Rebel A. Cole Explained

Rebel A. Cole
Birth Name:Rebel Allen Cole
Birth Date:August 25, 1958
Birth Place:Asheville, NC
Occupation:Professor
Education:
  • Bachelor's of Arts in Economics, University of North Carolina at Chapel Hill
  • Ph.D. in Business Administration, University of North Carolina at Chapel Hill
Genre:Finance
Notableworks:
  • Agency costs and ownership structure (Journal of Finance, 2000)
  • The importance of relationships to the availability of credit (Journal of Banking and Finance, 1998)
  • Cookie-cutter versus character: The micro structure of small-business lending by large and small banks (Journal of Financial & Quantitative Analysis, 2004)
Spouse:Caroline Lee
Relatives:
  • Gail K. Godwin
  • Franchelle Millender

Rebel A. Cole is the Lynn Eminent Scholar Professor of Finance in the College of Business at Florida Atlantic University in Boca Raton, Florida, where he has taught since August 2016. He teaches graduate-level classes in corporate finance and financial institutions.

Personal life

Cole was born in Asheville, North Carolina on August 25, 1958 to Frank Allen Cole and Kathleen Krahenbuhl Godwin Cole. He attended St. Genevieve-Gibbons Hall for primary school, the Asheville School and Asheville High School for high school, and the University of North Carolina at Chapel Hill for college and graduate School. From UNC, he received an A.B. in Economics, Industrial Relations, and Political Science in May 1981 and a Ph.D. in Business Administration with specialization in Finance in May 1988. His sister is the lawyer Franchelle Millender, and his half-sister is the author Gail Godwin. In 2006, he married the author Caroline Lee in Nashville, TN. They lived in the Chicago Loop from 2006 until 2016, when they moved to Delray Beach, Florida.

Career

After receiving his PhD in Business Administration from the University of North Carolina at Chapel Hill, Cole began his career in late 1987 as a financial economist at the Federal Home Loan Bank Board, during the height of the savings & loan crisis. Here, he began a series of scholarly articles on the failures of thrift institutions, which he continued from 1989 - 1991 as a financial economist at the Federal Reserve Bank of Dallas. Cole returned to Washington in 1991 as a supervisory financial analyst in the Division of Banking Supervision & Regulation at the Federal Reserve Board where he led the development of SEER—the Fed's statistical early warning system for bank failures.[1] After completing development of SEER in 1993, Cole transferred to the Board's Division of Research & Statistics, where he was the co-principal investigator of the 1993 National Survey of Small Business Finance.[2] In this position, he began what has become more than 25 years of research on the availability of credit to small firms. After completion of the survey in 1997, Cole spent one year as Chief Economist of the Employment Policies Institute in Washington D.C. before returning to academia as a professor of finance at the University of Auckland in New Zealand. After two year, Cole moved to Sydney, Australia to take a professorship at the University of New South Wales—One of Australia's most prestigious universities. He remained at UNSW until July 2003, when he moved back to the U.S. for a professorship at DePaul University in Chicago, where he remained until August 2016. In August 2016, he took his current position at FAU. Since leaving the Fed in 1997, Cole also began a second career as a special advisor to the International Monetary Fund, the World Bank, and the Asian Development Bank, providing training to central bankers primarily on issues related to banking supervision. In this capacity, he has led or participated in more than 70 international missions to central banks in more than 50 countries.

Cole is a prolific author who, according to Google Scholar, has written more than 100 articles that have been cited by other scholars more than 13,000 times[3] and have appeared in such leading academic journals as The Journal of Finance, the Journal of Financial Economics, the Journal of Financial and Quantitative Analysis, the Journal of Financial Intermediation and the Journal of Corporate Finance.[4] He is best known for his works on agency costs & ownership structure and the access to credit by privately held firms. His research interests focus on corporate governance, entrepreneurship, financial institutions and real estate.[5] [6]

In addition to academic pursuits, Cole has been a frequent commentator in the media about the Covid-19 pandemic. [7] [8] [9] [10] [11] [12] [13]

He is a co-developer of a popular Covid-19 tracker website for the state of Florida, which provided comprehensive and intuitive charts on Florid Covid-19 testing, hospitalizations and deaths during 2020 - 2021.[14] [15] [16]

Cole also has been an active commentator in the media. During his career, he has been interviewed for and cited in stories in the Wall Street Journal, [17] [18] [19] [20] [21] the Financial Times,[22] [23] the New York Times, [24] [25] the Washington Post, [26] [27] Forbes Magazine, [28] [29] the American Banker, [30] Bloomberg,[31] the Chicago Tribune, the Huffington Post, NPR's All Things Considered,[32] Voice of America News, the Washington Times, and Yahoo Finance.

He has appeared in television interviews on CNN,[33] First Business News, Fox Business News,[34] the PBS Nightly Business Report, NBC's Today Show, as well as on local Chicago and Florida stations.[35] [36]

Bibliography: Refereed Publications

Bibliography: Non-Refereed Publications

External links

Notes and References

  1. https://fraser.stlouisfed.org/title/federal-reserve-bulletin-62/january-1995-20873/fims-a-new-monitoring-system-banking-institutions-83239?start_page=4
  2. https://www.federalreserve.gov/pubs/oss/oss3/nssbf93/nssbf93home.html
  3. https://scholar.google.com/citations?hl=en&user=suJMlHoAAAAJ
  4. https://scholar.google.com/citations?user=suJMlHoAAAAJ&hl=en&oi=ao
  5. https://ssrn.com/author=15769
  6. https://publons.com/researcher/3125397/rebel-cole/
  7. https://www.palmbeachpost.com/news/20200406/coronavirus-florida-sba-loan-program-frustrates-borrowers
  8. https://www.mysuncoast.com/2020/07/15/is-floridas-covid-positivity-rate-accurate-labs-not-reporting-negative-test-results/
  9. https://www.sun-sentinel.com/coronavirus/fl-ne-coronavirus-florida-unemployment-claims-week-ended-july-11-20200716-3qnnv7pvsvcgbdfb23m3ke7u6a-story.html
  10. https://www.sun-sentinel.com/coronavirus/fl-ne-coronavirus-unemployment-claims-week-ended-may-30-20200604-s3ojn4gsyfdj3i7em2vszzf6ge-story.html
  11. https://www.orlandosentinel.com/opinion/central-florida-100/os-central-florida-100-reopening-schools-and-learning-lessons-from-the-past-20200724-htmlstory.html
  12. https://www.palmbeachpost.com/news/20200507/coronavirus-florida-flailing-corporations-gobbled-up-small-business-loans-that-ok
  13. https://news.bloomberglaw.com/daily-labor-report/floridians-fared-worst-in-study-of-pandemic-unemployment-relief
  14. https://www.fox35orlando.com/video/833416
  15. https://cbs12.com/news/local/fau-researchers-create-new-covid-19-tracker
  16. https://business.fau.edu/covidtracker/developers/
  17. https://www.wsj.com/articles/small-businesses-hit-hard-by-pandemic-are-being-starved-of-credit-11608476400
  18. https://www.wsj.com/articles/u-s-releases-names-of-biggest-ppp-borrowers-11594047600
  19. https://www.wsj.com/articles/sba-loans-to-charge-0-5-interest-can-be-forgiven-if-used-to-save-jobs-11585684556
  20. https://www.wsj.com/articles/bank-loans-arent-the-best-way-to-spark-startups-1479697501
  21. https://www.wsj.com/articles/entrepreneurs-may-be-a-lot-more-creditworthy-than-they-think-1432317799
  22. https://www.ft.com/content/0547de21-113a-4e65-9095-fda013914159
  23. https://www.ft.com/content/e63cbe88-6d46-4119-9067-e10a926c61c2
  24. https://www.nytimes.com/2013/08/02/business/barclays-caught-short-is-now-in-a-bind.html
  25. https://www.nytimes.com/2012/03/15/business/economy/questions-as-banks-increase-dividends.html?pagewanted=all
  26. https://www.washingtonpost.com/national/on-leadership/creating-better-banks-of-america/2011/09/20/gIQAYlVriK_story.html
  27. https://www.washingtonpost.com/wp-dyn/content/article/2010/09/24/AR2010092400126.html
  28. https://www.forbes.com/sites/robbmandelbaum/2017/05/29/the-cfpb-wants-data-on-small-business-loans-bankers-are-outraged/#78c9a5e5ebc3
  29. https://www.forbes.com/sites/robbmandelbaum/2018/01/31/trying-to-goad-more-small-business-bank-loans-somebody-will-object/#3577eba71556
  30. https://www.americanbanker.com/news/federal-home-loan-bank-borrowings-jump-by-another-30-billion
  31. https://www.bloomberg.com/news/articles/2011-09-14/bofa-retreat-may-aid-pnc-as-regional-banks-challenge-too-big-to-fail-firms
  32. https://www.npr.org/2011/09/12/140402188/bank-of-america-tries-to-right-acquisition-wrongs
  33. http://edition.cnn.com/TRANSCRIPTS/1109/12/cnr.07.html
  34. https://www.youtube.com/watch?v=yDgA97oVnAk
  35. https://www.fox35orlando.com/news/tracking-coronavirus-245-more-covid-19-deaths-reported-by-florida-health-officials
  36. https://www.fox35orlando.com/news/florida-professor-questioning-covid-19-death-counts