John Boyd
Professor, Banking Industry of Minnesota Chair at Carlson School of Management
Schools
- Carlson School of Management
Links
Biography
Carlson School of Management
John Boyd
Professor, Banking Industry of Minnesota Chair
Finance
Education
BA 1966
Economics Willamette University
PhD 1970
Applied Economics University of Pennsylvania
Expertise
Finance and development
Financial intermediation
Banking
Contract theory
Boyd received his PhD in Applied Economics from the University of Pennsylvania. Prior to his current appointment at Minnesota, be was Senior Research Officer, Federal Reserve Bank of Minneapolis, and earlier Associate Professor of Finance at Kellogg Graduate School of Management, Northwestern University. Boyd has been or is consultant to the United States Treasury, Council of Economic Advisers, Federal Home Loan Banks, World Bank, International Monetary Fund, Federal Reserve System, various banking and trade associations, and has testified before the United States Congress. He has published in several Finance and Economics journals, including American Economic Review, Journal of Economic Theory, Journal of Monetary Economics, Journal of Money, Credit and Banking, Economic Theory, Journal of Finance, Journal of Financial Intermediation, Review of Financial Studies, Palgrave''s Dictionary, and others. Boyd''s primary research interests include banking, financial intermediation, intermediation and development, and the economics of gun ownership.
Selected Works
"Introduction to Special Finance Issue," J. Boyd, North American Journal of Economics and Finance (1999).
"Bank Capital Regulation with and without StateContingent Penalties: A Comment," J. Boyd, CarnegieRochester Conference Series on Public Policy (2001).
"Comparing Market and Supervisory Assessments of Bank Performance: Who Knows What When? Comment," J. Boyd, Journal of Money, Credit, and Banking (August 2000).
"Moral Hazard under Commercial and Universal Banking," J. Boyd, C. Chang, B. Smith, Journal of Money, Credit, and Banking (1998).
"Capital Market Imperfections in a Monetary Growth Model," J. Boyd and B. Smith, Economic Theory (1998).
"Capital Market Imperfections, International Credit Markets, and Nonconvergence," J. Boyd and B. Smith, Journal of Economic Theory (1997).
"ExDividend Price Behavior of Common Stocks," J. Boyd and R. Jagannathan, Review of Financial Studies (1994).
"How Good Are Standard Debt Contracts? Stochastic Versus Nonstochastic Monitoring in a Costly State Verification Environment," J. Boyd and B. Smith, Journal of Business (1994).
"The Equilibrium Allocation of Investment Capital in the Presence of Adverse Selection and Costly State Verification," J. Boyd and B. Smith, Economic Theory (1993).
Current Activities
Community Relationships
Consultant for the Federal Reserve Bank of Minneapolis
Current Research
Inflation and financial market performance
Universal banking
Reforming deposit insurance
Editorial Appointments
Associate Editor, Review of Financial Studies
Editor, the North American Journal of Economics and Finance
Scholarly Service
Frederick R. Kappel Chair in Business and Government Relations
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