Professor Dietrich Fausten

Department of Economics

Professor

Bachelor of Arts - Western Washington State College
Doctor of Philosophy - University of Utah

His research interests revolve around open economy macroeconomics with particular attention to the implications of interaction between financial and real sectors for foreign investment and its composition between direct (FDI) and foreign portfolio investment (FPI). Related themes include the composition of cross-border capital movements, productivity in banking and errors and omissions in balance of payments reporting. Previous appointments include Visiting Professorships at the Universities of Konstanz, Munich and Renmin University of China, External Examiner at the University of Mauritius.  He is a Fellow of the Alexander von Humboldt Foundation.

Department of Economics
Monash University
Clayton, Vic 3800
AUSTRALIA

Dietrich.Fausten@buseco.monash.edu.au

ECC3690 - International economics

Professor Fausten's research interests lie in the area of open economy macroeconomics with particular emphasis on international capital movements and foreign direct investment. Specific topics have included balance of payments and exchange rate adjustment, policy formation in open economies, determinants and composition of cross-border investment flows, financial development and banking productivity in developing countries and transition economies.

Chen, H., Fausten D. and Wong, WK., (2009), ‘Evolution of the Trans-Atlantic exchange rate before and after the birth of the Euro and policy implications', Applied Economics

Fausten, D. K. & Islam, A. (2008), ‘Skilled immigration and wages in Australia', Economic Record, 84, S1, S66-S82.

Cheo, R., Fausten, D. K. and Parasnis, J. (2008), 'Do Australian qualifications help? The effect of host country qualification on migrant participation and unemployment', Economic Record, 84, S1, S131-S140

Fausten, D. K., Lu, X. & Smyth, R. L. (2007), ‘Financial development, capital accumulation and productivity improvement: Evidence from China, Journal of Chinese Economics and Business Studies, 5, 3, 227-242

Blonigen, B., Ellis, C. and Fausten, D. (2005), ‘ Industrial Groupings and Foreign Direct Investment', Journal of International Economics  65, 75-91

Blonigen, B., Ellis, C. and Fausten, D. (2005), ‘Industrial Groupings and Strategic FDI', Japan and the World Economy, 17, 125-150. 

Fausten, D. and Pickett, B. (2004), 'Errors & Omissions in the Reporting of Australia's Cross-border Transactions', Australian Economic Papers, 43, 101-115.

Dogan, E. and Fausten, D. (2003), ‘Productivity and Technical Change in Malaysian Banking: 1989-1998', Asia-Pacific Financial Markets 10, 205-237.

Ellis, C. and Fausten, D, (2002), ‘Strategic FDI and industrial ownership structure', Canadian Journal of Economics, 35, 3, 476-494.

Fausten, D. (1993), 'International Capital Movements: Financial Arbitrage and Resource Transfers', Australian Economic Papers 32, 231-247.

Fausten, D. (1990), ‘The Influence of Income on International Capital Movements: Some Preliminary Australian Evidence', Economics Letters, 33, 95-100.

Fausten, D. (1981), ‘A Partial Rehabilitation of the Policy-Mix Approach', Kyklos,  34, 203-215.

Fausten, D. (1980), ‘A Note on Some Asymmetries of Monetary Control in Open Economies', Weltwirtschaftliches Archiv, 116, 729-778.

Fausten, D. (1979), ‘The Human Origin of the Contemporary Monetary Approach to the Balance of Payments', The Quarterly Journal of Economics, 93, 655-673