Dr. Victor Claar

Professor of Economics
School of Business

Ph.D., West Virginia University
M.A., West Virginia University
B.A., Houghton College (NY)

Professor Claar specializes in teaching principles of economics courses to undergraduates. He also serves as a member of the graduate faculty. Professor Claar is coauthor (with Robin Klay) of Economics in Christian Perspective: Theory, Policy and Life Choices. Prior to arriving at Henderson, he taught for nine years at Hope College in Holland, Michigan, where he held the rank of associate professor (with tenure). Professor Claar spent a recent year as a Fulbright scholar, giving graduate lectures in economics at the American University of Armenia. He recently completed a new monograph on fair trade for the Acton Institute. He has published in scholarly journals such as Applied Economics, Public Finance Review, and the Journal of Markets & Morality.

Selected Works:

Claar, Victor V. 2006. “Is the NAIRU More Useful in Forecasting Inflation than the Natural Rate of Unemployment?Applied Economics 38: 2179-89.

Claar, Victor V., and John N. Oswalt. 2006. “Can Neoclassical Economics Handle a Scriptural View of Forgiveness?Journal of Markets & Morality 9: 71-89.

Claar, Victor V. 2005. “A Kalman-Filter Approach to Estimating the Natural Rate of Unemployment.Proceedings of Rijeka School of Economics: Journal of Economics and Business 23: 1-24.

Claar, Victor V. 1998. “An Incentive-Compatibility Approach to the Problem of Monitoring a Bureau.Public Finance Review 26: 599-610.

"All experience is an arch wherethrough gleams that untravelled world..."

– Alfred Lord Tennyson