Background
Cargill, Thomas Frank was born on May 24, 1942 in Oakland, California, United States. Son of Otto Oscar and Jennie (Marchi) Cargill.
(This text provides coverage of a wide range of financial ...)
This text provides coverage of a wide range of financial issues, especially deregulation, financial innovation, deposit insurance and the thrift problem. Retaining the easy-to-read format of previous editions, the fourth edition has been extensively updated and takes a policy rather than a theoretical orientation.
http://www.amazon.com/gp/product/0136014100/?tag=2022091-20
(This book discusses the transition of finance and money i...)
This book discusses the transition of finance and money in Japan and the United States from the 1970s through the first few months of 1987. The similarities are noted here, but the differences are emphasized. The financial changes that have occurred in both countries are particularly important today and deserve close study on the basis of the size of the two economies and their impact on world markets, their relative macroeconomic performance since 1975, and the role financial issues have come to play in proposals dealing with the massive trade imbalances that emerged after 1980.
http://www.amazon.com/gp/product/0817987223/?tag=2022091-20
( Japan's financial institutions and policy underwent rem...)
Japan's financial institutions and policy underwent remarkable change in the past decade. The country began the 1990s with a heavily regulated financial system managed by an unchallenged Ministry of Finance and ended the decade with a Big Bang financial market reform, a complete restructuring of its regulatory financial institutions, and an independent central bank. These reforms have taken place amid recession and rising unemployment, collapsing asset prices, a looming banking crisis, and the lowest interest rates in the industrial world.This book analyzes how the bank-dominated financial system--a key element of the oft-heralded "Japanese economic model"--broke down in the 1990s and spawned sweeping reforms. It documents the sources of the Japanese economic stagnation of the 1990s, the causes of the financial crisis, the slow and initially limited policy response to banking problems, and the reform program that followed. It also evaluates the new financial structure and reforms at the Bank of Japan in light of the challenges facing the Japanese economy. These challenges range from conducting monetary policy in a zero-interest rate environment characterized by a "liquidity trap" to managing consolidation in the Japanese banking sector against the backdrop of increasing international competition.
http://www.amazon.com/gp/product/0262032856/?tag=2022091-20
(The book provides an overview of the Postal Savings Syste...)
The book provides an overview of the Postal Savings System and the Fiscal Investment and Loan Program. These institutions are a major feature of Japanese finance, not extensively discussed outside of Japan. Together, they represent a wide-ranging system of government financial intermediation that is increasingly incompatible with Japan's early efforts to develop a modern financial system and help reverse the economic and financial decline that started in the early 1990s. The book is a mixture of policy, institutional, and quantitative analysis.
http://www.amazon.com/gp/product/0199257345/?tag=2022091-20
Cargill, Thomas Frank was born on May 24, 1942 in Oakland, California, United States. Son of Otto Oscar and Jennie (Marchi) Cargill.
Associate of Arts, City College San Francisco, 1962. Bachelor of Science in Economics, University San Francisco, 1964. Master of Arts in Economics, University California, Davis, 1965.
Doctor of Philosophy, University California, Davis, 1968.
Lector, University California Davis,
1968-1969. Visiting Lector, Cal State University, Sacramento, 1969. Assistant Professor, Purdue University, Indiana, 1969-1973.
Association Professor, University Nevada, 1973-1978. Visiting Scholar, Comptroller Currency, Washington, District of Columbia, 1980. Visiting Professor, University Cal Davis, 1982,1983.
Visiting Scholar, Hoover Institute, Institution, Stanford University, 1983. Bank of Japan, Toyko,Japan,1984. Professor of Economics, University Nevada, Reno, Nevada, United States of America, since 1978.
(This text provides coverage of a wide range of financial ...)
(This book discusses the transition of finance and money i...)
(The book provides an overview of the Postal Savings Syste...)
( Japan's financial institutions and policy underwent rem...)
Author: Money, the Financial System, and Monetary Policy, 1991. (with Gillian G. Garcia) Financial Reform in the 1980's, 1985. (with Shoichi Royama) The Transition of Finance in Japan and the United States, 1988, Central Bank Independence and Regulatory Responsibilities: The Bank of Japan and the Federal Reserve, 1989.(with Michael Hutchison and Takatoshi Ito) The Political Economy of Japanese Monetary Policy, 1997, Financial Policy and Central Banking in Japan, 2000, (with Naoyuki Yoshino) Postal Savings and Fiscal Investment in Japan: The PSS and the FILP, 2003.
My interest has focussed on two major areas: monetary/financial economics and applied econometrics. In addition, I have been interested in the historical development of economics. Early work applied a variety of econometric methods to the wage-price relationship, interest rates, commodity markets, long-swings, and monetary impacts on the economy.
Interest then shifted to methodological issues regarding time and frequency domain distributed lag estimators and alternative ways of incorporating timevarying behaviour into econometric models. In the late 1970s, interest focussed more specifically on financial markets and institutions, portfolio optimisation, and methods to analyse regulatory impacts on commercial banks. As a result of my experience at the Comptroller of the Currency at the time the Depository Institutions Deregulation and Monetary Control Act was enacted, major effort has been devoted to the study of financial reform both from a domestic and international perspective.
Overall, my interest has focussed on policy issues and the need to apply welldesigned quantitative methods for their analysis.
At the same time, institutional and historical perspectives have been important. This is reflected by my work on the history of spectral methods, Warburton’s role in the development of monetarism, the historical development of financial reform, and the financial reform process in the 1980s.
Member American Economic Association.
Married Mary Jean Medeiros, August 9, 1964. 1 child, Michele Anne.