Walter Enders

Specialty Areas:

Open-Economy Macroeconomics, Time-Series Econometrics, Transnational Terrorism.

Education:

University of Toledo (B.A., M.A.), Columbia University (M. Phil. Ph.D.).

Honors, Achievements and Affiliations:

Dr. Enders' current research focuses on the development and application of time-series models to areas in economics and finance. Applications include estimates of the term-structure of interest rates, the behavior of real and nominal exchange rates and rational-actor models of transnational terrorism. Dr. Enders has published numerous research articles in such journals as the Review of Economics and Statistics, Quarterly Journal of Economics, and the Journal of International Economics. He has also published articles in the American Economic Review (a journal of the American Economic Association), the Journal of Business and Economic Statistics (a journal of the American Statistical Association), and the American Political Science Review (a journal of the American Political Science Association). Dr. Enders' Applied Econometric Time-Series is the leading book in the field. He has formal editorial responsibilities for three different journals in the area of international economics and has served as a policy advisor to Ukraine.

Dr. Enders and Todd Sandler jointly received the National Academy of Sciences Estes Award for Behavioral Research Relevant to the Prevention of Nuclear War. The award recognizes basic research in any field of cognitive or behavioral science that has employed rigorous formal or empirical methods, optimally a combination of these, to advance our understanding of problems or issues relating to the risk of nuclear war. The National Academy presented the award for their joint work on transnational terrorism using game theory and time series analysis to document the cyclic and shifting nature of terrorist attacks in response to defensive counteractions.

Publications

• In-Sample and Out-of-Sample Properties of Linear and Nonlinear Taylor Rules. Journal of Macroeconomics.(With Ting Qin.) Forthcoming.
• A Threshold Model of Real U. S. GDP and the Problem of Constructing Confidence Intervals in TAR Models." Studies in Nonlinear Dynamics and Econometrics. (With B. Falk and P. Siklos.) Forthcoming.
• "Assessing the Importance of Global Shocks versus Country-Specific Shocks." Journal of International Money and Finance. (With Kaouthar Souki.) Forthcoming.
• "Applying Scientific Methods to Study Terrorism."??International Studies Perspectives. (With Todd Sandler.) August 2007.
• "Identifying Aggregate Demand and Supply Shocks in a Small Open Economy."? Oxford Economic Papers.? (With Stan Hurn). July 2007.
• "Rational Terrorists and Optimal Network Structure. "Journal of Conflict Resolution. (With Xuejuan Su.) February 2007.
• "Terrorism: An Empirical Analysis." in K. Hartley and T. Sandler, eds., Handbook of Defense Economics. (Elvesier: Amsterdam). 2007.
• "A Stationary Test with Unattended Nonlinearity." Journal of time Series Analysis. (with Junsoo Lee and Ralf Becker). May 2006.

• Using the Aggregate Demand-Aggregate Supply Model to Identify Structural Demand-Side and Supply-Side Shocks: Results Using a Bivariate VAR. Journal of Money, Credit and Banking. (With James Cover and C. James Hueng.) April 2006.

• The Political Economy of Terrorism. Cambridge University Press. (With Todd Sandler.) 2006.

• "After 9/11: Is It All Different Now? Journal of Conflict Resolution. (With T. Sandler.) April 2005.

• "Transnational Terrorism 1968-2000: Thresholds, Persistence and Forecasts." Southern Economic Journal. (With Todd Sandler.) January 2005.
• A General Test For Time Dependence in Parameters.? Journal of Applied Econometrics. (With R. Becker and S. Hurn.) December 2004.
• Whose Line Is It?: A Survey of Plagiarism in the Economics Profession. Journal of Economic Literature. (With Gary Hoover.) June 2004.
• An Economic Perspective on Transnational Terrorism.?European Journal of Political Economy. (With Todd Sandler.) June 2004.

• Applied Econometric Time-Series, 2nd edition. Neew York: John Wiley and Sons. 2004.

• RATS Programming Manual. Distributed by Estima (www.estima.com) 2003.
• "Cointegration and Threshold Adjustment." Journal of Business and Economic Statistics. (With Pierre Siklos.) April 2001.
• "Unit-Root Tests and Asymmetric Adjustment with an Example Using the Term Structure of Interest Rates." Journal of Business and Economic Statistics. (With C.W.J. Granger.) July 1998. (To be reprinted in Leybourne and Newbold. Recent Developments in time Series.)