Menzie Chinn

Professor of Public Affairs and Economics

Office: 7418 Sewell Social Sciences Building
Phone: 608-262-7397
E-mail:

Department of Economics
1180 Observatory Drive
Madison, WI 53706

Menzie Chinn is Professor of Public Affairs and Economics. His research examines the empirical and policy aspects of macroeconomic interactions between countries. Recent work focuses on how exchange rates behave and identifying the determinants of trade surpluses and deficits.

He is coauthor with Jeffry Frieden of Lost Decades: The Making of America’s Debt Crisis and the Long Recovery (W.W. Norton, 2011), and coauthor with Yin-Wong Cheung and Eiji Fujii of The Economic Integration of Greater China: Real and Financial Linkages and the Prospects for Currency Union (Hong Kong University Press, 2007).

In 2000-2001, Professor Chinn served as Senior Staff Economist for International Finance on the Council of Economic Advisers. He is a Research Associate in the International Finance and Macroeconomics Program of the National Bureau of Economic Research and on the advisory council of the Peterson Institute for International Economics. He has been visiting scholar at the International Monetary Fund, the Congressional Budget Office and the Federal Reserve Board. He is currently an associate editor of the Journal of Money, Credit and Banking. In 2011 he started a two-year term on the Congressional Budget Office’s Panel of Economic Advisers. His work has been cited in The Economist, Financial Times, Reuters, Wall Street Journal, Business Week, and he has been interviewed on CNBC, NPR, and Minnesota Public Radio.

Prior to his appointment at the University of Wisconsin-Madison in 2003, Professor Chinn taught at the University of California, Santa Cruz. He received his doctorate in Economics from the University of California, Berkeley.

Curriculum vitae

Weblog on current macroeconomic issues, www.econbrowser.com

Department of Economics information

Research

Courses

PA 854 Macroeconomic Policy and International Financial Regulation: spring 2012, spring 2011, spring 2010, spring 2009, spring 2008, spring 2007, spring 2006
PA 974 Monetary Policy and Financial Regulation in a Globalized Economy, fall 2010
PA 974 Policy Responses to the Great Recession, fall 2009
PA 856 Trade, Competition, and Governance in a Global Economy: fall 2008, fall 2007, fall 2006

La Follette School Working Paper Series

The Eurozone in Crisis: Origins and Prospects / La Follette School Working Paper No. 2012-001
A Forensic Analysis of Global Imbalances / La Follette School Working Paper No. 2011-016
Macro Approaches to Foreign Exchange Determination / La Follette School Working Paper No. 2011-013
Financial Globalization and China / La Follette School Working Paper No. 2011-006
Evidence on Financial Globalization and Crises: Global Imbalances / La Follette School Working Paper No. 2011-003
Financing U.S. Debt: Is There Enough Money in the World – and At What Cost?/ La Follette School Working Paper No. 2010-015
Measuring Misalignment: Latest Estimates for the Chinese Yuan / La Follette School Working Paper No. 2010-010
Surfing the Waves of Globalization: Asia and Financial Globalization in the Context of the Trilemma / La Follette School Working Paper No. 2010-009
The Emerging Global Financial Architecture: Tracing and Evaluating New Patterns of the Trilemma Configuration / La Follette School Working Paper No. 2010-008
The Predictive Power of the Yield Curve across Countries and Time / La Follette School Working Paper No. 2010-002
Supply Capacity, Vertical Specialization and Tariff Rates: The Implications for Aggregate U.S. Trade Flow Equations / La Follette School Working Paper No. 2010-001
The Predictive Content of Commodity Futures / La Follette School Working Paper No. 2009-016
Private Information and the Monetary Model of Exchange Rates: Evidence from a Novel Data Set / La Follette School Working Paper No. 2009-008
Private Information and the Monetary Model of Exchange Rates: Evidence from a Novel Data Set / La Follette School Working Paper No. 2009-003
Pitfalls in Measuring Exchange Rate Misalignment: The Yuan and Other Currencies / La Follette School Working Paper No. 2009-002

A Faith-based Initiative: Does a Flexible Exchange Rate Regime Really Facilitate Current Account Adjustment? / La Follette School Working Paper No. 2008-019

Nonlinearities, Business Cycles and Exchange Rates / La Follette School Working Paper No. 2008-015

A New Measure of Financial Openness / La Follette School Working Paper No. 2007-033

China’s Current Account and Exchange Rate / La Follette School Working Paper No. 2007-030

Price-based Measurement of Financial Globalization: A Cross-Country Study of Interest Rate Parity / La Follette School Working Paper No. 2007-029

Global Current Account Imbalances: American Fiscal Policy versus East Asian Savings / La Follette School Working Paper No. 2007-012

The Overvaluation of Renminbi Undervaluation / La Follette School Working Paper No. 2007-002

Current Account Balances, Financial Development and Institutions: Assaying the World Savings Glut / La Follette School Working Paper No. 2006-027

The Illusion of Precision and the Role of the Renminbi in Regional Interaction / La Follette School Working Paper No. 2006-023

ICT Use in the Developing World: An Analysis of Differences in Computer and Internet Penetration / La Follette School Working Paper No. 2006-017

Conventional and Unconventional Approaches to Exchange Rate Modeling and Assessment / La Follette School Working Paper No. 2006-016

Will the Euro Eventually Surpass the Dollar as Leading International Reserve Currency? / La Follette School Working Paper No. 2006-001

Why the Renminbi Might be Overvalued (But Probably Isn't) / La Follette School Working Paper No. 2005-029

Three Current Account Balances: A "Semi-Structuralist" Interpretation / La Follette School Working Paper No. 2005-024

Current Account Balances, Financial Development and Institutions: Assaying the World Savings Glut / La Follette School Working Paper No. 2005-023

A Primer on Real Effective Exchange Rates: Determinants, Overvaluation, Trade Flows and Competitive Devaluation / La Follette School Working Paper No. 2005-019

Will the Euro Eventually Surpass the Dollar Leading International Reserve Currency? / La Follette School Working Paper No. 2005-018

Doomed to Deficits? Aggregate U.S. Trade Flows Re-Examined / La Follette School Working Paper No. 2005-015

What Matters for Financial Development? Capital Controls, Institutions, and Interactions / La Follette School Working Paper No. 2005-007

How Far Has the Dollar Fallen? / La Follette School Working Paper No. 2005-003

Macroeconomic Management and Financial Stability: The Implications for East Asia / La Follette School Working Paper No. 2004-001