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Leo Michelis is a Professor in the Department of Economics at Toronto Metropolitan University. He specializes in Applied Econometrics and Theoretical Econometrics, with significant contributions to Macro-Monetary Economics. Michelis' research often explores the intricacies of economic dynamics, focusing on areas such as the welfare costs associated with durable goods and their implications for inflation. His work employs advanced econometric techniques to analyze the dependencies between the Canadian stock market and US/Canada exchange rates, utilizing copula approaches to elucidate these relationships. Over the years, he has published several influential papers in leading economic journals, addressing topics such as monetary policy in small open economies and the impact of cash-in-advance constraints on economic dynamics. His research not only advances theoretical understanding but also provides practical insights relevant to current economic conditions.
Department of Chemical Engineering