St Louis, Missouri, United States
Research in monetary economics, macroeconomics, business cycles, endogenous growth, oil and gold markets, finance, asset pricing, interest rates, Treasury debt markets, human capital, tax reform, structural transformation, money demand, and money supply growth. Associate Editor for Q1 journal Economic Modelling since 2020. Research output: over 50 Q1 and Q2 journal articles; 5 books, including edited with Harvard U. Press for Bob Lucas, Jr.'s collected work on monetary economics in general equilibrium. Other books on inflation especially with Columbia U. Press The Spectre of Price Inflation, covering the recent inflation episode and critiquing post-2008 US macro-prudential banking insurance policy. Teaching: Principles of Macroeconomics, Honors Historical Perspectives on Monetary Policy, Masters Advanced Macroeconomics, and Masters Monetary Economics. Administrative: Fullbright National Screening Committees for last 4 years, national research council for government grants in Hungary, Graduate council of UMSL, Director of graduate studies in Economics at UMSL.
Research with Michal Kejak and Michal Pakos
CONFERENCE ORGANIZATION IEHAS co-sponsorship of the Society of Economics Dynamics 2005 annual meeting in Budapest, co-hosted by Gillman and Valentinyi. WORKING PAPERS Parantap Basu, Max Gillman, Joseph Pearlman, 2010, Inflation, Human Capital and Tobin's q, IEHAS Discussion Papers 2010/17, IEHAS, September. Max Gillman & Michal Kejak, 2009. "Inflation, Investment and Growth: a Money and Banking Approach," IEHAS Discussion Papers 0911, IEHAS, June. Max Gillman, Mark N. Harris, 2009, The Effect of Inflation on Growth: Evidence from a Panel of Transition Countries, IEHAS Discussion Papers 0912, IEHAS, June. Szilárd Benk, Max Gillman, Michal Kejak, 2009, A Banking Explanation of the US Velocity of Money: 1919-2004, IEHAS Discussion Papers 0923, IEHAS, November. Max Gillman & Michal Kejak, 2008. "Tax Evasion and Growth: a Banking Approach," IEHAS Discussion Papers 0806, IEHAS, June. Helmuts Āzacis, Max Gillman, 2008, Flat Tax Reform: The Baltics 2000 - 2007, 2008, IEHAS, Discussion Papers 2008/25, December. Gillman, M. and Michal Kejak, 2004, " Inflation and Balanced-Path Growth with Alternative Payment Mechanisms", MT-DP. 2004/2 Discussion Paper, IEHAS; February.
CEPR DISCUSSION PAPERS 7544. A Banking Explanation of the US Velocity of Money: 1919-2004 Authors: Szilárd Benk, Max Gillman and Michal Kejak 7150. US Volatility Cycles of Output and Inflation, 1919-2004: A Money and Banking Approach to a Puzzle Authors: Szilárd Benk, Max Gillman and Michal Kejak 4845. Granger Causality of the Inflation-Growth Mirror in Accession Countries Authors: Max Gillman and Anton Nakov CONFERENCES CEPR-EBC-HEC-NYSE/Euronext-RoF Conference on Financial Intermediation and the Real Economy, 22-23 August 2011, Paris. 7th Workshop of the Euro Area Business Cycle Network (EABCN) "Estimation and Empirical Validation of Structural Models for Business Cycle Analysis", EABCN/CEPR, Swiss National Bank, 29-30 August, 2006; presented a comment on "Euro-Dollar Real Exchange Rate Dynamics in an Estimated Two Country Model". CEPR-EABCN conference, "Productivity and the Business Cycle: Evidence for Europe and the US", Bank of Finland, Helsinki, 28-29 November 2005; by invitation, presented a comment on a paper. Discussant and paper presenter at CEPR Euro Area Business Cycle Network Workshop on Business Cycle and Acceding Countries, hosted by the Oesterreichische Nationalbank Vienna, 23/24 April 2004; paper presented: Gillman, M. and Anton Nakov, "Granger Causality of the Inflation-Growth Mirror in Accession Countries".