George Pennacchi

George G. Pennacchi has been with the Department of Finance at the University of Illinois since 1990, recently as the Bailey Professor of Money, Banking and Finance. He is currently a managing editor of the Journal of Financial and Quantitative Analysis and is an affiliate professor of finance at the University of Washington in Seattle. His research focuses on financial intermediaries, fixed-income securities and government guarantees. He has served as the president of the Financial Intermediation Research Society, the managing editor of the Journal of Financial Intermediation, and an associate editor of several journals including the Journal of Finance and the Review of Financial Studies. His consulting experience includes work for the Federal Reserve System, the Federal Deposit Insurance Corp., the U.S. Office of Management and Budget, the Bank of Finland and the Financial Stability Board. He has been a visiting professor at Bocconi University in Milan, Italy and was a member of the finance faculty at the Wharton School of the University of Pennsylvania. Pennacchi received a Bachelor of Science degree in applied mathematics from Brown University, Providence, Rhode Island, and his Ph.D. in economics from the Massachusetts Institute of Technology, Cambridge, Massachusetts.