Conversations with Economists: Philip Turner (BIS), Oct 3
Conversations with Economists: Philip Turner (BIS), Oct 3
Conversations with Economists Lecture:
Philip Turner, Bank of International Settlements (BIS) will present -
International Money
Monday, October 3rd, 2011
5:30-7pm
CAS, Room 224
“What is international money?”. The 2007-20xx financial crisis has given thisold question new life. Central banks are not only the ultimate providers ofdomestic money, but also have the capacity to influence exchange rates andlong-term debt markets. Because most international contracts are in dollars,the Federal Reserve has a pivotal role that has been reinforced by the crisis.But the massive dollar investments of other central banks also have an impact.What the international banking system does to “multiply” (or more recently“divide”) the money that central banks “create” will change over time. We try tounderstand how central banks should in turn respond to the reactions ofinternational banks.”
- Flyer
- http://www.bu.edu/econ/seminars-workshops/special/conversations/
For information, please contact:
Norma Hardeo - hardeo@bu.edu, 617-353-4623