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Michael W. Klein

William L. Clayton Professor of International Economic Affairs

Education

BA, Brandeis University
PhD in economics, Columbia University

Professional Activities

Associate Editor, Journal of International Economics; Editorial Board, International Economics and Economic Policy; Associate Editor, Economics: The Open-Access, Open-Assessment e-journal. Has served as Visiting Scholar at International Monetary Fund, Board of Governors of the Federal Reserve, Federal Reserve Bank of New York, and Federal Reserve Bank of Boston. Has taught at Brandeis University, Clark University, and Dartmouth College.

Curriculum Vitae

Michael W. Klein

Affiliations

• Research Associate, National Bureau of Economic Research
• Professor, by Courtesy, Department of Economics, Tufts University

Courses

Fall 2009

• EIB E230 - International Finance
• EIB E210m - Quantitative Methods (Modular course, 1st half of Fall 2009 Semester)
• EIB E232m - Economic Growth (Modular course, 2nd half of Fall 2009 Semester)

Spring 2010

• EIB E215m - Empirical Topics in Globalization (Modular course, 1st half of Spring 2010 Semester)
• EIB E233m - Finance, Growth, and Business Cycles (Modular course, 1st half of Spring 2010 Semester)

Research Interests

World capital markets, exchange rate management, foreign direct investment, consequences of international capital controls, effects of international factors on United States labor market.

Faculty Research Profile - "International competition is one source of job destruction, but only one of many. International competition is also one of the sources of job creation, however, a point that is often missed in the media since job destruction is better press."

Selected Publications

Books

• Exchange Rate Regimes in the Modern Era, MIT Press, forthcoming (Nov. 2009), co-authored with Jay Shambaugh (Dartmouth, F’96).
• Job Creation, Job Destruction, and International Competition, Upjohn Institute for Employment Research, 2003, with Scott Schuh and Robert Triest.

Textbooks

• Mathematical Methods for Economics, 2nd Edition, Addison Wesley, c. 2002

Selected Research Articles

• “The Dynamics of Exchange Rate Regimes: Fixes, Floats and Flips,” (with Jay Shambaugh), Journal of International Economics, May 2008.
• “Capital Account Liberalization, Financial Deepness and Economic Growth,” (with Giovanni Olivei), Journal of International Money and Finance, October 2008.
• “Fixed Exchange Rates and Trade,” (with Jay Shambaugh), Journal of International Economics, December 2006.
• Studying Texts: A Gemara of the Israeli Economy,” Israel Economic Review, August 2005.
• “Dollarization and Trade,” Journal of International Money and Finance, October 2005.
• “Capital Account Liberalization and Economic Performance: Survey and Synthesis,” (with Hali Edison, Luca Ricci and Torsten Slok), IMF Staff Papers, August 2004.
• “Work and Play: International Evidence of Gender Equality in Employment and Sports,” Journal of Sports Economics, August 2004.
• “Troubled Banks, Impaired Foreign Direct Investment: The Role of Relative Access to Credit,” (with Joe Peek and Eric Rosengren), American Economic Review, June 2002.

Draft Research Papers

• “Establishing Credibility: Evolving Perceptions of the European Central Bank” (with Linda S. Goldberg).
• “Do Borders Matter? Borders and Markets in West Africa” (with Jenny C. Aker and Steven O’Connell).