LINDA L. TESAR



Department of Economics
University of Michigan
Ann Arbor, MI 48109-1220
(313) 764-2355
Fax: (313) 764-2769
E-mail: ltesar@econ.lsa.umich.edu

PERSONAL INFORMATION

Born July 21, 1961
Married (Joe Tesar) with two children (Jacob, born 1991; Caleb, born 1997).

PRESENT POSITION

Associate Professor, Department of Economics, University of Michigan

EDUCATION

Ph.D. (Economics) University of Rochester, 1990
M.A. (Economics) University of Rochester, 1988
B.S. (Economics) University of Minnesota, 1984, summa cum laude
B.A. (International Relations) University of Minnesota, 1984, summa cum laude

PROFESSIONAL EXPERIENCE

FIELDS OF SPECIALIZATION

International Finance, International Trade, Macroeconomics.

DISSERTATION

Cyclical Fluctuations and International Trade, Fall 1990.

JOURNAL ARTICLES

  1. "Savings, Investment and International Capital Flows," Journal of International Economics 31, pp. 55-78, 1991.

  2. "International Risk-sharing and Non-traded Goods," Journal of International Economics 35, pp. 69-89, 1993.

  3. "Effective Tax Rates in Macroeconomics: Cross-Country Estimates of Tax Rates on Factor Incomes and Consumption," (jointly with Enrique Mendoza and Assaf Razin) Journal of Monetary Economics, vol. 34, no. 3, pp. 297-323, 1994.

  4. "U.S. Equity Investment in Emerging Stock Markets," (jointly with Ingrid Werner) World Bank Economic Review, vol. 9 no. 1: 109-129, 1995.

  5. "Tastes and Technology in a Two-Country Model of the Business Cycle: Explaining International Co-Movements," (jointly with Alan C. Stockman) American Economic Review, vol. 85, no. 1: 168-185, 1995.

  6. "Home Bias and High Turnover," (jointly with Ingrid M. Werner), Journal of International Money and Finance, vol. 14, no. 4, pp. 467-92, 1995.

  7. "Evaluating the Gains from International Risksharing," Carnegie-Rochester Conference Series on Public Policy, vol. 42, pp. 95-143, 1995.

  8. "U.S. Equity Investment in Foreign Markets: Portfolio Rebalancing or Return Chasing?" (jointly with Henning Bohn), American Economic Review: Papers and Proceedings, May 1996.

OTHER PUBLICATIONS

  1. Workbook in International Economics, co-authored with Carsten Kowalczyk, Scott Foresman/Little Brown, 1989. Second edition, 1993.

  2. "International Equity Transactions and U.S. Portfolio Choice," (jointly with Ingrid Werner), The Internationalization of Equity Markets, ed. by J. A. Frankel, Chicago: University of Chicago Press, 1994.

  3. Review of Saving and Investment in a Global Economy by Barry P. Bosworth, in the Journal of Economic Literature, March 1995, pp. 221-3.

  4. Review of Capital Mobility: The Impact on Consumption, Investment and Growth, ed. by Leornardo Leiderman and Assaf Razin, for the Journal of International Economics, forthcoming 1995.

  5. "U.S. Portfolio Investment in Asian Capital Markets," (jointly with Henning Bohn), forthcoming in Managing Capital Flows and Exchange Rates: Lessons from the Pacific Basin, Cambridge University Press, 1997.

WORKING PAPERS

  1. "The U.S. Investment Portfolio and Mean-Variance Optimization," (jointly with Henning Bohn), UCSB Working Paper, June 1995.

  2. "International Ramifications of Tax Reforms," (jointly with Enrique Mendoza), UCSB Working paper, February 1995.

WORK IN PROGRESS

  1. "Global Spanning Opportunities on Domestic Stock Markets," with Patrick Rowland.
  2. "International Tax Competition," with Enrique Mendoza.

Associate Editor:

Journal of International Economics

Editorial Board:

Journal of Economic Integration

Referee for:

    American Economic Review
    Canadian Journal of Economics
    Econometrica
    Economic Inquiry
    Economic Journal
    European Economic Review
    International Economic Review
    Journal of Comparative Economics
    Journal of Economic Dynamics and Control
    Journal of Economic Literature
    Journal of Finance
    Journal of International Economics
    Journal of International Money and Finance
    Journal of Macroeconomics
    Journal of Monetary Economics
    Journal of Money, Credit and Banking
    Journal of Political Economy
    National Science Foundation
    Quarterly Review of Business and Economics
    Resources and Energy Economics
    Review of Economics and Statistics
    Review of International Economics
    Scandinavian Journal of Economics

PROFESSIONAL AFFILIATIONS

    American Economic Association
    Association of Faculty Women
    Committee on the Status of Women in Economics
    Econometric Society
    Western Economic Association

SCHOLARSHIPS AND GRANTS:

Faculty Career Development Award, UCSB, 1994-1995.
World Bank, joint research with Ingrid Werner on equity investment in developing countries, 1993.

COURSES TAUGHT

    Money and Finance, Ph.D. course.
    International Finance, Ph.D. course.
    International Trade, Ph.D. course.
    International Trade, undergraduate course.
    Macroeconomics, Ph.D. course.

RECENT PRESENTATIONS (SINCE JANUARY 1995)

International Ramifications of Tax Reforms

    University of Pennsylvania, March 1995.
    Western Economic Association, San Diego, July 1995.
    National Bureau of Economic Research Summer Institute, July 1995.
    University of Texas, October 1995.
    University of Houston/Rice University, October 1995.
    Arizona State University, December 1995.
    UCLA, January 1996.
    Society for Economic Dynamics and Control, Mexico City, June 1996.
    University of Michigan, October 1996.
    University of California, Irvine, January 1997.
    University of California, Riverside, March 1997.

The U.S. investment portfolio and Mean-variance optimization

    University of California, San Diego, May 1996.
    University of Washington, May 1996.
    University of Rochester, October 1996.

Home Bias in Investment Portfolios

    Canadian Investment Review and University of British Columbia, Whistler, March 1996.

Discussant

    International Seminar on Macroeconomics, Frankfurt, June 1995.
    NYSE Conference on Recent Developments in International Equity Markets, Palm Beach, December 1995.
    National Bureau of Economic Research Summer Institute, July 1996.