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Author:Keeley, Michael C. 

Journal Article
The regulation of bank entry
Keeley, Michael C. (1985-07)
Economic Review , Issue Sum , Pages 5-13

Working Paper
Deposit insurance, risk, and market power in banking
Keeley, Michael C. (1988)
A fixed-rate deposit insurance system provides a moral hazard for excessive risk taking and is not viable absent regulation. Although the deposit insurance system appears to have worked remarkably well over most of its 50-year history, major problems began to appear in the early 1980s. This paper addresses the puzzle of why major problems began to arise in the early 1980s and not sooner. ; The hypothesis is that increases in competition caused bank charter values to decline, which, in turn, caused banks to- increase default risk through increases. in asset risk and reductions in capital. This ...
Working Papers in Applied Economic Theory , Paper 88-07

Journal Article
Interest checking and M1
Zimmerman, Gary C.; Keeley, Michael C. (1986)
FRBSF Economic Letter

Journal Article
Unemployment vs. employment
Keeley, Michael C. (1984)
FRBSF Economic Letter

Journal Article
States take the lead
Zimmerman, Gary C.; Keeley, Michael C. (1988)
FRBSF Economic Letter

Journal Article
Subordinated debt as bank capital
Furlong, Frederick T.; Keeley, Michael C. (1987)
FRBSF Economic Letter

Journal Article
Competition for money market deposit accounts
Zimmerman, Gary C.; Keeley, Michael C. (1985-04)
Economic Review , Issue Spr , Pages 5-27

Journal Article
Bank regulation and the public interest
Furlong, Frederick T.; Keeley, Michael C. (1986-04)
Economic Review , Issue Spr , Pages 55-71

Journal Article
Capital regulation and bank risk-taking: a note (reprinted from Journal of Banking and Finance)
Furlong, Frederick T.; Keeley, Michael C. (1991-07)
Economic Review , Issue Sum , Pages 34-39

Conference Paper
Competition for MMDAs
Zimmerman, Gary C.; Keeley, Michael C. (1985)
Proceedings , Paper 97

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