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Richard J. Herring
Jacob Safra Professor of International Banking; Professor of Finance


Education

PhD, Princeton University, 1973; MA, Princeton University, 1970; BA, Oberlin College, 1968

Career and Recent Professional Awards; Teaching Awards

David Hauck Award for Outstanding Teaching, 1995; Undergraduate Division Excellence in Teaching Award, 1990, 1992, 1995

Academic Positions Held

Wharton: 1972-present (Director, The Joseph H. Lauder Institute of Management and International Studies, 2000-2006; Co-Director, Wharton Financial Institutions Center, 2000-present; Vice Dean and Director, Wharton Undergraduate Division, 1995-2000; Director, Financial Institutions Center, 1988-95; Director, Program in International Banking and Finance, 1982-88). Previous appointment: Princeton University. Visiting appointment: Johann Wolfgang Goethe University, Germany

Professional Leadership 2005-2009

Co-editor, Brookings-Wharton Papers on Financial Services (2001-2004); Editorial Board, Journal of Financial Services Research, 1989-2000; Editorial Board, Journal of International Financial Markets, Institutions and Money, 1988-1998; Editorial Board, Research in Financial Services: Private and Public Policy Annual, 1991-present; Editorial Board, Quarterly Review of the Federal Reserve Bank of New York, 1994-present; Member, Shadow Financial Regulatory Committee, 1990-present; Co-Chair, 2004-present. Member, Multinational Banking Seminar, 1982-2005, American Chairman, 1992-2005. Financial Economists Roundtable, 2000-present.

Corporate and Public Sector Leadership 2005-2009

Trustee, DWS Scudder Funds, 1990-present. Trustee, Daiwa Country Funds, 2007-present.

Publications
Richard J. Herring, C. Fernando, A. Subrahmanyam (2007), Common Liquidity Shocks and Market Collapse: Lessons from the Market for Perps, Journal of Banking and Finance, 2008
Richard J. Herring, N. Chatusripitak (2006), “The Case of the Missing Market: the Bond Market & Why it Matters for Financial Development, In L. Klein and T. Shabbir (eds.) Recent Financial Crises: Analysis, Challenges, and Implications, Edward Elgar Publishing, 2006, pp. 148-194.
Richard J. Herring (2005), Implementing Basel II: Is the Game Worth the Candle?, Financial Markets, Institutions & Instruments, Vol. 14, Number 5, 2005

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Herring J. Richard
Richard J. Herring
2444 Steinberg-Dietrich Hall
3620 Locust Walk
Philadelphia, PA 19104
Phone: (215) 898-5613
herring@wharton.upenn.edu

Research Interests:
International banking; international finance; money and banking