Conference Paper
Scale economies at payday loan stores
Samolyk, Katherine A.; Flannery, Mark J. (2007)
Proceedings , Paper 1039

Conference Paper
Payday lending: do the costs justify the price?
Samolyk, Katherine A.; Flannery, Mark J. (2005)
Proceedings , Paper 949

Report
Piggy banks: financial intermediaries as a commitment to save
Samolyk, Katherine A.; Morgan, Donald P. (1998)
Savers with uncertain life spans cannot stick to long-term investment plans when they invest directly in liquid assets. Before horizons are known, all savers will plan to roll over their short-term assets if returns turn out high. Ex post, the short-term investors will consume their liquid assets rather than reinvest them. Delegating investment decisions to an intermediary reduces the commitment problem, and leads to more efficient portfolios. The higher return to savings should also increase savings rates.
Staff Reports , Paper 50

Journal Article
In search of the elusive credit view: testing for a credit channel in modern Great Britain
Samolyk, Katherine A. (1990-04)
An examination of the credit performance of the financial sector in the modern British economy, showing that problems in credit markets associated with debt and default/liquidation can disrupt the production of real financial services necessary to channel funds to efficient investment opportunities.
Economic Review , Volume 26 , Issue Q II , Pages 16-28

Conference Paper
The impact of bank consolidation on CRA business lending
Richardson, Christopher A.; Samolyk, Katherine A. (2001)
Proceedings , Paper 771

Journal Article
The M2 slowdown and depository intermediation: implications for monetary policy
Samolyk, Katherine A.; Carlson, John B. (1992-09)
An examination of credit flow rechanneling away from depository institutions over the past decade in response to evolving financial markets and regulatory structure, and a discussion of how this trend has complicated monetary policymaking.
Economic Commentary , Issue Sep

Journal Article
Financial fragility and regional economic growth
Samolyk, Katherine A.; Humes, Rebecca Wetmore (1991-09)
An examination of the potential link between local financial problems and regional economic growth, discussing how the health of the financial sector can affect economic performance when credit markets are segmented along regional lines.
Economic Commentary , Issue Sep

Journal Article
Securitization: more than just a regulatory artifact
Samolyk, Katherine A.; Carlstrom, Charles T. (1992-05)
An exploration of the recent boom in asset-backed lending, or securitization, by both financial institutions and nonbank firms, which the authors contend is more the result of improvements in information technology than a response to the regulatory costs of traditional bank funding.
Economic Commentary , Issue May

Journal Article
Banking and the flow of funds: are banks losing market share?
Samolyk, Katherine A. (1994-09)
A look at both the reported decline in the share of nonfinancial-sector credit intermediated by banks and the consolidation of the industry into fewer, but larger, institutions, revealing that banks today account for nearly the same share of outstanding household and nonfinancial business-sector debt as they did 30 years ago.
Economic Commentary , Issue Sep

Working Paper
Loan sales as a response to market-based capital constraints
Samolyk, Katherine A.; Carlstrom, Charles T. (1993)
A model of bank asset sales in which information asymmetries create the incentive for unregulated banks to originate and sell loans to other banks, rather than fund them with deposit liabilities. Private information implies that bankers can fund local loans only to the extent that their capital can absorb potential losses. Loan sales are effectively a means of employing nonlocal bank capital to support local investments.
Working Papers (Old Series) , Paper 9313