Background
Waud, Roger Neil was born on March 26, 1938 in Detroit, Michigan, United States. Son of Othneil Stockwell and Mary Josephine (Gough) Waud.
Waud, Roger Neil was born on March 26, 1938 in Detroit, Michigan, United States. Son of Othneil Stockwell and Mary Josephine (Gough) Waud.
Bachelor of Arts, Harvard University, 1960; Master of Arts, University of California, Berkeley, 1962; Doctor of Philosophy (Ford Foundation fellow), University of California, Berekley, 1965.
Assistant professor business economics Graduate School Business University Chicago, 1964-1969. Associate professor economics University North Carolina, Chapel Hill, 1969-1972, professor, 1972-1997, professor emeritus, since 1997. Senior economist, board governors Federal Reserve Systems, Washington, 1973-1975.
Professor, director graduate economics program Virginia Polytechnic Institute, 1997—2002. Consultant Department Labor. Member advisory board Taxpayers Educational Coalition, 1981.
Research associate National Bureau Economic Research, 1982—1992. Visiting scholar Cambridge University, 1983. Member North Carolina Energy Policy Council, 1986—1992.
Visiting professor Duke University, 1992—1994.
Early work focussed on problems of estimating and identifying distributed lag models commonly used in consumption and investment studies. Subsequently became interested in problems of estimating
and testing for effects of monetary and fiscal policy. Later research along these lines examined the role of supply-side versus demand-side effects in explaining the output-inflation trade-official
Have tried to develop and emphasise concept of money’s role as a contrivance for dealing with the lack of synchronisation both in time and magnitude between income and outlay, and to integrate this concept into portfolio theory.
Member of Southern Economic Association (executive committee 1977-1979), American Economic Association.
Children: Heather, Neil.