George G. Pennacch

Fred S. Bailey Professor of Money, Banking, and Finance, University of Illinois

George G. Pennacchi is the Fred S. Bailey Professor of Money, Banking, and Finance at the University of Illinois. His research focuses on financial institutions, fixed-income securities, and government guarantees. He is a Research Associate at the Federal Reserve Bank of Cleveland and a Research Fellow at the Bank of Finland. He was President of the Financial Intermediation Research Society and served on the editorial boards of several journals including the Journal of Financial Intermediation, the Journal of Finance, the Journal of Financial and Quantitative Analysis, Management Science, and the Review of Financial Studies. He has consulted for the Federal Deposit Insurance Corporation, the U.S. Office of Management and Budget, the World Bank, the International Monetary Fund, and the Federal Reserve Board of Governors. Previous faculty appointments were at the Wharton School of the University of Pennsylvania and Bocconi University.  Mr. Pennacchi received a Sc.B. degree in applied mathematics from Brown University and a Ph.D. in economics from the Massachusetts Institute of Technology.

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