Edward S. Prescott

Federal Reserve Banks - Federal Reserve Bank of Cleveland

SCHOLARLY PAPERS

32

DOWNLOADS
Rank 22,113

SSRN RANKINGS

Top 22,113

in Total Papers Downloads

1,625

CITATIONS
Rank 6,675

SSRN RANKINGS

Top 6,675

in Total Papers Citations

73

Scholarly Papers (32)

1.

Bank Capital Regulation With and Without State-Contingent Penalties

FRB Chicago Working Paper No. 2000-10
Number of pages: 51 Posted: 08 Nov 2000
David A. Marshall and Edward S. Prescott
Federal Reserve Bank of Chicago and Federal Reserve Banks - Federal Reserve Bank of Cleveland
Downloads 262 (89,875)
Citation 16

Abstract:

Market-Based Regulation and the Informational Content of Prices

Number of pages: 52 Posted: 17 Dec 2006
Philip Bond, Itay Goldstein and Edward S. Prescott
University of Washington - Michael G. Foster School of Business, University of Pennsylvania - The Wharton School - Finance Department and Federal Reserve Banks - Federal Reserve Bank of Cleveland
Downloads 142 (163,084)

Abstract:

Market-based regulation, Market-based intervention, Price informativeness, Bank supervision

Market-Based Regulation and the Informational Content of Prices

FRB Richmond Working Paper No. 06-12
Number of pages: 54 Posted: 07 Dec 2012
Philip Bond, Itay Goldstein and Edward S. Prescott
University of Washington - Michael G. Foster School of Business, University of Pennsylvania - The Wharton School - Finance Department and Federal Reserve Banks - Federal Reserve Bank of Cleveland
Downloads 13 (479,677)

Abstract:

rational expectations, regulation, market discipline

3.

A Primer on Moral-Hazard Models

FRB Richmond Economic Quarterly, vol. 85, no. 1, Winter 1999, pp. 47-77
Number of pages: 31 Posted: 26 Nov 2012
Edward S. Prescott
Federal Reserve Banks - Federal Reserve Bank of Cleveland
Downloads 89 (177,802)
Citation 9

Abstract:

4.
Downloads 75 (253,979)
Citation 1

Contingent Capital: The Trigger Problem

FRB Richmond Economic Quarterly, vol. 98, no. 1, First Quarter 2012, pp. 33-50
Number of pages: 18 Posted: 20 Dec 2012
Edward S. Prescott
Federal Reserve Banks - Federal Reserve Bank of Cleveland
Downloads 60 (290,327)
Citation 1

Abstract:

Contingent Capital: The Trigger Problem

FRB Richmond Working Paper No. 11-07
Number of pages: 19 Posted: 18 Dec 2012
Edward S. Prescott
Federal Reserve Banks - Federal Reserve Bank of Cleveland
Downloads 15 (468,113)
Citation 1

Abstract:

bank regulation, contingent capital

5.

Did the Financial Reforms of the Early 1990s Fail? A Comparison of Bank Failures and FDIC Losses in the 1986-92 and 2007-13 Periods

FRB Richmond Working Paper No. 15-05
Number of pages: 39 Posted: 13 Aug 2015
Eliana Balla, Edward S. Prescott and John R. Walter
Federal Reserve Banks - Federal Reserve Bank of Richmond, Federal Reserve Banks - Federal Reserve Bank of Cleveland and Federal Reserve Banks - Federal Reserve Bank of Richmond
Downloads 73 (257,957)

Abstract:

6.

Can Risk-Based Deposit Insurance Premiums Control Moral Hazard?

FRB Richmond Economic Quarterly, vol. 88, no. 2, Spring 2002, pp. 87-100
Number of pages: 14 Posted: 02 Dec 2012
Edward S. Prescott
Federal Reserve Banks - Federal Reserve Bank of Cleveland
Downloads 69 (233,794)
Citation 2

Abstract:

7.

State-Contingent Bank Regulation With Unobserved Action and Unobserved Characteristics

FRB of Chicago Working Paper No. 2002-24
Number of pages: 64 Posted: 27 Mar 2003
David A. Marshall and Edward S. Prescott
Federal Reserve Bank of Chicago and Federal Reserve Banks - Federal Reserve Bank of Cleveland
Downloads 69 (262,017)
Citation 3

Abstract:

8.

Banker Compensation and Bank Risk Taking: The Organizational Economics View

FRB Richmond Working Paper No. 13-03
Number of pages: 30 Posted: 06 Mar 2013
Arantxa Jarque and Edward S. Prescott
Federal Reserve Banks - Federal Reserve Bank of Richmond and Federal Reserve Banks - Federal Reserve Bank of Cleveland
Downloads 63 (250,090)

Abstract:

incentive compensation, bank regulation, risk shifting

9.

Auditing and Bank Capital Regulation

FRB Richmond Economic Quarterly, vol. 90, no. 4, Fall 2004, pp. 47-63
Number of pages: 17 Posted: 05 Dec 2012
Edward S. Prescott
Federal Reserve Banks - Federal Reserve Bank of Cleveland
Downloads 60 (248,191)
Citation 3

Abstract:

10.

Introduction to the Special Issue on the Diamond-Dybvig Model

FRB Richmond Economic Quarterly, vol. 96, no. 1, First Quarter 2010, pp. 1-9
Number of pages: 9 Posted: 16 Dec 2012
Edward S. Prescott
Federal Reserve Banks - Federal Reserve Bank of Cleveland
Downloads 44 (304,173)
Citation 1

Abstract:

11.

Changes in the Size Distribution of U. S. Banks: 1960-2005

FRB Richmond Economic Quarterly, vol. 92, no. 4, Fall 2006, pp. 291-316
Number of pages: 26 Posted: 08 Dec 2012
Hubert Janicki and Edward S. Prescott
Arizona State University (ASU) and Federal Reserve Banks - Federal Reserve Bank of Cleveland
Downloads 39 (253,979)
Citation 5

Abstract:

12.

Regulating Bank Capital Structure to Control Risk

FRB Richmond Economic Quarterly, Vol. 87, No. 3, Summer 2001, pp. 35-52
Number of pages: 18 Posted: 30 Nov 2012
Edward S. Prescott
Federal Reserve Banks - Federal Reserve Bank of Cleveland
Downloads 39 (329,800)
Citation 2

Abstract:

13.

An Experimental Analysis of Contingent Capital Triggering Mechanisms

FRB Richmond Working Paper No. 11-01R
Number of pages: 42 Posted: 18 Dec 2012
Douglas D. Davis, Oleg Korenok and Edward S. Prescott
Virginia Commonwealth University - School of Business - Department of Economics, Virginia Commonwealth University - School of Business and Federal Reserve Banks - Federal Reserve Bank of Cleveland
Downloads 28 (345,527)
Citation 2

Abstract:

bank regulation, experiments, contingent capital

14.

Optimal Bonuses and Deferred Pay for Bank Employees: Implications of Hidden Actions with Persistent Effects in Time

FRB Richmond Working Paper No. 10-16
Number of pages: 43 Posted: 16 Dec 2012
Arantxa Jarque and Edward S. Prescott
Federal Reserve Banks - Federal Reserve Bank of Richmond and Federal Reserve Banks - Federal Reserve Bank of Cleveland
Downloads 26 (362,894)
Citation 1

Abstract:

moral hazard, persistence, bonus, deferred pay, banking

15.

Fixed Prices and Regulatory Discretion as Triggers for Contingent Capital Conversion: An Experimental Examination

FRB Richmond Working Paper No. 15-02
Number of pages: 30 Posted: 13 Aug 2015
Douglas D. Davis and Edward S. Prescott
Virginia Commonwealth University - School of Business - Department of Economics and Federal Reserve Banks - Federal Reserve Bank of Cleveland
Downloads 24 (405,130)

Abstract:

16.

Too Big to Manage? Two Book Reviews

FRB Economic Quarterly, Vol. 99, No. 2, Second Quarter 2013, pp. 143-162, Federal Reserve Bank of Richmond Research Paper
Number of pages: 20 Posted: 29 May 2014
Edward S. Prescott
Federal Reserve Banks - Federal Reserve Bank of Cleveland
Downloads 22 (366,655)

Abstract:

17.

Group Lending and Financial Intermediation: An Example

FRB Richmond Economic Quarterly, Vol. 83, No. 4, Fall 1997, pp. 23-48
Number of pages: 26 Posted: 19 Nov 2012
Edward S. Prescott
Federal Reserve Banks - Federal Reserve Bank of Cleveland
Downloads 22 (348,872)
Citation 4

Abstract:

Firms as Clubs in Walrasian Markets with Private Information

FRB Richmond Working Paper No. 00-8
Number of pages: 60 Posted: 27 Nov 2012
Edward S. Prescott and Robert M. Townsend
Federal Reserve Banks - Federal Reserve Bank of Cleveland and MIT - Department of Economics
Downloads 22 (428,502)
Citation 3

Abstract:

private information, general equilibrium, clubs, theory of the firm

Firms as Clubs in Walrasian Markets with Private Information

Journal of Political Economy, Vol. 114, pp. 644-71, August 2006
Posted: 01 Nov 2006
Edward S. Prescott and Robert M. Townsend
Federal Reserve Banks - Federal Reserve Bank of Cleveland and MIT - Department of Economics

Abstract:

19.

Hired Hooves: Transactions in a South Indian Village Factor Market

The Australian Journal of Agricultural and Resource Economics, Vol. 46, pp. 233-255, 2002
Number of pages: 23 Posted: 29 Dec 2002
Rolf A.E. Müller, Edward S. Prescott and Daniel A. Sumner
University of Kiel, Federal Reserve Banks - Federal Reserve Bank of Cleveland and University of California, Davis - Department of Agricultural and Resource Economics
Downloads 21 (420,097)

Abstract:

20.

Means of Payment, the Unbanked, and EFT '99

FRB Richmond Economic Quarterly, vol. 85, no. 4, Fall 1999, pp. 49-70
Number of pages: 22 Posted: 26 Nov 2012
Edward S. Prescott and Daniel D. Tatar
Federal Reserve Banks - Federal Reserve Bank of Cleveland and Independent
Downloads 17 (400,355)
Citation 2

Abstract:

21.

Theory of the Firm: Applied Mechanism Design

Federal Reserve Bank of Richmond Working Paper No. 96-2
Number of pages: 68 Posted: 17 Nov 2012
Edward S. Prescott and Robert M. Townsend
Federal Reserve Banks - Federal Reserve Bank of Cleveland and MIT - Department of Economics
Downloads 17 (415,043)

Abstract:

22.

Should Bank Supervisors Disclose Information about Their Banks?

FRB Richmond Economic Quarterly, Vol. 94, No. 1, Winter 2008, pp. 1-16
Number of pages: 16 Posted: 11 Dec 2012
Edward S. Prescott
Federal Reserve Banks - Federal Reserve Bank of Cleveland
Downloads 16 (352,339)
Citation 2

Abstract:

Computing Moral Hazard Problems Using the Dantzig-Wolfe Decomposition Algorithm

FRB Richmond Working Paper No. 98-6
Number of pages: 29 Posted: 21 Nov 2012
Edward S. Prescott
Federal Reserve Banks - Federal Reserve Bank of Cleveland
Downloads 14 (473,932)
Citation 2

Abstract:

Computing Moral-Hazard Problems Using the Dantzig-Wolfe Decomposition Algorithm

Working Paper 98-6
Posted: 10 Sep 1998
Edward S. Prescott
Federal Reserve Banks - Federal Reserve Bank of Cleveland

Abstract:

24.

Mechanism Design and Assignment Models

FRB Richmond Working Paper No. 03-9
Number of pages: 33 Posted: 03 Dec 2012
Edward S. Prescott and Robert M. Townsend
Federal Reserve Banks - Federal Reserve Bank of Cleveland and MIT - Department of Economics
Downloads 13 (420,097)
Citation 1

Abstract:

assignment, private information, communication

25.

The Pre-Commitment Approach in a Model of Regulatory Banking Capital

FRB Richmond Economic Quarterly, Vol. 83, No. 1, Winter 1997, pp. 23-50
Number of pages: 28 Posted: 19 Nov 2012
Edward S. Prescott
Federal Reserve Banks - Federal Reserve Bank of Cleveland
Downloads 12 (415,043)
Citation 6

Abstract:

26.

Technological Design and Moral Hazard

FRB Richmond Economic Quarterly, vol. 91, no. 4, Fall 2005, pp. 43-55
Number of pages: 13 Posted: 06 Dec 2012
Edward S. Prescott
Federal Reserve Banks - Federal Reserve Bank of Cleveland
Downloads 10 (465,868)

Abstract:

27.

State-Contingent Bank Regulation with Unobserved Actions and Unobserved Characteristics

FRB Richmond Working Paper No. 04-02
Number of pages: 36 Posted: 04 Dec 2012
David A. Marshall and Edward S. Prescott
Federal Reserve Bank of Chicago and Federal Reserve Banks - Federal Reserve Bank of Cleveland
Downloads 10 (460,900)
Citation 4

Abstract:

bank regulation, moral hazard, hidden information

28.

Firms, Assignments, and Earnings

FRB Richmond Economic Quarterly, Vol. 89, No. 4, Fall 2003, pp. 69-81
Number of pages: 13 Posted: 05 Dec 2012
Edward S. Prescott
Federal Reserve Banks - Federal Reserve Bank of Cleveland
Downloads 9 (460,900)
Citation 2

Abstract:

29.

A Regional Look at the Role of House Prices and Labor Market Conditions in Mortgage Default

FRB Richmond Economic Quarterly, vol. 97, no. 1, First Quarter 2011, pp. 1-43
Number of pages: 43 Posted: 19 Dec 2012
Sonya Waddell, Anne Davlin and Edward S. Prescott
Federal Reserve Banks - Federal Reserve Bank of Richmond, Federal Reserve Banks - Federal Reserve Bank of Richmond and Federal Reserve Banks - Federal Reserve Bank of Cleveland
Downloads 7 (470,947)

Abstract:

30.

Incentives, Communication, and Payment Instruments

FRB Richmond Working Paper No. 00-11
Number of pages: 30 Posted: 28 Nov 2012
Edward S. Prescott and John A. Weinberg
Federal Reserve Banks - Federal Reserve Bank of Cleveland and Federal Reserve Banks - Federal Reserve Bank of Richmond
Downloads 5 (485,880)
Citation 1

Abstract:

means of payment, incentives, communication

31.

Firms as Clubs in Walrasian Markets with Private Information: Technical Appendix

FRB Richmond Working Paper No. 05-11
Number of pages: 19 Posted: 06 Dec 2012
Edward S. Prescott and Robert M. Townsend
Federal Reserve Banks - Federal Reserve Bank of Cleveland and MIT - Department of Economics
Downloads 4 (490,610)
Citation 1

Abstract:

competitive equilibrium, clubs, private information

32.

The Financial Crisis, the Collapse of Bank Entry, and Changes in the Size Distribution of Banks

FRB Richmond Economic Quarterly, vol. 100, no. 1, First Quarter 2014, pp. 23-50
Number of pages: 28 Posted: 31 Jul 2015
Roisin McCord and Edward S. Prescott
Federal Reserve Banks - Federal Reserve Bank of Richmond and Federal Reserve Banks - Federal Reserve Bank of Cleveland
Downloads 3 (382,271)

Abstract: