Randall Kroszner will explore “Lessons from the Financial Crisis for Economic Policy” Wednesday, Feb. 12, at 5 p.m. at Elkins Auditorium, Malibu.
Kroszner served as a governor of the Federal Reserve System from 2006 to 2009. He chaired the Fed's committee on Supervision and Regulation and the committee on Consumer and Community Affairs. In these capacities, he took a leading role in developing responses to the financial crisis and in undertaking new initiatives to improve consumer protection and disclosure for credit cards and mortgages. He represented the Fed on the Financial Stability Board, the Basel Committee on Banking Supervision, and the Central Bank Governors of the American Continent. Dr. Kroszner chaired the working party of the Organization for Economic Cooperation and Development (OECD), composed of deputy central bank governors and finance ministers, on the Promotion of Better International Payments Equilibrium. As a member of the Fed Board, he was also a voting member of the Federal Open Market Committee.
Krosner has more than 100 publications on topics including banking and financial regulation, corporate governance, the Great Depression, and monetary policy. His paper on corporate ownership won the Brattle Prize for best corporate finance paper in the Journal of Finance. His book with Robert J. Shiller, Reforming U.S. Financial Markets: Reflections Before and Beyond Dodd-Frank (MIT Press, 2011) has been on the Washington Post's Book World political bestsellers list. He has been a visiting scholar at institutions around the world, including the London School of Economics, Stockholm School of Economics, Free University of Berlin, the IMF, the SEC, and Yonsei University in Seoul.
For more information, visit the W. David Baird Distinguished Lecture Series website.