Robert R. Reed III

 

Assistant Professor

Department of Economics, Finance, and Legal Studies

University of Alabama

 

Ph.D., 1998 Pennsylvania State University

 

Contact Information:

 

266 Alston Hall

Department of Economics, Finance, and Legal Studies

Culverhouse College of Business

University of Alabama

Tuscaloosa, Alabama 35487

 

Email: rreed@cba.ua.edu

Phone: (205) 348-8667

Fax: (205) 348-0590

 

Vita

 

Course Information:

 

Economics 309 (Intermediate Macroeconomic Theory)

 

Economics 416 (Monetary Theory and Policy)

Finance 416 (Monetary Theory and Policy)

Economics 516 (Monetary Theory and Policy)

Finance 516 (Monetary Theory and Policy)

 

Economics 611 (Advanced Macroeconomic Theory)

 

Economics 616 (Graduate Seminar on Monetary Economics, Spring 2009)

 

Materials for Monetary Theory and Policy, Spring 2008

 

Multiple Choice Questions from FOMC Presentations

 

Quiz 4

 

Practice Exam #2

 

Summary of FOMC Reports, including Policy Recommendation

 

Extra Office Hours and Review Session During Finals Week:

 

Wednesday: Office Hours, 3-5 p.m.

Thursday: Office Hours, 1-3 p.m., Review Session from 3:00 - 4:00 in Bidgood Room 115

 

The final exam is scheduled for Friday morning from 8:00 - 10:30 a.m. in our regular classroom

 

Recent/Working Papers:

 

A. Monetary Theory/Policy

 

1. The Phillips Curve

 

Phillips Curves, Monetary Policy, and a Labor Market Transmission Mechanism (with Stacey Schreft, The Mutual Fund Research Center)

 

Does Job Destruction Matter for Monetary Policy? (with Stacey Schreft, The Mutual Fund Research Center)

 

2. Secured Credit and Money

 

Default Risk and Collateral in the Absence of Commitment (with Dave Mills, Board of Governors)

 

3. Stock Market Activity

 

The Cost of Capital, Asset Prices, and the Effects of Monetary Policy (with Edgar Ghossoub, University of Texas at San Antonio)

 

The Stock Market, Monetary Policy, and Economic Development (with E. Ghossoub, University of Texas at San Antonio)

 

4. The Competitive Structure of the Banking Industry

 

The Role of Financial Sector Competition for Monetary Policy (with E. Ghossoub and Thanarak Laosuthi, Kasetstart University, Thailand)

 

Banking Competition, Credit Market Activity, and the Effects of Monetary Policy (with T. Laosuthi, Kasetstart University, Thailand)

 

5. The Payments System

 

Imperfect Competition, Electronic Transactions, and the Effects of Monetary Policy (with T. Laosuthi, Kasetstart University, Thailand)

 

6. Economic Development

 

Liquidity Risk, Economic Development, and the Effects of Monetary Policy (with E. Ghossoub)

 

Economic Development and the Welfare Costs of Inflation (with E. Ghossoub)

 

B. Human Capital and Economic Development

 

Regional External Economies and Economic Growth under Asymmetry (with Dmytro Holod, State University of New York at Stony Brook)

 

Social Capital, Schooling, and Labor Market Outcomes (with Jen-Ruey Tsaur, National Central University, Taiwan)

 

The Importance of Non-cognitive Skills: Observations from Asian Educational Systems (with J. Tsaur, National Central University, Taiwan)