Contact Information
202-452-2343
dale.henderson@frb.gov

Fields of Interest
Open Economy Macroeconomics
Monetary Economics
Monetary Policy

Education
Ph.D., Economics, Yale University, 1979
M.Sc., Economics, London School of Economics, 1965
B.A., History, Wesleyan University, 1963

Professional Experience
Board of Governors of the Federal Reserve System, 1971-present
Visiting Professor, Georgetown University, 1998-Present
Visiting Professor, Yale University, 1996-1996
Professor, Georgetown University, 1984-1989
Lecturer, University of Pennsylvania, 1968-1971

Selected Publications

• ''The Choice of a Monetary Policy Reaction Function in a Simple Optimizing Model'' (with Jinill Kim), in Axel Leijonhufvud, ed., Monetary Theory and Policy Experience. New York: Palgrave, 2001.
• ''Optimal Monetary Policy with Staggered Wage and Price Contracts'' (with Christopher Erceg and Andrew Levin), Journal of Monetary Economics, vol. 46 (2000), pp. 282-313.
• ''Exact Utilites Under Alternative Rules in a Simple Macro Model with Optimizing Agents'' (with Jinill Kim), International Tax and Public Finance, vol. 6 (1999), pp. 507-35.
• ''Uncertainty, Instrument Choice, and the Uniqueness of Nash Equilibrium: Microeconomic and Macroeconomic Examples'' (with Ning Zhu), in S. Eijffinger and H. Huizinga, eds., Positive Political Economy: Theory and Evidence. Cambridge: Cambridge University Press, 1998.
• ''An Assessment of Some Basic Monetary Policy Regime Pairs: Analytical and Simulation Results from Simple Multiregion Macroeconomic Models'' (with Warwick McKibbin), in R. Bryant, P. Hooper, and C. Mann, eds., Evaluating Policy Regimes: New Research in Empirical Macroeconomics. Washington: The Brookings Institution, 1993.
• ''A comparison of Some Basic Monetary Policy Regimes for Open Economies: Implications of Different Degrees of Instrument Adjustment and Wage Persistence'' (with Warwick McKibbin), Carnegie-Rochester Series of Public Policy, vol. 39 (1993), pp. 221-317.
• Monetary Policy in Interdepenent Economies: A Game Theoretic Approach (with Matthew Canzoneri). Cambridge: MIT Press, 1991.
• ''Is Sovereign Policymaking Bad?'' (with Matthew Canzoneri), Carnegie-Rochester Series on Public Policy, vol. 28 (1988), pp. 93-140.
• ''Information Content of the Interest Rate and Optimal Monetary Policy'' (with Matthew Canzoneri and Kenneth Rogoff), Quarterly Journal of Economics, vol. 98 (November 1983), pp. 545-66.
• ''Market Anticipations of Government Policies and the Price of Gold'' (with Stephen Salant), Journal of Political Economy, vol. 86 (August 1978), pp. 627-48.