Gregory Hess, Ph.D.

Gregory Hess is the Vice President for Academic Affairs, Dean of the Faculty, James G. Boswell Professor of Economics and a George R. Roberts Fellow at Claremont McKenna College. He is a member of the Shadow Open Market Committee; he has also taught at Cambridge University and Oberlin College; and he has worked as an economist at the Federal Reserve Board in Washington, D.C. He has published in the Journal of Political Economy, the American Economic Review, the Journal of Monetary Economics, the Journal of International Economics, and the Journal of Public Economics, among other journals. His areas of expertise include monetary policy, war and economics, and the relationship between economics and politics.

Selected Research and Publications

• “Deconstructing Alan: A Quantitative Assessment of the Qualitative Effect of Chairman Greenspan’s Communications.” (co-authored with Michelle Bligh). CESifo/MIT Book - Central Bank Communication, Decision-Making and Governance, edited by Pierre Siklos and Jan-Egbert Sturm (pending).
• “Comment on Allan Meltzer’s `Politics and the Fed,’” Journal of Monetary Economics, Volume 58, Issue 1, January 2011, Pages 49-53. Carnegie- Rochester Conference Series on Public Policy: The Future of Central Banking, April 16-17, 2010.
• “The Power of Leading Subtly: Alan Greenspan, Rhetorical Leadership, and Monetary Policy.” Leadership Quarterly, 2007, 18, 87-104 (co-authored with Michelle Bligh).
• “The Macroeconomic Consequences of Terrorism.” Journal of Monetary Economics, July 2004,51(5), 1007-1032 (co-authored with S. Brock Blomberg and Athanasios Orphanides).
• "War and Democracy," Journal of Political Economy, August 2001, 109(4), 776-810 (with Athanasios Orphanides).