Ronnie took up the Adam Smith Chair of Political Economy at Glasgow in January 2005, having been Professor of International Finance at the University of Strathclyde since 1992. He holds degrees from Heriot-Watt University and the University of Manchester. He has a wide range of interests in the general areas of macroeconomics and international finance, has published over 130 articles in peer-reviewed journals and has authored or edited 12 books. His work on exchange rate modelling has been influential in the academic literature and also for practitioners and policy makers. For example, his behavioural equilibrium exchange rate (BEER) approach, developed jointly with Peter Clark at the IMF, has been widely used by central banks and the wider financial community to assess the degree of misalignment of major currencies.
Ronald MacDonald is a Fellow of the Royal Society of Edinburgh; Research Fellow of the CESifo Research Network Munich; and an International Fellow of the Kiel Institute of Economics. He is an associate editor for six economics journals, has been a consultant and visiting scholar at the IMF on 14 separate occasions and has presented his five-day course on the economics of exchange rates on seven separate occasions at the IMF Institute. In addition, he has acted as a consultant to many organisations including the European Commission, a wide range of central banks and a number of private sector financial institutions. Ronnie has consistently been ranked in the top two per cent of economists in the world in the IDEAS/RePEc ranking. |
