Professor Richard Dennis
| Position(s): | Professor |
|---|---|
| Email: | richard.dennis@anu.edu.au |
| Phone: | Ext. 57346 (+61) 2 612 57346 |
| Fax: | (+61) 2 612 50182 |
| Office: | Room 2108 Copland Building (24) |
| Mailing Address: | |
| Research School of Economics ANU College of Business and Economics LF Crisp Building 26 The Australian National University Canberra ACT 0200 Australia | |
Biography
Richard Dennis (Ph.D. Australian National University) has spent the last decade working for the Federal Reserve Bank of San Francisco and is now Professor of Economics at the Australian National University. Richard's primary areas of interest relate to macro-modeling and monetary policy design. In particular, Richard has researched and published extensively on optimal policy design and time-consistency in relation to the conduct of monetary policy. In addition, Richard has published on timeless perspective policymaking, on robust decision making, and has worked on the issue of multiple equilibria in discretionary policy settings. Recent publications have appeared in the Journal of Monetary Economics, Journal of Economic Dynamics and Control, and the Journal of Money, Credit, and Banking.
Disciplines & research interests
- Economics
- Macroeconomic Theory
- Applied Macroeconomics
- Monetary Economics
- Computational Economics
- Macroeconometrics
Selected Publications
Dennis, R., (2010) "How Robustness can Lower the Cost of
Discretion," Journal of Monetary Economics, 57, 6, pp.
653-667.
Dennis, R., (2010), "When is Discretion Superior to Timeless
Perspective Policymaking?" Journal of Monetary Economics, 57, 3,
pp. 266-277.
Dennis, R., Leitemo, K., and U. Soderstrom, (2009), "Methods for
Robust Control," Journal of Economic Dynamics and Control, 33, 8,
pp. 1604-1616.
Dennis, R., (2009), "Consumption-habits in a New Keynesian Business
Cycle Model," Journal of Money, Credit, and Banking, 41, 5, pp.
1015-1030.
Dennis, R., (2008), "Robust Control with Commitment: A Modification
to Hansen-Sargent", Journal of Economic Dynamics and Control, 32,
7, pp. 2061-2084.
Dennis, R., and F. Ravenna, (2008), "Learning and Optimal Monetary
Policy," Journal of Economic Dynamics and Control, 32, 6, pp.
1964-1994.
Research Papers
- Imperfect Credibility and Robust Monetary Policy (Working Paper Series in Economics and Econometrics - August 2012)
- Expectations Traps and Coordination Failures with Discretionary Policymaking (Working Paper Series in Economics and Econometrics - May 2013)
