Russell Boyer’s research interests include the theory of foreign exchange markets and Canadian financial policy. Key publications have explored currency substitution, the yield curve, and North American monetary policy, as well as risk premia and forward premia in models for determining exchange rates.
His recent work on the history of economic thought investigates the development of the contributions for which Robert Mundell received the Nobel Prize in 1999, with a focus on the influence of Milton Friedman’s seminal essay on flexible exchange rates. Specifically, Boyer has explored the the interaction (or lack thereof) between Friedman, Harry Johnson and Mundell while they were faculty members in the Economics Department at the University of Chicago.
Boyer joined the University of Western Ontario faculty in 1970; there, he teaches macroeconomics and international finance. He has been a visiting professor at the University of New South Wales and Carnegie Mellon University, and a visiting scholar at the Federal Reserve Bank of Atlanta.
He earned his doctorate in economics at the University of Chicago. He also holds bachelor’s and master’s degrees in physics.
Boyer will be on campus assisting with the institute's ongoing economic history project.