• Experience

  • Current: Miller Chair of Applied Economics, Reiman School of Finance,   Daniels School of Business, University of Denver

    Consultant for Bank Indonesia.  “Forecasting Inflation & other Macroeconomic Variables in Indonesia: Handling Structural Change and Instability with Combination Forecast Methods.” July 2016

    Herat University, Consultant for helping teach their new MBA program 2017

    Beijing Jiaotong University, Managerial Economics. January 2016, December 2016. 

    Economic Consultant. 2000-2017.  Various Projects include Economic Impact Analysis of Alcohol Liberalization Laws in Colorado, Oklahoma, and Kansas, Marijuana, Minimum Wage, Immigration, St. Louis Water, MSD, Financial Crisis on St. Louis Real Estate, Ameren, Boeing and Economic Damages. My economic impact work and analysis has been cited hundreds of times by the media, including TV, radio and print.  I have been on NPR, Voice of America and local Fox News, NBC and CBS stations.  In print, I have been cited by the Wall Street Journal, Bloomberg News, National Journal, Yahoo Finance, US Chamber of Commerce, Denver Post, St. Louis Post Dispatch, Dow Jones News, Nasdaq.com, USA today  and Newsweek Magazine.

    Associate Editor, Southern Economic Journal 2014-2017, 2017-2020

    Saint Louis University, Simon Chair of Economics, 1990-2013
    Director of the Simon Center for Regional Forecasting

    Special Advisor to the St. Louis Immigration Taskforce 2011-2013

    University of Hawaii, Summer 2011, 2012  - taught Adv. Capital Markets and International Financial Crises

    Monetary Adviser to the National Bank of Azerbaijan, 2008
    Designed an Inflation and Money Demand Forecasting Model for a USAID project

    Monetary and Econometric Adviser to the Central Bank of Egypt, 1998 Estimated Macro & Monetary Model, worked under KPMG/USAID contract

    Macroeconomic and Econometric Adviser to the Government of Ukraine - 1994-1995 Designed an integrated macroeconomic & revenue model of the Ukrainian Economy worked under USAID/KPMG contract

    Fulbright Scholar - Ukraine, 1994-1995

    Taught Macroeconomics in Spain 2001-02

    Taught Econometrics, Statistics and Macroeconomics in Ukraine 1998 at Kiev Mohyla University a  Masters program in Ukraine

    Economist Intelligence Unit Consultant for 4 years. Responsible for evaluating & forecasting Ukraine’s performance for 14 Country Reports.

  • Curriculum Vitae

  • Bio

  • Dr. Strauss has extensive forecasting experience including more than four dozen publications using advanced statistical methods in the top journals in Finance, Econometrics and Economics. These include the Journal of Finance, Review of Financial Studies, Review of Finance, Journal of Portfolio Management, Journal of Applied Econometrics, Journal of Forecasting, International Journal of Forecasting, Econometric Reviews, Review of International Economics, Journal of International Money and Finance, Journal of Urban Economics, Journal of Finance Research, Journal of Macroeconomics, Economic Letters, Journal of Economics and Finance, Global Finance Journal and Southern Economic Journal. 


    His background includes international policy experience in the areas of international finance and forecasting. He has consulted for the Central Bank of Azerbaijan, the Central Bank of Egypt, and the Ministry of Finance of Ukraine.  He constructed econometric models of their economies that forecasted GDP and inflation. He also worked for the Economist Intelligence Units and wrote Quarterly  reports on Ukraine for them that further analyzed and forecasted economic activity in the Ukrainian economy. 

     

    Prior to Denver University, Professor Strauss was the director of the Simon Center, and his responsibilities include organizing conferences for Saint Louis University of the regional and national economy, forecasting the local economy of St. Louis and the State of Missouri and contributions to the media. He has been cited more than 300 times recently on local TV, radio, newspapers as well as national outlets including CNN, Wall Street Journal, US News & World Report, Voice of America and more.

     

    Dr. Strauss has substantial expertise on regional economic issues including employment, housing, immigration, the earnings tax and impact analysis. Recently, he was an advisor to the St. Louis Steering Committee on Immigration. The taskforce, backed by both Mayor Slay and County Executive Dooley, is exploring avenues to promote a more pro-active and friendly immigration policy in the St. Louis region. Dr. Strauss further was the keynote speaker at the Conference that kick-started the immigration taskforce, and his papers have shown that immigration can produce significant positive economic effects to the St. Louis region and the U.S..

     

  • Contact Info

  • Jack K. Strauss
    Professor of Finance
    Miller Chair of Applied Economics

    Jack.Strauss@DU.edu

    Office 303 871-3504

  • Publications

  • “Expected vs Ex-Post Profitability in the Cross-Section of Industry Returns.” With Andrew Detzel and Philipp Schaberl.  Forthcoming Financial Management.

    “Do High-Speed Railways Lead to Urban Economic Growth in China”.   Quarterly Review of Economics and Finance. April 2018.

    “There are Two Very Different Accruals Anomalies.” With Andrew Detzel and Philipp Schaberl. European Financial Management. September 2018.  

    “Adding Value in Student Managed Funds: Benchmark and Sector Selection” with Chris Hughen and JP Tremblay, Journal of Trading Winter 2018, 13 (1) 27-34.

    "Combination Forecasts of Industry Book-to-Market Generates OOS Predictability & Portfolio Allocation" with Andrew Detzel. Review of Finance. July 2017

    “Can We Count on Accounting Fundamentals for Industry Portfolio Allocation? With Justin Lallemand.”  Summer 2016, Journal of Portfolio Management.

    “Can we consistently forecast a firm’s earnings? Using combination forecast methods to predict the EPS of Dow firms” with Naresh Bansal. Journal of Economics and Finance: Volume 39, Issue 1 (2015), Page 1-22.

    “MENA Economic Environment.” Forthcoming in Middle Eastern Business Environments. Accepted. Morris A Kalliny and Mamoun Benmamou eds. Cognella Publishing, CA. 2015.

    “International Stock Return Predictability: What is the Role of the United States? With David Rapach and Goufu Zhou. Journal of Finance, 1633-1662, August 2013

    “Allies Not Enemies: How Latino Immigration Boosts African American Employment and Wages.” American Immigration Council. June 2013. http://immigrationpolicy.org/perspectives/allies-not-enemies-how-latino-immigration-boosts-african-american-employment-and-wages.

    CFA Review of "International Stock Return Predictability: What Is the Role of the United States?". CFA Digest. Nov 2013 with David Rapach and Guofu Zhou.

    “Does Housing Drive State-Level Job Growth?: Building Permits & Consumer Expectations Forecast a State's Economic Activity.” Journal of Urban Economics, 2013 (1) 77-93.

    “Forecasting US state-level employment growth: An amalgamation approach.” With David Rapach. Journal of International Forecasting. Vol. 28, 2. 2012, April–June 2012, 315–327.

    “How Predictable is the Chinese Stock Market?” with Fuwei Jiang, David Rapach, Jun Tu and Goufu Zhou. Best Paper Award at The Chinese Finance Association, NYC, Oct. 2010. Journal of Financial Research, China. 9, 2011, 107-121. #1 Chinese Finance Journal.

    “Predicting Market Components Out of Sample: Asset Allocation Implications.” With David E. Rapach and Guofu Zhou. Journal of Portfolio Management. 2011. Vol. 37, 4: pp. 29-41

  • Research Projects and Papers

  • https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3115846

  • https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3120110

  • Best Paper Award

  • My paper “Combination Forecasts and the Real Economy" is the most read paper in the  Review of Financial Studies (a top 3 Finance Journal) on Stock returns and has hundreds of citations.

    Our paper “Industry Interdependencies and Cross-Industry Return Predictability” won the ASX Prize at the 28th Australasian Finance and Banking Conference, Dec. 17, 2015. “The conference is the most prestigious finance conference in the Asia-Pacific region, and brings together the world's foremost leaders of thought from the financial community.”

     

    “How Predictable is the Chinese Stock Market?” Best Paper Award at The Chinese Finance Association, New York City, Oct. 2010.

     

     Our “Out-of-Sample Equity Premium Prediction: Combination Forecasts and Links to the Real Economy” was among Review of Financial Studies Top Cited Papers in 2010 according to 2012 Impact Factor

     

    Our “Differences in Housing Price Forecastability Across U.S. States”, was among International Journal of Forecasting Most Cited Articles published since 2009 according to Scopus. 1st Academic paper to forecast the Housing Bubble for the Sand States.

This portfolio last updated: 13-Jul-2018 7:29 PM