John T. Cuddington
- William Jesse Coulter Professor of Mineral Economics and Professor of Economics and Business
- Division of Economics and Business
- Colorado School of Mines
Golden, CO 80401
USA
Education
- Ph.D. (international economics), University of Wisconsin, Madison, 1978.
- M.S. University of Wisconsin, Madison, 1976.
- M.A. (resource economics and public
finance)
Simon Fraser University. Vancouver, Canada, 1976. - B.Administration (finance and
economics),
University of Regina. Regina, Sask., Canada, 1975 - CFA® (Chartered Financial Analyst), Institute of Chartered Financial Analysts, Charlottesville, Virginia. Charter #10402, awarded September 1987.
- Executive Certificate in Financial Planning, Georgetown University, 2002.
- CFP® (Certified Financial Planner), CFP Board of Standards #083469, awarded December 2003.
Biographical Sketch
John T. Cuddington joined the Division of Economics and Business at CSM as the William Jesse Coulter Professor of Mineral Economics and Professor of Economics and Business in 2005. He holds a Ph.D. in Economics from the University of Wisconsin-Madison and a B.Admin. from the University of Regina. He is also a Chartered Financial Analyst (CFA®) charterholder and Certified Financial Planner (CFP®) certificant.
Cuddington's previous positions include academic appointments at Simon Fraser University (1978), Stanford University (1978-84), Princeton University (1994), University of Colorado-Boulder (2003-5), and Georgetown University (1986-2005). At Georgetown, he held a joint appointment in the Economics Department and the Walsh School of Foreign Service, and served as the Chair of the Economics Department from 1997 through 2003. From 1984 to 1986, Dr. Cuddington was a staff economist at World Bank (1984-86). He has been a visiting scholar or lecturer at the Institute for International Economic Studies (Stockholm), the Bank of Canada (Ottawa), the Institute for International Economics (Washington, D.C.), the Foreign Service Institute of the U.S. Department of State and the International Monetary Fund (D.C.). For many years, Professor Cuddington has served as a periodic consultant and lecturer/trainer at the World Bank and the IMF Institute.
Professor Cuddington has done leading research on long-term trends in primary commodity prices, the role of primary commodities on macroeconomic performance, and the role of technological change in offsetting the scarcity of nonrenewable natural resources, and the role of FERC 'open access' regulations on the integration of spot markets for natural gas in the United States.
Dr. Cuddington has also written widely in the areas of international macroeconomics, international finance, resource economics, and economic development. He is the author of over fifty articles and numerous professional papers, book reviews, and commentary. He co-authored Disequilibrium Macroeconomics in Open Economies and co-edited International Debt and Developing Countries.
Courses Taught at CSM
- EBGN412: Macroeconomics (undergraduate)
- EBGN512: Macroeconomics (graduate level)
- EBGN535: Economics of Metal Industries and Markets (graduate level)
- EBGN546: Investments and Portfolio Management (graduate level)
- EBGN590: Econometrics & Forecasting (graduate level)
- EBGN 695: Research Methodology (graduate level)
Résumé
Click the link here to download a copy of my CV: John T Cuddington CV.pdf
Current Research Interests
- primary commodity price behavior, forecasting
- Trends, cycles and 'Super Cycles' in metals prices.
- U.S. wholesale natural gas markets - assessing the degree of market integration.
- applied econometrics in macroeconomics and finance
Current Working Papers
- Cuddington, John T. and Daniel Jerrett. 2009. "The Recent Retreat In Metals Prices - So Long Super Cycle?" Power Point Presentation for the International Pig Iron Association (IPIA) meetings, Chicago, March 4, 2009.
- Cuddington, John T. and Arturo L. Vasquez Cordano. 2009. "Linkages between Spot and Forward Rates: New Tests of the Cost and Carry and the Fama-French-Samuelson Hypotheses for the LME Metals," in progress.
- Daniel Jerrett and John T. Cuddington. 2009. "Measuring Super Cycles in Minor Metals," in progress.
- Cuddington, John T. and Irina Khindanova. 2008. "Integrating Financial Statement Modeling and Sales Forecasting," CSM working paper.
- Cuddington, John T. 2007."Calculating Long-Term Trends in the Real Real Prices of Primary Commodities:Deflator Adjustment and the Prebisch-Singer Hypothesis," CSM working paper.
- Cuddington, John T. and Shuichiro Nishioka, "New LM
Unit Root Tests in the Presence of a Possible Break of Unknown Date
and Size," CSM working
paper. December 2005.
Selected Publications - See CV for complete list
- Super Cycles in Metals Prices? with Daniel Jerrett. IMF Staff Papers 55, 4 (December 2008), 541-565. [lead article].
- Broadening the Statistical Search for Metal Price Super Cycles to Steels and Related Metals with Daniel Jerrett. Resources Policy 33, 4 (December 2008), 188-195.DOI:10.1016/j.resourpol.2008.08.001
- Cuddington,
John T. 2008. Review
of Marian
Radetzki (2008),"A Handbook of
Primary Commodities in the Global Economy". Journal
of Economic Literature 46 (4): 1032-1035. DOI:10.1257/jel.46.4.989.
- Cuddington, John T. 2008. "An Analogy Between Secondary and Primary Metals Production," Resources Policy 33, 1 (March), 48-49. DOI:10.1016/j.resourpol.2008.01.001
- Cuddington, John T. 2007. "Modeling and Forecasting Primary Commodity Prices: A Book Review," Resources Policy 32 (4), 205-208. DOI: 10.1016/j.resourpol.2007.08.005
- "Prebisch-Singer Redux" with Rodney Ludema and Shamila Jayasuriya in Daniel Lederman and William F. Maloney (eds.), Natural Resources and Development: Are They a Curse? Are They Destiny? World Bank/Stanford University Press, 2007.
-
"The Integration of U.S. Natural Gas Spot Markets: Evidence from Daily Price Data," with Zhongmin Wang. Journal of Regulatory Economics 29 (2006), 195-210.
-
"A Technical Fix for the Rule of 72: Or Is It the Rule of 69?" Journal of Financial Service Professionals, Nov. 2002.
- "Technological Change, Depletion and the U.S. Petroleum Industry: A New Approach to Measurement and Estimation," with Diana L. Moss. GU working paper #96-10R. Condensed version in American Economic Review 91 (Sept 2001), 1135-1148.
- "Optimal Annual Contributions to Flexible Spending Accounts: A Rule-of-Thumb," Economics Letters 62 (1999), 59-61.
- "Purchasing Power Parity Over Two Centuries?" with Hong
Liang. Journal of International Money and Finance
19 (2000), 753-757.
- Longer working paper version is "Reexamining the Purchasing Power Parity Hypothesis Over Two Centuries," with Hong Liang. January 1998.
- "Uncertainty, Trade, and Capital Flows in Sub-Saharan
Africa," with Hong Liang and Shihua Lu. Journal of
African Economies 5,3 (1996), 192-224.
- "Commodity
Price Volatility Across Exchange Regimes" with Hong Liang.
Georgetown University working paper #97-17 (and Appendix).
October 1997
(revised 3/3/99).
- "Will
the Emergence of the Euro Affect World Commodity Prices?"
with Hong Liang. Ch. 13 in Charles Wyplosz (ed.), The Impact of
EMU on Europe and the Developing Countries. Oxford
University Press. 2001.
Older Unpublished Working Papers and Supporting Material for Published Papers
- "Analyzing
the Sustainability of Fiscal Deficits in Developing Countries,"
Georgetown University working paper #97-01 (includes Excel spreadsheet
model from Appendix). July 1996.
- "Statistical Analyses of the Geographic Market Delineation with Application to the U.S. Natural Gas Markets," with Zhongmin Wang. October 1999. Working Paper and Appendices. [Click to download *.pdf files for paper and Appendices, separately]
- "Finding Costs in the U.S. Petroleum Industry: Assessing the Opposing Effects of Technological Change and Depletion with Error Correction Modeling," August 2000.
- "A Microfoundations Model of Dollarization with Network Externalities and Portfolio Choice: The Case of Bolivia" with Rose Mary Garcia and M. Daniel Westbrook. January 2002.
- "Reassessing the Prebisch-Singer Hypothesis: Long-Run Trends with Possible Structural Breaks at Unknown Dates," with Rodney Ludema and Shamila Jayasuriya. Working Paper, October 2002.
Extracurricular Interests and Hobbies
Cuddington is President of JTC
Economics+Finance LLC
in Boulder, CO, a consulting company specializing in econometrics
training using the
EViews software package.
His hobbies and other interests include music, especially 7-string jazz guitar and vocals, tennis and mid-distance running, skiing (alpine, telemark, and alpine touring), biking, hiking, backpacking, and camping.