George M. von Furstenberg

Last updated

George M. von Furstenberg is a noted economist, currently serving as the James H. Rudy Professor of Economics at Indiana University and best known for his work in the areas of monetary policy, free trade policy and international finance.

Contents

Early life and education

Von Furstenberg was born during Second World War. From 1955 to 1958, Von Furstenberg was educated at The Oratory School, [1] a Roman Catholic boarding independent school for boys in the village of Woodcote in Oxfordshire in Southern England. He emigrated to America in his late teens, doing his undergraduate work at Columbia University, and graduating in magna cum laude in 1963. [2] From there, he went on to a doctorate in International Finance at Princeton University, with an internship at the Brookings Institution as a pre-doctoral fellow. [3]

Life and career

Von Furstenberg served for a year as an assistant professor of economics at Cornell, followed by another stint at Brookings, this time as an Economic Policy Fellow assigned to the Program Evaluation Section of the Department of Housing and Urban Development (HUD). He returned to Cornell for two years as an assistant professor, then spent a summer as a consultant to HUD, before moving to Indiana as an associate professor. Following a stint as a visiting professor at the University of Augsburg, he became a full professor at Indiana, in 1973.

From 1973 to 1976 von Furstenberg served as Senior Staff Economist for the U.S. President's Council of Economic Advisors. He spent half a year as a resident economist at the American Enterprise Institute, then resumed his teaching duties in Bloomington. In 1978, he began a five-year stint as Chief of the Financial Studies Division of the International Monetary Fund. In 1983, he was named Rudy Professor of Economics.

While continuing to lecture at Indiana University, von Furstenberg has also made time for brief visiting professorships Justus-Liebig University and the University of Toronto and summer lectures at University of Szczecin, the Warsaw University School of Management International Business Program, and Catholic University of Lublin Business School. He has been the recipient of numerous Fulbright and other grants, and has consulted for several U.S. government agencies as well as the Deutsche Bundesbank.

From 2000 to 2002, von Furstenberg was the inaugural Robert Bendheim Professor of Economic and Fiscal Policy at the Fordham Graduate School of Business.

The professor is married and has one son. He speaks German and English fluently, has a working knowledge of French and some knowledge of Latin and Spanish. His wife speaks Dutch, German and French.

Works

Articles and papers

Working papers

  1. George M. von Furstenberg & B. Hofer, 1997. "Financial Integration in North America and in Europe Among Neighboring Countries at Different Stages of Development," Papers 25, American Institute for Contemporary German Studies.
  2. Burton G. Malkiel & George M. von Furstenberg & Harry S. Watson, 1980. "Expectations, Tobins q, and Industry Investment," NBER Reprints 0054, National Bureau of Economic Research, Inc.

Articles

  1. George M. von Furstenberg & Carlos B. Tabora, 2004. "Bolsa or NYSE: price discovery for Mexican shares," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 14(4), pp. 295–311.
  2. George M. von Furstenberg & Jianjun Wei, 2002. "The Chinese crux of monetary union in East Asia," Paper to be delivered at a G8 Research Group Conference Calgary, June 22, 2002.
  3. George M. von Furstenberg 2001. "Hopes and delusions of transparency1," The North American Journal of Economics and Finance, Elsevier, vol. 12(1), pp. 105–120.
  4. George M. von Furstenberg, 2001. "Pressures for currency consolidation in insurance and finance: Are the currencies of financially small countries on the endangered list?," Journal of Policy Modeling, Elsevier, vol. 23(3), pp. 321–331.
  5. George M. von Furstenberg, 2000. "Implications of changes in transparency in civilian and military spheres," Paper prepared for the symposium, The Kyushu-Okinawa Summit: The Challenges and Opportunities for the Developing World in the 21st Century, Tokyo, Japan, July 17, 2000.
  6. Alexander, Volbert & George M. von Furstenberg, 2000. "Monetary unions--a superior alternative to full dollarization in the long run," The North American Journal of Economics and Finance, Elsevier, vol. 11(2), pp. 205–225.
  7. "A Case Against U.S. Dollarization," Challenge: The Magazine of Economic Affairs, July/August 2000, pp. 108–121.
  8. George M. von Furstenberg, 1998. "Price Stability: How Canada's Governor Crow Approached It," Journal of Policy Modeling, Elsevier, vol. 20(3), pp. 335–360
  9. von Furstenberg, George M. & Fratianni, Michele, 1996. "Indicators of financial development," The North American Journal of Economics and Finance, Elsevier, vol. 7(1), pages 19–29. [Downloadable!]
  10. George M. von Furstenberg & Joseph P. Daniels, 1992. "Can you trust G-7 promises?," International Economic Insights 3 September/October 1992, pp. 24–27.

Books

Related Research Articles

<span class="mw-page-title-main">Franco Modigliani</span> Italian-American economist (1918–2003)

Franco Modigliani was an Italian-American economist and the recipient of the 1985 Nobel Memorial Prize in Economics. He was a professor at University of Illinois at Urbana–Champaign, Carnegie Mellon University, and MIT Sloan School of Management.

<span class="mw-page-title-main">William Baumol</span> American economist (1922–2017)

William Jack Baumol was an American economist. He was a professor of economics at New York University, Academic Director of the Berkley Center for Entrepreneurship and Innovation, and Professor Emeritus at Princeton University. He was a prolific author of more than eighty books and several hundred journal articles. He is the namesake of the Baumol effect.

<span class="mw-page-title-main">John B. Taylor</span> American economist (born 1946).

John Brian Taylor is the Mary and Robert Raymond Professor of Economics at Stanford University, and the George P. Shultz Senior Fellow in Economics at Stanford University's Hoover Institution.

Peter Bain Kenen was an American economist, who was the Walker Professor of Economics and International Finance at Princeton University, and senior fellow in international economics at the Council on Foreign Relations.

<span class="mw-page-title-main">Lawrence H. White</span> American economist

Lawrence Henry White is an American economics professor at George Mason University who teaches graduate level monetary theory and policy. He is considered an authority on the history and theory of free banking. His writings support the abolition of the Federal Reserve System and the promotion of private and competitive banking.

<span class="mw-page-title-main">William A. Barnett</span> American economist

William Arnold Barnett is an American economist, whose current work is in the fields of chaos, bifurcation, and nonlinear dynamics in socioeconomic contexts, econometric modeling of consumption and production, and the study of the aggregation problem and the challenges of measurement in economics.

Otmar Issing is a German economist who served as a member of the Executive Board of the European Central Bank from 1998 to 2006 and concurrently as ECB chief economist. He developed the 'two-pillar' approach to monetary policy decision-making that the ECB has adopted. After leaving the executive board, Issing been serving as president of the Center for Financial Studies since 2006.

<span class="mw-page-title-main">Markus Brunnermeier</span> German economist

Markus Konrad Brunnermeier is an economist, who is the Edwards S. Sanford Professor of Economics at Princeton University.

<span class="mw-page-title-main">Basil Moore</span>

Basil John Moore was a Canadian post-Keynesian economist, best known for developing and promoting endogenous money theory, particularly the proposition that the money supply curve is horizontal, rather than upward sloping, a proposition known as horizontalism. He was the most vocal proponent of this theory, and is considered a central figure in post Keynesian economics

Richard Andreas Werner is a German banking and development economist who is a university professor at University of Winchester.

Panicos Onisiphorou Demetriades in Limassol, Cyprus, is a Cypriot economist, currently Professor of Financial Economics at the University of Leicester. During 3 May 2012 - 10 April 2014, Demetriades was a European Central Bank Governing Council member and the Governor of the Central Bank of Cyprus. According to RePEC he is in the top 2% of economic authors in Europe. He is the author of "A Diary of the Euro Crisis in Cyprus: Lessons for Bank Recovery and Resolution", published by Palgrave Macmillan in 2017.

<span class="mw-page-title-main">Paul De Grauwe</span> Belgian economist

Paul De Grauwe is a Belgian economist and John Paulson Professor in European Political Economy at the London School of Economics and Political Science as head of the European Institute. He is also professor emeritus in international economics at KU Leuven and former member of the Belgian Federal Parliament.

Sérgio T. Rebelo is a Portuguese economist who is the current MUFG Bank Distinguished Professor of International Finance at the Kellogg School of Management in Illinois, United States. He is also a co-director of the Center for International Macroeconomics at Northwestern University.

<span class="mw-page-title-main">Gikas Hardouvelis</span> Greek banker and politician

Gikas A. Hardouvelis is a Greek economist and former senior government official serving as chairman of the Board of Directors of the National Bank of Greece (NBG). He was the Minister of Finance of the Hellenic Republic from June 2014 to January 2015.

Hélène Rey is a French economist who serves as Professor at London Business School (LBS). Her work focuses on international trade, financial imbalances, financial crises and the international monetary system.

Francis Michel Bator was a Hungarian-American economist and educator. He was a professor emeritus at Harvard Kennedy School of political economy. He was born in Budapest, Hungary. Bator attended the Massachusetts Institute of Technology and earned a Ph.D. in 1956. He was Deputy National Security Advisor of the United States from 1965 to 1967. He was also a Special Assistant to President Lyndon B. Johnson.

<span class="mw-page-title-main">Giancarlo Corsetti</span> Italian economist

Giancarlo Corsetti, is an Italian macroeconomist and Professor of Macroeconomics at the European University Institute in Florence. He is best known in academia for his work on open economy macroeconomics and international economics. In March 2017, the IDEAS/RePEc overall ranking put him as the most influential economist at Cambridge University where he was teaching at the time.

<span class="mw-page-title-main">Arnoud Boot</span> Dutch economist

Arnoud W.A. Boot is a Dutch economist and professor of Corporate Finance and Financial Markets at the University of Amsterdam. He is a member of the Royal Netherlands Academy of Arts and Sciences since 2008 and is also a member of its Social-Scientific Council.

Jürgen von Hagen is a German economist and professor at the University of Bonn, where he currently also serves as director of the Institute for International Economic Policy. He was awarded the Gossen Prize in 1997.

Pierre-Olivier Gourinchas is a French economist who has been the Chief Economist of the International Monetary Fund since 2022. Gourinchas is also the S.K. and Angela Chan Professor of Management at the University of California, Berkeley. At the University of California, he also directs the Clausen Center for International Business and Policy and is affiliated with the Haas School of Business. His research focuses on macroeconomics, in particular international macroeconomics and international finance. In 2008, Gourinchas received the Prize of the Best Young Economist of France.

References

  1. Notable Old Oratorians (1972-2009) - In Public Life and the Professions - George von Furstenberg Archived 2015-01-09 at the Wayback Machine Publisher: The Oratory School Society, Woodcote, Oxfordshire. Retrieved: 1 May 2013.
  2. "Esteemed Economist Fills Business Chair". Fordham Newsroom. 2000-07-07. Retrieved 2021-08-27.
  3. "George M. von Furstenberg". Department of Economics. Retrieved 2021-08-27.