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  • Robert (Bob) DeYoung

Robert DeYoung

Koch Distinguished Professor in Business Economics and Harold Otto Chair of Economics
Primary office:
785-864-1806
Capitol Federal Hall
Room 2185
University of Kansas


Summary

Academic Areas

Finance

Education

  • Ph.D., University of Wisconsin-Madison
  • B.A., Rutgers University-Camden

Teaching Interests

  • Banking
  • Macroeconomics

Research Interests

  • Banking
  • Bank Regulation

Selected Publications

DeYoung, R. Distinguin, I. & Tarazi, A. (in press). Bank Liquidity Management and Bank Capital Shocks. Journal of Financial Intermediation.

Chiorazzo, V. D'Apice, V. DeYoung, R. & Morelli, P. (2018). Is the Traditional Banking Model a Survivor? Journal of Banking and Finance, 97, 238-256.

DeYoung, R. Frame, W. S., Hirtle, B. & Kust, M. (2016). Banking Supervision after the Financial Crisis. Journal of Applied Finance, forthcoming.

DeYoung, R. & Jang, K. (2016). Do Banks Actively Manage their Liquidity? Journal of Banking and Finance, 66, 143-161.

DeYoung, R. (2015). How Relationships Can Reduce Risk in Small Business Lending. European Economy: Banks, Regulation, and the Real Sector, 2, 87-99.

DeYoung, R. Gron, A. Torna, G. & Winton, A. (2015). Risk Overhang and Loan Portfolio Decisions: Small Business Lending Before and During the Financial Crisis. Journal of Finance, 70, 2451-2487.

DeYoung, R. (2015). Banking in the United States. In A. Berger, P. Molyneux, & J. Wilson (Eds.), The Oxford Handbook of Banking, 2nd Edition (pp. 825-848). Oxford: Oxford University Press.

DeYoung, R. (2015). What's Missing From Payday Loan Debate: Facts. American Banker http://www.americanbanker.com/bankthink/whats-missing-from-payday-lending-debate-facts-1077997-1.html

DeYoung, R. (2015). Reframing the Debate about Payday Lending. Liberty Street Economics Federal Reserve Bank of New York.

DeYoung, R. (2015). The Key to Avoiding Loan Defaults: Lenders Who Know Borrowers Wall Street Journal, pp. R3.

DeYoung, R., Arezki, R., Beck, T., Duca, J., Loungani, P., & Murphy, A. (Eds.). (2015). A Conference on Housing, Stability, and the Macroeconomy: International Perspectives. Journal of Money, Credit and Banking, 47(S1).

Beck, T., De Haan, J., & DeYoung, R. (Eds.). (2014). A Conference on Post-Crisis Banking. Journal of Money, Credit and Banking, 46(S1), 1-11.

DeYoung, R. (2013). Economies of Scale in Banking.

DeYoung, R. Peng, E. Y., & Yan, M. (2013). Executive Compensation and Business Policy Choices at U.S. Commercial Banks. Journal of Financial and Quantitative Analysis.

DeYoung, R. & Phillips, R. (2013). Interest Rate Caps and Implicit Collusion: The Case of Payday Lending. International Journal of Banking, Accounting and Finance, 5, 121-158.

DeYoung, R. & Gokhan, T. (2013). Nontraditional Banking Activities and Bank Failures During the Financial Crisis. Journal of Financial Intermediation, 22, 397-421.

DeYoung, R. (2013). What Size Bank is Best for Your Business? Thinking Better Business.

DeYoung, R. Kowalik, M. & Reidhill, J. (2013). A Theory of Bank Resolution: Technological Change and Political . Journal of Financial Stability, 9(4), 612-627.

DeYoung, R. (2012). A Commentary on "Measuring Systemic Risk". Journal of Financial Services Research, 42, 109-114.

DeYoung, R. Frame, W. S., Glennon, D. & Nigro, P. (2011). The Information Revolution and Small Business Lending: The Missing Evidence. Journal of Financial Services Research, 39, 19-33.

DeYoung, R. (2011). Bank Lending: Supply vs. Demand. Thinking Bigger Business, 48-49.

DeYoung, R. (2010). Banking in the United States. In A. Berger, P. Molyneux, & J. Wilson (Eds.), The Oxford Handbook of Banking (pp. 777-806). Oxford: Oxford University Press.

DeYoung, R. (2010). Scale Economies are a Distraction. The Region, 14-16. Federal Reserve Bank of Minneapolis.

DeYoung, R. Evanoff, D. & Molyneux, P. (2009). Mergers and Acquisitions of Financial Institutions: A Review of the Post-2000 Literature. Journal of Financial Services Research, 36, 87-110.

DeYoung, R., Evanoff, D., & Molyneux, P. (Eds.). (2009). Mergers and Acquisitions of Financial Institutions. Journal of Financial Services Research.

DeYoung, R. (2009). Congress Takes Aim at Payday Loans Wall Street Journal, pp. A13.

DeYoung, R. (2008). Payday Lending and Payments Services: An Historical and Modern Analysis. In R. R Bliss & G. G Kaufman (Eds.), Financial Institutions and Markets: Current Issues in Financial Markets (pp. 163-180). New York: Palgrave MacMillan.

DeYoung, R. (2008). Safety, Soundness, and the Evolution of the U.S. Banking Industry. In A. Boot & A. Thakor (Eds.), Handbook of Financial Intermediation and Banking (pp. 347-374). Amsterdam: North-Holland.

DeYoung, R. Evanoff, D. Bartholomew, P. Lucaci, C. & Phillips, R. (2008). Bank Structure Conference Impact Study. Journal of Financial Services Research, 34, 99-121.

DeYoung, R. Glennon, D. & Nigro, P. (2008). Borrower-Lender Distance, Credit Scoring, and Loan Performance: Evidence from Informationally Opaque Small Business Borrowers. Journal of Financial Intermediation, 17, 113-143.

DeYoung, R. Frame, S. Glennon, D. McMillen, D. & Nigro, P. (2008). Commercial Lending Distance and Historically Underserved Markets. Journal of Economics and Business, 60, 149-164.

DeYoung, R. Berger, A. Flannery, M. Lee, D. & Oztekin, O. (2008). How Do Large Banking Companies Manage Their Capital? Journal of Financial Services Research, 34, 123-149.

DeYoung, R. & Yom, C. (2008). On the Independence of Assets and Liabilities: Evidence from U.S. Commercial Banks. Journal of Financial Stability, 4, 275-303.

DeYoung, R. (2007). Corporate Governance at Community Banks: One Size Does Not Fit All. In B. Gup (Ed.), Corporate Governance in Banking: An International Perspective (pp. 62-76). Westport, CT: Quorum Books.

DeYoung, R. (2007). The Limits of Information Technology: How Much Will the Banking Industry Change? In . (Ed.), Technology-Driven Efficiencies in Financial Markets (pp. 35-46). Bank of Finland.

DeYoung, R. Lang, W. W., & Nolle, D. L. (2007). How the Internet Affects Output and Performance at Community Banks. Journal of Banking and Finance, 31, 1033-1060.

DeYoung, R. & DeLong, G. (2007). Learning by Observing: Information Spillovers in the Execution and Valuation of Commercial Bank M&As. Journal of Finance, 62(1), 181-217.

DeYoung, R. (2007). Safety, Soundness, and the Evolution of the U.S. Banking Industry. Quarterly Review, 92(1 and 2), 41-66.

DeYoung, R. & Berger, A. N. (2006). Technological Progress and the Geographic Expansion of Commercial Banks. Journal of Money, Credit, and Banking, 38(6), 1483-1513.

DeYoung, R. & Phillips, R. (2006). U.S. Payday Loans: A Novel Form of Credit But at What Price?. The Banker (China), 116-117.

DeYoung, R. & DeLong, G. (2005). The Value Added from Observing Bank Mergers. In F. Milne & E. H Neave (Eds.), Current Directions in Financial Regulation (pp. 247-262). Kingston, Ontario: John Deutsch Society.

DeYoung, R. (in press). The Performance of Internet-based Business Models: Evidence from the Banking Industry. Journal of Business, 78(3), 893-947.

DeYoung, R. & Newberger, R. (2005). Community Banks: What is Their Future and Why Does it Matter? Profitwise: News and Views.

DeYoung, R. Klier, T. & McMillen, D. P. (2005). The Changing Geography of the U.S. Banking Industry. In . (Ed.), US Banking: Emerging Trends. ICFAI University Press.

DeYoung, R. & Rice, T. (2004). How do Banks Make Money? A Variety of Business Strategies. Economic Perspectives, 28(4), 52-67.

DeYoung, R. & Rice, T. (2004). How do Banks Make Money? The Fallacies of Fee Income. Economic Perspectives, 28(4), 34-51.

DeYoung, R. (2004). Community Banks at Their Best. 2004 Annual Report, 9-17. Federal Reserve Bank of Chicago.

DeYoung, R. & Rice, T. (2004). Noninterest Income and Financial Performance at U.S. Commercial Banks. Financial Review, 39(1), 101-127.

DeYoung, R. Klier, T. & McMillen, D. P. (2004). The Changing Geography of the U.S. Banking Industry. The Industrial Geographer, 2(1), 29-48.

DeYoung, R. Berger, A. N., Buch, C. & DeLong, G. (2004). The Comparative Advantages of Nations at Exporting Financial Institutions Management via M&As. Journal of International Money and Finance, 23(3), 333-366.

DeYoung, R. Hunter, W. C., & Udell, G. F. (2004). The Past, Present, and Probable Future for Community Banks. Journal of Financial Services Research, 25(2/3), 85-133.

DeYoung, R., Hunter, W. C, & Udell, G. F (Eds.). (2004). Whither the Community Bank? Journal of Financial Services Research, 25(2/3).

DeYoung, R. & Klier, T. (2004). City of Big Shoulders and No Nationwide Banking Headquarters. American Banker, 18.

DeYoung, R. & Klier, T. (2004). Why Bank One left Chicago: One Piece in a Bigger Puzzle. Chicago Fed Letter,(201).

DeYoung, R. & Duffy, D. (2004). The Challenges Facing Community Banks: In Their Own Words. Society, 41(2).

DeYoung, R. & Hunter, W. C. (2003). Deregulation, the Internet, and the Competitive Viability of Large Banks and Community Banks. In B. Gup (Ed.), The Future of Banking (pp. 173-202). Westport, CT: Quorum Books.

DeYoung, R. & Hunter, W. C. (2003). Deregulation, the Internet, and the Competitive Viability of Large Banks and Community Banks. ICFAI Journal of Bank Management, 2.

DeYoung, R. (2003). The Failure of New Entrants in Commercial Banking Markets: A Split-Population Duration Analysis. Review of Financial Economics, 12, 7-33.

DeYoung, R. (2003). De Novo Bank Exit. Journal of Money, Credit, and Banking, 35, 711-728.

DeYoung, R. (2003). Whither the Community Bank? A Conference Summary. Chicago Fed Letter,(189a).

DeYoung, R. (2002). New Banking Ventures: Entrepreneurs Lending to Other Entrepreneurs. Journal of Entrepreneurial Finance and Business Ventures, 7, 71-86.

DeYoung, R. & Duffy, D. (2002). The Challenges Facing Community Banks: In Their Own Words. Economic Perspectives, 26(4), 2-17.

DeYoung, R. (2002). The Financial Progress of Pure-Play Internet Banks. In . (Ed.), Professional Banker. ICFAI.

DeYoung, R. (2002). How New Technology and Competitive Strategy is Shaping the Future for U.S. Community Banks. Cooperazione di Credito (Italian credit union association trade journal)

DeYoung, R. & Berger, A. N. (2002). Problem Loans and Cost Efficiency in Commercial Banks. ICFAI Journal of Bank Management, 1.

DeYoung, R. Hunter, W. C., & Udell, G. F. (2002). Whither the Community Bank? Relationship Finance in the Information Age. Chicago Fed Letter,(178).

DeYoung, R. & Roland, K. P. (2001). A Risk-Return Framework for Multiple-Product Industries. In E. Acar (Ed.), Value Added: Risk or Return? (pp. 193-198). London: Financial Times/Prentice Hall.

DeYoung, R. & Berger, A. N. (2001). Problem Loans and Cost Efficiency in Commercial Banks. In M. Hall (Ed.), The Regulation and Supervision of Banks (Vol. IV). Northampton, MA: Edward Elgar Publishing.

DeYoung, R. Hasan, I. & Kirchhoff, B. (2001). The Impact of Out-of-State Entry on the Efficiency of Local Banks. In M. Hall (Ed.), The Regulation and Supervision of Banks (Vol. IV). Northampton, MA: Edward Elgar Publishing.

DeYoung, R. (2001). The Financial Progress of Pure-Play Internet Banks. In BIS Papers – Electronic Finance: A New Perspective and Challenges (Vol. 7, pp. 80-86).

DeYoung, R. Flannery, M. J., Lang, W. W., & Sorescu, S. (2001). The Information Content of Bank Exam Ratings and Subordinated Debt Prices. Journal of Money, Credit, and Banking, 33, 900-925.

DeYoung, R. Spong, K. & Sullivan, R. J. (2001). Who's Minding the Store? Motivating and Monitoring Hired Managers at Small Closely Held Commercial Banks. Journal of Banking and Finance, 25, 1209-1244.

DeYoung, R. & Berger, A. N. (2001). The Effects of Geographic Expansion on Bank Efficiency. Journal of Financial Services Research, 19, 163-184.

DeYoung, R. Hughes, J. P., & Moon, C. (2001). Regulatory Distress Costs and Risk-Taking at U.S. Commercial Banks. Journal of Economics and Business, 53, 255-282.

DeYoung, R. (2001). Internet-Only Banking Is Down But Shouldn't Be Counted Out. American Banker, 18.

DeYoung, R. Berger, A. N., & Udell, G. F. (2001). Efficiency Barriers to the Consolidation of the European Financial Services Industry. European Financial Management, 7, 117-130.

DeYoung, R. (2001). The Internet's Place in the Banking Industry. Chicago Fed Letter,(163).

DeYoung, R. (2001). The Financial Performance of Pure Play Internet Banks. Economic Perspectives, 25(1), 60-75.

DeYoung, R. & Roland, K. P. (2001). Product Mix and Earnings Volatility at Commercial Banks: Evidence from a Degree of Leverage Model. Journal of Financial Intermediation, 10, 54-84.

DeYoung, R. (2000). Comment on Regulating Banks in a Cross-Border Financial World. In G. Kaufman (Ed.), Research in Financial Services (Vol. 12, pp. 163-173).

DeYoung, R. Berger, A. N., Genay, H. & Udell, G. F. (2000). The Globalization of Financial Institutions: Evidence from Cross-Border Banking Performance. In R. Litan & A. Santomero (Eds.), Brookings-Wharton Papers on Financial Services (Vol. 3, pp. 23-125).

DeYoung, R. (2000). Be All That You Can Be.. But Don't Try to Be Everything. Journal of Lending and Credit Risk Management, 24-28.

DeYoung, R. (2000). Mergers and the Changing Landscape of Commercial Banking (Part II). Chicago Fed Letter,(150).

DeYoung, R. (1999). Mergers and the Changing Landscape of Commercial Banking (Part I). Chicago Fed Letter,(145).

DeYoung, R. (1999). Birth, Growth, and Life or Death of Newly Chartered Banks. Economic Perspectives, 23(3), 18-35.

DeYoung, R. Goldberg, L. G., & White, L. J. (1999). Youth, Adolescence, and Maturity of Banks: Credit Availability to Small Business in an Era of Banking Consolidation. Journal of Banking and Finance, 23, 463-492.

DeYoung, R. (1998). Comment on Goldberg and White: De Novo Banks and Lending to Small Business. Journal of Banking and Finance, 22, 868-872.

DeYoung, R. & Hasan, I. (1998). The Performance of De Novo Commercial Banks: A Profit Efficiency Approach. Journal of Banking and Finance, 22, 565-587.

DeYoung, R. (1998). The Efficiency of Financial Institutions: How Does Regulation Matter? Journal of Economics and Business, 50, 79-234.

DeYoung, R. Hasan, I. & Kirchhoff, B. (1998). The Impact of Out-of-State Entry on the Efficiency of Local Banks. Journal of Economics and Business, 50, 191-204.

DeYoung, R. (1998). X-inefficiency and Management Quality in Commercial Banks. Journal of Financial Services Research, 13, 5-22.

DeYoung, R. (1997). Bank Mergers, X-efficiency, and the Market for Corporate Control. Managerial Finance, 23, 32-47.

DeYoung, R. (1997). Comment on Operational Efficiency in Banking: An International Perspective. Journal of Banking and Finance, 21, 1325-1329.

DeYoung, R. (1997). Measuring Bank Cost Efficiency: Don't Count on Accounting Ratios. Financial Practice and Education, 7, 20-31.

DeYoung, R. & Berger, A. N. (1997). Problem Loans and Cost Efficiency in Commercial Banks. Journal of Banking and Finance, 21, 849-870.

DeYoung, R. (1997). A Diagnostic Test for the Distribution-Free Efficiency Estimator: An Example Using U.S. Commercial Bank Data. European Journal of Operational Research, 98, 243-249.

DeYoung, R. (1996). Comment on Scale Economies, Cost Efficiencies, and Technological Change in Federal Reserve Payments Processing. Journal of Money, Credit, and Banking, 28, 1040-1044.

DeYoung, R. & Nolle, D. E. (1996). Foreign-Owned Banks in the U.S.: Buying Market Share or Earning It? Journal of Money, Credit, and Banking, 28, 622-636.

DeYoung, R. Spong, K. & Sullivan, R. (1995). What Makes a Bank Efficient? A Look at Financial Characteristics and Bank Management and Ownership Structure. Financial Industry Perspectives, 1-19.

DeYoung, R. & Whalen, G. (1994). Is a Consolidated Banking Industry a More Efficient Banking Industry? Quarterly Journal, 11-21.

DeYoung, R. (1994). Do Regulators Read the Literature? Bank Merger Regulation, 1963-1990. Southern Economic Journal, 61, 69-84.

DeYoung, R. (1993). Market Experiments: The Laboratory vs. The Classroom. Journal of Economic Education, 4, 335-351.

DeYoung, R. (1991). The Efficiencies Defense and Commercial Bank Merger Regulation. Review of Industrial Organization, 6(3), 269-282.


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