Gayle L. DeLong
Assistant Professor of Economics and Finance
Education:
BA American University Economics 1980 MA University of South Carolina International Business Studies 1984 PhD Stern School of Business, NYU Finance and International Business 1998
Areas of Expertise:
International Finance, Financial Institutions, Money and Banking
Selected Publications:
Stockholder Gains from Focusing versus Diversifying Bank Mergers." Journal of Financial Economics, 59 (2): 221-52, 2001."The Geographic Location of Risk and Cross-Border Bank Mergers" (with Y. Amihud and A. Saunders). Forthcoming in the Journal of International Money and Finance .
"Does Long-Term Performance of Mergers Match Market Expectations? Evidence from the U.S. Banking Industry." Forthcoming in Financial Management .
"Determinants of Cross-Border Bank Mergers: Is Europe Different? with Claudia Buch. Forthcoming in proceedings of the Bundesbank Conference on "Foreign Direct Investment in the Real and Financial Sector of Industrial Countries".
Academic Activities:
Former Instructor, Finance Department, New York University.
Professional Activities:
DeLong, G. and Saunders, A. “Did the Introduction of Fixed-Rate Federal Deposit Insurance Increase Long-Term Bank Risk-Taking?” Journal of Financial Stability, forthcomingBuch, C. and DeLong, G. “Do Weak Supervisory Systems Encourage Bank Risk-Taking?” Journal of Financial Stability, 2008, 4, 23-39.
DeLong, G. and DeYoung, R. “Learning by Observing: Information Spillovers in the Execution and Valuation of Commercial Bank M&As” Journal of Finance, 2007, 62, 181-216.
Berger, A., Buch, C., DeLong, G., and DeYoung, R. “Exporting Financial Institutions Management via Foreign Direct Investment Mergers and Acquisitions,” Journal of International Money and Finance, 2004, 23, 333-366.
Buch, C. and DeLong G. “Cross-Border Bank Mergers: What Lures the Rare Animal?” Journal of Banking and Finance, 2004, 28, 2077-2102.
Awards, Honors, etc.:
Zicklin Fellow, Zicklin School of Business, Baruch College, 2001.Outstanding Teaching Award, New York University, 1997.
Doctoral Fellowships, New York University, 1992-94.