Economics Department

Charles L. Weise





Campus Box 0391


339 Carlisle St.
Room 102
300 North Washington St.
Gettysburg, PA 17325-1400


PhD University of Wisconsin

Academic Focus

Monetary Policy and Fiscal Policy, Political Economy of Monetary Policy

Professor Weise earned his Bachelors of Science in Foreign Service at Georgetown University in 1985 and his Ph.D in Economics from the University of Wisconsin-Madison in 1993. He taught at the College of William and Mary before arriving at Gettysburg College in 2000. He is Professor in the Department of Economics, has served as Chair of the Department of Economics and Department of Management, and is currently Chair of the Public Policy Program.

Professor Weise’s research and teaching interests are in macroeconomics. Among his published work are papers on political influences on U.S. monetary policy (Political Pressures on Monetary Policy During the U.S. Great Inflation,” American Economic Journal: Macroeconomics, 2012; “Private Sector Influences on Monetary Policy in the United States,” Journal of Money, Credit, and Banking, 2008), modern macroeconomic models for use in undergraduate courses (“A Simple Wicksellian Macroeconomic Model,” B.E. Journal of Macroeconomics, 2007; “Minsky Meets Wicksell: Using the Wicksellian Model to Understand the Twenty-First Century Business Cycle,” (with Robert Barbera), Macroeconomic Theory and Macroeconomic Pedagogy, 2009); cross-country studies of inflation dynamics (“Does the Time Consistency Model of Inflation Explain Cross-Country Differences in Inflation Dynamics?” (with John Boschen), Journal of International Money and Finance, 2004; “What Starts Inflation: The Evidence from OECD Countries” (with John Boschen), Journal of Money, Credit, and Banking, 2003), and nonlinear time series methods (“The Asymmetric Effects of Monetary Policy: A Nonlinear Vector Autoregression Approach,” Journal of Money, Credit, and Banking, 1999). His recent research includes work on the implications of robots for the business cycle in a DSGE model (“A New Keynesian Model with Robots: Implications for Business Cycles and Monetary Policy,” with his colleague Tim Lin.

Professor Weise regularly teaches courses at all levels of macroeconomics, including Principles of Macroeconomics, Intermediate Macroeconomic Theory, Making Monetary Policy, Macroeconomic History and Policy, and the Senior Seminar in Macroeconomics. He is adviser to Gettysburg College’s Fed Challenge Club, which regularly participates in the Fed Challenge competition organized by the Federal Reserve System.


Low Wage Work at Gettysburg College Powerpoint Presentation