Harry Huizinga is Professor of Economics and Chairman of the European Banking Center at Tilburg University. He is also a CEPR Research Fellow, and holds a PhD from Harvard University. His main fields of research are public economics and banking, with articles appearing in the Journal of Finance, the Journal of Financial Economics, the Journal of Monetary Economics, and the Journal of Public Economics. Previously, he held the position of Economic Adviser in the Directorate-General for Economic and Financial Affairs of the European Commission in the period 2000-2003. Harry Huizinga has on several occasions been a Visiting Scholar to the IMF and a Consultant to the World Bank