Franklin Allen Faculty Profile

Franklin Allen
Nippon Life Professor of Finance; Professor of Economics
Co-Director, Financial Institutions Center

DPhil, University of Oxford, 1980; MPhil, University of Oxford, 1979; BA, University of East Anglia, 1977

Research Areas
Corporate finance; asset pricing; economics of information

Current Projects
Comparison of different countries financial systems; Financial crises.

Academic Positions Held
Wharton: 1980-present (named Nippon Life Professor of Finance, 1994; Vice Dean and Director, Doctoral Programs, 1990-93; Associate Director, Doctoral Programs, 1988-90; Co-Director, Financial Institutions Center, 2000-present). Visiting appointments: University of Oxford; University of Tokyo; University of Frankurt; Princeton University. Adjunct Appointments: New York University.

Career and Recent Professional Awards; Teaching Awards
The Class of 1984 Teaching Award, 1996, 1997; Helen Kardon Moss Anvil Award, 1993, 1999; Excellence in Teaching Award (Graduate Division), 1990, 1993, 1996, 1997, 1998, 1999, 2000, 2001, 2002; Miller-Sherrerd MBA Core Teaching Award, 1992, 1993, 1996, 1997, 1999, 2000, 2001, 2002; Undergraduate Division Excellence in Teaching Award, 1991; Lindback Award for Distinguished Teaching, 2001.

Professional Leadership 2003-2007
President, American Finance Association, 2000; Associate Editor, Financial Management, 1991-present

Corporate and Public Sector Leadership 2003-2007
Director, The Glenmede Fund, 1991-present

Representative Publications
(with D. Gale)
Comparing Financial Systems. MIT Press:Cambridge, MA, 2000.

(with D. Gale)
"Financial Contagion." Journal of Political Economy 108 (2000).

"Do Financial Institutions Matter?" (AFA Presidential Address), Journal of Finance 56 (2001).