Department of Economics at Illinois State University

George Waters

Associate Professor

Office Address: STV 426J
Office Phone: (309).438.7301
Office Hours:
Contact George Waters (gawater)
Visit George Waters’s Website
Teaching Schedule:
Course NumberSectionCourse NameTimeRoom NumberCourse Links
ECO241.01Intermediate Macroeconomic Theory M W 09:35 - 10:50STV 0434 View Grades
ECO241.02Intermediate Macroeconomic Theory M W 11:00 - 12:15STV 0434 View Grades
ECO441.01Advanced Macroeconomic Theory I M W 14:00 - 15:15STV 0132
Teaching Interests:
Macroeconomics, Money and Banking, Game Theory
 
Research Interests:
Macro/Monetary Economics, Game Theory, Models of Learning, Asset Pricing
 
Education:
Selected Publications:
"Instability in the Cobweb Model under the BNN Dynamic,"  Journal of Mathematical Economics, 2010, 46(2), 230-237.

"Chaos in the Cobweb Model with a New Learning Dynamic,"  Journal of Economics Dynamics and Control, 2009, 33(6), 1201-1216.

“Learning, Commitment and Monetary Policy”, Macroeconomic Dynamics, 2009, 13(4), 421-449.

"Unit Root Testing for Bubbles:  A Resurrection?”, Economics Letters, 2008, 101(3), 279-281.

 “Interest Rate Pass Through and Asymmetric Adjustment:  Evidence from the Federal Funds Rate Operating Target Period” with James E. Payne, Applied Economics, 2008, 40(11), 1355-1362.

“An Evolutionary Game Theory Explanation of ARCH” with William R. Parke, Journal of Economic Dynamics and Control, 2007, 31(7), 2234-2262.

“Regime Changes, Learning and Monetary Policy”, Journal of Macroeconomics, 2007, 29(2), 255-282.

“REIT Markets and Rational Speculative Bubbles:  An Empirical Investigation” with James E. Payne, Applied Financial Economics, 2007, 17(9), 747-753.

“Have Equity REITs Experienced Periodically Collapsing Bubbles?” with James E. Payne, Journal of Real Estate Finance and Economics, 2007, 34(2), 207-224.