What will you find on this site?

Jerry Dwyer – more formally Gerald P. Dwyer, Jr. – is an economist who currently is a Visiting Professor and BB&T Scholar at Clemson University. I also am an Adjunct Professor at the University of Carlos III in Madrid and at Trinity College, Dublin. From 1997 to 2012, I was Director of the Center for Financial Innovation and Stability and a Vice President at the Federal Reserve Bank of Atlanta.

Stock prices from 1990 to 2009

I am fascinated by financial developments such as the increases — and decreases — in stock prices illustrated on this page. Part of my research is on the why these things happen.

The crash in stock market prices in 2008 and 2009 was associated with the financial crisis in September and October, 2008. My related research on this is discussed on the page Crises and banking


100 trillion dollar Zimbabwean billI also am am very interested in monetary developments. Their mismanagement is graphically — and tragically — illustrated by this Zimbabwean 100 trillion dollar bill.

In addition, my recent research interests also includes: banking and financial markets more generally than when when they perform badly; economic growth and financial development; and the digital revolution. Research papers and data are available in the links.

Some code on random number generators also is available in the programming link. The code is useful to me and may be useful to you. The errors mentioned in the articles and avoided in the code still occur. The code is in C, but it isn’t hard to translate to other languages.

Not surprisingly, these diverse topics are related in my mind. One tie between some of them is my interest in the Digital Revolution and its implications.

The pages at the links on the left have copies of recent working papers and descriptions of some recent published articles. The pages also have links to related material.

For Spring 2013, I am teaching a Ph.D. course in time-series econometrics in the John. E. Walker Department of Economics at Clemson University. I have been teaching a special-topics course for Ph.D. business students at the University of Carlos III in Madrid since 2005. Since 2009, I have taught the Financial Econometrics course in the Masters in Finance program at Trinity College, Dublin. While at the Federal Reserve Bank of Atlanta, I also have taught at the University of Rome, the University of Georgia, Emory University and Georgia State University. Some information related to these courses is available at the courses link in the menu.

My vitae and some other less academic material are available at the link about me. Some material on a personal interest of mine – sailing – also is available there.

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I hope that you find the information here useful. Comments are welcome.