Jeffrey Harris

Dr. Jeffrey H. Harris is the Gary Cohn Goldman Sachs Endowed Chair in Finance at the Kogod School of Business at American University. Dr. Harris has an extensive background in auction market microstructure, dealer markets, exchange trading and regulatory issues. He formerly served as Chief Economist and Director of the Division of Economic and Risk Analysis at the U.S. Security and Exchange Commission and as Chief Economist at the U.S. Commodity Futures Trading Commission. He has also served as Visiting Academic at the Nasdaq Stock Market and at the U.S. Securities and Exchange Commission. He previously held faculty appointments as the Dean’s Chair in Finance at the Whitman School of Management at Syracuse University, as the Collins Chair of Finance in the Cox School of Business at Southern Methodist University (visiting), at the University of Delaware, at the University of Notre Dame and at The Ohio State University. Dr. Harris received his B.A. in Physics and an MBA from the University of Iowa and a Ph.D. in Finance from The Ohio State University.

Bank Mergers Aren’t Raising Your Mortgage Rate

In new research examining 44 million U.S. mortgages and nearly 5,000 bank mergers over three decades, Celso Brunetti, Jeffrey H. Harris, and Ioannis Spyridopoulos find that bank consolidation does not raise mortgage rates, restrict credit access, or degrade loan quality. Local mortgage markets remain intensely competitive. 

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