Caroline Betts

Professor of Economics
Caroline Betts
Pronouns She / Her / Hers Email Office KAP 316C Office Phone (213) 740-2430

Research & Practice Areas

International prices, and real and nominal exchange rate determination; market segmentation; the impacts of trade liberalization; structural change in the open economy.


  • Ph.D. Economics, University of British Columbia, 1994
  • M.A. Economics, Queens University, 1990
  • B.A. Economics, University of Durham, 7/1987
  • Summary Statement of Research Interests

    Professor Betts’ research interests are in the field of international macroeconomics.

  • USC Funding

    • ASHSS. Globalization, De-Industrialization, and the Awakening Giant: Economic Stagnation in Japan and the Emergence of China: What has been the role of international trade in the de-industrialization of mature economies, such as Japan, and the industrialization of newly developing economies, such as China? , $12000, 2008-2009
  • Conference Presentations

    • Currency manipulation in a model of money, banking, and trade , Bruce Smith Memorial ConferenceTalk/Oral Presentation, Invited, University of Texas, Austin, Spring 2020
    • Currency Manipulation in a Model of Money, Banking, and Trade , West Coast Workshop in International FinanceTalk/Oral Presentation, Department of Economics, University of Washington , Seattle, Fall 2019
    • Currency Manipulation in a Model of Money, Banking, and Trade , Midwest Macroeconomics MeetingsTalk/Oral Presentation, Department of Economics, Michigan State University, East Lansing, Fall 2019
    • Trade, Reform, and Structural Transformation in South Korea , Society for Economic Dynamics, Summer MeetingTalk/Oral Presentation, Edinburgh, 2016-2017
  • Journal Article

    • Betts, C. M., Giri, R., Verma, R. (2017). “Trade, Reform, And Structural Transformation in South Korea”. IMF Economic Review. Vol. 2017, pp. 47. Full read only text.
    • Betts, C. M., Kehoe, T. J. (2006). “US Real Exchange Rate Fluctuations and Relative Price Fluctuations. Journal of Monetary Economics. Vol. 53 (7), pp. p.1257-1326.
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