Staff profile

Dr Jan Libich

Senior Lecturer

Faculty of Business, Economics and Law

School of Economics

Melbourne (Bundoora)

 

Qualifications

PhD (Economics): University of New South Wales, Sydney

Membership of professional associations

- Research Associate, CAMA, ANU (Macroeconomic Policy Frameworks section) - Economic Design Network - Economic Society of Australia - American Economic Association

Area of study

Economics

Brief profile

Jan Libich joined the Department of Economics and Finance, La Trobe University in July 2005. Prior to this appointment he completed his PhD at the School of Economics, University of New South Wales in Sydney. Jan’s research centres around macroeconomics, with special focus on monetary and fiscal theory and policy, but his recent work has also covered the fields of game theory and sports economics.

Jan has been a Research Associate of the Centre for Applied Macroeconomic Analysis, ANU. Over the past six years Jan has given over seventy invited seminar/conference presentations, including those at the 2008 and 2012 American Economic Association meetings, the International Monetary Fund (Washington D.C.), the London School of Economics, and a number of leading central banks such as the European Central Bank.

With his co-authors he received a large grant by the Australian Research Council grant (2008-2011) to examine the interactions between fiscal and monetary policy, and their economic and welfare consequences. His one-hour video interviews with prolific central bankers, politicians, and academics on various macroeonomic topics can be found at www.youtube.com/user/JanLibich1 or www.itunes.apple.com/us/itunes-u/real-world-economic-policy/id561548101.

Teaching units

- Central Banks and Monetary Policy (third year, enrolment 40) - Macroeconomics (first year, enrolment 400) - Macroeconomic Theory (second year, enrolment 400) - Managerial Economics (second year, enrolment 140)

Recent publications

(the papers can be downloaded at www.janlibich.com)

 

ACADEMIC PAPERS

 

·        Lenten, L., Libich, J., and Stehlík, P. (2013), ‘Policy Timing and Footballers’ Incentives: Penalties Before or After Extra-time?’ forthcoming at the Journal of Sports Economics

·        Hughes Hallett, A. and Libich, J. (2012), ‘Explicit Inflation Targets, Communication, and Central Bank Independence: Friends or Foes?', Economic Change and Restructuring, 45(4), pp271-297

·        Libich, J. and Stehlík, P. (2012), ‘Monetary Policy Facing Fiscal Indiscipline Under Generalized Timing of Actions’, Journal of Institutional and Theoretical Economics, 168(3), pp393-431

·        Libich, J. (2011), ‘Inflation Nutters? Modelling the Flexibility of Inflation Targeting’, The B.E. Journal of Macroeconomics (Topics), 11(1), Article 17

·        Libich, J. and Stehlík P. (2011), ‘Endogenous Monetary Commitment’, Economics Letters, 112, pp103–106

·        Hughes Hallett, A., Libich, J., and Stehlík P. (2010), ‘Macroprudential Policies and Financial Stability’, the Economic Record, 87(277), pp318-335

·        Libich, J. and Stehlík, P. (2010), ‘Incorporating Rigidity and Commitment in the Timing Structure of Macroeconomic Games’, Economic Modelling, Elsevier, 27, pp767–781

·        Libich, J. (2009), ‘A Note on the Anchoring Effect of Explicit Inflation Targets’, Macroeconomic Dynamics, Cambridge University Press, Volume 13(5), pp685–697

·        Hughes Hallett, A., Libich, J., and Stehlík P. (2009), 'Rogoff Revisited: The Conservative Central Banker Proposition Under Active Fiscal Policies', Economics Letters, Elsevier, Volume 104(3), pp140-143

·        Libich, J. (2008), ‘An Explicit Inflation Target as a Commitment Device’, Journal of Macroeconomics, Elsevier, Volume 30(1), pp43-68

·        Hughes Hallett, A. and Libich, J. (2007), ‘Fiscal-Monetary Interactions: The Effect of Fiscal Restraint and Public Monitoring on Central Bank Credibility, Open Economies Review, Springer, Volume 18(5), pp559-576

 

POLICY PAPERS AND SPECIAL ISSUES

·        Libich, J., Savage, J., and Walsh, C.E. (2011), ‘Monetary-Fiscal Interactions: How To Improve Policy Outcomes?’ Symposium at ACE 2010, Economic Papers, 30(1), pp1-5

·        Franta, M., Libich, J. and Stehlík P. (2011), ‘The Big Picture of Monetary-Fiscal Interactions?’, Symposium at ACE 2010, Economic Papers, 30(1), pp6-14

·        Hughes Hallett, A., Libich, J., and Stehlík P. (2010), ‘Welfare Improving Coordination of Fiscal and Monetary Policy’, AUCO Czech Economic Review, 5, pp7-26

·        Libich, J., Stehlík P. and Savage, J. (2010), ‘Fiscal Neglect in a Monetary Union’, Economic Papers, 29(3), pp301-309

·        Libich, J. and Savage, J. (2010), ‘Tethering the Fiscal Sow: Monetary Policy that Keeps Pork in the Sty’, Policy 26(3), Spring, pp14-19

·        Harding, D. and Libich, J. (2010) ‘Froth and Bubble: The State of Paul Krugman's Macroeconomic Analysis’, Agenda, 17(1), pp83-88

·        Libich, J. and Stehlík, P. (2008), ‘Macroeconomic Games on Time Scales’, Dynamic Systems and Applications, Volume 5, pp274-278

·        Libich, J. (2006), ‘Should Monetary Policy Be Transparent?’, Policy 22(1), Autumn, pp28-34