Robert M. La Follette School of Public Affairs
Friday, September 9, 2016

Chinn awarded fellowship at European Central Bank

Chinn awarded fellowship at European Central Bank

La Follette School faculty member Menzie Chinn served as a Wim Duisenberg fellow at the European Central Bank (ECB) in Frankfurt, Germany, doing research on exchange rate modeling in July and August. His research focused on the determinants of the riskiness of currencies and the factors that best predict exchange rate movements.

Chinn, a professor of public affairs and economics, worked in ECB’s Directorate General/Research, which conducts economic research and provides research-based policy advice and analytical tools to the ECB.

Each year, the ECB awards the fellowships to leading economists in academia, central banks, and institutions. Established in 2006, the fellowship Established in 2006, the fellowship aims at promoting high-quality policy-relevant research, offering ECB research staff exposure to, and experience in, advanced economic research, and giving prominent scholars the opportunity to gain an insight into the ECB’s policy-making environment.

In addition, the Journal of International Money and Finance recently published a paper by Chinn, Joshua Aizenman of the University of Southern California, and Hiro Ito of Portland State University. The authors investigated the influence of the center economies of the United States, Japan, the Eurozone, and China on financial conditions of developing and emerging market countries.

Their study, Monetary Policy Spillovers and the Trilemma in the New Normal: Periphery Country Sensitivity to Core Country Conditions, is in the November 2016 issue. A working paper of the report is on the La Follette School website.