Faculty Profile

		Richard C.K. Burdekin, Ph.D. Jonathan B. Lovelace Professor of Economics E-mail: richard.burdekin@claremontmckenna.edu Phone: (909) 607-2884 Campus Address: Bauer Center 317 Departments: Robert Day School of Economics and Finance Curriculum Vitae
		Leave/Sabbatical Spring (on leave or sabbatical for Spring term)

Educational Background

B.A., University of Warwick, England; M.Sc., University of Bristol, England; M.A., Ph.D., University of Houston

Teaching Interests

• Macroeconomics
• Money and Banking
• Money and Finance

Research Interests

• Chinese economic reforms
• Central bank policymaking
• Financial markets
• Inflation and deflation
• Sports economics

Selected Professional Activities

• Editorial Board Member, Economic Systems, 2008-
• Editorial Board Member, The Open Economics Journal, 2008-
• Visiting Senior Fellow, East-West Center, Honolulu, Hawaii, August 2005

Selected Research and Publications

• "China's Monetary Challenges: Past Experiences and Future Prospects," Cambridge University Press, 2008.
• "Sentiment Effects on Chinese Share Prices and Savings Deposits: The Post-2003 Experience" (with Luke Redfern), China Economic Review, Vol. 20, No. 2 (June 2009), 246-261.
• "Macroeconomic Interdependence between Mainland China and Taiwan: A Cross-Strait Perspective on Globalization" (with Hsin-hui I. H. Whited), The Chinese Economy, Vol. 42, No. 1 (January-February 2009), 5-39.
• "Market Sentiment and the Draining of China's Savings Deposits" (with Luke Redfern), Economics Letters, Vol. 102, No. 1 (January 2009), 27-29.
• "US ADR and Hong Kong H-Share Discounts of Shanghai-Listed Firms," (with Gregory C. Arquette and William O. Brown, Jr.), Journal of Banking and Finance, Vol. 32, No. 9 (September 2008), pp. 1916-1927.
• "What Has Driven Chinese Monetary Policy Since 1990? Investigating the People’s Bank’s Policy Rule," (with Pierre L. Siklos), Journal of International Money and Finance, Vol. 27, No. 5 (September 2008), pp. 847-859.
• "Financial Market Reactions to the Overthrow and Annexation of the Hawaiian Kingdom: Evidence from London, Honolulu and New York," (woth Leroy O. Laney), Cliometrica, Vol. 2, No. 2 (July 2008), pp. 119-141.
• "US Pressure on China: Silver Flows, Deflation, and the 1934 Shanghai Credit Crunch," China Economic Review, Vol. 19, No. 2 (June 2008, pp. 170-182.
• Currency Boards vs. Dollarization: Lessons from the Cook Islands Experience," Cato Journal, Vol. 28, No. 1 (Winter 2008), pp. 101-115.
• "Can Interest-Bearing Money Circulate? A Small-Denomination Arkansan Experiment, 1861-1863," (with Marc D. Weidenmier), Journal of Money, Credit, and Banking, Vol. 40, No. 1 (February 2008), pp. 233-241.
• "Bondholder Gains from the Annexation of Texas and Implications of the US Bailout," Explorations in Economic History, Vol. 43, No. 4 (October 2006), pp. 646-666.
• Volatility in an Era of Reduced Uncertainty: Lessons from Pax Britannica," (with William O. Brown and Marc D. Weidenmier), Journal of Financial Economics, Vol. 79, No. 3 (March 2006), pp. 693-707.
• "Are NBA Fans Becoming Indifferent to Race? Evidence from the 1990s" (with Richard T. Hossfeld and Janet Kiholm Smith), Journal of Sports Economics, Vol. 6, No. 2 (May 2005), 144-159.
• "Exporting Hyperinflation: The Long Arm of Chiang Kai-shek," (with Hsin-hui I. H. Whited), China Economic Review, Vol. 16, No. 1 (2005), pp. 71-89.
• "Suppressing Asset Price Inflation: The Confederate Experience, 1861-1865," (with Marc D. Weidenmier), Economic Inquiry, Vol. 41, No. 3 (July 2003), 420-432.
• "German Debt Traded in London During the Second World War: A British Perspective on Hitler" (with William O. Brown, Jr.), Economica, Vol. 69, No. 276 (November 2002), 655-669.
• "Inflation is Always and Everywhere a Monetary Phenomenon: Richmond vs. Houston in 1864," (with Marc D. Weidenmeier), American Economic Review, Vol. 91, No. 5 (December 2001), 1621-1630.
• "Ending Inflation in China: From Mao to the 21st Century," Cato Journal, Vol. 20, No. 2 (Fall 2000), 223-235.
• "Turning Points in the U.S. Civil War: A British Perspective" (with William O. Brown, Jr.), Journal of Economic History, Vol. 60, No.1 (March 2000), 216-231.
• "Exchange Rate Regimes and Shifts In Inflation Persistance: Does Nothing Else Matter?" (with Pierre L. Siklos), Journal of Money, Credit, and Banking, Vol.31, No.2 (May 1999), 235-247.
• "China's Experience with Indexed Government Bonds, 1988-1996: How Credible Was the People's Republic's Anti-Inflationary Policy?" (with Xiaojin Hu), Review of Development Economics, Vol. 3, No.1 (February 1999), 66-85.
• "War Finance in the Southern Confederacy, 1861-1865," (with Farrokh K. Langdana), Explorations in Economic History, Vol. 30, No. 3 (July 1993), 352-376.
• Customer Preferences, Attendance and the Racial Structure of Professional Basketball Teams" (with Todd L. Idson), Applied Economics, Vol. 23, No. 1B (January 1991), 179-186.
• "A Re-Examination of the Monetary Model of Exchange Market Pressure: Canada, 1963-1988," (with Paul Burkett), Review of Economics and Statistics, Vol. 72, No. 4 (November 1990), 677-681.

Selected Awards

• 2008-2009 Chiang Ching-kuo Distinguished Scholar Grant for book project on "Chinese Financial Market Interdependence: Crisis and Opportunity"
• 2004-2005 Chiang Ching-kuo Scholar Grant for book project on "China's Monetary Challenges" that was published in 2008 by Cambridge University Press under the title "China's Monetary Challenges: Past Experiences and Future Prospects."
• Who's Who Among America's Teachers, 1998; 2003-2004; 2004-2005
• Who’sWho in America, 2007 -