James R. Lothian

James R. Lothian is Distinguished Professor of Finance and holder of the Toppeta Family Chair in Global Financial Markets at the Gabelli School of Business. He is director of Fordham's Frank J. Petrilli Center for Research in International Finance and, for two and a half decades, served as editor of the Journal of International Money and Finance.

He holds a doctorate and an MA in economics from the University of Chicago and a BA magna cum laude from the Catholic University of America.

Dr. Lothian is author of Essays in International Money and Finance: Interest rates, exchange rates, prices and the supply of money within and across countries, World Scientific Publishing, 2017 and co-author of a widely acclaimed monograph on the inflation of the 1970s, The International Transmission of Inflation, University of Chicago Press, 1983. He has published extensively on domestic and international economic and financial topics in scholarly journals including the American Economic Review, the Journal of Political Economy, the Journal of Money, Credit and Banking, the Journal of Monetary Economics, the Journal of International Money and Finance, Open Economies Review, the Journal of Applied Econometrics, the Journal of Empirical Finance, the Journal of Macroeconomics and the Journal of Financial and Quantitative Analysis, as well as in the financial press.

He is a member of the advisory boards of the Journal of Financial Stability, the Centre for Empirical Finance, Brunel University, London and CREDO (the Catholic Research Economists Discussion Organization). He is a member of the editorial boards of the International Finance Review and the DANUBE Law and Economics Review and serves as external advisor to the Centre for Banking and Finance, Smurfit School of Business, University College, Dublin.

Dr. Lothian's past positions include vice president in charge of financial research for Citibank and visiting professor of economics at the Leonard Stern School of Business, New York University and at Tilburg University. He has been a research associate of the National Bureau of Economic Research and a visiting scholar at the Federal Reserve Bank of Atlanta, the International Monetary Fund and Maastricht University.

He is married to the former Judith A. McLaughlin. They have five grown children and twelve grandchildren.

• Ph.D.: University of Chicago
• Master's: M.A.,University of Chicago
• Bachelor's: B.A., magna cum laude, Catholic University

• Money and Banking
• International Finance
• Financial and Monetary History

• Essays in International Money and Finance: Interest rates, exchange rates, prices and the supply of money within and across countries, World Scientific Publishing, 2017.
• “Exchange Rates and Prices under Fixed and Flexible Exchange Rates,” in Francisco Rivera-Batiz , ed., Encyclopedia of International Economics and Global Trade, World Scientific Publishing, 2019 in press.
• "How Friedman and Schwartz Became Monetarists" (with George Tavlas), Journal of Money Credit and Banking, 50, June 2018.
• “Purchasing power parity and the behavior of prices and nominal exchange rates across exchange-rate regimes," Journal of International Money and Finance, December 2016.
• "Milton Friedman's monetary economics: Theory and empirics" in Robert A. Cord and J. Daniel Hammond, eds. Milton Friedman: Contributions to Economics and Public Policy, Oxford University Press, 2016.
• "Comment on Rudebusch and Williams, ‘A wedge in the dual mandate: Monetary policy and long-term unemployment’," Journal of Macroeconomics, 47, March 2016.
• "Uncovered interest parity: The long and the short of it," Journal of Empirical Finance, 36, March 2016, 1-7.
• "Monetary Policy and the Twin Crises," Journal of International Money and Finance, Part B, December 2014.
• "I Discovered the Peso Problem: Irving Fisher and the UIP Puzzle," (with Rachel Pownall and Kees Koedijk), Journal of International Money and Finance, November 2013.
• "The European Sovereign Debt Crisis: Background and Perspectives," (with Joshua Aizenman and Michael Hutchison) Journal of International Money and Finance, April 2013.
• "Was the Gold Standard Really Destabilizing?" (with Gabriel Fagan and Paul D. McNelis), Journal of Applied Econometrics, March 2013.
• "Overview of the special issue on ‘Policy Implications of and Lessons from the Global Financial Crisis’," (with Joshua Aizenman and Robert Dekle) Journal of International Money and Finance, December 2012.
• "International and historical dimensions of the financial crisis of 2007 and 2008," (with Gerald P. Dwyer, Jr.), Journal of International Money and Finance, February 2012.
• “A Primer on Exchange Rates," (with Mark P. Taylor), in H. Kent Baker and Leigh A. Riddick (eds.) Survey of International Finance, Oxford University Press, 2012.
• "Why Money Matters: A Fourth Natural Experiment," Open Economies Review, April 2011.
• "Uncovered Interest Rate Parity over the Past Two Centuries" (with Liuren Wu), Journal of International Money and Finance, April 2011.
• "The Emerging Global Financial Architecture: What's New and What's Old?" (with Joshua Aizenman and Reuven Glick), Journal of International Money and Finance, June 2010.
• "The Signaling Hypothesis Revisited: Evidence from Foreign IPOs" (with Bill Francis, Iftekhar Hasan and Xian Sun), Journal of Financial and Quantitative Analysis, February 2010.