Contact Information
robert.m.adams@frb.gov

Fields of Interest
Banking and Financial Institutions
Industrial Organization
Econometrics and Statistics

Education
Ph.D., Econometrics, Rice University, 1997
M.A., Economics, Georg August Universitaet, 1992
B.A., Economics, German, University of California at Berkeley, 1989

Professional Experience
Board of Governors of the Federal Reserve System, 2000-present
Economist, Department of Justice, 1997-2000

Selected Publications

• The Effects of Past Entry, Market Consolidation, and Expansion by Incumbents on the Probability of Entry (with Dean F. Amel), Finance and Economics Discussion Series 2007-51. Washington: Board of Governors of the Federal Reserve System, 2007.
• ''Semi-Parametric Efficient Distribution Free Estimation of Panel Models'' (with Robin C. Sickles), Communications in Statistics: Theory and Methods, vol. 36 (2007).
• ''The Value of Location in Bank Competition: Examining the Effect of Wal-Mart Branches'' (with Robert B. Avery and Ron Borzekowski), Proceedings of the 43rd Annual Conference on Bank Structure and Competition: The Mixing of Banking and Commerce (2007).
• ''Who Competes with Whom? The Case of Depository Institutions'' (with Kenneth P. Brevoort and Elizabeth K. Kiser), Journal of Industrial Economics, vol. 55 (March 2007), pp. 141-167.
• ''Banking: An Industry in Transition,'' in Victor J. Tremblay and Carol Horton Tremblay, eds., Industry Studies, 4th Edition. Armonk, NY: M.E. Sharpe, 2007.
• The Effects of Local Banking Market Structure on the Bank-Lending Channel of Monetary Policy (with Dean F. Amel), Finance and Economics Discussion Series 2005-16. Washington: Board of Governors of the Federal Reserve System, 2005.
• ''Scale Economies, Scope Economies, and Technical Change in Federal Reserve Payment Processing '' (with Paul W. Bauer and Robin C. Sickles), Journal of Money, Credit, and Banking, vol. 36 (October 2004), pp. 943-958.
• Market Power in Outputs and Inputs: An Empirical Application to Banking (with Lar-Hendrik Roeller and Robin C. Sickles), Finance and Economics Discussion Series 2002-52. Washington: Board of Governors of the Federal Reserve System, 2002.
• ''Semiparametric Approaches to Stochastic Panel Frontiers With Applications in Banking Industry'' (with Allen N. Berger and Robin C. Sickles), Journal of Business and Economics Statistics, vol. 17 (July 1999), pp. 349-58.
• ''Computation and Inference in Semiparametric Efficient Estimation '' (with Robin C. Sickles), Advances in Computational Economics , vol. 6 (1997), pp. 57-70.