Faculty Guide

Title

Professor of Economics

Economics
International Business School

Expertise

macroeconomics: business cycles, and debt management

industrial organization: dynamic models of inventory investment and optimal pricing

econometrics: estimation of structural dynamic models

Profile

George Hall's research focuses on macroeconomics and industrial organization. In his recent work he has studied how firms optimally set prices over time to manage their inventories. Hall has shown that these models explain much of the price movements observed in markets as varied as automobiles, steel, and fish. Hall has also worked on properly accounting for the Federal government's cost of borrowing. Prior to joining Brandeis in 2006, Hall served on the faculty at Yale University and the research staff of the Federal Reserve Bank of Chicago.

Courses Taught

ECON	20a	Introduction to Macroeconomics
ECON	82b	Macroeconomic Theory
ECON	182a	Topics in Advanced Macroeconomics
ECON	205f	Applied Business Cycle Analysis
ECON	303a	Advanced Macroeconomics I
ECON	307f	Empirical Methods for Dynamic Economic Models

Scholarship

Hall, George J. , Adam Copeland and Wendy Dunn. "Inventories and the Automobile Market." RAND Journal of Economics 42. 1 (2011): 121-149.

Hall, George J. and Adam Copeland. "The Response of Prices, Sales, and Output to Temporary Changes in Demand." Journal of Applied Econometrics 26. 2 (2011): 232-269.

Hall, George J. and Kathryn Graddy. "A Dynamic Model of Price Discrimination and Inventory Managment at the Fulton Fish Market." Journal of Economic Behavior and Organization 80. 1 (2011): 6-19.

Hall, George J. and Thomas J. Sargent. "Interest Rate Risk and Other Determinants of Post WWII U.S. Government Debt/GDP Dynamics." American Economic Journal: Macroeconomics 3. 3 (2011): 192-214.

Hall, George J. and Thomas J. Sargent. "Net Interest Payments on the Federal Debt: A Flawed Measure." Vox February 17. (2010)

Hall, George J.. "How Will We Pay Down the Bush-Obama Debt? Lessons from the Last 60 Years." Rosenberg Institute of Global Finance Brief (2010)

Hall, George J. and John Rust. "The (S,s) Rule is an Optimal Trading Strategy in a Class of Commodity Price Speculation Problems." Economic Theory 30. 3 (2007): March.

Hall, George J.. "Exchange Rates and Casualties During the First World War." Journal of Monetary Economics 51. 8 (2004): 1711-1742.

Hall, George J. and John Rust. "Middle Men versus Market Makers: A Theory of Competitive Exchange." Journal of Political Economy 111. 2 (2003): 353-403.