Background
McKibbin, Warwick James was born on April 21, 1957 in Sydney, Australia. Son of Winston James and Helen Yorsten (Norris) McKibbin.
McKibbin, Warwick James was born on April 21, 1957 in Sydney, Australia. Son of Winston James and Helen Yorsten (Norris) McKibbin.
He initially studied at the University of New South Wales where he received a bachelor"s degree with First Class Honors in both Economics and Econometrics and was awarded the University Medal in 1980. McKibbin then studied under Jeffrey Sachs at Harvard University and was awarded a Doctor of Philosophy in Economics in 1986.
He has published more than 200 scholarly articles and several books and is internationally known for his contribution to global economic modeling. He was founding Director of the American National University Research School of Economics until stepping down in mid-2012. He moved to the Crawford School of Public Policy at American National University in August 2012.
He is also an Adjunct Professor of the Australian Centre for Economic Research on Health.
He formed the American National University Centre for Applied Macroeconomic Analysis (Computer-Assisted Mass Appraisal) in 2003 and was the inaugural Director of Computer-Assisted Mass Appraisal. He is also the Professorial Fellow of the Lowy Institute for International Policy in Sydney and a non-Resident Senior Fellow at The Brookings Institution in Washington District of Columbia where he co-directs the Climate Change program McKibbin is President of McKibbin Software Group Incorporated.
The McKibbin-Sachs Global Model is a global economic model developed originally in 1984 jointly with Jeffrey Sachs is a widely used intertemporal general equilibrium model of the world economy.
The G-Cubed Model is a global economic model developed in 1991 jointly with Peter Wilcoxen is a widely used multi-sector intertemporal general equilibrium model of the world economy. The Henderson McKibbin Taylor Rule for Monetary Policy was first proposed by Dale West. Henderson and Warwick McKibbin in 1993 and simultaneously by John B. Taylor.
The McKibbin-Wilcoxen Blueprint also known as the McKibbin Wilcoxen Hybrid.
Professor Warwick McKibbin (Australian National University) and Professor Peter Wilcoxen (Syracuse University) outline various approaches to climate change policy. They argue that the issue of taking action against climate change should be separated from the issue of whether Australia should ratify the Kyoto Protocol. Once the Kyoto Protocol is set aside it is clear that there are better options available.
One such approach is the McKibbin-Wilcoxen Blueprint which is outlined in this article.
They argue that Kyoto Protocol based Carbon trading systems are too inflexible/brittle to attract developing countries (particularly China & India). A better system would need to be flexible enough to refine outcomes over time (as new data become available).
He was a former member of the Board of the Reserve Bank of Australia after being appointed by the Howard Government in July 2001 until the end of his term at the end of July 2011. McKibbin was also a member of the Australian Prime Minister’s Science Engineering and Innovation Council under the Howard Government (2005–2007).
Married Jennifer Kathleen Gippel, May 29, 1982. Children: Rebecca Jay, Patricia Helen, Jordan Warwick.