Department of Economics Skidmore College Harder Hall 204D Phone: +1-518-580-8374 815 N Broadway Email: mwolfe@skidmore.edu Saratoga Springs, NY 12866 http://www.skidmore.edu/economics/faculty/wolfe.php RESEARCH & TEACHING INTERESTS Macroeconomics and Monetary Economics International Macroeconomics and Finance Energy Economics and Commodities EDUCATION PhD in Economics, Boston College (USA), 2012 MA in Economics, Boston College (USA), 2009 MBA, Baylor University (USA), 1998 BA in Sociology, Masaryk University (Czech Republic), 1995 ACADEMIC & RESEARCH EXPERIENCE Assistant Professor, Skidmore College Since 08/2015 Assistant Professor, Washington State University 08/2012 05/2015 Teaching Fellow, Boston College 01/2012 05/2012 Teaching Assistant, Boston College 01/2011 05/2011 Research Assistant, Federal Reserve Bank of Boston 09/2009 02/2010 Research Assistant, Boston College 08/2007 08/2009 PRIVATE SECTOR EXPERIENCE ENERGY INDUSTRY: ConocoPhillips 09/2001 05/2007 Accounting/Finance Supervisor (Houston, TX) (01/2006 05/2007) Managed a team of analysts accounting for inventory (gasoline, diesel, jet fuel, etc.) and supporting the trading floor. Senior Internal Auditor (Houston, TX) (07/2003 12/2005) Led and participated in audits and consulting reviews in joint-venture, upstream, downstream, commercial and corporate areas in U.S., Europe and Asia. Financial Analyst (Midland, TX) (09/2001 06/2003) Provided economics support for multi-disciplinary team responsible for New Mexico oil and gas properties. INTERNATIONAL FINANCE INDUSTRY: JP Morgan Chase 03/2000 08/2001 Corporate Trust Administrator/Assistant Relationship Manager (Houston, TX) Managed CBO, CLO and CDO structured finance portfolios secured by high-yield bonds, emerging market debt, bank loans and CDS. Monitored cash flows, reconciled accounts, prepared reports to communicate results to investors, portfolio managers and rating agencies. Updated: December 2015 1/5
PUBLICATIONS (PEER-REVIEWED) 1. Halova, Marketa W., Alexander Kurov and Oleg Kucher (2014). Noisy Inventory Announcements and Energy Prices. Journal of Futures Markets, 34, 911 933. 2. Wolfe, Marketa Halova and Robert Rosenman (2014). Bidirectional Causality in Oil and Gas Markets. Energy Economics, 42, 325 331. 3. Strasser, Georg and Marketa Halova Wolfe (2014). Learning to Argue with Intermediate Macro Theory: A Semester-Long Team Writing Project. The Journal of Economic Education, 45, 191 210. 4. Baum, Christopher F., Alexander Kurov and Marketa Halova Wolfe (2015). What Do Chinese Macro Announcements Tell Us about the World Economy? Journal of International Money and Finance, 59, 100 122. WORKING PAPERS 1. Price Drift before U.S. Macroeconomic News: Private Information about Public Announcements? with Alexander Kurov, Alessio Sancetta and Georg Strasser. 2. Multinational Production, Optimal Portfolios and Home Equity Bias with Fabio Ghironi. 3. Forecasting Commodity Price Volatility with Internet Search Activity with Arabinda Basistha and Alexander Kurov 4. Microstructure of the Crude Oil Market: Volatility and Its Determinants with Georg Strasser. TEACHING Intermediate Macroeconomics (Undergraduate level at Skidmore College & Washington State University) Applied Econometrics (Undergraduate level at Skidmore College) Macroeconomic Theory (PhD level at Washington State University) Statistics for Business & Economics (Undergraduate level at Boston College) CONFERENCE/SEMINAR PRESENTATIONS Does Online Search Activity Predict Commodity Price Volatility?, Eastern Finance Conference (Baltimore, MD) April 6-9, 2015 with A. Basistha & A. Kurov (Upcoming) Price Drift before U.S. Macroeconomic News: Private Information about Public Announcements?, 13 th International Paris December Finance Meeting (Paris, France) December 17, 2015 with A. Kurov, A. Sancetta & G. Strasser (Presented by G. Strasser) Price Drift before U.S. Macroeconomic News: Private Information about Public Announcements?, 9 th International Conference on Computational and Financial Econometrics (London, UK) December 12, 2015 with A. Kurov, A. Sancetta & G. Strasser (Presented by G. Strasser) Price Drift before U.S. Macroeconomic News: Private Information about Public Announcements?, Financial Management Association International (Orlando, FL) October 17, 2015 with A. Kurov, A. Sancetta & G. Strasser (Presented by A. Kurov) Updated: December 2015 2/5
What Do Chinese Macro Announcements Tell Us about the World Economy?, Innovative Alpha Forum (Boston, MA) September 17, 2015 with C.F. Baum & A. Kurov Invited Presentation (Presented by K. Baum) Does Online Search Activity Predict Commodity Price Volatility?, Half-Baked Ideas Conference, School of Economic Sciences, Washington State University (Pullman, WA) May 8, 2015 with A. Basistha & A. Kurov Price Drift before U.S. Macroeconomic News: Private Information about Public Announcements?, Stern Microstructure Conference (New York, NY) May 8, 2015 with A. Kurov, A. Sancetta & G. Strasser (Presented by G. Strasser) Does Online Search Activity Predict Commodity Price Volatility?, NCCC-134 Conference on Commodity Price Analysis, Forecasting, and Market Risk Management (St. Louis, MO) April 20, 2015 with A. Basistha & A. Kurov Price Drift before U.S. Macroeconomic News: Private Information about Public Announcements?, Eastern Finance Association (New Orleans, LA) April 8, 2015 with A. Kurov, A. Sancetta & G. Strasser (Presented by A. Kurov) What Do Chinese Macro Announcements Tell Us about the World Economy?, Baylor University (Waco, TX) March 27, 2015 with C.F. Baum & A. Kurov Price Drift before U.S. Macroeconomic News, AEA CSWEP CeMENT Workshop (Boston, MA) January, 2015 with A. Kurov, A. Sancetta & G. Strasser Learning to Argue with Intermediate Macro Theory: A Semester-Long Team Writing Project, Professors Conference Invited Presentation, Federal Reserve Bank of St. Louis (MO) November 7, 2014 with G. Strasser Price Drifts before U.S. Macroeconomic News, Federal Reserve Bank of St. Louis (MO) November 6, 2014 with A. Kurov, A. Sancetta & G. Strasser Price Drifts before U.S. Macroeconomic News, School of Economic Sciences Decennium Colloquium, Washington State University (Pullman, WA) October 3, 2014 with A. Kurov, A. Sancetta & G. Strasser Learning to Argue with Intermediate Macro Theory: A Semester-Long Team Writing Project, Agricultural & Applied Economics Association Post Conference Session on Effective Techniques for Teaching Macroeconomics Invited Presentation & Panelist, Federal Reserve Bank of Minneapolis (MN) July 30, 2014 with G. Strasser Economy?, Western Economic Association International Invited Presentation (Denver, CO) June 30, 2014 with C.F. Baum & A. Kurov Economy?, Multinational Finance Society (Prague, Czech Republic) June 29, 2014 with C.F. Baum & A. Kurov (Presented by A. Kurov) Preannouncement Price Drifts, Half-Baked Ideas Conference, School of Economic Sciences, Washington State University (Pullman, WA) May 9, 2014 with A. Kurov, A. Sancetta & G. Strasser Updated: December 2015 3/5
Understanding the Relationship between Commodity and Equity Prices in Agricultural Markets, NCCC-134 Conference on Commodity Price Analysis, Forecasting, and Market Risk Management (St. Louis, MO) April 21, 2014 with T.R. Fortenbery Economy?, Eastern Finance Association (Pittsburg, PA) April 10, 2014 with C.F. Baum & A. Kurov (Presented by A. Kurov) Economy?, Midwest Economics Association (Evanston, IL) March 21, 2014 with C.F. Baum & A. Kurov; Financial Markets & Banks Session Chair & Discussant Economy?, Southwestern Society of Economists (Dallas, TX) March 13, 2014 with C.F. Baum & A. Kurov Economy?, School of Economic Sciences Seminar, Washington State University (Pullman, WA) November 1, 2013 with C.F. Baum & A. Kurov Noisy Inventory Announcements and Energy Prices, Financial Management Association International (Chicago, IL) October 18, 2013 with A. Kurov & O. Kucher (Presented by A. Kurov) Bidirectional Causality in Oil and Gas Markets, International Energy Workshop (Paris, France) June 19, 2013 with R. Rosenman; Fossil Fuels Session Chair Noisy Inventory Announcements and Energy Prices, Eastern Finance Association (St. Pete Beach, FL) April 11, 2013 with A. Kurov & O. Kucher (Presented by A. Kurov) Introducing Team Projects into Intermediate Macroeconomics Analysis, Washington State University National Board of Advisors (Pullman, WA) March 28, 2013 OTHER TALKS The Economic Crisis in Greece, Skidmore College (Saratoga Springs, NY) October 14, 2015 Crude Oil & Natural Gas Industry Value Chain and Price Forecasting, Washington State University Econ Club (Pullman, WA) November 18, 2014 Crude Oil and Natural Gas Industry Value Chain, Washington State University Econ Club (Pullman, WA) October 10, 2012 PROFESSIONAL SERVICE Referee service: Economic Inquiry, Energy Economics, Energy Journal, Journal of Agricultural and Resource Economics, Journal of Banking & Finance, Journal of Commodity Markets, Journal of Futures Markets Focus groups: Principles of Economics: Digital Delivery (Pearson) Intermediate Macroeconomics (Pearson) Updated: December 2015 4/5
AWARDS & FELLOWSHIPS 2014 McGraw-Hill Distinguished Paper Award 03/2014 Dissertation Fellowship, Boston College 09/2011 12/2011 Graduate Fellowship, Boston College 09/2007 12/2011 Boston College Library data acquisition grant 11/2010 Graduate Research Assistantship, Baylor University 08/1996 05/1998 PROFESSIONAL MEMBERSHIP American Economic Association, Western Economic Association International USDA regional research project NCCC-134 (Applied Commodity Price Analysis, Forecasting, and Market Risk Management) LANGUAGES English and Czech (Fluent), German and Spanish (Intermediate), Russian (Basic) Updated: December 2015 5/5