Directory

Directory

David VanHoose

Contact Information

Email:  David_VanHoose@baylor.edu
Campus Phone:  (254) 710-6206
Fax:  (254) 710-6142
Mailing Address:  Baylor University, One Bear Place #98003
Waco, TX  76798-8003
Office Location:  Hankamer 339

Office Hours

Fall 2013
Tuesdays, 11 AM-12 PM
Wednesdays, 8 AM-12 PM
Thursdays, 11 AM-12 PM

Work Experience

  • Co-Editor, Journal of Macroeconomics (January 1, 2014 - Present)
  • Co-Editor, Open Economies Review (June 1, 2013 - Present)

Consulting

  • Academic, Financial Markets Scholar, Mercatus Institute, George Mason University (September 2012 - April 2013)
  • Academic, Senior Research Fellow, Networks Financial Institute, Indianapolis, Indiana (April 2006 - Present)

Awards and Honors

  • Hankamer School of Business Distinguished Professor Award, Baylor University Hankamer School of Business (April 23, 2008)

Professional Memberships

  • American Economic Association
  • Southern Economic Association
  • Western Economic Association

Publications

Basic or Discovery Scholarship

"Implications of Globalization for the Output-Inflation Relationship: An Assessment," Open Economies Review, (April 2014) (coauthors: Joseph Daniels, Sandeep Mazumder).

Teaching and Learning Scholarship

Global Economic Issues and Policies, 3rd Edition: Routledge, April 2014 (coauthors: Joseph P. Daniels).

Basic or Discovery Scholarship

E-Commerce Economics, Critical Concepts in Economics Series, Volumes 1-4, Edited, Abingdon: Routledge, February 2014.

"Optimal Bank Sweeping and Interest on Demand Deposits with Imperfect Competition and Interest on Reserves," Journal of Macroeconomics, Vol. 38, (December 2013), pp. 192-202 (coauthors: Donald Dutkowsky).

"A Model of International Trade in Banking Services," Open Economies Review, Vol. 24, No. 4, (September 2013), pp. 613-625.

"Bank Balance Sheet Dynamics under a Regulatory Liquidity-Coverage-Ratio Constraint," Journal of Macroeconomics, Vol. 37, No. 1, (September 2013), pp. 53-67 (coauthors: Lakshmi Balasubramanyan).

"Exchange-Rate Pass Through, Openness, and the Sacrifice Ratio," Journal of International Money and Finance, Vol. 36, (September 2013), pp. 131-150.

"Should Financial Regulators Engage in International Policy Coordination?," Networks Financial Institute, Policy Brief 2013-PB-14, (August 2013).

"Implications of Shifting Retail Market Shares for Loan Monitoring in a Dominant-Bank Model," Scottish Journal of Political Economy, Vol. 60, No. 3, (July 2013), pp. 291-316.

"Evaluating the Centralized-Layers Approach to US Federal Financial Regulation," Mercatus Working Paper 13-08, Mercatus Center, George Mason University, (April 2013).

"Would Taxing Banks Really Make the Banking System Safer?," Mercatus on Policy, Mercatus Center, George Mason University, (February 2013).

Teaching and Learning Scholarship

International Monetary and Financial Economics: Pearson, January 2013 (coauthors: Joseph P. Daniels).

Basic or Discovery Scholarship

"Can Capital Requirements Induce Private Monitoring That Is Socially Optimal?," Journal of Financial Stability, Vol. 8, No. 4, (December 2012), pp. 252-262 (coauthors: Kenneth J. Kopecky).

"Imperfect Competition in Bank Retail Markets, Deposit and Loan Rate Dynamics, and Incomplete Pass Through," Journal of Money, Credit and Banking, Vol. 44, No. 6, (September 2012), pp. 1185-1205 (coauthors: Kenneth J. Kopecky).

"Durable Goods and Sticky Prices: Industry-Level Evidence," Economics Letters, Vol. 116, No. 3, (September 2012), pp. 460-464 (coauthors: Carl R. Gwin).

"Price and Wage Stickiness, Inflation, and Profits," The Manchester School, Vol. 80, No. 3, (June 2012), pp. 263-278 (coauthors: Carl Gwin).

"Regulatory Constraints on Performance-Based Managerial Compensation, Bank Monitoring, and Aggregate Loan Quality," Atlantic Economic Journal, Vol. 39, No. 4, (December 2011), pp. 315-328.

"Systemic Risks and Macroprudential Bank Regulation: A Critical Appraisal," Journal of Financial Transformation, Vol. 33, No. 12, (December 2011), pp. 45-60.

"Interest on Bank Reserves and Optimal Sweeping," Journal of Banking and Finance, Vol. 35, No. 9, (September 2011), pp. 2491-2497 (coauthors: Donald Dutkowsky).

Teaching and Learning Scholarship

Global Economic Issues and Policies, Routledge, 2nd Edition, London and New York, July 2011 (coauthors: Joseph P. Daniels).

Basic or Discovery Scholarship

"Search Costs, Sticky Prices, and Markups," Applied Economics, Vol. 43, No. 17, (July 2011), pp. 2219-2228 (coauthors: Carl Gwin).

Teaching and Learning Scholarship

E-Commerce Economics, Routledge, 2nd Edition, London and New York, March 2011.

Basic or Discovery Scholarship

""Regulation of Bank Management Compensation," Financial Market Regulation," , John Tatom (eds.), January 2011, pp. 163-183.

The Industrial Organization of Banking: Bank Behavior, Market Structure, and Regulation, January 2010.

"Internet Banking," Networks Financial Institute Policy Brief 2009-PB-09, (December 2009).

"Two-Sided Bank Card Payment Networks and Public Policy," Lydian Payments Journal, Vol. 1, No. 1, (November 2009).

"Openness, Income-Tax Progressivity, and Inflation," Journal of Macroeconomics, Vol. 31, No. 3, (September 2009), pp. 485-491 (coauthors: Joseph P. Daniels).

"Trade Openness, Capital Mobility, and the Sacrifice Ratio," Open Economies Review, Vol. 20, No. 3, (September 2009), pp. 473-487 (coauthors: Joseph Daniels).

"Policy Implications of Endogenous Sunk Fixed Costs in Banking: Has U.S. Antitrust Policy Been on the Wrong Track?," (December 2008).

"Disaggregate Evidence on Price Stickiness and Implications for Macro Models," Economic Inquiry, Vol. 46, No. 4, (October 2008), pp. 561-575 (coauthors: Carl Gwin).

"Alternative Measures of Marginal Cost and Inflation in Estimations of New Keynesian Inflation Dynamics," Journal of Macroeconomics, Vol. 30, No. 3, (September 2008), pp. 928-940 (coauthors: Carl R Gwin).

"Bank Capital Regulation, Economic Stability, and Monetary Policy: What Does the Academic Literature Tell Us?," Atlantic Economic Journal, Vol. 36, No. 1, (March 2008), pp. 1-14.

"Market Discipline and Supervisory Discretion in Banking: Reinforcing or Conflicting Pillars of Basel II?," Journal of Applied Finance, Vol. 17, No. Fall/Winter, (December 2007), pp. 105-118.

"Theories of Bank Behavior under Capital Regulation," Journal of Banking and Finance, Vol. 31, No. 12, (December 2007), pp. 3680-3697.

"Assessing Banks’ Costs of Complying with Basel II," No. PB, (September 2007), pp. 18 pages.

"The Euro and World Inflation," Oxford Economic Papers, Vol. 59, No. 2, (April 2007), pp. 171-193 (coauthors: George Selgin).

"Evaluating the Policy Implications of the Other Two Pillars of Basel II," No. Networks Financial Institute Policy Brief No. 2007-PB-08, (April 2007), pp. 15.

Teaching and Learning Scholarship

Money, Banking, and Financial Markets, 3rd edition, Cincinnati, 2007 (coauthors: Roger LeRoy Miller). 2nd edition, 2004; 1st edition, 2001

Basic or Discovery Scholarship

"Openness, Centralized Wage Bargaining, and Inflation," European Journal of Political Economy, Vol. 22, No. 4, (December 2006), pp. 969-988 (coauthors: Joseph P. Daniels and Farrokh Nourzad).

"Openness, the Sacrifice Ratio, and Inflation: Is There a Puzzle?," Journal of International Money and Finance, Vol. 25, No. 8, (December 2006), pp. 1336-1347 (coauthors: Joseph Daniels).

"Capital Regulation, Heterogeneous Monitoring Costs, and Aggregate Loan Quality," Journal of Banking and Finance, Vol. 30, No. 8, (August 2006), pp. 2235-2255 (coauthors: Kenneth Kopecky).

"Openness, Central Bank Independence, and the Sacrifice Ratio," Journal of Money, Credit, and Banking, Vol. 37, No. 2, (April 2005), pp. 371-379 (coauthors: Joseph Daniels and Farrokh Nourzad).

Teaching and Learning Scholarship

International Monetary and Financial Economics, 3rd edition, Cincinnati, 2005 (coauthors: Joseph P. Daniels). 2nd edition, 2002; 1st edition, 1999

Basic or Discovery Scholarship

"Bank Capital Requirements and the Monetary Transmission Mechanism," Journal of Macroeconomics, Vol. 26, No. 3, (September 2004), pp. 443-464 (coauthors: Kenneth Kopecky).

"Recent Developments in Understanding the Demand for Money," Journal of Economics and Business, Vol. 56, No. 4, (July 2004), pp. 247-272 (coauthors: John V. Duca).

"The New Open Economy Macroeconomics: A Critical Appraisal," Open Economies Review, Vol. 15, No. 2, (April 2004), pp. 193-215.

Teaching and Learning Scholarship

Global Economic Issues and Policies, 1st edition, Cincinnati, 2004 (coauthors: Joseph P. Daniels).

Macroeconomics: Theories, Policies, and International Applications, 3rd edition, Cincinnati, 2004 (coauthors: Roger LeRoy Miller). 1st edition, 1998, 2nd edition, 2001

Basic or Discovery Scholarship

"Currency Substitution, Seigniorage, and Currency Crises in Interdependent Economies," Journal of Economics and Business, Vol. 55, No. 3, (May 2003), pp. 221-232 (coauthors: Joseph P. Daniels).

Teaching and Learning Scholarship

E-Commerce Economics, 1st edition, Cincinnati, 2003.

Basic or Discovery Scholarship

"Asymmetric Wage Indexation," Atlantic Economic Journal, Vol. 30, No. 1, (March 2002), pp. 34-47 (coauthors: James P. Cover).

"The Rise of Goods-Market Competition and the Fall of Wage Contracting: Endogenous Wage Contracting in a Multisector Economy," Journal of Macroeconomics, Vol. 23, No. 1, (January 2001), pp. 29-Jan (coauthors: John V. Duca).

"Central Bank Policymaking in Competing Payment Systems," Atlantic Economic Journal, Vol. 28, No. 2, (June 2000), pp. 117-139.

"Has Greater Competition Restrained Inflation?," Southern Economic Journal, Vol. 66, No. 3, (January 2000), pp. 479-491 (coauthors: John V. Duca).

"The Nonstationarity of Money and Prices in Interdependent Economies," Review of International Economics, Vol. 7, No. 1, (February 1999), pp. 87-101 (coauthors: Joseph P. Daniels).

"Implications of Economic Interdependence for Endogenous Wage Indexation Decisions," Scandinavian Journal of Economics, Vol. 100, No. 4, (December 1998), pp. 693-710 (coauthors: Jay Bryson and Chih-huan Chen).

"Goods-Market Competition and Profit Sharing: A Multisector Macro Approach," Journal of Economics and Business, Vol. 50, No. 4, (November 1998), pp. 525-534 (coauthors: John V. Duca).

"The Rise of Goods-Market Competition and the Decline in Wage Indexation," Journal of Macroeconomics, Vol. 20, No. 3, (July 1998), pp. 579-598 (coauthors: John V. Duca).

Presentations and Proceedings

Applied or Integration/Application Scholarship

"U.S. Money and Banking Policies: Confusion and Obfuscation," presented at the Baylor Commercial Banking Advisory Council Meeting, Hankamer, September 2013.

Basic or Discovery Scholarship

"“Using Pigouvian Taxes to Correct Banking Externalities: A Cautionary Tale” (with Enzo Dia)," presented at the University of North Carolina Macroeconomics Seminar, Chapel Hill, North Carolina, April 2013.

"Can Capital Regulation Induce Private Monitoring that Is Socially Optimal?," presented at the Atlantic Economic Conference, Washington, DC, October 2011.

"Imperfect Competition in Bank Retail Markets, Deposit and Loan Rate Dynamics, and Incomplete Pass Through," presented at the Atlantic Economic Conference, Washington, DC, October 2011.

"Regulating Bankers' Pay," presented at the Indiana State University, Terre Haute, Indiana, February 2011.

""Price and Wage Stickiness, Inflation, and Profits"," presented at the Atlantic Economic Conference, Charleston, SC, October 2010 (coauthors: Carl Gwin).

"Interest on Bank Reserves and Optimal Sweeping," presented at the Southern Economic Association Meetings, San Antonio, Texas, November 2009.

"Durable Goods and Sticky Prices: Industry-Level Evidence," presented at the Southern Economic Association Meetings, San Antonio, Texas, November 2009.
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