College of Business: University of Illinois at Urbana-Champaign

Professor of Finance and Department Chair and Fred S. Bailey Memorial Chair of Finance

Ph.D., Economics, Harvard University, 1981
B.A. (M.A.), Honors, Economics, University of Cambridge, 1977
B.A., Summa Cum Laude, Applied Mathematics, Harvard University, 1975

Chair, Finance Department, University of Illinois, 2009 - Present
Fred S. Bailey Memorial Chair of Finance, University of Illinois, 1997 - Present
Co-director, Office of Banking Research, University of Illinois, 1992 - Present
Professor of Economics, University of Illinois , 1990 - Present
Houblon Norman Fellow, Bank of England, 2007-2008
Visiting Tan-Chin Tuan Professor of Economics, National University of Singapore, 2007
Overseas Fellow, Churchill College, Cambridge University, 1999-2000
Visiting Fellow, Australian National University, 1994
Associate Professor of Economics, University of Illinois at Urbana-Champaign, 1988-1990
Associate Professor of Economics, University of Chicago, 1986-1989
Assistant Professor of Economics, University of Chicago, 1981-1985

Kahn, C., Roberds, W. Forthcoming. Payments Settlement: Tiering in Private and Public Systems. Journal of Money, Credit, and Banking, 41: 855-884

Kahn, C., Roberds, W. 2009. Why Pay? An Introduction to Payments Economics. Journal of Financial Intermediation, 18: 1-23

Kahn, C., Roberds, W. 2008. Credit and Identity Theft. Journal of Monetary Economics, 55: 251-264

Kahn, C., Roberds, W. 2007. Transferability, Finality and Debt Settlement. Journal of Monetary Economics, 54: 955-978

Editorial Board Member, Economics Bulletin, 2000-Present

Teaches courses in financial institutions, information and uncertainty, and game theory.

A specialist in the economics of information and uncertainty, his research focuses on the applications of the theory of contracts and incentives to banking and financial intermediation. Current projects include an examination of arrangements for payment systems, including clearing houses, wire-transfers, and electronic moneys, investigation of multi-unit auctions, and documenting features of consumer interest rate pricing by banks. He is a consultant to the Federal Reserve Banks of Atlanta and Cleveland.