George Evans

George W. Evans


University of California,Berkeley, PhD Economics, 1980; M.A., Statistics, 1976

UC Berkeley, B.A., Mathematics, 1974, Phi Beta Kappa

BalliolCollege,OxfordUniversity, B.A., Economics and Politics (P.P.E.), 1972

Academic appointments

Sept. 1994-        : Professor, John B. Hamacher Chair of Economics,UniversityofOregon.

Sept. 2005-        : College of Arts and Sciences Distinguished Professor.

Oct.   2007-        : Part-year SIRE Professor of Economics and Finance,University of St.Andrews,Scotland.

Publications related to this theme

“Expectational Stability and the Multiple Equilibria Problem in Linear Rational Expectations Models,” Quarterly Journal of Economics, Vol. 100, 1985, pp. 1217-1234.

“Bottlenecks and the Phillips Curve: A Disaggregated Keynesian Model of Inflation, Output and Unemployment,” Economic Journal, Vol. 95, June 1985, pp. 345-357.

“A Complete Characterization of ARMA Solutions to Linear Rational Expectations Models” (with Seppo Honkapohja), Review of Economic Studies, Vol. 53, 1986, pp. 227-239.

“Selection Criteria for Models with Non-uniqueness”, Journal of Monetary Economics, September 1986, Vol. 18, No. 2, pp. 147-157.

“A Test for Speculative Bubbles in the Sterling-Dollar Exchange Rate: 1981-84″, American Economic Review, 1986, Vol. 76, pp. 621-636.

“Pitfalls in Testing for Explosive Bubbles in Asset Prices,” American Economic Review, vol. 81, September 1991, pp. 922-930.

“On the Robustness of Bubbles in Linear RE Models” (with Seppo Honkapohja), International Economic Review, vol. 33, no. 1, February 1992, pp. 1-14.

“Expectation Calculation and Macroeconomic Dynamics” (with Garey Ramey), American Economic Review, vol. 82, no. 1, March 1992, pp. 207-224.

“Rationalizability, Strong Rationality and Expectational Stability” (withRoger Guesnerie), Games and Economic Behavior, Vol. 5, 1993, pp. 632-646. “Information, Forecasts and Measurement of the Business Cycle” (with Lucrezia Reichlin), Journal of Monetary Economics, Vol. 33, 1994, pp. 233-254.

“On the Stability of Sunspot Equilibria under Adaptive Learning Rules” (with Seppo Honkapohja), Journal of Economic Theory, Vol. 64, 1994, pp. 142-161.

“Economic Dynamics with Learning: New Stability Results” (with Seppo Honkapohja), Review of Economic Studies, Vol. 65, Jan. 1998, pp. 23-44.

“Growth Cycles” (with Seppo Honkapohja and Paul Romer), American Economic Review, Vol. 88, No. 3, June 1998, pp. 495-515.

“Existence of Adaptively Stable Sunspot Equilibria near an Indeterminate Steady State” (with Seppo Honkapohja), Journal of Economic Theory, Vol. 111, 2003, 125-134.

“Expectations and the Stability Problem for Optimal Monetary Policies” (with Seppo Honkapohja), Review of Economic Studies, Vol. 70, October 2003, 807-824.

“Coordination on Saddle Path Solutions: the Eductive Viewpoint – linear multivariate models” (withRoger Guesnerie), Journal of Economic Theory, Vol. 124, 2005, 202-229.

“Intrinsic Heterogeneity in Expectation Formation” (with William A. Branch), Journal of Economic Theory. Vol. 127, 2006, 264-295.

“Adaptive Expectations, Underparameterization and the Lucas Critique” (with Garey Ramey), Journal of Monetary Economics, Vol. 53, 2006, 249-264.

“Stable Sunspot Equilibria in a Cash-in-Advance Economy” (with Seppo Honkapohja and Ramon Marimon), The B. E. Journal of Macroeconomics, Vol. 7, (Advances), 2007.

“Can Perpetual Learning Explain the Forward Premium Puzzle?” (with Avik Chakraborty), Journal of Monetary Economics, Vol. 55, 2008, 477 – 490.

“Monetary Policy, Judgment and Near-Rational Exuberance” (with James Bullard and Seppo Honkapohja), American Economic Review, Vol. 98, 2008, 1163 – 1177.

“Liquidity Traps, Learning and Stagnation,” (with Eran Guse and Seppo Honkapohja), European Economic Review, Vol. 52, 2008, 1438 – 1463.

“Anticipated Fiscal Policy and Adaptive Learning” (withS. Honkapohjaand K. Mitra), Journal of Monetary Economics, Vol. 56, 2009, 930-953.

“Generalized Stochastic Gradient Learning” (with Seppo Honkapohja and Noah Williams), International Economic Review, Vol. 51, 2010, 237-262.

“Learning about Risk and Return: A Simple Model of Bubbles and Crashes” (with William Branch), forthcoming American Economic Journal: Macroeconomics.