Laurence Ball Gary Burtless Donald Kohn Kathryn Dominguez Johns Hopkins University The The Brookings Institution "Can We Reverse the Damage "Lessons of the Great Recession for "Central Banking in the Great "International Dimensions of from the Great Recession?" Economic Policymaking" Recession" the Great Recession and the Wednesday, October 15, 2014 Wednesday, November 12, 2014 Wednesday, February 18, 2015 Weak Recovery." 3-4:30 p.m. Wednesday, March 4, 2015 3-4:30 p.m. 3-4:30 p.m. 3-4:30 p.m.

Laurence Ball is Professor of Economics at Johns Gary Burtless holds the Whitehead Chair in Economic Donald Kohn is Senior Fellow at the Brookings Institu- Kathryn Dominguez is Professor of Public Policy and Hopkins University, where he has served since 1994. Studies at the Brookings Institution in Washington, DC. tion. He is a 40-year veteran of the Economics at the University of Michigan and Research He is a Research Associate at the National Bureau of He does research on issues connected with poverty and System and served on the Board of Governors of the Associate at the National Bureau of Economic Re- Economic Research and a Visiting Scholar at the In- income distribution, public finance, aging, labor mar- Federal Reserve from 2002 to 2010, the last four years search. Her research interests include topics in interna- ternational Monetary Fund. His research interests in- kets, social insurance, and the behavioral effects of as vice chairman. He has also been appointed by the tional financial markets and macroeconomics, and her clude unemployment, inflation, and monetary and government tax and transfer policy. In recent work Dr. government of the United Kingdom to serve on the recent work focuses on European economies in the fiscal policy. Professor Ball’s work has led him to Burtless has assessed the impact of the 2008-2010 Financial Policy Committee at the . Great Recession and how exchange rates and reserve testify before congressional committees on fiscal and stimulus programs on U.S. social protection and the Dr. Kohn is on a number of advisory committees to US management impact their recovery. monetary policy and financial services during the re- economy, evaluated the implications of financial mar- government agencies, including for the Office of Finan- cent economic crisis. His recent research focuses on ket fluctuations for the design of optimal pension sys- cial Research, the FDIC, and the Congressional Budget Professor Dominguez has written many research articles unemployment, inflation targeting and costs of defla- tems, estimated the impact of public and private health Office. His research focuses on issues of monetary pol- on foreign exchange rate behavior, published in the tion and macro policy responses following the Great insurance on the distribution of American household icy, financial regulation and macroeconomics. American Economic Review, European Economic Re- Recession. incomes, and analyzed the growing disparity in ex- view, Journal of Monetary Economics, Journal of Inter- pected life spans among Americans with low and high Kohn has many research publications in academic and national Economics, Carnegie-Rochester Series on Ball has published numerous research articles which incomes. policy journals, some of which deal with monetary pol- Public Policy, Journal of International Money and Fi- appear in the American Economic Review, Quarterly icy in the Great Recession. He has given several testi- nance, IMF Economic Review, Journal of the Japanese Journal of Economics, Journal of Political Economy, Burtless has published numerous research articles, ap- monies before congressional committees during the and International Economies, and Journal of Economic Review of Economic Studies, Economic Journal, Jour- pearing in the American Economic Review, Journal of recent economic crisis, including American Interna- Perspectives. Professor Dominguez has contributed to nal of Monetary Economics, Journal of Money, Credit Political Economy, Review of Economic Studies, Jour- tional Group Before the Committee on Banking, Hous- several edited books, including NBER International and Banking, Brookings Papers on Economic Activity, nal of Labor Economics, Journal of Public Economics, ing, and Urban Affairs, U.S. Senate, Washington, D.C. Seminar on Macroeconomics (edited by Reichlin and and Carnegie-Rochester Conference Series in Public Industrial and Labor Relations Review, and The Tax March 5, 2009; Troubled Asset Relief Program Before West, 2010), and is the author of a book (with Jeffrey Policy. He is the author of Money, Banking, and Fi- Journal. He is coauthor of four books, including Glo- the Committee on Financial Services, U.S. House of Frenkel) titled Does Foreign Exchange Intervention nancial Markets (Worth Publishers, second edition baphobia: Confronting Fears about Open Trade (1998) Representatives, Washington, D.C. January 13, 2009; Work? 2011), and Macroeconomics and the Financial System and Growth with Equity: Economic Policymaking for Risk Management and its Implications for Systemic (with Gregory Mankiw), Worth Publishers 2010. the Next Century (1993). He was also editor and con- Risk Before the Subcommittee on Securities, Insurance, Dominguez has a Ph.D. in Economics from Yale Uni- tributor to six books, including A Future of Lousy Jobs? and Investment, Committee on Banking, Housing, and versity. She has also taught at the Kennedy School of Ball has a Ph.D. in Economics from the Massachusetts The Changing Structure of U.S. Wages (1990) and most Urban Affairs, U.S. Senate June 19, 2008. Government, the Woodrow Wilson School of Public Institute of Technology. He has also taught at Prince- recently Closing the Deficit: How Much Can Later Re- and International Affairs, the London School of Eco- ton, Harvard and NYU and has been a Visiting tirement Help? (2013). Kohn has a Ph.D. in Economics from the University of nomics, and the Goldman School of Public Policy at UC Scholar at a number of central banks, including the Michigan. He is also a member of an advisory commit- Berkeley, and was a research consultant for the Federal Federal Reserve, Bank of England, Bank of Japan, Burtless has a Ph.D. in Economics from the Massachu- tee at IMF Monetary and Capital Markets Department, Reserve System, the International Monetary Fund, the Central Bank of Norway, Reserve Bank of New Zea- setts Institute of Technology. He has served as co- and was Chair of the Committee on the Global Finan- World Bank and the Bank for International Settlements. land, and Hong Kong Monetary Authority. He is on editor of the Brookings-Wharton Papers on Urban Af- cial System at the Bank for International Settlement She is on the editorial board of Journal of International the editorial board of International Finance and Open fairs and as associate editor of the Journal of Human from 2006 to 2010. Economics, Journal of International Financial Markets, Economies Review. Resources. Institutions and Money, and Review of International Economics. 51st Werner Sichel Barry Eichengreen Till von Wachter Dr. Werner Sichel University of California, Berkeley University of California Lecture Series 2014-2015 This series is named for longtime "Hall of Mirrors: The Great at Los Angeles WMU economics professor and Depression, the Great Recession, "Cleansing Effects from the Great former department chair and the Uses – and Misuses -- of Recession" Dr. Werner Sichel, who retired in History" Wednesday, April 8, 2015 2004. The success and longevity Wednesday, March 25, 2015 3-4:30 p.m. 3-4:30 p.m. of this series is a testament to his Lessons From the vision and guidance. Great Recession Barry Eichengreen is the George C. Pardee and Helen Till von Wachter is Associate Professor in the Depart- N. Pardee Professor of Economics and Professor of ment of Economics at the University of California-Los Political Science at the University of California, Angeles, where he has taught since 2012. He is also a Berkeley, where he has taught since 1987, and Pitt faculty research affiliate of the California Center for The 2014-2015 Sichel Lecture Series brings to WMU Lectures will be held in 2028 Brown Hall Professor of American History and Institutions, Uni- Population Research, the National Bureau of Eco- campus six distinguished economists whose presenta- from 3-4:30 p.m. versity of Cambridge, 2014-15. He is a Research As- nomic Research, and adjunct research affiliate for tions will discuss the lessons from the Great Reces- Free and open to the public sociate of the National Bureau of Economic Research RAND. His research interests include labor econom- sion. This year’s Sichel Lecture Series is directed by and Research Fellow of the Centre for Economic Pol- ics, economics of aging, and macroeconomics. Profes- Professor Eskander Alvi and is co-sponsored by the icy Research (London, England). He is a fellow of the sor von Wachter’s work has been the subject of sev- Department of Economics, College of Arts and Sci- Laurence Ball American Academy of Arts and Sciences. Professor eral congressional testimonies, and news outlets such ences and the W.E. Upjohn Institute for Employment "Can We Reverse the Damage from the Great Eichengreen’s research interests are in the areas of as the New York Times and the Wall Street Journal Research. Recession?" international economics, macroeconomics, and eco- have frequently quoted his research. nomic history. He has written extensively on curren- Gary Burtless cies and exchange rate mechanisms, and more re- von Wachter’s writings on job displacement, unem- For more information please contact Dr. Eskander cently on the financial crisis in the U.S. and Europe. ployment insurance, and the costs of recessions for Alvi at [email protected] or (269) 387-5547. "Lessons of the Great Recession for Economic young workers have been published in the American All presentations are free and open to the public. Policymaking" Eichengreen has published numerous research articles Economic Review, Quarterly Journal of Economics, covering a broad spectrum from macroeconomics to American Economic Journal: Applied Economics, development and international economics to eco- Review of Economics and Statistics, Journal of Eco- Donald Kohn nomic history and institutions. His most recent books nomic Literature, Brooking Papers on Economic Ac- "Central Banking in the Great Recession" are Hall of Mirrors: The Great Depression, The Great tivity, Industrial Labor Relations Review, and Journal Recession, and the Uses--and Misuses--of History of Economic Perspectives. He is also coeditor of The Kathryn Dominguez (forthcoming January 2015), From Miracle to Matur- Analysis of Firms and Employees: Quantitative and "International Dimensions of the Great Reces- ity: The Growth of the Korean Economy with Dwight Qualitative Approaches (University of Chicago Press, sion and the Weak Recovery." H. Perkins and Kwanho Shin (2012), and Exorbitant 2008). Privilege: The Rise and Fall of the Dollar and the von Wachter has a Ph.D. in Economics from Univer- Barry Eichengreen Future of the International Monetary System (2011), "Hall of Mirrors: The Great Depression, the which was shortlisted for the Financial Times and sity of California at Berkeley. He has advised the U.S. Great Recession, and the Uses – and Misuses -- Goldman Sachs Business Book of the Year Award. Department of Labor, the Canadian labor ministry, the Department of Economics International Monetary Fund, the World Bank, the 5307 Freidman Hall of History" Eichengreen has a Ph.D. in Economics from Yale OECD, and the United Nations. He is a frequent col- Western Michigan University University. He is the 2010 recipient of the Schum- laborator of the German Social Security Agency. Be- Kalamazoo MI 49008 USA Till von Wachter peter Prize from the International Schumpeter Soci- fore joining UCLA he taught at Columbia University. (269) 387-5535 "Cleansing Effects from the Great Recession" ety, and was named one of Foreign Policy Magazine's He is an associate editor of Industrial Relations: A 100 Leading Global Thinkers in 2011. Journal of Economy and Society.