Research Affiliates


    Joshua Aizenman

  • Joshua Aizenman

    University of Southern California

    Joshua Aizenman joined the faculty at USC in 2013, where he serves as the Dockson Chair in Economics and International Relations.   Joshua also serves as a Research Associate for the National Bureau of Economic Research, and co-editor of the Journal of International Money and Finance. Other affiliations have included teaching and research positions at UC Santa Cruz (served as a Presidential Chair of Economics), Dartmouth (served as the Champion Professor of International Economics), Hebrew University of Jerusalem, University of Chicago GSB, and University of Pennsylvania. Consulting relationships include the International Monetary Fund, the World Bank, the Inter-American Development Bank, the Asian Development Bank, and the Federal Reserve Bank of San Francisco.

    A common thread of Aizenman's research has been applying a generalized cost benefit approach to international economics and economic development, recognizing political economy goals and constraints. Aizenman's research covers a range of issues in the open economy, including commercial and financial policies, crises in emerging markets, foreign direct investment, capital controls, and exchange rate regimes.

    Webpage: USC webpage

    E-mail: aizenman@usc.edu


  • Yin-Wong Cheung

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    City University of Hong Kong

    Yin-Wong Cheung is the Head and Chair Professor of International Economics, Department of Economics and Finance, and Director, Research Center for International Economics, City University of Hong Kong. Also he is Professor Emeritus of the Economics Department at the University of California, Santa Cruz. Cheung is member of the Council of Advisers, HKIMR/HKMA, a Research Fellow of the CESifo in Germany, a founding and board member of the Methods in International Finance Network in Europe, and a Chair Professor of the Shandong University. Cheung's areas of research include econometrics, applied econometrics, exchange rate dynamics, asset pricing, output fluctuation, and economic issues of Asian Economies. Cheung coauthored the books Financial Options (in Chinese) , The Economic Integration of Greater China, and人民币汇率:过去、现在与未来(in Chinese). He also co-edited the following books: China and Asia: Economic and Financial Interactions, Asia and China in the Global Economy, The Evolving Role of Asia in Global Finance, and The Evolving Role of China in the Global Economy. He has published over 100 refereed articles in more than 40 academic journals including Econometric Theory, Game and Economic Behavior, Journal of Business & Economics Statistics, Journal of Econometrics, Journal of International Economics, and Journal of Finance

    Webpage: Yin-Wong Cheung @ SSRN

    E-mail: yicheung@cityu.edu.hk


  • Orcan Cortuk

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    Merkezi Kayit Kurulusu

    Having graduated from Management Faculty of Istanbul Technical University in Turkey, he started his career in 1999 at the Central Bank of Republic of Turkey, where he worked in various departments. He received his Masters Degree on Banking and International Finance from City University Cass Business School in UK in 2004 and his PhD on International Economics from the University of California, Santa Cruz in 2011. In March 2013 he started working at Central Securities Depository of Turkey, Merkezi Kayıt Kurulusu (MKK). At MKK, he is responsible for Operations, Depository Services, Investor Relations and Business Development.

    Webpage: http://ideas.repec.org/f/pco490.html

    E-mail: orcancor@yahoo.com


  • Peter Cramton

  • Peter Cramton

    University of Maryland

    Peter Cramton is Professor of Economics at the University of Maryland. Since 1983, he has conducted widely-cited research on auction theory and practice. The main focus is the design of auctions for many related items. Applications include auctions for radio spectrum, electricity, financial securities, rough diamonds, pollution emissions, and timber. He has introduced innovative market designs in many industries. He has advised numerous governments on market design and has advised dozens of bidders in major auction markets. He received his B.S. in Engineering from Cornell University and his Ph.D. in Business from Stanford University.

    Webpage: www.cramton.umd.edu

    E-mail: pcramton@gmail.com


  • Sankar De

  • Sankar De

    Shiv Nadar University, India (President, Asian Finance Association)

    Professor Sankar De is currently associated with School of Humanities and Social Sciences, Shiv Nadar University, as Professor of Economics and Director of Centre for Emerging Societies. He is also the current President of the Asian Finance Association and a member of the Reserve Bank of India’s committee on Money, Foreign Exchange and Government Securities. Professor De is the founder of the Centre for Analytical Finance (CAF), Indian School of Business (ISB), Hyderabad, India and served as its Executive Director before joining SNU. He developed and nurtured CAF to become a premier centre of excellence in emerging markets research, organization of high-level research and policy conferences, and training of next generation researchers. He also served as the Executive Director, Center for Professional Development in Finance (CPDF), Berkeley, USA. He has served on the faculty at national and international institutions including University of California-Berkeley, University of Texas-Austin, and University of Wisconsin-Madison, Indian Institute of Management – Calcutta, and Indian School of Business. His current research interests are access to finance for underserved sectors and trading and investment decisions of small investors in emerging economies. He received his PhD in Financial Economics from University of California-Berkeley and Post-Graduate Diploma in Management from Indian Institute of Management, Calcutta. 

    E-mail: drsankarde@gmail.com


  • Francis Diebold

  • Francis Diebold

    University of Pennsylvania

    Francis X. Diebold is Paul F. and Warren S. Miller Professor of Economics, and Professor of Finance and Statistics, at the University of Pennsylvania and its Wharton School. He has published widely in econometrics, forecasting, finance, and macroeconomics, and he has served on the editorial boards of leading journals includingEconometrica, International Economic Review, Review of Economics and Statistics, Journal of Business and Economic Statistics, and Journal of Applied Econometrics. He is an elected Fellow of the Econometric Society, the American Statistical Association, and the International Institute of Forecasters, an NBER Faculty Research Assoiciate; the recipient of Sloan, Guggenheim, and Humboldt fellowships, past Co-Director of the Wharton Financial Institutions Center, and past President of the Society for Financial Econometrics. His academic research is firmly linked to practical matters; during1986-1989 he served as an economist under both Paul Volcker and Alan Greenspan at the Board of Governors of the Federal Reserve System, during 2007-2008 he served as an Executive Director at Morgan Stanley Investment Management, and during 2012-2013 he served as Chairman of the Federal Reserve System's Model Validation Council. Diebold also lectures widely and has held visiting professorships at Princeton, Chicago, Johns Hopkins, and NYU. He has received several awards for outstanding teaching, and his academic "family" includes nearly 75 Ph.D. students.

    Webpage: www.ssc.upenn.edu/~fdiebold/

    E-mail: fdiebold@sas.upenn.edu


  • Michael P. Dooley

  • Michael P. Dooley

    University of California, Santa Cruz

    Michael Dooley joined the faculty at UCSC in 1992 following more than twenty years service at the Board of Governors of the Federal Reserve System and the Research Department of the International Monetary Fund.  His research covers a range of issues in open economy macroeconomics including Bretton Woods II, crises in emerging markets, debt management, capital controls, capital flight and liberalization of financial markets. He is a Research Associate, National Bureau of Economic Research, International Research Fellow, Kiel Institute of World Economics and edit the International Journal of Finance and Economics. Other affiliations have included visiting teaching positions at Bucknell University, George Washington University, The University of Texas, The University of Chicago Graduate School of Business, the IMF Institute, the World Bank Economic Development Institute and the Kiel Institute of World Economics. Consulting relationships include the International Monetary Fund, World Bank, and the Federal Reserve Board and the Bank of Japan.  

    E-mail: mpd@ucsc.edu


  • Rasmus Fatum

  • Rasmus Fatum

    University of Alberta

    Rasmus Fatum is Department Chair and Foote Professor of International Business at the Department of Marketing, Business Economics and Law at the University of Alberta School of Business. He is Research Associate at the Globalization and Monetary Policy Institute at the Federal Reserve Bank of Dallas, and at the Economic Policy Research Unit (EPRU) at the Department of Economics, University of Copenhagen. He has been visiting scholar at the Bank of Japan’s Institute for Monetary and Economic Studies and at the Federal Reserve Bank of St. Louis. He serves on the editorial board of the Journal of International Money and Finance.

    Dr. Fatum’s research focuses on international finance, in particular exchange rate regimes and exchange rate determination, and monetary policy and exchange rate management. Recent outlets for his research include Journal of International Economics, Journal of Money, Credit and Banking, and Journal of International Money and Finance.


  • Weishi (Grace) Gu

  • Weishi (Grace) Gu

    University of California, Santa Cruz

    Weishi (Grace) Gu is an assistant professor at the Department of Economics at the University of California, Santa Cruz. A common thread of her research has been applying a dynamic stochastic equilibrium approach to international economics, macroeconomics and labor market, recognizing financial friction and other constraints. Grace's research covers a range of issues including sovereign default, global imbalances, labor market search and switching. Prior to working at UCSC, she conducted research at Cornell University, IMF, Brookings, Federal Reserve Bank of Cleveland, and American Enterprise Institute.


  • Chenyue Hu

  • Chenyue HuChenyue Hu is an assistant professor of economics at UC Santa Cruz. Her research interests lie in international economics and macroeconomics, with an emphasis on international finance. Topics she has worked on include international risk-sharing and portfolio arrangement, sovereign default and its consequences, and financial constraint and international trade. In these projects, she combined empirical and theoretical analyses to identify and explain novel facts about international capital mobility. Chenyue received her PhD in economics from the University of Michigan.

  • Bradley Jones

  • Bradley JonesAcross a career in the US, UK and Asia Pacific, Dr. Bradley Jones has served in a variety of roles in the investment management industry, the official sector and academia. He is currently a Senior Financial Sector Advisor at the International Monetary Fund, and a Fellow at the Center for Endowment Asset Management, Cambridge Business School. In his capacity at the IMF, Bradley advises official sector institutions on the management of their assets and liabilities; leads the Fund’s portfolio stress testing analysis in the global asset management industry; serves as course director for investment management at the IMF Institute; and publishes research and represents the Fund in international fora on topics related to financial markets, financial stability and institutional investors. Dr. Jones also serves in an advisory capacity with various institutions and forums. Before joining the IMF, Bradley was the founding director of an investment consulting firm, and prior to that, spent a decade at Deutsche Bank in London, New York and Hong Kong in a number of multi-asset investment management and strategy roles. He holds a First Class Honors Degree in Economics, a Ph.D. in Finance, and is author of the forthcoming book, “Money and Power: A Political History of Finance.”

  • Gregory Laughlin

  • Gregory Laughlin

    Yale University

    Gregory Laughlin is a professor in the Department of Astronomy at Yale University. His research focuses on the extraction of signals from noisy time-series data, with particular applications being the detection of extrasolar planets, the statistics of high-frequency trading, and the analysis of ultra-low latency microwave communication networks. He is co-author of the textbook Numerical Methods in Astrophysics, and he has published in journals ranging from the Financial Review, to Science and Nature. He maintains a particular interest in the cross-fertilization between the methods of numerical analysis that are used in astrophysics and in quantitative finance. 

    Webpage: http://oklo.org/

    E-mail: greg.laughlin@yale.edu


  • Natalia Lazzati

  • Lazzati

    University of California, Santa Cruz

    Natalia Lazzati received her Ph.D. in Economics from the University of Arizona in 2011; the same year she joined the University of Michigan as an assistant professor in the Economics Department. She spent the last year at UC Berkeley and Stanford University as a visiting professor and joined in 2016 the economic faculty at UC Santa Cruz. Her research areas are mainly economic theory and econometrics, including experimental and financial economics. Her current projects provide microeconomic foundations for the empirical analysis of games. She is particularly interested in building nonparametric tests for these models as well as identification results relying on minimal conditions motivated by economic theory and experimental findings. She has published several papers and served as referee in leading journals.

    Email: nlazzati@ucsc.edu


  • Jamus Lim

  • Lim

    Abu Dhabi Investment Authority

    Jamus Lim is an economist in the Strategy Unit at the Abu Dhabi Investment Authority, one of the world's largest sovereign wealth funds, where he is responsible for economic analyses and projections that support tactical and strategic portfolio construction. Prior to joining ADIA, he was a senior economist in the Development Prospects Group of the World Bank, which he joined as a Young Professional. He has also had stints in academia (Centre College), the think tank circuit (the Institute of Southeast Asian Studies), and investment banking (the former J.P. Morgan). Lim's areas of research expertise and interest lie primarily at the intersection of international economics and political economy, with a particular interest in financial crises. He also contributes to the policy dialog with occasional op-eds, posts to the econoblogosphere (at blogs.worldbank.org/prospects), and Twitter (handle @jamuslim). He completed postdoctoral, doctoral, masters, and undergraduate work at Harvard, the University of California (Santa Cruz), the London School of Economics, and the University of Southern Queensland, all in various flavors of economics.

  • Mingfeng Lin

  • Mingfeng Lin

    Assistant Professor of Management Information Systems at the Eller College of Management, University of Arizona

    Mingfeng Lin is Assistant Professor of Management Information Systems at the Eller College of Management, University of Arizona. He received his PhD in Business and Management from the Robert H. Smith School of Business at the University of Maryland, College Park. He is interested in empirical research of online crowdfunding, social media, and online labor markets. His research has appeared in premier academic journals such as Management Science and Information Systems Research, and has been funded by the Kauffman Foundation for Entrepreneurship, Economic Club of Washington, NET Institute, McGuire Center for Entrepreneurship, among others.  His is one of the inaugural editors for the Kauffman Foundation “State of the Field” on crowdfunding (http://sotf.kauffman.org/). Mingfeng’s ongoing research on crowdfunding has focused on information asymmetry and market efficiency in this nascent market, particularly debt-based crowdfunding or peer-to-peer lending. Through a series of projects, he and his collaborators have examined the influence of friendship social networks, geography, auction mechanisms, and linguistic features of texts, as well as institutional investors on transactional outcomes—such as the funding and repayment of loans. Most recently, he has started empirical studies of equity-, reward-, donation-based and other forms of crowdfunding, using proprietary data from major platforms in the United Kingdom.

    Webpage: http://www.u.arizona.edu/~mingfeng/

    E-mail: mingfeng@eller.arizona.edu


  • Kristian López Vargas

  • Kristian López VargasKristian López Vargas is an assistant professor of economics at the University of California, Santa Cruz. His main interests are Behavioral Economics and Experimental Economics. In the recent years he has worked on (i) high-frequency trading and market design in the laboratory, (ii) risk attitudes and their interplay with fairness concerns, (iii) procurement and multiunit auctions in the laboratory, and (iv) non instrumental communication in economic interactions.

  • Vojislav Maksimovic

  • Vojislav Maksimovic

    University of Maryland

    "Max" Maksimovic is the William A. Longbrake Chair in Finance and Chair, Department of Finance at the Robert H. Smith School of Business, University of Maryland. His recent research focuses on how a firm's organizational structure affects the flow of resources across its divisions. He has also worked on how competition in high technology industries determines the timing of initial public offerings. Maksimovic is interested in international finance, specifically in how a country's legal and institutional environment influences the financing and investment by firms. Maksimovic's research has been published in the Journal of Finance, Review of Financial Studies, Rand Journal of Economics, Journal of Financial Economics, and Journal of Financial and Quantitative Analysis. Maksimovic has held visiting positions at the University of Oxford, Imperial College London, and the International Monetary Fund. He has a BSc(Econ.) and MSc in Mathematical Economics and Econometrics from the London School of Economics and a PhD in Business Economics from Harvard University. He is an associate editor of Journal of Financial Intermediation and a past member of the board of directors of the Western Finance Association.

    Webpage: http://www.rhsmith.umd.edu/faculty/vmax/

    E-mail: vmaksimo@rhsmith.umd.edu


  • Allan Malz

  • Allan Malz

    AIG and Columbia University

    Allan M. Malz is the author of Financial Risk Management: Models, History, and Institutions (Wiley, 2011), a survey of quantitative risk management tools and of the public policy issues raised by the financial crisis. He teaches graduate courses on risk management at Columbia University’s School of Engineering. Malz has worked as a risk manager and economist at a number of firms, most recently as a managing director at AIG, Inc., focusing on the exposures of the investment portfolio and insurance liabilities to equity, interest rate and other market risks. Malz was a vice president in the Markets Group at the Federal Reserve Bank of New York from 2009 to 2014, where he worked on implementation of the Fed's emergency liquidity programs to address the financial crisis. Previously, Malz was chief risk officer at several multi-strategy hedge fund management firms. Malz was head of research at RiskMetrics Group, which he joined on its spinoff from J.P. Morgan in 1998. Malz spent his earlier career at the New York Fed as a researcher and foreign exchange trader. His research, which includes forecasting financial crises, risk measurement for options, and estimation of risk-neutral probability distributions, has been published in a number of industry and refereed academic journals. Malz holds a Ph.D. in Economics from Columbia University.

    Webpage: http://ieor.columbia.edu/allan-malz

    E-mail: amm26@columbia.edu


  • Amilcar A. Menichini

  • Amilcar A. Menichini

    U.S. Naval Postgraduate School

    Amilcar Menichini studied Ph.D. in Finance at the University of Arizona and is currently an Assistant Professor in the Graduate School of Business and Public Policy at the Naval Postgraduate School in Monterey, California. The central goal of his research is to answer important questions in corporate finance using state-of- the-art empirical and theoretical methods. His research focuses on the application of dynamic structural models to the study of the different aspects of firm decisions. He has published his work in finance and economics journals such as The Financial Review, International Journal of Managerial Finance, Southern Economic Journal, and Economics Letters.

    Email: aamenich@nps.edu


  • Terrance Odean

  • Terrance Odean

    University of California, Berkeley

    Terrance Odean is the Rudd Family Foundation Professor and Chair of the Finance Group at the Haas School of Business at the University of California, Berkeley. He is a member of the Journal of Investment Consulting editorial advisory board, of the Russell Sage Behavioral Economics Roundtable, and of the WU Gutmann Center Academic Advisory Board at the Vienna University of Economics and Business. He has been an editor and an associate editor of the Review of Financial Studies, an associate editor of the Journal of Finance, a co-editor of a special issue of Management Science, an associate editor at the Journal of Behavioral Finance, a director of UC Berkeley’s Experimental Social Science Laboratory, a member of the Russell Investments Academic Advisory Board, a visiting professor at the University of Stavanger, Norway, and the Willis H. Booth Professor of Finance and Banking. As an undergraduate at Berkeley, Odean studied Judgment and Decision Making with the 2002 Nobel Laureate in Economics, Daniel Kahneman. This led to his current research focus on how psychologically motivated decisions affect investor welfare and securities prices.  

    Webpage: http://faculty.haas.berkeley.edu/odean/

    E-mail: odean@berkeley.edu


  • Gurnain Pasricha

  • Gurnain Pasricha

    Bank of Canada

    Gurnain Pasricha is a Principal Researcher in the International Economic Analysis Department at the Bank of Canada. Her primary research interests include management of capital flows in emerging economies, capital controls and financial crises. She has also worked in the Financial Stability Department at the Bank, where her work focussed on systemic risk assessment for Canada and early warning models. Here recent work has focussed on measuring de-jure financial integration in emerging economies through a dataset on changes in capital controls policy in several large emerging economies. She has used this dataset to address questions about trends in the use of capital controls across emerging economies, whether capital control changes are motivated by macroprudential or macroeconomic objectives and on assessing the effectiveness and multilateral effects of capital controls. She has also worked on empirical models of interest rate convergence in interbank markets to measure de-facto international integration and on understanding the spread of the global financial crisis.  She obtained a PhD in International Economics from University of California, Santa Cruz, and has worked for short periods at the World Bank, Hong Kong Institute for Monetary Research (HKIMR) and Indian Council for Research on International Economic Relations (ICRIER). 

    Webpage: http://www.bankofcanada.ca/profile/gurnain-pasricha/

    E-mail: gpasricha@bankofcanada.ca


  • Ila Patnaik

  • Ila Patnaik

    National Institute of Public Finance and Policy, India

    Patnaik, Reserve Bank of India (RBI) Chair Professor at the National Institute of Public Finance and Policy in New Delhi, specializes in India’s opening economy. Her research focuses on capital flows, business cycles, the financial sector, and the study of Indian firms as India opens up its capital account. Patnaik writes regular columns in the Indian Express and the Financial Express. Before joining the National Institute of Public Finance and Policy in 2006, Patnaik served as economics editor of the Indian Express (2004–2006), senior fellow at the Indian Council for Research in International Economic Relations (2002–2004), and senior economist at the National Council of Applied Economic Research in New Delhi (1996–2002). Patnaik was also a visiting scholar at the International Monetary Fund in 2003, 2010, and 2013. Patnaik has served on a number of advisory committees on financial policy and regulation, including the Ministry of Finance Working Group on Foreign Investment (2009–2010), the Ministry of Finance Internal Working Group on Internal Debt Management (2008), and the RBI Working Group on Economic Indicators (2001–2002). She co-led the research team for the Ministry of Finance Financial Sector Legislative Reforms Commission (2011–2013). 

    Webpage: 

    E-mail: 


  • Nicholas Polson

  • Nicholas Polson

    University of Chicago

    Nicholas Polson is a Bayesian statistician who conducts research on Financial Econometrics, Markov chain Monte Carlo, Particle learning, and Bayesian inference. Inspired by an interest in probability, Polson has developed a number of new algorithms and applied them to the fields of statistics and financial econometrics, including the Bayesian analysis of stochastic volatility models and sequential particle learning for statistical inference.

    Polson’s article, “Bayesian Analysis of Stochastic Volatility Models,” was named one of the most influential articles in the 20th anniversary issue of the Journal of Business and Economic Statistics. His recent work includes methods for sparse Bayesian estimation with application to high dimensional regression and classification.

    Webpage: http://www.chicagobooth.edu/faculty/directory/p/nicholas-polson

    E-mail: ngp@chicagobooth.edu


  • Kai Pommerenke

  • Kai PommerenkeKai Pommerenke is a continuing lecturer at the University of California, Santa Cruz, where he teaches undergraduate and graduate finance courses. He is a CFA charterholder with a Ph.D. in economics. Prior to joining UCSC, he worked as a management consultant for many financial institutions on behalf of Booz & Co., founded an EdTech startup and worked for a large European FinTech company.

  • Jean Paul Rabanal

  • Jean Paul
    Jean Paul is a Visiting Assistant Professor at Colby College. His main interests are Experimental Finance and Evolutionary Economics. Jean Paul’s research covers an array of issues including asset pricing, behavior of financial intermediaries, macro-finance experiments and numerical methods to solve (evolutionary) dynamic models. He also has professional experience as Chief and Senior Economist for the Congress and the Treasury of Peru. 

  • Ajay Shah

  • Ajay Shah

    National Institute of Public Finance and Policy, India

    Ajay Shah studied at IIT, Bombay and USC, Los Angeles. He has held positions at the Centre for Monitoring Indian Economy, Indira Gandhi Institute for Development Research and the Ministry of Finance, and now co-leads the Macro/Finance Group at NIPFP in New Delhi. He has engaged in academic and policy-oriented research in the fields of Indian economic growth, open economy macroeconomics, public finance, financial economics and pensions. 

    Webpage: http://www.mayin.org/ajayshah)

    Blog (http://ajayshahblog.blogspot.com)

    Research group (http://macrofinance.nipfp.org.in)

    E-mail: ajayshah@mayin.org


  • Susan Thomas

  • Susan Thomas

    Indira Gandhi Institute of Development Research

    Susan Thomas holds degrees in civil engineering and economics from IIT, Bombay and University of Southern California, Los Angeles, respectively. She is faculty at the Indira Gandhi Institute for Development Research, Bombay. Her research is in financial econometrics and and market microstructure in India. Her engagement with markets include designing the stock market index, real-time risk management system for the clearing corporation, and the use of call auctions. She has worked on projects with the World Bank, IFC, ADB, securities and commodity derivatives exchanges in India, and the Government of India. More recent policy engagements include being a member of the Standing Council of the competitiveness of the Indian Financial Sector and the Bankruptcy Legislative Reforms Committee, set up by the Ministry of Finance, which submitted a draft Insolvency and Bankruptcy Code to the Indian Parliament. 

    Her work can be accessed at http://www.ifrogs.org


  • Paul Vroomen

  • Paul Vroomen

    University of California, Santa Cruz

    Paul has spent over thirty years in the semiconductor industry, 27 of which were in  Silicon Valley. Paul was VP/GM of divisions at three public companies: Zilog, Inc. VLSI Technologies, Inc. and Oak Technologies, Inc. He also was CEO of three venture capital funded start up companies, SandCraft, Inc., Connex Technologies, Inc. and Sandbridge Technologies, Inc. Paul has raised more than $70M in venture capital financing for these companies. He also spent 3 years at Tallwood Venture Capital, LLP, as an executive in residence. During this time he was a Board observer at 5 technology start-ups. Paul has a BSEE (cum laude) from the University of the Witwatersrand, Johannesburg, South Africa, an MSEE from the Philips International Institute (now an institute of Eindhoven University of Technology) in Eindhoven, the Netherlands, and is working on his PhD at the University of California, Santa Cruz, where he is researching decision support systems for private equity investment, with an emphasis on equity crowd funding. He has also completed the Managerial Advancement Program at the University of the Witwatersrand School of Business in Johannesburg, South Africa.

    Email: pvroomen@soe.ucsc.edu


  • Carl Walsh

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    University of California, Santa Cruz

    Carl E. Walsh is Distinguished Professor of Economics at the University of California, Santa Cruz, where he has been on the faculty since 1987. His research focuses on issues in monetary economics and policy. Recent research projects, joint with Federico Ravenna of HEC Montreal, have examined the implications of cyclical unemployment for the design of monetary policy. Walsh’s previous positions include faculty appointments at Auckland University and Princeton University. He has been a visiting scholar at the Federal Reserve Banks of Kansas, Philadelphia, and San Francisco and the Federal Reserve Board. He is an International Research Fellow of the Kiel World Institute and a CESifo Research Fellow. In addition to numerous journal articles, he is the author of the leading graduate text on monetary economics, Monetary Theory and Policy (MIT Press, 3nd ed., 2010) and is the co-author with Joseph Stiglitz of Economics, an introductory text (Norton, 4th ed. 2006).

    Webpage: http://people.ucsc.edu/~walshc/

    E-mail: walshc@ucsc.edu 


  • Ingrid Werner

  • Ingrid Werner

    Fisher College of Business, Ohio State University

    Professor Werner has an MBA and an Ekon. Lic. from Stockholm School of Economics, a PhD from the University of Rochester (1990), and an Honorary Doctorate in Economics from Stockholm School of Economics (2013). She joined the Finance group at Fisher College of Business, The Ohio State University, in 1998.  Professor Werner holds the Martin and Andrew Murrer Endowed Professorship in Finance and serves as Finance Department Chair. She held a National Fellowship at the Hoover Institution (Stanford University) during 1995-1996.  She was the 1996-1997 Visiting Research Economist at the New York Stock Exchange, and the 2001-2002 Nasdaq Visiting Academic Fellow.

    Professor Werner served on the Economic Advisory Board of the NASD 1998-2000,  the Scientific Advisory Board of the Swedish Financial Regulatory Committee 2008-2011, the Academic Advisory Board of the Swedish Finance Research Institute (SIFR) in Stockholm 2006-2013, and she currently serves on the Academic Advisory Board for the Swedish House of Finance (SHOF).

    Professor Werner’s research interests range from international finance to market microstructure.

    Webpage: https://u.osu.edu/werner.47/

    Email: werner.47@osu.edu


  • Yu Yongding

  • Yu Yongding

    Chinese Academy of Social Sciences

    Yu Yongding is academician of Chinese Academy of Social Sciences (CASS), member of Advisory Committee of National Planning of National Development and Reform of PRC, member of Advisory Committee of Foreign Policy of Ministry of Foreign Affairs of PRC, member of IMF APD Advisory Group, Editor-in-Chief of China and World Economy. He was director-general of Institute of World Economics and Politics(IWEP) with CASS (1998-2009), president of China Society of World Economics (2003-2011), member of Monetary Policy Committee of People’s Bank of China (2004-2006), member of UN commission of the Reform of the International Financial and Monetary System (“Stiglitz Commission”), and member of UN Committee for Development Policy. Yu Yongding was born in Jiangsu province in 1948. He graduated from the Beijing School of Science and Technology of Chinese Academy of Sciences in 1969 and worked as electrician at Beijing Heavy Machinery Factory from 1969- 1979. He joined the Institute of World Economics in 1979 and was Research Fellow(1983-1986), Head of Research Department (1986), Senior Research Fellow (1987) and Senior Fellow (1995-). He was elected Academician of Chinese Academy of Social Sciences in 2006.