ChrisBALL

My Latest Global Economics Column on Substack

Global Economics: https://globalecon.substack.com/

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Academic Research

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Working Papers

• "Adding Outside Money to Sidrauskian Models: Mechanisms Matter", Ready to Submit Version, May, 15, 2023
  Abstract: The Sidrauski (1967) model in much monetary research even today. His mechanism to add outside money to the model leads to specific conclusions that focus on the role of money but not on the role of monetary policy in economies. This paper focuses on the “monetary mechanisms” possible in Sidrauski’s original model. It explores three possible mechanisms in Sidrauski-models: (1)via net fiscal transfers, (2) via commodity exchanges, and (3) via capital exchanges. The results show that his original formulation was both unrealistic and infeasible for the conduct of monetary policy, especially from a central bank balance
  sheet perspective. Adding money instead through government purchases of real-valued goods or capital leads to a natural role for the balance sheet of the central bank helping to make sense of traditional  monetary regimes and provide insights to modern regimes.

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​Published Research

• "Exploring What Stock Markets Tell Us About GDP In Theory and Practice" [With Jack French]. Research in Economics, September 25, 2021.  ​

• "Populism-What Next? A First Look at Populist Walking-Stick Economies."  [With Andreas Freytag and Miriam Kautz], CESifo Working Paper No. 7914., CESifo, Munich, 2019.  Latest version (2021) here.

• “Remittances, Inflation and Exchange Rate Regimes in Small Open Economies” [With Javier A. Reyes and Claude Lopez]. The World Economy 36(4): 487-507, 2013

• “Inflation Targeting or Fear of Floating in Disguise: A Broader Perspective” [With Javier A. Reyes].  Journal of Macroeconomics 30(1), pp. 308 - 326, 2008.

• “International Reserve Holdings: Interest Rates Matter!” [With Javier A. Reyes]. Applied Economic Letters, pp. 1 – 6, 2008.

• “Rethinking Hub versus Point-to-Point Competition: A Simple Circular Airline Model.” Journal of Business and Economic Studies. Vol. 13, Number 1, (2007): 73-87.

• “Inflation Targeting or Fear of Floating in Disguise: The Case of Mexico.” [With Javier A. Reyes]. International Journal of Finance and Economics, Vol. 9, Issue 1, (2004): 49-69.

• “The Intertwinement of Legal and Economic Systems in Transition,” Rechtstheorie, 33 (2002): 299-317

 

Book Chapters:

• “Inflation Targeting and Trade Deficits: Thoughts for the Visegrad Four.” [With Javier A. Reyes], in Inflation: Roles, Targeting, and Dynamics, edited D.T. Bentley and E.P. Nelson, Chapter 2 pp. 1 – 24.

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Non-Academic Writing

• "Looking Past the COVID-19 Economic Crisis" (PDF), CBA Quarterly, The Official Magazine of the Connecticut Bankers Association, Third Quarter 2020, page 22.

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Lectures & Speeches

(I'm trying to do better writing up and posting my talks. Please bear with me.)

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Economic/Professional

• For my latest articles, find me at Global Economics: https://globalecon.substack.com/ 

• "Substantial inflation is (still) always and everywhere a monetary phenomenon."  February 23, 2022 (PDF)

• "Foundations of Free Societies and Free Economies", invited lecture given for the Young Hungarian Leadership Program (YHLP) participants, Washington, DC, Oct 30, 2021.  Currently in handwritten form in two parts here.

• "The Economy in 2021 and Beyond"(PPT slides),  invited lecture for the Connecticut Banker's Association, 2021 Director & Senior Officer Symposium, May 16, 2021.

• "Global Economic Outlook Covid, the World and Implications for CT" (PPT slides),  keynote address for the Connecticut Banker's Association, 2020 Director & Senior Officer Symposium, June 1, 2020.

• "Navigating the trade wars", keynote address for CBIA's conference on "The Connecticut Economy 2019", Hartford Marriott Downtown, Hartford, CT, Sep, 6, 2019.

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TV and Written Interviews

• (TV/video) Effects of US Russian Oil Ban, interview on Connecticut's WFSB Eyewitness News 3.  March, 8, 2022. https://www.wfsb.com/video/2022/03/08/interview-us-bans-russian-oil/

• WalletHub Interview on "March 2022 Fed Rate Hikes", published March 8, 2022, https://wallethub.com/edu/sa/fed-rate-hike-survey/48053#expert=Christopher_Ball

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Honorary Hungarian Consul

• "The Tangible and Intangible Threats to Freedom" (PDF), talk given for the 1956 Anniversary at the Hungarian House in Wallingford, CT. October 25, 2021

• My Remarks on the 61st Anniversary of the Hungarian 1956 Revolution and Freedom Fight (October 22, 2017 in Wallingford, CT, USA)

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