Gerard Caprio

Areas of Expertise

Gerard Caprio, Jr. is William Brough Professor of Economics, Emeritus, at Williams College and served as Chair of the Center for Development Economics from 2006 to 2021. Previously Dr. Caprio was the Director for Policy in the World Bank’s Financial Sector Vice Presidency and head of the financial sector research group. His research included establishing the first global databases on banking crises and on bank regulation and supervision, and he worked on financial system reform and development issues around the world. Jerry has authored numerous articles, and co-authored The Guardians of Finance: Making Regulators Work for Us, with Jim Barth and Ross Levine (MIT Press, 2012), with whom he also wrote Rethinking Bank Regulation: Till Angels Govern (Cambridge University Press, 2006). He served a co-editor of the Journal of Financial Stability, and has consulted widely, including for the World Bank, IMF, Bank of Korea, and the Central Bank of Brazil. Earlier positions include: Vice President and Head of Global Economics at JP Morgan, economist positions at the Federal Reserve Board and the IMF, Research Fellow, Center for Applied Macroeconomic Analysis, Finance and Macroeconomy Program and Senior Fellow at the Milken Institute Center for Financial Markets. He has taught at Trinity College Dublin, where he was a Fulbright Scholar, and at George Washington University.