Edward J. Kane

Involvement

Edward J. Kane was Professor of Finance at Boston College. From 1972 to 1992 he held the Everett D. Reese Chair of Banking and Monetary Economics at Ohio State University. A founding member of the Shadow Financial Regulatory Committee, Kane rejoined the organization in 2005. He served for twelve years as a trustee and member of the finance committee of Teachers Insurance. He consulted for the World Bank and is a senior fellow in the Federal Deposit Insurance Corporation’s Center for Financial Research. Previously, Kane consulted for numerous agencies, including the IMF, components of the Federal Reserve System, and three foreign central banks. He consulted as well for the Congressional Budget Office, the Joint Economic Committee, and the Office of Technology Assessment of the U.S. Congress. He wa a past president and fellow of the American Finance Association and a former Guggenheim fellow. He also served as president of the International Atlantic Economic Society and the North American Economics and Finance Association. Kane was a longtime research associate of the National Bureau of Economic Research. He authored three books and coauthored or coedited several more. He published widely in professional journals and served on seven editorial boards. He received a BS from Georgetown University and a PhD from the Massachusetts Institute of Technology.

By this expert

Coronavirus Means Zero Hour for the European Union

Article | Mar 16, 2020

If the European Central Bank does not jump to the aid of peripheral countries weakened by the pandemic, the Eurozone could collapse.

Repo Madness: Fed Plumbing Gone Awry

Article | Nov 26, 2019

Repeat after me: How much pipe should Fed plumbers lay if Fed plumbers like to lay pipe?

Why Dodd-Frank Is a Shell Game for Banks

Article | Sep 27, 2018

Ten years after the crisis, financial regulation leaves taxpayers holding the bag for banks’ safety net.

Double Whammy: Implicit Subsidies and the Great Financial Crisis

Paper Working Paper Series | | Sep 2018

This paper concerns itself with the joint effect of implicit subsidies that are built into the US housing-finance system and financial safety net.

Featuring this expert

Beyond Dodd-Frank

Video | Aug 3, 2014

Has the Dodd-Frank Act had its intended effect?

Measuring Systemic Risk To Empower the Taxpayer

Video | Aug 22, 2011

Banks take on excessive risk since they know, in case of failure, the taxpayer will step in to rescue them. That is a form of free insurance, and Ed Kane wants to end it.