Myron Scholes
Global Markets Forum

September 27, 2011, 5:30 - 7 PM

Global Imbalances: Current Accounts and Financial Flows

Stephen Cecchetti discussed global imbalances and answer the following questions: What's the problem? Why do we care? Is there a way out?

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This event was part of the Initiative on Global Markets (IGM) and is generously sponsored by Myron Scholes.

The IGM also receives financial support from our corporate partner, AQR Capital Management.


Gleacher Center
University of Chicago
Booth School of Business
450 North Cityfront Plaza Drive
Room 621
Chicago, Illinois 60611


Jennifer Williams

Speaker Profiles

Stephen Cecchetti was appointed economic adviser and head of the Monetary and Economic Department at the Bank for International Settlements (BIS) on July 1, 2008.

Prior to joining the BIS, Cecchetti was the Barbara and Richard M. Rosenberg Professor of Global Finance at the Brandeis International Business School. Previously, he held various other positions, including executive vice president and director of research at the Federal Reserve Bank of New York, professor of economics at Ohio State University, and editor of the Journal of Money, Credit, and Banking.

Cecchetti was educated at MIT in 1977 and the University of California at Berkeley, where he received a PhD in economics in 1982. He is married with two children.

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