Neil Wallace
Neil Wallace (* 1939 in New York City ) is an American economist and university professor . His specialty is monetary theory .
Career, research and teaching
Wallace studied at Columbia University before moving to the University of Chicago after completing his Bachelor of Arts degree . In 1964 he graduated here as a Ph.D. and then followed a call as an assistant professor at the Business School of the University of Minnesota . In 1969 he was promoted to associate professor , and in 1974 the university appointed him full professor. After twenty years in Minnesota, he moved to the University of Miami , which he left after three years for Pennsylvania State University .
In addition to Thomas Sargent and Robert E. Lucas , Wallace is considered to be one of the most important representatives of the New Classical Macroeconomics , whose monetary theory is particularly characterized by the inclusion of the theory of rational expectation and the associated real economic effects of monetary policy as minimal, i.e. H. limited to triggered by surprisingly expansive or restrictive measures.
In 2005 he was elected to the American Academy of Arts and Sciences .
literature
- Mark Blaug (Ed.): Who's who in economics. 3rd edition, Elgar, Cheltenham [u. a.] 1999, ISBN 1-85898-886-1 , p. 1145
Web links
- Web site at Penn State University
- Neil Wallace in the IDEAS database
| personal data | |
|---|---|
| SURNAME | Wallace, Neil |
| BRIEF DESCRIPTION | American economist |
| DATE OF BIRTH | 1939 |
| PLACE OF BIRTH | New York City |