George J. Hall's Home Page

George J. Hall

Associate Professor of Economics
Brandeis University

Department of Economics
and International Business School
Brandeis University
P.O. Box 9110
415 South Street
Waltham MA 02454-9110

Sachar International Center, Room 107-122
(781) 736-2242
ghall@brandeis.edu

Introductory Information from the International Business School's main web site (with picture).

RePEc/IDEAS page

Curriculum Vitae

Working Papers

"Simulated Minimum Distance Estimation of a Model of Optimal Commodity Price Speculation with Endogenously Sampled Prices" (with John Rust), July 2003. [postscript file] [pdf file]
This is a substantially revised version of the "Econometric Methods ..." paper.

"Econometric Methods for Endogenously Sampled Time Series: The Case of Commodity Price Speculation in the Steel Market" (with John Rust), revised July 2002. [postscript file] [pdf file]

"A Comparison of Discrete and Parameteric Approximation Methods for Continuous-State Dynamic Programming Problems" (with Hugo Benitez-Silva, Gunter Hitsch, Giorgio Pauletto, and John Rust), October 2000. This paper is preliminary and incomplete.

"An (S,s) Model of Commodity Price Speculation" (with John Rust), November 1999. [postscript file] [pdf file]

Published Papers

"A Dynamic Model of Price Discrimination and Inventory Managment at the Fulton Fish Market" (with Kathryn Graddy), Journal of Economic Behavior and Organization, Vol. 80, No. 1, September 2011, pp. 6-19. [pdf file]

"Interest Rate Risk and Other Determinants of Post WW-II U.S. Government Debt/GDP Dynamics" (with Thomas Sargent), American Economic Journal: Macroeconomics, Vol. 3, No. 3, July 2011, pp. 192-214. [article] [web appendix] [data and Matlab code]

For a non-technical summary, see the Global Finance Brief, "How Will We Pay Down the Bush-Obama Debt? Lessons from the Last 60 Years" Rosenberg Institute of Global Finance, Spring 2010.
A comparison of our interest payment series to the Treasury's is made in "Net interest payments on the federal debt: A flawed measure" (with Thomas Sargent), VOX, February 17, 2010.

"Inventories and the Automobile Market" (with Adam Copeland and Wendy Dunn), RAND Journal of Economics, Vol. 42, No. 1, Spring 2011, pp. 121-149. [pdf file]

"The Response of Prices, Sales, and Output to Temporary Changes in Demand" (with Adam Copeland), Journal of Applied Econometrics , Vol. 26, No. 2, March 2011, pp. 232-269. [pdf file]

"The (S,s) Rule is an Optimal Trading Strategy in a Class of Commodity Price Speculation Problems" (with John Rust), Economic Theory, Vol. 30, No. 3, March 2007, pp. 515-538.[pdf file]

"Exchange Rates and Casualties During the First World War" Journal of Monetary Economics, Vol. 51, No. 8, November 2004, pp. 1711-1742. [pdf file]. Exchange Rates Data Files [pdf file] [ASCII file]

"Middle Men versus Market Makers: A Theory of Competitive Exchange" (with John Rust), Journal of Political Economy, Vol. 111, No. 2, April 2003, pp. 353-403. [pdf file]

"The Tax Smoothing Implications of the Federal Debt Paydown" (with Stefan Krieger), Brookings Papers on Economic Activity, Vol. 31, 2000:2, pp. 253-302.[pdf file]

"Non-Convex Costs and Capital Utilization: A Study of Production Scheduling at Automobile Assembly Plants" Journal of Monetary Economics, Vol. 45, No. 3, August 2000, pp. 681-716.

"An Empirical Model of Inventory Investment by Durable Commodity Intermediaries" (with John Rust),[postscript file] [pdf file] Carnegie-Rochester Conference Series on Public Policy, Vol. 52, No. 1, June 2000, pp. 171-214.

"Accounting for the Federal Government's Cost of Funds" (with Thomas J. Sargent ) Federal Reserve Bank of Chicago Economic Perspectives, July/August 1997, pp. 18-28.

"Overtime, Effort, and the Propagation of Business Cycle Shocks" Journal of Monetary Economics, Vol. 38, No. 1, August 1996, pp. 139-160.

Teaching

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