Carmen M. Reinhart is Professor of Economics at the University of Maryland and a Research Associate at the National Bureau of Economic Research.

Carlos A. Végh is Professor of Economics at the University of Maryland and a Research Associate at the National Bureau of Economic Research.

Andrés Velasco, on leave as Sumitomo Professor of International Finance and Development at Harvard's John F. Kennedy School of Government, is currently serving as Chile's Minister of Finance. He is also a Research Associate at the National Bureau of Economic Research.