Peter L. Rousseau

Vanderbilt University - Department of Economics

Professor

Box 1819 Station B

Nashville, TN 37235

United States

http://www.vanderbilt.edu/econ/faculty/rousseau.html

  • Vanderbilt University - Department of Economics

    • Email
    • Tel: 615-343-2466
    • Fax: 615-343-8495
SCHOLARLY PAPERS

51

DOWNLOADS
Rank 8,143

SSRN RANKINGS

Top 8,143

in Total Papers Downloads

11,682

TOTAL CITATIONS
Rank 1,905

SSRN RANKINGS

Top 1,905

in Total Papers Citations

294

Scholarly Papers (51)

Actions:
Email selected abstracts
1.

The Price of Wine

Journal of Financial Economics (JFE), Vol. 118, No. 2, 2015, pages 431–449
Number of pages: 50 Posted: 07 Sep 2013 Last Revised: 19 Mar 2016
Elroy Dimson, Peter L. Rousseau and Christophe Spaenjers
University of Cambridge - Judge Business School, Vanderbilt University - Department of Economics and University of Colorado Boulder - Leeds School of Business
Downloads 3,245 (8,077)
Citation 8

Abstract:

Loading...

wine prices; alternative investments; price indexes; psychic return; bubbles

2.

Economic Growth and Financial Depth: Is the Relationship Extinct Already?

Downloads 1,040 (46,448)
Citation 21

Economic Growth and Financial Depth: Is the Relationship Extinct Already?

Number of pages: 26 Posted: 27 Oct 2005
Peter L. Rousseau and Paul Wachtel
Vanderbilt University - Department of Economics and New York University - Stern School of Business
Downloads 703 (77,817)
Citation 21

Abstract:

Loading...

finance-growth nexus, rolling regression, robustness, cross-country growth

Economic Growth and Financial Depth: Is the Relationship Extinct Already?

NYU Working Paper No. 2451/26108
Number of pages: 26 Posted: 13 Oct 2008
Peter L. Rousseau and Paul Wachtel
Vanderbilt University - Department of Economics and New York University - Stern School of Business
Downloads 337 (188,961)

Abstract:

Loading...

finance-growth nexus, rolling regression, robustness, cross-country growth

3.

Inflation, Financial Development and Growth

Downloads 903 (56,584)

Inflation, Financial Development and Growth

Number of pages: 14 Posted: 07 Dec 2000
Peter L. Rousseau and Paul Wachtel
Vanderbilt University - Department of Economics and New York University - Stern School of Business
Downloads 903 (55,710)

Abstract:

Loading...

Inflation, Financial Development and Growth

ECONOMIC THEORY, DYNAMICS AND MARKETS: ESSAYS IN HONOR OF RYUZO SATO, T. Negishi, R. Ramachandran, K. Mino, eds., Kluwer, 2001
Posted: 26 Jan 2001
Peter L. Rousseau and Paul Wachtel
Vanderbilt University - Department of Economics and New York University - Stern School of Business

Abstract:

Loading...

4.

Director Histories and the Pattern of Acquisitions

Journal of Financial and Quantitative Analysis (JFQA), Vol. 50, No. 4, 2015
Number of pages: 57 Posted: 29 Aug 2011 Last Revised: 19 Apr 2016
Peter L. Rousseau and Caleb Stroup
Vanderbilt University - Department of Economics and Davidson College
Downloads 623 (92,161)
Citation 11

Abstract:

Loading...

interlocking directorates, board networks, social networks, corporate governance

5.

What is Happening to the Impact of Financial Deepening on Economic Growth?

Downloads 524 (114,611)
Citation 74

What is Happening to the Impact of Financial Deepening on Economic Growth?

Number of pages: 24 Posted: 10 Oct 2006
Peter L. Rousseau and Paul Wachtel
Vanderbilt University - Department of Economics and New York University - Stern School of Business
Downloads 304 (211,381)
Citation 25

Abstract:

Loading...

finance-growth nexus, rolling regression, robustness, cross-country growth

What is Happening to the Impact of Financial Deepening on Economic Growth?

NYU Working Paper No. 2451/26077
Number of pages: 24 Posted: 13 Oct 2008
Paul Wachtel and Peter L. Rousseau
New York University - Stern School of Business and Vanderbilt University - Department of Economics
Downloads 220 (293,492)
Citation 49

Abstract:

Loading...

finance-growth nexus, rolling regression, robustness, cross-country growth

6.

The Q-Theory of Mergers

NBER Working Paper No. w8740
Number of pages: 15 Posted: 24 Jan 2002 Last Revised: 20 Nov 2022
Boyan Jovanovic and Peter L. Rousseau
New York University - Department of Economics and Vanderbilt University - Department of Economics
Downloads 454 (136,282)
Citation 14

Abstract:

Loading...

7.

Inflation, Financial Development, and Growth: A Trilateral Analysis

Downloads 405 (155,625)
Citation 3

Inflation, Financial Development, and Growth: A Trilateral Analysis

Economic Systems, Forthcoming
Number of pages: 28 Posted: 13 Jul 2007 Last Revised: 25 Apr 2022
Peter L. Rousseau and Hakan Yilmazkuday
Vanderbilt University - Department of Economics and Florida International University (FIU) - Department of Economics
Downloads 405 (154,044)
Citation 3

Abstract:

Loading...

Financial development, Economic growth, Inflation, Cross-country analysis

Inflation, Financial Development and Growth: A Trilateral Analysis

Economic Systems, Vol. 33, No. 4, 2009
Posted: 04 Dec 2009 Last Revised: 27 May 2010
Peter L. Rousseau and Hakan Yilmazkuday
Vanderbilt University - Department of Economics and Florida International University (FIU) - Department of Economics

Abstract:

Loading...

Financial depth, Economic growth, Inflation, Cross-country analysis

8.

Inflation Thresholds and the Finance-Growth Nexus

Downloads 340 (188,882)
Citation 29

Inflation Thresholds and the Finance-Growth Nexus

Number of pages: 23 Posted: 25 Sep 2002
Peter L. Rousseau and Paul Wachtel
Vanderbilt University - Department of Economics and New York University - Stern School of Business
Downloads 340 (187,212)
Citation 29

Abstract:

Loading...

Financial development, Economic growth, Inflation, Financial repression, Cross-country regression

Inflation Thresholds and the Finance-Growth Nexus

Journal of International Money and Finance, 2002
Posted: 25 Sep 2002 Last Revised: 17 Jun 2013
Peter L. Rousseau and Paul Wachtel
Vanderbilt University - Department of Economics and New York University - Stern School of Business

Abstract:

Loading...

Financial development, Economic growth, Inflation, Financial repression, Cross-country regression

9.

Change of Control and the Success of China's Share Issue Privatization

Number of pages: 35 Posted: 19 Dec 2006
Peter L. Rousseau and Sheng Xiao
Vanderbilt University - Department of Economics and Westminster College (Utah)
Downloads 298 (217,518)
Citation 1

Abstract:

Loading...

state owned enterprises, profitability, event study

10.

General Purpose Technologies

NBER Working Paper No. w11093
Number of pages: 53 Posted: 23 Feb 2005 Last Revised: 26 Oct 2022
Boyan Jovanovic and Peter L. Rousseau
New York University - Department of Economics and Vanderbilt University - Department of Economics
Downloads 298 (217,518)
Citation 53

Abstract:

Loading...

11.

Banks, Stock Markets, and China's 'Great Leap Forward'

Number of pages: 19 Posted: 27 Jul 2006
Peter L. Rousseau and Sheng Xiao
Vanderbilt University - Department of Economics and Westminster College (Utah)
Downloads 244 (266,847)
Citation 3

Abstract:

Loading...

finance-growth nexus, investment, stock markets and growth, VAR

12.

Financial Systems, Economic Growth, and Globalization

NBER Working Paper No. w8323
Number of pages: 53 Posted: 15 Jun 2001 Last Revised: 30 Sep 2022
Peter L. Rousseau and Richard Sylla
Vanderbilt University - Department of Economics and New York University - Stern School of Business, Department of Economics
Downloads 210 (308,373)
Citation 10

Abstract:

Loading...

13.

A Flight to Q?: Firm Investment and Financing in Korea Before and after the 1997 Financial Crisis

Number of pages: 28 Posted: 24 Oct 2006
Peter L. Rousseau and Jong-Hun Kim
Vanderbilt University - Department of Economics and Vanderbilt University - College of Arts and Science - Department of Economics
Downloads 175 (364,460)
Citation 1

Abstract:

Loading...

financial crisis, investment demand, panel data GMM, financing constraints

14.

Mergers as Reallocation

NBER Working Paper No. w9279
Number of pages: 27 Posted: 19 Oct 2002 Last Revised: 10 Nov 2022
Boyan Jovanovic and Peter L. Rousseau
New York University - Department of Economics and Vanderbilt University - Department of Economics
Downloads 171 (371,949)
Citation 9

Abstract:

Loading...

15.

Panic and Propagation in 1873: A Computational Network Approach

Number of pages: 43 Posted: 31 Mar 2018 Last Revised: 17 Apr 2018
Daniel Ladley and Peter L. Rousseau
University of Leicester - School of Business and Vanderbilt University - Department of Economics
Downloads 163 (387,663)

Abstract:

Loading...

Panic of 1873, Reserve System, Crisis, Systemic Risk, Network

16.

Interest Rates and Initial Public Offerings

NBER Working Paper No. w10298
Number of pages: 24 Posted: 17 Feb 2004 Last Revised: 22 Aug 2022
Boyan Jovanovic and Peter L. Rousseau
New York University - Department of Economics and Vanderbilt University - Department of Economics
Downloads 163 (387,663)

Abstract:

Loading...

17.

Monetization, Financial Development and Growth: Time Series Evidence from 22 Countries in Sub-Saharan Africa

Number of pages: 48 Posted: 19 Mar 2012 Last Revised: 07 Jun 2013
Peter L. Rousseau and Alexandra D'Onofrio
Vanderbilt University - Department of Economics and Luiss Guido Carli University - Arcelli Center for Monetary and Financial Studies (CASMEF)
Downloads 135 (452,520)
Citation 2

Abstract:

Loading...

real money balances, investment, real activity, vector autoregression, vector error correction model

18.

Monetization and Growth in Colonial New England, 1703-1749

Downloads 127 (475,146)
Citation 4

Monetization and Growth in Colonial New England, 1703-1749

Number of pages: 20 Posted: 09 Jul 2010
Peter L. Rousseau and Caleb Stroup
Vanderbilt University - Department of Economics and Davidson College
Downloads 94 (598,095)
Citation 4

Abstract:

Loading...

Paper money, bills of credit, seigniorage, land bank, colonial America, Finance and growth, vector error correction model

Monetization and Growth in Colonial New England, 1703-1749

NBER Working Paper No. w16190
Number of pages: 21 Posted: 19 Jul 2010 Last Revised: 29 Mar 2023
Peter L. Rousseau and Caleb Stroup
Vanderbilt University - Department of Economics and Davidson College
Downloads 33 (1,012,510)

Abstract:

Loading...

19.

Financial Development, Trade Openness and Growth in the First Wave of Globalization

Number of pages: 14 Posted: 06 Jul 2016
Alexandra D'Onofrio and Peter L. Rousseau
Luiss Guido Carli University - Arcelli Center for Monetary and Financial Studies (CASMEF) and Vanderbilt University - Department of Economics
Downloads 124 (484,191)
Citation 2

Abstract:

Loading...

finance-growth nexus, 19th century commerce, panel VAR

20.

Credit Market Conditions and the Propagation of Korea's 1997 Financial Crisis

Number of pages: 35 Posted: 13 Aug 2006
Peter L. Rousseau and Jong-Hun Kim
Vanderbilt University - Department of Economics and Vanderbilt University - College of Arts and Science - Department of Economics
Downloads 123 (487,243)

Abstract:

Loading...

credit crunch, cost of credit intermediation, credit channel, flight to quality

21.

Episodes of Financial Deepening: Credit Booms or Growth Generators

Financial Systems and Economic Growth: Credit, Crises, and Regulation from the 19th Century to the Present. (P. L. Rousseau and P. Wachtel, eds.). Cambridge University Press, Forthcoming.
Number of pages: 31 Posted: 06 Jul 2016
Peter L. Rousseau and Paul Wachtel
Vanderbilt University - Department of Economics and New York University - Stern School of Business
Downloads 119 (499,787)

Abstract:

Loading...

finance-growth nexus, Atlantic economies, financial deepening, financial crisis

22.

Jacksonian Monetary Policy, Specie Flows, and the Panic of 1837

NBER Working Paper No. w7528
Number of pages: 45 Posted: 20 Feb 2000 Last Revised: 29 Jul 2022
Peter L. Rousseau
Vanderbilt University - Department of Economics
Downloads 101 (564,552)
Citation 5

Abstract:

Loading...

23.

Why Wait? a Century of Life Before IPO

NBER Working Paper No. w8081
Number of pages: 16 Posted: 13 Jan 2001 Last Revised: 01 Aug 2022
Boyan Jovanovic and Peter L. Rousseau
New York University - Department of Economics and Vanderbilt University - Department of Economics
Downloads 95 (587,880)
Citation 3

Abstract:

Loading...

24.

Emerging Financial Markets and Early U.S. Growth

NBER Working Paper No. w7448
Number of pages: 56 Posted: 05 Nov 1999 Last Revised: 09 Nov 2022
Peter L. Rousseau and Richard Sylla
Vanderbilt University - Department of Economics and New York University - Stern School of Business, Department of Economics
Downloads 93 (595,957)
Citation 10

Abstract:

Loading...

25.

Historical Perspectives on Financial Development and Economic Growth

NBER Working Paper No. w9333
Number of pages: 49 Posted: 25 Nov 2002 Last Revised: 02 Jan 2022
Peter L. Rousseau
Vanderbilt University - Department of Economics
Downloads 89 (612,316)
Citation 5

Abstract:

Loading...

26.

Vintage Organization Capital

NBER Working Paper No. w8166
Number of pages: 33 Posted: 16 Mar 2001 Last Revised: 26 Oct 2022
Boyan Jovanovic and Peter L. Rousseau
New York University - Department of Economics and Vanderbilt University - Department of Economics
Downloads 87 (620,992)

Abstract:

Loading...

27.

The Q-Theory of Ipos

NYU Working Paper No. S-MF-03-17
Number of pages: 29 Posted: 12 Nov 2008
Boyan Jovanovic and Peter L. Rousseau
New York University - Department of Economics and Vanderbilt University - Department of Economics
Downloads 85 (629,874)

Abstract:

Loading...

28.

A Common Currency: Early U.S. Monetary Policy and the Transition to the Dollar

NBER Working Paper No. w10702
Number of pages: 38 Posted: 13 Sep 2004 Last Revised: 30 Sep 2022
Peter L. Rousseau
Vanderbilt University - Department of Economics
Downloads 80 (652,668)
Citation 2

Abstract:

Loading...

29.

Jackson, the Bank War, and the Legacy of the Second Bank of the United States

Number of pages: 15 Posted: 18 Feb 2021
Peter L. Rousseau
Vanderbilt University - Department of Economics
Downloads 77 (666,910)

Abstract:

Loading...

Bank of the United States, Jacksonian monetary policy, central banking, Federal Reserve.

30.

Liquidity Effects in the Bond Market

NBER Working Paper No. w8597
Number of pages: 41 Posted: 17 Nov 2001 Last Revised: 30 Dec 2022
Boyan Jovanovic and Peter L. Rousseau
New York University - Department of Economics and Vanderbilt University - Department of Economics
Downloads 76 (671,788)

Abstract:

Loading...

31.

Moore's Law and Learning-by-Doing

NBER Working Paper No. w8762
Number of pages: 31 Posted: 02 Feb 2002 Last Revised: 03 Feb 2015
Boyan Jovanovic and Peter L. Rousseau
New York University - Department of Economics and Vanderbilt University - Department of Economics
Downloads 74 (681,713)

Abstract:

Loading...

32.

Politics on the Road to the U.S. Monetary Union

Number of pages: 31 Posted: 26 Feb 2013
Peter L. Rousseau
Vanderbilt University - Department of Economics
Downloads 71 (697,510)
Citation 1

Abstract:

Loading...

colonial currency, Bank of the United States, Jacksonian monetary policy, free banking, National Banking System, Federal Reserve System

33.

Extensive and Intensive Investment Over the Business Cycle

NBER Working Paper No. w14960
Number of pages: 29 Posted: 19 May 2009 Last Revised: 18 Nov 2022
Boyan Jovanovic and Peter L. Rousseau
New York University - Department of Economics and Vanderbilt University - Department of Economics
Downloads 70 (702,854)
Citation 3

Abstract:

Loading...

34.

Correspondent Banking, Systematic Risk, and the Panic of 1893

Number of pages: 25 Posted: 20 May 2022
Christopher Cotter and Peter L. Rousseau
Oberlin College and Vanderbilt University - Department of Economics
Downloads 68 (713,864)

Abstract:

Loading...

Interbank networks, correspondent banking, the Panic of 1893, bank contagion

35.

Credit Buildups and the Stock Market in Four East Asian Economies

Number of pages: 31 Posted: 21 Jun 2011
Peter L. Rousseau and Jong-Hun Kim
Vanderbilt University - Department of Economics and Vanderbilt University - College of Arts and Science - Department of Economics
Downloads 66 (725,434)
Citation 1

Abstract:

Loading...

credit saturation, finance and growth, East Asian financial crisis

36.

Historical Evidence on the Finance-Trade-Growth Nexus

NBER Working Paper No. w17024
Number of pages: 25 Posted: 09 May 2011 Last Revised: 09 Jul 2023
Michael D. Bordo and Peter L. Rousseau
Rutgers University, New Brunswick - Department of Economics and Vanderbilt University - Department of Economics
Downloads 65 (731,161)
Citation 1

Abstract:

Loading...

37.

Legal-Political Factors and the Historical Evolution of the Finance-Growth Link

NBER Working Paper No. w12035
Number of pages: 33 Posted: 04 May 2006 Last Revised: 22 May 2022
Michael D. Bordo and Peter L. Rousseau
Rutgers University, New Brunswick - Department of Economics and Vanderbilt University - Department of Economics
Downloads 57 (781,268)
Citation 4

Abstract:

Loading...

38.

Share Liquidity and Industrial Growth in an Emerging Market: the Case of New England, 1854-1897

NBER Working Paper No. h0117
Number of pages: 44 Posted: 08 May 2000 Last Revised: 29 Apr 2023
Peter L. Rousseau
Vanderbilt University - Department of Economics
Downloads 57 (781,268)

Abstract:

Loading...

39.

Private Equity and Growth

NBER Working Paper No. w28030
Number of pages: 54 Posted: 02 Nov 2020 Last Revised: 02 Feb 2023
Boyan Jovanovic, Sai Ma and Peter L. Rousseau
New York University - Department of Economics, Board of Governors of the Federal Reserve System and Vanderbilt University - Department of Economics
Downloads 52 (816,740)

Abstract:

Loading...

40.

Banks, Free Banks, and U.S. Economic Growth

NBER Working Paper No. w18021
Number of pages: 39 Posted: 28 Apr 2012 Last Revised: 30 Mar 2023
Matthew Jaremski and Peter L. Rousseau
Utah State University - Huntsman School of Business and Vanderbilt University - Department of Economics
Downloads 52 (816,740)
Citation 4

Abstract:

Loading...

41.

Monetary Policy and the Dollar

NBER Working Paper No. w14993
Number of pages: 42 Posted: 26 May 2009 Last Revised: 21 Dec 2022
Peter L. Rousseau
Vanderbilt University - Department of Economics
Downloads 51 (824,283)
Citation 1

Abstract:

Loading...

42.

American Banking and the Transportation Revolution Before the Civil War

NBER Working Paper No. w20198
Number of pages: 60 Posted: 11 Jun 2014 Last Revised: 11 Mar 2023
Jeremy Atack, Matthew Jaremski and Peter L. Rousseau
Vanderbilt University - College of Arts and Science - Department of Economics, Utah State University - Huntsman School of Business and Vanderbilt University - Department of Economics
Downloads 49 (839,552)
Citation 2

Abstract:

Loading...

43.

Backing, the Quantity Theory, and the Transition to the U.S. Dollar, 1723-1850

NBER Working Paper No. w12835
Number of pages: 12 Posted: 20 Jan 2007 Last Revised: 29 Jul 2022
Peter L. Rousseau
Vanderbilt University - Department of Economics
Downloads 49 (839,552)
Citation 2

Abstract:

Loading...

44.

The Market for Bank Stocks and the Rise of Deposit Banking in New York City, 1866-1897

NBER Working Paper No. w15770
Number of pages: 33 Posted: 22 Feb 2010 Last Revised: 03 Feb 2023
Peter L. Rousseau
Vanderbilt University - Department of Economics
Downloads 44 (881,030)
Citation 1

Abstract:

Loading...

45.

Business Activity and the Boston Stock Market, 1835-1869

NBER Working Paper No. h0103
Number of pages: 55 Posted: 20 Jul 2000 Last Revised: 15 Apr 2023
Jeremy Atack and Peter L. Rousseau
Vanderbilt University - College of Arts and Science - Department of Economics and Vanderbilt University - Department of Economics
Downloads 44 (881,030)
Citation 2

Abstract:

Loading...

46.

Specific Capital and Technological Variety

NBER Working Paper No. w13998
Number of pages: 29 Posted: 16 May 2008 Last Revised: 02 Oct 2022
Boyan Jovanovic and Peter L. Rousseau
New York University - Department of Economics and Vanderbilt University - Department of Economics
Downloads 40 (916,809)

Abstract:

Loading...

47.

The Dawn of an ‘Age of Deposits’ in the United States

NBER Working Paper No. w21503
Number of pages: 39 Posted: 31 Aug 2015 Last Revised: 03 Apr 2023
Matthew Jaremski and Peter L. Rousseau
Utah State University - Huntsman School of Business and Vanderbilt University - Department of Economics
Downloads 37 (945,609)
Citation 1

Abstract:

Loading...

48.

Government, Openness and Finance: Past and Present

NBER Working Paper No. w16462
Number of pages: 28 Posted: 18 Oct 2010 Last Revised: 26 Jun 2022
Panicos Demetriadis and Peter L. Rousseau
affiliation not provided to SSRN and Vanderbilt University - Department of Economics
Downloads 35 (965,509)

Abstract:

Loading...

49.

Did Railroads Make Antebellum U.S. Banks More Sound?

NBER Working Paper No. w20032
Number of pages: 40 Posted: 14 Apr 2014 Last Revised: 27 Mar 2023
Jeremy Atack, Matthew Jaremski and Peter L. Rousseau
Vanderbilt University - College of Arts and Science - Department of Economics, Utah State University - Huntsman School of Business and Vanderbilt University - Department of Economics
Downloads 34 (975,655)
Citation 1

Abstract:

Loading...

50.

The Permanent Effects of Innovation on Financial Depth: Theory and U.S. Historical Evidence from Unobservable Components Models

Journal of Monetary Economics, Vol. 42, No. 2, October 1998
Posted: 19 Sep 1998
Peter L. Rousseau
Vanderbilt University - Department of Economics

Abstract:

Loading...

51.

Financial Intermediation and Economic Performance: Historical Evidence from Five Industrialized Countries

Journal of Money, Credit and Banking, Vol. 30, No. 3, Part 2 (November 1998)
Posted: 13 Apr 1998
Peter L. Rousseau and Paul Wachtel
Vanderbilt University - Department of Economics and New York University - Stern School of Business

Abstract:

Loading...