As the Republican Party mulls a return to the gold standard, American economists are pointing out the pitfalls.

Anil K Kashyap is the Edward Eagle Brown Professor of Economics and Finance and Richard N. Rosett Faculty Fellow at the University of Chicago Booth School of Business. He is one of the faculty directors of the Chicago Booth Initiative on Global Markets. He has authored and edited five books and over 40 scholarly articles on banking, business cycles, the Japanese economy, and monetary policy.
Prof. Kashyap currently works as a consultant for the Federal Reserve Bank of Chicago, and serves as a member of the Economic Advisory Panel of the Federal Reserve Bank of New York, and as a Research Associate for the National Bureau of Economic Research (NBER). He is one of the international advisors to the Economic and Social Research Institute of Cabinet Office of the Japanese Government, is on the Congressional Budget Office's Panel of Economic Advisers, and serves on the Board of Directors of the Bank of Italy’s Einuadi Institute of Economics and Finance. He is a member of the Squam Lake Group, the Bellagio Group of academics and economic officials, and of the International Monetary Fund’s Advisory Group on the development of a macro-prudential policy framework.
Prof. Kashyap is a co-organizer of the NBER's Working Group on the Japanese Economy and co-founded the U.S. Monetary Policy Forum. He currently teaches advanced MBA elective classes on “Analyzing Financial Crises” and “Understanding Central Banks.”
Prof. Kashyap earned an undergraduate degree in economics and statistics from the University of California at Davis and a PhD in economics from the Massachusetts Institute of Technology.
Prof. Kashyap currently works as a consultant for the Federal Reserve Bank of Chicago, and serves as a member of the Economic Advisory Panel of the Federal Reserve Bank of New York, and as a Research Associate for the National Bureau of Economic Research (NBER). He is one of the international advisors to the Economic and Social Research Institute of Cabinet Office of the Japanese Government, is on the Congressional Budget Office's Panel of Economic Advisers, and serves on the Board of Directors of the Bank of Italy’s Einuadi Institute of Economics and Finance. He is a member of the Squam Lake Group, the Bellagio Group of academics and economic officials, and of the International Monetary Fund’s Advisory Group on the development of a macro-prudential policy framework.
Prof. Kashyap is a co-organizer of the NBER's Working Group on the Japanese Economy and co-founded the U.S. Monetary Policy Forum. He currently teaches advanced MBA elective classes on “Analyzing Financial Crises” and “Understanding Central Banks.”
Prof. Kashyap earned an undergraduate degree in economics and statistics from the University of California at Davis and a PhD in economics from the Massachusetts Institute of Technology.





