Claudio Borio is Head of Research and Policy Analysis at the Bank for International Settlements in Basel, Switzerland.

William Curt Hunter is Dean of the School of Business at the University of Connecticut and former Senior Vice President and Director of Research at the Federal Reserve Bank of Chicago.

George G. Kaufman is John F. Smith, Jr. Professor of Economics and Finance at Loyola University in Chicago and a consultant at the Federal Reserve Bank of Chicago.

Kostas Tsatsaronis is Head of Financial Institutions and Infrastructures in the Research and Policy Analysis Division at the Bank for International Settlements.