Kris James Mitchener
Robert and Susan Finocchio Professor of Economics
Kris James Mitchener is the Robert and Susan Finocchio Professor of Economics at Santa Clara University, Research Associate at the National Bureau of Economic Research (NBER) and the Centre for Competitive Advantage and the Global Economy (CAGE), and Research Fellow at the Centre for Economic and Policy Research (CEPR) and CESifo.
His research focuses on economic history, international economics, macroeconomics, and political economy. He is a leading expert on the history of financial crises, and is currently researching how banking crises redistribute risk in financial networks distribute and can amplify the size of downturns through balance-sheet effects. His current research in international macroeconomics analyzes how commodity-price shocks affect countries' commitments to pegged exchange rates as well as the effects of monetary policy shocks on output and inflation. In political economy, he is working on understanding how financial instruments can be designed to reduce conflict and enable political and economic modernization, as was the case with the issuance of samurai bonds in Meiji Japan.
Professor Mitchener's prior research on sovereign debt crisis explores how the adoption of fixed exchange-rate influences risk spreads and how sovereign debt claims have been enforced historically. His path-breaking study on the Great Depression, published in 2003, demonstrated how the size of credit booms influences the severity of the economic downturns. Prior to his current position, he was professor of economics at the University of Warwick, and from 2009-11, he was the W. Glenn Campbell and Rita-Ricardo Campbell Hoover National Fellow at Stanford University. He has held visiting positions at the Bank of Japan, the Federal Reserve Banks of St. Louis and San Francisco, UCLA, Waseda University, Queens University (Canada), and CREi at Universitat Pompeu Fabra. He is editor of Explorations in Economic History and presently serves on the editorial boards of the Financial History Review, Cliometrica, Economics, and Cambridge University Press. He received his B.A. and Ph.D. from the University of California, Berkeley.