Volume II - PDF - International Association of Deposit Insurers

•BACKGROUND DOCUMENTS•
Part II: Outreach
Research in the College of Business Administration at the University of Oregon. He has been a visiting professor
at the University of Southern California (1970), Stanford University (1975-76), and the University of
California at Berkeley (1979), and a visiting scholar at the Federal Reserve Bank of San Francisco (1976)
and the Office of the Comptroller of Currency (1978). Professor Kaufman also served as Deputy to the
Assistant secretary for Economic Policy of the U.S. Treasury in 1976. He has taught at Loyola since 1981.
Professor Kaufman received his B.A. from Oberlin College (1954), M.A. from the University of Michigan
(1955), and Ph.D. in economics from the University of Iowa (1962).
Professor Kaufman’s teaching and research interests are in financial economics, institutions, markets and
regulation and in monetary policy. Most recently, he has been involved in developing ways of preventing
bank crises and reforming deposit insurance in the U.S. and elsewhere. He has lectured extensively on these
subjects in the U.S. and abroad. He has published extensively in the American Economic Review, Journal of
Finance, Journal of Financial and Quantitative Analysis and other professional journals. Professor Kaufman
is also the author or editor of numerous books, including Money, the Financial System and the Economy
(third edition, Houghton-Mifflin, 1981); The U.S. Financial System: Money, Markets, and Institutions (sixth
edition, Prentice-Hall, 1995); Perspectives on Safe and Sound Banking: Past, Present, and Future (MIT Press,
1986) (co-author); Innovations in Bond Portfolio Management: Duration Analysis and Immunization
(JAI Press, 1983) (co-editor); Deregulating Financial Services: Public Policy in Flux (Ballinger Press, 1986)
(co-editor); Restructuring the American Financial System (Kluwer, 1990) (editor); Assessing Bank Reform,
(Brookings, 1993) (co-editor); Reforming Financial Institutions and Markets in the U.S. (Kluwer, 1994) (editor);
Preventing Bank Crises (FRB of Chicago and World Bank, October 1998) (co-editor); The Asian Financial
Crisis (Kluwer, 1999) (co-editor); Global Financial Crises (Kluwer 2000) (co-editor); and the annual
Research in Financial Services (JAI Press) (editor). Professor Kaufman has served on the board of directors
of the American Finance Association (1977-80) and as president of both the Western Finance Association
(1974-75) and the Midwest Finance Association (1986-87). He is past co-editor of the Journal of Financial
Services Research and is serving or has served on the editorial boards of a number of major professional
journals, including the Journal of Money, Credit and Banking, Journal of Financial and Quantitative Analysis,
Journal of Financial Research, Review of Pacific Basin Financial Markets and Policies and Contemporary
Economic Policy. He also served on the advisory board of the International Association of Financial
Engineers from 1992 through 1999.
Professor Kaufman has served as a consultant to numerous government agencies and private firms, including
being a member of the Federal Savings and Loan Insurance Corporation Task Force on Reappraising
Deposit Insurance (1983), the American Bankers Association Task Force on Bank Safety and Soundness
(1985), the American Enterprise Institute Project on Financial Regulation (1987), and the Brookings
Institution Task Force on Depository Institutions Reform, whose report was published under the title
Blueprint for Restructuring America’s Financial Institutions (1989). He is co-chair of the Shadow Financial
Regulatory Committee, a group of independent banking experts who analyze and comment on economic,
legislative and regulatory factors affecting the financial services industry, and executive director of
Financial Economists Roundtable. He has testified before Congress and other legislative and policy groups
on numerous occasions. Professor Kaufman was a director of the Rochester Community Savings Bank
(New York) from 1988 through 1997 and from 1982 to 1986 he served as an elected trustee of the Teachers
Insurance Annuity Association and College Retirement Equity Fund (TIAA-CREF), the largest private
pension fund in the country. In 1992, he was named Loyola University’s faculty member of the year.
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Guidance for Developing Effective Deposit Insurance Systems: Volume II