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Biography

David M. Kemme currently holds the William N. Morris Chair of Excellence in International Economics and Co-Director of the Data Science Research Cluster, FedEx Institute of Technology at the University of Memphis. He served as a Trustee of the University of Memphis and Chair of the Academics, Research and Student Success Committee (2019-2023) He was also Director of the International MBA program (1994-1997) and Chair of the Economics Department (1997). Prior to joining the University of Memphis he was a W. Frank Barton Faculty Fellow at Wichita State University (1991-1994) and Pew Charitable Trusts Scholar-in-Residence at the Institute for East-West Studies, New York (1989-1991) where he directed the Economics and Security Program. In 1991 he was also a Distinguished Fellow at the Mitsui Research Institute in Tokyo. Most recently he was a visiting scholar at the St. Louis Federal Reserve Bank. He earned a BA in mathematics from Miami University (Oxford, OH) and MA and Ph.D. in economics from The Ohio State University. He was a Fulbright Lecturer at the Main School of Planning and Statistics in Warsaw (1981-1982).

He has researched and published over one hundred articles on the economics of transition in the former Soviet Union and Eastern Europe, productivity and efficiency in Eastern Europe and the Soviet Union, exchange rate misalignment, disequilibrium macroeconomics, and the chronic shortage model of centrally planned economics. He is author of Economic Transition in Eastern Europe and the Soviet Union: Issues and Strategies and has edited or co-edited four other books. Dr. Kemme served as Associate Editor of the scholarly journal Economic Change and Restructuring, and Co-editor of Comparative Economic Studies. He is a member of the Editorial Board of the Atlantic Economic Journal and the European Journal of Comparative Economics. He is a member of the Board of Consultants of Economic Systems and a member of the Executive Committee of the European Association of Comparative Economics. His work has been translated and published in Russian, Japanese, Ukrainian, Polish and Armenian.

He has served as a consultant to numerous organizations and corporations including BearingPoint, Shell Oil, FedEx, the Rand Corporation, the International Bank for Reconstruction and Development (World Bank), the Asian Development Bank, the Joint Economic Committee of the US Congress, the European Union, the United Nations Food and Agriculture Organization, the United Nations Development Program, the US Agency for International Development, and the Academy for Educational Development, among others. Most recent consulting activities include econometric modeling for The Central Bank and the Ministry of Finance of Armenia and inflation forecast targeting models and small structural macro-econometric models for the National Bank of the Republic of Kazakhstan. He has made numerous appearances in both local and national news media including CNN, FNN and CNBC programs and is regularly quoted in leading national newspapers such as the New York Times, the New York Post, the Washington Post and the Wall Street Journal.

His current research interests are macroeconometric modelling and forecasting, economic crises, international tax evasion, irregular migration and sovereign wealth funds.

Selected Sponsored Activities

Principal Investigator for sponsored research or Project Director for institutional programs or research funded by the Pew Charitable Trusts, the Sasakawa Peace Foundation, the Japan Economics Foundation, the United States Information Agency, the Council for Soviet and East European Research, the International Research and Exchanges Board, the American Council of Learned Societies, the Social Science Research Council. Participant in projects funded by the Ford Foundation, the Rockefeller Brothers Fund and the John D. and Catherine T. MacArthur Foundation, FedEx, St. Louis Federal Reserve Bank, The Commercial Appeal.

Teaching

• Econ 7100:  Economics for the Global Executive
• Econ 7175/8175:  International Trade:  Theory and Policy
• Econ 7810/8810: Econometrics I, basic introduction to econometrics
• Econ 8812: Econometrics III, time series econometrics

Service

Selected Professional Service

• Coeditor, Comparative Economic Studies (2003-2007).
• Associate Editor, Economic Change and Restructuring (2005-2009).
• Associate Editor, Economics of Planning (1998-2005).
• Member of Board of Editors, Russian and East European Finance and Trade(1998-2002), Emerging Markets Finance and Trade(2002-2006), International Atlantic Economic Journal (1998-present), Comparative Economic Studies (1994-1997).
• Member of Scientific Committee of the Board of Editors of the European Journal of  Comparative Economics (2004 鈥� 2010)
• Board of Directors, Executive Committee, European Association of Comparative Economics, 2006-2010.
• Member of Fulbright Selection Committee for Central Europe, Council for International Exchange of Scholars, (1997-2000); Selection Committee for Edmund S. Muskie Fellowships, (1993-1996); Selection Committee for Exchanges with Central and Eastern Europe of the International Research and Exchanges Board (1992-1995); Ad Hoc Committee on Economics Education Reform in Eastern Europe of the National Research Council of the National Academy of Sciences, (1991); Selection Committee for Eisenhower Exchange Fellowships (1991); National Peer Review Committee, Fulbright Senior Specialists Program, CIES, (2004-2005).
• External Reviewer, US Department of State, FREEDOM Support Act, AED (2004).

Research

Journals

45,10 (2022). With Saktinil Roy.

,鈥� Vol. 134. (2022). With Thomas McInish and Jiang Zhang. 

, (2021).With Yerkezhan Akhmetzaki and Bulat Mukhamediyev. 

, (2021). With Bhavik Parikh and Tanja Steigner. 

55 (2020) 101052. with Bhavik Parikh and Tanja Steigner.

"," International Review of Financial Analysis, 69 (2020). With Saktinil Roy.

European Financial Management, 23,3: 519-543 (2017). With Bhavik Parikh and Tanja Steigner.

Review of International Economics,  25,1: 132-147 (2017), With Kayhan Koleyni.

Review of Development Economics, 18(4), 681-692, (2014). With Oleks Nikolsko-Rzhevskyy and Deepraj Mukherjee,

Southern Economic Journal, 78,3: 999-1018. (2012) With Saktinil Roy.

International Review of Economics and Finance, 24: 270-294. (2012) With Saktinil Roy.

Economics Letters, 113 (2011) 211-214. With Saktinil Roy.

" Review of International Economics, 19(1), 93-108. (2011) With Gennady Lyakir.

Journal of International Money and Finance, 28 (2009) 868-879. With William T. Gavin.

"Introduction to Symposium: Inflation Targeting in Emerging Economies: Prerequisites, Policies and Outcomes," Comparative Economic Studies, 50,3: 416-420 (2008)

"Inflation Targeting in Armenia: Monetary Policy in Transition," Comparative Economic Studies 50,3: 421-437. (2008). With King Banaian and Grigor Sargsyan.

"Risk, Regulation and Competition in Banking and Finance in Transition Economies," Comparative Economic Studies, 50,2: 210-216 (2008). With Koen Schoors and Rudi Vandervennet

Economic Systems, 30: 207-230 (2006). With Saktinil Roy.

"Najwazniejsze zagrozenia rownowagi finansow publicznych w Polsce w przedniu wejscia do Unii Europejskiej," Studi Ekonomiczne 36/37, 1-2: 11-30 (2003) With Ryszard Rapacki.

Economic Systems, 26,4. (2002). With Pinaki Bose.

Post-Soviet Economics and Geography, 41,8: 581-598. (2000) With Ryszard Rapacki.

"Determinants of the Real Exchange Rate, Misalignment and Implications for Growth in Poland," Economic Systems, 24,2:171-205. (2000) With Wenyuan Teng.

"Banking Sector Reform in the Transition Economies - A Central Banking Perspective: Comment," Economic Survey of Europe, (1998), No. 2:82-84.

Journal of Comparative Economics, 24,1:79-89. (1997) With Philip Hersch and Jeffry Netter.

Southern Economic Journal, 61, 2: 356-366 (1994). With Phillip Hersch and Sharad Bhandari.

"The Estimation of Technical Efficiency in Polish Industry: 1961 1986." Economic Systems 15, 1:43 56 (1991). With John Neufeld.

"Losses in Polish Industry Due to Resource Misallocation." Jahrbuch der Wirtshaft Osteuropas, 14, 2: 139 150 (1990).

Soviet Studies, 41, 3:345-364 (1989).

Journal of Comparative Economics, 11, 1:1-20 (1987).

"Disequilibrium in Centrally Planned Economies Beyond Cycles." Jahrbuch der Wirtschaft Osteuropas. 12, 2:65 69 (1987). With Jan Winiecki.

Economics of Planning, 21, 1:1-12 (1987).

Business and Economic History, 15: 13-27 (1986). With William Hausman and John Neufeld.

Carl Beck Papers, 405 (1985).

Journal of Comparative Economics, 8, 1:25-40 (1984). With Keith Crane.

Empirical Economics, 9, 1:59-66 (1984).

Economics of Planning, 18, 1:1-21 (1982).

"Estimation of the Variable Elasticity of Substitution Production Function for Polish Industry and Implications for Growth." Ekonomia 45:75 86 (1985).

"Econometric Models of East European Economies: A Survey of Models of Poland." The Association of Comparative Economic Studies Bulletin, 33, 2:58 69 (1981).

Chapters in Edited Volumes

鈥淚nternational Tax Evasion:  Sources, Paths, and Destinations,鈥� Chapter IV.8 The Routledge Handbook of Comparative Economic Studies, Bruno Dallago and Sara Casagrande, Eds. (London: Routledge, Taylor and Francis Group, 2022). With Bhavik Parikh and Tanja Steigner.

鈥淓lectronic Commerce 鈥� Markets, Competition and Social Welfare:  A Clash with History of Economic Thought,鈥� Chapter 16 of European Comparative Economic Studies:  Thirty Years After, In Honour of Horst Brezinzki, Wladimir Andreff, Ed. (Palgrave Macmillan Studies in Economic Transition), 2020.

Empirical Methods for Analyzing the Risks of Financial Crises, Sonderheft 3/2003, Institut fur Wirtschaftforschung Halle, Halle

in Russia's Uncertain Economic Future a Compendium of papers submitted to the Joint Economic Committee, Congress of the United States (Washington, D.C.: U.S. Gove

in Planning, Shortage and Transformation, Essays in Honor of Janos Kornai, Eric Maskin and Andras Simonovits, Eds. (Cambridge: MIT Press, 2000). With Sharad Bhandari.

in The System Transformation of Transition Economies: Europe, Asia and North Korea, Doowon Lee, Ed. (Seoul: Yonsei University Press, 1997) with Michael

in East Central European Economies in Transition, Study Papers submitted to the Joint Economic Committee, Congress of the United States, (Washington, D.C.: U.S. Government Printing Office, 1994)

In Development and Reform of the Financial System in Central Europe. John P. Bonin and Istvan Szekely, editors. (Hampshire, UK: Edward Elgar Publishing, Ltd.

In Technology Markets and Export Controls in the 1990s: Four Views. David M. Kemme, Editor. (New York: New York University Press and IEWS, 1991).

In Economic Reform in Poland: The Aftermath of Martial Law 1981?1988. David M. Kemme, editor. (Greenwich, CT: JAI Press, 1991).

In Models of Disequilibrium and Shortage in the Centrally Planned Economies, C. Davis and W. Charemza, editors. (Andover, UK: Chapman and Hall, 1989).

In Economic Adjustment and Reform in Eastern Europe and the Soviet Union, Josef Brada, Ed A. Hewett, and Thomas A. Wolf, editors (Durham, NC: Duke University Press, 1988).

In Politics in Contemporary Poland: Edge of the Abyss, Jack Bielasiak and Maurice Simon, editors (New York: Praeger Publishers, 1984).

Reviews and Other Publications

Review of Financial Structure and Economic Growth: A Cross Country Comparison of Banks, Markets, and Development, Edited by Asli Demirguc-Kunt and Ross Levine, Comparative Economic Studies, 47, 710-712 (Dec 2005).

, Gerard Caprio, Patrick Honohan and Josef Stiglitz, Editors, Journal of Comparative Economics, 32,2: 364-366 (2004).

Janos Jacs, Robert Holzman, and Michael Wyzan, Editors, Journal of Comparative Economics, 28,4: 845-848 (2000).

, Laszlo Csaba, editor. The Slavic Review, 51, 4: 861-862 (1992).

, 1985-1988, by Anders Aslund. The Russian Review, 50, 2:230-232 (1991).

Review of East West Agricultural Trade, James R. Jones, editor. Soviet Union/Union Sovietique, 14, 1:138 (1987).

, John F. O. Bilson and Richard C. Marston, editors. Southern Economic Journal, 53, 2:541-543 (1986).

Review of Economic Relations with the USSR, Abraham S. Becker, editor. Soviet Union/Union Sovietique, 12, 2:239-240 (1985).

Review of Industrial Innovation in the Soviet Union, R. Amann and J. Cooper, editors. The Wall Street Review of Books 12, 1:53 56 (1984).

: 1958-1980 by Jean Woodall. Southern Economic Journal 51, 1:292-293 (1984).

, by Vladimir G. Treml. Southern Economic Journal 50, 3:923924 (1984).

, by Stephen Kaplan. Southern Economic Journal, 49, 3:891-892 (1983).

, Egon Neuberger and Laura D'Andrea Tyson, editors. Southern Economic Journal, 48, 3:824-826 (1982).

, by David Howard. Southern Economic Journal 47,2: 553?555 (1980).

Special Reports, Articles in Professional Journals and Proceedings

鈥淒eterminants of Migration and Project Objectives,鈥� for the Creating Economic Opportunities  Project, Palladium International LLC, USAID Guatemala, September 2019

"The National Funds of Kazakhstan鈥� US State Department Title VIII Grant Report. (2011)

"Kazakhstan: Implementing Inflation Forecast Targeting: Final Report,鈥� March 2009, ADB Financial Sector Governance TA-4431 (KAZ). (and 8 progress reports 2005-2008). With Warren Coats.

Modeling CPI Inflation in Armenia 鈥� Macroeconomic and Fiscal Analysis Team, Bearing Point, USAID Tax and Fiscal Reform Project (2004).

鈥淎 Structural Econometric Model of the Armenian Economy: Version 2,鈥� Macroeconomic and Fiscal Analysis Team, Bearing Point, USAID Tax and Fiscal Reform Project (2004).

鈥淭he Role of the Parliament and Central Bank in Monetary Policy" in Experience, Forms, and Methods of Parliamentarian's Activities, Congressional Research Service, Library of Congress, (Washington, D.C.: USGPO, Fall 1994).

Reform of the System of Money Banking and Credit in Central Europe (Kiev, Ukraine: Harvard University Project on Economic Reform in Ukraine, 1994). In Ukrainian.

鈥淧oland: Review of the Private Small and Medium Scale Enterprise Sector," IBRD, Report No. 8991?POL, Sep颅tember 5, 1990. Multiple authors.

Managing the Transition: Integrating the Reforming Socialist Economies into the World Economy , Report of the Working Group on International Economic Change, Restructuring and East?颅West Security, (New York: IEWS, 1989). (Reprinted in Japanese in Seiron, February, 1990, pp. 160?174).

鈥淎 Preliminary Specification of an Econometric Model of Poland." SRI?International, Center for Economic Policy Research and Wharton Econometric Forecasting Associ颅ates, Inc., Washington, D.C., September 1979.