Details about Gerald Dwyer

Homepage:	https://www.jerrydwyer.com/
Workplace:	Centre for Applied Macroeconomic Analysis (CAMA), Crawford School of Public Policy, Australian National University, (more information at EDIRC) John E. Walker Department of Economics, Wilbur O. and Ann Powers College of Business, Clemson University, (more information at EDIRC)

Access statistics for papers by Gerald Dwyer.

Last updated 2024-07-05. Update your information in the RePEc Author Service.

Short-id: pdw1

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Working Papers

2024

1. The effects of the ECB’s unconventional monetary policies from 2011 to 2018 on banking assets
   Working Papers, Banco de España
   See also Journal Article The effects of the ECB’s unconventional monetary policies from 2011 to 2018 on banking assets, Journal of International Financial Markets, Institutions and Money, Elsevier (2023) (2023)

2020

2. Surety bonds and moral hazard in banking
   CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University
   See also Journal Article Surety bonds and moral hazard in banking, Journal of Financial Stability, Elsevier (2022) View citations (1) (2022)

2018

3. The G-20 regulatory agenda and bank risk
   Working Papers, Banco de España View citations (2)

2016

4. Blockchain: A Primer
   MPRA Paper, University Library of Munich, Germany
   See also Chapter Blockchain: a primer, Chapters, Edward Elgar Publishing (2017) View citations (1) (2017)

2014

5. The Economics of Private Digital Currency
   MPRA Paper, University Library of Munich, Germany View citations (7)

2012

6. Data appendix for economic growth in the long run
   MPRA Paper, University Library of Munich, Germany View citations (4)
7. Economic growth In the long run
   MPRA Paper, University Library of Munich, Germany View citations (5)
   See also Journal Article Economic growth in the long run, Journal of Development Economics, Elsevier (2019) View citations (23) (2019)
8. Recessions, Growth and Financial Crises
   MPRA Paper, University Library of Munich, Germany

2011

9. Systematic and Liquidity Risk in Subprime-Mortgage Backed Securities
   CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University View citations (1)
   Also in Working Papers, University of Tasmania, Tasmanian School of Business and Economics (2011)
   Economics Department Working Paper Series, Department of Economics, National University of Ireland - Maynooth (2011)
   FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta (2011)
   See also Journal Article Systematic and Liquidity Risk in Subprime-Mortgage Backed Securities, Open Economies Review, Springer (2013) View citations (9) (2013)

2010

10. Expected returns to stock investments by angel investors in groups
    FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta View citations (1)
    See also Journal Article Expected Returns to Stock Investments by Angel Investors in Groups, European Financial Management, European Financial Management Association (2014) View citations (9) (2014)

2009

11. Bank relationships and firms' financial performance: the Italian experience
    Bank of Finland Research Discussion Papers, Bank of Finland
    See also Journal Article Bank Relationships and Firms' Financial Performance: The Italian Experience, European Financial Management, European Financial Management Association (2012) View citations (10) (2012)
12. Inflation and monetary regimes
    FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta View citations (7)
    See also Journal Article Inflation and monetary regimes, Journal of International Money and Finance, Elsevier (2009) View citations (8) (2009)
13. The financial crisis of 2008 in fixed income markets
    FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta View citations (19)
    See also Journal Article The financial crisis of 2008 in fixed-income markets, Journal of International Money and Finance, Elsevier (2009) View citations (44) (2009)

2008

14. Financial and real integration
    FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta
15. Returns to investors in stocks in new industries
    FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta View citations (1)
    See also Journal Article RETURNS TO INVESTORS IN STOCKS IN NEW INDUSTRIES, Economic Inquiry, Western Economic Association International (2012) View citations (1) (2012)

2006

16. Bank relationships and small firms’ financial performance
    FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta View citations (17)
17. Factor Returns, Institutions, and Geography: A View From Trade
    The Institute for International Integration Studies Discussion Paper Series, IIIS View citations (2)
    Also in FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta (2004) View citations (4)
18. When the Shoe is on the Other Foot: Experimental Evidence on Valuation Disparities
    Experimental Economics Center Working Paper Series, Experimental Economics Center, Andrew Young School of Policy Studies, Georgia State University
    Also in FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta (2005)
19. Why do banks promise to pay par on demand?
    FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta
    Also in 2004 Meeting Papers, Society for Economic Dynamics (2004)
    2004 Meeting Papers, Society for Economic Dynamics (2004)
    See also Journal Article Why do banks promise to pay par on demand?, Journal of Financial Stability, Elsevier (2009) View citations (7) (2009)

2004

20. Trading institutions and price discovery: the cash and futures markets for crude oil
    FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta

2003

21. Does opening a stock exchange increase economic growth?
    FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta View citations (4)
    See also Journal Article Does opening a stock exchange increase economic growth?, Journal of International Money and Finance, Elsevier (2004) View citations (23) (2004)
22. International Money and Common Currencies in Historical Perspective
    CEIS Research Paper, Tor Vergata University, CEIS View citations (5)
    Also in FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta (2002) View citations (5)
    International Finance, University Library of Munich, Germany (2003) View citations (2)
23. The Economics of International Monies
    International Finance, University Library of Munich, Germany View citations (5)
    Also in FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta (2003) View citations (5)

2002

24. Are stocks in new industries like lottery tickets?
    FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta
25. How important are capital and total factor productivity for economic growth?
    FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta View citations (47)
    See also Journal Article How Important are Capital and Total Factor Productivity for Economic Growth?, Economic Inquiry, Western Economic Association International (2006) View citations (180) (2006)

2001

26. Bank failures in banking panics: Risky banks or road kill?
    FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta View citations (4)

1999

27. Portable random number generators
    FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta
    See also Journal Article Portable random number generators, Journal of Economic Dynamics and Control, Elsevier (2003) View citations (1) (2003)

1996

28. Suspension of payments and bank failures
    Proceedings, Federal Reserve Bank of Chicago View citations (1)
29. Suspension of payments, bank failures, and the nonbank public's losses
    FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta View citations (6)
    See also Journal Article Suspension of payments, bank failures, and the nonbank public's losses, Journal of Monetary Economics, Elsevier (2007) View citations (11) (2007)

1995

30. Index arbitrage and nonlinear dynamics between the S&P 500 futures and cash
    FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta
    See also Journal Article Index Arbitrage and Nonlinear Dynamics between the S&P 500 Futures and Cash, The Review of Financial Studies, Society for Financial Studies (1996) View citations (80) (1996)

1989

31. Contagious bank runs in the free banking period
    Working Papers, Federal Reserve Bank of St. Louis
    Also in Working Papers, Houston - Department of Economics (1988) View citations (2)
32. Do fundamentals, bubbles or neither determine stock prices? Some international evidence
    Working Papers, Federal Reserve Bank of St. Louis View citations (3)
33. Tests of rational expectations in a stark setting
    Working Papers, Federal Reserve Bank of St. Louis View citations (14)
    See also Journal Article Tests of Rational Expectations in a Stark Setting, Economic Journal, Royal Economic Society (1993) View citations (54) (1993)

1988

34. ARE EXPECTATIONS RATIONAL?
    Working Papers, Houston - Department of Economics View citations (1)
35. Contagion effects and banks closed in the free banking period
    Proceedings, Federal Reserve Bank of Chicago
36. TIME INCONSISTENCY IN A REPUBLIC
    Working Papers, Houston - Department of Economics

Undated

37. Random Number Generators
    Computing in Economics and Finance 1997, Society for Computational Economics View citations (4)

Journal Articles

2023

1. The effects of the ECB’s unconventional monetary policies from 2011 to 2018 on banking assets
   Journal of International Financial Markets, Institutions and Money, 2023, 87, (C)
   See also Working Paper The effects of the ECB’s unconventional monetary policies from 2011 to 2018 on banking assets, Working Papers (2024) (2024)

2022

2. Surety bonds and moral hazard in banking
   Journal of Financial Stability, 2022, 62, (C) View citations (1)
   See also Working Paper Surety bonds and moral hazard in banking, CAMA Working Papers (2020) (2020)

2019

3. Economic growth in the long run
   Journal of Development Economics, 2019, 137, (C), 1-35 View citations (23)
   See also Working Paper Economic growth In the long run, MPRA Paper (2012) View citations (5) (2012)

2018

4. The G-20′s regulatory agenda and banks’ risk
   Journal of Financial Stability, 2018, 39, (C), 66-78 View citations (2)

2016

5. Government finances and bank bailouts: Evidence from European stock markets
   Journal of Empirical Finance, 2016, 39, (PB), 169-179 View citations (8)
6. The impact of public and semi-public information on cotton futures market
   Applied Economics, 2016, 48, (36), 3416-3431 View citations (2)
7. What determines output losses after banking crises?
   Journal of International Money and Finance, 2016, 69, (C), 69-94 View citations (18)

2015

8. The economics of Bitcoin and similar private digital currencies
   Journal of Financial Stability, 2015, 17, (C), 81-91 View citations (254)

2014

9. Expected Returns to Stock Investments by Angel Investors in Groups
   European Financial Management, 2014, 20, (4), 739-755 View citations (9)
   See also Working Paper Expected returns to stock investments by angel investors in groups, FRB Atlanta Working Paper (2010) View citations (1) (2010)

2013

10. Recessions, growth and banking crises
    Journal of International Money and Finance, 2013, 38, (C), 18-40 View citations (14)
11. Systematic and Liquidity Risk in Subprime-Mortgage Backed Securities
    Open Economies Review, 2013, 24, (1), 5-32 View citations (9)
    See also Working Paper Systematic and Liquidity Risk in Subprime-Mortgage Backed Securities, CAMA Working Papers (2011) View citations (1) (2011)

2012

12. Bank Relationships and Firms' Financial Performance: The Italian Experience
    European Financial Management, 2012, 18, (1), 28-67 View citations (10)
    See also Working Paper Bank relationships and firms' financial performance: the Italian experience, Bank of Finland Research Discussion Papers (2009) (2009)
13. International and historical dimensions of the financial crisis of 2007 and 2008
    Journal of International Money and Finance, 2012, 31, (1), 1-9 View citations (13)
14. RETURNS TO INVESTORS IN STOCKS IN NEW INDUSTRIES
    Economic Inquiry, 2012, 50, (4), 1031-1049 View citations (1)
    See also Working Paper Returns to investors in stocks in new industries, FRB Atlanta Working Paper (2008) View citations (1) (2008)

2009

15. Inflation and monetary regimes
    Journal of International Money and Finance, 2009, 28, (7), 1221-1241 View citations (8)
    See also Working Paper Inflation and monetary regimes, FRB Atlanta Working Paper (2009) View citations (7) (2009)
16. Interest on Reserves and the Federal Reserve's Balance Sheet
    The Journal of Economic Asymmetries, 2009, 6, (3), 15-24
17. Introduction to conference volume on money and monetary policy
    Journal of International Money and Finance, 2009, 28, (7), 1083-1085
18. Investment analysts' forecasts of earnings
    Review, 2009, 91, (Sep), 545-568 View citations (2)
19. The financial crisis of 2008 in fixed-income markets
    Journal of International Money and Finance, 2009, 28, (8), 1293-1316 View citations (44)
    See also Working Paper The financial crisis of 2008 in fixed income markets, FRB Atlanta Working Paper (2009) View citations (19) (2009)
20. Vintage and credit rating: what matters in the ABX data during the credit crunch?
    Proceedings, 2009, (Jan) View citations (3)
21. Why do banks promise to pay par on demand?
    Journal of Financial Stability, 2009, 5, (2), 147-169 View citations (7)
    See also Working Paper Why do banks promise to pay par on demand?, FRB Atlanta Working Paper (2006) (2006)

2007

22. Suspension of payments, bank failures, and the nonbank public's losses
    Journal of Monetary Economics, 2007, 54, (2), 565-580 View citations (11)
    See also Working Paper Suspension of payments, bank failures, and the nonbank public's losses, FRB Atlanta Working Paper (1996) View citations (6) (1996)
23. When the Shoe Is on the Other Foot
    Public Finance Review, 2007, 35, (2), 199-214

2006

24. How Important are Capital and Total Factor Productivity for Economic Growth?
    Economic Inquiry, 2006, 44, (1), 23-49 View citations (180)
    See also Working Paper How important are capital and total factor productivity for economic growth?, FRB Atlanta Working Paper (2002) View citations (47) (2002)
25. Preface: hedge funds: creators of risk?
    Economic Review, 2006, 91, (Q 4), v-vi

2005

26. Comment on "Banking stability and transparency" by Erlend Nier
    Journal of Financial Stability, 2005, 1, (3), 435-437
27. Introduction to the journal of financial stability issue on regulation and financial stability
    Journal of Financial Stability, 2005, 1, (3), 275-278
28. Social Security private accounts: a risky proposition?
    Economic Review, 2005, 90, (Q 3), 13 View citations (1)

2004

29. Does opening a stock exchange increase economic growth?
    Journal of International Money and Finance, 2004, 23, (3), 311-331 View citations (23)
    See also Working Paper Does opening a stock exchange increase economic growth?, FRB Atlanta Working Paper (2003) View citations (4) (2003)
30. The news in financial asset returns
    Economic Review, 2004, 89, (Q 1), 1 - 23 View citations (2)

2003

31. Modern economic growth and recent stagnation
    Economic Review, 2003, 88, (Q3), 45-62 View citations (2)
32. Portable random number generators
    Journal of Economic Dynamics and Control, 2003, 27, (4), 645-650 View citations (1)
    See also Working Paper Portable random number generators, FRB Atlanta Working Paper (1999) (1999)

1999

33. Are money growth and inflation still related?
    Economic Review, 1999, 84, (Q2), 32-43 View citations (55)

1998

34. The federal government's budget surplus: Cause for celebration?
    Economic Review, 1998, 83, (Q 3), 42-51 View citations (2)

1996

35. Index Arbitrage and Nonlinear Dynamics between the S&P 500 Futures and Cash
    The Review of Financial Studies, 1996, 9, (1), 301-32 View citations (80)
    See also Working Paper Index arbitrage and nonlinear dynamics between the S&P 500 futures and cash, FRB Atlanta Working Paper (1995) (1995)
36. Wildcat banking, banking panics, and free banking in the United States
    Economic Review, 1996, 81, (Dec), 1-20 View citations (10)

1994

37. Bank Runs in the Free Banking Period
    Journal of Money, Credit and Banking, 1994, 26, (2), 271-88 View citations (45)

1993

38. Rules and discretion in monetary policy
    Review, 1993, (May), 3-13 View citations (2)
39. Tests of Rational Expectations in a Stark Setting
    Economic Journal, 1993, 103, (418), 586-601 View citations (54)
    See also Working Paper Tests of rational expectations in a stark setting, Working Papers (1989) View citations (14) (1989)

1992

40. Cointegration and market efficiency
    Journal of International Money and Finance, 1992, 11, (4), 318-327 View citations (109)
41. Stabilization Policy Can Lead to Chaos
    Economic Inquiry, 1992, 30, (1), 40-46 View citations (3)

1989

42. Bank runs and private remedies
    Review, 1989, (May), 43-61 View citations (12)
43. Interest rates and economic announcements
    Review, 1989, (Mar), 34-46 View citations (28)
44. Paying for the German Inflation. By Michael L. Hughes. Chapel Hill: The University of North Carolina Press, 1988. Pp. xiii, 267. $32.50
    The Journal of Economic History, 1989, 49, (1), 214-215

1988

45. Are national stock markets linked?
    Review, 1988, (Nov), 3-14 View citations (32)
46. Do fundamentals, bubbles, or neither explain stock prices? Some international evidence
    Proceedings, 1988, 31-79
47. Is money irrelevant?
    Review, 1988, (May), 3-17 View citations (40)
48. The stock market--bubbles, volatility and chaos: proceedings of the thirteenth annual Economic Policy Conference, held on October 21-22, 1988
    Proceedings, 1988 View citations (2)

1987

49. Tests of Competing Theories of Consumer Choice and the Representative Consumer Hypothesis
    Economic Journal, 1987, 97, (388), 842-56 View citations (1)

1986

50. Government revenue from money creation with government and private money
    Journal of Monetary Economics, 1986, 17, (2), 239-249 View citations (6)

1985

51. Federal Deficits, Interest Rates, and Monetary Policy
    Journal of Money, Credit and Banking, 1985, 17, (4), 655-81 View citations (4)
52. Money, Income, and Prices in the United Kingdom: 1870-1913
    Economic Inquiry, 1985, 23, (3), 415-35 View citations (1)
53. Money, deficits, and inflation a comment
    Carnegie-Rochester Conference Series on Public Policy, 1985, 22, (1), 197-205 View citations (1)

1984

54. Inflation and Government Deficits: A Reply
    Economic Inquiry, 1984, 22, (4), 597-601

1982

55. Inflation and Government Deficits
    Economic Inquiry, 1982, 20, (3), 315-29 View citations (32)

1981

56. Are expectations of inflation rational? or Is variation of the expected real interest rate unpredictable?
    Journal of Monetary Economics, 1981, 8, (1), 59-84 View citations (5)
57. The Effects of the Banking Acts of 1933 and 1935 on Capital Investment in Commercial Banking
    Journal of Money, Credit and Banking, 1981, 13, (2), 192-204 View citations (1)

1980

58. Saving and the Rate of Interest: A Clarifying Note
    Journal of Political Economy, 1980, 88, (2), 400-405

1974

59. Branching, holding companies, and banking concentration in the Eighth District
    Review, 1974, 56, (Jul), 11-18
60. Economic slowdown: demand or supply induced?
    Review, 1974, 56, (May), 8-14

Edited books

2002

1. Monetary Policy and Taiwan’s Economy
   Books, Edward Elgar Publishing View citations (1)

Chapters

2017

1. Blockchain: a primer
   Chapter 2 in The Most Important Concepts in Finance, 2017, pp 12-27 View citations (1)
   See also Working Paper Blockchain: A Primer, University Library of Munich, Germany (2016) (2016)

2002

2. Editors' introduction
   Chapter 1 in Monetary Policy and Taiwan’s Economy, 2002, pp 3-10
3. Money growth and inflation in the United States
   Chapter 4 in Monetary Policy and Taiwan’s Economy, 2002, pp 67-85

Editor

1. Financial Markets, Institutions and Risks
   Sciendo