About this series
With Money and Banking included in the Cambridge Elements Series, it is possible to examine a very active research area with new developments in monetary economics, monetary policy and banking. The questions surrounding money and banking are central to modern economies. Developments in both theory and empirical work allow researchers to dig more deeply into some of the fundamental questions related to trade, payments, liquidity, risk sharing and policymaking. Examples of topical research questions include the formation of inflation expectation and mitigation policy post the Covid pandemic, bank failures caused by business account holders in March 2023 and the optimal bail-out policy.
About the Editors
Professor Gu has been working at the University of Missouri since she graduated from Cornell University with a PhD in Economics in 2007. Her research interests are macroeconomics and monetary economics. She has published in top journals such as Econometrica, Journal of Political Economy, Review of Economic Studies, Journal of Monetary Economics and Journal of Economic Theory.
Joe Haslag is a Professor and Kenneth Lay Chair in Economics at the University of Missouri-Columbia. He received his PhD in Economics from Southern Methodist University in 1987. He spent 12 years in the Research Department at the Federal Reserve Bank of Dallas, teaching undergraduate and graduate courses at Southern Methodist University. He visited the Economics Department at Michigan State University in 2000 and the Department of Monetary Economics at Erasmus University in 1994. He has been a visiting scholar at the Federal Reserve Banks of St. Louis, Kansas City, Atlanta, and Cleveland. He area of expertise is monetary policy and macroeconomics. He has published his research in such prestigious academic journals as the Journal of Monetary Economics, The Review of Economics and Statistics, Journal of Money, Credit, and Banking, International Economic Review and the Review of Economics Dynamics, among other leading scholarly publications. His textbook on monetary economics, co-authored with Scott Freeman and Bruce Champ is in its 5th edition. Professor Haslag is under contract with Wiley Press to write an intermediate-level textbook on macroeconomics with Dr. Chris Otrok.
At the University of Missouri, Joe has also been the Executive Director of the Economic and Policy Analysis Research Center until 2021. Joe recently ended serving the State of Missouri as the external member of the State’s Consensus Revenue Forecasting team. A service he performed for 20 years. He has been a member of the Federal Reserve Bank of Kansas City’s Business and Economic Research Group.
Contact details
Chao Gu: guc@missouri.edu
Joseph Haslag: haslagj@missouri.edu
Areas of interest include
- Recent development in monetary experimental economics.
- New Monetarist economics and its application.
- Models of cryptocurrency and its policy implication.
- Financial fragility and policy implication
- Models of large-scale payment systems and their policy implication
- Advances in hidden action and hidden information affecting financial contracts
