June 30, 1995 Contact: Jennifer McNulty (408/459-2495)

ECONOMICS PROFESSOR CARL E. WALSH NAMED TO TOP PLANNING POST AT UC SANTA CRUZ

FOR IMMEDIATE RELEASE

SANTA CRUZ, CA--Carl E. Walsh, a professor of economics at the University of California, Santa Cruz, has been named associate vice chancellor of planning and programs for the campus. The appointment is effective July 1, 1995.

Walsh will work with Executive Vice Chancellor Michael Tanner and the staff of the Planning and Budget Office on issues of academic planning, resource allocation, new programs, and interdivisional initiatives. He will also oversee external reviews of degree-offering units on campus.

Walsh joined the economics faculty at UCSC in 1987 after being affiliated with the Federal Reserve Bank of San Francisco, where he continues to be a visiting scholar. Walsh's work focuses on the role of monetary policy; most recently he has studied the optimal design of central banking institutions. His work is supported by research grants from the National Science Foundation and the Center for German and European Studies at UC Berkeley.

Walsh's half-time appointment as associate vice chancellor will allow him to continue to teach and do research in the field of economics.

Previous campus appointments include serving as chair of the Board of Studies in Economics from 1988 to 1991 and as a member of the Academic Senate Committee on Planning and Budget and the Campus Academic Planning Council.

A former Fulbright research fellow and a research affiliate with the National Bureau of Economic Research, Walsh has been on the faculty of Princeton University and the University of Auckland, New Zealand. He held a visiting appointment at UC Berkeley, where he earned his doctoral and undergraduate degrees. He also held visiting appointments with the Board of Governors of the Federal Reserve System and the Federal Reserve Banks of Kansas City and Philadelphia.

Walsh replaces Jorge Hankamer, a professor of linguistics, who has held the position since 1990.

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