Connel Fullenkamp

Connel Fullenkamp

Professor of the Practice of Economics

External Address: 
329D Social Sciences, Box 90097, Durham, NC 27708
Internal Office Address: 
Box 90097, Durham, NC 27708-0097
(919) 660-1843

Professor Fullenkamp specializes in the investigation of financial market development and regulation of financial markets. His projects often involve the exploration of such variables as immigrant worker remittances, economic policy, and the development of countries. His completed papers have appeared in various leading academic journals, including The Cato Journal, the Journal of Banking and Finance, the Review of Economic Dynamics, and the Review of Economics and Statistics. Titles of his publications include, “Capital Trading, Stock Trading, and the Inflation Tax on Equity” with Scott Baier, Charles Carlstrom, Ralph Chami, Thomas Cosimano, and Timothy Fuerst; “Assessing Individual Risk-Attitudes Using Field Data from Lottery Games” with Rafael Tenorio and Robert Battalio; “Are Immigrant Remittance Flows a Source for Capital Development” with Ralph Chami and Samir Jahjah; and more. Professor Fullenkamp is currently focusing his studies on the impact of immigrant remittances on economic growth and the framework for financial market development.


  • Ph.D., Harvard University 1992
  • M.A., Harvard University 1989
  • B.A., Michigan State University 1987

Chami, R, Ernst, E, Fullenkamp, C, and Oeking, A. "Is there a remittance trap?." Finance and Development 55, no. 3 (September 1, 2018): 44-47.

Fullenkamp, C, and Rochon, C. "Reconsidering bank capital regulation: a new combination of rules, regulators, and market discipline." Journal of Economic Policy Reform 20, no. 4 (October 2, 2017): 343-359. Full Text

Chami, R, Fullenkamp, C, Cosimano, T, and Rochon, C. "If financial institutions combine banking and nonbanking business there is potential for danger." Finance and Development 54, no. 1 (March 1, 2017): 43-45.

Chami, R, and Fullenkamp, C. "Beyond the household." Finance and Development 50, no. 3 (September 1, 2013): 48-51.

Sharma, S, and Fullenkamp, C. "Good Financial Regulation: Changing the Process is Crucial." (February 7, 2012).

Chami, R, Fullenkamp, C, and Sharma, S. "A framework for financial market development." Journal of Economic Policy Reform 13, no. 2 (June 1, 2010): 107-135. Full Text

Fullenkamp, CR, Chami, R, Barajas, A, and Garg, A. "The Global Financial Crisis and Workers’ Remittances to Africa: What’s the Damage?." Journal of African Development 12, no. 1 (2010): 59-78. (Academic Article)

Chami, R, and Fullenkamp, C. "Development a wobbly crutch." Finance and Development 46, no. 4 (December 1, 2009): 31-null.

Chami, R, Fullenkamp, C, and Jahjah, S. "Are immigrant remittance flows a source of capital for development?." Imf Staff Papers 52, no. 1 (July 6, 2005): 55-81. Open Access Copy

Fullenkamp, C, and Nsouli, SM. "Six Puzzles in Electronic Money and Banking." (February 2004). (Working Paper) Open Access Copy


Barajas, A, Chami, R, Fullenkamp, C, Gapen, M, and Montiel, PJ. "Do Workers' Remittances Promote Economic Growth?." (July 2009). (Working Paper)

Chami, R, Barajas, A, Cosimano, T, Fullenkamp, C, Gapen, M, and Montiel, P. "Macroeconomic consequences of remittances." Imf Occasional Papers, no. 259 (May 5, 2008): 1-84.

Chami, R, and Fullenkamp, C. "Trust as a Means of Improving Corporate Governance and Efficiency." (February 2002). (Working Paper) Open Access Copy

Chami, R, Cosimano, TF, and Fullenkamp, C. "The Stock Market Channel of Monetary Policy." IMF Working Paper, no. 99 (February 1999). (Working Paper) Open Access Copy