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

SCHOLARLY PAPERS

49

DOWNLOADS
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in Total Papers Downloads

6,970

CITATIONS
Rank 1,024

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Top 1,024

in Total Papers Citations

531

Scholarly Papers (49)

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 HEC Paris - Finance Department
Downloads 1,204 (5,859)

Abstract:

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

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 587 (37,207)
Citation 12

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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 134 (184,078)
Citation 11

Abstract:

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

3.
Downloads 606 ( 36,187)
Citation 14

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 606 (35,653)
Citation 14

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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

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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 187 (137,846)
Citation 24

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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 164 (155,182)
Citation 24

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

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

Economic Inquiry, Vol. 49, No. 1, pp. 276-288, 2011
Number of pages: 13 Posted: 12 Jan 2011
Peter L. Rousseau and Paul Wachtel
Vanderbilt University - Department of Economics and New York University - Stern School of Business
Downloads 3 (567,348)
Citation 24
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5.

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 306 (55,824)
Citation 2

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interlocking directorates, board networks, social networks, corporate governance

Inflation, Financial Development, and Growth: A Trilateral Analysis

Number of pages: 28 Posted: 13 Jul 2007 Last Revised: 24 Mar 2009
Peter L. Rousseau and Hakan Yilmazkuday
Vanderbilt University - Department of Economics and Florida International University (FIU) - Department of Economics
Downloads 293 (87,125)
Citation 11

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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

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

7.

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 247 (98,826)
Citation 1

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state owned enterprises, profitability, event study

8.

The Q-Theory of Mergers

NBER Working Paper No. w8740
Number of pages: 15 Posted: 24 Jan 2002
Boyan Jovanovic and Peter L. Rousseau
New York University - Department of Economics and Vanderbilt University - Department of Economics
Downloads 243 (88,296)
Citation 107

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9.
Downloads 208 (124,873)
Citation 33

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 208 (124,528)
Citation 33

Abstract:

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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:

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

10.

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 189 (127,187)
Citation 4

Abstract:

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

11.

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 136 (178,238)
Citation 1

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

12.

Financial Systems, Economic Growth, and Globalization

NBER Working Paper No. w8323
Number of pages: 53 Posted: 15 Jun 2001 Last Revised: 19 Mar 2002
Peter L. Rousseau and Richard Sylla
Vanderbilt University - Department of Economics and New York University - Stern School of Business, Department of Economics
Downloads 129 (179,271)
Citation 57

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13.

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 95 (234,607)
Citation 1

Abstract:

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

14.

General Purpose Technologies

NBER Working Paper No. w11093
Number of pages: 53 Posted: 23 Feb 2005 Last Revised: 20 Feb 2015
Boyan Jovanovic and Peter L. Rousseau
New York University - Department of Economics and Vanderbilt University - Department of Economics
Downloads 72 (267,214)
Citation 38

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15.

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 Centre for Monetary and Financial Studies
Downloads 69 (267,214)

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

16.

Mergers as Reallocation

NBER Working Paper No. w9279
Number of pages: 27 Posted: 19 Oct 2002 Last Revised: 27 Jun 2012
Boyan Jovanovic and Peter L. Rousseau
New York University - Department of Economics and Vanderbilt University - Department of Economics
Downloads 66 (279,834)
Citation 35

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17.

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: 15 Oct 2010
Peter L. Rousseau
Vanderbilt University - Department of Economics
Downloads 61 (305,773)
Citation 11

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18.

Historical Perspectives on Financial Development and Economic Growth

NBER Working Paper No. w9333
Number of pages: 49 Posted: 25 Nov 2002
Peter L. Rousseau
Vanderbilt University - Department of Economics
Downloads 58 (295,831)
Citation 21

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19.

Why Wait? a Century of Life Before IPO

NBER Working Paper No. w8081
Number of pages: 16 Posted: 13 Jan 2001 Last Revised: 20 Oct 2010
Boyan Jovanovic and Peter L. Rousseau
New York University - Department of Economics and Vanderbilt University - Department of Economics
Downloads 56 (318,901)
Citation 45

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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 46 (354,513)

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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: 28 Sep 2010
Peter L. Rousseau and Caleb Stroup
Vanderbilt University - Department of Economics and Davidson College
Downloads 7 (545,578)

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21.

Vintage Organization Capital

NBER Working Paper No. w8166
Number of pages: 33 Posted: 16 Mar 2001 Last Revised: 05 Oct 2001
Boyan Jovanovic and Peter L. Rousseau
New York University - Department of Economics and Vanderbilt University - Department of Economics
Downloads 50 (318,901)
Citation 14

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22.

Emerging Financial Markets and Early U.S. Growth

NBER Working Paper No. w7448
Number of pages: 56 Posted: 05 Nov 1999 Last Revised: 24 Oct 2014
Peter L. Rousseau and Richard Sylla
Vanderbilt University - Department of Economics and New York University - Stern School of Business, Department of Economics
Downloads 43 (339,212)
Citation 36

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23.

Moore's Law and Learning-by-Doing

NBER Working Paper No. w8762
Number of pages: 31 Posted: 02 Feb 2002
Boyan Jovanovic and Peter L. Rousseau
New York University - Department of Economics and Vanderbilt University - Department of Economics
Downloads 42 (354,600)
Citation 8

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24.

Interest Rates and Initial Public Offerings

NBER Working Paper No. w10298
Number of pages: 24 Posted: 17 Feb 2004 Last Revised: 23 Aug 2010
Boyan Jovanovic and Peter L. Rousseau
New York University - Department of Economics and Vanderbilt University - Department of Economics
Downloads 41 (354,600)
Citation 3

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25.

Liquidity Effects in the Bond Market

NBER Working Paper No. w8597
Number of pages: 41 Posted: 17 Nov 2001
Boyan Jovanovic and Peter L. Rousseau
New York University - Department of Economics and Vanderbilt University - Department of Economics
Downloads 39 (351,453)
Citation 5

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26.

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 37 (354,600)
Citation 1

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27.

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
Peter L. Rousseau
Vanderbilt University - Department of Economics
Downloads 34 (371,666)
Citation 3

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28.

Historical Evidence on the Finance-Trade-Growth Nexus

NBER Working Paper No. w17024
Number of pages: 25 Posted: 09 May 2011
Michael D. Bordo and Peter L. Rousseau
Harvard University - Department of Economics and Vanderbilt University - Department of Economics
Downloads 30 (382,447)
Citation 1

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29.

Extensive and Intensive Investment Over the Business Cycle

NBER Working Paper No. w14960
Number of pages: 29 Posted: 19 May 2009 Last Revised: 30 Oct 2010
Boyan Jovanovic and Peter L. Rousseau
New York University - Department of Economics and Vanderbilt University - Department of Economics
Downloads 26 (397,979)
Citation 6

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30.

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 2010
Peter L. Rousseau
Vanderbilt University - Department of Economics
Downloads 26 (424,634)
Citation 2

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31.

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: 09 May 2000
Peter L. Rousseau
Vanderbilt University - Department of Economics
Downloads 26 (401,991)
Citation 3

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32.

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: 02 Jul 2009
Michael D. Bordo and Peter L. Rousseau
Harvard University - Department of Economics and Vanderbilt University - Department of Economics
Downloads 25 (410,682)
Citation 18

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33.

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 24 (401,991)

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credit saturation, finance and growth, East Asian financial crisis

34.

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 22 (364,591)

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

35.

Business Activity and the Boston Stock Market, 1835-1869

NBER Working Paper No. h0103
Number of pages: 55 Posted: 20 Jul 2000
Jeremy Atack and Peter L. Rousseau
Vanderbilt University - College of Arts and Science - Department of Economics and Vanderbilt University - Department of Economics
Downloads 19 (439,753)
Citation 3

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

NBER Working Paper No. w18021
Number of pages: 39 Posted: 28 Apr 2012
Matthew Jaremski and Peter L. Rousseau
Colgate University and Vanderbilt University - Department of Economics
Downloads 17 (488,615)

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

Economic Inquiry, Vol. 51, Issue 2, pp. 1603-1621, 2013
Number of pages: 19 Posted: 27 Feb 2013
Matthew Jaremski and Peter L. Rousseau
Colgate University and Vanderbilt University - Department of Economics
Downloads 1 (587,682)
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37.

Monetary Policy and the Dollar

NBER Working Paper No. w14993
Number of pages: 42 Posted: 26 May 2009
Peter L. Rousseau
Vanderbilt University - Department of Economics
Downloads 18 (455,471)
Citation 2

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38.

The Wealth of Nations Rediscovered: Integration and Expansion in American Financial Markets 1780-1850

Economic Journal, Vol. 114, pp. F350-F352, June 2004
Number of pages: 3 Posted: 02 Jul 2004
Peter L. Rousseau
Vanderbilt University - Department of Economics
Downloads 16 (476,356)
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39.

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: 06 Aug 2010
Peter L. Rousseau
Vanderbilt University - Department of Economics
Downloads 11 (486,831)
Citation 1

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40.

Government, Openness and Finance: Past and Present

NBER Working Paper No. w16462
Number of pages: 28 Posted: 18 Oct 2010
Panicos Demetriadis and Peter L. Rousseau
affiliation not provided to SSRN and Vanderbilt University - Department of Economics
Downloads 10 (491,919)

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41.

Specific Capital and Technological Variety

NBER Working Paper No. w13998
Number of pages: 29 Posted: 16 May 2008
Boyan Jovanovic and Peter L. Rousseau
New York University - Department of Economics and Vanderbilt University - Department of Economics
Downloads 6 (502,327)
Citation 2

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42.

American Banking and the Transportation Revolution Before the Civil War

NBER Working Paper No. w20198
Number of pages: 60 Posted: 11 Jun 2014
Jeremy Atack, Matthew Jaremski and Peter L. Rousseau
Vanderbilt University - College of Arts and Science - Department of Economics, Colgate University and Vanderbilt University - Department of Economics
Downloads 5 (531,331)

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43.

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

NBER Working Paper No. w21503
Number of pages: 39 Posted: 31 Aug 2015
Matthew Jaremski and Peter L. Rousseau
Colgate University and Vanderbilt University - Department of Economics
Downloads 4 (502,327)
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44.

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

NBER Working Paper No. w20032
Number of pages: 40 Posted: 14 Apr 2014
Jeremy Atack, Matthew Jaremski and Peter L. Rousseau
Vanderbilt University - College of Arts and Science - Department of Economics, Colgate University and Vanderbilt University - Department of Economics
Downloads 4 (536,044)

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45.

Government, Openness and Finance: Past and Present

The Manchester School, Vol. 79, pp. 98-115, 2011
Number of pages: 18 Posted: 02 Sep 2011
Panicos Demetriades and Peter L. Rousseau
University of Leicester - Department of Economics and Vanderbilt University - Department of Economics
Downloads 3 (541,264)
Citation 2
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46.

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 Centre for Monetary and Financial Studies and Vanderbilt University - Department of Economics
Downloads 0 (284,310)

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

47.

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 0 (406,331)

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

48.

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

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49.

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

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