Edward J. Kane was Professor of Finance at Boston College. From 1972 to 1992 he held the Everett D. Reese Chair of Banking and Monetary Economics at Ohio State University. A founding member of the Shadow Financial Regulatory Committee, Kane rejoined the organization in 2005. He served for twelve years as a trustee and member of the finance committee of Teachers Insurance. He consulted for the World Bank and is a senior fellow in the Federal Deposit Insurance Corporation’s Center for Financial Research. Previously, Kane consulted for numerous agencies, including the IMF, components of the Federal Reserve System, and three foreign central banks. He consulted as well for the Congressional Budget Office, the Joint Economic Committee, and the Office of Technology Assessment of the U.S. Congress. He wa a past president and fellow of the American Finance Association and a former Guggenheim fellow. He also served as president of the International Atlantic Economic Society and the North American Economics and Finance Association. Kane was a longtime research associate of the National Bureau of Economic Research. He authored three books and coauthored or coedited several more. He published widely in professional journals and served on seven editorial boards. He received a BS from Georgetown University and a PhD from the Massachusetts Institute of Technology.
Edward J. Kane
By this expert
Creating the Post-2008 Global Safety Net: Fed Precedents, Instruments, and Targets
The “liquidity” support provided by the Fed to megabanks through cross-border lending in fact acted as subsidies
Precedents, Instruments and Targets that the Fed Has Used to Create and Support a Postcrisis Global Safety Net
Creating the post-2008 global safety net for mega-banks
How Bankers Hide Losses
Like master illusionists, bank accountants conceal losses from federal regulators, putting the whole economy at risk
Masters of Illusion: Bank and Regulatory Accounting for Losses in Distressed Banks
The study seeks to explain why the instruments of central banking inevitably break down over time.
Featuring this expert
Edward J. Kane: A Short Tribute
On the passing away of Edward J. Kane
YSI North America Convening
On February 22-24, 2019, the Young Scholars Initiative (YSI) will host its North America Convening in Los Angeles.
Reawakening From the Origins of Economic Ideas to the Challenges of Our Time
INET gathered hundreds of new economic thinkers in Edinburgh to discuss the past, present, and future of the economics profession.
Edward Kane: Hidden Subsidies for Too Big to Fail Banks
An examination of some little-known ways nation states and central banks prop up megabanks