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University of Kansas Snow Hall 1460 Jayhawk Blvd., Room 356 Lawrence, Kansas 66045-7585 |
Lawrence, KS 66047-1832 |
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Fax: |
785-864-5270 |
785-832-1527 |
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Web: Blog: |
http://alum.mit.edu/www/barnett http://economistmind.blogspot.com/ |
EMPLOYMENT:
Oswald
Distinguished Professor of Macroeconomics, University of Kansas,
Lawrence, KS 66045 (8/02 - present)
Director, Advances in Monetary and Financial Measurement, Center for Financial Stability, New York, NY 10036 (5/11 - present)
Core
Faculty Member, Center for Global and International Studies, University of Kansas, Lawrence, KS 66045 (8/09 -
present)
Visiting Positions
9/80 - 1/81: Visiting Professor, Department of Economics, Johns Hopkins University, Baltimore, Maryland.
6/80 - 7/80: Visiting Professor, Université de Droit D'Économie, Aix-en-Provence, France.
8/86 - 9/86: Visiting Professor, Department of Econometrics & Operations Research, Monash University, Clayton, Victoria, Australia.
9/87
- 6/88: Visiting Professor, Department of Economics, Duke
University, Durham, North Carolina.
Prior Employment
9/90 - 6/02: Professor of Economics, Washington University, St. Louis, MO 63130.
1/82 - 9/90: Stuart Professor of Economics, University of Texas at Austin, Austin, TX 78712.
7/73 - 12/81: Research Economist, Special Studies Section, Division of Research and Statistics, Board of Governors of the Federal Reserve System, Washington, DC 20551.
8/77 - 12/80: Research Associate, Graduate School of Business Administration, University of Chicago, under NSF research grant (See Awards below).
7/63 - 6/69: Rocketdyne Division of Rockwell International Corporation, development engineering on F-1 and J-2 rocket engine systems (Apollo Project).
As
student: Summer employment at Rochester Products Division of
General Motors. Academic assistantships at Carnegie Mellon
University.
EDUCATION:
Carnegie Mellon University: interdepartmental joint program, economics and statistics (9/69 - 6/73): M.A. in economics, June 1970; Ph.D. in statistics (joint program in economics), June 1974.
University of California at Berkeley: 9/64 - 6/65 during educational leave of absence from Rocketdyne, business administration (finance and economics), M.B.A. degree.
M.I.T.:
9/59 - 6/63, mechanical engineering major, industrial management
minor, B.S. degree
Employer Supported Education
University of Chicago: 9/67 - 6/69, economics graduate study (econometrics and mathematical economics), during funded leave of absence from Rocketdyne.
University
of Southern California and UCLA: 9/63 - 9/64 and 6/65 - 6/67,
night graduate study in mathematics and statistics while
employed full time at Rocketdyne.
AWARDS AND HONORS:
Special
issue of the Journal of
Econometrics in my honor on the topic of "Internally
Consistent Modeling, Aggregation, Inference, and Policy,"
coedited by James Heckman and Apostolos Serletis, forthcoming.
Special
issue of Econometric Reviews
in my honor on the topic of "Econometrics with Theory: A
Volume Honouring William A. Barnett," coedited
by James Heckman and Apostolos Serletis, forthcoming.
1861
Circle Inaugural Member of the MIT Alumni Association,
Massachusetts Institute of Technolgy, since 2010.
Included on list of history's most distinguished Jewish scholars, since 2010 (www.jinfo.org).
Invited
as official "VIP Guest" of the Governor of the Central Bank,
Bank of Cambodia, June 3 - June 10, 2006.
Fellow,
World Innovation Foundation (including 86 Nobel Laureates, of
which 8 are in Economics), since 2005. See:
www.thewif.org.uk.
Elected to Advisory Council, Society for Computational Economics, 2005-2008.
Charter Fellow, Fellows of the Journal of Econometrics (i.e., selected to be among the 16 original Fellows, when the J. E. Fellows were formed in 1988).
Fellow, American Statistical Association, since 1989.
Fellow,
The IC2 Institute, since 1983. The IC2
Institute has been a primary source of funds for many of the
conferences in the International Symposia in Economic Theory
and Econometrics series, which produces many of the
volumes in the monograph series I edit.
Biography in Who's Who in Economics: A Biographical Dictionary of Major Economists 1700 to 1995, third edition, edited by Mark Blaug, published by Edward Elgar Publishing Limited. That biography is available online on the Web at URL location: http://econ.tepper.cmu.edu/barnett/Who.html.
Program Chair Elect, Business and Economics Section of the American Statistical Association, 1992; Program Chair, 1993.
"Statistics under the Spotlight: Improving the Consumer Price Index," taped transcript of speaker and discussion (with Katharine Abraham, Robert Gordon, Jack Triplett, David Wilcox, and Kirk Wolter) in special invited ASA session on the Consumer Price Index. The transcript of the tape was published in the Proceedings of the American Statistical Association Meetings, Section on Government Statistics, 1996, and online by the Social Science Research Network, at which it has been listed in the Top Ten download list for the journal topic "Macroeconomics" All time Hits beginning in December 1999.
Omicron Delta Epsilon, Sigma Xi.
While graduate student: R.K. Mellon and N.D.E.A. Fellowships, N.S.F. Traineeship.
N.S.F. Grant SOC 76-84459, Co-Principal Investigator (Principal Investigator: Henri Theil), 6/77 - 12/80.
University Research Institute grant, University of Texas at Austin, summer of 1982.
Hogg Foundation research grant, summer of 1983.
N.S.F. Grant SOC 8305162, 8/83 - 7/88, principal investigator.
N.S.F. funding through the CEME/NBER program for the 1988 conference in my International Symposia in Economic Theory and Econometrics series.
N.S.F.
Grant SES-9223557, Principal Investigator, "Monte Carlo
Investigation of Three Issues: Exact Monetary Aggregation under
Risk, Tests for Nonlinearity and Chaos, and the AIM Model's
Regularity Properties," July 1, 1993 – December 1996.
Jan
Wallander and Tom Hedelius Foundation Grant, "Testing for
Rationality and Separability," Consulting Member of Team and
Director of Semiparametric Testing Project, administered by Lund
University in Sweden, August 2003 - June 2007.
Australian
Research Council Grant DP120102219, Partner Investigator,
"Carbon Pricing and Its Impact on the Productivity Growth of
Australian Industries," administered by Monash University in
Australia, 2012 - 2014.
Frequent conference funding grants, RGK Foundation and The IC2 Institute, 1983 - present.
Listed with biography in Who's Who in America, Who's Who in the World, Who's Who in the East, Who's Who in the South and Southwest, American Men and Women of Science, Who's Who in Finance and Industry, Who's Who in Science and Engineering, Dictionary of International Biography, Who's Who in American Education, Who's Who in Technology Today.
Econometric
Associate, Association for Economic Science, at the founding of
that society.
PROFESSIONAL MEMBERSHIPS:
American
Economic Association
Econometric Society
American Statistical Association
DOCTORAL DISSERTATION:
"Labor
Supply and the Allocation of Consumption Expenditure."
FIELDS OF RESEARCH:
Financial
economics, financial econometrics, microeconomic
foundations for macroeconomics and monetary theory,
capital asset pricing, financial aggregation theory, monetary
asset demand modeling, extensions of index number theory to
risk, empirical and theoretical consumer demand modeling,
applied and theoretical econometrics, the household production
function approach, application of the Laurent and
Müntz-Szatz series in consumer demand and factor demand
systems modeling, Bayesian and sampling theoretic inference in
infinite dimensional parameter spaces, semiparametric and
seminonparametric inference, macroeconometrics, tests for
nonlinearity and chaos, nonlinear time series, frequency domain
time series, location of bifurcation boundaries in
macroeconometric models.
PUBLICATIONS:
Books
Published, But Not within Monograph Series of Which I Am
Editor:
Consumer Demand and Labor Supply: Goods, Monetary Assets, and
Time, North-Holland,
Amsterdam, 1981.
The Theory of Monetary Aggregation, coedited by William Barnett and Apostolos Serletis. The book consists of reprints and extensive unifying discussion of my published articles on the subject of financial aggregation and index number theory. The Preface is by W. Erwin Diewert. The book appeared in 2000 the North-Holland monograph series, Contributions to Economic Analysis, edited by D. W. Jorgenson, R. Blundell, J. J. Laffont, T. Persson, and J. Tinbergen.
Functional
Structure and Approximation in Econometrics, coedited by
William Barnett and Jane Binner. The book consists of
reprints and extensive unifying discussion of my published
articles on the subject of functional structure in
econometrics. The book appeared in 2004 in the
North-Holland monograph series, Contributions to Economic
Analysis.
Inside the Economist's Mind:
Conversations with Eminent Economists, coedited by Paul
A. Sameulson and William A. Barnett, Blackwell Publishing, 2007,
ISBN 978-1-4051-5715-5 (hardcover) - 3 (paperback)
Korean
translation: Inside the
Economist's Mind: Conversations with Eminent Economists,
coedited by Paul A. Sameulson and William
A. Barnett, translated into Korean by Jeong Ho Hahm and Tae Hong
Jinn. Published by JISIK-SANUP Publishing Co.Ltd. in
Seoul, March 27, 2008. ISBN 978-89-423-3071-0.
Chinese
translation: Inside the Economist's Mind:
Conversations with Eminent Economists, coedited by Paul A. Sameulson and William A. Barnett,
translated into Simplified Chinese by Cao Heping.
Published by Peking University Press in Beijing, China, October
1, 2008. ISBN 978-7-301-14225-7.
Russian translation: Inside the Economist's Mind: Conversations with Eminent Economists, coedited by Paul A. Sameulson and William A. Barnett, translated into Russian by E. Pestereva and E. Kalugin and edited by O. Nizhelskaya. Published in December 2008 by Alpina Business Books in Moscow in the Moscow School of Management SKOLKOVO series, having ISBN 978-5-9614-0633-7. The book's own ISBN is 978-5-9614-0793-8.
German
translation: Inside the Economist's Mind:
Conversations with Eminent Economists, coedited by Paul A. Sameulson and William A. Barnett,
translated into German by Brigitte
Hilgner. Published in December 2009 by Wiley VCH with ISBN
978-3-527-50444-2.
Financial Aggregation and Index Number Theory, William A. Barnett and Marcelle Chauvet, World Scientific Publishing, ISBN 9814293091, 2011.
Getting It Wrong: How Faulty
Monetary Statistics Undermine the Fed, the Financial System,
and the Economy, MIT Press, 2012.
Books I Coedited
within Monograph Series of Which I am also the General Series
Editor:
(see Editorships below for
more details)
New Approaches to Monetary Economics, coedited by William A. Barnett and Kenneth Singleton, Cambridge University Press, 1987.
Dynamic Econometric Modeling, coedited by William A. Barnett, Ernst Berndt, and Halbert White, Cambridge University Press, 1988.
Economic Complexity: Chaos, Sunspots, Bubbles, and Nonlinearity, coedited by William A. Barnett, John Geweke and Karl Shell, 1989.
Nonparametric and Semiparametric Methods in Econometrics and Statistics, coedited by William A. Barnett, James Powell and George Tauchen, Cambridge University Press, 1991, both hardbound and paperback editions.
New Approaches to Modeling, Specification Selection, and Econometric Inference, coedited by William A. Barnett and Ronald Gallant, Cambridge University Press, 1989.
Economic Equilibrium Theory and Applications, coedited by William A. Barnett, Andreu Mas-Colell, Jean Gabszewicz, Claude D'Aspremont, and Bernard Cornet, Cambridge University Press, 1991.
Political Economy: Institutions, Information, Competition and Representation, coedited by William A. Barnett, Melvin Hinich, Howard Rosenthal, and Norman Schofield, Cambridge University Press, 1993.
Social Choice, Welfare and Ethics, coedited by William A. Barnett, Maurice Salles, Hervé Moulin, and Norman Schofield, Cambridge University Press, 1995.
Dynamic Disequilibrium Modeling: Theory and Applications, coedited by William A. Barnett, Giancarlo Gandolfo and Claude Hillinger, Cambridge University Press, 1996.
Nonlinear Dynamics and Economics, coedited by William A. Barnett, Alan Kirman and Mark Salmon, Cambridge University Press, 1996.
Nonlinear Econometric Modeling in Time Series Analysis, coedited by William A. Barnett, David Hendry, Svend Hylleberg, Timo Teräsvirta, Dag Tjöstheim, and Allan Würst, Cambridge University Press, 2000.
Commerce, Complexity, and Evolution: Topics in Economics, Finance, Marketing, and Management, coedited by William A. Barnett, Carl Chiarella, Steve Keen, Robert Marks, and Hermann Schnabl, Cambridge University Press, 2000.
Economic
Complexity: Non-Linear Dynamics, Multi-Agents Economies,
and Learning, coedited by William A. Barnett, Christophe Deissenberg and Gustav Feichtinger, North Holland, 2004.
Economic Complexity: Chaos, Sunspots, Bubbles, and Nonlinearity, coedited by William A. Barnett, John Geweke and Karl Shell, paperback edition, 2005 [original hardbound edition published in 1989]
Topics in Analytical Political
Economy, coedited by William A. Barnett and Melvin
Hinich, Elsevier, 2007.
Functional Structure Inference,
coedited with Apostolos Serletis, Elsevier, 2007.
New
Approaches to Monetary Economics, coedited by William A.
Barnett and Kenneth Singleton, Cambridge University Press,
paperback edition 2008 [original hardbound edition published in
1987].
Nonlinear Modeling of Economic and
Financial Time-Series, coedited by William A. Barnett
and Fredj Jawadi, Emerald Press, 2010.
Dynamic Disequilibrium Modeling: Theory and Applications, coedited by William A. Barnett, Giancarlo Gandolfo and Claude Hillinger, Cambridge University Press, paperback edition 2011. [original hardbound edition published in 1996].
Books for Which I
Served Solely as Monograph Series General Editor:
(see Editorships below for
more details)
Hsiao,
Cheng, Kimio Morimune, and James L. Powell (eds.), Nonlinear
Statistical Modeling: Essays in Honor of Takeshi Amemiya,
Proceedings of the Thirteenth International Symposium in
Economic Theory and Econometrics, Cambridge University Press,
2001.
Gupta,
Anil and Ann Harding (eds.), Modelling
our Future: Population Aging, Social Security, and
Taxation, Elsevier, vol 1, 2007.
Gupta,
Anil and Ann Harding (eds.), Modelling
our Future: Population Aging, Social Security, and
Taxation, Elsevier, vol 2, 2007.
Cooper,
William S. and Piyu Yue, Challenges
of the Muslim World: Present, Future, and Past,
Elsevier, 2008.
Stephen
Spear (ed.), The Collected
Scientific Work of David Cass: Part A, Emerald Press,
2011.
Stephen
Spear (ed.), The Collected
Scientific Work of David Cass: Part B, Emerald Press,
2011.
Stephen Spear (ed.), The Collected Scientific Work of David Cass: Part C, Emerald Press, 2011.
Articles
"The Effects of Bliss on Welfare Economics," Journal of Economic Issues, March 1973.
"Maximum Likelihood and Iterated Aitken Estimation of Non-Linear Systems of Equations," Journal of the American Statistical Association, June 1976.
"Recursive Subaggregation and a Generalized Hypocycloidal Demand Model," Econometrica, July 1977.
"Pollak and Wachter on the Household Production Function Approach," Journal of Political Economy, October 1977.
"The User Cost of Money," Economics Letters, Vol. 1, No. 2, 1978.
"A Proposal for Redefining the Monetary Aggregates," Federal Reserve Bulletin, (co-authored with T. Simpson, D. Beck, E. Ettin, J. Kalchbrenner, D. Lindsey, R. Porter, and P. Tinsley), January 1979.
"Theoretical Foundations for the Rotterdam Model," Review of Economic Studies, January 1979.
"The Joint Allocation of Leisure and Goods Expenditure," Econometrica, May 1979.
"Random Sets and Confidence Procedures," Rocky Mountain Journal of Mathematics, Vol. 9, No. 3, Summer 1979.
"The Velocity Behavior and Information Content of Divisia Monetary Aggregates," Economics Letters, (co-authored with Paul Spindt), Vol. 4, No. 1, 1979.
"Economic Monetary Aggregates: An Application of Index Number and Aggregation Theory," Journal of Econometrics, September 1980.
"Economic Monetary Aggregates: Reply," Journal of Econometrics, September 1980.
Author of "Introduction" to both Journal of Econometrics supplements on Federal Reserve System econometric research, September 1980. See Editorships below.
"Estimation of Implicit Utility Demand Models," European Economic Review, (co-authored with K. Kopecky and R. Sato), March 1981.
"New Concepts of Aggregated Money," Journal of Finance, Papers and Proceedings of the Thirty-Ninth Annual Meeting of the American Finance Association, (co-authored with E. Offenbacher and P. Spindt), May 1981.
"The New Monetary Aggregates: A Comment," Journal of Money, Credit, and Banking, November 1981.
"Divisia Indices," Encyclopedia of Statistical Sciences, Vol. 2, eds: Kotz and Johnson, Wiley, 1982
"The Optimal Level of Monetary Aggregation," Journal of Money, Credit, and Banking, special proceedings editions for the American Enterprise Institute's Conference on Current Issues in the Conduct of U.S. Monetary Policy," November 1982, Part 2.
"The Flexible Laurent Demand System," Proceedings of the 1982 American Statistical Association Meetings.
"New Indices of Money Supply and the Flexible Laurent Demand System," Journal of Business and Economic Statistics, Vol. 1, No. 1, January 1983.
"The Müntz-Szatz Demand System: An Application of a Globally Well Behaved Series Expansion," (co-authored with Andrew Jonas), Economics Letters, Vol. 11, 1983.
"Definitions of 'Second Order Approximation' and of 'Flexible Functional Form,'" Economics Letters, Vol. 12, 1983.
"The Recent Reappearance of the Homotheticity Restriction on Preferences," Journal of Business and Economic Statistics, July 1983.
"Understanding the New Divisia Monetary Aggregates," Review of Public Data Use (now called the Journal of Economic and Social Measurement ), December 1983.
"Recent Monetary Policy and the Divisia Monetary Aggregates," American Statistician, August 1984.
"On the Flexibility of the Rotterdam Model: A First Empirical Look," European Economic Review, April 1984.
"The New Divisia Monetary Aggregates," (co-authored with Paul Spindt and Edward Offenbacher), Journal of Political Economy, December 1984.
"Divisia Monetary Aggregates," (co-authored with Paul Spindt) in Modern Concepts in Macroeconomics edited by Thomas M. Havrilesky, 1985.
"The Global Properties of the Minflex Laurent, Generalized Leontief, and Translog Flexible Functional Forms," (co-authored with Yul Lee), Econometrica, November 1985.
Co-author (with Ronald Gallant) of "Introduction" to Vol. 30, 1985 Journal of Econometrics special edition, comprising proceedings volume of Conference on New Approaches to Modeling, Specification Selection, and Econometric Inference. See Editorships below.
"The Minflex Laurent Translog Flexible Functional Form," Journal of Econometrics, Vol. 30, 1985.
"The Three Dimensional Global Properties of the Minflex Laurent, Generalized Leontief, and Translog Flexible Functional Forms," (co-authored with Yul Lee and Michael Wolfe), Journal of Econometrics, Vol. 30, 1985.
"Random Set Theory and Stochastic Geometry in Economics and Statistics," in Daniel Slottje and George Rhodes, Jr. (eds.), Innovations in Quantitative Economics: Essays in Honor of Robert L. Basmann, JAI Press, 1986.
"The Regulatory Wedge Between the Demand-side and Supply-side Aggregation-Theoretic Monetary Aggregates," (co-authored with Melvin Hinich and Warren Weber), Journal of Econometrics, vol. 33, no. 1/2, Oct./Nov. 1986, pp. 165-185.
"Economic Theory as a Generator of Measurable Attractors," (co-authored with Ping Chen), Mondes en Developpement, vol. 14, no. 53, 1986; reprinted in Ilya Prigogine and Michele Sanglier (eds.), Laws of Nature and Human Conduct: Specificities and Unifying Themes, G.O.R.D.E.S., Brussels, pp. 209 - 224.
"The Microeconomic Theory of Monetary Aggregation," in William A. Barnett and Kenneth Singleton (eds.), New Approaches to Monetary Economics, Proceedings of the Second International Symposium in Economic Theory and Econometrics, Cambridge University Press, 1987, pp. 115-168.
"Comment on Papers in Part III," in William A. Barnett and Kenneth Singleton (eds.), New Approaches to Monetary Economics, Proceedings of the Second International Symposium in Economic Theory and Econometrics, Cambridge University Press, 1987, pp. 241-248.
Co-author (with Kenneth Singleton) of "Editors' Introduction" to William A. Barnett and Kenneth Singleton (eds.), New Approaches to Monetary Economics, Proceedings of the Second International Symposium in Economic Theory and Econometrics, Cambridge University Press, pp. vii-viii.
"The Laurent Series Approach to Structural Modeling," (co-authored with Yul Lee), European Journal of Operations Research, vol. 30, no. 3, June 1987, pp. 270-279.
"The Global Properties of the Two Minflex Laurent Flexible Functional Forms," (co-authored with Yul Lee and Michael Wolfe), Journal of Econometrics, 36, November, 1987, 281-298.
"The Aggregation-Theoretic Monetary Aggregates are Chaotic and Have Strange Attractors: An Econometric Application of Mathematical Chaos," (co-authored with Ping Chen), in William A. Barnett, Ernst Berndt, and Halbert White (eds.), Dynamic Econometric Modeling, Proceedings of the Third International Symposium in Economic Theory and Econometrics, Cambridge University Press, 1988.
Co-author (with Ernst Berndt and Halbert White) of "Editors' Introduction" to William A. Barnett, Ernst Berndt, and Halbert White (eds.), Dynamic Econometric Modeling, Proceedings of the Third International Symposium in Economic Theory and Econometrics, Cambridge University Press, 1988.
"Deterministic Chaos and Fractal Attractors as Tools for Nonparametric Dynamical Econometric Inference," (co-authored with Ping Chen), Journal of Mathematical Modelling, vol. 10, no. 4, 1988, pp. 275-296.
"Semiparametric Estimation of the Asymptotically Ideal Model: the AIM Demand System," (co-authored with Piyu Yue), in Advances in Econometrics, vol. 7, 1988.
"A Monte Carlo Study of Tests of Blockwise Weak Separability," (co-authored with Seungmook Choi), Journal of Business and Economic Statistics, vol 7, July 1989.
"Series Editor's Introduction" to William A. Barnett, John Geweke, and Karl Shell (eds.), Economic Complexity: Chaos, Sunspots, Bubbles, and Nonlinearity, Proceedings of the Fourth International Symposium in Economic Theory and Econometrics, Cambridge University Press, 1989.
"A Comparison of the New Chaotic and Conventional Structural Approaches to Econometric Inference," (co-authored with Seungmook Choi), in William A. Barnett, John Geweke, and Karl Shell (eds.), Economic Complexity: Chaos, Sunspots, Bubbles, and Nonlinearity, Proceedings of the Fourth International Symposium in Economic Theory and Econometrics, Cambridge University Press, 1989.
"A Dispersion-Dependency Diagnostic Test for Aggregation Error: With Applications to Monetary Economics and Income Distribution," (co-authored with Apostolos Serletis), Journal of Econometrics, vol. 43, no. 1/2, Jan/Feb, 1990, 5-34.
"Econometrics of Chaos," Social Science Computer Review, Winter 1990, vol 8, no. 4, pp. 528-531.
"Developments in Monetary Aggregation Theory," Journal of Policy Modeling, North Holland, Summer 1990, vol. 12, no. 2, pp. 205-257.
"Seminonparametric Bayesian Estimation of the Asymptotically Ideal Model: the AIM Demand System," (co-authored with John Geweke), in William A. Barnett, James Powell, and George Tauchen (eds.), Nonparametric and Semiparametric Methods in Econometrics and Statistics, Proceedings of the Fifth International Symposium in Economic Theory and Econometrics, Cambridge University Press, 1991.
"Monitoring Monetary Aggregates under Risk Aversion, " (co-authored with Melvin Hinich and Piyu Yue), in Michael T. Belongia (editor), Monetary Policy on the 75th Anniversary of the Federal Reserve System, Proceedings of the Fourteenth Annual Economic Policy Conference of the Federal Reserve Bank of St. Louis, Kluwer, 1991, pp. 189-222.
"Reply to Julio Rotemberg, " in Michael T. Belongia (editor), Monetary Policy on the 75th Anniversary of the Federal Reserve System, Proceedings of the Fourteenth Annual Economic Policy Conference of the Federal Reserve Bank of St. Louis, Kluwer, 1991, pp. 189-222.
"Seminonparametric Bayesian Estimation of the Asymptotically Ideal Production Model," (co-authored with John Geweke and Michael Wolfe), Journal of Econometrics, July/Aug 1991, vol. 49, No. 1/2, pp. 5-50.
Co-author (with James Powell and George Tauchen) of "Editors' Introduction" to William A. Barnett, James Powell, and George Tauchen (eds.), Nonparametric and Semiparametric Methods in Econometrics and Statistics, Proceedings of the Fifth International Symposium in Economic Theory and Econometrics, Cambridge University Press, 1991; volume available both in paperback and hardbound.
"Semiparametric Bayesian Estimation of Applied General Equilibrium Models," (co-authored with John Geweke and Michael Wolfe), in William A. Barnett, Andreu Mas-Colell, Jacques Drèze, Claude D'Aspremont, and Bernard Cornet (eds.), Equilibrium Theory and Applications, Proceedings of the Sixth International Symposium in Economic Theory and Econometrics, Cambridge University Press, 1991.
Co-author (with Andreu Mas-Colell, Jacques Drèze, Claude D'Aspremont, and Bernard Cornet) of "Editors' Introduction" to William A. Barnett, Andreu Mas-Colell, Jacques Drèze, Claude D'Aspremont, and Bernard Cornet (eds.), Equilibrium Theory and Applications, Proceedings of the Sixth International Symposium in Economic Theory and Econometrics, Cambridge University Press, 1991.
"A Test of Normality in Nonlinear Systems of Consumer Demand Equations," in Ronald Bewley and Tran Van Hoa (eds.), Contributions to Consumer Demand and Econometrics, Essays in Honour of Henri Theil, Basingstoke: The Macmillan Press Lts., 1992.
"Empirical Chaotic Dynamics in Economics," (with Melvin Hinich), Annals of Operations Research, vol. 37, 1992, pp. 1-15.
"Consumer Theory and the Demand for Money," (co-author with Douglas Fisher and Apostolos Serletis), Journal of Economic Literature, December, 1992, vol. 30, pp. 2086-2119.
"Has Chaos Been Discovered with Economic Data?" (co-authored with Melvin Hinich), in Richard Day and Ping Chen (eds.), Nonlinear Dynamics and Evolutionary Economics, Oxford University Press, 1993, pp. 254-265.
"Monetary Policy, Credibility, and Politics under Exact Monetary Aggregation," in W. Barnett, Melvin Hinich, and Norman Schofield (eds.), Political Economy: Institutions, Information, Competition and Representation, Proceedings of the Seventh International Symposium in Economic Theory and Econometrics, Cambridge University Press, 1993, volume available in both hard bound and paperback editions, pp. 465-486.
"Series Editor's Introduction" to W. Barnett, Melvin Hinich, and Norman Schofield (eds.), Political Economy: Institutions, Information, Competition and Representation, Proceedings of the Seventh International Symposium in Economic Theory and Econometrics, Cambridge University Press, 1993.
"Financial Firm Production of Monetary Services: A Generalized Symmetric Barnett Variable Profit Function Approach," (coauthored with Jeong-Ho Hahm), Journal of Business and Economic Statistics, January 1994.
"Detection of Nonlinearity and Chaos: Application to Money Stock," with A. Ronald Gallant and Melvin Hinich, American Statistical Association's 1993 Proceedings, Business and Economic Statistics Section.
"Financial Firm's Production and Supply-Side Monetary Aggregation under Dynamic Uncertainty," with Ge Zhou, in the Federal Reserve Bank of St. Louis Review, special edition containing proceedings of the Bank's Eighteenth Annual Economic Policy Conference, vol. 76, no. 2, March/April 1994, pp. 133-165.
"Response to Brainard's Commentary," with Ge Zhou, in the Federal Reserve Bank of St. Louis Review, special edition containing proceedings of the Bank's Eighteenth Annual Economic Policy Conference, vol. 76, no. 2, March/April 1994, pp. 169-174.
"Perspective on the current state of macroeconomic theory," The International Journal of Systems Science, vol. 25, no. 5, 1994, pp. 839-848.
"Commentary," with Ge Zhou, Federal Reserve Bank of St. Louis Review, November/December 1994, special edition containing proceedings of the Symposium on Mutual Funds and Monetary Aggregates, vol. 76, No. 6, pp. 53-62.
"Estimating Policy Invariant Deep Parameters in the Financial Sector, when Risk and Growth Matter," with Milka Kirova and Meenakshi Pasupathy, Journal of Money, Credit, and Banking, November 1995, vol. 27, part 2, pp. 1402-1430, in special edition containing proceedings of the 1994 annual conference of the Federal Reserve Bank of Cleveland.
"Exact Aggregation under Risk," in William Barnett, Maurice Salles, Hervé Moulin, and Norman Schofield (eds.), Social Choice, Welfare and Ethics, Proceedings of the Eighth International Symposium in Economic Theory and Econometrics, Cambridge University Press, 1995, pp. 353-374.
"Robustness of Nonlinearity and Chaos Test to Measurement Error, Inference Method, and Sample Size," with A. Ronald Gallant, Melvin Hinich, Mark Jensen, and Jochen Jungeilges, Journal of Economic Behavior and Organization, vol. 27, 1995, pp. 301-320.
"Comparisons of the Available Tests for Nonlinearity and Chaos," with A. Ronald Gallant, Melvin Hinich, Mark Jensen, and Jochen Jungeilges, in William Barnett, Giancarlo Gandolfo, and Claude Hillinger (eds.), Dynamic Disequilibrium Modeling: Theory and Applications, Proceedings of the Ninth International Symposium in Economic Theory and Econometrics, Cambridge University Press, 1996, pp. 313-346.
"An Experimental Design to Compare Tests of Nonlinearity and Chaos," with A. Ronald Gallant, Melvin Hinich, Mark Jensen, Daniel Kaplan, and Jochen Jungeilges, in William Barnett, Alan Kirman, and Mark Salmon (eds.), Nonlinear Dynamics and Economics, Proceedings of the Tenth International Symposium in Economic Theory and Econometrics, Cambridge University Press, 1996.
"Divisia Second Moments," [invited paper] with Barry E. Jones and Travis D. Nesmith, Internationial Review of Comparative Public Policy, vol. 8, 1996, pp. 115-138.
"An Investigation of Recent Empirical Paradoxes in Monetary Economics," [invited paper] with Haiyang Xu, Internationial Review of Comparative Public Policy, vol 8, 1996, pp. 139-156.
"Statistics under the Spotlight: Improving the Consumer Price Index," taped transcript of speaker and discussion (with Katharine Abraham, Robert Gordon, Jack Triplett, David Wilcox, and Kirk Wolter) in special invited ASA session on the Consumer Price Index. The transcript of the tape has been published in the Proceedings of the American Statistical Association Meetings, Section on Government Statistics, 1996, and online by the Social Science Research Network, at which it has been listed in the Top Ten download list for the journal topic "Macroeconomics" All time Hits.
"Econometrics
of Chaos," World Science, Shanghai, China, published in
Chinese, December 1996, p. 14.
"Divisia
Monetary Aggregates," in David Glasner (ed.), Business Cycles and Depressions,
an Encyclopedia, 1997, pp. 173-177.
"J. E. Fellow's Opinion: Econometrics, Data, and the World Wide Web," Journal of Econometrics, vol. 77, 1997, pp. 297-302.
"Which Road Leads to Stable Demand for Money," Economic Journal, vol. 107, no. 443, July 1997, pp. 1171-1185.
"Editorial, " Macroeconomic Dynamics, volume 1, no. 1, 1997, pp. 1-6.
"Maximum Likelihood and Iterated Aitken Estimation of Non-Linear Systems of Equations," in Herman J. Bierens and A. Ronald Gallant (1997), Nonlinear Models, volume 2, pp. 383-390.
"The CAPM Risk Adjustment for Exact Aggregation over Financial Assets," with Yi Liu and Mark Jensen, Macroeconomic Dynamics, vol 1, no 2, 1997, pp. 485-512.
"A Single-Blind Controlled Competition among Tests for Nonlinearity and Chaos," with A. R. Gallant, M. J. Hinich. J. A. Jungeilges, D. T. Kaplan, and M. J. Jensen, Journal of Econometrics, vol. 82, 1997, pp. 157-192.
"The Current State of Research on Dynamic Economics," a review article on Giancarlo Gandolfo's book, Economic Dynamics, 3rd edition, in Journal of International and Comparative Economics, vol. 5, 1997, pp. 335-339.
"Editor's Preface to the Interview Series," Macroeconomic Dynamics, vol 2, no. 1, March 1998, p. 115.
"Editor's Preface to the Surveys Section," Macroeconomic Dynamics, vol 2, no. 4, December 1998, p. 504.
"Editor's Preface to the Dialogue Series," Macroeconomic Dynamics, vol 3, no. 1, March 1999, p. 115.
"Stochastic Volatility in Interest Rates and Nonlinearity in Velocity," with Haiyang Xu, International Journal of Systems Science, 1998, vol. 29, no. 11, pp. 1189-1201.
"Bifurcation Theory in Economic Dynamics," with Yijun He, in Shri Bhagwan Dahiya (ed.), The Current State of Economic Science, vol. 1, 1999, pp. 435-451.
"Production Technology with a Monetary Factor Input," with Milka Kirova, in Shri Bhagwan Dahiya (ed.), The Current State of Economic Science, vol. 2, 1999, pp. 803-826.
"Analysis and Control of Bifurcations in Continuous Time Macroeconomic Systems," with Yijun He, Proceedings of the 37th IEEE Conference on Decision and Control, December 1998, pp. 2455-2460.
"Stability Analysis of Continuous-Time Macroeconometric Systems," with Yijun He, Studies in Nonlinear Dynamics and Econometrics, January 1999, vol 3, no. 4, pp. 169-188.
"Martingales, Nonlinearity, and Chaos," with Apostolos Serletis, Journal of Economic Dynamics and Control, June 2000, vol. 24, pp. 703-724
"Time Series Cointegration Tests and Nonlinearity," with Barry Jones and Travis Nesmith, in William Barnett, David Hendry, Svend Hylleberg, Timo Teräsvirta, Dag Tjöstheim, and Allan Würst (eds.), Nonlinear Econometric Modeling in Time Series Analysis, Cambridge University Press, 2000, pp. 9-30. That volume contains the proceedings of the 1995 (EC)2 Meetings [European Conference Series in Quantitative Economics and Econometrics] in Aarhus, Denmark. This was one of four "featured" papers invited for the conference by its organizer, Svend Hylleberg.
Coauthor with David Hendry, Svend Hylleberg, Timo Teräsvirta, Dag Tjöstheim, and Allan Würst, "Introduction and Overview," in William Barnett, David Hendry, Svend Hylleberg, Timo Teräsvirta, Dag Tjöstheim, and Allan Würst (eds.), Nonlinear Econometric Modeling in Time Series Analysis, Cambridge University Press, 2000, pp. 1-8.
"Stochastic Volatility in Interest Rates and Complex Dynamics in Velocity," with Haiyang Xu, in William Barnett, Carl Chiarella, Steve Keen, Robert Marks, and Hermann Schnabl, Commerce, Complexity, and Evolution: Topics in Economics, Finance, Marketing, and Management, Cambridge University Press, 2000, pp. 147-172.
"The Exact Theoretical Rational Expectations Monetary Aggregate," with Melvin Hinich and Piyu Yue, Macroeconomic Dynamics, June 2000, vol 4, no 2, pp. 197-221.
"An Interview with Franco Modigliani," with Robert Solow, Macroeconomic Dynamics, June 2000, vol 4, no 2, pp. 222-256.
"Beyond the Risk Neutral Utility Function," with Yi Liu, in Michael T. Belongia and Jane E. Binner (eds.), Divisia Monetary Aggregates: Theory and Practice, London, Palgrave, 2000, pp. 11-27.
"Joseph Schumpeter and Modern Nonlinear Dynamics," with Morgan Rose, in Vittorangelo Orati and Shri Bhagwan Dahiya (eds.), Economic Theory in the Light of Schumpeter's Scientific Heritage: Essays in Memory of Schumpeter on his 50th Death Anniversary, Spellbound Publications Pvt Ltd, Rohtak, India, 2001, volume 1, chapter 12, pp. 187-196.
"Nonlinearity, Chaos, and Bifurcation: A Competition and an Experiment," with Yijun He, in Takashi Negishi, Rama Ramachandran, and Kazuo Mino (eds.), Economic Theory, Dynamics and Markets: Essays in Honor of Ryuzo Sato, Kluwer Academic Publishers, 2001, pp. 167-187.
"The First Frank Ramsey Prize in Macroeconomic Dynamics: 1997 - 2000," Macroeconomic Dynamics, November 2001, pp. i - ii.
"Unsolved Econometric Problems in Nonlinearity, Chaos, and Bifurcation," with Yijun He, Central European Journal of Operations Research, vol 9, July 2001, pp. 147-182.
"Tastes and Technology: Curvature is not Sufficient for Regularity," Journal of Econometrics, vol 108, no 1, May 2002, pp. 199-202.
"Stabilization Policy as Bifurcation Selection: Would Stabilization Policy Work if the Economy Really Were Unstable?," with Yijun He, Macroeconomic Dynamics, vol 6, no 5, November 2002, pp. 713-747.
"The Differential Approach to Superlative Index Number Theory," with Ki-Hong Choi and Tara M. Sinclair, Journal of Agricultural and Applied Economics, special Henri Theil Memorial Issue, vol 35, Supplement, 2003, pp. 59-64.
"A Conversation with Henri Theil: His Experiences in the Netherlands during the Second World War," Journal of Agricultural and Applied Economics, special Henri Theil Memorial Issue, vol 35, Supplement, 2003, p. 57.
"Regularity
of the Generalized Quadratic Production Model: A
Counterexample," with Meeanskshi Pasupathy, Econometric
Reviews, vol. 22, no. 2, 2003, pp. 135-154.
"Foreword,"
with Christophe
Deissenberg and Gustav Feichtinger, in William Barnett, Christophe Deissenberg, and Gustav Feichtinger (Eds.),
Economic Complexity: Non-Linear Dynamics, Multi-Agents
Economies, and Learning, North Holland, 2003, pp. vii-ix.
"Intertemporally non-separable monetary-asset risk adjustment and aggregation," with Shu Wu, Economics Bulletin, July 6, 2004, pp. 1-9.
"Bifurcations
in Macroeconomic Models," with Yijun He, in Steve Dowrick,
Rohan Pitchford, and Steven Turnovsky (eds), Economic Growth
and Macroeconomic Dynamics: Recent Developments in
Economic Theory , Cambridge University Press, 2004, pp.
95-112.
"Macroeconomic Dynamics
Online Submission," with Stephen Spear, Economics Bulletin, vol.
28, no. 1, September 6, 2004, p. 1.
"Macroeconomic Dynamics Online Submission," Editor's Announcement in Macroeconomic Dynamics., vol 8, no 5, November 2004, p. 553. In the former case, the announcement is coauthored with Stephen Spear. The page provides information about the recently completed conversion of the Macroeconomic Dynamics submission procedure from on-paper to all electronic. The new system is specific to and custom designed by Stephen Spear for use by that journal and is maintained by Stephen Spear on his server at Carnegie Mellon University.
"An
Interview with Paul A. Samuelson," interviewed by William A.
Barnett, Macroeconomic
Dynamics, vol 8, no. 4, September 2004, pp. 519-542.
"On
User Costs of Risky Monetary Assets," with Shu Wu, Annals of Finance, vol. 1,
no. 1, January 2005, pp. 35-50.
"The Global Economy: William Barnett and Bernard Cornet interviewed by Roger Martin," Catalyst, University of Kansas, Winter 2005, pp. 8 - 11.
"The
Nonlinear Skeletons in the Closet," with Barry Jones, Milka
Kirova, Travis Nesmith, and Meenkashi Pasupathy, in Michael
Belongia and Jane Binner (eds.), Money, Measurement, and Computation, Palgrave,
2005, pp. 9-42.
Economic Complexity: Chaos,
Sunspots, Bubbles, and Nonlinearity, with John Geweke,
and Karl Shell, first paperback edition, Cambridge University
Press, 2005.
"Nonlinear
and Complex Dynamics in Real Systems," with Apostolos Serletis
and Demitre Serletis, International
Journal of Nonlinear Sciences and Numerical Simulation,
vol. 7, 2006, pp. 191-196.
"Robustness of Inferences to Singularity Bifurcation," with Yijun He, Proceedings of the Joint Statistical Meetings of the 2005 American Statistical Society, vol. 100, American Statistical Association, February 2006.
"Singularity
Bifurcation," with Yijun He, Journal
of Macroeconomics, invited
special issue of the Journal
of Macroeconomics, vol 28, 2006, 5-22.
"Comment
on Serletis and Shintani, 'Chaotic Monetary Dynamics with
Confidence'," invited special issue of the Journal of Macroeconomics,
vol 28, 2006, 253-255.
"The
Discounted Economic Stock of Money with VAR Forecasting," with
Unja Chae and John Keating, Annals
of Finance, vol 2, no 2, July 2006, pp. 229-258.
"Exchange
Rate Determination from Monetary Fundamentals: an
Aggregation Thoeretic Approach," with Chang Ho Kwag, Frontiers in Finance and Economics,
vol 3, no 1, 2006, pp. 29-48.
"Is Macroeconomics a Science: Foreword to Apostolos Serletis, Money and the Economy," in Apostolos Serletis, Money and the Economy, World Scientific, 2006.
"Multilateral
Aggregation-Theoretic Monetary Aggregation over Heterogeneous
Countries," Journal of
Econometrics, vol 136, no 2,
February 2007, pp 457-482.
"Special
issue editors' Introduction: The interface between
econometrics and economic theory," with Chalambos D.
Aliprantis, Bernard Cornet, and Steven Durlauf, Journal of Econometrics
special issue on the interface between economic theory and
econometrics, vol 136, no 2, February
2007, pp. 325-329.
"Divisia
Monetary Index," in William A. Darity (ed.), International Encyclopedia of the
Social Sciences, 2nd Edition, vol
2, Macmillan Reference, Detroit, 2008, pp. 422-423.
"The Supply of Money," in William A. Darity
(ed.), International
Encyclopedia of the Social Sciences, 2nd Edition, vol
5, Macmillan Reference, Detroit, 2008, pp. 260-261.
"Operational
Identification of the Complete Class of Superlative Index
Numbers: an Application of Galois Theory," with Ki-Hong
Choi, Journal of Mathematical
Economics, vol 44, no 7, July 2008, pp. 603-612.
"Non-Robust Dynamic Inferences from Macroeconometric Models: Bifurcation Stratification of Confidence Regions," with Evgeniya A. Duzhak, Physica A, vol 387, no 15, June, 2008, pp. 3817-3825.
"Monetary Aggregation," in Steven N. Durlauf and Lawrence Blume (eds.), The New Palgrave Dictionary of Economics, 2nd edition, Macmillan, 2008.
Official Federal Reserve Board Publications
"A
Proposal for Redefining the Monetary Aggregates," with D. Beck,
E. Ettin, J. Kalchbrenner, D. Lindsey, R. Porter, T. Simpson,
and P. Tinsely, Federal
Reserve Bulletin 64, 1979, pp. 12-42.
"Divisia
Monetary Aggregates: Their Compilation, Data, and Historical
Behavior," with Paul Spindt, Federal Reserve Board Staff
Study, Publication Services, Federal Reserve Board,
Washington, DC, April 1982.
Reviews
Author
of reviews for Mathematical Reviews and for the Zentralblatt
für Mathematik.
EDITORSHIPS:
Editor and Founder, Macroeconomic Dynamics, journal launched by Cambridge University Press in 1997. The journal's home page on the Web is located at: http://econ.tepper.cmu.edu/barnett/MD.html.
Editor and Founder of the refereed monograph series, International Symposia in Economic Theory and Econometrics. The monograph series' home page is located at: http://econ.tepper.cmu.edu/barnett/ISETE.html. Originally a Cambridge University Press series, it now is an Emerald Press monograph series.
Member of Editorial Board, International Journal of Financial Studies, open access journal launched in 2012 by MDPI, Basel, Switzerland. MDPI stands for Multidisciplinary Digital Publishing Institute, which is a major publisher of open access journals in the sciences.
Editor of September 1980 and January 1981 special editions of the Journal of Econometrics on Federal Reserve System econometric research.
Associate Editor, Journal of Business and Economic Statistics, (an American Statistical Association journal), 1983-1997.
Co-editor (with Ronald Gallant) of Vol. 30, 1985 special edition of the Journal of Econometrics, comprising the proceedings volume of Conference on New Approaches to Modeling, Specification Selection, and Econometric Inference. See "Chairmanships and Professional Services" below.
Co-editor (with Kenneth Singleton) of New Approaches to Monetary Economics, Proceedings of the Second International Symposium in Economic Theory and Econometrics, Cambridge University Press, 1987. The book comprises volume 1 of the Cambridge series, the International Symposia in Economic Theory and Econometrics. See "Chairmanships and Professional Services" below.
Co-editor (with Ernst Berndt and Halbert White) of Dynamic Econometric Modeling, Proceedings of the Third International Symposium in Economic Theory and Econometrics, Cambridge University Press, 1988. The book comprises volume 2 of the Cambridge series, the International Symposia in Economic Theory and Econometrics. See "Chairmanships and Professional Services" below.
Co-editor (with John Geweke and Karl Shell) of Economic Complexity: Chaos, Sunspots, Bubbles, and Nonlinearity, Proceedings of the Fourth International Symposium in Economic Theory and Econometrics, Cambridge University Press, 1989. The book comprises volume 3 of the Cambridge series, the International Symposia in Economic Theory and Econometrics. See "Chairmanships and Professional Services" below.
Co-editor (with James Powell and George Tauchen) of Nonparametric and Semiparametric Methods in Econometrics and Statistics, Proceedings of the Fifth International Symposium in Economic Theory and Econometrics, Cambridge University Press, 1991, both hardbound and paperback editions. The book comprises volume 4 of the Cambridge series, the International Symposia in Economic Theory and Econometrics. See "Chairmanships and Professional Services" below.
Co-editor (with Ronald Gallant) of New Approaches to Modeling, Specification Selection, and Econometric Inference, Proceedings of the First International Symposium in Economic Theory and Econometrics, Cambridge University Press, 1989. The book comprises volume 5 of the Cambridge series, the International Symposia in Economic Theory and Econometrics, and is reprinted from the vol. 30, 1985 special edition of the Journal of Econometrics. See "Chairmanships and Professional Services" below.
Co-editor (with Andreu Mas-Colell, Jean Gabszewicz, Claude D'Aspremont, and Bernard Cornet) of Economic Equilibrium Theory and Applications, Proceedings of the Sixth International Symposium in Economic Theory and Econometrics, Cambridge University Press, 1991. The book comprises volume 6 of the Cambridge series, the International Symposia in Economic Theory and Econometrics. See "Chairmanships and Professional Services" below.
Co-editor (with Melvin Hinich, Howard Rosenthal, and Norman Schofield) of Political Economy: Institutions, Information, Competition and Representation, Proceedings of the Seventh International Symposium in Economic Theory and Econometrics, Cambridge University Press, 1993. The book comprises volume 7 of the Cambridge series, the International Symposia in Economic Theory and Econometrics. See "Chairmanships and Professional Services" below.
Co-editor (with Maurice Salles, Hervé Moulin, and Norman Schofield) of Social Choice, Welfare and Ethics, Proceedings of the Eighth International Symposium in Economic Theory and Econometrics, Cambridge University Press, 1995. The book comprises volume 8 of the Cambridge series, the International Symposia in Economic Theory and Econometrics. See "Chairmanships and Professional Services" below.
Co-editor (with Giancarlo Gandolfo and Claude Hillinger ) of Dynamic Disequilibrium Modeling: Theory and Applications, Proceedings of the Ninth International Symposium in Economic Theory and Econometrics, Cambridge University Press, 1996. The book comprises volume 9 of the Cambridge series, the International Symposia in Economic Theory and Econometrics. See "Chairmanships and Professional Services" below.
Co-editor (with Alan Kirman and Mark Salmon ) of Nonlinear Dynamics and Economics, Proceedings of the Tenth International Symposium in Economic Theory and Econometrics, Cambridge University Press, 1996. The book comprises volume 10 of the Cambridge series, the International Symposia in Economic Theory and Econometrics. See "Chairmanships and Professional Services" below.
Co-editor (with Lars Hansen, Andrew Lo, and George Tauchen) of Computation and Estimation in Economics and Finance. The proceedings of this symposium comprise the inaugural double special issues (vol 1, no. 1, and vol 2, no 2, 1997) of the journal, Macroeconomic Dynamics. See "Chairmanships and Professional Services" below.
Co-editor (with David Hendry, Svend Hylleberg, Timo Teräsvirta, Dag Tjöstheim, and Allan Würst), Nonlinear Econometric Modeling in Time Series Analysis, Cambridge University Press, 2000. That volume contains the proceedings of the 1995 (EC)2 Meetings [European Conference Series in Quantitative Economics and Econometrics] in Aarhus, Denmark. The book comprises volume 11 of the Cambridge series, the International Symposia in Economic Theory and Econometrics.
Co-editor (with Carl Chiarella, Steve Keen, Robert Marks, and Hermann Schnabl), Commerce, Complexity, and Evolution: Topics in Economics, Finance, Marketing,, and Management, Proceedings of the Twelfth International Symposium in Economic Theory and Econometrics, Cambridge University Press, 2000. The book comprises volume 12 of the Cambridge series, the International Symposia in Economic Theory and Econometrics.
Co-editor
(with Christophe Deissenberg and Gustav Feichtinger), Economic
Complexity: Non-Linear Dynamics, Multi-Agents Economies,
and Learning, North Holland, 2004.
Co-editor (with John Geweke and Karl Shell) of Economic Complexity: Chaos, Sunspots, Bubbles, and Nonlinearity, Cambridge University Press, paperback edition published in 2005. The hardback was published in 1989. The book is in the Cambridge series, the International Symposia in Economic Theory and Econometrics. See "Chairmanships and Professional Services" below.
Co-editor (with Chalambos Aliprantis, Bernard Cornet, and Steven Durlauf), special issue on the interface between economic theory and econometrics, Journal of Econometrics, vol 136, no 2, February 2007.
Co-editor
(with Melvin Hinich), Topics in Analytical Political Economy,
Elsevier, 2007.
Co-editor
(with Apostolos Serletis), Functional
Structure
Inference, Elsevier, 2007
Co-editor
(with W. Erwin Diewert, Shigeru Iwata, and Arnold Zellner),
special issue on "Measurement with Theory," Macroeconomic Dynamics, vol
13, supplement 2, 2009.
Chair, Frank Ramsey Prize Selection Committee, 2000 and 2005.
Co-editor
(with W. Erwin Diewert and Arnold Zellner), special issue on
"Measurement with Theory," Journal
of Econometrics, vol. 161, no. 1, March 2011.
CHAIRMANSHIPS AND PROFESSIONAL SERVICES:
Chair, main program session on Demand Analysis, European Congress of the Econometric Society, Athens, Greece, September 1979.
Chair, session on Econometrics of Consumption, Econometric Society Meetings, Washington, DC, December 1981.
Organizer, invited paper session on Divisia monetary aggregation, 1982 Annual Meetings of the American Statistical Association, Cincinnati.
Contract selection panel member in economics, National Institute of Health, 1983.
Chair, session on Microeconomic Theory, Latin American Meetings of the Econometric Society, Santiago, Chile, July 1983.
Discussant, Latin American Meetings of the Econometric Society, Santiago, Chile, July 1983.
Chair, session on Production Theory, Econometric Society Meetings, San Francisco, December 1983.
Chair, session on Demand and Production Modeling, Econometric Society Meetings, San Francisco, December 1983.
Co-organizer (with Ronald Gallant) and program chairman, Conference on New Approaches to Modeling, Specification Selection, and Econometric Inference, held at the IC2 Institute, the University of Texas at Austin, May 1984.
Chair, session on Monetary Models, European Meetings of the Econometric Society, Madrid, September 1984.
Co-organizer (with Kenneth Singleton) and program chairman, Conference on New Approaches to Monetary Economics, held at the IC2 Institute, the University of Texas at Austin, May 1985.
Member of Scientific Organizing Committee, Discoveries 1985 Symposium: Laws of Nature and Human Conduct, Specificities and Unifying Themes, Brussels, Belgium, the Solvay Institute, October 1985.
Discussant, Colloquium on Research Issues in Large Scale Programs, the IC2 Institute, Austin, Texas, March 1985.
Discussant, Conference on New Approaches to Monetary Economics, the IC2 Institute, May 1985.
Co-organizer (with Ernst Berndt and Halbert White) and program chairman, Conference on Dynamic Econometric Modeling, the IC2 Institute, May 1986.
Co-organizer (with John Geweke and Karl Shell) and program chairman, Conference on Economic Complexity: Chaos, Sunspots, Bubbles, and Nonlinearity, the IC2 Institute, May 1987.
Co-organizer (with James Powell and George Tauchen) of Conference on Nonparametric and Semiparametric Methods in Econometrics and Statistics, held at Duke University, May 1988.
Co-organizer (with Andreu Mas-Colell, Jacques Drèze, Jean Gabszewicz, Claude D'Aspremont, and Bernard Cornet) of Conference on Economic Equilibrium Theory and Applications, held at C.O.R.E, Louvain la Neuve, Belgium, June 1989.
Co-organizer (with Melvin Hinich, Douglas North, Howard Rosenthal, and Norman Schofield) of Conference on Political Economy: Institutions, Information, Competition, and Representation, Washington University in St. Louis, May 1991.
Chair, one session at the World Congress of the Econometric Society, Barcelona, Spain, and two sessions at the International Conference in Operations Research, Vienna, Austria, August, 1990.
Co-organizer (with Maurice Salles, Hervé Moulin, and Norman Schofield) of Conference on Social Choice, Welfare and Ethics, University of Caen, Caen, France, June 1992.
Co-organizer (with Alan Kirman and Mark Salmon) of Conference on Nonlinear Dynamics, European University Institute, Florence, Italy, July 1992.
Co-organizer (with Giancarlo Gandolfo and Claude Hillinger) of Conference on Disequilibrium Dynamics, University of Munich, Munich, Germany, August 1993.
Program Chair Elect, Business and Economic Statistics Section, American Statistical Association, 1991-1992.
Program Chair, Business and Economic Statistics Section, American Statistical Association, 1992-1993.
Co-organizer (with Lars Hansen, Andrew Lo, and George Tauchen) of Conference on Computation and Estimation in Economics and Finance, Washington University, September 1995.
Discussant, conference on Dynamics, Economic Growth and International Trade, Elsinore, Denmark, August 1996.
Chair, one session of at the European Meetings of the Econometric Society, Berlin, 1998.
Chair, one session at the World Congress of the Econometric Society, Seattle, August 2000.
Member of Scientific Organizing Committee, Complexity 2003 Conference, Aix-Marseille, France, May 2003.
Member of Scientific Organizing Committee, The 2003 International Conference on Artificial Intelligence (IC-AI'03), June 23 - 26, 2003, Las Vegas. There was a proceedings volume in Advances in Econometrics of the Special Session on Applications of AI in Finance and Economics.
Organizer
and of a session on ECB research, Sixth Conference of the
Society for the Advancement of Economic Theory, Rodos, Greece,
June 20 - July 6, 2003.
Chaired
session at the Global Finance Conference, Las Vegas, April 2004.
Organizer of session of Public Economic Theory
Conference on Fiscal Rules and Public Finance. The
conference
was held at
Member of Organizing Committee, Asia Pacific
Economic Association's first conference, Hitotsubashi
University, July 30-31, 2005.
Member of Organizing Committee, 2005 Society for
the Advancement of Economic Theory conference, Vigo, Spain,
June 27 - July 3, 2005.
Session Organizer, Eastern Economics Association
meetings, New York, March 4, 2005.
Member of Advisory Panel of Experts, Federal
Reserve Bank of St. Louis, since October 2004.
Mamber, Advisory Panel, Society for Computational
Economics, since 2005.
Member of Committee for Frank Ramsey Prize, 2005.
Member of Organizing Committee, Fall 2005 Midwest
Economic Theory and International Economics Conference,
Lawrence, Kansas, October 14-16, 2005. Also chaired a
session.
Member of International Scientific Committee,
Third Aix en Provence Complexity Workshop, "Complex Behavior
in Economics: Modeling, Computing, and Mastering
Complexity," Aix en Provence, France, May 17-21, 2006.
Member of International Scientific Committee,
Aston/Lund Conference on Measurement Error, Birmingham,
UK, July 3 - 6, 2007, funded by Aston University and
Lund University.
Member of Program Committee, eighth Society for
the Advancement of Economic Theory conference, Kos, Greece,
June 18 - 24, 2007.
Member of Scientific Committee and Keynote
Speaker, International Conference on Measurement Error
: Econometrics and Practice, Birmingham, UK, to be
held July 9-11, 2007.
Member of Program Committee, 14th International
Conference on Computing in Economics and Finance, University
of Sorbonne, Paris, June 26-28, 2008.
Served as a Mentor, at the Advanced Training Program: on Economics,
Research, and Publishing, University of Washington, Seattle,
August 11-29, 2008.
Member of Scientific Committee, 2nd International
Symposium in Computational Economics and Finance, Tunis,
Tunisia, March 15-17, 2012.
Referee
for National Science Foundation, Cambridge University Press, American
Economic Review, Journal of Finance, Review of
Economic Studies, European Economic Review, Journal
of American Statistical Association, Journal of
Econometrics, Journal of Political Economy, Econometrica,
Journal of Money, Credit, and Banking, Journal of
Macroeconomics, Quarterly Review of Economics and
Business, Journal of Financial Economics, Journal
of Economic Dynamics and Control, Quarterly Journal of
Economics, among others.
CONFERENCE PAPERS AND HONORARY LECTURES:
"Labor Supply and the Allocation of Consumption Expenditure," presented at the 1974 Econometric Society Meetings, San Francisco.
"Maximum Likelihood Estimation of Nonlinear Systems of Equations," presented at the World Congress of the Econometric Society, August 1975, Toronto.
"Recursive Subaggregation and a Generalized Hypocycloidal Demand Model," presented at the 1975 Econometric Society Meetings, Atlantic City.
"The Restrictiveness of the Rotterdam Model: A Recalcitrant Myth," presented at the 1976 Econometric Society Meetings, Atlantic City.
"Random Set Methodology and Stochastic Geometry in Economics and Statistics," presented at the NBER Conference on Criteria for Evaluation of Econometric Models, Ann Arbor, June 1977.
"Full-Information Maximum Likelihood Estimation of the Direct Implicit Addilog Demand Model," co-authored with Kenneth J. Kopecky and Ryuzo Sato, presented at the 1977 Econometric Society Meetings, New York.
"A Fully Nested System of Monetary Quantity and Dual User Cost Aggregates," presented at the 1979 European Econometric Society Meetings, Athens, Greece.
"New Concepts of Aggregated Money," co-authored with E. Offenbacher and P. Spindt, presented at the 1980 American Finance Association and American Economic Association Meetings, Denver.
"The Information Content of Divisia Monetary Quantity Indices," co-authored with P. Spindt, presented at the 1980 Econometric Society Meetings, Denver.
"Empirical Comparisons of Divisia and Simple Sum Monetary Aggregates," co-authored with P. Spindt and E. Offenbacher, NBER Conference on Inflation and Financial Markets, Cambridge, May 1981.
"The New Divisia Monetary Aggregates," co-authored with P. Spindt and E. Offenbacher, presented at the 1981 American Economic Association Meetings, Washington, D.C.
"The Optimal Level of Monetary Aggregation," presented at the American Enterprise Institute's Conference on Current Issues in the Conduct of U.S. Monetary Policy, Washington, D.C., February 1982.
"The Flexible Laurent Demand System," presented at the 1982 American Statistical Association Meetings, Cincinnati.
"The Müntz-Szatz Demand System: An Application of a Globally Well Behaved Series Expansion," co-authored with Andrew Jonas, presented at the 1983 Latin American Meetings of the Econometric Society, Santiago, Chile.
"New Indices of Money Supply and the Flexible Laurent Demand System," presented at the 1983 Latin American Meetings of the Econometric Society, Santiago, Chile.
"The New Approach to Monetary Targeting," presented at the HARC/IC2 Texas CEO Conference, October 1983.
"The Global Properties of the Minflex Laurent, Generalized Leontief, and Translog Flexible Functional Forms," co-authored with Yul Lee, presented at the Econometric Society Meetings, San Francisco, December 1983.
"Three Dimensional Global Properties of the Minflex Laurent, Generalized Leontief, and Translog Flexible Functional Forms," co-authored with Yul Lee and Michael Wolfe, presented at the European Meetings of the Econometric Society, Madrid, September 1984.
"Divisia Monetary Aggregates as Indicators for Monetary Policy," presented at the Conference on Information and Data Management, Tokyo, November 1984.
"The Minflex Laurent Translog Flexible Functional Form," presented at the Conference on New Approaches to Modeling, Specification Selection, and Econometric Inference, the IC2 Institute, May 1985.
"The Three Dimensional Global Properties of the Minflex Laurent, Generalized Leontief, and Translog Flexible Functional Forms," (co-authored with Yul Lee and Michael Wolfe), presented at the Conference on New Approaches to Modeling, Specification Selection, and Econometric Inference, the IC2 Institute, May 1984.
"The Laurent Series Approach to Structural Modeling," presented at the Conference on Modeling Complex Systems, organized by the Ilya Prigogine Center for Studies in Statistical Mechanics, Austin, Texas, March 1985.
"The Microeconomic Theory of Monetary Aggregation," presented at the Conference on New Approaches to Monetary Economics, the IC2 Institute, May 1985.
"Comparison of the Demand-Side and Supply-Side Aggregation Theoretic Monetary Aggregates," (co-authored with Melvin Hinich and Warren Weber), presented at the Conference on New Approaches to Monetary Economics, the IC2 Institute, May 1985.
"The Three Dimensional Global Properties of the Minflex Laurent, Generalized Leontief, and Translog Flexible Functional Forms," co-authored with Yul Lee and Michael Wolfe, presented at the Econometric Society Fifth World Congress, Cambridge, Massachusetts, August 1985.
"Economic Theory as a Generator of Measurable Attractors," co-authored with Ping Chen, presented at the Symposium on Laws of Nature and Human Conduct: Specificities and Unifying Themes, Brussels, Belgium, the Solvay Institute, October 1985.
"The Aggregation-Theoretic Monetary Aggregates are Chaotic and Have Strange Attractors," (co-authored with Ping Chen), presented at the Conference on Dynamic Econometric Modeling, the IC2 Institute, May 1986.
"The Aggregation-Theoretic Monetary Aggregates are Chaotic and Have Strange Attractors: an Econometric Application of Mathematical Chaos," (co-authored with Ping Chen), presented at the Australasian Meeting of the Econometric Society, Melbourne, Australia, August 1986.
"The Three Dimensional Global Properties of the ML Translog and ML Generalized Leontief Flexible Functional Forms," (co-authored with Yul Lee and Michael Wolfe), presented at the Australasian Meeting of the Econometric Society, Melbourne, Australia, August 1986.
"Deterministic Chaos and Fractal Attractors as Tools for Nonparametric Dynamical Econometric Inference," (co-authored with Ping Chen), presented at the Annual NBER-NSF Time Series Conference, Dallas, October 1986.
"The Microeconomic Theory of Monetary Aggregation," presented at the 1986 Econometric Society Meetings, New Orleans.
"A Monte Carlo Study of Tests of Blockwise Weak Separability," (co-authored with Seungmook Choi), presented at the 1986 Econometric Society Meetings, New Orleans.
"A Comparison between the Conventional Econometric Approach to Structural Inference and the Nonparametric Chaotic Attractor Approach," (co-authored with Seungmook Choi), presented at the Conference on Economic Complexity: Chaos, Sunspots, Bubbles, and Nonlinearity, the IC2 Institute, May 1987.
"Seminonparametric Bayesian Estimation of the AIM Demand System," (co-authored with John Geweke), presented at the Conference on Nonparametric and Semiparametric Methods in Econometrics and Statistics, Duke University, May 1988.
"An Investigation of Ping Chen's Discovery," (co-authored with Melvin Hinich and Piyu Yue), presented at the International Symposium on Evolutionary Dynamics and Nonlinear Economics, organized by Ilya Prigogine and Richard Day, the IC2 Institute, April 1989.
"The Nonlinear Dynamics of the Exact Aggregates in Intertemporal Stochastic Choice," presented at Workshop on Econometric Estimation and Inference for Nonlinear, Dynamic Macroeconomic Models, University of Southern California, April 1989.
"The Exact Theoretical Rational Expectations Monetary Aggregate," presented at Conference on Divisia Monetary Aggregation, City of London, June 1989.
"The Exact Theoretical Rational Expectations Monetary Aggregate," presented at the Conference on Understanding Velocity at the Federal Reserve Bank of Cleveland, September 1989.
"Semiparametric Bayesian Estimation of Applied General Equilibrium Models," (co-authored with John Geweke and Michael Wolfe), presented at Conference on Equilibrium Theory and Applications, CORE, Louvain-la-Neuve, Belgium, June 1989.
"A Dispersion-Dependency Diagnostic Test for Aggregation Error," (co-authored with Apostolos Serletis), presented by co-author at the European Meetings of the Econometric Society, Munich, Germany, September 1989.
"Monetary Policy with The Exact Theoretical Rational Expectations Monetary Aggregate," presented at the Conference on Monetary Policy on the Fed's 75th Anniversary, Federal Reserve Bank of St. Louis, October 1989.
"Has Chaos been Discovered with Economic Data," presented in plenary session, International Conference in Operations Research, Vienna, Austria, August 1990.
"The Optimal Rational Expectations Monetary Aggregate" and "Seminonparametric Bayesian Estimation of Production," presented at the World Congress of the Econometric Society, Barcelona, Spain, 1991.
"Monetary Policy and Credibility under Exact Monetary Aggregation," presented at Conference on Political Economy: Institutions, Information, Competition, and Representation, Washington University, May 1991.
"Divisia Monetary Aggregation," presented at the Bank of Switzerland, Zurich, August 1991.
"A Comparison of Nonparametric Tests for Chaos," presented at Workshop on Nonlinear Dynamics, Florence, Italy, July 1992.
"Monetary Policy, Credibility, and Politics under Exact Monetary Aggregation," presented at Conference on Political Economy: Institutions, Information, Competition and Representation, Washington University in St. Louis, May 1991.
"Detection of Nonlinearity and Chaos: Application to Money Stock," with A. Ronald Gallant and Melvin Hinich, presented at American Statistical Association meetings, San Francisco, August 1993.
"Comparisons of the Available Tests for Nonlinearity and Chaos," with A. Ronald Gallant, Melvin Hinich, Mark Jensen, and Jochen Jungeilges, presented at Conference on Disequilibrium Dynamics, Munich, Germany, August 1993.
"Financial Firm's Production and Supply-Side Monetary Aggregation under Dynamic Uncertainty," presented at Federal Reserve Bank of St. Louis Conference on Money Stock Measurement, October 21-22, 1993.
"Partition of M2 Plus as a Joint Product," presented at Federal Reserve Bank of St. Louis Conference on M2 Plus, March 24, 1994.
"A Single-Blind Controlled Competition between Tests for Nonlinearity and Chaos," with A. Ronald Gallant, Melvin J. Hinich, Jochen A. Jungeilges, Daniel Kaplan, and Mark Jensen, presented at the TIMS (The Institute for Management Science) meetings in Anchorage, Alaska, June 1994.
"Estimating Policy Invariant Taste and Technology Parameters in the Financial Sector, when Risk and Growth Matter," presented at Federal Reserve Bank of Cleveland 1994 Macroeconomics Conference, September 29-30, 1994.
"Beyond the Risk Neutral Utility Function," presented jointly with Yi Liu at the Conference on Divisia Monetary Aggregates, University of Mississippi, October 1994.
"The Magnitude of the Consumption-CAPM Risk Adjustment to Interest Rates Needed for Exact Aggregation over Financial Asset Quantities," presented at Conference on Computation and Estimation in Economics and Finance, held at Washington University in September 1995.
"A Single-Blind Controlled Competition between Tests for Nonlinearity and Chaos," with A. Ronald Gallant, Melvin J. Hinich, Jochen A. Jungeilges, Daniel Kaplan, and Mark Jensen, presented at the Conference on Game Theory in Honor of Robert Aumann, Jerusalem, June 1995.
"Overlooked Issues in Economic Nonlinearity," with Milka Kirova, Barry Jones, and Travis Nesmith, presented at the 1996 conference to be held at the U. of Mississippi on April 22-23, 1996. Proceedings volume to be edited by Michael Belongia and published by MacMillan Press.
"Overlooked Issues in Economic Nonlinearity," with Milka Kirova, Barry Jones, and Travis Nesmith, presented at the 1995 (EC)2 Meetings [European Conference Series in Quantitative Economics and Econometrics] in Aarhus, Denmark, December 1995. This was one of four "featured" papers invited for the conference.
"Statistics under the Spotlight: Improving the Consumer Price Index: Statement," presented as panelist in panel discussion of the Consumer Price Index, American Statistical Association Annual Meetings, Chicago, August 1996. Session organized by the Bureau of Labor Statistics.
"A Single-Blind Controlled Competition between Tests for Nonlinearity and Chaos," with A. Ronald Gallant, Melvin J. Hinich, Jochen A. Jungeilges, Daniel Kaplan, and Mark Jensen, presented at the Asian Meetings of the Econometric Society, Hong Kong, July 1997.
"Technology Modeling: Curvature is not Sufficient for Regularity," with Milka Kirova and Meenakshi Pasupathy, presented at the European Meetings of the Econometric Society, Berlin, September 1998.
"Center Manifold, Stability, and Bifurcations in Continuous Time Macroeconomic Systems," with Yijun He, presented at the North American Econometric Society Meetings, New York, January 1999.
"Technology Modeling: Curvature is not Sufficient for Regularity," with Milka Kirova and Meenakshi Pasupathy, presented at the Australasian Meetings of the Econometric Society, Sydney, July 1999.
Keynote Address, "Testing for and Using Nonlinear Dynamics in Macroeconomics," Workshop on Economic Dynamics, University of Western Sydney Macarthur, July 20, 1999.
Rogers Clark endowed lecture, "Flexibility and Regularity of Functional Forms," Departments of Statistics and Economics, North Carolina State University, October 19, 1999.
"Stabilization Policy as Bifurcation Selection," with Yijun He, presented at theSeventh Viennese Workshop on Optimal Control, Dynamic Games, and Nonlinear Dynamics, Vienna, May 2000.
"Technology Modeling: Curvature is not Sufficient for Regularity," with Milka Kirova and Meenakshi Pasupathy, presented at the World Congress of the Econometric Society, Seattle, August 2000.
"Center Manifold, Stability, and Bifurcations in Continuous Time Macroeconomic Systems," with Yijun He, presented at the World Congress of the Econometric Society, Seattle, August 2000.
"Aggregation Theory and its Implications for Monetary Economics," 'Inkubator Wiedzy' Honorary Lecture, Warsaw School of Economics, May 2001.
"New Phenomena Identified in a Stochastic Dynamic Macroeconometric Model: A Bifurcation Perspective," with Yijun He, presented at the Fifth Conference of the Society for the Advancement of Economic Theory, Ischia, Italy, July 2001.
"Is Economic a Science?---A Rocket Scientist's View," Distinguished Professor's Inaugural Lecture, February 24, 2003.
Keynote
Speaker, Third Annual Missouri Economics Conference (jointly
sponsored by the University of Missouri-Columbia, the Federal
Reserve Bank of St. Louis, and the Federal Reserve Bank of
Kansas City), held at University of Missouri at Columbia, April
12, 2003.
"User
Costs of Risky Monetary Assets" (with Shu Wu), presented at the
Global Finance Conference, Las Vegas, April 2004.
"New Phenomena Identified in a Stochastic Dynamic Macroeconometric Model: A Bifurcation Perspective," (with Yijun He) presented at the Society for Computational Economics conference, Amsterdam, July 2004.
"Aggregation-Theoretic Monetary Aggregation over the Euro Area, When Countries are Heterogeneous," presented at the Society for Public Economic Theory conference in Beijing, August 2004."Getting it Wrong: How Faulty Monetary Statistics Undermine the Fed," Federal Reserve Bank of Chicago, invited speaker at event in honor of retirement of Warren Weber, August 18, 2011.
"Getting it Wrong:
How Faulty Monetary Statistics Undermine the Fed," lecture and
book signing event at the University of Hawaii-Hilo, January 20,
2012.
"Households' Consumption Allocation and Labor Supply."
"The Full-Employment Equivalent Price of Leisure."
"Theoretical Monetary Aggregates and Aggregation of Passbook Accounts."
"Substitutability,
Aggregation, and Superlative Quantity Indices."
DOCTORAL DISSERTATIONS SUPERVISED (as dissertation committee chair):
Salam K. Fayyad, "Monetary Asset Component Grouping and Aggregation: An Inquiry into the Definition of Money," University of Texas at Austin, 1986.
Seungmook Choi, "A Study in the Theory of Demand," University of Texas at Austin, 1986.
Jeong Ho Hahm, "Financial Firm Production of Monetary Services," University of Texas at Austin, 1987.
Alfredo M. Sandoval, "Construction of New Monetary Aggregates: the Case of Mexico," University of Texas at Austin, 1989.
Piyu Yue, "Theoretical Monetary Aggregation under Risk Averse Preferences," University of Texas at Austin, 1990.
Pichit Akrathit, "The Relationship between Monetary Policy and Security Markets," University of Texas at Austin, 1990.
Chang Ho Kwag, "An Aggregation Theoretic Approach to Exchange Rate Determination using Divisia Indices," University of Texas at Austin, 1991.
Mark J. Jensen, "Three Essays on Consumer Demand: SURE Covariance Matrix, Regularity of AIM, and Monetary Aggregation Under Risk," Washington University in St. Louis, 1994.
Ge Zhou, "A Dynamic Approach to Supply-Side Monetary Aggregation under Uncertainty," Washington University in St. Louis, 1995.
Yi Liu, "Demand for Money and Aggregation of Financial Assets under Risk Aversion," Washington University in St. Louis, 1995.
Haiyang Xu, "Money Velocity and Asset Prices in a Monetary General Equilibrium Model," Washington University in St. Louis, 1995.
Meenakshi Pasupathy, "Estimating a Financial Firm's Production Technology under Uncertainty," Washington University in St. Louis, 1996.
Milka Kirova, "Demand for Money by Manufacturing Firms and Monetary Aggregation under Uncertainty," Washington University in St. Louis, 1996.
Georgy Ganev, "Money Aggregates in a Transition Economy: the Case of Bulgaria, 1991-1995," Washington University in St. Louis, 1997.
Srinivas Thiruvadanthai, "Dealing with Time Inconsistent Preferences: an Intimate Contest for Self-Command," Washington University in St. Louis, 1998.
Barry Jones, "The Implications of Aggregation Theory and Nonlinear Dynamics for Understanding the Role of Monetary Assets and Monetary Service Flows," Washington University in St. Louis, 2000
Travis D. Nesmith, "Aggregation Theory and Statistical Index Numbers," Washington University in St. Louis, 2000.
Yijun He, "Stability and Bifurcation Analysis of Continuous Time Macroeconometric Systems," Washington University in St. Louis, 2000.
Sergey
Slobodyan, "Welfare Consequences of Sunspot Fluctuations in
Continuous Time Economic Growth Models," Washington
University in St. Louis, 2000.
Unja Chae, "Three Essays on Macroeconomic and International Finance Issues," University of Kansas, 2005.
Mehmet Dalkir, "Essays on Synchronization of Economic Aggregates," University of Kansas, 2005.
Ousmane
Seck, "Monte Carlo Experiments and Consumer Demand Modelling,"
University of Kansas, 2006.
Evgeniya
Aleksandrovna Duzhak, "Bifurcation Analysis of New Keynesian
Functional Structure," University of Kansas, 2007.
Logan J. Kelly, "Of Stocks and Flows: Measuring the Stock of Money," University of Kansas, 2007.
Grace Seunghae O, "The World According to GARP: Nonparametric Tests of Weak Separability," University of Kansas, 2008.
Mamdooh
Saad Alsahafi, "Linear and Nonlineaer Techniques for Estimating
the Money Demand Function for Saudi Arabia," University of
Kansas, 2009.
Abdullah
Alharbi, "Market Efficiency and Nonlinearity in GCC Stock
Markets," University of Kansas, 2009.
Dogan
Karaman, "An Empirical Study of Simple Sum and Divisia Monetary
Aggregation: A Comparison of their Productive Power
Regarding Prices and Output in Turkey," University of Kansas,
2009.
Ikuyasu
Usui, "The Theory of Functional Forms of Consumer Demand Systems
and its Applications," University of Kansas, 2010.
Wei
Zhou, "Risk Premium of User Cost of Monetary Assets," University
of Kansas, 2010.
Sanjibani
Banerjee, "Bifurcation Analysis of Zellner's Marshallian
Macroeconomic Model," University of Kansas, 2011.
Unal
Eryilmaz, "Bifurcation Analysis of Open Economy New Keynesian
Models," University of Kansas, 2011.
Isaac
Kanyama, "Shifting Preferences and Time-Varying Parameters in
Demand Analysis: A Monte Carlo Experiment," 2012.
Lili
Chen, "Three Essays on Empirical Macroeconomics and Financial
Markets," 2012.
Sung
Jin Lim, "The Numerical Approximations for the Integrability
Problem and the Measure of Welfare Changes and Its
Applications," 2012.
MASTER'S THESES SUPERVISED:
Wayne Michael Casper, "Correlation between Monetary Intermediates and Monetary Aggregates," University of Texas at Austin, 1982.
Marsha Williams Hill, "A Time Series Analysis of the Relationship between Barnett's Divisia Indices and Stock Market Returns," University of Texas at Austin, 1987.
Raul Jacob, "Divisia Monetary Aggregates: An Application to the Peruvian Economy, 1975-1983," University of Texas at Austin, 1987.
Kurt A. Lambert, "Money: Its Measure, and its Influence on the Economy of Barbados," University of Texas at Austin, 1989.
Katerina S. Taiganides, "Divisia Monetary Aggregates: Could They Have Made a Difference in Chilean Monetary Policy, 1979-1987?", University of Texas at Austin, 1990.
Veronica
Ruiz de Castilla, "Seigniorage, Inflation and Monetary Policy:
the Case of Peru, 1985-1989," University of Texas at Austin,
1991.
PRESS COVERAGE:
My
Divisia monetary aggregates were the subject of articles in Business
Week (September 22, 1980, p. 25) and on the front page of
the business section of the Sunday, May 24, 1981 Boston Globe.
An article on this research also appeared on the front page of
Section 2 of the June 28, 1983 edition of the Wall
Street Journal. My interview with CBS News was broadcast
nationally in June 1983. My research was the subject of an
article with photograph in the September 26, 1983 edition of Forbes
magazine and the August 16, 1989 edition of the Financial
Times of London (p. 15). The official release of the back
data on my Divisia monetary aggregates was announced in the May
1982 Federal Reserve Bulletin. That data now is uploaded
to the public bulletin board and web site (called FRED) by the
Federal Reserve Bank of St. Louis and thereby is readily
accessible. The announcement and Special Report appeared in the
January/February 1997 issue of the St. Louis Federal Reserve’s Review.
An international Divisia monetary aggregates data base is
maintained at the University of Mississippi. The international
data base includes Divisia data supplied by the staffs of the
central banks of dozens of countries from thoughout the
world. A Media Briefing is online from the Economic Journal in 1997
regarding much of my work on Divisia monetary aggregates in the
US. Following an honorary lecture tour of Poland in 2001,
extensive press coverage appeared in many Polish
publications. I was interviewed jointly with Paul
Samuelson for an hour on Bloomberg radio on the program,
"Bloomberg on the Economy," on January 16, 2007. The
podcasts are online at Bloomberg.com. The interview was
about our book, Inside
the Economist's Mind. My guest commentary on the
financial crisis, "Why Did Bubble Pop?", appeared in the Kansas City Star on
November 11, 2008 (see publications above). Many articles have
been published about that book. My opinion editorial,
"Who's Looking at the Fed's Books?", on auditing the Federal
Reserve appeared in the New
York Times, October 22, 2009 (see publications
above). My guest commentary on Congressional reform of the
Federal Reserve, "This is No Way to Fix the Fed," appeared in
the Kansas City Star,
on December 15, 2009 (see publications above). Article in
the February 1, 2010 Oread
Magazine about my ranking among economics bloggers.
Article about me in Brazilian financial newspaper, Valor Economico, based on
interview by reporter, Segio Lamucci, May 26, 2011, p. C8.
My book, Getting It Wrong,
was the subject of an article in the Kansas City Star on April 12, 2012, p.
A14. I was interviewed about the same subject on the
Kansas City radio program, Power
Lunch, on April 24, 2012.
TEACHING:
I teach two courses a year, selected from the following three graduate courses:ACADEMIC COMMITTEES AT UNIVERSITY OF KANSAS:
Macroeconomics Qualifying Exam Committee, member, every semester at the U. of Kansas.