Stavros Peristiani

Stavros Peristiani

Assistant Vice President
Financial Intermediation Function
Federal Reserve Bank of New York
33 Liberty Street
New York, NY 10045

Phone (212) 720-7829
Fax (212) 720-1582
steve.peristiani@ny.frb.org

Publications

The Role of Banks in Asset Securitization
With Nicola Cetorelli
Federal Reserve Bank of New York Economic Policy Review, July 2012, Volume 18, Number 2

Financial Visibility and the Decision to Go Private
With Hamid Mehran
Review of Financial Studies,Forthcoming
55 pages / 2571/5/2009 kb

Loan Underpricing and the Provision of Merger Advisory Services
With Linda Allen
Journal of Banking and Finance,December 2007, 31:3539-62
33 pages / 232 kb

Are Bank Shareholders Enemies of Regulators or a Potential Source of Market Discipline?
With Sangkyun Park
Journal of Banking and Finance,August 2007, 31:2493-2515
40 pages / 215 kb

Evaluating the Relative Strength of the U.S. Capital Markets
Current Issues in Economics and Finance,July 2007, 13:1-7

Trends in Financial Market Concentration and their Implications for Market StabilityPDF
With Nicola Cetorelli, Beverly Hirtle, Donald Morgan, Joao Santos
Federal Reserve Bank of New York Economic Policy Review,March 2007, 13:33-51

Financial Sector Weakness and the M2 Velocity Puzzle
With Cara Lown and Kenneth Robinson
Economic Inquiry,2006, 44: 699-715
38 pages / 606 kb

Bank Failures in Mature Economies: The U.S. Case
With Jack Reidhill
Basel Committee on Capital Market Regulation, Working Paper no.13,April 2004
75 pages / 520 kb

Modeling the Instability of Mortgage-Backed Prepayments
Journal of Fixed Income,December 2003, 13:33-41
22 pages / 341 kb

Pre-IPO Financial Performance and Aftermarket Survival
With Gijoon Hong
Unpublished Paper, Federal Reserve Bank of New York,June 2003

The Role of Bank Advisors in Mergers and Acquisitions
With Linda Allen, Julapa Jagtiani, and Anthony Saunders
Journal of Money, Credit, and Banking,April 2004, 36:197-224
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Capital Ratios and Credit Ratings as Predictors of Bank Failures
With Arturo Estrella and Sangkyun Park
Ong, Michael K., Credit Ratings: Methodologies, Rationale and Default Risk, London: Risk Books,2002

Are U.S. Reserve Requirements Still Binding?PDF
With Paul Bennett
Federal Reserve Bank of New York Economic Policy Review,May 2002, 8: 53-68

Structural Change in the Mortgage Market and the Propensity to Refinance
With Paul Bennett and Richard Peach
Journal of Money, Credit, and Banking,November 2001, 8:955-975
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How Much Mortgage Pool Information Do Investors Need?
With Paul Bennet and Richard Peach
Journal of Fixed Income, June 2001, 11: 8-16

Implied Mortgage Refinancing Thresholds
With Paul Bennett and Richard Peach
Real Estate Economics, Fall 2000, 23: 405-434

Capital Ratios and Credit Ratings as Predictors of Bank Failures,PDF
With Arturo Estrella and Sangkyun Park
Federal Reserve Bank of New York Economic Policy Review,July 2000, 6: 33-52

Comment on The Impact of Mergers on Credit Union Service Provision
Journal of Banking and Finance, 1999, 30: 387-390

The Growing Reluctance to Borrow at the Discount Window: An Empirical Investigation
Review of Economics and Statistics, December 1998, 611-620
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Effects of Household Creditworthiness on Mortgage Refinancings
With P. Bennett, G. Monsen, R. Peach, and J. Raif
Journal of Fixed Income,December 1997, 7: 7-21

Market Discipline by Thrift Depositors
With Sankgyun Park
Journal of Money, Credit, and Banking, August 1998, 30: 347-364
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Do Mergers Improve the X-efficiency and Scale Efficiency of U.S. Banks? Evidence from the 1980s
Journal of Money, Credit, and Banking,August 1997, 29: 326-337
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Credit, Equity, and Mortgage Refinancings,PDF
With P. Bennett, Gordon Monsen, Richard Peach, and Jonathan Raif
Federal Reserve Bank of New Yor Economic Policy Review,July 1997, 3: 83-99.

Mutual-to-Stock Conversions in the Thrift Industry in the 1990s
With Thierry Wizman
Journal of Economics and Business,March/April 1997, 49: 95-116

The 1990 Credit Slowdown: Did Large Banks Create the Credit Crunch?
With Cara Lown
Journal of Banking and Finance,December 1996, 20:1673-1694.

An Empirical Investigation of the Determinants of Discount Window Borrowing: A Disaggregate Analysis
Journal of Banking of Finance,January 1994, 18: 183-197.

Margin Requirements, Speculative Trading and Stock Price Fluctuations: The Case of Japan
With Gikas Hardouvelis
Quarterly Journal of Economics,November 1992, 107: 1333-1370.
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A Disaggregate Analysis of Discount Window Borrowing
With Kausar Hamdani
Federal Reserve Bank of New York Quarterly Review,Summer 1991, 15: 52-62

The F-System Distribution as an Alternative to Multivariate Normality: An Application in Multivariate Models with Qualitative Dependent Variables
Communications in Statistics-Theory and Methods,January 1991, 20: 147-164.

The Model Structure of Discount Window Borrowing
Journal of Money, Credit, and Banking,February 1991, 23: 13-34
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The Effect of Mergers on Bank Performance
Studies on Excess Capacity in the Financial Sector, Federal Reserve Bank of New York,March 1993, 89-118

Do Margin Requirements Matter? Evidence from U.S. and Japanese Stock Markets
With Gikas Hardouvelis
Federal Reserve Bank of New York Quarterly Review,Winter 1989-90, 14: 16-35

Bank Size, Collateral and Net Purchase Behavior in the Federal Funds Market: Empirical Evidence
With Linda Allen and Anthony Saunders
Journal of Business,December 1989, 62: 501-515
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Comparisons of the Forecasting Performance of WEFA to ARIMA Time Series Methods
With Phoebus Dhrymes
International Journal of Forecasting,1988, 4: 81-101

The Estimation of a Hedonic Asking and Offer Rent Equation Model: An EM Algorithm Approach
With Jaime Howell
Empirical Economics, 1987, 12: 203-220

The Cross Sectional Linear Time Series Model in the Presence of Qualitative Dependent Variables: An Empirical Application to the Estimation of Vacancy Probabilities
With Jamie Howell
American Statistical Association, Proceedings of Business and Economic Statistics,August 1987 596-601

Non-Normal Multivariate Alternatives in the Estimation of Multivariate Limited Dependent Variable Models
Proceedings of Modeling and Simulation Conference,1987, 18: Part 1 220-227

The Simultaneous Equation Model in the Presence of Discrete Endogenous Variables
American Statistical Association, Proceedings of Business and Economic Statistics,August 1986, 539-544.

The General Linear Structural Econometric Model in the Presence of Limited or Discrete Endogenous Variables
Ph. D. Dissertation Columbia University,1984

Stavros Peristiani's CVPDFThe 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.