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Michael
E. Staten
Distinguished Professor and Director, Credit Research Center McDonough School of Business Georgetown University Washington, D.C. Prof. Staten specializes in the economics of markets for retail financial services. His recent research projects have examined the impact of regulation on credit and insurance markets, the causes and consequences of personal bankruptcy, measurement of household debt burden, and privacy issues related to the collectition and use of personal financial information. As Director of the Credit Research Center since
1990, Prof. Staten has designed and conducted projects on a wide range
of policy-oriented issues involving consumer credit markets.
Since its founding at Purdue University in 1974, the Center has
built a national reputation for its analysis of the economics of
consumer credit markets. The
Center’s research product is used by the U.S. Congress, regulatory
agencies, legislatures, the credit industry, consumer groups and the
court system. The
Center moved to the McDonough School of Business at Georgetown
University in 1997. Prof.
Staten has presented expert testimony on credit and insurance issues
before committees of the U.S. House and Senate and various state
legislatures. He has
published articles in various professional journals including The
American Economic Review, the Journal of Law and Economics, Economic
Inquiry, the Journal of Health Economics, the Journal of
Economics and Business, and
Psychology and Marketing. In
1997 his book Consumer Attitudes Toward Credit Insurance (with
John M. Barron) won the American Risk and Insurance Association’s
Elizur Wright Award for its contribution to the risk management and
insurance literature. Prof.
Staten is a member of the Board of Trustees for the National Foundation
for Consumer Credit and is Board member for the Education Foundation of
the American Financial Services Association.
He also served as Chairman of the Board of Directors for the
Purdue Employees Federal Credit Union from 1995-1997.
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