The Globalization of Monetary Policy Topic of Yale Lectures

Kenneth S. Rogoff, the Thomas D. Cabot Professor of Public Policy and Professor of Economics at Harvard University, will present two Arthur M. Okun Lectures at Yale on the globalization of monetary policy.

Free and open to the public, the lectures will be held October 3 and 4 in the General Motors Room at Horchow Hall, 55 Hillhouse Ave., from 4 to 5:30 p.m.

From 2001–2003, Rogoff served as chief economist and director of research at the International Monetary Fund. He is also a former director of the Center for International Development at Harvard. He is an elected member of the American Academy of Arts and Sciences as well as the Econometric Society, and a fellow of the World Economic Forum. He has published widely on a broad range of topics in international finance including central bank independence, exchange rates and international debt. Not least of his accomplishments, Rogoff holds the life title of international grandmaster of chess.

Rogoff’s lectures will explore how globalization has helped shape modern monetary policy, and how monetary policy in turn has helped shape globalization. To what extent can today’s low levels of inflation and volatility be viewed as a virtuous circle catalyzed by innovations in central bank strategy and institutions, and what types of shocks could set off a reversal?

This event is part of the Arthur M. Okun lecture series, which started in the early 1980s. It is dedicated to the memory of Yale economics professor Arthur M. Okun. The purpose of the lecture series is to perpetuate the kind of policy-oriented theoretical and empirical economics at which Okun excelled. These Okun lectures will be published in book form by Yale University Press.

For more information, please contact Carol Copeland at (203) 432-3726 or

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