Remarks at Panel Discussion at 2012 U.S. Monetary Policy Forum, New York City.

Remarks at the Quarterly Regional Economic Press Briefing, New York City.

Remarks at the Quarterly Regional Economic Press Briefing, New York City.

Remarks at Panel Discussion at 2012 U.S. Monetary Policy Forum, New York City.

This study shows that the origins of the sovereign debt crisis within the euro area are to be found within the private sector and in economic policy mistakes rather than only in the profligacy of some national governments in the Southern periphery of Euroland. Sovereign debtors and their private...