Donald P. Morgan

Donald Morgan

Financial Research Advisor
Banking Studies
Federal Reserve Bank of New York
33 Liberty Street
New York, NY 10045

don.morgan@ny.frb.org

   
Climate-Related Financial Stability Risks for the United States: Methods and Applications
With Celso Brunetti, Matteo Crosignani, Benjamin Dennis, Gurubala Kotta, Chaehee Shin, and Ilknur Zer
Federal Reserve Bank of New York Economic Policy Review, Volume 30 Number 1, October 2024

The Main Street Lending Program
With David Arseneau, José Fillat, Molly Mahar, and Skander Van den Heuvel
Federal Reserve Bank of New York Economic Policy Review, Volume 28 Number 1, June 2022

Bank Leverage Limits and Regulatory Arbitrage: Old Question, New Evidence
With Dong Beom and Michael J. Holcomb
Journal of Money, Credit, and Banking Forthcoming
Available as Federal Reserve Bank of New York Staff Reports 856, June 2018 Revised December 2019

The Costs and Benefits of Bank Capital—A Review of the Literature
With Birn, de Bandt, Firestone, Girault, Hancock, Krogh, Mio, Palvia, Scalone, Straughan, Uluc, von Hafften, and Warusawitharana
Journal of Risk and Financial Management, April 2020, Volume 13, Number 4

The Benefits and Costs of Geographic Diversification in Banking
With Céline Meslier, Katherine Samolyk, Amine Tarazi
Journal of International Money and Finance, Volume 69, December 2016, Pages 287-317

Competition in a Consumer Loan Market: Payday Loans and Overdraft Credit
With Brian Melzer
Journal of Financial Intermediation, January 2015, Volume 24, Number 1

Piggy Banks: Financial Intermediaries as a Commitment to Save PDF
Journal of Financial Services Research, Forthcoming

The Information Value of the Stress Test
With Stavros Peristiani and Vanessa Savino
Journal of Money, Credit and Banking, October 2014, Volume 46, Issue 7, pages 1479–1500

The Role of Bank Credit Enhancements in Securitization
With Benjamin Mandel and Chenyang Wei
Federal Reserve Bank of New York Economic Policy Review, July 2012, Volume 18, Number 2

Payday Credit Access, Overdrafts, and Other Outcomes PDF
With Michael R. Strain and Ihab Seblani
Journal of Money, Credit, and Banking, Forthcoming

Subprime Foreclosures and the 2005 Bankruptcy Reform
Federal Reserve Bank of New York Economic Policy Review, Forthcoming

Discussion of: Bank's Financial Conditions and the Transmission of Monetary Policy A FAVAR Approach
Forthcoming, Coference Volume

The Credit Cycle and the Business Cycle: New Findings Using the Loan Officer Opinion Survey PDF
With Cara Lown
Journal of Money, Credit and Banking, September 2006
24 pages / 604 kb
See also ››
Standards Data

Local or State? Evidence on Bank Market Size Using Branch Prices
With Paul Edelstein
Federal Reserve Bank of New York Economic Policy Review, May 2006, vol. 12 no. 1

Bank Integration and State Business Cycles PDF
With Bertrand Rime and Philip E. Strahan
The Quarterly Journal of Economics, November 2004

Using Loan Rates to Measure and Regulate Bank Risk: Findings and an Immodest ProposalPDF
With Adam Ashcraft
Journal of Financial Services Research, October 2003
20 pages / 190 kb

Rating Banks: Risk and Uncertainty in an Opaque Industry
American Economic Review, September 2002
Read the full text in American Economic Association ››

Credit Effects in the Monetary Mechanism PDF
With Cara Lown
Federal Reserve Bank of New York Economic Policy Review, March 2002, vol. 8 no. 1, Pages 19

Market Discipline of Banks: The Asset Test
Journal of Financial Services Research,2001
Read the full text in Springer Link ››

Listening to Loan Officers: Commercial Credit Standards, Lending, and OutputPDF
With Cara Lown and Sonali Rohatgi
Federal Reserve Bank of New York Economic Policy Review, July 2000
16 pages / 151 kb

Capital Market Frictions and Deposit Constraints at Banks
With Jith Jayaratne
Journal of Money Credit and Banking, February 2000
Read the full text in JSTOR ››

Meet the New BorrowersPDF
With Sandra Black
Federal Reserve Bank of New York Current Issues in Economics and Finance, February 1999
6 pages / 60 kb

The Credit Effects of Monetary Policy: Evidence Using Loan Commitments PDF
Journal of Money Credit and Banking, February 1998
Read the full text in JSTOR ››

Bad Debt Rising
With Ian Toll
Federal Reserve Bank of New York Current Issues in Economics and Finance, March 1997

Financial contracts when costs and returns are private
Journal of Monetary Economics,February 1993
Read the full text from ScienceDirect ››

Donald Morgan's CVPDF

The views expressed in the papers listed on this page are those of the author(s) and do not necessarily reflect the position of the Federal Reserve Bank of New York or the Federal Reserve System.
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