Financial Economists Roundtable (FER)


The Financial Economists Roundtable (FER) is a group of senior financial economists who have made significant contributions to the finance literature and seek to apply their knowledge to current policy debates. FER members meet annually to discuss policy issues concerning investments, corporate finance, financial institutions and markets, both in the U.S. and internationally. The statements they adopt are intended to increase the awareness and understanding of public policy makers, the financial economics profession, the communications media, and the general public.


2015 Statement: “The Structure of Trading in Bond Markets”

2013 Statement: “Taxes on Financial Transactions”

2012 Statement: “Accounting for the Cost of Government Credit Assistance”

2010 Statement: “How to Manage and Help to Avoid Systemic Liquidity Risk”

2009 Statement: “Reforming the OTC Derivatives Markets”

2008 Statement: “Reforming the Role of the Statistical Ratings Organizations in the Securitization Process”

2007 Statement: “The International Competitiveness of U.S. Capital Markets”

2006 Statement: “Best Practices for the Design of Defined Contribution Pension Plans”

2005 Statement:: “Hedge Funds”

2004 Statement: “Accounting for Corporate Pensions”

2003 Statement: “The Controversy Over Excecutive Compensation”

2002 Statement: “The Crisis in Accounting, Auditing and Corporate Governance”

2001 Statement: “The Structure of Securities Markets”

2000 Statement: “The Future of the International Monetary Fund”

1999 Statement: “Long-Term Capital Management and the Report of the Presidents Working Group on Financial Markets”

1998 Statement: “Institutional Investors and Corporate Governance”

1997 Statement: “Social Security”

1996 Statement: “Risk Disclosure by Mutual Funds”

1995(2) Statement: “Accounting Disclosure About Derivative Financial Instruments”

1995 Statement: “The Structure of the NASDAQ Stock Market”

1994 Statement: “Derivatives Markets and Financial Risk”

1993 Statement: “Registration Requirements for Foreign Securities”