Lori Leachman

Dr. Leachman, Professor of the Practice of Economics, earned her Ph.D. from the University of South Carolina. She has held faculty positions at the University of North Carolina at Charlotte, Winthrop University, and a tenured faculty position at Northern Arizona University. She has worked as a legal consultant as well as a consultant to the urban development office of the city of Charlotte. Dr. Leachman has published on such topics as capital mobility, capital market integration, exchange rates, optimium corporate capital structure, intertemporal external balance and Ricardian equivalence. These publications have appeared in such journals as the Journal of Macroeconomics, Applied Economics, Applied Financial Economics, Journal of International Money and Finance, and Open Economies Review. She is currently working on the political economy of intertemporal budgeting and exchange rate intervention.

Dr. Leachman teaches undergraduate courses in introductory and intermediate macroeconomics, money and banking, global capital markets, and international economics. She is currently serving as Director of the EcoTeach Center.

Recent Research
Current research areas:
Exchange rate intervention
Political economy of intertemporal budgeting
International trade

Selected Publications
" "Multicointegration and the Sustainability of Fiscal Practices," (with with Alan Bester, Guillermo Rosas and Peter Lange), forthcoming in Economic Inquiry, 2004
"Twin Deficits: Apparition or Reality," Applied Economics, 2002
"Superexogenity and Dynamic Linkages Among International Equity Markets" (with B. Francis), Journal of International Money and Finance, 1998
"New Evidence on the Ricardian Equivalence Theorem: A Multicointegration Approach," Applied Economics, 1996
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Office Information
Office: 329F Social Sciences
Phone: (919)-660-6894
Email: leachman@econ.duke.edu
Fax: (919) 684-8974

Course Descriptions
National Income and Public Policy (Econ 51D)
Money and Banking (Econ 153)
Macroeconomics (Econ 154)
International Economics (Econ 165)
Special Topics: Global Capital Markets (Econ 195)