David Backus


Born: Sioux City, Iowa, USA


David King Dave Backus (April 1953 – June 12, 2016) was an American economist, specializing in financial economics and international macroeconomics. He was the Heinz Riehl Professor at New York Universitys Stern School of Business. Backus made several significant contributions to macroeconomics and finance, including the canonical international business cycle model with Patrick J. Kehoe and Finn Kydland and identifying the Backus–Smith puzzle and the international consumption correlation puzzle. Prior to joining the Stern School in 1990, he studied at Hamilton College (BA, 1975) and Yale University (PhD, 1981), taught at Queens University and the University of British Columbia, and served at the Federal Reserve Bank of Minneapolis.He died from leukemia in New York City on June 12, 2016.

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