An Interview with William A. Barnett, Fellow at the Johns Hopkins Institute for Applied Economics, Global Health, and the Study of Business Enterprise*

Apostolos Serletis

No 71, Studies in Applied Economics from The Johns Hopkins Institute for Applied Economics, Global Health, and the Study of Business Enterprise

Abstract: Recently, James J. Heckman and I edited two special issues in Bill Barnett’s honor. The Journal of Econometrics special issue appeared in 2014 and the Econometric Reviews special issue in 2015. Those special issues contain contributions by many of the world’s most eminent economists. A conference in honor of his work in monetary aggregation is to be held at the Bank of England on May 23-24, 2017. We agreed to have this interview over dinner at the third annual conference of the Society for Economic Measurement in Thessaloniki, Greece. That dinner took place at Palaios Panteleimonas, a village on Mount Olympus overlooking the Castle of Platamon and the Aegean Sea, about 100 km from Thessaloniki. We were so enthused about the interview proposal that night, we even danced “zebeikiko,” in the spirit of Zorba the Greek. The interview was conducted by email over several months after we returned to North America. I have edited the script for clarity and continuity and slightly rearranged the questions and answers to fit into the following broad topic areas: Work before economics p. 7 Graduate study p. 8 Early Research at the Federal Reserve Board p. 12 Monetary and financial aggregation p. 17 Demand systems and flexible functional forms p. 23 Nonlinear and complex dynamics p. 29 Founding of Journals, Monograph Series, and Societies p. 34 Reflections p. 39 Advice for students p. 42 Selected bibliography p. 44 I hope that you get as much out of this interview with Bill as I did. In case you do not know Bill Barnett, I hope that you meet him in this interview.

Keywords: Divisia monetary aggregates; Minflex Laurent model; Generalized Barnett model; Asymptotically Ideal Model (AIM); bifurcation; chaos and nonlinear dynamics (search for similar items in EconPapers)
Pages: 49 pages
Date: 2017-01
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