The National University of Singapore (NUS) and the Monetary Authority of Singapore (MAS) have jointly appointed American economist Professor Charles Engel, internationally recognised for his research on exchange rates, as the MAS Term Professor in Economics and Finance from 16 to 20 January 2017, the 13 January joint press release from NUS and MAS announced.
Professor Engel will be hosted by the NUS Faculty of Arts and Social Sciences’ Department of Economics, and the Economic Policy Group at the MAS during the term of the Professorship.
Professor Charles Engel is the Donald Hester Professor of Economics at the University of Wisconsin-Madison. He has been a Visiting Scholar at the Federal Reserve Board, the International Monetary Fund, the European Central Bank, the BIS, and central banks in several countries including the UK, France, the Netherlands, Hong Kong, Singapore, Serbia, Uruguay and Chile. He is also a regular Visiting Scholar at the Federal Reserve Banks of San Francisco, Philadelphia, and Dallas.
Professor Engel’s research interests span a broad range of topics in the fields of open economy macroeconomics and international finance. He has published numerous articles in the American Economic Review, the Journal of Political Economy, the Review of Economic Studies, the Journal of International Economics, and the Journal of Monetary Economics, amongst many other journals.
Since 2001, he has been Editor of the Journal of International Economics, the leading academic journal in the field of international economics.
Professor Robbie Goh, Dean, NUS Faculty of Arts and Social Sciences, said, “NUS is delighted to welcome Professor Charles Engel, a world-renowned expert on monetary policy and international finance. In addition to the impact of his scholarly publications, he also has a great deal of policy experience in a wide range of international contexts. We look forward to facilitating the sharing of his work and ideas with the scholarly community, policymakers and members of the public here.”
Mr Edward Robinson, Assistant Managing Director (Economic Policy) and Chief Economist at MAS, said, “Professor Engel has researched extensively on exchange rates — an area of direct relevance for a small open economy like Singapore — during an illustrious research, teaching and consulting career. He continues to make important contributions at the forefront of the field, addressing some of the deep puzzles in the economics of exchange rates, including the interaction of currency movements with domestic prices and interest rates. We are honoured that he is visiting MAS to share his many insights and will benefit tremendously from the wisdom of his experience.”
Professor Engel will deliver a public lecture at NUS on 19 January 2017 on the analytical considerations behind a country’s management of its currency. He will present a research seminar on his ongoing work pertaining to the effects of sectoral productivity performances on the real exchange rate.
In addition, Professor Engel will hold dialogue sessions with NUS students and faculty members to discuss his latest scholarly findings and advise PhD students on their research.
At MAS, Professor Engel will engage senior policymakers and economists on macroeconomic and exchange rate issues.
The MAS Term Professorship in Economics and Finance
First established in 2009, the MAS Term Professorship in Economics and Finance is awarded to distinguished scholars, who are appointed as Visiting Professors at both the NUS Business School and the Department of Economics at the NUS Faculty of Arts and Social Sciences. It aims to strengthen Singapore’s financial and economics research infrastructure and contribute to a vibrant research community and culture at local universities.
The MAS Term Professorship in Economics and Finance has been awarded to 14 distinguished scholars over the last eight years.