Charles Plosser
| Charles Plosser | |
|---|---|
| Born | September 19, 1948 Birmingham, Alabama |
| Nationality | American |
| Institution | University of Rochester |
| Field | Macroeconomics |
| Alma mater | University of Chicago Vanderbilt University |
| Influences | Robert Lucas, Jr. Edward C. Prescott Thomas Sargent |
| Contributions | Real business cycles |
| Information at IDEAS / RePEc | |
Charles Irving Plosser (born September 19, 1948) is a former president of the Federal Reserve Bank of Philadelphia who served from August 1, 2006 to March 1, 2015.[1] [2] An academic macroeconomist, he is well known for his work on real business cycles, a term which he and John B. Long, Jr.[3] coined. Specifically, he wrote along with Charles R. Nelson in 1982[4] an influential work entitled "Trends and Random Walks in Macroeconomic Time Series" in which they dealt with the hypothesis of permanent shocks affecting the aggregate product (GDP).
Biography
Plosser was born in Birmingham, Alabama. Before joining the Philadelphia Fed, Plosser was for 12 years the Dean of the William E. Simon Graduate School of Business Administration at the University of Rochester and served concurrently as the school's John M. Olin Distinguished Professor of Economics and Public Policy. He was also co-editor of the Journal of Monetary Economics for more than twenty years.
He earned Ph.D. and M.B.A. degrees from the University of Chicago in 1976 and 1972, respectively, and a bachelor of engineering degree from Vanderbilt University in 1970. He is also a graduate of Indian Springs School in Indian Springs, Alabama.
See also
Selected bibliography
- Charles R. Nelson and Charles I. Plosser, September, 1982. "Trends and Random Walks in Macroeconmic [sic] Time Series: Some Evidence and Implications," Journal of Monetary Economics, 10(2), pp. 139–162. Abstract.
- John B. Long, Jr. and Charles I. Plosser, 1983. "Real Business Cycles" Journal of Political Economy, 91(1), pp. 39-69 (press +).
- Robert G. King and Charles I. Plosser, 1984. "Money, Credit, and Prices in a Real Business Cycle," American Economic Review, 74(3), p p. 363-380. Reprinted in Finn E. Kydland, ed., 1995. Business Cycle Theory, pp. 136-55.
- Robert G. King, Charles I. Plosser, and Sergio T. Rebelo, 1988. "Production, Growth, and Business Cycles: I. The Basic Neoclassical Model," Journal of Monetary Economics, 21(2-3), pp. 195–232. Abstract.
- Charles I. Plosser, 1989. "Understanding Real Business Cycles," Journal of Economic Perspectives, 3(3), pp. 51-77 (press +).
References
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- ↑ John B. Long faculty page, simon.rochester.edu webpage. Retrieved 2012-11-16.
- ↑ Charles R. Nelson: Curriculum Vitae, econ.washington.edu webpage, October 2007. Retrieved 2012-11-16.
External links
- Biography at the Philadelphia Fed at the Wayback Machine (archived January 22, 2008)
- Federal Reserve System biography
- Home page at Rochester at the Wayback Machine (archived July 20, 2011)
- Robb, Greg, MarketWatch:
- "Fed’s Plosser says current policy very risky", November 15, 2012
- "Fed’s Plosser slams QE3", September 25, 2012
- Charles Plosser at the Mathematics Genealogy Project
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- Articles with hCards
- No local image but image on Wikidata
- 1948 births
- American economists
- Federal Reserve Bank of Philadelphia presidents
- Living people
- University of Chicago Booth School of Business alumni
- University of Rochester faculty
- Vanderbilt University alumni
- Place of birth missing (living people)
- Indian Springs School alumni
