Charles W. Calomiris is the Henry Kaufman Professor of Financial Institutions at Columbia Business School. He is also a research associate at the National Bureau of Economic Research, a member of the Shadow Financial Regulatory Committee and the Financial Economists Roundtable, and the coordinator of the Bank Performance and the Economy program at the Center for Financial Research at the Federal Deposit Insurance Corporation. Until 2007, he was the co-director of AEI's Financial Deregulation Project. His research at AEI spanned several areas, from banking and corporate finance to financial history and monetary economics. Calomiris also served on the 2000 International Financial Institution Advisory Commission. Known as the Meltzer Commission, this congressionally mandated group recommended specific reforms of the International Monetary Fund, the World Bank, the regional development banks and the World Trade Organization to the U.S. government.
Henry Kaufman Professor of Financial Institutions, 2003-present;Academic Director, Jerome A. Chazen Institute of InternationalBusiness, 2004-2007; Director, Program on Financial Institutions,1996-2003; Paul M. Montrone Professor of Private Enterprise, Divisionof Finance and Economics, 1996-2003, Columbia Business School
Program Coordinator, Bank Performance and the Economy, Center for Financial Research, Federal Deposit Insurance Corporation, 2008-present
Senior Research Fellow, Rimini Centre for Economic Analysis, University of Bologna, Italy, 2008-present
Professor, School of International and Public Affairs, 1996-present; Director, Center for International Business and Education Research, 2004-2007, Columbia University
Research Associate, 1996-present; Faculty Research Fellow, 1991-96, National Bureau of Economic Research
External Examiner in Finance, Faculty of Commerce and Management, University of Dar Es Salaam, Tanzania, 2007-2008
Fellow, Council on Foreign Relations, 2000
Consultant, Comision Bancaria y de Valores, Mexico, 1999-2000
Congressional Appointee, International Financial Institution Advisory Commission, 1999-2000
Consultant, 1996-99; Visiting Scholar, 1995, Federal Reserve Bank of New York
Consultant, Mission on Argentine Financial Sector, 1998; International Comparative Study of Term Finance, 1995-96; Mission on Mexican Banking Reform, 1995; Project to Evaluate Japan's Industrial Credit Programs, 1991-95, World Bank
Consultant, Banco Central de la Republica Argentina, 1996-98
Consultant, Banco Central de la Reserva, El Salvador, 1996-98
Member, Federation of American Scientists Committee on Systemic Risk, 1995-96
Consultant, Federal Reserve Bank of St. Louis, 1993-95
Consultant, Division of Research and Statistics, Board of Governors of the Federal Reserve System, 1993
Consultant, 1989-91; Visiting Economist, 1988, Federal Reserve Bank of Chicago
A new paper by Hal Scott of Harvard Law School — drawing on a close analysis of the Lehman Brothers and AIG cases — casts doubt on the validity of an idea that underlies the Dodd-Frank Act. This conference will examine the Scott paper and its implications for the Dodd-Frank Act.
The Shadow Financial Regulatory Committee (SFRC) is a group of publicly recognized independent experts on the financial services industry — including experts in banking, insurance and securities — who meet regularly to study and critique regulatory policies affecting this sector of the economy.
During two closed sessions before the luncheon, committee members discussed the latest in financial regulation issues. At a luncheon briefing following these sessions, SFRC members gave several statements and answered questions.
During the past three decades, bank supervision and regulation have failed. The banking industry—in the United States and worldwide—has been beset by an array of unprecedented and severe crises. At this AEI event, professor Charles Calomiris will lay out a 10-point "incentive-robust" framework for financial reform and a panel of experts will discuss his work.
The Shadow Financial Regulatory Committee (SFRC) is a group of publicly recognized independent experts on the financial services industry—including banking, insurance and securities—who meet regularly to study and critique regulatory policies affecting this sector of the economy.
The Shadow Financial Regulatory Committee (SFRC) is a group of publicly recognized independent experts on the financial services industry--including banking, insurance, and securities--who meet regularly to study and critique regulatory policies affecting this sector of the economy.
The Shadow Financial Regulatory Committee (SFRC) will discuss the latest Dodd-Frank Act developments, Basel III standards for large institutions, living wills for complex financial institutions, and Securities and Exchange Commission accounting and policy initiatives.