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Randall Wright

A New Monetarist Model of Financial and Macroeconomic Activity

March 22, 2013

Randall Wright, one of the world’s best known and most prolific researchers in monetary and macroeconomics, is a professor in the department of finance, investment and banking at the Wisconsin School of Business, where he holds the Ray Zemon Chair in Liquid Assets. He also holds an appointment in UW’s economics department. Before coming to Wisconsin, he was a professor at the University of Pennsylvania. He also taught for three years at Cornell and served one-year stints as a national fellow at the Hoover Institution (Stanford) and at the Federal Reserve Bank of Minneapolis.

Wright is well-known for his work on monetary, macro and labor economics, and has around 100 publications. He has won several awards for his research, including the Harry Johnson Prize for best article in the Canadian Journal of Economics and the Kenneth Arrow Prize for best article in the Berkeley Electronic Press Journals. He was the editor of International Economic Review between 1998 and 2008 and is currently an associate editor at the Journal of Economic Theory. He happens to have the highest “degree centrality” (the most co-authors) in economics.

Wright is or has been a research associate at the Federal Reserve Bank of Minneapolis, the Bank of Canada, the National Bureau of Economic Research and University of Paris II, to name a few. He is a fellow of the Econometric Society,and a fellow of the Society for the Advancement of Economic Theory. He teaches in both the Wisconsin School of Business and in the economics department. Wright earned his bachelor’s from the University of Manitoba and his doctorate from the University of Minnesota, where he worked with Neil Wallace.