Robert N McCauley

In 2005-2008 he served as Chief Representative for Asia and the Pacific of the BIS after joining the BIS Asian Office in 1998. Before joining the BIS, he worked for 13 years for the Federal Reserve Bank of New York serving at times as chief economist for the interagency committee of bank supervisors that rates country risk. There he wrote on international comparisons of the cost of capital, foreign bank lending to US corporations and the unprofitability of foreign direct investment in the US. In 1988, he worked for the Joint Economic Committee of the US Congress. In 1992 he taught international finance and the multinational firm at the University of Chicago's Graduate School of Business. He serves on the Council of Management of SUERF, the European Money and Finance Forum.

Fields of interest

• International finance
• Financial markets

Selected Publications

• The Euro and the Dollar. Princeton, 1997.
• Dodging Bullets: Changing US Corporate Capital Structures in the 1980s and 1990s (with Judith Ruud and Frank Iacono), MIT Press, 1999.
• Official Reserves and Currency Management in Asia: Myth, Reality and the Future (with Hans Genberg, Yung Chul Park and Avinash Persaud), 7th Geneva Report on the World Economy, International Center for Monetary and Banking Studies and the CEPR, 2005.
• "Hong Kong and Shanghai: yesterday, today and tomorrow" (with Eric Chan in Takatoshi Ito and Andrew Rose), eds, Financial sector development in the Pacific Rim, East Asia Seminar on Economics, Volume 18, University of Chicago Press, 2009.
• "La gestion du renminbi depuis 2005" (with Guonan Ma, in "Finance Chinoise", Revue d'économie financière, no 102, June, pp 163-181.