Joshua R. Stillwagon, Trinity College
Assistant Professor
Hartford, Connecticut
joshua.stillwagon@trincoll.edu
Office:
(860) 297-2040
Bio/Research
Josh Stillwagon was born and raised in the seacoast area of New Hampshire, and attended the University of New Hampshire for both his undergraduate and graduate studies. He obtained a BS, MA and PhD in Economics in 2005, 2008 and 2013 respectively. His thesis, advised by Michael D. Goldberg, focus...
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Bio/Research
Josh Stillwagon was born and raised in the seacoast area of New Hampshire, and attended the University of New Hampshire for both his undergraduate and graduate studies. He obtained a BS, MA and PhD in Economics in 2005, 2008 and 2013 respectively. His thesis, advised by Michael D. Goldberg, focuses on testing alternative models of currency risk using survey data on traders’ actual exchange rate forecasts, including a newer model of risk, the imperfect knowledge economics (IKE) gap model, which relates risk not to the variance or covariance but to how far the asset's price has diverged in one direction or the other (the gap) from its benchmark value (such as Purchasing Power Parity). He uses the Cointegrated VAR framework to conduct the statistical analysis, which he studied with Katarina Juselius and Soren Johansen and later helped to teach at the University of Copenhagen. Strong support is found for the IKE gap model in his work. Contrary to other studies, he also finds support for more traditional models of risk, but only after controlling for this "gap" effect of how far the exchange rate is from its benchmark value.
The applied dimension of his research guides his teaching as well. Josh attempts to convey theoretical concepts using specific historical experiences and data, while emphasizing the practical application and policy relevance of these ideas.
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The applied dimension of his research guides his teaching as well. Josh attempts to convey theoretical concepts using specific historical experiences and data, while emphasizing the practical application and policy relevance of these ideas.
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