Curriculum Vitae ELMUS ROGERS WICKER

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1 Curriculum Vitae ELMUS ROGERS WICKER Born: September 13, 1926 Lake Charles, Louisiana Married: September 18, 1948 Wife: Carolyn Braswell Wicker Children: Vanessa Louise and Roger Andrew DEGREES B.A. Louisiana State University, 1945 (Economics) M.A. Louisiana State University, 1948 (Economics) M. Phil. Oxford University, 1951 (Economics) Ph.D. Duke University, 1956 (Economics) FELLOWSHIPS AND SCHOLARSHIPS Rhodes Scholar, The Queen s College, Oxford University, Social Science Research Council Training Fellowship, Ford Foundation Faculty Research Fellowship, EMPLOYMENT Lecturer, Indiana University, Instructor, Indiana University, Assistant Professor, Indiana University, Associate Professor, Indiana University, Professor, Indiana University, Chairman of the Department of Economics, Indiana University, Professor Emeritus, Indiana University, 1992 Present ADDITIONAL EMPLOYMENT Consultant, Board of governors of the Federal Reserve System, Graduate School of savings and Loan, Indiana University, Indiana Executive Development Program, Indiana University, Stonier Graduate School of Banking, University of Delaware, AWARDS: Distinguished Teaching Award (Standard Oil Foundation) Indiana University, 1967 Danforth Associateship (Teaching), HONORS: President, Phi Beta Kappa, Indiana University, Who s Who in America Who s Who in the World

2 Wickir Professor of Economics Endowed Chair I. BOOKS Federal Reserve Monetary Policy New York: Random House, The Principles of Monetary Economics (with James M. Boughton). Homewood, Illinois: Irwin, Recent Developments in Economics. Editor, Lilly Conference on Economics. Indiana University, Bloomington, IN: Indiana University Printing Plant, Banking Panics of the Great Depression. Cambridge: Cambridge University Press, Banking Panics of the Gilded Age. Cambridge, Cambridge University Press, The Great Debate on Banking Reform: Nelson Aldrich and the Origins of the Fed. Columbus, OH: Ohio State University Press, II. ARTICLES The Colonial Development Corporation ( ). The Review of Economic Studies, Vol. XXIII, 1956, pp A Note on Jethro Tull: Innovator of Crank? Agricultural History, Vol. 31, 1957, pp Colonial Development and Welfare Social and Economic Studies, Vol. 7, 1958, pp Some loanable Funds Concepts and Banking Theory. The Journal of Finance, Vol. XV, 1960, pp Railroad Investment Before the Civil War in Trends in the American Economy in the Nineteenth Century. National Bureau of Economic Research. Princeton: Princeton University Press, 1960, pp The Behavior of the Consumer Money Supply. The Journal of Political Economy, Vol. LXIX, 1961, pp Federal Reserve Monetary Policy, : A Reinterpretation. The Journal of Political Economy, Vol. LXXIII, 1965, Freedom of Entry in Finance. Readings in Financial Institutions, edited by Marshall Ketchum and Leon Kendall. Boston: Houghton Mifflin, 1965, A Reconsideration of Federal Reserve Monetary Policy During the Depression. The Journal Of Economic History, Vol. XXVI, 1966, pp Motives for Recent Monetary Policy. The Review, Alumni Association of the College of Arts and Sciences, Indiana University, Vol. IX, 1967, pp Brunner and Meltzer on Federal Reserve Monetary Policy During the Great Depression. Canadian Journal of Economics, 1969, pp The World War II Policy of Fixing a Pattern of Interest Rates. The Journal of Finance, Vol. XXIV, 1969, pp Is the Money Supply an Exogenous Variable? Essays in Economic Analysis, edited by Franz Gehrels, Henry Oliver, and George Wilson. Indiana University: Indiana University Press, 1970, pp Roosevelt s 1933 Monetary Experiment. The Journal of American History, Vol. LVII, No. 4, 1971, pp

3 III. Open Market Money Supply Strategy, Quarterly Journal of Economics, Vol. LXXXVIII, 1974, pp Maintaining and Making Public Minutes of Federal Reserve Meetings, hearing before the Subcommittee on Domestic Monetary Policy of the Committee on Banking and Finance and Urban Affairs, House of Representatives, 95 th Congress, First Session, Washington, D. C., 1977, pp The Currency Deposit Ratio during the Great Depression (with James Boughton). Journal of Money, Credit and Banking, 1979, pp A Reconsideration of the Causes of the Banking Panic of Explorations in Economic History, Vol. 19, 1982, pp A Reply to Trescott (with James Boughton). Journal of Money, Credit, and Banking, Vol. 16, No. 3, 1984, pp Colonial Monetary Standards Contrasted: Evidence from the Seven Years War. The Journal of Economic History. Vol. XLV, 1985, pp Terminating Hyperinflation in the Dismembered Habsburg Monarchy. The American Economic Review, Vol. 76, 1986, pp Leaning Against the Wind: The Behavior of the Money Stock in Recession and Recovery. The Political Economy of American Monetary Policy. Edited by Thomas Mayer. Cambridge University Press, 1990, pp The Behavior of Nominal M1, Real M1, and the Adjusted Monetary Base in Four Recessions and Three Recoveries, Public Budgeting and Financial Management, Vol 2, No. 3, Special Issue on Monetary Policy, 1990, (Invited Paper) The U.S. Central Banking Experience: A Historical Perspective. Monetary Policy in Developed Economies. Editors M. Fratianni and D. Salvatore. Westport, Connecticut: Greenwood Press, 1993, pp Banking Panics ( ). Encyclopedia of the Great Depression. Editor Robert S. McElvaine, McMillian Reference 2005, Vol. 1, pp The Great Depression in the United States, Business Cycles and Depression, an Encyclopedia. Editor David Glasner, Garland, New York, 1997, pp Money Supply Theory and the Great Depression: What Did the Fed Know? History of Political Economy, Vol. 34, No. 1, 2002, pp The Banking Panic of Routledge Handbook of Major Events in Economic History, editors Randall E. Parker and Robert Whaples, London: Routledge, 2013, pp BOOK REVIEWS Corry, B. A. Money Saving and Investment in English Economics, The Journal of Economic History, Vol. XXIII, 1963, pp Wood, Elmer. Monetary Control. The Journal of Finance, Vol. XIX, 1964, pp Duesenberry, James S. Money and Credit: Impact and Control. The Journal of Finance, Vol. XX, 1965, pp deroover, Raymond. The Rise and Decline of the Medici Bank The American Scholar, Winter , pp

4 Rowe, J. Z. The Public Private Character of United States Central Banking. The Journal of Economic History, Vol. XXVII, 1967, pp Clarke, Stephen V. O. Central Banking Cooperation: The Journal of Economic History, Vol. XXVII, 1967, pp Sobel, Robert. The Great Bull Market: Wall Street in the 1920s. The Journal of Economic History, Vol. XXIX, 1969, pp Johnson, Arthur M. Winthrop W. Aldrich, Banker, Diplomat. The Journal of Economic History, Vol. XXIX, 1969, pp Goodhart, C. A. E. The New York Money Market and the Finance of Trade, The Journal of Finance, 1969, pp Stover, John F. The Life and Decline of the American Railroad. Indiana Magazine of History, 1971, pp Meyer, Richard H. Banker Diplomacy: Monetary Stabilization in the Twenties. Business History Review, Carossa, Vincent P. Investment Banking in America. Economic History Review, Vol. XXIV, 1971, pp Beckhart, Benjamin H. Federal Reserve System. Journal of American History, 1973, pp Kindleberger, Charles. The World Depression. Journal of American History, Eckes, Alfred E., Jr. A Search for Solvency: Bretton Woods and the International Monetary System, Business History Review, Manne, Henry G. and Roger Leroy Miller. Gold, Money, and the Law. The Journal of Political Economy, Vol. 84, 1976, pp Temin, Peter. Did Monetary Forces Cause the Great Depression? The American Historical Review, 1976, pp Burns, Helen M. The American Banking Community and the New Deal Reforms. Economic History Review, Sayers, R. S. The bank of England, , three volumes. Business History Review, Vol. 51, No. 2, 1977, pp Timberlake, R. H. The Origins of Central Banking in the U.S. Journal of Money, Credit, and Banking, Vol. XII, 1980, pp Miles, Marc. Beyond Monetarism: Finding the Road to a Stable Economy. Business Horizons, 1985, Wigmore, Barry. The Crash and its Aftermath: A History of the Securities markets in the United states, Journal of Economic History, Vol. XXV, 1987, pp Purvis, Thomas L. Proprietors, Patronage, and Paper Money: Legislative Politics in New Jersey: Journal of Economic History, Vol. XLVII, No. 2, 1987, pp Kettl, Donald. Leadership at the Fed. The American Historical Review, 1987, p Benston, George, R. Eisenbeis, Paul Horvitz, Edward Kane, and George Kaufman. Perspectives on Safe and Sound banking, Past, Present, and Future. Journal of Economic Literature, Vol. XXV, 1987, pp

5 IV. Frazer, William. Power and Ideas: Milton Friedman and the Big U Turn, 2 volumes. The Journal of American History, Vol. 76, 1990, pp Wilson, Thomas. The Power to Coin Money: The Exercise of Monetary Power by the Congress. Journal of Economic History. Vol. 53, 1993, pp Wells, Wyatt C. Economist in an Uncertain World: Arthur F. Burns and the Federal Reserve. The Journal of American History, Vol. 81, 1995, pp Schild, George. Bretton Woods and Dunbartion Oaks. The Journal of Economic History, Vol. 56, 1996, pp Steindl, Frank. Monetary Interpretations of the Great Depression. Journal of Economic Thought, Vol. 20, pp Hall, Thomas, and J. David Ferguson. The Great Depression. Economic History Net Review, Mehrling Perry G. The Money Interest and the Public Interest: American Monetary Thought, The Journal of American History, 1999, p. 76. Wheeler, Mark. Editor. The Economics of the Great Depression. Economic History Net Review, Friedman, Milton and Rose Friedman. Two lucky People, Memoirs. Business History Review, Vol. 73, 1999, pp Klein, Maury. Rainbow s End: The Crash of Finance Developments, International Monetary Fund, Gyovgy, Peteri. Global Monetary Regime and National Central Banking: The Case of Hungary, Wayne, N. J. Center for Hungarian studies and Publications (Distributed by Columbia University Press, 2002) Economic History Net. Rosen, Eliot A. Roosevelt, the Great Depression, and the Economics of Recovery. Economic History Net, INVITED PAPERS Railroad Investment before the Civil War. National Bureau of Economic Research, Conference on Income and Wealth, Williams College, Varying Reserve Requirements, : The First Experiment Re Examined. Liquidity Trap Conference, Purdue University, Banking Reform after Discussion, Organization of American Historians, 61 st Annual Meeting, Reserve Supply Strategy, Seminar, Federal Reserve Bank of Richmond, Short Run Stabilization as a Goal of Federal Reserve Monetary Policy. Seminar, London School of Economics, Terminating Hyperinflation in the Dismembered Habsburg Monarch. Economic History Workshop, University of Illinois, Terminating Hyperinflation in the Dismembered Habsburg Monarch. American Economic Association Meetings, Dallas, Leaning Against the Wind: The Behavior of the Money stock in Recession and Recovery. Economic History Workshop, Northwestern University, Econometric Society meeting. Discussant Economic History Session, 1987.

6 Social Science History Association. Discussant, The Legacy of U.S. Central Banking Experience: DePauw University, Is non Par Value Deposit Banking a Solution to the Bank Failure Problem? Durell Banking Conference, The Legacy of U.S. Central Banking Experience: Western Economic Association Meeting, A Reinterpretation of the Banking Panic of the 1930s. Western Economic Association Meeting, Were Panics of the national Banking Era Preventable? Ball state University, Money Supply Theory and the Great Depression. Southern Economic Association, Origins of the Fed: The Paternity Question. Southern Economic Association, Bagehot Coe Legacy: The Role of the New York Clearing House in Banking Panics. Southern Economic Association, Why Banking Panic After the fed: A Riddle. Southern Economic Association, The Fed s Response to Two Alleged Asset Bubbles: and Southern Economic Association, 2004.