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Office Location(s): 7767 Haven Hall734.763.9715
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William Clark’s research explores how political and social institutions can simultaneously be the product of human choice and an important determinant of human behavior. Much of his work has focused on the political control of the macroeconomy in an open economy setting. Specifically, he has examined a) the effect of central bank independence, capital mobility, and fixed exchange rates on monetary and fiscal policy choices made by survival-maximizing incumbents; b) the effect of elections and partisanship on macroeconomic outcomes; and the choice of monetary institutions in a world of mobile capital. He has also done some work on the politics of international trade.
He is currently engaged in work on the effect of electoral laws on the choice of the exchange rate regime, the measurement of international capital mobility, the effect of social heterogeneity and electoral laws on legislative fractionalization, the welfare consequences of democracy and the statistical analysis of asymmetric causal claims. In addition he is in the planning stage of a project on the industrial organization of religious “firms.”
5700 Haven Hall505 South State Street
Ann Arbor, MI