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Charles W. Calomiris is Paul M. Montrone
Professor of Finance and Economics at the Columbia
University Graduate School of Business and a
Professor in the Department of International
and Public Affairs at Columbia Universitys
School of International and Public Affairs.
He co-directs the Project on Financial Deregulation
at the American Enterprise Institute and is
the Arthur Burns Scholar in International Economics
at AEI. He is a member of the Shadow Financial
Regulatory Committee, is a Research Associate
of the National Bureau of Economic Research,
and is a Senior Fellow at the Council on Foreign
Relations. Professor Calomiris served on the
International Financial Institution Advisory
Commission, a Congressional commission to advise
the U.S. government on the reform of the IMF,
the World Bank, the regional development banks,
and the WTO. His research spans several areas,
including banking, corporate finance, financial
history, and monetary economics. He received
a B.A. in economics from Yale University in
1979 and a Ph.D. in economics from Stanford
University in 1985.
His
recent publications include: U.S. Bank Deregulation
in Historical Perspective (Cambridge University
Press, 2000), Emerging Financial Markets
(with David Beim, Irwin-McGraw Hill, 2000),
Blueprints for a New Global Financial
Architecture in International Financial
Markets: The Challenge of Globalization
(Leonardo Auernheimer, ed., University of Chicago
Press, 2000), Is the Bank Merger Wave
of the 1990s Efficient? (with Jason Karceski)
in Mergers and Productivity (Steven Kaplan,
ed., University of Chicago Press, 2000) Contagion
and Bank Failures During the Great Depression:
The June 1932 Chicago Banking Panic (with
Joseph Mason) in the American Economic Review
(December 1997), Building an Incentive-Compatible
Safety Net, in the Journal of Banking
and Finance (October 1999), Designing
the Post-Modern Bank Safety Net: Lessons from
Developed and Developing Economies in
Money, Prices, and the Real Economy (Geoffrey
Wood, ed., Edward Elgar Publishing,1998), The
IMFs Imprudent Role as Lender of Last
Resort in The Cato Journal (Winter
1998), Universal Banking American-Style
in the Journal of Institutional and Theoretical
Economics (March 1998), and Was the
Great Depression a Watershed in American Monetary
Policy? (with David Wheelock), in The
Defining Moment: The Great Depression and the
American Economy in the Twentieth Century
(Michael Bordo, Claudia Goldin, and Eugene White,
eds., University of Chicago Press, 1998),
Professor
Calomiris is the recipient of research grants
or awards from the National Science Foundation,
the World Bank, the Japanese Government, the
Herbert V. Prochnow Foundation, and the Garn
Institute of Finance. In 1995 he was named a
University Scholar at the University of Illinois,
where he served as Associate Professor of Finance
and Co-Director of the Office for Banking Research.
He is a member of the editorial boards of the
Journal of Banking and Finance, the Journal
of Financial Services Research, the Journal
of Financial Intermediation, the Journal
of Economic History, the Journal of Economics
and Business, and Explorations in Economic
History. Professor Calomiris serves or has
served as a consultant or visiting scholar for
the Federal Reserve Banks of New York, Chicago,
Cleveland, and St. Louis, the Federal Reserve
Board, the World Bank, and the governments of
Mexico, Argentina, Japan, China, and El Salvador.
He
designed (with David Beim) and teaches a new
MBA and Executive MBA case course on emerging
market financial transactions, which won the
1997-1998 Chazen International Innovation Prize
at Columbia Business School. Professor Calomiris
also teaches a course for senior World Bank
managers on Bank Regulation and Exchange
Rate Policy in Developing Economies, and
teaches a course in the executive education
program at the International Monetary Fund on
the same topic.
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