Richard J. Herring
- Princeton University, Ph.D., March 1973;
- Princeton University, M.A., 1970;
- Oberlin College, A.B. magna cum laude, 1968, Phi Beta Kappa, 1967
Jacob Safra Professor of International Banking; Professor of Finance
The Wharton School
Capitol Hill Testimony
June 19, 2008: Testimony before the United States Senate Banking, Housing, and Urban Affairs Subcommittee on Securities, Insurance and Investment, on “Risk Management and Its Implications for Systemic Risk”
July 16, 2014: Testimony before the the United States Senate Committee on Banking, Housing, and Urban Affairs, on “What Makes a Bank Systematically Important?”
Past and Present Public Policy Affiliations
Co-Chair Shadow Financial Regulatory Committee
Richard J. Herring (2017). CoCos: A Promising Idea Poorly Executed, Achieving Financial Stability: Challenges To Prudential Regulation, edited by George G Kaufman, Agnese Leonello, Simone Manganelli, 103-120.
Richard J. Herring, Jacopo Carmassi (2013). Living Wills and Cross-Border Resolution of Systemically Important Banks, Journal of Financial Economic Policy, 5(4), 361-387.
Richard J. Herring (2010). How Financial Oversight Failed and What it May Portend for the Future of Regulation, Atlantic Economic Journal, 38(3), 265-282.
Richard J. Herring, Edward Kane (2010). Rating ‘Agencies’: How Regulation Might Help, CESifo DICE Report, Journal of Institutional Comparisons, first quarter.
Richard J. Herring (2010). Wind-Down Plans as an Alternative to Bailouts, Pew Financial Reform Project, Briefing Paper #15.