Editors

Managing Editor

Haluk Ünal
University of Maryland

Editors

Warren B. Bailey
Cornell University

Mark Carey
GARP Risk Institute

Loretta J. Mester
Federal Reserve Bank of Cleveland

Steven Ongena
University of Zurich

Nagpumanand R. Prabhala
Johns Hopkins University

Associate Editors

Renée Adams, University of Oxford; Sumit Agarwal, National University of Singapore; Allen N. Berger, University of South Carolina; Mitchell Berlin, Federal Reserve Bank of Philadelphia; Lamont Black, DePaul University; Fabio Braggion, Tilberg University; Charles Calomiris, Columbia University; Anna Chernobai, Syracuse University; Susan Christoffersen, University of Toronto; Marcia M. Cornett, Bentley University; Serdar Dinc, Rutgers University; Mark J. Flannery, University of Florida; W. Scott Frame, Federal Reserve Bank of Atlanta; Mariassunta Giannetti, Stockholm School of Economics; Linda Goldberg, Federal Reserve Bank of New York; Kathleen Weiss Hanley, Lehigh University; Robert Hauswald, American University; Jean Helwege, University of California, Riverside; Gerard Hoberg, University of Southern California; Joel Houston, University of Florida; Joseph Hughes, Rutgers University; Christopher James, University of Florida; Anna Kovner, Federal Reserve Bank of New York; Jan P. Krahnen, University of Frankfurt; Albert “Pete” Kyle, University of Maryland; Elena Loutskina, University of Virginia; Bernadette Minton, The Ohio State University; Justin Murfin, Cornell University; Gregory Nini, Drexel University; Lars Norden, Brazilian School of Public and Business Administration; Christine Parlour, University of California, Berkeley; George G. Pennacchi, University of Illinois; Nagpurnanand R. Prabhala, University of Maryland; Edward S. Prescott, Federal Reserve Bank of Cleveland; Manju Puri, Duke University; Richard J. Rosen, Federal Reserve Bank of Chicago; Joao Santos, Federal Reserve Bank of New York; Anthony Saunders, New York University; Catherine M. Schrand, University of Pennsylvania; Til Schuermann, Oliver Wyman; Peter Tufano, University of Oxford; Gregory F. Udell, Indiana University; Liu Yang, University of Maryland; Larry Wall, Federal Reserve Bank of Atlanta