Sherrill L. Shaffer
Guthrie Distinguished Professor of Banking and Financial Services

PhD, Stanford University
BA, Rice University

Curricula Vitae

Research Interests:  Banking, Financial Markets and Regulation

Teaching: Banking, Financial Markets, and Financial Economics

Select Publications:

“Information Immobility, Industry Concentration, and Institutional Investors’ Performance,” coauthored with Mark Fedenia and Hilla Skiba, Journal of Banking and Finance 37, 2013, 2140-2159. 

 “Coerced Reciprocity and the Leverage Theory,” with Kalyn Coatney, Journal of Competition Law and Economics (an Oxford journal), forthcoming.

 “Microeconomic Foundations of Earnings Valuation,” International Review of Applied Financial Issues and Economics, forthcoming.

 “Bank Loans to Newly Public Firms,” with Tatyana Sokolyk, Journal of Entrepreneurial Finance, forthcoming.

 “Assessing Competition with the Panzar-Rosse Model:  The Role of Scale, Costs, and Equilibrium,” with Jakob A. Bikker and Laura Spierdijk, Review of Economics and Statistics 94 (4), November 2012, 1025-1044.

 “Bank Failure Risk:  Different Now?” Economics Letters 116, 2012, 613-616.

 “Reciprocal Brokered Deposits and Bank Risk,” Economics Letters 117, 2012, 383-385.

“External Economies in Banking,” Journal of Financial Economic Policy 4(4), 2012, 354-365.

 “Auction Prices, Market Share, and a Common Agent,” with Kalyn Coatney and Dale Menkhaus, Journal of Economic Behavior and Organization 81, 2012, 61-73.

“Bank Loans and Under-Performers,” with Tatyana Sokolyk, International Research Journal of Applied Finance 3 (8), August 2012, 1145-1150.