I have been a member of the faculty at UNC since 1976. I received my Ph.D. in 1976 from the University of Minnesota. I wrote my dissertation on the German hyperinflation of 1920-23 under the direction of Thomas J. Sargent.
My research interests are domestic and international monetary theory and macroeconomics. My most recent research projects include an policy evaluation of U.S. monetary policy, estimation of models, subject to the restriction that policy is optimal, via maximum likelihood and generalized method of moments, and analysis of unemployment in Hong Kong using a dynamic generalized equilibrium model.
I have a long standing interest in economic education. I was Assistant Director of the Center for Economic Education at the University of Minnesota between 1973 and 1976. I have directed the Teacher Training Workshop Project that was jointly sponsored by the American Economic Association (AEA) and the National Council on Economic Education. Between 1994 and 2000, I was chair of the AEA Committee on Economic Education.
Curriculum Vitae
Economic Education
The Department of Economics at UNC-CH annually conducts a Teacher Training Program (TTP) for graduate teaching assistants and new faculty.
For information, please see: UNC-CH Economics Teacher Training Program
Teaching Innovations Program I am currently Co-PI for the Teaching Innovations Program sponsored by the AEA Committee on Economic Education and funded by the National Science Foundation. The project includes residential teaching workshops that will began in the Spring of 2005, a program of follow-on instruction that helps particpants introduce interactive teaching strategies into their own courses, and a set of opportunities for participants to participate in the scholarship of teaching and learning.
Discussing Economics
Research Papers
Economic Education
Money Macro Workshop and Reading Group
Current and Past Schedules
UNC Courses
New Curriculum (Fall 2006 and Later)
Econ 101 Principles of Economics
Econ 423 Financial Markets
Spring 2006 and Earlier
Econ 10a Principles of Economics (Honors)
Econ 6E The Root of All Evil? Money as a Cultural, Economic and Social Institution
Econ 132a Intermediate Macroeconomic Theory (Honors)
Econ 281 Monetary Theory
Econ 361/381 Monetary Theory and Policy: Domestic and International"