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Photo of Sally M. Davies

Sally M. Davies

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

Education

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

    Board of Governors of the Federal Reserve System

    2020 - present
  • Deputy Associate Director

    Board of Governors of the Federal Reserve System

    2017 - 2020
  • 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
  • Quantitative Easing and Bank Lending: Evidence from Japan
    David Bowman, Fang Cai, Sally Davies, and Steven Kamin
    Journal of International Money and Finance (2015)
    https://doi.org/10.1016/j.jimonfin.2015.05.002
    See also » FRB Working Paper (2011)
  • Comparing Market and Supervisory Assessments of Bank Performance: Who Knows What When?
    Allen N. Berger, Sally M. Davies, and Mark J. Flannery
    Journal of Money, Credit and Banking (2000)
    https://doi.org/10.2307/2601200
    See also » FRB Working Paper (1998)
  • The Information Content of Bank Examinations
    Allen N. Berger and Sally M. Davies
    Journal of Financial Services Research (1998)
    https://doi.org/10.1023/A:1008011312729
  • The Effect of Bank-Holding Company Ownership On Bank Capital - Are Bank-Holding Companies Sources of Strength
    Sally M. Davies
    Journal of Finance (1993)
    https://doi.org/10.1111/j.1540-6261.1993.tb04030.x
  • The Effects of Closure Policies on Bank Risk-Taking
    Sally M. Davies and Douglas A. McManus
    Journal of Banking & Finance (1991)
    https://doi.org/10.1016/0378-4266(91)90106-V
  • Dynamic Price Competition, Briefly Sunk Costs, and Entry Deterrence
    Sally M. Davies
    RAND Journal of Economics (1991)

  • 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: February 22, 2022