I engage with policymakers and expert by serving on advisory committees, writing policy papers and comment letters, giving testimonies and presentations, and organizing events to inform policymkers and others.
Selected Links
- “Policing Speech in the Internet Age: The Search for Truth, Trust and Accountability,” Alumni talk, Stanford, February 25, 2021, Video, Slides
- “The Virus of Financial Deregulations,” Hosted by members in the Economic and Monetary Affairs Committee of the European Parliament, June 10, 2020
- Comment to the Financial Stability Board on Too Big To Fail, June 21, 2019. Second comment, September 20, 2020
- “Ten Years After the Financial Crisis: What Have We Learned?”, Stanford Institute for Economic Policy Research (SIEPR) Associates Meeting, June 2018.
- “Taming Our Financial Systems”, IdeasLab, World Economic Forum, Davos, 2014.
Quick Links
Selected Conferences, Presentations, and Videos
- “Corporations, Persuasion and the Rule of Law,” Wilbur Cross Medal Lecture, Yale, University, April 4, 2022. Slides
- The Role of Corporations in Society: A Global and Historical Perspective (panel discussion), Video, 2021 Global Corporate Governance Colloquium, June 12, 2021
- Myths about the Stability and Efficiency of Global Finance Slides, Fields Institute, OECD Symposium on Systemic Recovery, April 27, 2021
- “Capitalism: what has gone wrong, what needs to change, and how can it be fixed?” (33:48-46:07), Seminar at Blavatnik School, University of Oxford, April 16, 2021
- “Policing Speech in the Internet Age: The Search for Truth, Trust and Accountability,” Alumni talk, Stanford, February 25, 2021, Video, Slides
- COVID-19 Bailouts and Investor Supremacy, American Economic Association Meetings panel on “What Do We Know about Effectiveness of Bailout Provisions, Small-Business Support, and Impact on Inequality and the United States Recovery,” January 4, 2021
- “Corporations, Governments and Justice,” Keynote Speech, Northern Finance Association, September 26, 2020, slides.
- Introductory slides for “The Virus of Financial Deregulations,” Hosted by members in the Economic and Monetary Affairs Committee of the European Parliament, June 10, 2020
- Towards a Better Financial System, EfIP session on Finance and Taxation, American Economic Association meetings, January 5, 2020
- 5th IWH-FIN-FIRE Workshop on “Challenges to Financial Stability”, Sponsored by The Halle Institute for Economic Research (IWH) , Halle, Germany, August 19-20, 2019. Slides
- Keynote at 2018 Financial Stability Conference on Markets and Spillover, Sponsored by Federal Reserve Bank of Cleveland and the Office of Financial Research, Washington DC, November 30, 2018. Slides
- 2018 Financial Stability Conference on Functions and Firms, sponsored by Office of Financial Research and the University Michigan Center on Finance, Law and Policy, Washington DC, November 15, 2018. Slides
- Seminar at Riksbank, Stockholm, October 16, 2018. Slides
- Introduction to A conversation with John Carreyou, Stanford, October 10, 2018. PDF
- Keynote speech at Global Issues in Accounting Conference, University of North Carolina, September 2018.
- “Ten Years After the Financial Crisis: What Have We Learned?”, Stanford Institute for Economic Policy Research (SIEPR) Associates Meeting, June 2018. Video, Slides
- GSB Alumni Reunion talk on “Corporations and Society,” October 27, 2017. Slides
- “Why Financialised Corporate Governance Has Failed Us, and What We Can Do About It,” Blavatnik School of Governance, Oxford University, September 2017
- “How Much Finance Does the Economy Need?”, American Finance Association, January 2017.
- “Banking, Corporate Governance, and Politics,” Bogen Lecture, Hebrew University, June 2016.
- Too Big To Fail Policy Symposium One, [Slide deck] Federal Reserve Bank of Minneapolis, April 2016.
- “What’s Wrong With Banking and What to Do About it,” New City Agenda Lecture, U.K. House of Commons, September 2015.
- “Making Financial Regulations Work for Society” (with Brooksley Born), [Written remarks] Finance and Society INET Conference, May 2015 (Conference co-organizer).
- Debate: How fragile is the global financial system?, World Economic Forum, Davos, January 2015.
- “Financial Stability After Dodd-Frank: Have We Ended Too Big to Fail?”, George Washington University Law School, November 2014 (Conference co-organizer).
- “Seeing through ‘the banker’s new clothes,'” TEDx Stanford, May 2014.
- “What’s Wrong with Banking and What to Do About It,” Talks at Google, April 2014.
- “Gaming the System: Finance in America,” Los Angeles Times Festival of Books, April 2014.
- “Taming Our Financial Systems”, IdeasLab, World Economic Forum, Davos, 2014.
- Debate: Are Markets Safer Now?, World Economic Forum, Davos, January 2014.
- “Too Big To Fail, or What’s Still Terribly Wrong with Banking,” American Bar Association Annual Meeting, August 2013.
- “What is wrong with banking and what to do about it,” Danish Institute for International Studies, February 2013.
- “Bank Capital: How much is ‘Enough?’,” Federal Reserve Bank of Chicago 48th Annual Conference on Bank Structure and Competition, May 2012.
- “The False Tradeoff between Economic Growth and Bank Capital,” Briefing for the United States Senate, June 2011.
Testimonies and Submitted Comments
- Economist Letter: Dangers of a competitiveness objective for financial regulators; Letter (signed by over 50 economists), May 16, 2022
- Comment to the SEC about Money Market Fund Regulatory Reforms (Signed by 8 Finance Professors from Stanford and Chicago), April 12, 2021
- Comment to SEC about changes in Proxy Advisor rules (Signed by 63 corporate governance scholars), January 15, 2020
- Comment to the Financial Stability Board on Too Big To Fail, June 21, 2019. Second comment, September 20, 2020
- Comment on Standardized Approach for Calculating the Exposure Amount of Derivative Contracts (with Paul Pleiderer), March 15, 2019
- Comment Letter to the Banking Regulators, (with Paul Pleiderer and Amit Seru), January 22, 2019.
- Letter to Senate Banking Committee re Implementation of the Economic Growth, Regulatory Relief, and Consumer Protection Act (with John Cochrane, Paul Pfleiderer and Amit Seru), September 25, 2018
- Comment Letter to SEC on Proposed Changes to Whistleblower Program (with Graham Steele), September 18, 2018
- Letter on proposed changes to the Dodd-Frank Act (with Paul Pfleiderer & Amir Seru), U.S. Senate Committee on Banking, Housing & Urban Affairs, March 2018.
- Comment letter on the Proposed Guidance on Supervisory Expectation for Boards of Directors (with 16 scholars), Board of Governors of the Federal Reserve System, February 2018.
- Testimony to Oversight Hearing on “Wells Fargo’s Sales Practices and Corporate Accountability,” [video recording], California State Senate Committee on Banking and Financial Institutions and Assembly Standing Committee on Banking and Finance, May 2017.
- Comment to Treasury Committee of U.K. Parliament responding to questions posed in Capital Inquiry, [PDF] submitted March 2017.
- Testimony for hearing on “Examining the GAO Report on Expectations of Government Support for Bank Holding Companies,” [Written statement] Senate Committee on Banking, Housing and Urban Affairs Subcommittee on Financial Institutions and Consumer Protection, July 2014.
- Testimony for hearing on “Examining the Impact of the Proposed Rules to Implement Basel III Capital Standards,” [PDF] Subcommittee on Financial Institution and Consumer Credit and Subcommittee on Insurance, Housing, and Community Opportunity, U.S. House of Representatives, November 2012.
- Comment letter on Sections 165 and 166 of the Dodd Frank Act (with Peter DeMarzo, Martin Hellwig and Paul Pfleiderer), Board of Governors of the Federal Reserve System, April, 2012.
- Comment letter on proposed rule implementing the Volcker Rule (with Paul Pfleiderer), Securities & Exchange Commission et al., March 2012.
- Comment letter on Sections 165 and 166 of the Dodd Frank Act (with Sheila Bair, Simon Johnson, and Richard Herring), Board of Governors of the Federal Reserve System, March 2012.
- Comments to the UK Independent Commission on Banking (with Martin Hellwig), July 4, 2011.
- Comment letter on Proposal to Ensure the Loss Absorbency of Regulatory Capital at the Point of Non-viability, Basel Committee on Bank Supervision, October, 2010.
Policy-related Papers
Oxford Review of Economic Policy 37/4. PDF
- Type: Journal Articles
- Topic(s): Policy
In OECD New Approaches to Economic Challenges: The Financial System, 2020
- Type: Book Chapters
- Topic(s): Policy
Working Paper . PDF download
- Type: Working Papers
- Topic(s): Policy
Journal of Economic Perspectives Vol 31, Issue 3, Pages 131-150. PDF
- Type: Journal Articles
- Topic(s): Policy
Just Financial Markets? Finance in a Just Society Oxford University Press. PDF
- Type: Journal Articles
- Topic(s): Policy
Progress and Confusion: The State of Macroeconomic Policy Cambridge : MIT Press, 2016, Pages 61-72. PDF
- Type: Journal Articles
- Topic(s): Policy
National Institute Economic Review Vol 234, Issue 1, Pages R4-R14.
- Type: Journal Articles
- Topic(s): Policy
Journal of Legal Studies Vol 43, Issue 3, Pages s35-s61. Working Paper
- Type: Journal Articles
- Topic(s): Policy
Working Paper . PDF
- Type: Working Papers
- Topic(s): Policy
Working Paper . PDF
- Type: Working Papers
- Topic(s): Policy
North Carolina Banking Institute Vol 18, Issue 1. PDF
- Type: Journal Articles
- Topic(s): Policy