Globalization and Monetary Policy Institute 2012 Annual Report • FEDERAL RESERVE BANK OF DALLAS 47

Institute Staff, Advisory Board and Senior Fellows

Institute Director Mark A. Wynne

Staff Economists Finn Kydland Mario Crucini Alexander Chudik Jeff Henley Professor of Economics, Professor of Economics, Scott Davis University of California, Santa Barbara Vanderbilt University Anthony Landry Recipient, 2004 Nobel Memorial Prize in Michael B. Devereux Enrique Martínez-García Economic Sciences Michael Sposi Professor of Economics , University of Jian Wang Guillermo Ortiz British Columbia Former Governor, Banco de México Charles Engel Advisory Board Kenneth S. Rogoff Professor of Economics, University of John B. Taylor, Chairman Thomas D. Cabot Professor of Public Policy, Wisconsin–Madison Mary and Robert Raymond Professor of Harvard University Economics, Stanford University Karen Lewis Masaaki Shirakawa Joseph and Ida Sondheim Professor in Charles R. Bean Governor, Bank of Japan International Economics and Finance, Deputy Governor, Bank of England University of Pennsylvania’s Wharton School William White Martin Feldstein Former Head of the Monetary and Economic Francis E. Warnock George F. Baker Professor of Economics, Department, Bank for International Settlements Paul M. Hammaker Professor of Business Harvard University Administration, Darden Graduate School Heng Swee Keat Senior Fellows of Business, University of Virginia Former Managing Director, Monetary Authority Marianne Baxter of Singapore Professor of Economics, Boston University

R. Glenn Hubbard Michael Bordo Dean and Russell L. Carson Professor of Finance Professor of Economics, Rutgers University and Economics, Graduate School of Business, W. Michael Cox Columbia University Director of the O’Neil Center for Global Markets Otmar Issing and Freedom, Cox School of Business, President, Center for Financial Studies (Germany) Southern Methodist University

Horst Köhler Former President of the Federal Republic of Germany