Beverly Hirtle

Names

Identifer

Contact

Affiliations

• Federal Reserve Bank of New York (weight: 50%)
  • EDIRC entry
  • location:
• Federal Reserve Bank of New York / Research and Statistics Group (weight: 50%)
  • EDIRC entry
  • location:

Research profile

author of:

• Bank Supervision
  Annual Review of Financial Economics, Annual Reviews (2022)
  by Beverly Hirtle & Anna Kovner
  (ReDIF-article, anr:refeco:v:14:y:2022:p:39-56)
• Supervisory Stress Tests
  Annual Review of Financial Economics, Annual Reviews (2015)
  by Andreas Lehnert & Beverly Hirtle
  (ReDIF-article, anr:refeco:v:7:y:2015:p:339-355)
• The Impact of Supervision on Bank Performance
  Journal of Finance, American Finance Association (2020)
  by Beverly Hirtle & Anna Kovner & Matthew Plosser
  (ReDIF-article, bla:jfinan:v:75:y:2020:i:5:p:2765-2808)
• The impact of network size on bank branch performance
  Journal of Banking & Finance, Elsevier (2007)
  by Hirtle, Beverly
  (ReDIF-article, eee:jbfina:v:31:y:2007:i:12:p:3782-3805)
• The return to retail and the performance of US banks
  Journal of Banking & Finance, Elsevier (2007)
  by Hirtle, Beverly J. & Stiroh, Kevin J.
  (ReDIF-article, eee:jbfina:v:31:y:2007:i:4:p:1101-1133)
• Assessing financial stability: The Capital and Loss Assessment under Stress Scenarios (CLASS) model
  Journal of Banking & Finance, Elsevier (2016)
  by Hirtle, Beverly & Kovner, Anna & Vickery, James & Bhanot, Meru
  (ReDIF-article, eee:jbfina:v:69:y:2016:i:s1:p:s35-s55)
• Stock repurchases and bank holding company performance
  Journal of Financial Intermediation, Elsevier (2004)
  by Hirtle, Beverly
  (ReDIF-article, eee:jfinin:v:13:y:2004:i:1:p:28-57)
• Credit derivatives and bank credit supply
  Journal of Financial Intermediation, Elsevier (2009)
  by Hirtle, Beverly
  (ReDIF-article, eee:jfinin:v:18:y:2009:i:2:p:125-150)
• Evaluating the information in the federal reserve stress tests
  Journal of Financial Intermediation, Elsevier (2017)
  by Flannery, Mark & Hirtle, Beverly & Kovner, Anna
  (ReDIF-article, eee:jfinin:v:29:y:2017:i:c:p:1-18)
• Regulatory minimum capital standards for banks: current status and future prospects
  Proceedings, Federal Reserve Bank of Chicago (1997)
  by Darryll Hendricks & Beverly Hirtle
  (ReDIF-paper, fip:fedhpr:542)
• Bank holding company capital ratios and shareholder payouts
  Current Issues in Economics and Finance, Federal Reserve Bank of New York (1998)
  by Beverly Hirtle
  (ReDIF-article, fip:fednci:y:1998:i:sep:n:v.4no.9)
• The evolution of U.S. bank branch networks: growth, consolidation, and strategy
  Current Issues in Economics and Finance, Federal Reserve Bank of New York (2004)
  by Beverly Hirtle & Christopher Metli
  (ReDIF-article, fip:fednci:y:2004:i:jul:n:v.10no.8)
• Public disclosure and risk-adjusted performance at bank holding companies
  Economic Policy Review, Federal Reserve Bank of New York (2016)
  by Beverly Hirtle
  (ReDIF-article, fip:fednep:00036)
• Supervising large, complex financial institutions: what do supervisors do?
  Economic Policy Review, Federal Reserve Bank of New York (2017)
  by Thomas M. Eisenbach & Andrew F. Haughwout & Beverly Hirtle & Anna Kovner & David O. Lucca & Matthew Plosser
  (ReDIF-article, fip:fednep:00041)
• Bank capital requirements for market risk: the internal models approach
  Economic Policy Review, Federal Reserve Bank of New York (1997)
  by Darryll Hendricks & Beverly Hirtle
  (ReDIF-article, fip:fednep:y:1997:i:dec:p:1-12:n:v.3no.4)
• Commentary on 3 papers on issues in value-at-risk modeling and evaulation
  Economic Policy Review, Federal Reserve Bank of New York (1998)
  by Beverly Hirtle
  (ReDIF-article, fip:fednep:y:1998:i:oct:p:125-128:n:v.4no.3)
• Supervisory information and the frequency of bank examinations
  Economic Policy Review, Federal Reserve Bank of New York (1999)
  by Beverly Hirtle & Jose A. Lopez
  (ReDIF-article, fip:fednep:y:1999:i:apr:p:1-20:n:v.5no.1)
• The changing financial structure: challenges for supervisors and risk managers
  Economic Policy Review, Federal Reserve Bank of New York (2000)
  by Beverly Hirtle & Leslie Rahl & William L. Rutledge & Petros Sabatacakis
  (ReDIF-article, fip:fednep:y:2000:i:oct:p:89-94:n:v.6no.4)
• The challenges of risk management in diversified financial companies
  Economic Policy Review, Federal Reserve Bank of New York (2001)
  by Christine M. Cumming & Beverly Hirtle
  (ReDIF-article, fip:fednep:y:2001:i:mar:p:1-17:n:v.7no.1)
• Using credit risk models for regulatory capital: issues and options
  Economic Policy Review, Federal Reserve Bank of New York (2001)
  by Beverly Hirtle & Mark E. Levonian & Marc R. Saidenberg & Stefan Walter & David M. Wright
  (ReDIF-article, fip:fednep:y:2001:i:mar:p:19-36:n:v.7no.1)
• What market risk capital reporting tells us about bank risk
  Economic Policy Review, Federal Reserve Bank of New York (2003)
  by Beverly Hirtle
  (ReDIF-article, fip:fednep:y:2003:i:sep:p:37-54:n:v.9no.3)
• The role of retail banking in the U.S. banking industry: risk, return, and industry structure
  Economic Policy Review, Federal Reserve Bank of New York (2007)
  by Timothy Clark & Astrid A. Dick & Beverly Hirtle & Kevin J. Stiroh & Robard Williams
  (ReDIF-article, fip:fednep:y:2007:i:dec:p:39-56:n:v.13no.3)
• Trends in financial market concentration and their implications for market stability
  Economic Policy Review, Federal Reserve Bank of New York (2007)
  by Nicola Cetorelli & Beverly Hirtle & Donald P. Morgan & Stavros Peristiani & João A. C. Santos
  (ReDIF-article, fip:fednep:y:2007:i:mar:p:33-51:n:v.13no.1)
• How Were the Basel 3 Minimum Capital Requirements Calibrated?
  Liberty Street Economics, Federal Reserve Bank of New York (2011)
  by Beverly Hirtle
  (ReDIF-paper, fip:fednls:86739)
• Using Crisis Losses to Calibrate a Regulatory Capital Buffer
  Liberty Street Economics, Federal Reserve Bank of New York (2011)
  by Beverly Hirtle
  (ReDIF-paper, fip:fednls:86772)
• CCAR: More than a Stress Test
  Liberty Street Economics, Federal Reserve Bank of New York (2012)
  by Beverly Hirtle
  (ReDIF-paper, fip:fednls:86813)
• Common Stock Repurchases during the Financial Crisis
  Liberty Street Economics, Federal Reserve Bank of New York (2013)
  by Beverly Hirtle
  (ReDIF-paper, fip:fednls:86878)
• Comparing Bank and Supervisory Stress Testing Projections
  Liberty Street Economics, Federal Reserve Bank of New York (2014)
  by Beverly Hirtle & Anna Kovner
  (ReDIF-paper, fip:fednls:86917)
• The CLASS Model: A Top-Down Assessment of the U.S. Banking System
  Liberty Street Economics, Federal Reserve Bank of New York (2014)
  by Meru Bhanot & Beverly Hirtle & Anna Kovner & James Vickery
  (ReDIF-paper, fip:fednls:86951)
• Becoming More Alike? Comparing Bank and Federal Reserve Stress Test Results
  Liberty Street Economics, Federal Reserve Bank of New York (2014)
  by Beverly Hirtle & Anna Kovner & Eric McKay
  (ReDIF-paper, fip:fednls:86958)
• Bank Capital and Risk: Cautionary or Precautionary?
  Liberty Street Economics, Federal Reserve Bank of New York (2015)
  by Beverly Hirtle & Anna Kovner & James Vickery
  (ReDIF-paper, fip:fednls:87007)
• Are BHC and Federal Reserve Stress Test Results Converging? What Do We Learn from 2015?
  Liberty Street Economics, Federal Reserve Bank of New York (2015)
  by Beverly Hirtle & Anna Kovner & Eric McKay
  (ReDIF-paper, fip:fednls:87021)
• Just Released: What Do Banking Supervisors Do?
  Liberty Street Economics, Federal Reserve Bank of New York (2015)
  by Beverly Hirtle & David O. Lucca
  (ReDIF-paper, fip:fednls:87034)
• Are BHCs Mimicking the Fed's Stress Test Results?
  Liberty Street Economics, Federal Reserve Bank of New York (2015)
  by Angela Deng & Beverly Hirtle & Anna Kovner
  (ReDIF-paper, fip:fednls:87061)
• Are Stress Tests Still Informative?
  Liberty Street Economics, Federal Reserve Bank of New York (2016)
  by Beverly Hirtle & Anna Kovner & Samantha Zeller
  (ReDIF-paper, fip:fednls:87113)
• Supervising Large, Complex Financial Institutions: Defining Objectives and Measuring Effectiveness
  Liberty Street Economics, Federal Reserve Bank of New York (2016)
  by Beverly Hirtle & David O. Lucca
  (ReDIF-paper, fip:fednls:87117)
• How Does Supervision Affect Banks?
  Liberty Street Economics, Federal Reserve Bank of New York (2016)
  by Beverly Hirtle & Anna Kovner & Matthew Plosser
  (ReDIF-paper, fip:fednls:87119)
• A Peek behind the Curtain of Bank Supervision
  Liberty Street Economics, Federal Reserve Bank of New York (2016)
  by Paul Goldsmith-Pinkham & Beverly Hirtle & David O. Lucca
  (ReDIF-paper, fip:fednls:87120)
• What Explains Shareholder Payouts by Large Banks?
  Liberty Street Economics, Federal Reserve Bank of New York (2017)
  by Beverly Hirtle
  (ReDIF-paper, fip:fednls:87220)
• How Does Supervision Affect Bank Performance during Downturns?
  Liberty Street Economics, Federal Reserve Bank of New York (2020)
  by Uyanga Byambaa & Beverly Hirtle & Anna Kovner & Matthew Plosser
  (ReDIF-paper, fip:fednls:87714)
• The Banking Industry and COVID-19: Lifeline or Life Support?
  Liberty Street Economics, Federal Reserve Bank of New York (2020)
  by Madeline Finnegan & Sarah Ngo Hamerling & Beverly Hirtle & Anna Kovner & Stephan Luck & Matthew Plosser
  (ReDIF-paper, fip:fednls:88834)
• Looking Back at 10 Years of Liberty Street Economics
  Liberty Street Economics, Federal Reserve Bank of New York (2021)
  by Beverly Hirtle
  (ReDIF-paper, fip:fednls:90323)
• Bank Profits and Shareholder Payouts: The Repurchases Cycle
  Liberty Street Economics, Federal Reserve Bank of New York (2022)
  by Beverly Hirtle & Sarah Zebar
  (ReDIF-paper, fip:fednls:95449)
• Can I Speak to Your Supervisor? The Importance of Bank Supervision
  Liberty Street Economics, Federal Reserve Bank of New York (2024)
  by Beverly Hirtle & Anna Kovner
  (ReDIF-paper, fip:fednls:98099)
• The growth of the financial guarantee market
  Quarterly Review, Federal Reserve Bank of New York (1987)
  by Beverly Hirtle
  (ReDIF-article, fip:fednqr:y:1987:i:spr:p:10-28:n:v.12no.1)
• Estimating the funding gap of the Pension Benefit Guaranty Corporation
  Quarterly Review, Federal Reserve Bank of New York (1988)
  by John A. Brehm & Arturo Estrella & Beverly Hirtle
  (ReDIF-article, fip:fednqr:y:1988:i:aut:p:45-59:n:v.13no.3)
• Financial market evolution and the interest sensitivity of output
  Quarterly Review, Federal Reserve Bank of New York (1990)
  by Beverly Hirtle & Jeanette Kelleher
  (ReDIF-article, fip:fednqr:y:1990:i:sum:p:56-70:n:v.15no.2)
• Factors affecting the competitiveness of internationally active financial institutions
  Quarterly Review, Federal Reserve Bank of New York (1991)
  by Beverly Hirtle
  (ReDIF-article, fip:fednqr:y:1991:i:spr:p:38-51:n:v.16no.1)
• Wage linkages in union bargaining settlements
  Research Paper, Federal Reserve Bank of New York (1988)
  by Beverly Hirtle
  (ReDIF-paper, fip:fednrp:8805)
• Default and liquidity risk in the junk bond market
  Research Paper, Federal Reserve Bank of New York (1988)
  by Beverly Hirtle
  (ReDIF-paper, fip:fednrp:8816)
• The implicit liabilities of the Pension Benefit Guaranty Corporation
  Research Paper, Federal Reserve Bank of New York (1989)
  by Arturo Estrella & Beverly Hirtle
  (ReDIF-paper, fip:fednrp:8905)
• Bank loan commitments and the transmission of monetary policy
  Research Paper, Federal Reserve Bank of New York (1990)
  by Beverly Hirtle
  (ReDIF-paper, fip:fednrp:9009)
• A simple model of bank loan commitments and monetary policy
  Research Paper, Federal Reserve Bank of New York (1990)
  by Beverly Hirtle
  (ReDIF-paper, fip:fednrp:9010)
• Financial market evolution and the interest sensitivity of output
  Research Paper, Federal Reserve Bank of New York (1990)
  by Beverly Hirtle & Jeanette Kelleher
  (ReDIF-paper, fip:fednrp:9013)
• Remarks at the Economic Press Briefing on Homeownership and Housing Wealth, Federal Reserve Bank of New York, New York City
  Speech, Federal Reserve Bank of New York (2018)
  by Beverly Hirtle
  (ReDIF-paper, fip:fednsp:286)
• Structural and cyclical macroprudential objectives in supervisory stress testing: remarks at The Effects of Post-Crisis Banking Reforms, Federal Reserve Bank of New York, New York City
  Speech, Federal Reserve Bank of New York (2018)
  by Beverly Hirtle
  (ReDIF-paper, fip:fednsp:290)
• The past and future of supervisory stress testing design: remarks at the 2018 Federal Reserve Stress Testing Research Conference, Federal Reserve Bank of Boston
  Speech, Federal Reserve Bank of New York (2018)
  by Beverly Hirtle
  (ReDIF-paper, fip:fednsp:295)
• Opening Remarks: Heterogeneity Blog Series Webinar
  Speech, Federal Reserve Bank of New York (2020)
  by Beverly Hirtle
  (ReDIF-paper, fip:fednsp:87583)
• The Economic Health of the Region
  Speech, Federal Reserve Bank of New York (2021)
  by Beverly Hirtle
  (ReDIF-paper, fip:fednsp:89468)
• Remarks at the Global Research Forum on International Macroeconomics and Finance
  Speech, Federal Reserve Bank of New York (2022)
  by Beverly Hirtle
  (ReDIF-paper, fip:fednsp:95157)
• How do stock repurchases affect bank holding company performance?
  Staff Reports, Federal Reserve Bank of New York (2001)
  by Beverly Hirtle
  (ReDIF-paper, fip:fednsr:123)
• Stock market reaction to financial statement certification by bank holding company CEOs
  Staff Reports, Federal Reserve Bank of New York (2003)
  by Beverly Hirtle
  (ReDIF-paper, fip:fednsr:170)
• The impact of network size on bank branch performance
  Staff Reports, Federal Reserve Bank of New York (2005)
  by Beverly Hirtle
  (ReDIF-paper, fip:fednsr:211)
• The return to retail and the performance of U.S. banks
  Staff Reports, Federal Reserve Bank of New York (2005)
  by Beverly Hirtle & Kevin J. Stiroh
  (ReDIF-paper, fip:fednsr:233)
• Credit derivatives and bank credit supply
  Staff Reports, Federal Reserve Bank of New York (2008)
  by Beverly Hirtle
  (ReDIF-paper, fip:fednsr:276)
• Public disclosure and risk-adjusted performance at bank holding companies
  Staff Reports, Federal Reserve Bank of New York (2007)
  by Beverly Hirtle
  (ReDIF-paper, fip:fednsr:293)
• Macroprudential supervision of financial institutions: lessons from the SCAP
  Staff Reports, Federal Reserve Bank of New York (2009)
  by Beverly Hirtle & Til Schuermann & Kevin J. Stiroh
  (ReDIF-paper, fip:fednsr:409)
• Assessing financial stability: the Capital and Loss Assessment under Stress Scenarios (CLASS) model
  Staff Reports, Federal Reserve Bank of New York (2014)
  by Meru Bhanot & Beverly Hirtle & Anna Kovner & James Vickery
  (ReDIF-paper, fip:fednsr:663)
• Bank holding company dividends and repurchases during the financial crisis
  Staff Reports, Federal Reserve Bank of New York (2014)
  by Beverly Hirtle
  (ReDIF-paper, fip:fednsr:666)
• Supervisory stress tests
  Staff Reports, Federal Reserve Bank of New York (2014)
  by Beverly Hirtle & Andreas Lehnert
  (ReDIF-paper, fip:fednsr:696)
• Supervising large, complex financial companies: what do supervisors do?
  Staff Reports, Federal Reserve Bank of New York (2015)
  by Thomas M. Eisenbach & Andrew F. Haughwout & Beverly Hirtle & Anna Kovner & David O. Lucca & Matthew Plosser
  (ReDIF-paper, fip:fednsr:729)
• Evaluating the information in the Federal Reserve stress tests
  Staff Reports, Federal Reserve Bank of New York (2015)
  by Mark J. Flannery & Beverly Hirtle & Anna Kovner
  (ReDIF-paper, fip:fednsr:744)
• The impact of supervision on bank performance
  Staff Reports, Federal Reserve Bank of New York (2016)
  by Beverly Hirtle & Anna Kovner & Matthew Plosser
  (ReDIF-paper, fip:fednsr:768)
• Parsing the content of bank supervision
  Staff Reports, Federal Reserve Bank of New York (2016)
  by Paul Goldsmith-Pinkham & Beverly Hirtle & David O. Lucca
  (ReDIF-paper, fip:fednsr:770)
• Bank Supervision
  Staff Reports, Federal Reserve Bank of New York (2020)
  by Beverly Hirtle & Anna Kovner
  (ReDIF-paper, fip:fednsr:89213)
• In the Trenches during the 2007-09 Financial Crisis
  On the Economy, Federal Reserve Bank of St. Louis (2021)
  by Beverly Hirtle
  (ReDIF-paper, fip:l00001:94027)
• Derivatives, Portfolio Composition, and Bank Holding Company Interest Rate Risk Exposure
  Journal of Financial Services Research, Springer;Western Finance Association (1997)
  by Beverly Hirtle
  (ReDIF-article, kap:jfsres:v:12:y:1997:i:2:p:243-266)
• Stock Market Reaction to Financial Statement Certification by Bank Holding Company CEOs
  Journal of Money, Credit and Banking, Blackwell Publishing (2006)
  by Hirtle, Beverly
  (ReDIF-article, mcb:jmoncb:v:38:y:2006:i:5:p:1263-1291)
• The challenges of risk management in diversified financial companies
  Journal of Financial Transformation, Capco Institute (2001)
  by Cumming, Christine & Hirtle, Beverly
  (ReDIF-article, ris:jofitr:1274)
• Derivatives, Portfolio Composition and Bank Holding Company Interest Rate Risk Exposure
  Center for Financial Institutions Working Papers, Wharton School Center for Financial Institutions, University of Pennsylvania (1996)
  by Beverly J. Hirtle
  (ReDIF-paper, wop:pennin:96-43)