Contact Information
202-452-3709
neil.r.ericsson@frb.gov

Fields of Interest
Econometrics and Statistics
Monetary Economics
Macroeconomics

Education
Ph.D., Economics, London School of Economics, 1982
M.Sc., Econometrics and Mathematical Economics, London School of Economics, 1978
B.A., Economics, Yale University, 1976

Professional Experience
Board of Governors of the Federal Reserve System, 1983-present
Consultant, International Monetary Fund, 1995-present
Adjunct Professor, Department of Economics, George Washington University, 1996-1997, 1999
Erskine Research Fellow, Department of Economics, University of Canterbury, Christchurch, New Zealand, Sept.-Nov. 1998
Visiting Consultant, Reserve Bank of Australia, 1993-1994, 1998
Visiting Consultant, Bank of Norway, 1990, 1995-1997
Associate Editor, Econometric Reviews, Empirical Economics, Journal of Applied Econometrics, Journal of Economic and Business Statistics, Review of Economics and Statistics, various years

Selected Publications

• ''The Fragility of Sensitivity Analysis: An Encompassing Perspective,'' Oxford Bulletin of Economics and Statistics, vol. 70 (December 2008).
• General-to-Specific Modelling (ed. with Julia Campos and David F. Hendry). Cheltenham: Edward Elgar, 2005.
• ''Dollarization in Post-hyperinflationary Argentina'' (with Steven B. Kamin), Journal of International Money and Finance, vol. 22 (April 2003), pp. 185-211.
• ''Distributions of Error Correction Tests for Cointegration'' (with James G. MacKinnon), Econometrics Journal, vol. 5 (2002), pp. 285-318.
• ''Output and Inflation in the Long Run'' (with John S. Irons and Ralph W. Tryon), Journal of Applied Econometrics, vol. 16 (May 2001), pp. 241-53.
• Understanding Economic Forecasts (ed. with David F. Hendry). Cambridge: MIT Press, 2001.
• ''Constructive Data Mining: Modeling Consumers' Expenditure in Venezuela'' (with Julia Campos), Econometrics Journal, vol. 2 (1999), pp. 226-40.
• ''Modeling Inflation in Australia'' (with Gordon de Brouwer), Journal of Business and Economic Statistics, vol. 16 (October 1998), pp. 433-49.
• ''Exogeneity, Cointegration, and Economic Policy Analysis'' (with David F. Hendry and Grayham E. Mizon), Journal of Business and Economic Statistics, vol. 16 (October 1998), pp. 370-87.
• ''Cointegration Tests in the Presence of Structural Breaks'' (with Julia Campos and David F. Hendry), Journal of Econometrics, vol. 70 (January 1996), pp. 187-220.
• ''The Lucas Critique in Practice: Theory Without Measurement'' (with John S. Irons), in Kevin D. Hoover, ed., Macroeconometrics: Developments, Tensions, and Prospects. Boston: Kluwer, 1995.
• Testing Exogeneity (ed. with John S. Irons). Oxford: Oxford University Press, 1994.
• ''Encompassing the Forecasts of U.S. Trade Balance Models'' (with Jaime Marquez), Review of Economics and Statistics, vol. 75 (February 1993), pp. 19-31.
• ''The Power of Cointegration Tests'' (with Jeroen J. M. Kremers and Juan J. Dolado), Oxford Bulletin of Economics and Statistics, vol. 54 (August 1992), pp. 325-48.
• ''Cointegration, Exogeneity, and Policy Analysis: An Overview,'' Journal of Policy Modeling, vol. 14 (June 1992), pp. 251-80.
• ''Monte Carlo Methodology and the Finite Sample Properties of Instrumental Variables Statistics for Testing Nested and Non-nested Hypotheses,'' Econometrica, vol. 59 (September 1991), pp. 1249-77.
• ''Modeling the Demand for Narrow Money in the United Kingdom and the United States'' (with David F. Hendry), European Economic Review, vol. 35 (May 1991), pp. 833-81.
• ''An Econometric Analysis of U.K. Money Demand in 'Monetary Trends in the United States and the United Kingdom' by Milton Friedman and Anna J. Schwartz'' (with David F. Hendry), American Economic Review, vol. 81 (March 1991), pp. 8-38.
• ''Post-simulation Analysis of Monte Carlo Experiments: Interpreting Pesaran's (1974) Study of Non-nested Hypothesis Test Statistics,'' Review of Economic Studies, vol. 53 (August 1986), pp. 691-701.
• ''Asymptotic Properties of Instrumental Variables Statistics for Testing Non-nested Hypotheses,'' Review of Economic Studies, vol. 50 (April 1983), pp. 287-304.