Nathaniel Cline Ph.D.
Associate Professor; Associate Dean for Curricular Affairs
Economics, Faculty Experts
About
Nathaniel Cline’s research spans U.S. and international macroeconomics. In the United States, he studies the determinants of inflation and its relationship to income distribution, finding that much of the moderate inflation of the 1990s and 2000s was associated with low wages and reduced worker bargaining power. He also examines the roots of U.S. financial development in the 19th century, comparing it with countries that have remained on the periphery of global finance.
Internationally, Professor Cline investigates the historical evolution of government debt markets and the causes of international debt crises. His current work explores the origins of “original sin” in economics—the persistent divide between countries able to issue debt in their own currency and those that cannot. He argues that external financial conditions and commodity prices are often central drivers of international debt crises, regardless of domestic fiscal policy.
Education
- Ph.D., economics, University of Utah
- M.A., economics, University of Utah
- B.A., economics, Earlham College
Professional Background
- Assistant professor of economics, University of Redlands, 2012–present
- Adjunct instructor of economics, Westminster College, 2010–2012
- Graduate student instructor, University of Utah, 2007–2012
Areas of Expertise
- Consumer Price Index
- Economic history
- International finance
- U.S. macroeconomy
Publications
Articles
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Perry, N., & Cline, N. (2016). What caused the great inflation moderation in the U.S.? A post-Keynesian view. Review of Keynesian Economics, 4(4), 475–502.
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Cline, N., Ford, K., & Vernengo, M. (2010). Because I said so: The persistence of mainstream economics in policy advice. Journal of Philosophical Economics, 3(2), 97–121.
Book Chapters
- Cline, N., & Vernengo, M. (2016). Interest rates, terms of trade, and currency crises: Are we on the verge of a new crisis in the periphery? In A. V. Gevorkyan & O. Canuto (Eds.), Financial Deepening and Post-Crisis Development in Emerging Markets (pp. 41–62). New York: Palgrave Macmillan.
- Cline, N. (2015). Biddle, Nicholas. In L.-P. Rochon & S. Rossi (Eds.), The Encyclopedia of Central Banking (pp. 52–54). Northampton, Massachusetts: Edward Elgar.
- Cline, N. (2015). National Banking Acts. In L.-P. Rochon & S. Rossi (Eds.), The Encyclopedia of Central Banking (pp. 373–374). Northampton, Massachusetts: Edward Elgar.
- Maloney, T. N., & Cline, N. (2013). Inequality in economic history. In R. Whaples & R. E. Parker (Eds.), Routledge Handbook of Modern Economic History (pp. 215–225). New York: Routledge.
Presentations
- Eastern Economic Association Conference, 2015
- Eastern Economic Association Conference, 2013
- Eastern Economic Association Conference, 2012
- Eastern Economic Association Conference; Western Social Science Association Conference; Western States Graduate Workshop, 2011
- Eastern Economic Association Conference; Western States Graduate Workshop, 2010
Awards and Service
- Spatial Community of Practice Grant (with Gregory Thorson and Eric McLaughlin), University of Redlands, 2015–2016
- E. K. Hunt Award for Best Paper in Political Economy, University of Utah, 2009
- Graduate Assistantship Award, University of Utah, 2007–2010
Affiliations
- American Economic Association
- Eastern Economic Association
- National Association for Business Economists