Given at the 36th Annual Economic Policy Conference, St. Louis. October 20, 2011.

Delivered at the High Profile Speaker Series, New York Society of Security Analysts, New York City. November 8, 2010.

Presented at the Annual Dealmakers Event, San Diego, California.

Presented at CFA Society of St. Louis. November 15, 2011.

Presented in London, U.K. Addressed members of various financial institutions on Wednesday at the UBS Macro Dinner in London.

The U.S. economy appears to have experienced a pronounced shift toward higher productivity over the last five years or so. We wish to understand the implications of such shifts for the structure of optimal monetary policy rules in simple dynamic economies. Accordingly, we begin with a standard...

This paper presents a model of economic growth based on the life-cycle hypothesis to determine the path of international capital flows as the baby boom passes through the U.S. economy. The model predicts that a baby boom causes a temporary increase in capital flow into the U.S. but the increase...

April 18, 2011. Presented at Kentucky Day with the Commissioner, Louisville, Ky.

Presented at the Fed Exchange Conference, Rogers, Arkansas

Presented at the National Economists Club, Washington D.C. December 2, 2010.