Knowledge & Expertise

Faculty and Instructors

Wisconsin School of Business

James (Jim) Johannes

Professor - Executive Education, Finance, Puelicher Center
Aschenbrener Chair of Banking

James M. Johannes is associate dean for executive education, Aschenbrener Professor of Banking, and director of the Puelicher Center for Banking Education at the Wisconsin School of Business. Previously, he held positions with the business school as the senior associate dean, associate dean of undergraduate programs, and of administration. He chaired the Department of Finance, Investment, and Banking at the Wisconsin School of Business from 1986-1996.

His research interests focus on banking and financial institutions and monetary economics and policy. He has published a book on control of the money supply, a strategic planning manual for credit unions, and numerous articles on monetary policy and banking.

In addition to his teaching duties in the areas of banking and financial institutions at UW-Madison, he was a member of the Economic Forecast Advisory Council of the State of Wisconsin’s Department of Revenue. He has been a faculty representative on UW-Madison’s Athletic Board and the Athletic Board Finance Committee. Johannes chaired the State of Wisconsin Department of Financial Institution’s committee to rewrite the Wisconsin Consumer Act, and was a member of the Governor’s Commission on UW System Compensation. He has served as a faculty member in the Prochnow Graduate School of Banking, the ABA School of Real Estate Finance, CUNA Management School, and the Mortgage Bankers Association School of Mortgage Banking.

Johannes taught economics at Michigan State University from 1976 to 1983.

He received his B.A., M.S., and Ph.D. degrees in economics from the University of Wisconsin-Madison.
 

Selected Published Journal Articles

Johannes, J., & Maxwell, T. (2010). Merger Math. Journal of Financial Education (36), 61-79.
Johannes, J. (1992). Beyond Textbook Asset-Liability Management. Journal of Retail Banking (Fall 1992), 23-27.
Johannes, J., Koch, P., & Rasche, R. (1985). Estimating Regional Construction Cost Differences: Theory and Evidence. Managerial and Decision Economics, 69-78.
Johannes, J., & Nasseh, A. (1985). Income or Wealth in Money Demand: An application of Non-Nested Hypothesis Tests. Southern Economic Review, 1099-1106.
Johannes, J., & Hamermesh, H. (1985). Food Stamps as Money: The Macroeconomics of a Transfer Program. Journal of Political Economy (93), 205-213.
Johannes, J., & Ahmed, E. (1984). St. Louis Equation Restrictions and Criticisms Revisited. Journal of Money, Credit, and Banking, 514-520.
Johannes, J., & . (1983). A New Look at the Relationship Between Time Series and Structural Econometric Models. Journal of Econometrics (23), 235-251.
Johannes, J., & Feige, E. (1982). Was the United States Responsible for World Wide Inflation Under the Regime of Fixed Exchange Rates?. Kyklos (35), 263-277.
Johannes, J., & Feige, E. (1981). Testing the Causal Relationship Between the Domestic Credit and Reserves Components of a Country's Monetary Base. Journal of Macroeconomics (3), 55-76.
Johannes, J., & . (1981). Testing the Shift Adjustment in the Federal Reserve's New Shift Adjusted M1-B. Economics Letters (8), 367-372.
Johannes, J., & Rasche, R. (1981). Can the Reserves Approach to Monetary Control Really Work?. Journal of Money, Credit, and Banking, 298-313.
Johannes, J. (1981). Testing and Exogeneity Specification Underlying the Monetary Approach to the Balance of Payments. Review of Economics and Statistics, 29-35.
Johannes, J., Rasche, R., & . (1980). Additional Information of Significance Values for Durbin's C+, C- and C Statistics. Biometrika (67), 511-514.
Johannes, J. (1980). In Defense of the Venerable IS-LM Framework. Journal of Economics (XIV), 207-210.
Johannes, J. (1979). An Example of How the Control Variate Method Reduces Noise in Monte Carlo Experiments. Communications in Statistics - Theory and Methods (B8), 355-347.
Johannes, J., & Rasche, R. (1979). Predicting the Money Multiplier. Journal of Monetary Economics, 301-325.

Professional Organizations

American Economic Association


Presentations


Forecasting Money Multipliers in a Changing Financial Environment


The Ex-ante Forecasting Abiity of Johannes-Rasche Multiplier Models


The Relationship Betwenn Time Series and Structural Econometric Models

Annual Meeting
Issues in a reserve Aggreage Approach to Control of the Money Stock

Annual Meeting
Predicting the Money Multiplier

Annual Meeting
Some Tests of the Monetarist Model of International Inflation

Photograph of James Johannes

James (Jim) Johannes

 
Professor | Executive Education, Finance, Puelicher Center
Aschenbrener Chair of Banking
(608) 265-4488
5181C Grainger Hall