Globalization and Monetary Policy Institute

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The Globalization and Monetary Policy Institute Who's Who

Senior Fellows

W. Michael Cox, senior vice president and chief economist, joined the Dallas Fed in 1984. Cox authors the Bank's annual report essays, which have received extensive attention from leading publications such as The Wall Street Journal, New York Times and USA Today. He is also widely published in the nation's leading economic journals. Cox received an undergraduate degree in business and economics from Hendrix College and a Ph.D. in economics from Tulane University.

Mario Crucini is an associate professor of economics at Vanderbilt University. He is currently an associate editor of the Journal of International Economics and the Journal of Money, Credit and Banking. He is also a member of the board of editors of the Review of International Economics. Crucini has written widely on international business cycles, the contribution of trade policy to the Great Depression and, most recently, international pricing. He received a B.A. from the University of Western Ontario and an M.A. and Ph.D. from the University of Rochester.

Michael B. Devereux is professor of economics at the University of British Columbia and a visiting scholar at the International Monetary Fund in Washington, D.C. He is widely published in leading economic journals and is associate editor of the International Journal of Central Banking. He received a B.A. in economics and politics and an M.A. in economics from University College, Dublin, and Ph.D. from Queen's University, Kingston, Ontario.

Charles Engel is professor of economics at the University of Wisconsin—Madison and a research associate of the NBER. He has written extensively on exchange rate determination. He is currently co-editor of the Journal of International Economics and has been a visitor or consultant to many central banks, including the Board of Governors of the Federal Reserve, De Nederlandsche Bank, Reserve Bank of Australia, Bank of England and several Federal Reserve Banks. He received a B.A. from the University of North Carolina at Chapel Hill and a Ph.D. from University of California—Berkeley.

Francis E. Warnock is associate professor of business administration at the Darden Graduate School of Business at the University of Virginia. He is currently a faculty research fellow at the National Bureau of Economic Research and a research associate at the Institute for International Integration Studies at Trinity College Dublin. He was recently a consultant at the International Monetary Fund and a research fellow at the Hong Kong Monetary Authority. In addition, he served for several years as senior economist in the International Finance Division at the Federal Reserve Board. Warnock received a B.A. from Johns Hopkins University and Ph.D. from the University of North Carolina at Chapel Hill.

Advisory Board

Chairman

John B. Taylor is Mary and Robert Raymond Professor of Economics at Stanford University. He is a globally recognized expert on international monetary and financial issues and has produced extensive research on monetary policy, fiscal policy and international economic policy.

He is recognized throughout the economics profession and within monetary policy circles as the originator of the Taylor rule, a guiding principle for macroeconomic stabilization followed by many central banks. Taylor also serves as senior fellow at the Hoover Institution and Stanford Institute for Economic Policy Research, was founding director of the Stanford Introductory Economics Center and a research associate at the National Bureau of Economic Research.

Taylor has many years of distinguished service with the U.S. government, most recently as undersecretary of Treasury for international affairs from 2001to 2005. He was a member of the president's Council of Economic Advisers from 1989 to 1991. He received a B.A. in economics from Princeton University and a Ph.D. in economics from Stanford University.

Members