World's Best Scientists 2026 revealed!

D-Index & Metrics

Economics and Finance

D-Index
47
Citations
19136
World Ranking
1546
National Ranking
930

Overview

Neil Wallace is affiliated with Pennsylvania State University in the United States. Their research primarily falls within the broad field of Economics, Econometrics, and Finance, with a specific focus on Economics and Econometrics as well as General Economics, Econometrics, and Finance. Their work spans multiple aspects of economic theories and models, economic theory and policy, monetary policy and economic impact, and economic theory and institutions.

Their publication record includes contributions to respected academic journals. Notable recent papers include:

  • "CONVENTIONAL" MONETARY POLICY IN OLG MODELS: REVISITING THE ASSET-SUBSTITUTION CHANNEL, 2022, International Economic Review
  • Optimal Provision of Costly Currency, 2021, Journal of Money Credit and Banking

Neil Wallace has collaborated frequently with several co-authors, including:

  • Wei Qiao
  • Guanliang Hu
  • Guoxuan Ma

Their research has appeared primarily in the following publication venues:

  • International Economic Review
  • Journal of Money Credit and Banking

The main areas of their scholarly contributions involve:

  • Economic theories and models
  • Economic Theory and Policy
  • Monetary Policy and Economic Impact
  • Economic Theory and Institutions

Best Publications

  • Some Unpleasant Monetarist Arithmetic

    Thomas J. Sargent;Neil Wallace

  • "Rational" Expectations, the Optimal Monetary Instrument, and the Optimal Money Supply Rule

    Thomas J. Sargent;Neil Wallace

  • Rational expectations and the theory of economic policy

    Thomas J. Sargent;Neil Wallace

  • Deposit Insurance and Bank Regulation: A Partial-Equilibrium Exposition

    John H. Kareken;Neil Wallace

  • A modigliani-miller theorem for open-market operations

    Neil Wallace

  • On the indeterminacy of equilibrium exchange rates

    John H Kareken;Neil Wallace

  • Rational Expectations and the Dynamics of Hyperinflation

    Thomas J. Sargent;Neil Wallace

  • THE STABILITY OF MODELS OF MONEY AND GROWTH WITH PERFECT FORESIGHT

    Thomas J. Sargent;Neil Wallace

  • The Real-Bills Doctrine versus the Quantity Theory: A Reconsideration

    Thomas J. Sargent;Neil Wallace

  • Another Attempt to Explain an Illiquid Banking System: The Diamond and Dybvig Model With Sequential Service Taken Seriously

    Neil Wallace

  • The overlapping-generations model of fiat money

    Neil Wallace

  • The overlapping-generations model of fiat money

    Neil Wallace

  • Whither Monetary Economics

    Neil Wallace

  • A Legal Restrictions Theory of the Demand for "Money" and the Role of Monetary Policy *

    Neil Wallace

  • Inside and outside money as alternative media of exchange

    Ricardo de O. Cavalcanti;Neil Wallace

  • Inside and outside Money as Alternative Media of Exchange

    Ricardo De O. Cavalcanti;Ricardo De O. Cavalcanti;Neil Wallace

  • Models of monetary economies

    Stephen J. Turnovsky;John H. Kareken;Neil Wallace

  • A Model of Private Bank-Note Issue

    Ricardo de O. Cavalcanti;Neil Wallace;Neil Wallace

  • Incomplete Record-Keeping and Optimal Payment Arrangements

    Narayana Kocherlakota;Neil Wallace;Neil Wallace

  • A Banking Model in Which Partial Suspension Is Best

    Neil Wallace

  • Coexistence of money and interest-bearing securities

    S. Rao Aiyagari;Neil Wallace;Randall Wright

  • Contractual Arrangements for Intertemporal Trade

    Edward C. Prescott;Neil Wallace

  • Rational Expectations, the Optimal Monetary Instrument, and the Optimal Money Supply Rule: Working Paper No. 25

    Thomas Sargent;Neil Wallace

Frequent Co-Authors

Thomas J. Sargent
Thomas J. Sargent New York University
Zvi Griliches
Zvi Griliches Harvard University
Robert E. Lucas
Robert E. Lucas University of Chicago
Narayana R. Kocherlakota
Narayana R. Kocherlakota University of Rochester
Randall Wright
Randall Wright University of Wisconsin–Madison
Edward C. Prescott
Edward C. Prescott Arizona State University
Robert J. Shiller
Robert J. Shiller Yale University
Karl Shell
Karl Shell Cornell University
Dale T. Mortensen
Dale T. Mortensen Northwestern University

If you think any of the details on this page are incorrect, let us know.

Report an issue

We appreciate your kind effort to assist us to improve this page, it would be helpful providing us with as much detail as possible in the text box below:

Related Online Degrees & Career Pathways

Exploring Economics and Finance in the USA opens doors to a wide range of online degrees tailored to modern industry needs. One popular option is pursuing an online masters in business intelligence, which equips students with advanced analytics and data-driven decision-making skills in business environments.

For those seeking leadership roles, business administration remains a top choice. Flexible mba programs online no gmat are increasingly accessible, allowing students to bypass standardized testing and fast-track their studies. Additionally, cost-effective education is possible with an online mba under 40k, making quality business training more affordable.

As digital marketing grows, pursuing a social media marketing major is a strategic move for future professionals interested in digital branding and audience engagement.

These pathways enhance flexibility and career potential for those ready to take the next step in economics, finance, or beyond.

Best Scientists Citing Neil Wallace

Trending Scientists

Recently Published Articles