Bennett T. McCallum

H. J. Heinz Professor of Economics

PHONE

412-268-2347

OFFICE

POS - Posner Hall - Room 256B

AREA OF EXPERTISE

Economics

EDUCATION

Rice University - Ph D - 1969
Harvard University - MBA - 1963
Rice University - BS - 1958
Rice University - BA - 1957

TEACHING AND RESEARCH INTERESTS

Monetary economics, history of economic thought, monetary history.

BIOGRAPHY

Bennett McCallum is the H.J. Heinz Professor of Economics in the Tepper School of Business (formerly the Graduate School of Industrial Administration) at Carnegie Mellon University. His other positions include those of a research associate of the National Bureau of Economic Research, a Fellow of the Econometric Society, and a member of the Shadow Open Market Committee. Over the years 1981-2011 he was a consultant at the Federal Reserve Bank of Richmond and during 2003-2010 he served as Honorary Advisor to the Institute for Monetary and Economic Studies of the Bank of Japan. Professor McCallum has been a consultant to the Federal Reserve Board and a visiting scholar at the Federal Reserve Bank of St. Louis, the International Monetary Fund, the Bank of Japan, and the Reserve Bank of New Zealand. He is the author of Monetary Economics: Theory and Policy (Macmillan, 1989) and International Monetary Economics (Oxford Univ. Press, 1996) and has published over 200 papers on a variety of topics in monetary economics, macroeconomics, and econometrics. He currently serves on the editorial boards of the Journal of Money, Credit, and Banking and Economics Letters. He is a former co-editor of the American Economic Review and from 1995 through 2010 was co-editor of the Carnegie-Rochester Conference Series on Public Policy.

PUBLICATIONS

  • Economic Depression and Inflation Targeting Policy of Japan

  • The Bitcoin Revolution

    Cato Journal 27

  • The Place of Milton Friedman in the History of Economic Thought
    Milton Friedman: Contributions to Economics and Public Policy

    Oxford University Press

  • Analytical Issues Concerning Japanese Monetary Policy, 1995-2013

    International Journal of Economic Policy Studies 9

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WORKING PAPERS

AWARDS AND HONORS

  • Econometric Society - elected Fellow (1994)

UNIVERSITY SERVICE

  • Scholarly Communications Advisory Board (Library system), Committee Member, (2012 - 2013)

PUBLIC SERVICE

  • University of Munich, Fellow, (2003 - )
  • Bank of Japan, Honorary Advisor, Institute for Monetary & Economic Studies, (2003 - )
  • Kiel Institute for World Economics, International Research Fellow, (2002 - )
  • Shadow Open Market Committee, Member, (2000 - )
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PROFESSIONAL ACTIVITIES

  • Member, Carnegie-Rochester Conference Series on Public Policy, Advisory Committee, 2011-2013
  • Member, Carnegie-Rochester Conference Series on Public Policy, Advisory Board (2010 -)
  • Economics Letters (January 2002 -)
  • Journal of Money, Credit and Banking (January 2002 -)
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COURSES TAUGHT

  • EVLTN ECNMC IDS ANLY (73310)
    2014 Section: A
    2013 Section: A
  • HSTY MNY MONTRY PLY (73375)
    2014 Section: A
    2013 Section: A
  • Adv'd Econ Analysis III (Macro) (47903)
    2013 Mini 4 Section: A
    2012 Mini 4 Section: A
    2010 Mini 4 Section: A
    2009 Mini 4 Section: A
    2008 Mini 4 Section: A
    2007 Mini 4 Section: A
  • Evolution of Economic Ideas and Analysis (73310)
    2012 Section: A
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Bennett McCallum