Publications

2008

 

May 14, 2008

Richmond Fed's Economic Quarterly Examines Whether Bank Supervisors Should Disclose Information About Their Banks

Richmond, VA

Should Bank Supervisors Disclose Information About Their Banks?

by Edward S. Prescott

Bank supervisors gather important information on banks' balance sheet, operations, and management. This is information that is potentially valuable to investors, but neither the supervisors nor the banks are allowed to share it. Should such information be made public? Richmond Fed economist Edward S. Prescott examines whether public dissemination of this knowledge can actually have a negative effect on the ability of supervisors to collect it and therefore limit the effectiveness of supervision.

You can find the full text of this article and others in the latest issue of Economic Quarterly.

Also in the Winter 2008 issue:

  • Credit Access, Labor Supply, and Consumer Welfare by Kartik B. Athreya
  • Antitrust Analysis in Banking: Goals, Methods, and Justifications in a Changed Environment by John R. Walter and Patricia E. Wescott
  • A Quantitative Study of the Role of Wealth Inequality on Asset Prices by Juan Carlos Hatchondo

The Economic Quarterly is a free publication containing economic analysis pertinent to Federal Reserve monetary and banking policy. For free copies or more information, contact the Federal Reserve Bank of Richmond's Public Affairs office at 804.697.7982.


The Richmond Fed serves the Fifth Federal Reserve District, which includes the District of Columbia, Maryland, North Carolina, South Carolina, Virginia and most of West Virginia. As part of the nation's central bank, we're one of 12 regional Reserve Banks that work together with the Federal Reserve's Board of Governors to strengthen the economy and our communities. We manage the nation's money supply to keep inflation low and help the economy grow. We also supervise and regulate financial institutions to help safeguard our nation's financial system and protect the integrity and efficiency of our payments system.

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