John D. Wagster
Title
Associate Professor of Finance
Phone
313-577-4537
Office
Mike Ilitch School of Business
2771 Woodward Avenue
Room 377
Detroit, MI 48201
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.
