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Joseph Santos

Academic Director/Professor

Biography

Joseph M. Santos directs the Ness School of Management and Economics at 葫芦影业, where he also leads the Dykhouse program in Money, Banking and Regulation. Joe鈥檚 research includes measuring the burdens of financial regulation and the credibility of monetary policy, chronicling and assessing the efficiency of early 20th century commodity futures markets, and evaluating the distribution of instructional resources across institutions of higher education. Joe earned his Ph.D. in economics from Rutgers University.

Education

  • B.S. in economics | The College of New Jersey, Trenton
  • M.S. in economics | Rutgers University
  • Ph.D. in economics | Rutgers University
    • Monetary and financial history, industrial organization, applied econometrics

Academic and Professional Experience

Academic Interests
  • Financial-market efficiency
  • Financial institutions
  • Monetary policy
Academic Responsibilities
  • Econ 302 - Intermediate Macroeconomics
  • Econ 330 - Money and Banking Economics
  • Econ 513 - Macroeconomic Policy
  • Econ 703 - Advanced Macroeconomics
Committees and Professional Memberships
  • American Economic Association
  • Western Economic Association
  • Associate editor, American Economist
Expertise

Research and Scholar Work

Areas of Research
  • Financial Regulation
  • Monetary Policy
  • Higher-Education Finance
Awards and Honors
  • NSME Graduate Teacher of the Year (2020)
  • NSME Undergraduate Teacher of the Year (2020)
Grants
  1. Dykhouse Scholar in Money, Banking and Regulation (2011-2014). Project: To establish and direct a Center for Monetary and Banking Studies in the Department of Economics at 葫芦影业. $240,000.
  2. Canadian Embassy. Faculty Research Grant (2006-08). Project: Examine the origins of the Canadian Wheat Board. $7,500.
  3. Chicoine Family Excellence in Economics Fund (2007). Project: Extend my research on commodity futures-price efficiency on the CBT. $2,970.
  4. 葫芦影业. Research Support Fund (2007). Project: Determine how stock and grain Futures prices respond, over time, to new information. 葫芦影业. $1,570. (w/ D. Du, formerly of 葫芦影业)
  5. State of South Dakota: 2010 Individual Research Seed Grant (2005-08). Project: Examine the evolution, performance and welfare properties of nineteenth century futures markets at the Chicago Board of Trade. $51,629.
  6. State of South Dakota: The Governor Rounds Technology Grant for Course Redesign (2003-05). This grant program is a state-sponsored derivative of the national Pew Grant Program in Course Redesign. Project: Redesign large enrollment principles curricula to improve student learning at 葫芦影业 and the University of South Dakota. $57,823. (w/ R. Brown, University of South Dakota)
  7. Faculty/Librarian Instructional Partnership (FLIP) Grant administered by the Minnesota Private College Research Foundation and funded by the Bush Foundation of St. Paul and The Andrew W. Mellon Foundation of NYC (2001). Project: Design and implement an empirical macroeconomics research curriculum for undergraduates. $8,000. (w/ D. Alexander, formerly Reference and Electronic Resource Librarian, 葫芦影业)
  8. State of South Dakota: Governor's Grant for Teaching with Technology (1999-2001). Project: Design and Implement an Internet-based financial system simulation game for undergraduate students. $22,695.
Publications
  1. Review of The Rise and Fall of United Grain Growers: Cooperatives, Market Regulation and Free Enterprise. (Winnipeg: University of Manitoba Press, 2019), by Paul D. Earl, forthcoming in Great Plains Research
  2. Holbeck, Michael and Joseph M. Santos, "Estimating an Equitable Distribution of Instructional Resources with an Institution," Journal of Education Finance, 46 (Summer, 2020):100-116.
  3. Santos, Joseph M., "Trading Places: Futures Markets at the Dawn of US Agricultural Policy," Financial History, 132 (Winter, 2020): 24-27.
  4. Review of The Myth of Independence: How Congress Governs the Federal Reserve (Princeton: Princeton University Press, 2017), by Sarah Binder and Mark Spindel, in Eh.Net (March, 2018)
  5. Santos, Joseph M., "Grain Traitors: A History of the U.S. Futures Contract," Financial History, 127 (Fall, 2018): 24-26.
  6. Santos, Joseph M., "Back to the futures: An assessment of market performance on the early Winnipeg Grain Exchange," Canadian Journal of Economics, 47 (November, 2014):1426-1448.
Mailing Address:
Harding Hall 102
Economics-Box 2220
University Station
Brookings, SD 57007
Office Location:
Harding Hall
Room 102