Ellie Mafi-Kreft
Clinical Associate Professor of Business Economics at Kelley School of Business
Schools
- Kelley School of Business
Links
Biography
Kelley School of Business
Areas of Expertise
International Economy, Corporate Social Strategy, Luxury Market
Academic Degrees
- PhD, West Virginia University, 2003
Professional Experience
- Indiana University, Kelley School of Business, Clinical Associate Professor, 2006-Present
- Rose-Hulman Institute of Technology, Assistant Professor of Economics, 2003-2006
- University of Bonn-Germany, Visiting Researcher, 2004
- West Virginia University, Graduate Student Instructor, 1999-2003
Awards, Honors & Certificates
- Kelley School of Business, Elvin S. Eyster Teaching Scholar Award, 2020
- IU Trustees Teaching Award, Kelley School of Business, 2012, 2016
- Kelley School of Business, Innovative Teaching Award, 2016
- Kelley Direct, Outstanding Faculty Teaching Award, 2008
Selected Publications
- Bonser-Neal, C., and Mafi-Kreft, E. (2019). International outlook for 2020: No room for mistakes. Indiana Business Review, 94(4). View Full Text
- Mafi-Kreft, E., and Sobel, R. S. (2006). Does a Less Active Central Bank Lead to Greater Economic Stability? Evidence from the European Monetary Union. The Cato Journal, 26(1), 49-70.
Abstract
Abstract
Substantial disagreement exists among economists about the degree to which central banks should pursue discretionary stabilization policy. Activists believe that central banks can promote greater macroeconomic stability through the use of discretionary policy, while nonactivists (such as the monetarists) do not. In particular, monetarists believe that lags andtiming problems will result in even the best-intentioned discretionary policy actually resulting in less (rather than more) macroeconomic stability. The formation of the European Monetary Union provides a unique opportunity to test whether a shift to a less active central bank has resulted in more or less macroeconomic stability for these countries.
- Mafi-Kreft, E., and Kreft, S. F. (2006). Importing Credible Monetary Policy: A Way for Transition Economies to Fight Inflation? Economics Letters, 92(1), 1-6.
Abstract
Abstract
In the 1990s, transition economies were rearranging their monetary regimes. This paper compares the chosen regimes based on the level of discretionary power and the ability to control inflation. Results show that non-discretionary regimes produce lower and more stable inflation.
Edited on August 5, 2020
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