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Student Edition
Instructor Edition
Money, Banking and Financial Markets

Stephen G Cecchetti, Brandeis University

ISBN: 0072452692
Copyright year: 2006

About the Author



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Stephen G. Cecchetti joined the Brandeis University faculty in 2003 as a Professor of International Economics and Finance at the International Business School. He is also the Director of Research at the Rosenberg Institute for Global Finance at Brandeis. Previously, Professor Cecchetti taught at the New York University Stern School of Business and, for approximately 15 years, was a member of the Department of Economics at The Ohio State University. He has been a Visiting Professor of Economics at Princeton University, Oxford University, the University of Melbourne, and Boston College.

In addition to his academic appointments, Cecchetti’s background includes serving as Executive Vice President and Director of Research, Federal Reserve Bank of New York (1997–1999); Editor, Journal of Money, Credit, and Banking (1992–2001); Research Associate, National Bureau of Economic Research (1989–present); Board of Editors, American Economic Review (1992–1998), and the Journal of Economic Literature (1993–present), among others.

He has consulted for various central banks around the world, including the European Central Bank, the Bank of England, the Central Bank of Bolivia, the Bank of Israel, and the Reserve Bank of Australia.

Cecchetti’s research interests include in.ation and price measurement, monetary policy, macroeconomic theory, economics of the Great Depression, and .nancial economics. His initial work concentrated on the theoretical basis and empirical plausibility of new Keynesian models of the business cycle that are based on nominal rigidities. More recently, he has developed new measures of core in.ation and examined how monetary policy can be used to control aggregate price movements.

He has published over 60 articles in academic and policy journals and since 2000 has been a regular contributor to the Financial Times. See www.brandeis.edu/global/ news_cecchetti_articles.php for an archive of his recent newspaper columns.

Cecchetti received an SB in Economics from M.I.T. in 1977 and a PhD in Economics from the University of California at Berkeley in 1982.


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