THEO S. EICHER
Contact Information
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Professor and Robert R.
Richards Distinguished Scholar |
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Department of Economics |
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M235 Savery Hall Box
353330 |
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University of
Washington |
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Seattle WA 98195
USA |
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Fax: 206 685 8082 |
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Web:
http://faculty.washington.edu/te/ |
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Email:
te@u.washington.edu |
Academic Positions
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2006- |
Professor, Department of Economics, University of Washington |
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2004- |
Robert R. Richards Distinguished Scholar, University of Washington |
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2003- |
Director, Economic Policy Research Center, University of Washington |
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2003- |
Research Professor, Ifo Institute for Economic Research at the Ludwig-Maximilians-Universität München |
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2000- |
Research Fellow, CESifo, Center for Economic Studies, Munich |
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2004- |
Research Fellow, IZA Institute for the Study of Labor, Bonn |
Previous Positions
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2003-4 |
Mercator Research Professor, German Science Foundation (DFG), Ludwig-Maximilians-Universität München |
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2000-06 |
Associate Professor, Dept. of Economics, University of Washington |
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1994-00 |
Assistant Professor, Dept. of Economics, University of Washington |
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1992-4 |
Preceptor, Dept. of Economics Columbia University |
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1992 |
Instructor, Dept. of Economics Barnard College, Columbia University |
Visiting Positions
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2008 |
Visiting Professor,
University of Leipzig, (April) |
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2007 |
Visiting Scholar, IMF
Research Department, (April) |
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2006 |
Visiting Professor, Institute
of Advanced Studies, Vienna, (September) |
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2004 |
Visiting Scholar, IZA Institute, Bonn University, (September) |
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2004 |
Visiting Professor, Barcelona University, (April) |
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2004 |
Visiting Professor, Technical University Zurich (ETH), (January) |
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2002 |
Visiting Professor, GREQAM, University Aix-Marseille (June) |
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2000, 1 |
Visiting Professor, Eberhard-Karls-Universität, Tübingen (February) |
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2000-07 |
Visiting Scholar, Center for Economic Studies (CES) Ludwig-Maximilians-Universität München (June/July) |
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1999 |
Visiting Scholar, Nuffield College, Oxford University (Winter) |
Education
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1994 |
PhD, Economics, Columbia University, New York, NY |
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1993 |
MPhil, Economics, Columbia University, New York, NY |
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1991 |
MA, Economics, Columbia University, New York, NY |
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1989 |
Diplom Studiengang, Economics (VWL), Freie Univ. Berlin, Germany |
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1988 |
BA, Chinese Studies, Economics, Grinnell College, Grinnell, IA |
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1987 |
Language Certificate, Chinese, Nanjing University, Peoples Republic of China |
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1985 |
Abitur, Gymnasium Dormagen, Germany |
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1983 |
Phillips Academy, Andover, MA |
Dissertation
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1994 |
Endogenous Human Capital and Technological Change in Closed and Open Economies. |
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Dissertation Committee: Robert Mundell (Chair), Ronald Findlay, Duncan Foley, Richard Clarida, Andre Burgstaller |
Honors/Awards / Grants
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2006 |
German Science Foundation
Research Grant "Determinants of German Productivity" |
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2006 |
Center for Statistics
and the Social Science Grant "Bayesian Model Averaging, Priors and
Growth" |
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2004 |
German Science Foundation (DFG) Mercator Research Professorship |
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2003 |
Royalty Research Fund Grant “Financial Crises” |
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2003 |
Outstanding Teaching Award, Golden Key International Honor Society |
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2003 |
Honorary Member, Golden Key International Honor Society |
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2002 |
University of Washington, Gowan Faculty Grant |
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2002 |
European-Union-Center Research Award "Institutions and Growth” |
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2001 |
European-Union-Center Conference Grant "Inequality and Growth" |
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1999 |
Alexander von Humboldt Foundation Research Fellowship |
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1998 |
University of Washington Buechel Undergraduate Teaching Award |
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1997 |
University of Washington Mentoring Award |
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1997 |
Royalty Research Fund Grant “Trade and Wages” |
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1994 |
Ph.D. awarded with Distinction, Columbia University |
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1991-2 |
Lynde and Harry Bradley Foundation Fellow, Columbia University |
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1989-92 |
Presidents Fellow, Columbia University |
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1985-88 |
ISO Fellowship, Grinnell College |
Research Interests
Trade, Development and Growth, Macroeconomics
Editorial Activities
2007- Editorial Board, Journal of Macroeconomics
2007- Associate Editor, European Economic Review
2007 Guest Editor, German Economic Review (May)
Publications
Books
Inequality and Growth: Theory and Policy Implications,
Cambridge: MIT Press, 2003
(with Stephen Turnovsky)
Institutions, Development and
Growth,
Cambridge: MIT Press, 2006
(with Cecilia García-Peñalosa)
Growth
and Productivity in Germany: A Comparative Analysis
Cheltenham: Edward Elgar Publishing, forthcoming.
(with Thomas Strobel)
Journals
"Education, Technological Change and Economic Growth,"
Inter-American Review of Educational Development, No 119, III (1994): 461-81
(with Thomas Bailey)
"Interaction between Endogenous Human Capital and Technological Change,"
Review of Economic Studies vol. 63 (1) no 214, (January 1996):127-44.
"The Human Capital Dimension to Direct Foreign Investment,"
in Trade, Dynamics and Growth, B. Jensen and K.Y. Wong eds, Michigan University Press, 1997.
(with Pantelis Kalaitzidakis).
“Risk and Financial Development,"
in Managing Capital Flows and Exchange Rates Reuven Glick (ed), Cambridge University Press, 1998.
(with Steve Turnovsky).
"Training, Adverse Selection and Appropriate Technology"
Journal of Economic Dynamics and Control, 23, (April 1999):727-746.
"International Capital Markets and Non Scale Growth,"
Review of International Economics, 7, (May 1999):1-27.
(with Steve Turnovsky)
"Trade, Development and Converging Growth Rates: Dynamic Gains from Trade Reconsidered,"
Journal of International Economics, 48, (June 1999): 179-198.
"A Generalized Model of Economic Growth,"
Economic Journal, 109, (July 1999):394-415.
(with Steve Turnovsky).
"Convergence in a Two Sector Non-Scale Growth Model,"
Journal of Economic Growth, 4, (December 1999):413-429.
(with Steve Turnovsky).
"Optimal Policies for Financial Liberalizations,"
German Economic Review, 1, (February 2000):19-42.
(with Steve Turnovsky and Uwe Walz)
"Scale, Congestion and Growth,"
Economica, 67, (August 2000):325-47.
(with Steve Turnovsky).
"Transition Dynamics in Non Scale Models,"
Journal of Economic Dynamics and Control, Vol 25, (2001):85-113.
(with Steve Turnovsky).
"Financial Liberalization and Capital Flow Reversal,”
Economic Review Vol.52, No.4, (October 2001).
(with Steve Turnovsky and Uwe Walz)
"Inequality and Growth: The Dual Role of Human Capital in Development,"
Journal of Development Economics, Vol 66, (2001): 173-97.
(with Cecilia García-Peñalosa )
"Protection for Sale: An Empirical Investigation: A Comment,"
American Economic Review, Vol 92, No 5 (2002): 1702-11.
(with Thomas Osang)
“The Impact of Tax Policy on Inequality and Growth: An Empirical and Theoretical Investigation,”
in Inequality and Growth: Theory and Policy Implications, T.S. Eicher & S.J. Turnovsky eds., Cambridge: MIT Press. 2003.
(with Stephen Turnovsky and Carme Riera Prunera)
"On the Mechanics of Technical Change: New and Old Ideas in Economic Growth,"
in Old and New Growth Theories. An Assessment, Neri Salvadori ed., NY, Edward Elgar Publishing, 2003
“Market Structure and Innovation Revisited: Endogenous Productivity, Training and Market Shares,”
in Human Capital, Trade And Public Policy In Rapidly Growing Economies, M. Boldrin, B.L. Chen and P. Wang (eds) NY, Edward Elgar, 2004.
(with Sang Choon Kim)
”Political Support or Contributions: An Empirical Investigation of US Trade Policy,”
in WTO and World Trade: Challenges in a New Era, G. Heiduk and K.Y. Wong eds. Berlin, Springer Verlag 2004
(with Thomas Osang)
”Financial Liberalization, Openness and Convergence,”
Journal of International Trade and Economic Development Vol 13 (2005):4 443–459.
(with Leslie Hull)
"How Do Institutions Lead Some Countries To Produce So Much More Output Per Worker Than Others?”
in “Institutions for Development and Growth” T.S. Eicher and C. García-Peñalosa (eds) MIT Press 2006.
(with Cecilia García-Peñalosa and Utku Teksoz)
”FDI, Exports or Acquisition: Optimal Entry Modes for Multinational Corporations,”
Journal of Development Economics, Vol 77, 1, (June 2005):207-228. Reprinted in Multinational Enterprise Theory, Volume II, J. A.
Krug, J. D.
Daniels eds, Sage Press
(2008)
(with Jong Woo Kang)
"Sources of the German Productivity Demise,"
German Economic Review, 8, (May 2007): 211–236
(with Oliver Roehn)
Journal for Institutional Comparisons Vol 5, 1, (2007), pp. 39-49
(with Oliver Roehn)
"Gross Output vs. Value Added German Productivity Growth,"
in G. Cette, M. Fouquin and H.-W. Sinn eds, Divergences in Productivity Between Europe and the United States, Edward Elgar, Cheltenham, 2007.
(with Thomas Fuchs and Hans-Guenther Vieweg)
"Unraveling the Fortunes of the Fortunate: An Iterative Bayesian Model Averaging (IBMA) Approach,"
Journal of Macroeconomics, 29, 3, September 2007, Pages 494-514
(with Chris Papageorgiou and Oliver Roehn)
"Endogenous Strength of
Intellectual Property Rights: Implications for Economic Development and
Growth,"
European Economic Review, Vol 52,
2, (February 2008), pp. 237-58
(with
Cecilia García-Peñalosa)
"Dynamic Effects of Terms of Trade Shocks: The Impact on Debt and Growth,"
Journal of International Money and Finance, forthcoming,
(with Stefan Schubert and Steve Turnovsky)
"Institutions and Economic Performance: Endogeneity and Parameter Heterogeneity,"
Journal of Money Credit and Banking, forthcoming
(with
Andreas Leukert)
"In Search of a Sulphur Dioxide Environmental Kuznets Curve: A Bayesian Model Averaging Approach,"
Environment and Development Economics, forthcoming
(with Jeff Begun)
"The Rise and Fall of German Productivity: Software Investment as the Decisive Driver,"
Cesifo Economic Studies, forthcoming.
(with Thomas Strobel)
Contributions to Books (not refereed)
"The North American Free Trade Agreement and the U.S. Apparel Industry,"
in U.S.-Mexico Trade: Pulling Together or Pulling Apart?, US Congress,
Office of Technological Assessment, ITE-545 (Washington DC, GPO: October 1992).
(with Thomas Bailey).
"Comments On The Management of Financial Crisis,"
in The World’s New Financial Landscape: Challenges for Economic Policy, H. Siebert ed.,
Springer Verlag, Heidelberg, 2001.
"Guest Editorial: Special Issue on Productivity Growth"
German Economic Review, 8, (May 2007): 123-4
Book Reviews
"Review of D. Jorgenson, `Productivity’"
Review of International Economics, (May 1998)
Current Research/Working Papers (link to my WP Web Page)
Invited Presentations
Keynote/Plenary
Lectures
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Keynote Speaker, Sustainable
Resource Use and Economic Dynamics Conference, University of
Zurich (2006) |
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Keynote Speaker, Economic
Growth and Institutions Conference, University of Copenhagen (2005) |
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Keynote Speaker, Structural Change and Labor Markets Conference, IZA University of Bonn (2005) |
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Plenary Lecture, Pisa University (October 2001). Old and New Growth Theories (2001) |
Lectures Series
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Institute of Advanced
Studies, Vienna, (September 2006). Innovation and Growth |
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Ludwig Maximilians
Universität, München (May 2006). Advanced Topics in Economics
Growth: Model Selection |
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Universitat de Barcelona,
(April 2004) Institutions and Growth |
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Technical University Zurich (ETH), (January 2004). Endogenous Institution |
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CESifo Institute, Ludwig Maximilians Universität, München (January 2000). Endogenous Growth Theory |
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Graduiertenkolleg, Eberhard-Karls-Universität, Tübingen (February 2000). Non-Scale Growth |
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Graduiertenkolleg, Eberhard-Karls-Universität, Tübingen (May 2001). Empirics of Commercial Policy |
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CESifo Institute, Ludwig Maximilians Universität, München (December 2001). Endogenous Tariff Protection |
Conferences Organized
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Determinants of
Productivity Growth (Vienna,
September 2006) |
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Education and the
21st Century Workforce (Seattle,
July 2005, co-organizer) |
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Intellectual
Property Rights and Innovation (Seattle,
February 2005, co-organizer) |
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Institutions and
Growth (Venice July 2004,
co-organizer) |
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Growth and Inequality (Munich, May 2001, co-organizer) |
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Old and New Growth Theories (Pisa, October 2001, scientific committee) |
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Growth and Inequality Policy Implications (Elmau, January 2002, co-organizer) |
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WTO and World Trade III (Duisburg, June 2002, program committee) |
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WTO and World Trade IV (Seattle, September 2002, program committee) |
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Society for Computational Economics Annual Meeting (Seattle, July 2003, program co-chair) |
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Institutions and Growth, (Venice, Cesifo Summer Institute July 2004, program co-chair) |
Conference Sessions Organized
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EDSIG Sessions on Trade
and Growth at the Conference of the Society for Computational Economics, (Cambridge,
UK, July 1998) |
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AEA Session on Technology, Infrastructure and Credit in Development, (New York, 1999) |
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EDSIG Sessions on Trade and Growth at the Conference of the Society for Computational Economics, (Boston University, July 1999) |
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Sessions on Trade and Convergence at the Conference of the Society for Computational Economics, (Aix En Province, June 2002) |
Referee Activity
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American Economic Review,
Canadian Journal of Economics, Economic Inquiry, Econometrica, Economica,
Economic Journal, European Economic Review, German Economic Review,
International Economic Review, International Review of
Economics/Metroeconomica, Japanese Economic Review, Journal of Development
Economics, Journal of Economic Behavior and Organization, Journal of Economic
Dynamics and Control, Journal of Economic Growth, Journal of Economic
Integration, Journal of Economics, Journal of Empirical Economics, Journal of
International Economics, Journal of International Money and Finance, Journal
of International Trade and Economic Development, Journal of Macroeconomics,
Journal of Macroeconomic Dynamics, Journal of Public Economics, Journal of
Political Economy, Louvain Economic Review, National Science Foundation,
Oxford Economic Papers, Review of Economic Studies, Review of International
Economics, Royalty Research Fund, Southern Economic Journal, Verein Für
Sozialpolitik. |
Teaching Experience
Undergraduate: International Trade; Introduction, Intermediate,
International Macroeconomics; Topics in Economic Growth;
Graduate: Trade Theory; Commercial Policy; Advanced Growth
Theory.
“State of the Washington Economy”
Testimony to the Washington State Legislature, January 2005
“Washington’s Agricultural Employment”
Brief to the Washington Legislature, January 2005
Editorial, Seattle Times August 11, 2005
"State Employment: An Examination of the Data with Focus on Higher Education"
Editorial August 2005
"Determinants of Washington's 21st Century Work Force and Economy"
Washington Legislative Briefing November 2005
"Something for Nothing, or: The Effect of Bachelor Degrees on WA State Income"
Editorial February 2006
”The Social and External Benefits to Education”
Testimony to Governor Gregoire Steering Committee of Washington Learns June 6, 2006
”State Must Invest Today to Capture Future Trade”
Washington Business Magazine March 2007