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Revision as of 10:36, 15 March 2013
| Willem Buiter | |
|---|---|
 | |
| Born | (1949-09-26) 26 September 1949 (age 75) The Hague, the Netherlands |
| Nationality | American; British |
| Academic career | |
| Field | Economics, Finance, Political Economy |
| Institution | Citigroup, London, United Kingdom Bank of England Yale London School of Economics |
Willem Hendrik Buiter (born September 26, 1949, in The Hague, Netherlands) is a Dutch-born American economist, also of British nationality, who is chief economist at Citigroup. He has served as chief economist of the European Bank for Reconstruction and Development, external member of the Bank of England's Monetary Policy Committee, and as an advisor and consultant for a number of national governments and private financial enterprises. He has held academic appointments at universities in the USA, the UK and the Netherlands.
Education
After studying Political and Social Science for one year at the University of Amsterdam, in 1967-68, Buiter went to the University of Cambridge, Emmanuel College, to study Economics and received his B.A. with First-Class Honours in 1971.
He was awarded his M.A. in Economics in 1972 and his M.Phil. in Economics in 1973, his fields of concentration being International Economics, and Economic Development.
Buiter was awarded his Ph.D. in Economics from Yale University, New Haven, Connecticut, USA, in 1975. His thesis, "Temporary Equilibrium and Long-Run Equilibrium," was subsequently published in 1979.
Academia
In 1975-6 and 1977-9, Buiter was an Assistant Professor of Economics and International Affairs at the Woodrow Wilson School of Princeton University in the United States. In 1976-7 he was Lecturer in Economics at the London School of Economics and Political Science. From 1980 until 1982, he was Professor of Economics at the University of Bristol.
From 1977 until 2011, he was a Research Associate in the Financial Markets and Monetary Economics Program of the National Bureau of Economic Research.
On 1 April 1982, Willem Buiter was appointed Cassel Professor of Economics at the London School of Economics with special reference to money and banking. He left LSE in 1985 to teach Economics at Yale University, in New Haven, Connecticut, USA, from 1985 until 1994.
Buiter left the United States in 1994 when he was appointed as Fellow of Trinity College, Cambridge and professor of International Macroeconomics at the University of Cambridge, positions he held until May 2000. In June 2000, he became Chief Economist and Special Advisor to the President at the European Bank for Reconstruction and Development, a position he held until August 2005. From September 2005 till May 2009, Buiter was professor of European Political Economy at the European Institute of the London School of Economics and Political Science. From June 2009 till August 2011, he was professor of Political Economy at the Centre for Economic Performance, of the LSE.
Bank of England
He was an external member of the Bank of England's Monetary Policy Committee from June 1997-May 2000
Other activities
He is a contributor to the Financial Times, where until December 2009 he wrote a blog entitled "Maverecon". In April 2008, he wrote a paper about the situation of Icelandic banks for Landsbanki, together with his wife Anne Sibert. In mid July 2008, an updated version was presented to the government of Iceland. The Icelandic interlocutors considered the paper to be too market-sensitive and it was agreed to keep it confidential. Born in The Netherlands, he is a national of the US and the UK. In January 2010, Buiter joined Citigroup as Chief Economist, replacing Lewis Alexander who vacated the position to work with the United States Treasury eight months prior. In an April 2009 blog post, Buiter described Citigroup as "a conglomeration of worst practice from across the financial spectrum"
Personal life
Willem Buiter went to the European School, in Brussels, Belgium, from 1962 to 1967, where he obtained his European Baccalaureate.
Willem's father, Harm Buiter (1922-2011), was a Dutch economist, international trades union official and politician of the Labour Party (PvdA), who had served as Mayor of Groningen.
In 1973 Buiter was married to Jean Archer. The marriage was dissolved in 1997. They had two children, David Michael Alejandro, born 22 February 1991 in Callao, Peru and Elizabeth Lorca, born 6 August 1993 in Cochabamba, Bolivia.
Buiter, since 5 June 1998 is married to Anne Sibert, professor of Economics at Birkbeck, University of London who was also an External Member of the Monetary Policy Committee of the Central Bank of Iceland from 2009 till 2012. Ms Sibert, on account of her criticism on the banking system and European finances, has been called "a commentator who cannot easily be ignored"
References
- ^ Biographical information, Willem Buiter homepage (accessed 16 April 2012)
- ^ Professor Willem H Buiter biography, London School of Economics website Cite error: The named reference "lse" was defined multiple times with different content (see the help page).
- W. Buiter, All in the family, 8 March 2009
- ^ W. Buiter, A. Sibert, The Icelandic banking crisis and what to do about it, CEPR Policy Insight No. 26,
- personal page Willem Buiter's webpage
- "Willem Buiter Will Join Citigroup as Chief Economist". bloomberg. 30 November 2009. Retrieved 27 January 2011.
{{cite news}}: Unknown parameter|authors=ignored (help) - "Oud-burgemeester Groningen Harm Buiter overleden" ("Former mayor of Groningen, Harm Buiter, deceased"), Elsevier website, 23 February 2011 (in Dutch)
- "The damaged ECB legitimacy" by Anne Sibert, Vox portal for the Centre for Economic Policy Research, 15 September 2011
- "Anne Sibert, Naked Capitalism website, 15 September 2011
External links
- Willem Buiter's Maverecon, FT.com
- Home page
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