Bill Nelson on the Growth of the Federal Reserve

Bill Nelson on the Growth of the Federal Reserve

Bill Nelson is a chief economist and an executive vice president at the Bank Policy Institute. Bill previously was a deputy director of the Division of Monetary Affairs at the Federal Reserve Board where his responsibilities included monetary policy analysis, discount window policy analysis, and financial institution supervision. Bill also worked closely with the BIS working groups and the design of liquidity regulations. Bill rejoins David on Macro Musings to discuss his article titled, "I Don't Know Why She Swallowed a Fly," which looks back at the significant growth of the Federal Reserve, both in its reach and in its size, since the Great Recession of 2007-09. Additionally, Bill and David discuss steps the Fed could take to return to a reasonably sized institution, conducting policy with a light imprint on financial markets.

Transcript for the episode can be found here.

Bill's SIFMA profile: https://www.sifma.org/people/bill-nelson/

Bill's BPI archive: https://bpi.com/tag/bill-nelson/

Bill's American Banker archive: https://www.americanbanker.com/author/william-nelson-ab3618

Related Links:

*I Don't Know Why She Swallowed a Fly* by Bill Nelson

https://morningconsult.com/opinions/i-dont-know-why-she-swallowed-a-fly/

*Why Do We Need Both Liquidity Regulations and a Lender of Last Resort? A Perspective from Federal Reserve Lending during the 2007-09 U.S. Financial Crisis* by Bill Nelson, Mark Carlson, and Burcu Duygan-Bump

https://www.federalreserve.gov/econresdata/feds/2015/files/2015011pap.pdf

David's blog: macromarketmusings.blogspot.com
David's Twitter: @DavidBeckworth

Episoder(546)

42 – Jesus Fernandez-Villaverde on European Economic History and Macroeconomic Modeling

42 – Jesus Fernandez-Villaverde on European Economic History and Macroeconomic Modeling

Jesus Fernandez-Villaverde is a professor of economics and director of graduate studies of economics at the University of Pennsylvania. He joins the show to discuss both his extensive work in economic...

30 Jan 20171h 2min

41 - Gauti Eggertsson on the Zero-Lower Bound and Liquidity Traps

41 - Gauti Eggertsson on the Zero-Lower Bound and Liquidity Traps

Gauti Eggertsson is a professor of economics at Brown University. Previously, he worked at the research departments at the International Monetary Fund and the Federal Reserve Bank of New York. He join...

23 Jan 20171h

40 - Anat Admati on Debt, Equity, and Financial Instability

40 - Anat Admati on Debt, Equity, and Financial Instability

Anat Admati is the George G.C. Parker Professor of Finance and Economics at Stanford University's Graduate School of Business and co-author of the book, *The Bankers' New Clothes: What's Wrong with Ba...

16 Jan 20171h 3min

39 - Allan Meltzer on the Monetarist Counterrevolution and Economic Reforms

39 - Allan Meltzer on the Monetarist Counterrevolution and Economic Reforms

In this week's special episode recorded in front of a live audience, David interviews the renowned monetary economist, Allan Meltzer. Meltzer, a professor of political economy at Carnegie Mellon Unive...

9 Jan 201753min

38 - Ylan Mui on the Fed Beat and Trumponomics

38 - Ylan Mui on the Fed Beat and Trumponomics

Ylan Mui covers White House economic policy for the Washington Post. Previously, she covered the Federal Reserve. Today, she joins the show to discuss what it is like to attend Fed press conferences a...

2 Jan 20171h

37 - Laura Birg and Anna Goeddeke on Christmas Economics

37 - Laura Birg and Anna Goeddeke on Christmas Economics

In this week's special episode, David discusses the economics of Christmas with Laura Birg, a post-doctoral researcher at the University of Goettingen, and Anna Goeddke, a professor of economics at th...

19 Des 201654min

36 - The Macroeconomics of Star Wars and Star Trek

36 - The Macroeconomics of Star Wars and Star Trek

In this week's special episode, David compares and contrasts the economics of the Star Wars and Star Trek universes. He is joined by Zachary Feinstein, an Assistant Professor at Washington University ...

12 Des 201658min

35 - Peter Conti-Brown on *The Power and Independence of the Federal Reserve*

35 - Peter Conti-Brown on *The Power and Independence of the Federal Reserve*

Peter Conti-Brown is an Assistant Professor at The Wharton School of the University of Pennsylvania. He joins the show to discuss his new book, *The Power and Independence of the Federal Reserve,* whi...

5 Des 20161h 7min

Populært innen Business og økonomi

stopp-verden
dine-penger-pengeradet
lydartikler-fra-aftenposten
e24-podden
rss-borsmorgen-okonominyhetene
rss-penger-polser-og-politikk
pengepodden-2
finansredaksjonen
utbytte
rss-politisk-preik
livet-pa-veien-med-jan-erik-larssen
morgenkaffen-med-finansavisen
pengesnakk
tid-er-penger-en-podcast-med-peter-warren
stormkast-med-valebrokk-stordalen
lederpodden
rss-sunn-okonomi
okonomiamatorene
rss-markedspuls-2
lederskap-nhhs-podkast-om-ledelse