British economist (1947–2019)
Andrew Jonathan Hughes Hallett FRSE (1 November 1947 [1] – 31 December 2019 [2]) was a British economist. He was University Professor of Economics and Public Policy at George Mason University, Senior Research Fellow at Kings College (University of London) and Honorary Professor of Economics at the University of St Andrews[3][4][5] He was also a member of the Scottish Growth Commission.
Andrew Hughes Hallett was educated at Radley College.[6] He graduated with a BA (Hons) in economics from the University of Warwick in 1969 and a MSc (Econ) from the London School of Economics in 1971. He was awarded a DPhil in economics by University of Oxford in 1976.[7][8]
He was a lecturer in economics at the University of Bristol from 1973 to 1977, associate professor of economics at Erasmus University Rotterdam from 1977 to 1985, and David Dale Professor of Economics at Newcastle University from 1985 to 1989.[9][10][11] In 1989, Hughes Hallett was appointed Jean Monnet Professor of Economics at the University of Strathclyde in Scotland, a post he held until 2002, when he became Professor of Economics at Vanderbilt University in Tennessee. He was appointed to professorships in Economics and Public Policy at George Mason University and at the University of St Andrews in 2007. In 2016, he became Senior Research Fellow in Economics at Kings College (University of London) and Professor of Economics at the Copenhagen Business School in Denmark. Professor Hughes Hallett was also a visiting professor at Princeton University, Harvard University, Cardiff University, Free University of Berlin, and the Universities of Rome (Sapienza University of Rome), Paris and Milan.
Contributions to economics
Theory of Economic Policy, Political Economy, Monetary Integration, Sustainable Fiscal Policies, Demographic Change, Fiscal Rules, Monetary Policy, Inter-institutional and Inter-country Policy Coordination; Dynamic Games and Bargaining Models, Regionalism and Federalism, Time Varying Cyclical Decompositions, Numerical Methods in Econometrics.
Government and advisory
Scottish Council of Economic Advisers
Andrew Hughes Hallett served as a member from its inauguration in 2007 until after the 2014 Independence Referendum.
Commissioner, Scottish Fiscal Commission
The Fiscal Commission is responsible for scrutinizing and evaluating the government's forecasts for the revenues from devolved taxes, GDP, the implications for public debt and deficits, and to a limited degree recommending improvements if sustainability would be threatened.
Scottish Growth Commission
Charged with designing an economic framework for an independent or financially autonomous Scotland, and policy arrangements to support it.. This includes a system of fiscal rules, debt control, currency choice, a financial regulation system to meet Scotland's needs, trading arrangements under Brexit, growth policies, diversification, a sovereign wealth fund.
Adviser for Economic and Monetary Affairs
Quarterly reports on selected questions in monetary policy, macro-prudential regulation and policy coordination in the Euro-zone economies. Published by the European Parliament's Economics Committee.
