Carnegie Mellon's Spatt, Evans Launch Career Moves
This summer has seen exciting role changes for two of Carnegie Mellon's pioneers in economics — professor Chester Spatt and alumnus Charles Evans (TPR '85, '89).
Following a three-year appointment at the Securities Exchange Commission (SEC), the Tepper School of Business is welcoming Chester Spatt back to the university to resume his research and teaching.
At the SEC, Spatt served as the chief economist and director of the Office of Economic Analysis. At the university, he will focus on economic issues related to securities regulation, asset allocation and taxes.
"I am excited to be returning to the Tepper School at Carnegie Mellon, which has historically had such an important impact on financial economics and our markets," Spatt said. "I am eager to incorporate my experiences at the SEC into my teaching and research."
And effective Sept. 1, Charles Evans will become president of the Federal Reserve Bank of Chicago. Evans is highly respected for his research on inflation, financial market prices and measuring the effects of monetary policy on U.S. economic activity.
Currently, he serves as senior vice president and director of research at the bank. His research has been published in the Journal of Political Economy, American Economic Review, Journal of Monetary Economics, Quarterly Journal of Economics and the Handbook of Macroeconomics.