NUS, Singapore's Central Bank, Regulator Bring Over Top US Academic

Tom Burroughes

5 April 2016

The have jointly appointed a senior US-based academic for a month-long role in the Asian city-state, starting from yesterday.

The organisations have appointed Professor Steven Joseph Davis, who is the William H Abbott Professor of International Business and Economics at the University of Chicago Booth School of Business, as the MAS Term Professor in Economics and Finance.

Professor Davis will deliver a public lecture at NUS Business School on 7 April 2016 entitled "Measuring Economic Policy Uncertainty”. In his talk, he will present his research findings on how policy uncertainty affects investment, output and employment in industry sectors as well as economies.

Professor Davis’s research spans areas including employment and wage determination, worker mobility, job loss, labour market institutions, industrial organisation, economic fluctuations and public policy. His research has appeared in leading scholarly journals such as the American Economic Review, Journal of Political Economy and Quarterly Journal of Economics.

He is currently Research Associate at the National Bureau of Economic Research (NBER), Visiting Fellow at the Hoover Institution, and Senior Academic Fellow with the Asian Bureau of Finance and
Economics Research. Professor Davis has previously consulted for the U.S. Congressional Budget Office and the Federal Reserve Banks of Atlanta and Chicago. He was also a Distinguished Visitor at NUS Business School in September 2009.

First established in 2009, the MAS Term Professorship in Economics and Finance is awarded to distinguished scholars, who are appointed as Visiting Professors at both the NUS Business School and the Department of Economics at the NUS Faculty of Arts and Social Sciences. It aims to strengthen Singapore’s financial and economics research infrastructure and contribute to a vibrant research community and culture at local universities.