Bennett McCallum
Bennett T. McCallum | |
|---|---|
| Born | July 27, 1935 |
| Nationality | United States |
| Academic career | |
| Institution | Carnegie Mellon University University of Virginia |
| Field | Monetary economics Econometrics |
| School or tradition | New classical economics |
| Alma mater | Rice University Harvard University |
| Influences | John Muth Robert E. Lucas |
| Contributions | McCallum rule |
| Information at IDEAS / RePEc | |
Bennett T. McCallum (born July 27, 1935) is an American monetary economist. He is H. J. Heinz Professor of Economics at Carnegie Mellon University's Tepper School of Business.[2] He is known for the McCallum Rule, a monetary policy proposal advocating targeting the growth rate of the monetary base.[3][4]
McCallum earned a B.A. and a B.Sc. (in chemical engineering) from Rice University. He then attended Harvard Business School to earn his M.B.A., before returning to Rice in order to obtain his Ph.D. in economics.
He became professor at Carnegie Mellon in 1981, after holding a professorship at the University of Virginia (1974–1982). Among his doctoral students was Charles L. Evans, the current president of the Federal Reserve Bank of Chicago.[5]
See also
References
- ^ Who's Who in Economics, Edward Elgar Publishing, 2003, p. 549.
- ^ "Bennett T. McCallum (Homer Jones Lecture) - St. Louis Fed". research.stlouisfed.org. Retrieved 2019-05-13.
- ^ Chen, James. "McCallum Rule". Investopedia. Retrieved 2019-05-13.
- ^ McCallum, B. T. (1987). The case for rules in the conduct of monetary policy: a concrete example. Review of World Economics, 123(3), 415-429.
- ^ Tepper School of Business: Doctoral Program Newsletter, Issue 14, September 2007. Archived June 13, 2010, at the Wayback Machine
External links
- Website at Carnegie Mellon
- https://www.nber.org/people/bennett_mccallum
- https://www.c-span.org/person/?bennettmccallum
- McCallum, Bennett T. (2008). "Monetarism". In David R. Henderson (ed.). Concise Encyclopedia of Economics (2nd ed.). Indianapolis: Library of Economics and Liberty. ISBN 978-0865976658. OCLC 237794267.
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- 1935 births
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- Monetary economists
- New classical economists
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- University of Virginia faculty
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