Western University Economics Professor James MacGee has been awarded the prestigious Governor’s Award by the Bank of Canada. Currently the Bank of Montreal Professor of Money and Finance at Western and the Director of Western’s new Master of Financial Economics program, MacGee has published innovative research in the areas of consumer bankruptcy and household debt dynamics, the Great Depression, and the evolution of consumer debt markets.
His research now focuses on the propagation of international economic shocks, the impact of high levels of consumer debt on the effectiveness of monetary policy, and the sources and consequences of changes in consumer debt markets.
The Governor’s Award recognizes outstanding academics at a relatively early stage in their careers who are working at Canadian universities in areas of research critical to the Bank’s mandate. The award consists of $25,000 paid annually to the recipient for a two-year, non-renewable term.
More information on the Bank of Canada’s Fellowship Program is available here.
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