Bachelor with honors, University Richmond, 1973. Master of Arts, Ohio State University, 1974. Doctor of Philosophy, Ohio State University, 1980.
Assistant professor Muskingum College, New Concord, Ohio, 1977-1979, Denison University, Granville, 1979-1980. Economist Federal Reserve Bank, St. Louis, 1980-1983, senior economist, 1983-1985, research officer, 1985-1987. Senior staff economist Council of Economic Advisers, Washington, 1985-1986.
Deputy assistant secretary United States Department Treasury, 1987-1988. Economist International Monetary Fund, since 1988.
Member American Economic Association, Phi Beta Kappa, Omicron Delta Epsilon, Omicron Delta Kappa.
Married Robin Otis McKean, May 26, 1973. Children: William Edmund, Carrie Lee.