2018 Forum — Speakers

James Bullard

James (Jim) Bullard is the President and CEO of the Federal Reserve Bank of St. Louis.

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He oversees the activities of the Eighth Federal Reserve District, including operations in the St. Louis headquarters and its branches in Little Rock, Arkansas, Louisville, Kentucky and Memphis, Tennessee. He also participates on the Federal Reserve’s Federal Open Market Committee (FOMC), which meets eight times each year to set the direction of US monetary policy.

Mr Bullard is a noted economist and scholar, and his positions are founded on research-based thinking and an intellectual openness to new theories and explanations. He is often an early voice for change. In addition, he makes public outreach and dialogue a priority to help build a more transparent and accessible Fed. He regularly engages with many audiences – including academics, policymakers, business and labour organisations, charities, students and media, among other public groups – to discuss monetary policy and the US economy and to help further the regional Reserve banks’ role of being the voice of Main Street.

He is an honorary professor of economics at Washington University in St. Louis, where he also sits on the advisory council of the economics department, as well as several advisory boards. In addition, he is a member of the Greater St. Louis Financial Forum, the St. Louis Regional Chamber’s board of directors and the St. Cloud State University School of Public Affairs advisory council. He is also chairman of the United Way’s USA Board of Trustees and a member of the United Way Worldwide board. In addition, he is a member of the Central Bank Research Association’s senior council.

Mr Bullard received his doctorate in economics from Indiana University in Bloomington. He holds Bachelor of Science degrees in economics and in quantitative methods and information systems from St. Cloud State University in St. Cloud, Minnesota.


Michael C. Burda

Michael C. Burda is Professor of Economics at the School of Business and Economics, Humboldt-Universität zu Berlin.

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Since 2007 he has been a Visiting Professor at the European School of Management and Technology (ESMT), Berlin. He was also a Visiting Professor at the Haas School of Business, University of California at Berkeley (1996-97).

He has been Programme Director at the Institute of Labor Economics (IZA) in Bonn since 2016 and a member of the Scientific Advisory Board at the Halle Institute for Economic Research (IWH) since 2015.

He studied economics at Harvard University, earning an MA (1982-83) and a PhD (1984-87).

Professor Burda was made a Fellow of the Netherlands Institute for Advanced Studies (NIAS). He received an honorary doctorate from the University of Magdeburg in 2013.

His main areas of research are labour economics, macroeconomics and European integration. He is the co-author, with Charles Wyplosz, of the textbook Macroeconomics: A European Text (Oxford University Press). His article on “Payroll Taxes, Social Insurance and Business Cycles” (with Mark Weder) was published in 2016 in the Journal of the European Economic Association.


Benoît Cœuré

Benoît Cœuré has been a member of the Executive Board of the European Central Bank since January 2012.

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He is responsible for International and European Relations, Market Operations and the Oversight of Payment Systems. He is Chairman of the Committee on Payments and Market Infrastructures of the Bank for International Settlements, and has held this position since October 2013.

Mr Cœuré is a graduate of the École Polytechnique in Paris. He holds an advanced degree in statistics and economic policy from the École nationale de la statistique et de l’administration économique and a BA in Japanese. Prior to joining the ECB, he served in various policy positions at the French Treasury. He was the Deputy Chief Executive, then Chief Executive, of the French debt management office, Agence France Trésor, between 2002 and 2007. From 2007 to 2009 he was France’s Assistant Secretary for Multilateral Affairs, Trade and Development; co-chair of the Paris Club; and G8 and G20 Finance Sous-Sherpa for France. From 2009 to 2011 he was Deputy Director General and Chief Economist at the French Treasury. He co-chaired the G20 working group on reforming the World Bank and the other multilateral development banks in 2009, and the G20 sub-working group on global liquidity management in 2011.

Mr Cœuré is an affiliate professor at Sciences Po in Paris. He has authored articles and books on economic policy, the international monetary system and the economics of European integration, including Dealing with the New Giants: Rethinking the Role of Pension Funds (Center for Economic Policy Research, 2006, with Tito Boeri, Lans Bovenberg and Andrew Roberts); and Economic Policy: Theory and Practice (Oxford University Press, 2010, with Agnès Bénassy-Quéré, Pierre Jacquet and Jean Pisani-Ferry).


Mario Draghi

As President of the European Central Bank, Mario Draghi is a member of the Executive Board, the Governing Council and the General Council, as well as Chair of the European Systemic Risk Board (ESRB).

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He is also a member of the Board of Directors of the Bank for International Settlements.

From 2006 to 2011 he served as Governor of the Banca d’Italia. In April 2006 he was elected Chairman of the Financial Stability Board and served in that function until November 2011. Prior to taking the helm of the Banca d’Italia, he was Vice-Chairman and Managing Director at Goldman Sachs International (2002-05), Director General of the Italian Treasury (1991-2001), Chairman of the Italian Committee for Privatization (1993-2001), Chairman of the European Economic and Financial Committee (2000-01) and Chairman of the OECD’s Working Party No 3 (1999-2001). From 1984 to 1990 he was an Executive Director of the World Bank.

Mr Draghi graduated from the Sapienza Università di Roma in 1970 and received his PhD in economics from the Massachusetts Institute of Technology in 1977.

Mr Draghi has been a member of the Board of Trustees of the Institute for Advanced Study in Princeton since 2009. He was previously an Honorary Trustee of the Brookings Institution and an Institute of Politics Fellow at the John F. Kennedy School of Government at Harvard University.


Stephanie Flanders

Stephanie Flanders has been Senior Executive Editor for Economics at Bloomberg News and head of Bloomberg Economics since October 2017.

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She was previously Chief Market Strategist for Europe at J.P. Morgan Asset Management in London (2013-17) and BBC Economics Editor (2008-13). She served in the second Clinton Administration as a speech writer and senior adviser to US Treasury Secretary Lawrence H. Summers (1997-2001). She has also been a reporter at the New York Times, editorial-writer and economics columnist at the Financial Times and an economist at the Institute for Fiscal Studies and London Business School. In 2016 she was appointed Chair of the Inclusive Growth Commission for the Royal Society of Arts, which delivered its final report in March 2017.


Kristin J. Forbes

Kristin Forbes is the Jerome and Dorothy Lemelson Professor of Management and Global Economics at MIT’s Sloan School of Management.

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She has regularly rotated between academia and senior policy positions. From 2014 to 2017 she was an external member of the Monetary Policy Committee for the Bank of England, from 2003 to 2005 a member of the White House Council of Economic Advisers, from 2001 to 2002 a Deputy Assistant Secretary in the US Treasury Department, and from 2009 to 2014 a member of the Massachusetts Governor’s Council of Economic Advisers.

She was honoured as one of the top 25 economists under the age of 45 who are “shaping how we think about the global economy”. She was also previously named a “Young Global Leader” by the World Economic Forum. Professor Forbes is currently a research associate at the National Bureau of Economic Research (NBER) and the Centre for Economic Policy Research (CEPR); she is also a member of the Bellagio Group and the Council on Foreign Relations. She has won numerous teaching awards and teaches one of the most popular classes at MIT’s Sloan School.

Kristin Forbes received her PhD in economics from MIT and graduated summa cum laude with highest honours from Williams College.

Her academic research addresses policy-related questions in international macroeconomics, with recent work including topics such as exchange rate pass-through, inflation dynamics, capital flows, macroprudential regulation, financial crises, contagion, current account imbalances and capital controls.


Yuriy Gorodnichenko

Yuriy Gorodnichenko is a professor in the Department of Economics, University of California at Berkeley.

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A native of Ukraine, he received his BA and MA at EERC/Kyiv-Mohyla Academy (Kiev) and his PhD at the University of Michigan. A significant part of his research has been about monetary policy (effects, optimal design, inflation targeting), fiscal policy (countercyclical policy, government spending multipliers), taxation (tax evasion, inequality), economic growth (long-run determinants, globalisation, innovation, financial frictions) and business cycles.

Yuriy Gorodnichenko serves on many editorial boards, including that of the Journal of Monetary Economics. He is a prolific researcher and he has received numerous awards for his research. His work has been published in leading economics journals (such as the American Economic Review, the Journal of Political Economy and the Review of Economic Studies) and he has been cited in policy discussions and the media.


Erica L. Groshen

Erica L. Groshen is a Visiting Senior Scholar at the Cornell University School of Industrial and Labor Relations.

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From 2013 to 2017, she served as the 14th Commissioner of the US Bureau of Labor Statistics, the principal Federal statistical agency responsible for measuring labour market activity, working conditions and inflation. Prior to that she was Vice President in the Research and Statistics Group of the Federal Reserve Bank of New York. Dr Groshen also taught economics at Barnard College, Columbia University and worked for the Federal Reserve Bank of Cleveland. She was a principal investigator of the International Wage Flexibility Project, a Research Fellow of the Institute for the Study of Labor (IZA) and the editor of the New York Fed’s flagship publication, the Economic Review. She has served on advisory boards for the US Bureau of Labor Statistics and the US Census Bureau and on the editorial board for Industrial Relations. In 2017, Dr Groshen received the Susan C. Eaton Outstanding Scholar-Practitioner Award from the Labor and Employment Relations Association.

Dr Groshen’s research has centered on jobless recoveries, wage rigidity and dispersion, the role of employers in the labour market and service sector expansion. She co-authored the book How New is the “New Employment Contract”? from the W.E. Upjohn Institute Press, and co-edited Structural Changes in U.S. Labor Markets: Causes and Consequences, from M.E. Sharpe, Inc. The academic journals she has published in include the Quarterly Journal of Economics, the Journal of Economic Perspectives, the Journal of Monetary Economics, the Review of Economics and Statistics, the Journal of Human Resources, the Industrial and Labor Relations Review and Industrial Relations.


Haruhiko Kuroda

Haruhiko Kuroda has been the Governor of the Bank of Japan since March 2013.

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Mr Kuroda holds a BA in law from the University of Tokyo (1967) and an MPhil in economics from the University of Oxford (1971). He started his career at the Japanese Ministry of Finance in 1967. His responsibilities at the Ministry encompassed fields such as international finance and national and international tax. He was seconded to the International Monetary Fund (IMF) as Advisor to an Executive Director, and served as secretary to the then Finance Minister Tatsuo Murayama. He represented the Ministry at a number of international monetary conferences as Vice-Minister of Finance for International Affairs, including meetings of the G7 Finance Ministers and Central Bank Governors, IMF/World Bank Annual Meetings and bilateral meetings between Japan and other countries or regions.

From 2003 Mr Kuroda served as Special Advisor to the Cabinet of Prime Minister Koizumi, while teaching economics and finance as a Professor at the Hitotsubashi University Graduate School of Economics. In February 2005 he took office as President of the Asian Development Bank. In the eight years of his tenure, he helped reform the institution by formulating a long-term strategy and strengthening its financial resources.


Philip R. Lane

Philip R. Lane is the 11th Governor of the Central Bank of Ireland, having taken office in November 2015.

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He is also a member of the ECB’s Governing Council and Chair of the Advisory Technical Committee of the European Systemic Risk Board (ESRB).

From 1997 to 2015 he was on the academic staff at Trinity College Dublin and he remains affiliated with the university as Whately Professor of Political Economy (on leave). Prior to joining the Central Bank of Ireland, he also chaired the Advisory Scientific Committee of the ESRB and was Director of the International Macroeconomics and Finance Programme at the Centre for Economic Policy Research (CEPR).

After his undergraduate education at Trinity College Dublin, he received his PhD in economics from Harvard University in 1995. Between 1995 and 1997 he was Assistant Professor of Economics and International Affairs at Columbia University before returning to Dublin.

His research interests include financial globalisation, macroeconomics of exchange rates and capital flows, macroeconomic policy design and European monetary integration. His work has been published in the American Economic Review, the Review of Economics and Statistics, the Journal of Economic Perspectives, the Journal of International Economics, the NBER Macroeconomics Annual and many other journals.

In 2001, he was the inaugural recipient of the German Bernacer Award in Monetary Economics for outstanding contributions to European monetary economics; in 2010, he was co-recipient of the Bhagwati Prize from the Journal of International Economics. He has also acted as an academic consultant for the ECB, the European Commission, the International Monetary Fund, the World Bank, the OECD, the Asian Development Bank and a number of national central banks. He is a former managing editor of Economic Policy.


Sabine Lautenschläger

Sabine Lautenschläger is a member of the Executive Board and Vice-Chair of the Supervisory Board of the European Central Bank.

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As a member of the Executive Board she is also a member of the Governing Council, which is responsible for monetary policy for the euro area. Since her appointment as Vice-Chair of the Supervisory Board in February 2014, she has been responsible for ECB Banking Supervision, which she represents on the Basel Committee on Banking Supervision (BCBS) and on the Financial Stability Board (FSB). Until 2016 she was also an observer on the Single Resolution Board (SRB). In addition, in her capacity as Executive Board member of the ECB, Sabine Lautenschläger is in charge of the Directorate General Statistics.

Ms Lautenschläger started her career at the Bundesaufsichtsamt für das Kreditwesen (BAKred – Federal Banking Supervisory Office), the forerunner of the Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin – Federal Financial Supervisory Authority). During her time at BAKred she held several management positions and was ultimately appointed Chief Executive Director of Banking Supervision in 2008. In 2011 Ms Lautenschläger moved to the Deutsche Bundesbank, serving as Vice-President until January 2014, when she was appointed to the Executive Board of the ECB.

Ms Lautenschläger studied Law in Bonn.


Philip Lowe

Philip Lowe has been Governor of the Reserve Bank of Australia since September 2016.

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He is Chair of the Reserve Bank Board and Payments System Board, and Chair of the Council of Financial Regulators. He is a member of the Financial Stability Board. Prior to his current role, he held the positions of Deputy Governor, Assistant Governor (Economic) and Assistant Governor (Financial System) at the Reserve Bank of Australia. He also spent two years at the Bank for International Settlements, working on financial stability issues.

Mr Lowe holds a PhD from the Massachusetts Institute of Technology and a B.Comm (Honours) in economics/econometrics from the University of New South Wales.

He has authored numerous papers, including on the linkages between monetary policy and financial stability.

Mr Lowe is Chair of the Financial Markets Foundation for Children and a director of The Anika Foundation. He is a signatory to The Banking and Finance Oath.


Philippe Marcadent

Philippe Marcadent is the Chief of the Inclusive Labour Markets, Labour Relations and Working Conditions Branch of the International Labour Office (ILO) in Geneva.

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This Branch covers a wide range of policy areas, including wages and income, labour relations and collective bargaining, working time, non-standard forms of employment, employment protection, the digital economy and informality/undeclared work. He is also the Lead of one of the 10 Policy Outcomes of the ILO which deals with the formalisation of the informal economy. This outcome is transversal to the International Labour Organization and has a worldwide coverage.

Mr Marcadent completed advanced and special mathematics classes in Montpellier. He holds an agronomist (engineer) degree and a postgraduate diploma in economics. He began his professional career in the development of econometric models in a private French bank, before working in Mexico as a micro-economist for a French research institute. Later on, Mr Marcadent joined the ILO in Africa where he played a key role in the extension of social protection to excluded people. He returned to Geneva, where for some ten years he was at the forefront of ILO activities in the field of social protection before taking up his current position.

He has published numerous publications in the field of financing, the fight against poverty, the extension of social security, working conditions and formalisation of the informal economy. His Branch is in charge of the Global Wage Report (one of the four flagship reports of the ILO) and a wide range of high-level publications covering topics such as non-standard employment around the world and industrial relations in emerging countries.


Aviv Nevo

Aviv Nevo is the seventeenth Penn Integrates Knowledge Professor at the University of Pennsylvania, with appointments in the Department of Economics in the School of Arts and Sciences, and the Department of Marketing in the Wharton School.

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Professor Nevo is a leading scholar in the fields of industrial organisation, econometrics, marketing and antitrust. He draws from his experience across academic, governmental and corporate sectors to address pressing real-world issues, opening pathways for a broader understanding of national and global economies. His past research includes topics in the areas of health economics, health care, telecommunications and real estate brokerages, as well as questions involving the demand for packaged goods and its implications for mergers and market power.

He served as chief economist in the Antitrust Division of the Department of Justice, advising attorneys on merger, civil and criminal investigations in addition to leading the division’s Economic Analysis Group. He has been retained as an expert by the Department of Justice, the Federal Trade Commission and private firms in cases related to antitrust and competition, among other matters. His expertise is routinely relied upon to help adjudicate some of the most complex investigations, commercial litigations and regulatory proceedings in countries around the world.

Professor Nevo earned a PhD in 1997 and an AM in 1994 in economics from Harvard University, as well as a BSc with Special Honours in mathematics and economics from Tel Aviv University in 1991.

He is a Fellow of the Econometric Society, Research Associate for the National Bureau of Economic Research and International Research Fellow at the Institute for Fiscal Studies in London.


Jerome H. Powell

Jerome H. Powell took office as Chairman of the Board of Governors of the Federal Reserve System in February 2018, for a four-year term.

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Mr Powell also serves as Chairman of the Federal Open Market Committee (FOMC), the System’s principal monetary policymaking body. He has served as a member of the Board of Governors since taking office in 2012, to fill an unexpired term. In 2014 he was reappointed to the Board and sworn in for a term ending in 2028.

Prior to his appointment to the Board, Mr Powell was a visiting scholar at the Bipartisan Policy Center in Washington, DC, where he focused on federal and state fiscal issues. From 1997 to 2005, Mr Powell was a partner at The Carlyle Group.

Mr Powell served as an Assistant Secretary and as Undersecretary of the Treasury under President George H.W. Bush, with responsibility for policy on financial institutions, the Treasury debt market and related areas. Prior to joining the Bush Senior Administration, he worked as a lawyer and investment banker in New York City.

Mr Powell received an AB in politics from Princeton University in 1975 and earned a law degree from Georgetown University in 1979. While at Georgetown, he was editor-in-chief of the Georgetown Law Journal.

In addition to service on corporate boards, Mr Powell has served on the boards of charitable and educational institutions, including the Bendheim Center for Finance at Princeton University and The Nature Conservancy of Washington, DC, and Maryland.


Peter Praet

Peter Praet joined the European Central Bank as a member of the Executive Board in 2011.

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He is responsible for the Directorate General Economics.

Mr Praet gained a PhD in economics from the Université libre de Bruxelles in 1980. He was an Economist at the International Monetary Fund from 1978 to 1980, Professor of Economics at the Université libre de Bruxelles from 1980 to 1987, Chief Economist of Générale de Banque and Fortis Bank from 1988 to 1999 and Chef de cabinet for the Belgian Minister of Finance from 1999 to 2000. Before joining the ECB, he was Executive Director of the Nationale Bank van België/Banque Nationale de Belgique from 2000 to 2011. Here, he was responsible for International Cooperation, Financial Stability and Oversight of Financial Infrastructures and Payments Systems. Between 2002 and 2011 he was also a member of the Management Committee of the Belgian Banking, Financial and Insurance Commission, where he was responsible for prudential policy for banking and insurance.

Mr Praet has served on several high-level international bodies, including the Basel Committee on Banking Supervision, the Committee on Payment and Settlement Systems, the Committee on the Global Financial System and the European Banking Authority. He was First Alternate of the Board of Directors of the Bank for International Settlements from 2000 to 2011.


Lucrezia Reichlin

Lucrezia Reichlin is Professor of Economics at the London Business School and Chairman and co-founder of Now-Casting Economics Ltd.

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She is a non-executive director of AGEAS Insurance Group and Eurobank Ergasias SA, a Trustee of the International Financial Reporting Standards Foundation and a Trustee of the Centre for Economic Policy Research (CEPR). She is a columnist for the Italian national daily Il Corriere della Sera and a regular contributor to Project Syndicate.

Reichlin received a PhD in economics from New York University. From 2005 to 2008 she was the Director General of Research at the ECB and previously Professor of Economics at the Université Libre de Bruxelles. From 2009 to 2018 she was non-executive director of UniCredit Banking Group. From 2013 to 2016 she was Chair of the Scientific Council at the Brussels-based think-tank Bruegel and Research Director of CEPR from 2011 to 2013.

She is a Fellow of the Econometric Society, the British Academy, the European Economic Association and Academia Europaea. In 2016 she received both the Birgit Grodal Award of the European Economic Association and the Isaac Kerstenetzky Scholarly Achievement Award.

Lucrezia Reichlin has published numerous papers on econometrics and macroeconomics. She is an expert on forecasting, business cycle analysis and monetary policy. Her papers have appeared in top scientific journals, including the American Economic Review, the Review of Economic Studies, the Review of Economics and Statistics, the Journal of Econometrics, the Journal of Monetary Economics and the Journal of the American Statistical Association.


Ricardo Reis

Ricardo Reis is the A.W. Phillips Professor of Economics at the London School of Economics.

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Professor Reis received his PhD in economics from Harvard University in 2004. He has held appointments in the Economics departments at Columbia University and Princeton University. He won the 2016 Bernacer Prize and the 2017 Banque de France/Toulouse School of Economics Junior Prize. He is currently director of the Centre for Macroeconomics, a recipient of a grant from the European Research Council and an academic consultant at the Bank of England.

Professor Reis’ research contributions are the study of sticky information and disagreement in surveys of expectations, capital misallocation as a cause for the European slump, and the role of reserves on quantitative easing and central bank solvency. He has also carried out research on the dynamics of inflation and how to control it, the operation of optimal fiscal stabilisers, and the development of sovereign bond-backed securities (ESBies).


Uta Schönberg

Uta Schönberg is a Professor of Economics at University College London (UCL) and a Researcher at the Institute for Employment Research (IAB) in Nuremberg.

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Professor Schönberg graduated from the University of Hanover (MS, 1998) and University College London (PhD, 2004). Before joining the UCL faculty in 2008, she was an Assistant Professor at the University of Rochester.

Uta Schönberg was awarded the Philip Leverhulme Prize in 2016. She is currently a Joint Managing Editor at the Review of Economic Studies.

Her main research area is in labour economics, with a special interest in wage inequality and wage dynamics; family economics; the economics of education; and the economics of migration. Her research has been published in prestigious international journals such as the Quarterly Journal of Economics, the American Economic Review and the Journal of Political Economy, among others.


James H. Stock

James H. Stock is the Harold Hitchings Burbank Professor of Political Economy, Faculty of Arts and Sciences and member of the faculty at the Harvard Kennedy School.

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He received an MS in statistics and a PhD in economics from the University of California at Berkeley. He is Co-Editor of the Brookings Papers on Economic Activity, and is a co-author (with Mark Watson) of a leading introductory econometrics textbook. He previously served as Managing Editor of the Review of Economics and Statistics from 1992 to 2003, as Chair of the Harvard Economics Department from 2007 to 2009, as Co-Editor of Econometrica from 2009 to 2012, and as a member of President Obama’s Council of Economic Advisers from 2013 to 2014. He is a member of the Business Cycle Dating Committee at the National Bureau of Economic Research (NBER) and of the Congressional Budget Office’s Panel of Economic Advisers. He is also a Fellow of the Econometric Society.

His research areas are empirical macroeconomics, econometric methods, monetary policy, and energy and environmental policy. His research has been published in Econometrica, the American Economic Review, the Journal of Political Economy, the Review of Economic Studies and the Proceedings of the National Academy of Sciences, among other journals.


Lawrence H. Summers

Lawrence H. Summers is the Charles W. Eliot University Professor and President Emeritus of Harvard University.

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He is also the Weil Director of the Mossa-var-Rahmani Center for Business and Government at Harvard’s Kennedy School.

During the past two decades, he has served in a series of senior policy positions in Washington, DC, including the 71st Secretary of the Treasury for President Clinton; Director of the National Economic Council for President Obama; and Vice President of Development Economics and Chief Economist of the World Bank.

He received a Bachelor of Science degree from the Massachusetts Institute of Technology in 1975 and was awarded a PhD from Harvard in 1982. In 1983, he became one of the youngest individuals in recent history to be named as a tenured member of the Harvard University faculty. In 1987, Mr Summers became the first social scientist ever to receive the annual Alan T. Waterman Award of the National Science Foundation, and in 1993 he was awarded the John Bates Clark Medal, given every two years to the most outstanding American economist under the age of 40.


Tommaso Valletti

Tommaso Valletti currently serves as Chief Economist of the Directorate General for Competition at the European Commission.

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He is on leave from his positions as Professor of Economics at Imperial College Business School in London and at the University of Rome Tor Vergata.

He has a magna cum laude degree in engineering from Turin and holds an MSc and a PhD in economics from the London School of Economics. He has previously taught at the London School of Economics, Telecom ParisTech/École Polytechnique and in Turin. He is a Fellow of the Centre for Economic Policy Research (CEPR) and of CESifo. He has held several editorial positions, including Editor of Information Economics & Policy and Associate Editor of the Journal of Industrial Economics and of Economica. He was a board director of Consip, the Italian public procurement agency.

Mr Valletti’s main research interests are in industrial economics, regulation and competition policy. He has published numerous articles in journals such as the American Economic Review, the Economic Journal, the Journal of the European Economic Association, the Journal of Industrial Economics, the Journal of International Economics, Management Science, Marketing Science, the RAND Journal of Economics and the Review of Economic Studies.


Michael Weber

Michael Weber is an Assistant Professor of Finance and Cohen Keenoy Faculty Scholar at the University of Chicago Booth School of Business.

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He is also a faculty research fellow at the National Bureau of Economic Research (NBER) in the Monetary Economics and Asset Pricing groups, a member of the Macro Finance Society, a research affiliate at the CESifo Research Network and a visiting researcher at the Bureau of Labor Statistics.

His research was awarded the 2017 Chakoozian Endowed Risk Management Prize, the 2016 ECB Lamfalussy Research Fellowship, the 2016 Center for Financial Research Best Paper Award, the Top Finance Graduate Award 2014, the WFA Cubist Systematic Strategies PhD Award for Outstanding Research, the UBS Best Conference Paper Prize at the EFA Annual Meeting 2014, the 2014 EFA Best Doctoral Student Conference Paper Prize, the Best Finance PhD Award in Honor of Prof. Greenbaum 2013 (Finalist), the Best PhD Student Paper Award at the FMA European Conference 2014, and the 2013 AQR Insight Award.

Michael Weber earned a PhD and an MS, both in finance, from the Haas School of Business at the University of California at Berkeley. He also holds a Diplom in business economics (with distinction) from the University of Mannheim.

His research interests include asset pricing, macroeconomics, international finance and household finance. He has published in leading economics and finance journals such as the American Economic Review, The Review of Economic Studies and the Journal of Financial Economics.


Charles Wyplosz

Charles Wyplosz is Professor of International Economics at the Graduate Institute, Geneva, where he is Director of the International Centre for Money and Banking Studies.

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He currently serves as Policy Director of the Centre for Economic Policy Research. His main research areas include financial crises, European monetary integration, fiscal policy and regional monetary integration.

He is the co-author of two leading textbooks and he has published several other books as well as articles. He has served as a consultant to many international organisations and governments, and is a frequent contributor to the public media. A French national, he holds a degree in engineering from École Centrale, Paris, and a PhD in economics from Harvard University.


Klaus F. Zimmermann

Klaus F. Zimmermann is President of the Global Labor Organization (GLO), based in Essen, Germany.

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He is also Co-Director of the Centre for Population, Development and Labour Economics (POP) at UNU-MERIT (Maastricht University) and a Full Professor of Economics at Bonn University; an Honorary Professor at Maastricht University, the Free University of Berlin and Renmin University of China, Beijing; and a member of the German Academy of Sciences Leopoldina, the Regional Science Academy and Academia Europaea (including Chair of the latter’s section for Economics, Business and Management Sciences). He is a Research Fellow of the Centre for Economic Policy Research (CEPR) and a Fellow of the European Economic Association. He is Editor-in-Chief of the Journal of Population Economics and is on the editorial board of the International Journal of Manpower, Research in Labor Economics and Comparative Economic Studies, among others.

Previously, he was the Founding Director of the Institute for the Study of Labor (IZA) and President of the German Institute for Economic Research (DIW). He has held professorships and visits at the universities of Macquarie, Melbourne, Princeton, Harvard, Munich, Kyoto and Pennsylvania, as well as at Dartmouth College. He was the Managing Editor of Economic Policy and was on the editorial boards of the Journal of Applied Econometrics, Labour Economics and the European Economic Review.

Klaus Zimmermann studied economics and statistics, and holds a Diplom-Volkswirt, a doctorate and a post-doctoral degree (Habilitation) from the University of Mannheim.

He has been the recipient of numerous honours, including the Outstanding Contribution Award 2013 of the European Investment Bank and the Australian Eminent Research Scholar Award 2017.

His areas of focus are population, labour, development and migration. His contributions have been published in numerous leading economics journals.