Peter L. Rousseau

Vanderbilt University - Department of Economics

Professor

Box 1819 Station B

Nashville, TN 37235

United States

http://www.vanderbilt.edu/econ/faculty/rousseau.html

  • Vanderbilt University - Department of Economics

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    • Tel: 615-343-2466
    • Fax: 615-343-8495
SCHOLARLY PAPERS

51

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224

CROSSREF CITATIONS

659

Scholarly Papers (51)

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1.

The Price of Wine

Journal of Financial Economics (JFE), Vol. 118, No. 2, 2015, pages 431–449
Number of pages: 50 Posted: 07 Sep 2013 Last Revised: 19 Mar 2016
Elroy Dimson, Peter L. Rousseau and Christophe Spaenjers
University of Cambridge - Judge Business School, Vanderbilt University - Department of Economics and HEC Paris - Finance Department
Downloads 2,466 (6,429)
Citation 5

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wine prices; alternative investments; price indexes; psychic return; bubbles

2.

Economic Growth and Financial Depth: Is the Relationship Extinct Already?

Downloads 819 ( 35,052)
Citation 8

Economic Growth and Financial Depth: Is the Relationship Extinct Already?

Number of pages: 26 Posted: 27 Oct 2005
Peter L. Rousseau and Paul Wachtel
Vanderbilt University - Department of Economics and New York University - Stern School of Business
Downloads 620 (50,291)
Citation 21

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finance-growth nexus, rolling regression, robustness, cross-country growth

Economic Growth and Financial Depth: Is the Relationship Extinct Already?

NYU Working Paper No. 2451/26108
Number of pages: 26 Posted: 13 Oct 2008
Peter L. Rousseau and Paul Wachtel
Vanderbilt University - Department of Economics and New York University - Stern School of Business
Downloads 199 (180,718)

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finance-growth nexus, rolling regression, robustness, cross-country growth

3.

Inflation, Financial Development and Growth

Downloads 718 ( 41,969)
Citation 6

Inflation, Financial Development and Growth

Number of pages: 14 Posted: 07 Dec 2000
Peter L. Rousseau and Paul Wachtel
Vanderbilt University - Department of Economics and New York University - Stern School of Business
Downloads 718 (41,365)
Citation 6

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Inflation, Financial Development and Growth

ECONOMIC THEORY, DYNAMICS AND MARKETS: ESSAYS IN HONOR OF RYUZO SATO, T. Negishi, R. Ramachandran, K. Mino, eds., Kluwer, 2001
Posted: 26 Jan 2001
Peter L. Rousseau and Paul Wachtel
Vanderbilt University - Department of Economics and New York University - Stern School of Business

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4.

Director Histories and the Pattern of Acquisitions

Journal of Financial and Quantitative Analysis (JFQA), Vol. 50, No. 4, 2015
Number of pages: 57 Posted: 29 Aug 2011 Last Revised: 19 Apr 2016
Peter L. Rousseau and Caleb Stroup
Vanderbilt University - Department of Economics and Davidson College
Downloads 540 (60,773)
Citation 11

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interlocking directorates, board networks, social networks, corporate governance

5.

What is Happening to the Impact of Financial Deepening on Economic Growth?

Downloads 417 ( 83,308)
Citation 77

What is Happening to the Impact of Financial Deepening on Economic Growth?

Number of pages: 24 Posted: 10 Oct 2006
Peter L. Rousseau and Paul Wachtel
Vanderbilt University - Department of Economics and New York University - Stern School of Business
Downloads 230 (157,292)
Citation 25

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finance-growth nexus, rolling regression, robustness, cross-country growth

What is Happening to the Impact of Financial Deepening on Economic Growth?

NYU Working Paper No. 2451/26077
Number of pages: 24 Posted: 13 Oct 2008
Paul Wachtel and Peter L. Rousseau
New York University - Stern School of Business and Vanderbilt University - Department of Economics
Downloads 184 (194,054)
Citation 48

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finance-growth nexus, rolling regression, robustness, cross-country growth

What is Happening to the Impact of Financial Deepening on Economic Growth?

Economic Inquiry, Vol. 49, No. 1, pp. 276-288, 2011
Number of pages: 13 Posted: 12 Jan 2011
Peter L. Rousseau and Paul Wachtel
Vanderbilt University - Department of Economics and New York University - Stern School of Business
Downloads 3 (764,987)
Citation 4
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6.

The Q-Theory of Mergers

NBER Working Paper No. w8740
Number of pages: 15 Posted: 24 Jan 2002
Boyan Jovanovic and Peter L. Rousseau
New York University - Department of Economics and Vanderbilt University - Department of Economics
Downloads 350 (101,887)
Citation 14

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7.

Inflation, Financial Development, and Growth: A Trilateral Analysis

Downloads 318 (113,311)
Citation 3

Inflation, Financial Development, and Growth: A Trilateral Analysis

Number of pages: 28 Posted: 13 Jul 2007 Last Revised: 24 Mar 2009
Peter L. Rousseau and HAKAN YILMAZKUDAY
Vanderbilt University - Department of Economics and Florida International University (FIU) - Department of Economics
Downloads 318 (112,617)
Citation 3

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Financial development, Economic growth, Inflation, Cross-country analysis

Inflation, Financial Development and Growth: A Trilateral Analysis

Economic Systems, Vol. 33, No. 4, 2009
Posted: 04 Dec 2009 Last Revised: 27 May 2010
Peter L. Rousseau and HAKAN YILMAZKUDAY
Vanderbilt University - Department of Economics and Florida International University (FIU) - Department of Economics

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Financial depth, Economic growth, Inflation, Cross-country analysis

8.

Change of Control and the Success of China's Share Issue Privatization

Number of pages: 35 Posted: 19 Dec 2006
Peter L. Rousseau and Sheng Xiao
Vanderbilt University - Department of Economics and Westminster College (Utah)
Downloads 271 (134,147)
Citation 1

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state owned enterprises, profitability, event study

9.

Inflation Thresholds and the Finance-Growth Nexus

Downloads 252 (144,446)

Inflation Thresholds and the Finance-Growth Nexus

Number of pages: 23 Posted: 25 Sep 2002
Peter L. Rousseau and Paul Wachtel
Vanderbilt University - Department of Economics and New York University - Stern School of Business
Downloads 252 (143,899)
Citation 19

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Financial development, Economic growth, Inflation, Financial repression, Cross-country regression

Inflation Thresholds and the Finance-Growth Nexus

Journal of International Money and Finance, 2002
Posted: 25 Sep 2002 Last Revised: 17 Jun 2013
Peter L. Rousseau and Paul Wachtel
Vanderbilt University - Department of Economics and New York University - Stern School of Business

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Financial development, Economic growth, Inflation, Financial repression, Cross-country regression

10.

Banks, Stock Markets, and China's 'Great Leap Forward'

Number of pages: 19 Posted: 27 Jul 2006
Peter L. Rousseau and Sheng Xiao
Vanderbilt University - Department of Economics and Westminster College (Utah)
Downloads 218 (166,132)
Citation 3

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finance-growth nexus, investment, stock markets and growth, VAR

11.

Financial Systems, Economic Growth, and Globalization

NBER Working Paper No. w8323
Number of pages: 53 Posted: 15 Jun 2001 Last Revised: 19 Mar 2002
Peter L. Rousseau and Richard Sylla
Vanderbilt University - Department of Economics and New York University - Stern School of Business, Department of Economics
Downloads 152 (228,399)
Citation 5

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12.

A Flight to Q?: Firm Investment and Financing in Korea Before and after the 1997 Financial Crisis

Number of pages: 28 Posted: 24 Oct 2006
Peter L. Rousseau and Jong-Hun Kim
Vanderbilt University - Department of Economics and Vanderbilt University - College of Arts and Science - Department of Economics
Downloads 150 (230,867)
Citation 1

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financial crisis, investment demand, panel data GMM, financing constraints

13.

General Purpose Technologies

NBER Working Paper No. w11093
Number of pages: 53 Posted: 23 Feb 2005 Last Revised: 20 Feb 2015
Boyan Jovanovic and Peter L. Rousseau
New York University - Department of Economics and Vanderbilt University - Department of Economics
Downloads 114 (284,952)
Citation 20

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14.

Monetization, Financial Development and Growth: Time Series Evidence from 22 Countries in Sub-Saharan Africa

Number of pages: 48 Posted: 19 Mar 2012 Last Revised: 07 Jun 2013
Peter L. Rousseau and Alexandra D'Onofrio
Vanderbilt University - Department of Economics and Luiss Guido Carli University - Arcelli Center for Monetary and Financial Studies (CASMEF)
Downloads 111 (290,292)
Citation 2

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real money balances, investment, real activity, vector autoregression, vector error correction model

15.

Credit Market Conditions and the Propagation of Korea's 1997 Financial Crisis

Number of pages: 35 Posted: 13 Aug 2006
Peter L. Rousseau and Jong-Hun Kim
Vanderbilt University - Department of Economics and Vanderbilt University - College of Arts and Science - Department of Economics
Downloads 100 (311,760)

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credit crunch, cost of credit intermediation, credit channel, flight to quality

16.

Financial Development, Trade Openness and Growth in the First Wave of Globalization

Downloads 96 (320,001)
Citation 1

Financial Development, Trade Openness and Growth in the First Wave of Globalization

Number of pages: 14 Posted: 06 Jul 2016
Alexandra D'Onofrio and Peter L. Rousseau
Luiss Guido Carli University - Arcelli Center for Monetary and Financial Studies (CASMEF) and Vanderbilt University - Department of Economics
Downloads 95 (324,583)
Citation 2

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finance-growth nexus, 19th century commerce, panel VAR

Financial Development, Trade Openness and Growth in the First Wave of Globalization

Comparative Economic Studies, Vol. 60, Issue 1, 2018
Number of pages: 10 Posted: 24 Apr 2018
Alexandra D'Onofrio and Peter L. Rousseau
Luiss Guido Carli University - Arcelli Center for Monetary and Financial Studies (CASMEF) and Vanderbilt University - Department of Economics
Downloads 1 (790,433)
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Finance-growth nexus, Nineteenth century commerce, Panel VAR

17.

Mergers as Reallocation

NBER Working Paper No. w9279
Number of pages: 27 Posted: 19 Oct 2002 Last Revised: 27 Jun 2012
Boyan Jovanovic and Peter L. Rousseau
New York University - Department of Economics and Vanderbilt University - Department of Economics
Downloads 83 (350,330)
Citation 9

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18.

Jacksonian Monetary Policy, Specie Flows, and the Panic of 1837

NBER Working Paper No. w7528
Number of pages: 45 Posted: 20 Feb 2000 Last Revised: 15 Oct 2010
Peter L. Rousseau
Vanderbilt University - Department of Economics
Downloads 75 (371,541)
Citation 4

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19.

Monetization and Growth in Colonial New England, 1703-1749

Downloads 72 (380,118)
Citation 4

Monetization and Growth in Colonial New England, 1703-1749

Number of pages: 20 Posted: 09 Jul 2010
Peter L. Rousseau and Caleb Stroup
Vanderbilt University - Department of Economics and Davidson College
Downloads 59 (427,513)
Citation 4

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Paper money, bills of credit, seigniorage, land bank, colonial America, Finance and growth, vector error correction model

Monetization and Growth in Colonial New England, 1703-1749

NBER Working Paper No. w16190
Number of pages: 21 Posted: 19 Jul 2010 Last Revised: 28 Sep 2010
Peter L. Rousseau and Caleb Stroup
Vanderbilt University - Department of Economics and Davidson College
Downloads 13 (682,640)

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20.

Historical Perspectives on Financial Development and Economic Growth

NBER Working Paper No. w9333
Number of pages: 49 Posted: 25 Nov 2002 Last Revised: 30 Oct 2010
Peter L. Rousseau
Vanderbilt University - Department of Economics
Downloads 72 (380,118)
Citation 2

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21.

Interest Rates and Initial Public Offerings

NBER Working Paper No. w10298
Number of pages: 24 Posted: 17 Feb 2004 Last Revised: 21 Feb 2021
Boyan Jovanovic and Peter L. Rousseau
New York University - Department of Economics and Vanderbilt University - Department of Economics
Downloads 71 (383,017)

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22.

Why Wait? a Century of Life Before IPO

NBER Working Paper No. w8081
Number of pages: 16 Posted: 13 Jan 2001 Last Revised: 31 Jan 2021
Boyan Jovanovic and Peter L. Rousseau
New York University - Department of Economics and Vanderbilt University - Department of Economics
Downloads 65 (401,443)
Citation 3

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23.

Episodes of Financial Deepening: Credit Booms or Growth Generators

Financial Systems and Economic Growth: Credit, Crises, and Regulation from the 19th Century to the Present. (P. L. Rousseau and P. Wachtel, eds.). Cambridge University Press, Forthcoming.
Number of pages: 31 Posted: 06 Jul 2016
Peter L. Rousseau and Paul Wachtel
Vanderbilt University - Department of Economics and New York University - Stern School of Business
Downloads 64 (404,617)

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finance-growth nexus, Atlantic economies, financial deepening, financial crisis

24.

Vintage Organization Capital

NBER Working Paper No. w8166
Number of pages: 33 Posted: 16 Mar 2001 Last Revised: 05 Oct 2001
Boyan Jovanovic and Peter L. Rousseau
New York University - Department of Economics and Vanderbilt University - Department of Economics
Downloads 59 (421,383)

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25.

Emerging Financial Markets and Early U.S. Growth

NBER Working Paper No. w7448
Number of pages: 56 Posted: 05 Nov 1999 Last Revised: 24 Oct 2014
Peter L. Rousseau and Richard Sylla
Vanderbilt University - Department of Economics and New York University - Stern School of Business, Department of Economics
Downloads 58 (424,872)
Citation 1

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26.

The Q-Theory of Ipos

NYU Working Paper No. S-MF-03-17
Number of pages: 29 Posted: 12 Nov 2008
Boyan Jovanovic and Peter L. Rousseau
New York University - Department of Economics and Vanderbilt University - Department of Economics
Downloads 54 (439,166)

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27.

Moore's Law and Learning-by-Doing

NBER Working Paper No. w8762
Number of pages: 31 Posted: 02 Feb 2002 Last Revised: 03 Feb 2015
Boyan Jovanovic and Peter L. Rousseau
New York University - Department of Economics and Vanderbilt University - Department of Economics
Downloads 53 (442,869)

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28.

Liquidity Effects in the Bond Market

NBER Working Paper No. w8597
Number of pages: 41 Posted: 17 Nov 2001 Last Revised: 24 Oct 2010
Boyan Jovanovic and Peter L. Rousseau
New York University - Department of Economics and Vanderbilt University - Department of Economics
Downloads 51 (450,279)

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29.

Politics on the Road to the U.S. Monetary Union

Number of pages: 31 Posted: 26 Feb 2013
Peter L. Rousseau
Vanderbilt University - Department of Economics
Downloads 48 (462,075)
Citation 1

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colonial currency, Bank of the United States, Jacksonian monetary policy, free banking, National Banking System, Federal Reserve System

30.

Historical Evidence on the Finance-Trade-Growth Nexus

NBER Working Paper No. w17024
Number of pages: 25 Posted: 09 May 2011 Last Revised: 16 May 2011
Michael D. Bordo and Peter L. Rousseau
Rutgers University, New Brunswick - Department of Economics and Vanderbilt University - Department of Economics
Downloads 43 (483,176)
Citation 1

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31.

A Common Currency: Early U.S. Monetary Policy and the Transition to the Dollar

NBER Working Paper No. w10702
Number of pages: 38 Posted: 13 Sep 2004
Peter L. Rousseau
Vanderbilt University - Department of Economics
Downloads 42 (487,559)
Citation 2

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32.

Credit Buildups and the Stock Market in Four East Asian Economies

Number of pages: 31 Posted: 21 Jun 2011
Peter L. Rousseau and Jong-Hun Kim
Vanderbilt University - Department of Economics and Vanderbilt University - College of Arts and Science - Department of Economics
Downloads 40 (496,437)
Citation 1

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credit saturation, finance and growth, East Asian financial crisis

33.

Extensive and Intensive Investment Over the Business Cycle

NBER Working Paper No. w14960
Number of pages: 29 Posted: 19 May 2009 Last Revised: 30 Oct 2010
Boyan Jovanovic and Peter L. Rousseau
New York University - Department of Economics and Vanderbilt University - Department of Economics
Downloads 38 (505,648)
Citation 3

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34.

Panic and Propagation in 1873: A Computational Network Approach

Number of pages: 43 Posted: 31 Mar 2018 Last Revised: 17 Apr 2018
Daniel Ladley and Peter L. Rousseau
University of Leicester - School of Business and Vanderbilt University - Department of Economics
Downloads 37 (510,327)

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Panic of 1873, Reserve System, Crisis, Systemic Risk, Network

35.

Share Liquidity and Industrial Growth in an Emerging Market: the Case of New England, 1854-1897

NBER Working Paper No. h0117
Number of pages: 44 Posted: 08 May 2000 Last Revised: 09 May 2000
Peter L. Rousseau
Vanderbilt University - Department of Economics
Downloads 35 (520,009)

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36.

Legal-Political Factors and the Historical Evolution of the Finance-Growth Link

NBER Working Paper No. w12035
Number of pages: 33 Posted: 04 May 2006 Last Revised: 02 Jul 2009
Michael D. Bordo and Peter L. Rousseau
Rutgers University, New Brunswick - Department of Economics and Vanderbilt University - Department of Economics
Downloads 33 (530,267)
Citation 4

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37.

Backing, the Quantity Theory, and the Transition to the U.S. Dollar, 1723-1850

NBER Working Paper No. w12835
Number of pages: 12 Posted: 20 Jan 2007 Last Revised: 29 Jul 2010
Peter L. Rousseau
Vanderbilt University - Department of Economics
Downloads 30 (546,106)
Citation 2

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38.

Banks, Free Banks, and U.S. Economic Growth

Downloads 28 (557,490)
Citation 13

Banks, Free Banks, and U.S. Economic Growth

NBER Working Paper No. w18021
Number of pages: 39 Posted: 28 Apr 2012 Last Revised: 29 Mar 2021
Matthew Jaremski and Peter L. Rousseau
Utah State University - Huntsman School of Business and Vanderbilt University - Department of Economics
Downloads 27 (579,387)
Citation 2

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Banks, Free Banks, and U.S. Economic Growth

Economic Inquiry, Vol. 51, Issue 2, pp. 1603-1621, 2013
Number of pages: 19 Posted: 27 Feb 2013
Matthew Jaremski and Peter L. Rousseau
Utah State University - Huntsman School of Business and Vanderbilt University - Department of Economics
Downloads 1 (790,433)
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39.

Business Activity and the Boston Stock Market, 1835-1869

NBER Working Paper No. h0103
Number of pages: 55 Posted: 20 Jul 2000
Jeremy Atack and Peter L. Rousseau
Vanderbilt University - College of Arts and Science - Department of Economics and Vanderbilt University - Department of Economics
Downloads 28 (557,490)
Citation 4

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40.

Monetary Policy and the Dollar

NBER Working Paper No. w14993
Number of pages: 42 Posted: 26 May 2009 Last Revised: 05 Aug 2010
Peter L. Rousseau
Vanderbilt University - Department of Economics
Downloads 27 (563,351)

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41.

The Dawn of an ‘Age of Deposits’ in the United States

NBER Working Paper No. w21503
Number of pages: 39 Posted: 31 Aug 2015 Last Revised: 04 Apr 2021
Matthew Jaremski and Peter L. Rousseau
Utah State University - Huntsman School of Business and Vanderbilt University - Department of Economics
Downloads 17 (628,838)
Citation 1

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42.

The Market for Bank Stocks and the Rise of Deposit Banking in New York City, 1866-1897

NBER Working Paper No. w15770
Number of pages: 33 Posted: 22 Feb 2010 Last Revised: 06 Aug 2010
Peter L. Rousseau
Vanderbilt University - Department of Economics
Downloads 17 (628,838)

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43.

Government, Openness and Finance: Past and Present

NBER Working Paper No. w16462
Number of pages: 28 Posted: 18 Oct 2010
Panicos Demetriadis and Peter L. Rousseau
affiliation not provided to SSRN and Vanderbilt University - Department of Economics
Downloads 16 (635,770)

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44.

Specific Capital and Technological Variety

NBER Working Paper No. w13998
Number of pages: 29 Posted: 16 May 2008 Last Revised: 02 Apr 2021
Boyan Jovanovic and Peter L. Rousseau
New York University - Department of Economics and Vanderbilt University - Department of Economics
Downloads 14 (650,060)

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45.

American Banking and the Transportation Revolution Before the Civil War

NBER Working Paper No. w20198
Number of pages: 60 Posted: 11 Jun 2014
Jeremy Atack, Matthew Jaremski and Peter L. Rousseau
Vanderbilt University - College of Arts and Science - Department of Economics, Utah State University - Huntsman School of Business and Vanderbilt University - Department of Economics
Downloads 9 (686,774)
Citation 2

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46.

Did Railroads Make Antebellum U.S. Banks More Sound?

NBER Working Paper No. w20032
Number of pages: 40 Posted: 14 Apr 2014 Last Revised: 28 Mar 2021
Jeremy Atack, Matthew Jaremski and Peter L. Rousseau
Vanderbilt University - College of Arts and Science - Department of Economics, Utah State University - Huntsman School of Business and Vanderbilt University - Department of Economics
Downloads 9 (686,774)

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47.

Jackson, the Bank War, and the Legacy of the Second Bank of the United States

Number of pages: 15 Posted: 18 Feb 2021
Peter L. Rousseau
Vanderbilt University - Department of Economics
Downloads 6 (709,129)

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Bank of the United States, Jacksonian monetary policy, central banking, Federal Reserve.

48.

Private Equity and Growth

NBER Working Paper No. w28030
Number of pages: 54 Posted: 02 Nov 2020 Last Revised: 01 Feb 2021
Boyan Jovanovic, Sai Ma and Peter L. Rousseau
New York University - Department of Economics, Board of Governors of the Federal Reserve System and Vanderbilt University - Department of Economics
Downloads 3 (732,795)
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49.

Government, Openness and Finance: Past and Present

The Manchester School, Vol. 79, pp. 98-115, 2011
Number of pages: 18 Posted: 02 Sep 2011
Panicos Demetriades and Peter L. Rousseau
University of Leicester - Department of Economics and Vanderbilt University - Department of Economics
Downloads 3 (732,795)
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50.

The Permanent Effects of Innovation on Financial Depth: Theory and U.S. Historical Evidence from Unobservable Components Models

Journal of Monetary Economics, Vol. 42, No. 2, October 1998
Posted: 19 Sep 1998
Peter L. Rousseau
Vanderbilt University - Department of Economics

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51.

Financial Intermediation and Economic Performance: Historical Evidence from Five Industrialized Countries

Journal of Money, Credit and Banking, Vol. 30, No. 3, Part 2 (November 1998)
Posted: 13 Apr 1998
Peter L. Rousseau and Paul Wachtel
Vanderbilt University - Department of Economics and New York University - Stern School of Business

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