Contact Information
202-452-2919
timothy.h.hannan@frb.gov

Fields of Interest
Industrial Organization
Banking and Financial Institutions
Microeconomics

Education
Ph.D., Economics, University of Wisconsin, 1974
M.A., Economics, University of Wisconsin, 1972
B.A., Economics, University of Washington, 1967

Professional Experience
Board of Governors of the Federal Reserve System, 1983-present
Economist, Federal Reserve Bank of Philadelphia, 1974-1981
Associate Professor, Arizona State University, 1981-1983

Selected Publications

• ''Incompatibility and Investment in ATM Networks'' (with Ron Borzekowski), Review of Network Economics, vol. 6 (2007), pp. 1-15.
• ''ATM Surcharge Bans and Bank Market Structure: The Case of Iowa and its Neighbors,'' Journal of Banking and Finance, vol. 31 (April 2007), pp. 1061-82.
• ''Retail Deposit Fees and Multimarket Banking,'' Journal of Banking and Finance, vol. 30 (2006), pp. 2561-78.
• ''Commercial Lending and Distance: Evidence from Community Reinvestment Act Data'' (with Kenneth Brevoort), Journal of Money, Credit, and Banking, vol. 38 (December 2006), pp. 1991-2012.
• ''The Competitive Implications of Multimarket Bank Branching'' (with Robin Prager), Journal of Banking and Finance, vol. 28 (2004).
• ''To Surcharge or Not to Surchare: An Empirical Investigation of ATM Pricing'' (with Elizabeth K. Kiser, Robin A. Prager, and James J. McAndrews), Review of Economics and Statistics (November 2003), pp. 990-1002.
• ''Do Substantial Horizontal Mergers Generate Significant Price Effects? Evidence from the Banking Industry'' (with Robin A. Prager), Journal of Industrial Economics, vol. 46 (December 1998), pp. 433-52.
• ''The Efficiency Cost of Market Power in the Banking Industry: A Test of the 'Quiet Life' and Related Hypotheses'' (with Allen N. Berger), Review of Economics and Statistics, vol. 80 (August 1998), pp. 454-65.
• ''Discrimination, Competition, and Loan Performance in FHA Mortgage Lending'' (with James A. Berkovec, Glenn B. Canner, and Stuart Gabriel), Review of Economics and Statistics, vol. 80 (May 1998), pp. 241-50.
• ''Inferring Market Power from Time-Series Data: The Case of the Banking Indusry'' (with J. Nellie Liang), International Journal of Industrial Organization, vol. 11 (1993).
• ''The Rigidity of Prices: Evidence from the Banking Industry'' (with Allen N. Berger), The American Economic Review, vol. 81 (September 1991), pp. 938-45.
• ''Bank Commercial Loan Markets and the Role of Market Structure: Evidence from Surveys of Commercial Lending,'' Journal of Banking and Finance, vol. 15 (February 1991).
• ''The Impact of Technology Adoption on Market Structure'' (with John McDowell), Review of Economics and Statistics, vol. 72 (February 1990).
• ''The Price-Concentration Relationship in Banking'' (with Allen Berger), Review of Economics and Statistics, vol. 71 (May 1989).
• ''Bank Insolvency Risk and the Market for Large Certificates of Deposit'' (with Gerald Hanweck), Journal of Money, Credit, and Banking, vol. 20 (May 1988).
• ''Sex Discrimination and Product Market Competition: The Case of the Banking Industry'' (with Orley Ashenfelter), Quarterly Journal of Economics, vol. 101 (February 1986), pp. 149-73.
• ''The Determinants of Technology Adoption: The Case of the Banking Firm'' (with John M. McDowell), The Rand Journal of Economics, vol. 15 (Fall 1984), pp. 328-35.
• ''Expense Preference and Managerial Control: The Case of the Banking Firm'' (with Ferdinand Mavinga), The Bell Journal of Economics, vol. 11 (Fall 1980).