10/04/18
VITA
WILLIAM F. FORD, Ph.D.
Weatherford Chair of Finance
MiddleTennesseeStateUniversity
Personal Data
Addresses:Home:1441 Bradberry Drive
Murfreesboro, TN 37130
Office:P.O. Box 27, MTSU
Murfreesboro, TN 37132
Telephones:Home:(615) 890-3883
Office:(615) 898-2889
Fax:(615) 898-5962
Email:wfford@.mtsu.edu
Web Site:http//
Education
University of Texas; Austin, Texas
Bachelor of Arts/Economics, Summa cum laude, 1961.
University of Michigan; Ann Arbor, Michigan
Master of Arts/Economics, 1962.
Ph.D./Economics, 1965.
StanfordUniversity; Palo Alto, California
Graduate/Senior Executive Program; GraduateSchool of Business
Administration, 1983
Honors and Awards
Faculty Outstanding Public Service Award winner (twice) 1995-96 and 2003-04, MiddleTennesseeStateUniversity
Academic Excellence Award (Statewide), Tennessee Board of Regents, December, 2003.
Outstanding Faculty Member Award, College of Business, Middle Tennessee State University, 2001-2002.
Faculty Research Award winner; MiddleTennesseeStateUniversity, 1998.
Honors and Awards (cont.)
Abramson Scroll Award winner (twice); The annual convention of the National Association for Business Economics (NABE) on September 12, 2000 “In recognition of an outstanding feature article published in Business Economics”, (The Journal of the National Association for Business Economics), and at the annual convention of the National Association of Business Economics in New Orleans on September 16, 1997, also,“ In recognition of an outstanding feature article published in Business Economics”.
A series of awards and proclamations from the Atlanta School Board for establishing a successful banking magnet school for inner-city high school students, 1980-83.
Honorary Doctorate, Florida Institute of Technology; 1982.
International Rotary Fellow, Chile, South America, 1970.
Ford Foundation Foreign Area Fellow, Mexico, 1964-1965.
Co-Winner, Fred M. Taylor prize in Economic Theory at the University of Michigan; 1963. This is the annual award given to the top Ph.D. candidate(s) in Economics.
NDEA Graduate Economics Fellowship winner; 1961- 1963.
Woodrow Wilson Fellowship winner; 1961.
Elected to Phi Beta Kappa; University of Texas; 1960 (Junior Year).
Affiliations
Member, Tennessee Lottery Task Force, 2002 – 03.
Director, National Association for Business Economics, NABE, 2002-05.
Associate Editor, Business Economics (The Journal of the National Association for Business Economics), 1997-.
Phi Beta Kappa Society Fellow; 1996-.
Phi Beta Kappa Associates of Nashville, Vice President, 1996-.
Trustee, MTSU Foundation, 1993-99.
Affiliations (cont.)
Director, Beech Street Corporation, 1993-2001.
Member, Editorial Board of the Bank Funds Management Report, published by Sheshunoff Information Services, Inc., 1993-98.
U.S. Chamber of Commerce, board member (various years).
Economics Committee, 1986-98.
Economics Committee Chairman, 1990-93.
Board of Directors and Nominating Committee 1988-91.
Member, The Bretton Woods Committee, 1985-.
Member, American Economic Association, 1966- (various years).
Member, MTSU Faculty Senate, 1996-2002.
Member, MTSU Symphony Board of Directors, 1994-5.
Member, Holocaust Studies Committee, MTSU, 1993-96.
Member, National Association for Business Economics, 1975-.
Member, Union Club and 50 Club of Cleveland 1986-90.
Member, Bankers’ Club of San Francisco, 1984-88.
Advisory Board Member; NationalCenter on Financial Services; University of California, Berkeley, California; 1984-87.
Member, Board of Visitors; BerryCollege, Rome, Georgia, 1981-86.
Co-Founder and member of the Northern Ohio chapter, Stanford University Business School Alumni Club, 1986-89.
Director, StanfordUniversityBusinessSchool’s Alumni Board; 1984-1985.
Military Service
United States Navy; Submarine Service.Honorably discharged, 1962.
Business and Consulting Experience
EXPERT WITNESS AND BUSINESS CONSULTING
Various clients, including RTC, FDIC, community banks etc.
1992-
BROADVIEW SAVINGS BANK
President and CEO
Cleveland, Ohio
1986-1990
FIRST NATIONWIDE FINANCIAL CORPORATION
AND FIRST NATIONWIDE BANK
President and COO, Director
San Francisco, California
1983-1985
FEDERAL RESERVE BANK OF ATLANTA
FEDERAL RESERVE SYSTEM OF THE UNITED STATES
President and CEO
1980-1983
WELLS FARGO BANK
Senior Vice President
San Francisco, California
1975-1980
AMERICAN BANKERS ASSOCIATION
Executive Director and Chief Economist
Washington, DC
1970-1975
TELECHECK SERVICES, INC.
Senior Economic Advisor/Consultant
Houston, Texas
1991-2002
Business and Consulting Experience (cont.)
CONSULTANT, IMF/WORLD BANK, SRI LANKA
1992-93
CONSULTANT, NATIONAL CREDIT UNION ADMINISTRATION
1992-93
Prior Academic and Research Experience
DENVERUNIVERSITY
College of Business
Dean and Professor of Finance
Denver, Colorado
1990-1991
TRANSYLVANIACOLLEGE
Professor, Business and Economics
Lexington, Kentucky
1969-1970
TEXASTECHUNIVERSITY
Associate Professor, Economics
Lubbock, Texas
1968-1969
UNIVERSITY OF VIRGINIA
Assistant Professor, Economics
Charlottesville, Virginia
1967-1968
RAND CORPORATION/ECONOMIC RESEARCH STAFF/CONSULTANT
Santa Monica, California
1965-1967
UNIVERSITY OF MICHIGAN
Teaching Fellow and Instructor
Ann Arbor, Michigan
Presentations to Academic, Public, and Business Groups
Over 300 presentations to local, national and international academic and business audiences. Also, see the attached list ofrecent TV and radio appearances for
related information.
Media experience
Over 500 media contacts/appearances via national and statewide radio networks, newspaper citations and appearances on national TV news shows.
See the attached list re recent major TV appearances.
Publications
Author of a Frederick A. Praeger book and over 100 published articles in academic and business journals, magazines and the financial press.
(See the attached list of publications.)
William F. Ford, Ph.D. *
Professor William F. Ford holds the Weatherford Chair of Finance in the College of Business at MiddleTennesseeStateUniversity. He formerly served as Dean of the Business School at the University of Denver; President and CEO of the Federal Reserve Bank of Atlanta; President and COO of First Nationwide Bank; Senior Vice President of Wells Fargo Bank; and as Executive Director and Chief Economist of the American Bankers Association. Dr. Ford often appears on nationwide and regional TV and radio business news shows as an economic policy expert and served as TeleCheck’s Senior Economic Advisor from 1990 – 2001. He has authored or coauthored about 100 articles in business and academic journals, has served on the boards of six corporations, NABE (the National Association for Business Economics), and the U.S. Chamber of Commerce. Dr. Ford is an elected Fellow of NABE and the Phi Beta Kappa Society. He also served as MTSU’s representative on the Tennessee Lottery Task Force and received MTSU’s Outstanding Public Service Award twice, in 1996 and 2004, and the distinguished Research Award, in 1997. Also, in 2004, he received the Tennessee Board of Regents’ (statewide) Academic Excellence Award for managing the Weatherford Chair of Finance’s programs.
A veteran of the U.S. Navy Submarine Service, he earned his B.A. in economics (summa cum laude), from the University of Texas; his M.A. and Ph.D. degrees from the University of Michigan and is a graduate of the Senior Executive Program at StanfordUniversity’s BusinessSchool.
*Contact information: or (615) 898-2889
William F. Ford
PUBLICATIONS
- Refereed Journal Articles
“The Obese Smoker’s Wage Penalty”, Social Science Quarterly, Vol. 87, No.4, pp 863-881, December, 2006, (with Charles L. Baum and Jeffrey Hopper).
“The Unemployment Effects of Proposed Changes in Social Security’s Normal Retirement Age”, Business Economics, Vol. 41, No. 2, April, 2006, pp. 38-46, (with Franklin Michello).
“Has a Quarter of a Trillion Dollar Settlement Helped the Tobacco Industry?”, Journal of Economics and Finance, Vol. 28, Fall 2004, pp. 430-44, (with Stuart J. Fowler).
“The Wage Effects of Obesity: A Longitudinal Study.” Health Economics, 13, February, 2004, pp. 885-899, (with Charles L. Baum).
“Economic Implications of an Attack on Iraq”, Business Economics, Vol. XXXVII, October, 2002, pp. 75-77.
“The Effect of ‘The Senior Citizens’ Freedom to Work Act’ on Employer-Provided Pension Plans and Medical Plans”, Benefits Quarterly, second issue, 2002, pp. 65-72. (with Charles L. Baum and Richard L. Hannah).
“Economic Impacts of the WorldTradeCenter and Pentagon Attacks”, Business Economics, Vol. XXXVI, No.4, October, 2001, pp. 75 - 77.
“The Effect of ‘Senior Citizens Freedom to Work Act of 2000’ on Delayed Retirement Incentives”, Labor law Journal, Spring, 2001, pp. 3-9, (with Charles L. Baum).
“Some Observations About the ‘Senior Citizens’ Freedom to Work Act of 2000”, Journal of Financial Service Professionals , January, 2001, pp. 72-79, (with Kenneth W. Hollman and Robert D. Hayes).
“How FASB’s Proposed New Merger Accounting Standards Will Affect Insurance Companies”, CPCU Journal, Volume 53, No. 4, Winter, 2000, pp. 215-222, (with Kenneth Hollman and Zabihollah Razaee).
“Proposed Accounting Standards on Business Combinations: Implications on the Business Community”, Management Accounting Quarterly, Fall, 2000, pp. 26-33, (with William Grasty and Zabihollah Razaee).
“Economic Implications of the Human Genome Project (HGP)”, Business Economics, Vol. XXXV, No.4, October, 2000, pp. 57-59, (with Matthew J. Elrod-Erickson).
“Economic Implications of ‘The Senior Citizens’ Freedom to Work Act of 2000’”, Business Economics, Vol. XXXV, No.3, July, 2000, pp 59-62.
“The Role of Internal Auditors in a Real-Time Accounting System”, Internal Auditor, April, 2000, pp. 62-67, (with Rick Elam and Zabihollah Razaee).
“A Primer on Internet Economics”, Business Economics, Vol. XXXIV, No. 4, October, 1999, pp. 42-50, (with Albert E. DePrince, Jr.). This article was awarded the Abramson Scroll, on September 12, 2000, at the annual convention of the National Association for Business Economics “In recognition of an outstanding feature article published in Business Economics”.
“Financial Services Industry Technology: Is the Y2K Challenge a Harbinger of Things to Come?”, Business Economics, August 1998, pp. 34-39 (with Albert E. DePrince, Jr.).
“The U.S. Treasury’s Inflation Protected Securities: Market Reactions and Policy Effects”, Business Economics, Vol. XXXIII, No. 1, January 1998, pp. 47- 53, (with Albert E. DePrince, Jr.).
“The Use of Inflation-Indexed Securities in the Life Insurance Industry”, Research Review (Journal of the Society of Insurance Research), December, 1997, pp. 17-20, (with Emily Norman Zietz.).
“The Impact of Proposed Flat Tax Programs on U.S. Financial Markets”, BusinessEconomics, Vol. XXXI, No. 1, January 1996, pp. 29-34 (with Albert E. DePrince, Jr.).
“The Insurance Industry: Navigating the Sea of Change”, BusinessEconomics, Vol. XXVIII, No. 4, October 1993, pp. 9-14 (with Albert E. DePrince, Jr.).
“The Changing Fortunes of Bank Economists”, BusinessEconomics, Vol. XXVIII, No. 1, January 1993, pp. 50-55 (with Albert E. DePrince, Jr.).
“The Changing Role of the Federal Reserve in the Payments System”, Journal of Cash Management, Volume 3, No. 2, April/May 1983, pp. 12-19.
“Competition and Evolution in the Banking Industry”, a speech presented at the annual meeting of the National Association of Business Economists in San Francisco, October 11, 1976. Published in Business Economics, January 1977, pp. 38-42. Reprinted as “Required Reading” in the American Banker, December 2, 1976, pp. 4, 7-8. Also reprinted in Banker’s Viewpoint, Spring 1977, pp. 34-36.
“Corporate Profits, Bank Credit, and the Financial Outlook”, Business Economics, January 1976, pp. 56-60.
“Stretching Dollars for the Unemployed”, Journal of Home Economics, November 1975, pp. 34-36.
“Monetary Policy Implications of the Hunt Commission Report”, Quarterly Review of Economics and Business, Autumn 1973, No. 3, pp. 93-103 (with John C. Tucillo).
“The Computer, the Broker, and the Stock Market: A Speculative Note”, Computers and Automation, April 1971, pp. 8-15 (with O. D. Bowlin and W. P. Dukes).
“Additional Evidence on the Social Characteristics of Riot cities”, Social Science Quarterly, September 1970, pp. 339-348 (with John H. Moore).
“Reply to Eatherly”, Social Science Quarterly, June 1970, pp. 178-180 (with Robert D. Tollison).
“Notes on the Color of the Volunteer Army”, Social Science Quarterly, December 1969, pp. 544-547 (Also with Tollison). Reprinted in Charles M. Bonjean and Louis A. Zurcher (eds.) Planned Social Intervention (San Francisco, Chandler Publishing Co., 1970, pp. 218-221).
II. Books & Book Chapters, Conference Proceedings and Other Published Manuscripts
“Smoking and Obesity”, Tennessee’s Business, Vol.16, No.2, 2007, pp.29-32 (with Charles L. Baum and Jeffrey D. Hopper).
“The Unemployment Rate Effects of Delayed Retirement Policies”, Proceedings of the Academy of Economics and Finance, forthcoming, (with Franklin A. Michello).
“The Obese Smoker’s Wage Penalty”, Proceedings of the Academy of Economics and Finance, February 2004, Vol. 28, pp. 55 – 64 (with Charles L. Baum and Jeffrey D. Hopper).
“The Obesity Wage Penalty”, Proceedings of the Academy of Economics and Finance, February 2003, Vol. 27, pp. 34-43 (with Charles L. Baum and Jeffrey D. Hopper).
“The Fed’s New Discount Mechanism: Implications for Community Bank Funds Managers”, Special Report, (Austin, Texas, Sheshunoff Information Services Inc.), March, 2003, pp. 1-8 (with Albert E. DePrince, Jr.).
“The World’s Most Profitable Company”, ABA Banking Journal, December, 2002, pp. 48-51, (with Albert E. DePrince, Jr.).
“The Academic Planning Implications of the ‘Senior Citizens’ Freedom to Work Act of 2000’”, Planning For Higher Education, Winter, 2001, pp. 20 - 26 (with Charles L. Baum).
“Implications of the Financial Modernization Act for U.S. Community Banks”, Special Report, (Austin, Texas, Sheshunoff Information Services Inc.), December, 1999, pp. 1-8 (with Albert E. DePrince, Jr.).
“The New High Performers Stretch Their Lead”, ABA Banking Journal, November, 1999, pp. 36 – 39, 46 (with Albert E. DePrince, Jr. and Thomas H. Strickland).
“How the New Accounting Rules Will Affect Bank Mergers”, Special Report, (Austin, Texas, Sheshunoff Information Services Inc.), September, 1999, pp. 1-8 (with Zabihollah Razaee).
“Greenspan’s Deflation Speech in Perspective”, Special Report, (Austin, Texas, Sheshunoff Information Services, Inc.), February 1998, pp. 1-4 (with Albert E. DePrince, Jr.).
“Indexed Treasuries Will Spawn New Trust Products”, Banking, April 1997, pp. 61-62.
“Results of the Treasury’s First Issue of TIPS”, Special Report, (Austin, Texas, Sheshunoff Information Services Inc.), March, 1997, pp. 1-4 (with Albert E. DePrince, Jr.).
“1994: Another Record Setting Year for America’s Financial Industry”, Financial Industry Conference Proceedings, MiddleTennesseeStateUniversity, 1995, p. 2.
CorporateCreditUnionNetworkInvestments: RisksandRiskManagement (Alexandria, Va.: National Credit Union Administration, 1994), p.72 Co-authored by Harold A. Black, Albert E. DePrince, Jr., James R. Kudlinski, and Robert L. Schweitzer.
“The Public Policy Roots of recent Thrift Crises”, in Ideas, Their Origins, and Their Consequences: Lectures to Commemorate the Life and Works of G. Warren Nutter, (Washington, DC, American Enterprise Institute, 1988), pp. 209-31.
“Financial Franchise Teams: Can They Work?”, in Bankers Desk Reference, edited by Edwin B. Cox (Boston, Warren, Gorham & Lamont, 1985), pp. 96-106.
“Product Diversification”, in Identification and Control of Risk in the Thrift Industry, (San Francisco, Federal Home loan Bank of San Francisco, 1984), pp. 54-60.
“Looking Beyond the Current Recovery”, in Great Issues of 1983, (Troy, Alabama, Troy State University Press, 1984), pp. 107-120.
“Beyond the Current Recovery: Facing Our Structural Problems”, Economic Review, Federal Reserve Bank of Atlanta, July 1983, pp. 4-11. Reprinted as “Required Reading” in American Banker, June 6, 1983. Also reprinted in Vital Speeches of the Day, Volume XLIX, No. 21, August 15, 1983, pp. 654-659.
“Banking’s New Competition: Myths and Realities”, Economic Review, Federal Reserve Bank of Atlanta, January 1982, pp. 4-11. Reprinted as “Required Reading” in the American Banker, February 1, 1982, pp. 4, 6, 10, and 12.
“The Future of the Financial Services Industry”, Economic Review, Federal Reserve Bank of Atlanta, September 1981, pp. 32-33.
“The Payments System of the 1980’s”, speech before the Second Annual Shared EFT Systems Conference, Atlanta, February 5, 1981. Published as a special monograph by the Federal Reserve Bank of Atlanta, February, 1981, 30 pp. Reprinted as “Required Reading”, American Banker, March 25, 1981, pp. 4, 8, 9, 18, 22, and 23.
“Where Are Banking Profits Headed As the Economy Plummets?”, Banking, June 1980, pp. 52 and 54.
“A Trip Into the Future With a Traveling Banker”, Banking, June 1980, pp. 105, 107, and 108.
“The Outlook for California’s Banking Markets in the 1980’s”, The Bankers Magazine, Volume 162, No. 5, September-October 1979, pp. 101-107, (with Willard F. Sprague).
“A Indentificacao de tecnologias obsoletas em regioes avancadas e seu uso nas regioes atrasadas”, in Identificacao de Projetos (Rio de Janeiro, Zahar Editores, 1979), pp. 72-82. (co-authored with Ralph C.J. von Gersdorff; Fundacao Getulio Vargas).
“Story Behind Banking Industry’s Profits and Losses, 1972-80”, Banking, July 1979 ,pp. 54-55, 58, 60, and 62 (with Tim Howard).
“Using High-performance Data to Plan Your Bank’s Future”, Banking, October 1978, pp. 40-41, 43-44, 46-48, and 162.
“Bell Ringers” How 1,000 High-Performance Banks Weathered the Recent Recession”, Banking, April 1978, pp. 36-38, 41-42, 45, 48.
“Why Some (Savings and Loan) Associations Perform Far Above Average”, Federal Home Loan Bank Journal, November 1977, pp. 7-13 (with David L. Smith and Donald M. Kaplan). Excerpts appeared in the National Thrift News, October 27, 1977. Reprinted, in full, in National Savings and Loan League Journal, December 1977, pp. 11-15.
“The Competitive Environment Facing Savings and Loan Associations”, a speech presented to the Joint Meeting of the Boards of Directors of the Cincinnati and San Francisco Federal Home Loan Banks, at their San Francisco Office, December 8, 1976. Published as a monograph by the Federal Home Loan Bank, San Francisco, January 1977, 10 pp. Reprinted in the National Thrift News, January 6, 1977, pp. 1 and 21.
“How to Manage High Performance Banks”, Banking, August 1976, pp. 36- 38, 80-92 (with Dennis A. Olson).
“Competition in the Consumer Financial Service Markets”, (San Francisco, Federal Home Loan Bank of San Francisco, May 1975), pp. 24. Reprinted in The Money Manager, July 21, 1975, pp. 15, 16, and 43. Also reprinted as “Required Reading” in the American Banker, August 7, 1975, pp. 4, 6, 7, 10-12, and reprinted partially in Financial Intermediaries, An Introduction -Second Edition, by Benton E. Gup, 1980, pp. 409-410.
“Banking on Our Banks”, Nation’s Business, April 1973, pp. 36-37. Reprinted in Wells Fargo Bank’s Business Review, September 1975.
“Profitability: Why Do Some Banks Perform Better Than the Average? An In-Depth Analysis”, Banking, October 1973, pp. 29-33, and 54.
“Where (and how) Thrift Institutions Are Moving Into Third-Party Payments”, Banking, October 1972, pp. 28-30, 82-84, (with Marylin G. Mathis, American Bankers Association).
“Environmental Pollution, the Terms of Trade and the Balance of Payments of the United States”, Studies in International Business Economics, Institute of International Studies, University of California at Berkeley, March 1971, pp. 23 (with Stephen P. Magee). Reprinted in Kyklos, Fasc. I, 1972, pp. 101-118.
Mexico’s Foreign Trade and Economic Development (New York: Frederick A. Praeger, 1968), 129 pp. plus appendices.
Commercio Exterior y Desarollo Economico de Mexico (Mexico City: Editorial Diana, 1968), 154 pp. plus appendices. (This is the Spanish edition of the above).
III. Articles in Trade Publications, Newspapers, etc.
“Katrina Moderates, But Does Not Derail, A solid Economic Expansion”, NABE Outlook, September 2005, pp 1-3 with (Kathleen Camilli, Carl Tannenbaum and Chris Varvares).
“‘Soft Patch’ to Pass, Leaving Fed More Work to Do”, NABE Outlook, May 2005, pp 1-3 with(Kathleen Camilli, Carl Tannenbaum, and Chris Varvares).
“Green Light for the Economy, but Red Ink to Persist”, NABE Outlook, February 2005, pp. 1-3, with (with K. Camilli, Carl Tannenbaum and Chris Varvares).
“Passing of Election Clears the Way for a Happy New Year”, NABE Outlook, November 2004, pp 1-3 (with K. Camilli, Carl Tannenbaum and Chris Varvares).
“President Bush Does Well on the Economy”, The Tennessean, pp 27a, 28a, Sunday, October 24, 2004.
“President Bush’s Economic Plans For The Next Four Years”, Tennessee’s Business, Vol. 14, #1, October 2004, pp. 16, 17 & 25.
“Soft Patch Will End, Better Traction Ahead”, NABE Outlook, October 2004, pp. 1-3, (with Carl Tannenbaum & Chris Vavares).
“Strong GDP Growth, More Jobs, Higher Inflation and Interest Rates”, NABE Outlook,May 2004, pp. 1-3, (with Carl Tannenbaum and Chris Varvares).