
Simon Kwan
Senior Research Advisor
Financial Research
Financial economics, Supervision and regulation, Financial stability
CV (pdf, 96.35 kb)
Working Papers
Complexity of Global Banks and Their Foreign Operation in Hong Kong
2019-22 | With Ho and Tan | September 2019
abstract (+)Tracking Financial Fragility
2019-06 | With Giordani | February 2019
abstract (+)The International Transmission of Shocks through the Lens of Foreign Banks in Hong Kong
2014-25 | With Wong and Hui | August 2019
abstract (+)The Impact of Reserves Practices on Bank Opacity
2013-35 | With Iannotta | July 2014
abstract (+)Financial Crisis and Bank Lending
2010-11 | May 2010
abstract (+)Testing the Strong Form of Market Discipline: The Effects of Public Market Signals on Bank Risk
2004-19 | November 2004
abstract (+)Securities Activities by Commercial Banking Firms’ Section 20 Subsidiaries: Risk, Return, and Diversification Benefits
FRBSF WP1998-10 | October 1997
abstract (+)The Informativeness of Stochastic Frontier and Programming Frontier Efficiency Scores: Cost Efficiency and Other Measures of Bank Holding Company Performance
FRB Atlanta WP 1999-23 | With Eisenbeis and Ferrier | December 1999
abstract (+)Published Articles (Refereed Journals and Volumes)
Financial Stability and the Resolution of Federal Reserve Goal and Implementation Conflicts
Journal of Financial Services Research 53, June 2018, 163-178 | With Eisenbeis and Wall
abstract (+)Data for Microprudential Supervision of U.S. Banks
In Handbook of Financial Data and Risk Information I: Principles and Context, ed. by Brose, Flood, Krishna, and Nichols | Cambridge University Press, 2013. Chapter 11 | With Flood and Leonova
The 2007-2009 Financial Crisis and Bank Opaqueness
Journal of Financial Intermediation 22, January 2013, 55-84 | With Flannery and Nimalendran
abstract (+)Financial Contracting and the Choice between Private Placement and Publicly Offered Bonds
Journal of Money, Credit and Banking 42(5), 2009, 907-929 | With Carleton
abstract (+)The X-efficiency of Commercial Banks in Hong Kong
Journal of Banking and Finance 30(4), April 2006, 1127-1147
abstract (+)Market Evidence on the Opaqueness of Banking Firms’ Assets
Journal of Financial Economics 71(3), March 2004, 419-460 | With Flannery and Nimalendran
abstract (+)Impact of Deposit Rate Deregulation in Hong Kong on the Market Value of Commercial Banks
Journal of Banking and Finance 27(12), December 2003, 2231-2248
abstract (+)Operating Performance of Banks among Asian Economies: An International and Time Series Comparison
Journal of Banking and Finance 27(3), March 2003, 471-489
abstract (+)Hidden Cost Reductions in Bank Mergers: Accounting for More Productive Banks
In Research in Finance, 19, ed. by Chen | London: Elsevier Press, 2002. 109-124 | With Wilcox
abstract (+)Financial Modernization and Regulation
Journal of Financial Services Research 16 (2/3), September 1999, 5-10 | With Furlong
Comments on ‘Trends in Organizational Form and Their Relationship to Performance: The Case of Foreign Securities Subsidiaries of U.S. Banking Organizations’
Journal of Financial Services Research 16(2/3), September 1999, 219-221
Bank Risk, Capitalization, and Operating Efficiency
Journal of Financial Services Research 12 (2/3), October 1997, 117-131 | With Eisenbeis
Firm-Specific Information and the Correlation between Individual Stocks and Bonds
Journal of Financial Economics 40(1), January 1996, 63-80
An Analysis of Inefficiencies in Banking
Journal of Banking and Finance 19(3-4), June 1995, 733-734 | With Eisenbeis
Re-examination of Interest Rate Sensitivity of Commercial Bank Stock Returns Using a Random Coefficient Model
Journal of Financial Services Research 5(1), March 1991, 61-76
Books
Handbook of Financial Data and Risk Information I: Data for microprudential supervision of US banks
2014 | Cambridge University Press | Kwan • Flood • Leonova
Financial Modernization and Regulation
2000 | Norwell, MA: Kluwer Academic Publishers | Editors • Eisenbeis • Furlong • Kwan
FRBSF Publications
Minority Banks during the COVID-19 Pandemic
Economic Letter 2021-20 | August 2, 2021 | With Friesenhahn
Resilience of Community Banks in the Time of COVID-19
Economic Letter 2021-06 | March 1, 2021
Risk of Business Insolvency during Coronavirus Crisis
Economic Letter 2020-30 | October 5, 2020 | With Friesenhahn
Market Assessment of COVID-19
Economic Letter 2020-14 | May 28, 2020 | With Mertens
Banks’ Real Estate Exposure and Resilience
Economic Letter 2019-10 | April 1, 2019
Assessing Expectations of Monetary Policy
Economic Letter 2014-27 | September 8, 2014 | With Christensen
Long Road to Normal for Bank Business Lending
Economic Letter 2014-23 | August 4, 2014
The Price of Stock and Bond Risk in Recoveries
Economic Letter 2013-23 | August 19, 2013
Capital Structure in Banking
Economic Letter 2009-37 | December 7, 2009
Behavior of Libor in the Current Financial Crisis
Economic Letter 2009-04 | January 23, 2009
On Forecasting Future Monetary Policy: Has Forward-Looking Language Mattered?
Economic Letter 2007-15 | June 15, 2007
Safe and Sound Banking, 20 Years Later
Economic Letter 2006-26 | October 6, 2006
Inflation Expectations: How the Market Speaks
Economic Letter 2005-25 | October 7, 2005
Gauging the Market’s Expectations about Monetary Policy
Economic Letter 2004-28 | October 8, 2004
Banking Consolidation
Economic Letter 2004-15 | June 18, 2004
The Present and Future of Pension Insurance
Economic Letter 2003-25 | August 29, 2003
Pension Accounting and Reported Earnings
Economic Letter 2003-19 | July 4, 2003
Underfunding of Private Pension Plans
Economic Letter 2003-16 | June 13, 2003
Bank Security Prices and Market Discipline
Economic Letter 2002-37 | December 20, 2002
The Promise and Limits of Market Discipline in Banking
Economic Letter 2002-36 | December 13, 2002
Deposit Insurance Reform–When Half a Loaf Is Better
Economic Letter 2002-14 | May 10, 2002 | With Furlong
Is There a Credit Crunch?
Economic Letter 2002-12 | April 26, 2002
Financial Modernization and Banking Theories
Economic Letter 2001-37 | December 21, 2001
Rising Junk Bond Yields: Liquidity or Credit Concerns?
Economic Letter 2001-33 | November 16, 2001
The Stock Market: What a Difference a Year Makes
Economic Letter 2001-17 | June 1, 2001
Has Bank Performance Peaked?
Economic Letter 2000-32 | October 27, 2000
Three Questions about New Economy Stocks
Economic Letter 2000-15 | May 12, 2000
Margin Requirements as a Policy Tool?
Economic Letter 2000-09 | March 24, 2000