Journal Article
The housing giants in plain view
Yeager, Timothy J.; Vaughan, Mark D.; Emmons, William R. (2004-07)
These government-sponsored enterprises continue to make headlines because of their explosive growth and resulting heavyweight status within the nation's financial system.
The Regional Economist , Issue Jul , Pages 4-9

Journal Article
Rules vs. discretion: the wrong choice could open the floodgates
Buol, Jason J.; Vaughan, Mark D. (2003-01)
Anyone who sets any kind of policy can appreciate the dilemma that faces those trying to prevent construction in floodplains: Is it better to stick to the rules-no matter how harsh-or to exercise discretion under certain circumstances?
The Regional Economist , Issue Jan , Pages 10-11

Journal Article
Jumbo CDs play tiny role in policing risky banks ... so far
Vaughan, Mark D.; Meyer, Andrew P.; King, Thomas B.; Hall, John R. (2002-07)
Reforms enacted after the S&L crisis have yet to persuade holders of jumbo CDs to monitor their banks' risky practices.
The Regional Economist , Issue Jul. , Pages 12-13

Journal Article
Is federal home loan bank funding a risky business for the FDIC?
Stojanovic, Dusan; Yeager, Timothy J.; Vaughan, Mark D. (2000-10)
Easy access to FHLB funds has helped community banks stay afloat in today's competitive markets, but could pose a risk to the FDIC's insurance fund.
The Regional Economist , Issue Oct , Pages 4-9

Journal Article
Deposit insurance reform
Wheelock, David C.; Vaughan, Mark D. (2002-10)
In the cover story, find out why some bankers are encouraging Congress to raise the ceiling for insurance on deposits to $130,000 from $100,000 per account. Opponents point out that in the wake of the last increase, the S&L crisis occurred.
The Regional Economist , Issue Oct. , Pages 4-9

Journal Article
The two faces of banking : traditional loans and deposits vs. complex brokerage and derivative services
Poposka, Klimentina; Yeager, Timothy J.; Vaughan, Mark D. (2004-10)
The Regional Economist , Issue Oct

Working Paper
Dividends, stock repurchases and signaling: evidence from U.S. panel data
Vaughan, Mark D.; Williams, Michael G. (1998)
This paper exploits yearly accounting data from 1977 to 1994 to test the relative signaling power of dividends and net stock repurchases. The specification controls for potential agency cost and asset dissipation effects. Specifically, we regress changes in future income before extraordinary items on changes in dividends, changes in net stock repurchases, and a host of control variables. We also split the sample at 1981 to measure the impact of changes in the relative taxation of distribution methods. For the full twenty-year sample, only dividend changes are correlated with changes in future ...
Supervisory Policy Analysis Working Papers , Paper 1998-01

Journal Article
Navigating the brave new world of bank liquidity
Stackhouse, Julie L.; Vaughan, Mark D. (2003-07)
By traditional measures, liquidity risk for banks is higher today than 10 years ago. But new measures-necessitated by new funding sources-tell another story.
The Regional Economist , Issue Jul , Pages 12-13

Conference Paper
Do Federal Home Loan Bank membership and advances lead to bank risk-taking?
Stojanovic, Dusan; Yeager, Timothy J.; Vaughan, Mark D. (2001)
Proceedings , Paper 707

Journal Article
Yielding clues about recessions: the yield curve as a forecasting tool
Stojanovic, Dusan; Vaughan, Mark D. (1997-10)
It's been used for years as a predictor of future interest rates, but these days, the yield curve is being used to predict recessions.
The Regional Economist , Issue Oct , Pages 10-11