La Follette School economist Menzie Chinn has received the Leon D. Epstein Distinguished Faculty Research Award from the University of Wisconsin–Madison’s College of Letters & Science.
One of the United States’ leading experts on currency exchange rates, Chinn will use the funds to examine the impact of changes in the conduct of monetary policy on the relationship between exchange rates and interest rates, part of his overall research on the empirical and policy aspects of macroeconomic interactions between countries.
“Menzie’s papers explaining how exchange rates evolve are standard references,” says La Follette School director Susan Yackee, “and his work on China’s exchange rate has been front and center in the critical public and scholarly debates over whether China is pursuing a policy of manipulating its currency. He was just quoted in the Milwaukee Journal-Sentinel.”
Chinn coauthors the influential blog on current macroeconomic issues, www.econbrowser.com. He is also coauthor with Jeffry Frieden of Lost Decades: The Making of America’s Debt Crisis and the Long Recovery. Chinn serves as 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.
Epstein was a professor political science and dean of during the tumultuous late 1960s, this estate gift honors top faculty with in the College of Letters & Science.