Bennett McCallum
Bennett T. McCallum[1] | |
|---|---|
| Born | July 27, 1935 |
| Died | December 28, 2022 (aged 87) |
| Nationality | American |
| Academic career | |
| Field | Monetary economics Econometrics |
| Institution | Carnegie Mellon University University of Virginia |
| School or tradition | New classical economics |
| Alma mater | Rice University Harvard University |
| Influences | John Muth Robert E. Lucas |
| Contributions | McCallum rule |
| Information at IDEAS / RePEc | |
Bennett Tarlton McCallum (July 27, 1935 - December 28, 2022[2]) was an American monetary economist. He was H. J. Heinz Professor of Economics at Carnegie Mellon University's Tepper School of Business.[3] He is known for the McCallum Rule, a monetary policy proposal advocating targeting the growth rate of the monetary base.[4][5]
McCallum earned a B.A. and a B.Sc. (in chemical engineering) from Rice University. He then attended Harvard Business School to earn his M.B.A., before returning to Rice in order to obtain his Ph.D. in economics.
He became professor at Carnegie Mellon in 1981, after holding a professorship at the University of Virginia (1974–1982). Among his doctoral students was Charles L. Evans, the current president of the Federal Reserve Bank of Chicago.[6]
See also
[edit]References
[edit]- ^ Who's Who in Economics, Edward Elgar Publishing, 2003, p. 549.
- ^ "Bennett McCallum Obituary (2023) - Charlottesville, VA - Daily Progress". Legacy.com.
- ^ "Bennett T. McCallum (Homer Jones Lecture) - St. Louis Fed". research.stlouisfed.org. Retrieved 2019-05-13.
- ^ Chen, James. "McCallum Rule". Investopedia. Retrieved 2019-05-13.
- ^ McCallum, B. T. (1987). The case for rules in the conduct of monetary policy: a concrete example. Review of World Economics, 123(3), 415-429.
- ^ Tepper School of Business: Doctoral Program Newsletter, Issue 14, September 2007. Archived June 13, 2010, at the Wayback Machine
External links
[edit]- Website at Carnegie Mellon Archived 2022-12-15 at the Wayback Machine
- https://www.nber.org/people/bennett_mccallum
- https://www.c-span.org/person/?bennettmccallum
- McCallum, Bennett T. (2008). "Monetarism". In David R. Henderson (ed.). Concise Encyclopedia of Economics (2nd ed.). Indianapolis: Library of Economics and Liberty. ISBN 978-0865976658. OCLC 237794267.
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- 1935 births
- 2022 deaths
- Monetary economists
- New classical economists
- Rice University alumni
- Harvard University alumni
- University of Virginia faculty
- Carnegie Mellon University faculty
- 20th-century American economists
- 21st-century American economists
- Fellows of the Econometric Society
- People from Atascosa County, Texas
- American economist stubs