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Pierre Siklos, Background

Pierre Siklos is a CIGI senior fellow. He has held seven visiting researcher positions at central banks in European and Asian countries, including Germany, Hong Kong, Hungary and Japan. Pierre has also held more than 20 visiting fellowships at leading academic institutions, such as the International School of Economic Research in Siena, Italy, Oxford University in the United Kingdom and Princeton University in the United States.

He has a particular interest in central bank independence, the governance models of central banks and the challenges that arise in an interdependent world. To that end, he has compared and contrasted how European models of integration differ from those in Asia. His work in applied time series analysis and monetary policy focuses on inflation and financial markets.

Pierre teaches macroeconomics at Wilfrid Laurier University. He is a former chair of the Bundesbank Foundation of International Monetary Economics at Freie Universität in Berlin, Germany. He is also a research associate at Australian National University’s Centre for Macroeconomic Analysis in Canberra, and a senior fellow at the Rimini Centre for Economic Analysis in Italy. Pierre serves on the editorial boards of Economics Research International, Economic Systems and the Journal of Economic Research, and is the former managing editor of the North American Journal of Economics and Finance.

Pierre earned his Ph.D. in economics from Carleton University and his M.A. in economics from the University of Western Ontario. He joined CIGI as a senior fellow in 2009 and is fluent in English, French and Hungarian.

Notable Media & Presentations

  1. “Skepticism valid on central bank transparency.” Provided commentary on the Bank of Canada’s reluctance to publish interest rate forecasts for a story in The Globe and Mail, October 21, 2010.
  2. Siklos, Pierre. “Yes: We need more information.” Op-ed on central bank transparency for the Financial Post, December 7, 2010.
  3. “G20’s policy cohesion beginning to fray.” Quoted in a story in The Globe and Mail on G20 disputes on taxation, currency and financial regulation, November 9, 2009.
  4. “Rate cuts have limited effect.” Quoted in a story in The Globe and Mail on the influence of lobbyists on the Bank of Canada, April 21, 2009.

Selected Publications

  1. Siklos, Pierre. (2010). “Inflation Targeting: It’s Not Broke, It Doesn’t Need Fixing, But Can It Survive?” Journal of International Commerce, Economics and Policy 1 (April).
  2. Genberg, Hans, and Pierre Siklos (2010). “Revisiting the Shocking Aspects of Asian Monetary Unification.” Journal of Asian Economics 21, no. 5.
  3. Siklos, Pierre, and Yang Zhang (2010). “Identifying the Shocks Driving Inflation in China.” Pacific Economic Review 15.
  4. Siklos, Pierre (2010). “Meeting Maastricht: Nominal Convergence of the New Member States Towards EMU.” Journal of Policy Modelling 27 (March).
  5. Bohl, Martin, and Pierre Siklos (2009). “Asset Prices as Indicators of Euro Area Monetary Policy: An Empirical Assessment of Their Role in a Taylor Rule.” Open Economies Review 20 (February).

In the News

  1. Bank of Canada message leaves market scratching its head, Kevin Carmichael, ROB Insight (The Globe and Mail), June 5, 2014
  2. Stephen Poloz: Man with a mission, Kevin Carmichael, Tavia Grant and Steven Chase, The Globe and Mail, May 3, 2013
  3. Economy’s foggy future poses challenge for Carney, Kevin Carmichael, The Globe and Mail, September 2, 2012