George Waters

- About
- Education
- Research
Biography
George Waters is an Professor of Economics whose primary research interests are in Macro/Monetary Economics, Game Theory, Time Series and Models of Learning. One area of his work uses an Evolutionary Game Theory approach to show how changes in forecasting strategies among traders in asset markets can explain many features of stock market bubbles. Another stand of research focuses on modeling credit markets and their relationship to the macroeconomy. Professor Waters' work appears in the Journal of Economic Dynamics and Control, the Journal of Mathematical Economics and Macroeconomic Dynamics. He has a wide range of teaching experience from elementary to graduate level including courses in mathematical economics, money and banking, graduate macroeconomics, and game theory at Washington and Lee University and Illinois State Univerity.
Current Courses
ECO 441.001 Advanced Macroeconomic Theory I
ECO 241.001 Intermediate Macroeconomic Theory
ECO 439.001 Applied Time Series Econometrics And Forecasting
ECO 241.001 Intermediate Macroeconomic Theory
ECO 215.001 Money And Banking
Teaching Interests & Areas
Macroeconomics, Money and Banking, Game Theory
Research Interests & Areas
Macro/Monetary Economics, Game Theory, Models of Learning, Asset Pricing
Ph D Economics
MS Mathematics
BA Mathematics
Book, Chapter
Journal Article
“On the Evolutionary Stability of Rational Expectations” with William R. Parke, Macroeconomic Dynamics, 2014, 18(7), 1581-1606
“Quantity Rationing of Credit and the Phillip’s Curve” Journal of Macroeconomics, 2013, 13, 68-80
“Quantity versus Price Rationing of Credit: An Empirical Test” International Journal of Financial Studies, 2013, 1, 45-53
“Dangers of Commitment under Rational Expectations” Journal of Economics and Finance, 2011, 35(4), 371-381
“Instability in the Cobweb Model under the BNN Dynamic” Journal of Mathematical Economics, 2010, 46(2), 230-237