Publications:

Rebel A. Cole and Jason Damm. 2020. How did the financial crisis affect small-business lending in the U.S.?. Journal of Financial Research, In Press.

Rebel A. Cole, Travis Davidson, and Hongxia Wang. 2020. Why do bank holding companies purchase bank-owned life insurance?. Review of Quantitative Finance and Accounting, In Press.

Rebel A. Cole, Iannos Floros and Vladimir Ivanov. 2018. Reducing uncertainty through a two-stage IPO. Journal of Financial Intermediation38, 45-57.

Cole, Rebel A. and Tatyana Sokolyk. 2018. Debt financing, survival and growth of start-up firms. Journal of Corporate Finance 50, 609-625. (Link to pdf file)

Dai, Na, Vladimir Ivanov, and Rebel A. Cole. 2017. Entrepreneurial Optimism, Credit Availability, and Cost of Financing: Evidence from U.S. Small Businesses. Journal of Corporate Finance 44, 289-307. (Link to pdf file)

Cole, Rebel A. and Lawrence J. White. 2017. When time is not on our side: The costs of regulatory forbearance in the closure of insolvent banks. Journal of Banking and Finance 80, 235-249. (Link to pdf file)

Rebel A. Cole and Tatyana Sokolyk. 2016. Who needs credit and who gets credit? Evidence from the Surveys of Small Business Finances Journal of Financial Stability 24, 40-60. (Link to pdf file)

Rebel A. Cole and Hamid Mehran. 2016. What do we know about executive compensation at small privately held firms? Small Business Economics 46, 215-237. (Link to pdf file)

Rebel A. Cole, Douglas Cumming, and Dan Li. 2016. Do banks or VCs spur small firm growth? Journal of International Financial Markets, Institutions and Money 41, 60-72. (Link to pdf file)

Lucy Chernykh and Rebel A. Cole. 2015. How should we measure capital adequacy? A (simple) proposal. Journal of Financial Stability 20, 131-143. (Link to pdf file)

Richard Roddewig and Rebel A. Cole. 2014. Real estate values impacts from fracking: Industry response and proper analytical techniques. Real Estate Issues 39 (3), 6-20. (Link to pdf file)

Henk Berkman, Rebel A. Cole, and Lawrence J. Fu. 2014. Improving corporate governance where the State is the controlling block holder: Evidence from China. European Journal of Finance 20, 752-777. (Link to pdf file)

Cole, Rebel A. 2014. Credit Scores and Credit Market Outcomes: Evidence from the Survey of Small Business Finances and the Kauffman Firm Survey. U.S. Small Business Administration Research Study No. 419. (Link to pdf file)

Rebel A. Cole. 2013. What do we know about the capital structure of privately held firms? Evidence from the Surveys of Small Business Finances. Financial Management (Winter), 777-813. (Link to pdf file)

Rebel A. Cole and Lawrence J. White. 2012. D�j� Vu all over again: The causes of U.S. commercial bank failures this time around. Journal of Financial Services Research 42, 5-29. (Link to pdf file)

Rebel A. Cole. 2012. Availability of credit to small firms young and old. In Oxford Handbook of Entrepreneurial Finance, edited by Douglas Cumming. Oxford University Press, 305-340. (Link to Google Books)

Cole, Rebel A. 2012. How did the financial crisis affect small business lending in the U.S.?U.S. Small Business Administration Research Study No. 399. (Link to pdf file)

Susanne E. Cannon and Rebel A. Cole. 2011. How accurate are commercial real-estate appraisals? Evidence from 25 years of NCREIF sales data. Journal of Portfolio Management 35 (5) 68-88. (Link to pdf file)

Susanne E. Cannon and Rebel A. Cole. 2011. Changes in REIT liquidity 1998-2007: Evidence from daily data. Journal of Real Estate Finance and Economics 43, 258-280. (Link to pdf file)

Lucy Chernykh and Rebel A. Cole. 2011. Does deposit insurance improve financial intermediation? Evidence from the Russian experiment. Journal of Banking and Finance 35 (2), 388-402. (Link to pdf file)

Cole, Rebel A. 2011. How do firms choose legal form of organization? U.S. Small Business Administration Research Study No. 383. (Link to pdf file)

James S. Ang, Rebel A. Cole and Dan Lawson. 2010. The role of owner in capital structure decisions: An analysis of single-owner corporations. Journal of Entrepreneurial Finance 14 (3), 1-36. (Link to pdf file)

Henk Berkman, Rebel A. Cole and Lawrence J. Fu. 2010. Political connections and minority shareholder protection: Evidence from securities-market regulation in China. Journal of Financial and Quantitative Analysis 45 (6), 1391-1417. (Link to pdf file)

Cole, Rebel A. 2010. Bank credit, trade credit or no credit? Evidence from the Surveys of Small Business Finances. U.S. Small Business Administration Research Study No. 365. (Link to pdf file)

Henk Berkman, Rebel A. Cole and Lawrence J. Fu. 2009. Expropriation through loan guarantees to related parties: Evidence from China. Journal of Banking and Finance 33, 141-156. (Link to pdf file)

Cole, Rebel A. 2009. Who needs credit and who gets credit? Evidence from the Surveys of Small Business Finances. In Small Business in Focus: Finance. A Compendium of Research by the Small Business Administration Office of Advocacy, July, 95-133. (Link to pdf file)

Rebel A. Cole, Fari Moshirian and Linda Wu. 2008. Bank Stock Returns and Economic Growth. Journal of Banking and Finance 32, 995-1007. (Link to pdf file)

Cole, Rebel A. 2008. What do we know about the capital structure of privately held firms? Evidence from the Surveys of Small Business Finances. U.S. Small Business Administration Research Study No. 324. (Link to pdf file at U.S. SBA)

Cole, Rebel A. and Jonathan Dombrow. 2008. The state of rental housing in Cook County. Published by the MacArthur Foundation, Chicago, IL. (Link to pdf file)

Rebel A. Cole. 2007. Henderson Global Investors 1999: Institutional investments in real estate. Journal of Real Estate Practice and Education 10 (1), 107-122. (Link to pdf file)

Rebel A. Cole, Lawrence G. Goldberg and Lawrence J. White. 2004. Cookie-cutter versus character: The micro structure of small-business lending by large and small banks. Journal of Financial and Quantitative Analysis 39, 227-251. (Link to pdf file)

James S. Ang, Rebel A. Cole and James Wuh Lin. 2000. Agency costs and ownership structure. The Journal of Finance 55, 81-106. (Link to pdf file)

Rebel A. Cole and Hamid Mehran. 1998. The effect of changes in ownership structure on performance: Evidence from the thrift industry. Journal of Financial Economics 50, 291-317. (Link to pdf file)

Rebel A. Cole. 1998. The importance of relationships to the availability of credit. Journal of Banking and Finance 22, 959-997. (Link to pdf file)

Rebel A. Cole and Jeffery W. Gunther. 1998. Predicting bank failures: A comparison of on- and off-site monitoring systems. Journal of Financial Services Research 13, 103-117. (Link to pdf file)

Vijay Bhasin, Rebel A. Cole and Joseph K. Kiely. 1997. Changes in REIT liquidity 1990-94: Evidence from intra-day transactions. Real Estate Economics 25, 615-630. (Link to pdf file)

Rebel A. Cole, John D. Wolken and R. Louise Woodburn. 1996. Bank and nonbank competition for small business credit: Evidence from the 1987 and 1993 National Surveys of Small Business Finances. Federal Reserve Bulletin 82, 983-995. (Link to pdf file)

Rebel A. Cole, Robert A. Eisenbeis and Paul M. Horvitz. 1996. Commercial banks and real estate lending: The Texas experience. Journal of Regulatory Economics 10, 275-290. (Link to pdf file)

Rebel A. Cole and Robert A. Eisenbeis. 1996. The role of principal-agent problems in the 1980s thrift crisis. Real Estate Economics 24, 195-218. (Link to pdf file)

Rebel A.Cole and Jeffery W. Gunther.1995. Separating the likelihood and timing of bank failure. Journal of Banking and Finance 19, 1073-1089. (Link to pdf file)

Rebel A. Cole, Joseph A. McKenzie and Lawrence J. White. 1995. Deregulation gone awry: Moral hazard in the savings and loan industry. In Bank Failures: Causes, Consequences and Cures, edited by Michael S. Lawler and John H. Wood, Kluwer Academic Publishers: Norwell, MA. (Link to pdf file)

Rebel A. Cole and John D. Wolken. 1995. Sources and uses of financial services by small businesses: Evidence from the 1993 National Survey of Small Business Finances. Federal Reserve Bulletin 81, 629-667. (Link to pdf file)

Rebel A. Cole, Barbara G. Cornyn and Jeffery W. Gunther. 1995. FIMS: A new monitoring system for banking organizations. Federal Reserve Bulletin 81, 1-15. (Link to pdf image file)

Cole, Rebel A. and Jeffery W. Gunther. 1995. A CAMEL rating�s shelf life. Financial Industry Studies, Federal Reserve Bank of Dallas, December. (Link to pdf file)

Rebel A. Cole and George W. Fenn. 1994. Announcements of asset-quality problems and contagion effects in the life insurance industry. Journal of Financial Economics 35, 181-198. (Link to pdf file)

Rebel A. Cole and George W. Fenn. 1994. Did commercial real estate lending cause the banking crisis?� Real Estate Finance 11:3, Fall. 59-68.

Rebel A. Cole, Robert A. Eisenbeis and Joseph A. McKenzie. 1994. Asymmetric information and principal-agent problems as sources of value in FSLIC-assisted acquisitions of thrift institutions. Journal of Financial Services Research 8, 5-28. (Link to pdf file)

Rebel A. Cole and Jeffery W. Gunther. 1994. When are failing banks closed? Financial Industry Studies, Federal Reserve Bank of Dallas, December. 1-12.

Rebel A. Cole. 1993. When are thrifts closed? An agency-theoretic model. Journal of Financial Services Research 7, 283-308. (Link to pdf file)

Joseph A. McKenzie, Rebel A. Cole, and Richard A. Brown. 1992. Moral hazard, portfolio allocation, and asset returns for thrift institutions. Journal of Financial Services Research 5, 315-339. (Link to pdf file)

Cole, Rebel A. and George W. Fenn. 1992. Announcements of asset-quality problems and stock returns: The case of life insurance companies,� with George Fenn. In Proceedings of a Conference on Bank Structure and Performance, Federal Reserve Bank of Chicago.

Tim Curry, Joseph Blalock and Rebel Cole. 1991. Recoveries on distressed real estate and the relative efficiency of public versus private management. Real Estate Economics 19, 495-515. (Link to pdf file)

Cole, Rebel A. and Hamid Mehran. 1991. Executive compensation and corporate performance: Evidence from the thrift industry. In Proceedings of a Conference on Bank Structure and Performance, Federal Reserve Bank of Chicago. (Link to pdf file at SSRN)

Mike Miles, Rebel Cole and David Guilkey. 1990. A different look at commercial real estate returns. Real Estate Economics 18, 403-430. (Link to pdf file)

Rebel A. Cole. 1990. Thrift resolution activities: Historical overview and implications. Financial Industry Studies, Federal Reserve Bank of Dallas, May 1990. Reprinted in Annual Editions: Money and Banking, 1991. James P. Egan, editor, Guilford, CT: The Dushkin Publishing Group, Inc. (Link to pdf file)

Cole, Rebel A. and Robert A. Eisenbeis. 1989. Value creation and excess returns in FSLIC-assisted takeovers of troubled thrifts. In Proceedings of a Conference on Bank Structure and Competition, Federal Reserve Bank of Chicago.

David Guilkey, Mike Miles and Rebel Cole. 1989. The motivations for institutional real estate sales and implications for generalizing from specific property sales to asset class returns. Real Estate Economics 17, 70-86. (Link to pdf file)

Rebel Cole, David Guilkey, Mike Miles and Brian Webb. 1989. More scientific diversification categories in commercial real estate. Real Estate Review. (Link to pdf file)

Rebel Cole, David Guilkey and Mike Miles. 1987. Pension fund investment managers' unit values deserve investors confidence. Real Estate Review. (Link to pdf file)

Rebel Cole, David Guilkey and Mike Miles. 1986. Toward an assessment of the reliability of commercial appraisals. The Appraisal Journal, 422-432. (Link to pdf file)