Kevin T. Jacques is the Boynton D. Murch Chair in Finance at Baldwin-Wallace College. Prior to joining the faculty at B-W, Dr. Jacques spent 14 years as an economist with the U.S. Treasury Department in Washington, D.C., where he was responsible for advising Treasury and Bush Administration officials on economic and financial policy issues. While at Treasury, Dr. Jacques also advised representatives of foreign governments on matters of international banking and financial policy. In 1994, he served on the President’s Working Group on Financial Markets examining systemic risk in financial markets.
Dr. Jacques’ research has been published in numerous journals and books and has been presented at the Federal Reserve Bank of New York, the Federal Reserve Bank of Chicago, and to the Basel Committee on Banking Supervision.
He holds a Ph.D. in Economics from Michigan State University.
Publications
“The International Transmission of Capital Shocks: Implications of a Revised Basel Accord for Developing Countries,” Capital Markets, Globalization, and Economic Development, Innovations in Financial Markets and Institutions, Vol. 15, Benton Gup ed., Springer Publishing Co., 2005, pp. 31 - 43.
“Bank Lending and the Effectiveness of Monetary Policy Under a Revised Basel Accord,” (with David Schirm), The New Basel Capital Accord, Benton Gup ed., Thomson Publishing Co., 2004, pp. 217 – 238.
“An Application of Unit Root Tests with Structural Break to Risk-Based Capital and Bank Portfolio Composition,” Southern Economic Journal, April 2003, pp. 978-989.
“The Impact of FDICIA and Prompt Corrective Action on Bank Capital and Risk: Estimates Using a Simultaneous Equations Model,” (with Raj Aggarwal), Journal of Banking and Finance, July 2001, 1139-1160.
“The Relationship Between Bank Off-Balance Sheet Activities and Credit Risk Under Risk-Based Capital: A Simultaneous Equations Approach,” (with Raj Aggarwal and Tara Rice), Proceedings from a Conference on Bank Structure and Competition, Federal Reserve Bank of Chicago, May 2000, pp.377-394.
“Financial Turmoil, Failed Bank Acquisitions and Bank Business Lending Behavior,” (with Peter Nigro), Journal of Financial Services Research, Vol. 17, No. 2, August 2000, pp. 149-164.
“Assessing the Impact of Prompt Corrective Action on Bank Capital and Risk,” (with Raj Aggarwal). Federal Reserve Bank of New York, Economic Policy Review, Vol. 4, No. 3, October 1998, pp. 23-32.
“Risk-Based Capital, Portfolio Risk, and Bank Capital: A Simultaneous Equations Approach,” (with Peter Nigro). Journal of Economics and Business, Vol. 49, No. 6, November/December 1997, pp. 533-547. Reprinted in The Regulation and Supervision of Banks, M. Blaug, ed. 2001.
“Appendix: Federal Reserve Reaction to Constituency Pressures,” (with Bernard Shull). Journal of Post Keynesian Economics, Vol. 18, No. 2, Winter 1995-96, pp. 223-25.
“Unit Roots, Interest Rate Spreads, and Inflation Forecasts.” Applied Economics, Vol. 27, No. 7, July 1995, pp. 605-08.
“Failed Bank Acquisitions and Lending Activity,” (with Peter Nigro). Business Economics, Vol. 30, No. 3, July 1995, pp. 57-61.
“How Did Banks React to the Risk-Based Capital Standards?” (with Peter Nigro). Quarterly Journal, Office of the Comptroller of the Currency, Vol. 13, No. 4, December 1994, pp. 11-16.
“Failed Bank Acquisitions and Lending Activity,” (with Peter Nigro). Quarterly Journal, Office of the Comptroller of the Currency, Vol. 13, No. 2, June 1994, pp. 11-16.
Classes taught
- Corporate and Organizational Finance – BUS 342
- Principles of Investment – BUS 445
- Financial Management – BUS 545
- Macroeconomics for Managers – BUS 581
- Multinational Corporations & International Trade – BUS 625
275 Eastland Rd.