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John Carlson

John Carlson

Emeritus Loeb Professor of Economics


Ph.D., Political Economy, Johns Hopkins University
B.S., Mathematics, Denison University, 1955

Professor Carlson has taught courses in monetary international economics and macroeconomics. His research interests include uses of economic survey data, influences on exchange rates, and firms' price-setting decisions. He has had visiting appointments at Cornell (1961-62); the Brookings Institution (1967-68); the University of Manchester (1971-72); University College, London (1980); University of Sydney (1987); and Victoria University of Wellington (1994).

Journal Articles

  • Carlson, J. & Lo, M. (2006). One Minute in the Life of the DM/US$: Public News in an Electronic Market. Journal of International Money and Finance, vol. 25 1090-1102.
  • Carlson, J., & Valev, N. (2002). A Disinflation Tradeoff: Speed Versus Final Destination. Economic Inquiry, vol. 40 450-456.
  • Carlson, J., & Buckle, R. (2000). Inflation and Asymmetric Price Adjustment. Review of Economics and Statistics, vol. 82 157-160.
  • Carlson, J., & Osler, C. (2000). Rational Speculators and Exchange Rate Volatility. European Economic Review, vol. 44 231-253.
  • Carlson, J. (1998). Risk Aversion, Foreign Exchange Speculation, and Gambler's Ruin. Economica, vol. 65 441-453.
  • Carlson, J., & Schodt, D. (1995). Beyond the Lecture: Case Teaching and the Learning of Economic Theory. Journal of Economic Education, vol. 26 17-28.
  • Carlson, J. & McAfee, R.P. (1984). Joint Search for Several Goods. Journal of Economic Theory, vol. 32 337-345.
  • Carlson, J. & McAfee, R.P. (1983). Discrete Equilibrium Price Dispersion. Journal of Political Economy, vol. 9 480-493.
  • Carlson, J. (1977). Short-Term Interest Rates as Predictors of Inflation: Comment. American Economic Review, vol. 67 469-475.
  • Carlson, J. (1977). A Study of Price Forecasts. Annals of Economic and Social Measurement, vol. 6 27-56.
  • Carlson, J. (1976). Economic Analysis vs. Courtroom Controversy: The Present Value of Future Earnings. American Bar Association Journal, vol. 62 628-631.
  • Carlson, J. (1976). Are Price Expectations Normally Distributed?. Journal of the American Statistical Association, vol. 70 749-754.
  • Carlson, J. & Parkin, M. (1976). Inflation Expectations. Economica, vol. 42 123-138.
  • Carlson, J. (1973). The Production Lag. American Economic Review, vol. 63 73-86.
  • Carlson, J. (1968). An Invariably Stable Cobweb Model. Review of Economic Studies, vol. 35 360-362.
  • Carlson, J. (1967). Forecasting Errors and Business Cycles. American Economic Review, vol. 57 462-481.
  • Carlson, J. (1962). Foster and Catchings: A Mathematical Reappraisal. Journal of Political Economy, vol. 70 400-402.


  • Carlson, J. (1970). Macroeconomic Adjustments. Holt, Rinehart and Winston.,

Book Chapters

  • Carlson, J. (1992). Economic Surveys and the Scientific Method. Ashgate Publishing Co., 3-18.
  • Carlson, J. (1981). Perceptions (or Misperceptions) of Inflation. Oelgeschlager, Gunn & Hain, 13-49.
  • Carlson, J., & Wehrs, W (1974). Aggregate Inventory Behavior: A Critical Study of a Class of Models. Academic Press, 311-332.


Area(s) of Expertise

Exchange rates, Macroeconomics, Pricing, Inflation, Economics