Faculty Profile

		Marc Weidenmier, Ph.D. William F. Podlich Associate Professor of Economics E-mail: marc.weidenmier@claremontmckenna.edu Phone: (909) 607-8497 Campus Address: Bauer Center 320 Departments: Robert Day School of Economics and Finance Curriculum Vitae

Educational Background

B.A., College of William and Mary; M.A., Ph.D., University of Illinois

Teaching Interests

• Principles
• Macroeconomics
• Development of American Markets
• Financial and Business Forecasting

Research Interests

• Monetary and Financial History
• Applied Time Series Econometrics
• Public Choice
• Neal-Weidenmier Gold Standard Database

Selected Professional Activities

• Member, Editorial Board, Journal of Economic History, January 2007-present
• Member, Editorial Board, Cliometrica, August 2009-present
• Research Associate, National Bureau of Economic Research
• Member, American Economic Association, Economic History Association and Business History Conference

Selected Research and Publications

• "Why did Countries Adopt the Gold Standard? Lessons from Japan," (with Kris Mitchener and Masato Shizume), Journal of Economic History, forthcoming.
• "Identifying the Effects of a Lender of Last Resort on Financial Markets: Lessons from the Founding of the Fed," (with Asaf Bernstein and Eric Hughson), Journal of Financial Economics, forthcoming.
• "Competing with the NYSE," (with William O. Brown and J. Harold Mulherin), Quarterly Journal of Economics, (2008), 123(4):1679-1719.
• "Trade and Empire," (with Kris Mitchener), Economic Journal, (2008), Vol. 533:1805-34 (Lead Article).
• "Identifying the Effects of an Exchange Rate Depreciation on Sovereign Risk: Evidence from a Natural Experiment," (with Michael Bordo and Chris Meissner), Journal of International Money and Finance, forthcoming.
• "Supersanctions and Sovereign Debt Repayment," (with Kris Mitchener), Journal of International Money and Finance, forthcoming.
• "The Baring Crisis and the Great Latin American Meltdown," (with Kris Mitchener), Journal of Economic History, (2008), Vol. 68:462-500.
• "Can Interest-Bearing Money Circulate? A Small Denomination Arkansan Experiment, 1861-1863" (with Richard Burdekin), Journal of Money, Credit, and Banking, (2008), Vol. 40:233-240.
• "Volatility in an Era of Reduced Uncertainty: Lessons from Pax Britannica," (with William O. Brown and Richard C.K. Burdekin), Journal of Financial Economics, (2006), Vol. 79,693-707.
• "Empire, Public Goods, and the Roosevelt Corollary," (with Kris Mitchener), Journal of Economic History, (2005), Vol. 66, 658-692.
• "Covered Interest Arbitrage: Then vs. Now," (with Ted Juhl and William Miles), Economica, (2006), Vol. 290, 341-352.
• "Gunboats, Reputation, and Sovereign Repayment: Lessons from the Southern Confederacy," Journal of International Economics, (2005), Vol. 66, 407-422.
• "Real Shock, Monetary Aftershock: The 1906 San Francisco Earthquake and the Panic of 1907," (with Kerry Odell). Journal of Economic History, (2004), Vol. 64, 1002-1027.
• "Supressing Asset Price Inflation: The Confederate Experience, 1861-1865", (with Richard Burdekin), Economic Inquiry, (2003), Vol. 41,420-432.
• "Inflation is Always and Everywhere a Monetary Phenomenon: Richmond vs. Houston in 1864," (with Richard C.K. Burdekin), American Economic Review, (2001), Vol. 91, 1621-1630.
• "Turning Points in the U.S. Civil War: Views from the Grayback Market," Southern Economic Journal, (2002), Vol. 68, 875-890.
• "The Market for Confederate Cotton Bonds," Explorations in Economic History, Vol. 37, (2000), 76-97.
• "Ideology, Economic Interests, and Congressional Roll-Call Voting: Partisan Instability and Bank of the United States Legislation, 1811-1816," (with Jeffery Jenkins), Public Choice, Vol. 100, (1999), 225-243.

Selected Awards

• NSF Grant 2005-2008 (with Kris Mitchener, Santa Clara University)