Faculty Profile

		Gregory Hess, Ph.D. Vice President for Academic Affairs, Dean of the Faculty, James G. Boswell Professor of Economics and George R. Roberts Fellow E-mail: gregory.hess@claremontmckenna.edu Phone: (909) 621-8117 Campus Address: Center Court B-5 Departments: Robert Day School of Economics and Finance Web Site Curriculum Vitae

Educational Background

B.A., University of California, Davis; M.A., Ph.D., The Johns Hopkins University

Teaching Interests

• Macroeconomics and Public Finance

Research Interests

• Monetary Policy, Macroeconomics, Political Economy

Selected Research and Publications

• “It’s the Nominal Exchange Rate (Stupid),” Journal of International Money and Finance forthcoming (co-authored with Kwanho Shin).
• “What’s in a Name?” Economic Inquiry, forthcoming (co-authored with Saku Aura).
• “International Terrorism: Causes, Consequences and Cures, World Economy, 2008, 31, 255-274(co-authored with Graham Bird and S. Brock Blomberg).
• “All in the Family: Why Do Non-Democratic Leaders Have More Children than Democratic Ones?” Economics of Governance, 2008, 9, 65-85 (co-authored with Dustin Beckett).
• “The Power of Leading Subtly: Alan Greenspan, Rhetorical Leadership, and Monetary Policy.” Leadership Quarterly, 2007, 18, 87-104 (co-authored with Michelle Bligh).
• “The Poverty-Conflict Nexus,” Economics and Politics, November 2006, 18(3), 237-267 (coauthored with S. Brock Blomberg and Siddharth Thacker).
• “How Much Does Violence Tax Trade?” Review of Economics and Statistics, October 2006, 88(4), 599-612 (co-authored with S. Brock Blomberg).
• “For Better or For Worse: State Level Marital Formation and Risk Sharing.” Review of the Economics of the Household, December 2005, 3(4), 367-385 (co-authored with Ralph Chami).
• “The Macroeconomic Consequences of Terrorism.” Journal of Monetary Economics, July 2004,51(5), 1007-1032 (co-authored with S. Brock Blomberg and Athanasios Orphanides).
• “Economic Conditions and Terrorism.” The European Journal of Political Economy, June 2004,20(2), 463-478 (co-authored with S. Brock Blomberg and Akila Weerapana). Reprinted in The Economic Analysis of Terrorism, Tilman Brueck, ed., Routledge Studies in Defence and Peace Economics, New York, 2007.
• "Marriage and Consumption Insurance: What's Love Got to Do with It?" The Journal of Political Economy, April 2004, 112(2), 290-318.
• “An Economic Model of Terrorism”. Conflict Management and Peace Science, March 2004, 21(1), 17-28 (co-authored with S. Brock Blomberg and Akila Weerapana).
• The Economic Welfare Cost of Conflict: An Empirical Assessment
• "Is the Political Business Cycle for Real?" The Journal of Public Economics, May 2003, 87(5-6), 1091-1022 (co-authored with S. Brock Blomberg).
• "War and Democracy," Journal of Political Economy, August 2001, 109(4), 776-810 (with Athanasios Orphanides).
• "Economic Conditions, Elections and the Magnitude of Foreign Conflicts," Journal of Public Economics, April 2001, 80(1), 121-140 (with Athanasios Orphanides)
• "Risk Sharing by Households Within and Across Regions and Industries," Journal of Monetary Economics, June 2000, 45(3), 533-560 (Kwanho Shin)
• "Asymmetric Persistence in GDP? A Deeper Look at Depth," Journal of Monetary Economics, December 1997, 40(3), 535-554 (with Shigeru Iwata).
• "War Politics: An Economic, Rational Voter Framework," American Economic Review, September 1995, 85(4), 828-846, (with Athanasios Orphanides).
• "Taxation and Intergenerational Transfers with Family Size Heterogeneity: Do Parents with More Children Prefer Higher Taxes?" Journal of Money, Credit and Banking, May 1996, 28, 162-177 (with Athanasios Orphanides).
• "A Test of the Theory of Optimal Taxation for the United States: 1870-1989," Review of Economics and Statistics, November 1993, 75, 712-716