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News Release

Moore School of Business Finance Department Gains Senior Economist from Federal Reserve


For immediate release:
July 14, 2008
Columbia, SC

Senior Economist at Federal Reserve to Join Moore School Faculty

Dr. Allen N. BergerDr. Allen N. Berger, a longtime senior economist at the Board of Governors of the Federal Reserve System who is also a Senior Fellow at the Wharton Financial Institutions Center of the University of Pennsylvania, has been appointed the H. Montague Osteen, Jr. Professor in Banking and Finance at the Moore School of Business, University of South Carolina.

During the Spring 2009 semester, Berger will teach an undergraduate course on Financial Institutions and a graduate course entitled "Advanced Topics in Finance."

Berger, 54, is one of the country’s most-published authors on a variety of topics related to financial institutions, and currently serves on the editorial boards of five professional economics and finance journals. He is past editor of the Journal of Money, Credit, and Banking, has co-edited six special issues of various journals, and is currently co-editing the Oxford Handbook of Banking.

Berger is an Extramural Fellow at CentER, the business and economics research institute at Tilburg University, the Netherlands; and secretary/treasurer of the Financial Intermediation Research Society.

He has published more than 100 articles, including papers in the Journal of Political Economy, American Economic Review, Journal of Monetary Economics, Journal of Finance, Journal of Financial Economics, and Review of Financial Studies.

A native of St. Louis, Berger received a Ph.D. in Economics from the University of California, Berkeley, in 1983; an M.A. in Economics from Berkeley in 1979, and a B.A. in Economics from Northwestern University in 1976.

"We are honored to have someone of Allen Berger’s caliber joining the faculty at the Moore School," said Dean Hildy Teegen. "His exceptional commitment to rigorous scholarship that serves to guide leading practice in financial institutions today will allow us to further our international reputation for research excellence in finance."

Teegen added, "We are most grateful to Mr. Osteen for his financial support for this endowed chair, allowing us to attract this world-class colleague."

"Allen is one of the most respected researchers in the world on issues related to financial institutions," said Associate Dean of Research and Academics Greg Niehaus.  "In addition, his experience at the Federal Reserve Board, as well as his vast knowledge of the banking sector, will enhance the education provided to both undergraduate and graduate students at the Moore School.  We are honored to have Allen join our faculty, and fortunate to have the Osteen Chair to attract someone of his stature."