Benjamin Kay

Board of Governors of the Federal Reserve System

20th Street and Constitution Avenue NW

Washington, DC 20551

United States

http://https://www.federalreserve.gov/econres/benjamin-s-kay.htm

SCHOLARLY PAPERS

12

DOWNLOADS
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1,209

SSRN CITATIONS
Rank 36,838

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Top 36,838

in Total Papers Citations

8

CROSSREF CITATIONS

12

Scholarly Papers (12)

Bank Income and Adjustment to Debit Card Interchange Regulation

Number of pages: 49 Posted: 13 Jun 2014 Last Revised: 15 Nov 2016
Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System and Board of Governors of the Federal Reserve System
Downloads 147 (227,710)
Citation 1

Abstract:

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Durbin Amendment, Debit Cards, Dodd-Frank, Bank Competition, Retail Banking

Bank Profitability and Debit Card Interchange Regulation: Bank Responses to the Durbin Amendment

FEDS Working Paper No. 2014-77
Number of pages: 47 Posted: 17 Oct 2014
Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System and Board of Governors of the Federal Reserve System
Downloads 81 (347,764)
Citation 4

Abstract:

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banks, debit cards, Dodd-Frank Act, Durbin Amendment, interchange fees, payments

2.

The Market-Implied Probability of Government Support for Distressed European Banks

OFR WP 16-10, Columbia Business School Research Paper No. 16-73
Number of pages: 23 Posted: 12 Oct 2016 Last Revised: 23 Dec 2019
Columbia University - Department of Statistics, Columbia Business School, Board of Governors of the Federal Reserve System and Government of the United States of America - Office of Financial Research
Downloads 218 (160,547)
Citation 4

Abstract:

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Bailout, bail-in, European Bank Resolution and Recovery Directive, credit default swaps

3.

The COVID-19 Shock and Consumer Credit: Evidence from Credit Card Data

Number of pages: 54 Posted: 29 May 2020 Last Revised: 08 Jan 2021
Akos Horvath, Benjamin Kay and Carlo Wix
Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System and Board of Governors of the Federal Reserve System
Downloads 210 (166,293)
Citation 2

Abstract:

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COVID-19, consumer credit, credit cards, household spending, bank lending, credit supply

4.

Corporate Governance Responses to Director Rule Changes

Number of pages: 45 Posted: 05 May 2015
Benjamin Kay and Cindy M. Vojtech
Board of Governors of the Federal Reserve System and Board of Governors of the Federal Reserve System
Downloads 183 (188,718)
Citation 3

Abstract:

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Corporate Governance, Sarbanes Oxley Act, SOX, Natural Experiment, E-Index, Executive Compensation, Corporate Finance

5.

The Real Consequences of Bank Mortgage Lending Standards

OFR WP 16-05
Number of pages: 53 Posted: 16 May 2016 Last Revised: 19 Dec 2018
Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System and Board of Governors of the Federal Reserve System
Downloads 129 (251,944)
Citation 6

Abstract:

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Residential Real Estate, Denial Rates, Credit Availability

6.
Downloads 69 (377,062)

Safe Assets As Commodity Money

OFR WP 15-23
Number of pages: 31 Posted: 27 Nov 2015 Last Revised: 15 Nov 2016
Maya Eden and Benjamin Kay
World Bank - Development Research Group (DECRG) and Board of Governors of the Federal Reserve System
Downloads 48 (456,167)

Abstract:

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Private Money Creation; Liquidity; Institutional Money Alternatives

Safe Assets as Commodity Money

Number of pages: 30 Posted: 11 Oct 2015
Benjamin Kay and Maya Eden
Board of Governors of the Federal Reserve System and World Bank - Development Research Group (DECRG)
Downloads 21 (604,049)

Abstract:

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Safe assets, Shadow banking, Liquidity premium, Commodity money, Liquidity crisis

7.

Bank Profitability and Debit Card Interchange Regulation: Bank Responses to the Durbin Amendment

FEDS Working Paper No. 2014-77
Number of pages: 47 Posted: 31 May 2017
Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System and Board of Governors of the Federal Reserve System
Downloads 49 (444,303)

Abstract:

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Banks, debit cards, Dodd-Frank Act, Durbin Amendment, interchange fees, payments

8.

The Impact of Credit Risk Mispricing on Mortgage Lending During the Subprime Boom

FEDS Working Paper No. 2019-046
Number of pages: 60 Posted: 17 Jul 2019
James A. Kahn and Benjamin Kay
Yeshiva University and Board of Governors of the Federal Reserve System
Downloads 33 (514,416)

Abstract:

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Default Risk, Financial Crisis, Housing Finance, Mortgage Insurance

9.

The Varieties of Great Moderation Experience

Number of pages: 60 Posted: 03 Jul 2013
Benjamin Kay and Thomas Daula
Board of Governors of the Federal Reserve System and Government of the United States of America - Federal Housing Finance Board (FHFB)
Downloads 28 (541,269)

Abstract:

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The Great Moderation, international macroeconomics, Bayesian econometrics, classical econometrics, labor-hoarding, labor market frictions

10.

The Impact of Credit Risk Mispricing on Mortgage Lending During the Subprime Boom

Number of pages: 69 Posted: 12 Apr 2019
James A. Kahn and Benjamin Kay
Yeshiva University and Board of Governors of the Federal Reserve System
Downloads 22 (578,387)

Abstract:

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Financial Crisis, Mortgage Insurance, Housing Finance, Default Risk

11.

The Effects of Housing Adjustment Costs on Consumption Dynamics

Number of pages: 39 Posted: 16 Nov 2016
Benjamin Kay
Board of Governors of the Federal Reserve System
Downloads 22 (578,387)

Abstract:

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Houshold Portfolio, Housing, Macroeconomics, Adjustment Costs, Consumption Dynamics, Great Recession

12.

Do Information Releases Diminish Equity Bid-Offer Spreads?

Number of pages: 40 Posted: 16 Nov 2016
Benjamin Kay
Board of Governors of the Federal Reserve System
Downloads 18 (604,768)

Abstract:

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Market Microstructure, Equities, Adverse Selection, Event Studies, SEC Filings

Other Papers (1)

Total Downloads: 8
1.

Ten Days Late and Billions of Dollars Short: The Employment Effects of Delays in Paycheck Protection Program Financing

Number of pages: 79
Cynthia Doniger and Benjamin Kay
Board of Governors of the Federal Reserve System and Board of Governors of the Federal Reserve System
Downloads 8

Abstract:

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Paycheck Protection Program, Countercyclical Fiscal Policy, Covid-19, Kurzarbeit, Income Support, Small Business Lending