Laurence M. Ball
   HOME

TheInfoList



OR:

Laurence M. Ball (born March 19, 1959) is an American economist, Professor and Chairman of the Economics Department at the
Zanvyl Krieger School of Arts and Sciences The Zanvyl Krieger School of Arts & Sciences is an academic division of the Johns Hopkins University, a private research university in Baltimore, Maryland. The school is located on the university's Homewood campus. It is the core of Johns Hopkin ...
of
Johns Hopkins University Johns Hopkins University (Johns Hopkins, Hopkins, or JHU) is a private research university in Baltimore, Maryland. Founded in 1876, Johns Hopkins is the oldest research university in the United States and in the western hemisphere. It consi ...
in
Baltimore, Maryland Baltimore ( , locally: or ) is the List of municipalities in Maryland, most populous city in the U.S. state of Maryland, fourth most populous city in the Mid-Atlantic (United States), Mid-Atlantic, and List of United States cities by popula ...
. He is a specialist in the field of macroeconomics .Laurence M. Ball, CV (January 2021)
Johns Hopkins University website
Archive copy (February 20, 2022)


Education and career

Born in Boston, Massachusetts, he attended Groveton High School in Fairfax County, Virginia and received a Bachelor of Arts degree in economics in 1980 from Amherst College, then a Doctor of Economics degree in 1986 from the
Massachusetts Institute of Technology The Massachusetts Institute of Technology (MIT) is a private land-grant research university in Cambridge, Massachusetts. Established in 1861, MIT has played a key role in the development of modern technology and science, and is one of the ...
, where he was the recipient of graduate fellowships from the
National Science Foundation The National Science Foundation (NSF) is an independent agency of the United States government that supports fundamental research and education in all the non-medical fields of science and engineering. Its medical counterpart is the National ...
(1981–1982, 1983–1985). He was assistant professor of economics at the Graduate School of Business Administration at
New York University New York University (NYU) is a private research university in New York City. Chartered in 1831 by the New York State Legislature, NYU was founded by a group of New Yorkers led by then- Secretary of the Treasury Albert Gallatin. In 1832, th ...
from 1985 to 1989 and assistant professor of economics at
Princeton University Princeton University is a private research university in Princeton, New Jersey. Founded in 1746 in Elizabeth as the College of New Jersey, Princeton is the fourth-oldest institution of higher education in the United States and one of the ...
from 1989 to 1994. He was appointed professor of economics at Johns Hopkins University in 1994 and was department chairman from 2015 to 2019. He was Professorial Fellow in Monetary Economics,
Victoria University of Wellington Victoria University of Wellington ( mi, Te Herenga Waka) is a university in Wellington, New Zealand. It was established in 1897 by Act of Parliament, and was a constituent college of the University of New Zealand. The university is well kno ...
and
Reserve Bank of New Zealand The Reserve Bank of New Zealand (RBNZ, mi, Te Pūtea Matua) is the central bank of New Zealand. It was established in 1934 and is constituted under the Reserve Bank of New Zealand Act 1989. The governor of the Reserve Bank is responsible for N ...
in 1996 and a visiting professor of economics at
Harvard University Harvard University is a private Ivy League research university in Cambridge, Massachusetts. Founded in 1636 as Harvard College and named for its first benefactor, the Puritan clergyman John Harvard, it is the oldest institution of high ...
in the autumn of 2008. He received a Houblon-
Norman Norman or Normans may refer to: Ethnic and cultural identity * The Normans, a people partly descended from Norse Vikings who settled in the territory of Normandy in France in the 10th and 11th centuries ** People or things connected with the Norm ...
Fellowship from the Bank of England in 2000–2001 and a
Wim Duisenberg Willem Frederik "Wim" Duisenberg (; 9 July 1935 – 31 July 2005) was a Dutch politician and economist who served as President of the European Central Bank from 1 June 1998 until 31 October 2003. He was a member of the Labour Party (PvdA). Du ...
Fellowship from the
European Central Bank The European Central Bank (ECB) is the prime component of the monetary Eurosystem and the European System of Central Banks (ESCB) as well as one of seven institutions of the European Union. It is one of the world's most important centr ...
in 2019. He has been a visiting scholar at reserve banks in numerous countries, including the
Federal Reserve Bank of Philadelphia The Federal Reserve Bank of Philadelphia — also known as the Philadelphia Fed or the Philly Fed — headquartered at 10 Independence Mall in Philadelphia, Pennsylvania, is responsible for the Third District of the Federal Reserve, which covers ...
(1991–1993), the
Bank of Italy The Bank of Italy ( Italian: ''Banca d'Italia'', informally referred to as ''Bankitalia''), (), is the central bank of Italy and part of the European System of Central Banks. It is located in Palazzo Koch, via Nazionale, Rome. The bank's cur ...
(1993), the US
Federal Reserve Board of Governors The Board of Governors of the Federal Reserve System, commonly known as the Federal Reserve Board, is the main governing body of the Federal Reserve System. It is charged with overseeing the Federal Reserve Banks and with helping implement the m ...
(1993, 1996, 1999, 2008), the
Federal Reserve Bank of Kansas City The Federal Reserve Bank of Kansas City is located in Kansas City, Missouri and covers the 10th District of the Federal Reserve, which includes Colorado, Kansas, Nebraska, Oklahoma, Wyoming, and portions of western Missouri and northern New Mex ...
(1995–2000), the
Reserve Bank of Australia The Reserve Bank of Australia (RBA) is Australia's central bank and banknote issuing authority. It has had this role since 14 January 1960, when the ''Reserve Bank Act 1959'' removed the central banking functions from the Commonwealth Bank. Th ...
(1996–1997), the Central Bank of Norway (1999), the Bank of Japan (2002), the Hong Kong Monetary Authority (2001–2002), and the Federal Reserve Bank of Boston (2009). Ball is a research associate at the
National Bureau of Economic Research The National Bureau of Economic Research (NBER) is an American private nonprofit research organization "committed to undertaking and disseminating unbiased economic research among public policymakers, business professionals, and the academic c ...
, an Honorary Senior Fellow at the
Rimini Rimini ( , ; rgn, Rémin; la, Ariminum) is a city in the Emilia-Romagna region of northern Italy and capital city of the Province of Rimini. It sprawls along the Adriatic Sea, on the coast between the rivers Marecchia (the ancient ''Ariminu ...
Centre for Economic Analysis, a visiting scholar in the Research Department of the
International Monetary Fund The International Monetary Fund (IMF) is a major financial agency of the United Nations, and an international financial institution, headquartered in Washington, D.C., consisting of 190 countries. Its stated mission is "working to foster glo ...
, and an Honorary Senior Fellow of the International Centre for Economic Analysis.


Works

He became an associate editor for the magazine ''Open Economies Review'' in 2009, has authored 4 books and more than 50 articles and papers on economics. His 2010 book ''The Fed and Lehman Brothers: Setting the Record Straight on a Financial Disaster'' was harshly critical of the Federal Reserve and its role in the collapse of
Lehman Brothers Lehman Brothers Holdings Inc. ( ) was an American global financial services firm founded in 1847. Before filing for bankruptcy in 2008, Lehman was the fourth-largest investment bank in the United States (behind Goldman Sachs, Morgan Stanley, a ...
during the economic crisis of 2008. His current research is focused on the long term effects of the
Great Recession The Great Recession was a period of marked general decline, i.e. a recession, observed in national economies globally that occurred from late 2007 into 2009. The scale and timing of the recession varied from country to country (see map). At ...
and the case being made for raising central banks inflation targets to four percent.


Publications

*Ball, Laurence M. ''The Fed and Lehman Brothers: Setting the Record Straight on a Financial Disaster''. Cambridge, United Kingdom: Cambridge University Press, 2018. *Ball, Laurence M. ''Money, Banking, and Financial Markets''. New York, NY: Worth Publishers, 2012. **Chinese translation by Jing Liu, and Yuan He. Bao'er huo bi jin rong xue. Beijing: Zhongguo ren min da xue chu ban she, 2012.


Most cited articles


References

{{DEFAULTSORT:Ball, Laurence M. 1959 births Living people Writers from Boston 20th-century American economists Amherst College alumni Massachusetts Institute of Technology alumni Johns Hopkins University faculty Princeton University faculty Macroeconomists 21st-century American economists