Hamid Mehran
Hamid Mehran served as a staff economist in the Research & Statistics Group of the Federal Reserve Bank of New York. Dr. Mehran has taught at Carroll School of Management at Boston College, Columbia Business School, the Kellogg Graduate School of Management at Northwestern University, MIT Sloan School of Management, and the Wharton School of the University of Pennsylvania. He was a research associate at Hewitt Associates and a fellow of the Wharton Financial Institutions Center. His research interest is in corporate finance. He has written widely on the governance of banks and served as guest editor of the Journal of Financial Intermediation special issue “Corporate Governance in the Banking and the Financial Services Industries.” He also edited two special issues of Economic Policy Review: “Corporate Governance: What Do We Know, and What Is Different about Banks?” and “Behavioral Risk Management in the Financial Services Industry: The Role of Culture, Governance, and Financial Reporting.”
Commentary
How Financial Contracting Could Help the Police Force Manage Its Aims More Effectively
Hamid Mehran proposes funded deferred pay, an incentive structure to mitigate the risk and costs of police misconduct.
News
Fear of Punishment Distorts Bank Financial Reporting
When bank employees are afraid of punishment from regulators, they are likely to conceal information about their faulty decisions. This in turn...
News
Why Financial Regulations Might Fail to Produce Their Desired Outcome: The Case of the Capital Conservation Buffer
The capital conservation buffer (CCB) was created after the 2008 financial crisis, instructing banks to retain their dividends in an escrow account and...
Latest news
Development
Mobile Internet Is Changing Employment in Developing Countries, but Not Always as Expected
Scholars and policymakers have put much faith into the prospect of internet connectivity catalyzing development in low- and middle-income countries. In new...
Fiscal Policy
Biden’s Second-Best Economic Agenda
Efficiency is out and political economy is in. But what does that imply about making good policy?
Monetary Policy
The Fed and Bank Failures
Viral Acharya and Raghuram Rajan explain how quantitative easing contributed to the problems underlying the recent bank failures such as that of...
Antitrust and Competition
Self-Preferencing Theories Need To Account for Exploitative Abuse
Patrice Bougette, Oliver Budzinski, and Frédéric Marty argue in their research that antitrust authorities on both sides of the Atlantic must take...
Antitrust and Competition
Startup Acquisitions Have Undecided Effects on Innovation and Economic Growth
Startups are a major driver of innovation, but many startups are acquired by large incumbents. Do these acquisitions stifle innovation or promote...
ESG & Corporate Governance
History Shows that Voluntary ESG Standards Lead to a More Focused ESG Disclosure
In recent years, ESG reports have become more common for publicly traded companies. However, critics have found the information they provide to...
Regulation
Letters that Matter: How Interest Groups Shape Financial Legislation
Members of Congress are inundated with an avalanche of correspondence on a daily basis. But what persuades them to heed the call?...
