John D. Wagster

John D. Wagster

Title

Associate Professor of Finance

Phone

313-577-4537

Email

ad4437@wayne.edu

John D. Wagster

Academic Programs

  • Finance

Expertise

 International bank regulation, Deposit insurance, Capital regulation

Research and teaching interests

Research

  • International Bank Regulation
  • International Finance¬†
  • Monetary Policy and Deposit Insurance Issues

Teaching

  • Banking and Depository Institutions
  • Corporate Finance
  • International Finance
  • International Banking

Education

  • Ph.D. in Finance,Texas A&M University, 1992
  • MS in Finance, Texas A&M University, 1986
  • BS in Transportation, The University of Tennessee, 1974

Biography

Professional experience

  • Wayne State University, 1997-present, Associate Professor of Finance.
  • Wayne State University, 1992-1997,¬† Assistant Professor of Finance.
  • Texas A&M University, 1988-1992, Teaching and Research Assistant.
  • Wagster, Wagster and Gypsy, Bryan/College Station, TX, 1981-1988. Contracting/consulting.
  • Roadway Systems, Springfield, MO/Nashville, TN, 1977-1981. Front line management.
  • Ralston Purina Company, St. Louis, MO, 1974-1977. Company executive.

Memberships

  • American Finance Association
  • Beta Gamma Sigma
  • Financial Management Association
  • Southern Finance Association

Publications

  • Canadian Bank Capital During the Great Depression of the 1930s: A Comparison to the Basel III Requirements, Journal of Bank Regulation, 13 (2012), 89-98.
  • Wealth and Risk Effects of Adopting Deposit Insurance in Canada: Evidence of Risk Shifting by Banks and Trust Companies, Journal of Money, Credit and Banking, 39 (October 2007), 1649-1679.
  • The Wealth Effect of Risk-Based Capital Regulation on the Life Insurance Industry, Journal of Insurance Regulation, 21 (Fall 2002), 29-42, with R.M. Shelor and R.C. Wolf.
  • Dividend Imputation and Shareholder Wealth: The Case of New Zealand, Journal of Business Finance and Accounting, 29 (Sept./Oct., 2002), 1079-1104, with A. Prevost and R.P. Rao.
  • The Basle Accord of 1988 and the International Credit Crunch of 1989-1992, Journal of Financial Services Research, 15 (March 1999), 123-143.
    • Reprinted in The Regulation and Supervision of Banks, Maximilian J.B. Hall, editor, (Edward Elger Publishing Limited, United Kingdom: August 2001). This volume is part of The International Library of Critical Writings in Economics series.
  • The Causality Effects of the Federal Reserve's Monetary Policy on U.S. and Eurodollar Interest Rates, The Financial Review, 32 (November 1997), 185-208, with M. Mougoue.
  • Impact of the 1988 Basle Accord on International Banks, Journal of Finance, 51 (September 1996), 1321-1346.
    • Won the 1993 Southern Finance Association's outstanding paper award in the area of international finance.
    • Abstracted in the Proceedings of the 32nd Annual Conference on Bank Structure and Competition, Rethinking Bank Regulation: What Should Regulators Do? (May 1996). Federal Reserve Bank of Chicago.
    • Abstracted in Contemporary Finance Digest: An Overview of Recent Finance Literature, 1 (Autumn 1997), 71-72.
    • Reprinted in International Securities (Volume 1, Part VI, International Banking), George Philippatos and Gregory Koutmos, editors (Edward Elgar Publishing Limited, United Kingdom: June 2001). Contained in the series The International Library of Critical Writings in Financial Economics, Richard Roll, editor.
    • Reprinted in The Regulation and Supervision of Banks, Maximilian J.B. Hall, editor (Edward Elger Publishing Limited, United Kingdom: August 2001). This volume is part of The International Library of Critical Writings in Economics series.
  • Market Reaction to National Discretion in Implementing the Basle Accord, Journal of Financial Research, 19 (Fall1996), 339-357, with J.W. Kolari and S.K. Cooper.
  • The Information Content of Discount Rate Announcements Revisited, Journal of Money, Credit and Banking, 25 (February 1993), 132-137.
  • A Note on the Stock Market Effects of the Adoption of Risk-Based Capital Requirements on International Banks in Different Countries, Journal of Banking and Finance, 15 (April 1991), 367-381, with S.K. Cooper and J.W. Kolari.

Presentations

  • Financial Management Assocation, Denver, CO, October 19 - 22, 2011. Market and Economic Volatility and the Failure of Bank Diversification.
  • Financial Management Association European Conference, Turin, Italy, June 3-5, 2009. Canadian-Bank Stability during the Great Depression: The Role of Banking Consolidation and Safety-Net Support.
  • Southern Finance Association, Key West, FL, November 20 - 22, 2008. Canadian-Bank Stability during the Great Depression: The Role of Banking Consolidation and Safety-Net Support.
  • European Financial Management Association, Athens, Greece, June 25 - 28, 2008. Canadian-Bank Stability during the Great Depression: The Role of Banking Consolidation and Safety-Net Support.
  • Financial Management Association European Conference, Prague, Czech Republic, June 4-6, 2008. Canadian-Bank Stability during the Great Depression: The Role of Banking Consolidation and Safety-Net Support.
  • Southern Finance Association, Charleston, SC, November 14-17, 2007. Canadian Bank Stability during the Great Depression: The Role of Bank Note Issuance and Finance-Act Advances.
  • European Financial Management Association, Madrid, Spain, June 28 - July 1, 2006. Wealth and Risk Effects of Adopting Deposit Insurance in Canada: Evidence of Risk Shifting by Banks and Trust Companies.