Professional Experience

• • Adviser

    Board of Governors of the Federal Reserve System

  • 2011 - present

• • Section Chief

    Board of Governors of the Federal Reserve System

  • 1999 - 2010

• • Senior Economist

    Board of Governors of the Federal Reserve System

  • 1997 - 1999

• • Economist

    Board of Governors of the Federal Reserve System

  • 1986 - 1997

Publications

• Bowman, David, Fang Cai, Sally M. Davies, and Steven Kamin (2011). "Quantitative Easing and Bank Lending: Evidence from Japan," International Finance Discussion Papers 1018. Board of Governors of the Federal Reserve System (U.S.).
• Berger, Allen N., Sally M. Davies, and Mark J. Flannery (2000). "Comparing Market and Supervisory Assessments of Bank Performance: Who Knows what when?" Journal of Money, Credit, and Banking, vol. 32, no. 3, pp. 641-667.
• Berger, Allen N., and Sally M. Davies (1998). "The Information Content of Bank Examinations," Journal of Financial Services Research, vol. 14, no. 2, pp. 117-144.
• Davies, Sally M., and Douglas A. McManus (1991). "The Effects of Closure Policies on Bank Risk-Taking," Journal of Banking and Finance, vol. 15, no. 4-5, pp. 917-938.
• Davies, Sally M. (1991). "Dynamic Price Competition, Briefly Sunk Costs, and Entry Deterrence," RAND Journal of Economics, vol. 22, no. 4, pp. 519-530.

Presentations

• conference

  August 2010

  Irving Fisher Committee, Bank for International Settlements. Conference on "Initiatives to Address Data Gaps Revealed by the Financial Crisis."

  Banking System Soundness during the Financial Crisis

• conference

  August 2008

  Irving Fisher Committee, Bank for International Settlements. Conference on "Measuring Financial Innovation and Its Impact."

  Cross-border Derivatives Exposures: How Global are Derivatives Markets?

Other Activities