Professor Jakob B. Madsen

Organisation:

Department of Economics

Title:

Professor

Qualifications:

MEc University of Aarhus , Denmark , PhD (ANU)

Jakob’s research interests are in macroeconomics, economic growth, stock and house valuation, macrofinance, the equity premium puzzle, the Great Depression, history of economic growth, and applied econometrics. Jakob is a frequent commentator in newspapers, radio and television. Jakob has held positions at University of Copenhagen, University of Southampton, Brunel University, University of Western Australia, and Flinders University. He has published his research in numerous journals including Journal of Economic Growth, The Economic Journal, Journal of International Economics, Oxford Economic Papers, Economic Letters, Journal of International Money and Finance, Journal of Economic History, Explorations in Economic History, Economica, and Southern Economic Journal.

Office:

Caulfield Campus,
Room H4.54, Building H
Monash University Vic 3145

Clayton Campus
Room E872, Building 11
Monash University Vic 3800

Home Page:

http://www-personal.buseco.monash.edu.au/~jmadsen/

Telephone:

Caulfield: +61 3 9903 4520
Clayton: +61 3 9902 0179

Fax:

Caulfield: +61 3 9903 1128
Clayton: +61 3 9905 5476

E-mail:

Jakob.Madsen@Buseco.Monash.edu.au

Teaching Commitments:

ECC5720 - Applied economic analysis
ECC6660 - Research topics in advanced macroeconomics

Research Interests:

Macroeconomics, economic growth, stock and house valuation, macrofinance, the equity premium puzzle, the Great Depression, history of economic growth, behavioural finance, and applied econometrics.

Selected Publications:

Madsen Jakob B. (Forthcoming) The Prebisch-Singer Hypothesis: Four Centuries of Evidence, Review of Economics and Statistics. with D I Harvey, N M Kellard, and Mark E Wohar.

Madsen Jakob B. (Forthcoming) Productivity and Equity Market Fundamentals: 80 Years of Evidence for 11 OECD Countries, Journal of International Money and Finance. with P Davis.

Madsen Jakob B. (2008) Economic Growth and World Exports of Ideas: A Century of Evidence, Scandinavian Journal of Economics 110, pp. 145-167.

Madsen Jakob B. (2008) “Semi-Endogenous Models versus Schumpeterian Theory: International Evidence over a Century,” Journal of Economic Growth 13, pp. 1-26.

Madsen Jakob B. (2008) Technological Revolutions, Innovations, and Trade Performance, Oxford Economic Papers, 60 pp. 145-169.

Madsen Jakob B. (2007) Technology Spillover through Trade and TFP Convergence: 135 Years of Evidence for the OECD Countries, Journal of International Economics 72, pp. 464-480.

Madsen Jakob B. (2007) Are there Diminishing Returns to R&D? Economic Letters 95, pp. 161-166.

Madsen Jakob B. (2006) Equity Prices, Productivity Growth and the New Economy, Economic Journal 116, pp. 791-811. with P Davis.

Madsen Jakob B. (2006) Investment and Uncertainty: Precipitating the Great Depression in the USA, Economica 73, pp. 393-412. with D Greasley.

Madsen Jakob B. (2005) The Fisher Hypothesis and the Interaction between Share Returns, Inflation and Supply Shocks, Journal of International Money and Finance 24, pp. 103-120.