Selected Articles in Refereed Journals

“Capital, Labor, and the Firm: A Study of German Codetermination,” with Gary Gorton, Journal of the European Economic Association 2 (2004), 863-905

“Pricing and Dividend Policies in Open Credit Unions,” with Bill Emmons, Journal of Institutional and Theoretical Economics 158 (2002), 234-255

“Universal Banking and the Performance of German Firms,” with Gary Gorton, Journal of Financial Economics 58 (2000), 29‑80

“Corporate Governance, Ownership Dispersion, and Efficiency: Empirical Evidence from Austrian Cooperative Banking,” with Gary Gorton, Journal of Corporate Finance 5 (1999), 119-140

Federal Reserve Bank of St. Louis Review

“Macroeconomic News and Real Interest Rates,” with Kevin Kliesen, 88(2) (2006), 133-144

“Stock Return and Interest Rate Risk at Fannie Mae and Freddie Mac,” 87(1) (2005), 35-48

“Monetary Policy Actions, Macroeconomic Data Releases, and Inflation Expectations,” with Kevin Kliesen, 86(3) (2004), 9-22

“Asset Mispricing, Arbitrage, and Volatility,” with Bill Emmons, 84(6) (2002), 19-28

“Voting Rights, Private Benefits, and Takeovers,” 84(1) (2002), 35-46

“Equity Financing of the Entrepreneurial Firm,” 83(6) (2001), 15-27

“Membership Structure, Competition and Occupational Credit Union Deposit Rates,” with Bill Emmons, 83(1) (2001), 41-50

“Bank Competition and Concentration: Do Credit Unions Matter?”, with Bill Emmons, 82(3) (2000), 29-42

“The Asian Crisis and the Exposure of Large US Firms,” with Bill Emmons, 82(1) (2000), 15-34

“Credit Unions and the Common Bond,” with Bill Emmons, 81(5) (1999), 41-64

“Wages and Risk-Taking in Occupational Credit Unions: Theory and Evidence,” with Bill Emmons, 81(2) (1999), 13-31

“Universal Banking, Control Rights, and Corporate Finance in Germany,” with Bill Emmons, 80(4) (1998), 19-42

Selected Publications in Edited Volumes

“Mergers and Acquisitions in Germany: Social Setting and Regulatory Framework,” with Mark Wahrenburg, in: Jan Pieter Krahnen and Reinhard H. Schmidt (eds.), The German Financial System, Oxford (U.K.): Oxford University Press (2004), 261-287

Selected Actuarial Publications

“The Impact of Physician Fee Schedule Changes in Workers Compensation: Evidence From 31 States,” with Nathan Lord, National Council on Compensation Insurance, 2013

“Loss Cost Components and Industrial Structure,” Casualty Actuarial Society E-Forum, Spring 2013 (1), 1-20

“The Impact of Physician Fee Schedule Introductions in Workers Compensation: An Event Study,” with Nathan Lord, Casualty Actuarial Society E-Forum, Spring 2013 (1), 1-36

“The Workers Compensation Tails,” Casualty Actuarial Society Variance 6(1) (2012), 48-77

“Indemnity Benefit Duration, Maximum Weekly Benefits, and Claim Attributes,” Casualty Actuarial Society E-Forum, Winter 2011 (2), 1-35

“Workplace Injuries and Job Flows,” Social Sciences Research Network (SSRN), 2009