Current Working Papers

The Financial Institutions Center’s longstanding Working Papers Series began in 1993 and provides a vehicle for the dissemination of research for experts in multiple disciplines, junior research academics and guest scholars. It not only provides a large research resource but attempts to stimulate professional discussion and exploration of financial topics relevant to the center’s mission.

The papers are free to download in pdf file format.


The Evolving Complexity of Capital Regulation
Richard J. Herring- January 2018


Stress Testing in Wartime and in Peacetime
Til Schuermann – March 2016

Pricing and hedging GDP-linked bonds in incomplete markets
Consiglio, A. and S.A. Zenios

Is Bigger Necessarily Better in Community Banking?
Joseph P. Hughes, Julapa Jagtiani and Loretta J. Mester – January 2017

International Coordination of Financial Supervision: Why Has It Grown? Will It Be Sustained?
Richard J. Herring- May 2017