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Photo of Sally M. Davies

Sally M. Davies

Adviser Program Direction Section International Finance
202-452-2908
sally.m.davies@frb.gov

Education

  • Ph.D., Economics, University of Wisconsin, 1986
  • Deputy Associate Director

    Board of Governors of the Federal Reserve System

    2017 - present
  • Senior Adviser

    Board of Governors of the Federal Reserve System

    2012 - 2017
  • Adviser

    Board of Governors of the Federal Reserve System

    2011 - 2012
  • Section Chief

    Board of Governors of the Federal Reserve System

    1999 - 2010
  • Senior Economist

    Board of Governors of the Federal Reserve System

    1997 - 1999
  • Economist

    Board of Governors of the Federal Reserve System

    1986 - 1997
  • Bowman, David, Fang Cai, Sally Davies, and Steven Kamin (2015). "Quantitative Easing and Bank Lending: Evidence from Japan," Journal of International Money and Finance, vol. 57, pp. 15-30.
  • Berger, Allen, N., Sally M. Davies, and Mark J. Flannery (1998). "Comparing Market and Supervisory Assessments of Bank Performance: Who Knows What When?" Finance and Economics Discussion Series 32. Board of Governors of the Federal Reserve System (U.S.).
  • Davies, Sally M. (1993). "The Effect Of Bank-Holding Company Ownership On Bank Capital - Are Bank-Holding Companies Sources Of Strength," Journal Of Finance, vol. 48, no. 3, pp. 1080-1081.
  • Bowman, David, Fang Cai, Sally M. Davies, and Steven Kamin (2011). "Quantitative Easing and Bank Lending: Evidence from Japan," International Finance Discussion Papers 1018. Board of Governors of the Federal Reserve System (U.S.).
  • Berger, Allen N., Sally M. Davies, and Mark J. Flannery (2000). "Comparing Market and Supervisory Assessments of Bank Performance: Who Knows What When?" Journal of Money, Credit, and Banking, vol. 32, no. 3, pp. 641-667.
  • Berger, Allen N., and Sally M. Davies (1998). "The Information Content of Bank Examinations," Journal of Financial Services Research, vol. 14, no. 2, pp. 117-144.
  • Davies, Sally M., and Douglas A. McManus (1991). "The Effects of Closure Policies on Bank Risk-Taking," Journal of Banking and Finance, vol. 15, no. 4-5, pp. 917-938.
  • Davies, Sally M. (1991). "Dynamic Price Competition, Briefly Sunk Costs, and Entry Deterrence," RAND Journal of Economics, vol. 22, no. 4, pp. 519-530.

  • conference

    August 2010

    Irving Fisher Committee, Bank for International Settlements. Conference on "Initiatives to Address Data Gaps Revealed by the Financial Crisis."

    Banking System Soundness during the Financial Crisis

  • conference

    August 2008

    Irving Fisher Committee, Bank for International Settlements. Conference on "Measuring Financial Innovation and Its Impact."

    Cross-border Derivatives Exposures: How Global are Derivatives Markets?

Last update: November 20, 2019