Revised entry for Kevin Grier prepared for the 4th
Edition of Who’s Who in Economics:
GRIER, Kevin Blaine
Born 1958, Staten Island, NY, USA.
Current Post Prof. Econ., Univ, of Oklahoma, Norman,
OK 1999-.
Past Posts Prof. Econ., Centro de Investigación
y Docencia Economica (CIDE), México, 1997–1999.Ass. Prof. Econ., Assoc.
Prof. Econ., George Mason Univ., 1984–91, 1991–94; Vis. Ass. Prof. Econ.
and Polit. Sc., California Inst. Tech., 1987–88; Res. Assoc., Center for
Study of Public Choice, 1988–94; Prof. Econ. Polit. Econ., Murphy Inst. Polit.
Econ. and Econ. Dept., Tulane Univ., New Orleans, LA, 1994–97.
Degrees BA Cedarville Coll., 1979; MA Miami Univ., Ohio,
1980; PhD Washington Univ., St. Louis, 1984.
Editorial Duties Assoc. Ed., Public Choice, 1991–96; Co-ed.,
SEJ, 1997–2002.
Principal Fields of Interest E5 Monetary Policy, Central
Banking, and the Supply of Money; O4 Economic Growth and Aggregate Productivity;
C5 Econometric Modeling.
Publications Articles: 1. ‘Presidential Politics
and Federal Reserve Independence : an Empirical Test’, Southern Economic
Journal, October 1987 vol. 54; 2. ‘Deficits, Politics and Money Growth’,
Economic Inquiry, April 1987 vol. 25; 3. ‘On the existence of a political
monetary cycle’, Amer. J. Polit. Sc., May 1989 vol. 33; 4. ‘An empirical
analysis of cross-national economic growth’, J Mon E, Sept. 1989 vol. 24;
5. ‘Campaign Spending and Senate Elections, 1978-1984’, Public Choice
December 1989, vol. 63; 6. ‘Congressional influence on US monetary policy:
an empirical test’, J Mon E, Oct. 1991 vol. 28; 7. ‘On the (mis)measurement
of ideology and legislator shirking’, Public Choice, June 1993 vol. 76 ;
8. ‘The effect of money shocks on interest rates in the presence of conditional
heteroskedasticity’, J Fin, Sept. 1993 vol. 48; 9. ‘The determinants of corporate
political activity, 1978–1986’, Amer. Polit. Sc. Rev., Dec. 1994 vol. 88;
10. ‘Electoral politics and the executive veto’, EI, July 1995 vol. 33; 11.
‘Inflation, inflation uncertainty and relative price dispersion: evidence from
bivariate GARCH-M models’, J Mon E, Oct. 1996 vol. 38; 12. ‘Congressional
influence on US monetary policy revisited’, J Mon E, Dec. 1996 vol. 38; 13.
‘Inflation and inflation uncertainty in the G-7 countries’, J. Int. Money Fin.,
Aug. 1998 vol. 17; 14. ‘The Effect of Macroeconomic Fluctuations on the Electoral
Fortunes of House Incumbents’, Journal of Law & Economics April 1998
vol. 41; 15. ‘A Political Model of Monetary Policy with Application to the
Real Rate of Interest’, Journal of Law & Economics. October 1998 vol.
41; 16. ‘The Effects of Uncertainty on Macroeconomic Performance: Bivariate
GARCH Evidence’, Journal of Applied Econometrics, January-February 2000 vol.
15; 17. ‘Political Cycles in Non-Traditional Settings, Theory and Evidence
for Mexico’, Journal of Law & Economics, April 2000 vol. 43; 18. ‘Political
Regime Change and the Real Interest Rate’, Journal of Money, Credit &
Banking, August 2000 vol. 32; 19. ‘Macroeconomic Indicators, Exchange Rate
Regimes, Currency Depreciation and Stock Market Performance in the Crisis
of 1997’, Economic Inquiry, January 2001 vol. 39; 20. ‘Party, Incumbency
and the Effects of Economic Fluctuations on House Elections, 1916-1996’,
Public Choice, January 2002 vol. 110.
Principal Contributions My research largely deals with
quantifiable relations between politics and the macro economy. One strand
of this work (articles 1-3, 6, 12, 15, 17, 18) investigates the effects of
political incentives on macroeconomic policymaking. Here I show that the
Federal Reserve is not independent of politics. Another strand (articles
4, 8, 11, 13, 16, 19) studies the effect of government policies on the economy,
including the effect of government on secular economic growth, the relationship
between money growth and interest rates, and the causes and effects of inflation
uncertainty. Finally I study the power of economic reasoning to explain political
phenomena (articles 5, 7, 9, 10, 14, 20).