Publications

The Decision to access the Public Bond Market: The role of Reputation, Funding Choices and Lending Relationships  
With Galina Hale
Journal of Banking and Finance, 32, 2008
1928-1940

Bank loans, bonds, and information monopolies across the business cycle  
With Andrew Winton
Journal of Finance 63(3), 2008
1315-1359

Do Banks Price their Informational Monopoly?
With Galina Hale
Journal of Financial Economics, Forthcoming

Trends in Financial Market Concentration and their Implications for Market Stability  
With Nicola Cetorelli, Beverly Hirtle, Donald Morgan, and Stavros Peristiani
Federal Reserve Bank of New York Economic Review 13(1), 2007
33-51

Who Should Act as Lender of Last Resort? An Incomplete Contracts Model: A Comment
With Charlie Kahn
Journal of Money Credit and Banking 38(4), 2006
1111-1118

Insuring Banks Against Liquidity Shocks: The Role of Deposit Insurance and Lending of Last Resort  
Journal of Economic Surveys 20(3), 2006
459-482

Identifying the Effect of Managerial Control on Firm Performance  
With Renee B. Adams
Journal of Accounting and Economics 41, 2006
55-85

Why Firm Access to the Bond Market Differs over the Business Cycle: A Theory and Some Evidence  
Journal of Banking and Finance 30(10), 2006
2715-2736

The American Keiretsu and Universal Banks: Investing, Voting and Sitting on Nonfinancials Corporate Boards 
With Adrienne Rumble
Journal of Financial Economics 80, 2006
419-454

Allocating Bank Regulatory Powers: Lender of Last Resort, Deposit Insurance and Supervision  
With Charlie Kahn
European Economic Review 49(8), 2005
2107-2136

Banking and Commerce: A Liquidity Approach  
With Joseph Haubrich
Journal of Banking and Finance 29(2), 2005
271-294

Allocating the Lender of Last Resort and Supervision in the Euro Area  
With Charlie Kahn
Monetary Union: Why, How, and What Follows? V. Alexander, J. Melitz and G. M. von Furstenberg eds., chapter 19, Oxford University Press, London

Alternative Forms of Mixing Banking with Commerce: Evidence from American History  
With Joseph Haubrich
Financial Markets, Institutions and Instruments, 12(2), 2003
121-164

The Paradox of Priority  
With Stanley Longhofer
Financial Management 32(1), 2003
69-81

Switching from Single to Multiple Bank-Lending Relationships: Determinants and Implications  
With Luisa Farinha
Journal of Financial Intermediation, 11 (2), 2002
124-151

O Euro e o Sistema Financeiro da Zona Euro
Cadernos do Mercado de Valores Mobiliarios, 10, 2001
119-134

Bank Capital Regulation: What Will Change with The New Basel Accord?
Forthcoming in, Nao Ha Nada Mais Pratico Que Uma Boa Teoria: Ensaios Em Homenagem Do Professor Manuel Baganha, Alberto de Castro and Luisa Anacoreta Correia eds, Universidade Catolica Editora, Lisbon.

The Regulation of Bank Capital: A Review of the Theoretical Literature  
Financial Markets, Institutions and Instruments, 10(2), 2001
41-84

Bank of England in Central Banking Theory
International Encyclopedia of Business and Management, 2nd edition, volume 1, Accounting to Coase, Malcolm Warner ed, Thomson Learning, London, 2001
342-352

The Importance of Bank Seniority for Relationship Lending  
With Stanley Longhofer
Journal of Financial Intermediation, 9, 2000
57-89

Comments on "Restructuring Bank Regulation: Conflicts of Interest, Stability, and Universal Banking" (by Randall S. Kroszner) and on "Capital Regulation and Depository Institutions," (by Cara S. Lown, Stavros Peristiani and Kenneth J. Bobinson)
Restructuring Regulation and Financial Institutions, James R. Barth, R. D. Brumbaugh & Glenn Yago eds., Milken Institute Press, Santa Monica, California, 2000
87-95

Bank Capital and Equity Investment Regulations
Journal of Banking and Finance, 23(7), 1999
1095-1120

Banking and Commerce: How does the United States Compare to other Countries?  
Federal Reserve Bank of Cleveland Economic Review, 34(4), 14-26, 1998
13 pages / 89 kb

Commercial Banks in the Securities Business: A Review
Journal of Financial Services Research, 14(1), 35-59, 1998
See also ››
Reprinted in Chinese in the Investment Order Review 1(2), (Explorations into the Evolution of Financial Systems), 165-195

Securities Activities in Banking Conglomerates: Should Their Location Be Regulated?
Cato Journal, 18(1), 1998
93-117

The Dynamics of the Banking Consolidation Impact on Small Business Lending
With Ben Craig
Proceedings to the Bank Structure Conference of the Federal Reserve Bank of Chicago, 1998
569-588

Debt and Equity as Optimal Contracts
Journal of Corporate Finance, 3, 1997
355-366

The Risk Effects of Bank Acquisitions   
With Ben R. Craig
Federal Reserve Bank of Cleveland Economic Review, 33(2), 25-35, 1997
11 pages / 93 kb

The Dark Side of Liquidity   
With Joseph H. Haubrich
Federal Reserve Bank of Cleveland Economic Commentary, September 15, 1997

Glass Steagall and the Regulatory Dialectic  
Federal Reserve Bank of Cleveland Economic Commentary, February 15, 1996
See also ››
Reprinted in the 1997, Readings to accompany The Economics of Money, Banking, and Financial Markets, 4th edition, James W. Eaton & Frederic S. Miskin eds., Addison-Wesley, Massachusetts, reading 20, 155-162

Joao Santos's CV

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.