Bradley Distinguished Lecture Series: U.S Economic Outlook – Is Another Recession Looming?
Tuesday, December 18, 2018 @ 11:30 am - 1:30 pm
University Club, 924 E. Wells St.
Lunch will be provided
The U.S. economy is booming, but will this last? The Federal Reserve is on a path to continue to raise interest rates. The U.S. fiscal deficit has widened despite strong economic growth, and the U.S. administration is deepening its “trade war” with China. At the same time, most of the rest of the world’s economies are slowing. But how resilient is the U.S. economy? Will growth fall off once the stimulus effect of the tax reduction wanes and the impact of the trade tensions hit the economy? Or are the tax and regulatory reforms providing more incentives for investment that will lead to productivity increases, higher wages, and continued growth? Dr. Randall Kroszner will provide his analysis and views on the U.S. economic outlook.
Randall S. Kroszner is the Norman R. Bobins Professor of Economics and Deputy Dean for Executive Programs at the Booth School of Business at the University of Chicago.
From 2006 to 2009, he served as a Governor of the U.S. Federal Reserve System, where he took a lead role in developing responses to the financial crisis. He chaired the Fed’s Committee on Supervision and Regulation and the Committee on Consumer and Community Affairs. He was a member of the U.S. President’s Council of Economic Advisors from 2001 to 2003, where he worked on issues including sovereign debt restructuring, currency crisis management, financial regulation, and corporate governance.
Dr. Kroszner currently serves as the Chair of the Financial Research Advisory Committee to the Office of Financial Research at the U.S. Treasury. He is a member of the Federal Reserve Bank of Chicago’s Academic Advisory Council and is a member of the advisory board of the Paulson Institute. He is also a Research Associate of the National Bureau of Economic Research.
Among his many scholarly publications, Dr. Kroszner co-authored a book with Nobel laureate Robert J. Shiller, Reforming U.S. Financial Markets: Before and Beyond Dodd-Frank, which appeared on the Washington Post’s “Book World” political bestsellers list. His paper on corporate ownership won the Brattle Prize for best corporate finance paper in the Journal of Finance.
Dr. Kroszner earned a bachelor’s degree in applied mathematics and economics from Brown University and master’s and doctoral degrees in economics from Harvard University.
For more information contact Debbie Roy at the Lubar School of Business, 414/229-3824 or email@example.com.