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Board of Governors of the Federal Reserve System
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Research Staff and Resources

Monetary Affairs Staff | Banking Analysis Section
William F. Bassett
Assistant Director
Division of Monetary Affairs
Chief, Banking Analysis Section

Fields of Interest
Banking and Financial Institutions
Public Economics
Econometrics and Statistics

Education
Ph.D., Economics, Brown University, 1999
M.A., Economics, Brown University, 1996
B.S., Economics, Rensslaer Polytechnic Institute, 1992

Professional Experience
Board of Governors of the Federal Reserve System, 1999-present
Assistant Economist, Federal Reserve Bank of New York, 1992-1995

Selected Publications

  • ''Recent Developments in Business Lending at Commercial Banks,'' Federal Reserve Bulletin, vol. 89 (December 2003), pp. 477-492.
  • ''Profits and Balance Sheet Developments at US Commercial Banks in 2007'' (with Thomas King), Federal Reserve Bulletin, vol. 94 (June 2008), pp. A1-A39.
  • ''Medicaid's Nursing Home Benefit and Asset Transfers,'' Public Finance Review, vol. 35 (May 2007), pp. 414-439.
  • ''The Economic Performance of Small Banks, 1985-2000'' (with Thomas Brady), Federal Reserve Bulletin, vol. 87 (November 2001), pp. 719-28.
  • ''Probability Limits: Are Subjective Assessments Adequately Accurate?'' (with Robin L. Lumsdaine), Journal of Human Resources, vol. 36 (Spring 2001), pp. 327-63.
  • ''Profits and Balance Sheet Developments at U.S. Commercial Banks in 2001'' (with Mark Carlson), Federal Reserve Bulletin, vol. 88 (June 2002), pp. 259-88.
  • Dissertation: Medicaid, Financial Transfers, and Expectations of the Elderly. Brown University: Brown University, 1999.
  • ''Income Distribution, Government Transfers, and the Problem of Unequal Influence'' (with John P. Burkett and Putterman, Louis), European Journal of Political Economy, vol. 15 (June 1999), pp. 207-28.
  • ''How Workers Use 401(k) Plans: The Participation, Contribution, and Withdrawal Decisions'' (with Michael J. Flemming and Anthony P. Rodrigues), National Tax Journal, vol. 51 (June 1998), pp. 263-89.

Last update: September 2, 2010