Allen N. Berger
|Title:||Carolina Distinguished Professor
H. Montague Osteen, Jr., Professor of Banking and Finance
|Department:||Department of Finance
Darla Moore School of Business
|Office:||Darla Moore School of Business, Room 457G|
|Resources:||Curriculum Vitae [pdf]|
Allen N. Berger is the H. Montague Osteen, Jr., Professor in Banking and Finance and Ph.D. coordinator of the Department of Finance at the Darla Moore School of Business and the Carolina Distinguished Professor at the University of South Carolina; senior fellow, Wharton Financial Institutions Center; and fellow, European Banking Center. He also currently serves on the editorial boards of six professional finance journals. In addition, Berger is past editor of the Journal of Money, Credit, and Banking from 1994-2001 and has co-edited six special issues of various professional journals and both editions of the Oxford Handbook of Banking. His research covers a variety of topics related to financial institutions. He is co-author of Bank Liquidity Creation and Financial Crises (Elsevier). He has published over 100 professional articles in refereed journals, including papers in top finance journals, Journal of Finance, Journal of Financial Economics, Review of Financial Studies, Journal of Financial and Quantitative Analysis, and Review of Finance; top economics journals, Journal of Political Economy, American Economic Review, Review of Economics and Statistics, and Journal of Monetary Economics; and other top professional business journals, Management Science and Journal of Business; and over 30 other non-refereed publications. Berger was named Professor of the Year for 2015-2016 by the Darla Moore School of Business Doctoral Students Association. He was also secretary/treasurer, Financial Intermediation Research Society from 2008-2016 and senior economist from 1989 to 2008 and economist from 1982-1989 at the Board of Governors of the Federal Reserve System. He received a Ph.D. in Economics from the University of California - Berkeley in 1983, and a B.A. in Economics from Northwestern University in 1976.
Liquidity creation data for virtually all banks in the US from 1984:Q1 - 2014:Q4 are currently available for research purposes at: people.tamu.edu/~cbouwman/. The data include well over 1 million bank-quarter observations.
- "Bank Liquidity Creation and Real Economic Output" [pdf] (with John Sedunov).
- “Bank Liquidity Creation, Monetary Policy, and Financial Crises” [pdf] (with Christa H.S. Bouwman).
- "Do Borrowers Benefit from Bank Bailouts? The Effects of TARP on Loan Contract Terms" [pdf] (with Tanakorn Makaew and Raluca Roman).
- "Do Bank Bailouts Reduce or Increase Systemic Risk? The Effects of TARP on Financial System Stability" [pdf] (with Raluca Roman and John Sedunov).
- "The Federal Reserve’s Discount Window and TAF Programs: “Pushing on a String?” [pdf] (with Lamont K. Black, Christa H. S. Bouwman, and Jennifer L. Dlugosz).
- "How Did Foreign Bank Lending Change during the Recent Financial Crisis? Evidence from a Very Comprehensive Dataset" [pdf] (with Tanakorn Makaew and Rima Turk-Ariss).
- "How Do Lead Banks Use their Private Information about Loan Quality in the Syndicated Loan Market?" [pdf] (with Lakshmi Balasubramanyan and Matthew M. Koepke)
- "Small Bank Comparative Advantages in Alleviating Financial Constraints and Providing Liquidity Insurance over Time" [pdf] (with Christa H.S. Bouwman and Dasol Kim).
His research covers a variety of topics related to financial institutions.
- Ph.D., University of California, Berkeley, 1983
- M.A., University of California, Berkeley, 1979
- B.A., Northwestern University, 1976