MacGee tapped for Bank of Canada Governor's Award

By Communications Staff
March 26, 2013

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OTTAWA - Western Economics professor James MacGee has been awarded the 2013 Governor’s Award by the Bank of Canada.

MacGee has published leading-edge research in the areas of consumer bankruptcy and household debt dynamics, the Great Depression and the evolution of consumer debt markets. His current research plans focus on the propagation of international economic shocks, the impact of high levels of consumer debt on the effectiveness of monetary policy, and the sources and consequences of changes in consumer debt markets.

“I am delighted to name professor MacGee as this year’s recipient of the Governor’s Award,” said Mark Carney, Governor of the Bank of Canada. “His innovative work on a range of important issues facing the post-crisis global economy has established him as a leader in his field, and he has distinguished himself through his ability to effectively bridge the worlds of academia and public policy.”

The Governor’s Award recognizes outstanding academics at a relatively early stage in their careers who are working at Canadian universities in areas of research critical to the bank’s mandate. The award is granted for a two-year, non-renewable term.

The Bank of Canada also announced University of Toronto professor Peter Christoffersen of the Rotman School of Management received the bank’s Fellowship Award for 2013.


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