Is Federal Reserve Policy Working in the US?
Presented by Rajeev Dhawan
January 14, 2011 - GIC Meeting at The Central Bank of Chile, Santiago
Speaker / Author
Rajeev Dhawan wears a dual hat as a professor and as director of the Economic Forecasting Center at the Robinson College of Business at Georgia State University in Atlanta, Georgia. As director of one of the country’s premier forecasting centers, Dhawan develops forecasts for the U.S., Southeast regional, and local metro Atlanta economies. These forecasts are regularly published and presented to business executives and the media at the center’s popular, well-respected quarterly forecasting conferences. Dhawan has received several awards for his forecasting accuracy, including most accurate GDP forecast by Bloomberg News in 2005. The Bank One Economic Outlook Center at Arizona State University in 2003 named him the most accurate forecaster for US employment.
A sought-after international speaker, he has presented at conferences in Argentina, Canada, Chile, Dominican Republic, Germany, Japan, Netherland, Spain, Sweden, Switzerland and across the U.S. As a consultant, he has been commissioned to prepare economic impact reports, home price forecast models, and provide public policy recommendations. Dhawan has served as an advisor to several local and state government agencies and numerous publicly-held companies. These companies include Coca-Cola, Georgia Power, Morgan Keegan, and Turner Broadcasting, among others. Dhawan has directed impact analysis studies for Amgen, Northrop Grumman, LA Development Corporation, the California Governor’s Council of Economic Advisors since 2004.
Dhawan’s academic research analyzes U.S. business cycles with a special emphasis on the role of credit markets on growth and survival of small firms. His international industry comparison study examined factors that enabled Toyota to dominate not only U.S. companies, but also its Japanese counterparts. In his recent work, Dhawan has quantified the role and importance of oil prices in U.S. business cycle fluctuations. His research has been published in peer-reviewed academic journals such as Management Science, Journal of Money, Credit and Banking, Review of Economic Dynamics, Economic Inquiry, and Journal of Economic Behavior and Organization among others. He is also the author of Firm Size, Financial Intermediation and Business Cycles which explores the effect of liquidity constraints on U.S. economic performance.
Prior to joining Georgia State University in the fall of 2000, he served as director of Econometric Forecasting at the Business Forecasting Project of the Anderson School of Business at UCLA. He has also taught at Pepperdine University and California State University at Long Beach. Dhawan earned a B.A. in Economics, with honors, from St. Stephen’s College in India, a M.A. in Economics from the Delhi School of Economics in India and a Ph.D. in Economics from the University of California at Los Angeles.