Experts
William A. Barnett
Director / Advances in Monetary and Financial Measurement
wbarnett@the-cfs.org
At the Center for Financial Stability,
William A. Barnett directs a program to deepen state-of-the-art advances
in monetary and financial measurement. The result is planned to
be national and international databases of monetary and financial data,
rigorously founded in economic aggregation and index-number theory.
The data will be hosted within a CFS section, Advances in Monetary and
Financial Measurement (AMFM), of which Dr. Barnett will be Director.
AMFM will include monthly updates and relevant analysis.
Professor Barnett is an eminent economic
scientist. He is the originator of the Divisia monetary aggregates
and the “Barnett Critique.” His work in the area of monetary and
financial economics has been highly influential in shaping academic
and central-bank staff research on the econometrics of financial aggregation
and policy in the last thirty years. At least 37 countries and
economic unions either officially or unofficially construct Divisia
monetary aggregates.
Dr. Barnett is Oswald Distinguished
Professor of Macroeconomics at the University of Kansas Department of
Economics and Core Faculty Member of the Center for Global and International
Studies at the University of Kansas, as well as Senior Fellow of the
IC2 Institute at the University of Texas at Austin. He is Founder and
Editor of the Cambridge University Press journal, Macroeconomic Dynamics,
and Founder and Editor of the Emerald Press monograph series, International
Symposia in Economic Theory and Econometrics.
He previously was on the staff of the
Board of Governors of the Federal Reserve System in Washington, DC for
eight years, was Stuart Centennial Professor of Economics at the University
of Texas at Austin, Full Professor of Economics at Washington University
in St. Louis, and Research Associate at the University of Chicago. Before
becoming an economist, he was one of the engineers who developed the
rocket engines for the Apollo project at Rocketdyne Division of Boeing
Corporation in Los Angeles. He received his BS degree from the Massachusetts
Institute of Technology, his MBA degree from the University of California
at Berkeley, and his MA and PhD degrees from Carnegie Mellon University.
His biographies appear in Marquis‘ Who‘s Who in America and
Marquis‘ Who‘s Who in the World.
He has published over 160 articles
in professional journals and 27 books, as either author or editor. His
research has been published in 7 languages. He co-authored the book,
Inside the Economist's Mind, with the late Paul Samuelson, America‘s
first Nobel Prize Winner in Economics. His most recent book, Getting it Wrong: How Faulty Monetary Statistics Undermine the Fed, the Financial System, and the Economy, was released by MIT Press in January 2012. Professor Barnett has received
over 22 different awards and honors. Special issues of two eminent professional
journals, the Journal of Econometrics and Econometric Reviews,
are currently being prepared in Professor Barnett's honor with contribution
by many of the world's most prominent economists. The organizers and
editors of the two special issues are Apostolos Serletis, Distinguished
Professor of Economics and Finance at the University of Calgary in Canada,
and James J. Heckman, Nobel Laureate in Economics and the Henry Schultz
Distinguished Service Professor of Economics at The University of Chicago.
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