Prof. Dr. Adam Posen

Biografie

Adam Posen has been appointed to the Monetary Policiy Committee of the Bank of England in 2009. He is also a Senior Fellow of the Peterson Institute for International Economics in Washington, DC, which he joined in 1997. His research focuses on macroeconomic policy and performance, European and Japanese political economy, and central banking issues. He is an excellent speaker on financial and macroeconomic issues.

A widely-cited expert on monetary policy, Adam Posen has been a visiting scholar at central banks worldwide, including on multiple occasions at the Federal Reserve Board, the European Central Bank, and the Deutsche Bundesbank. In 2006, he was on sabbatical leave from the Peterson Institute as a Houblon-Norman Senior Fellow at the Bank of England.

He has also been a consultant to several U.S. government agencies, the European Commission, the Japanese Ministry of Economy, Trade, and Industry, and to the International Monetary Fund on a variety of economic and foreign policy issues. He is in his second two-year term as a member of the Panel of Economic Advisers to the Congressional Budget Office.

He has been a frequent contributor to the opinion page of the Financial Times, and has also published in Foreign Affairs, the New York Times, the Wall Street Journal, the Washington Post, Die Zeit, Welt am Sonntag, and the Nihon Keizai Shimbun, among many other leading newspapers. He is the Associate Editor of The International Economy magazine, for which he writes a regular column “The Monetary Realist”.

Dr. Posen has been a consultant on fixed-income and foreign exchange markets to some of the leading global financial companies and private investment firms. From 1994-1997, he was an economist at the Federal Reserve Bank of New York, where he advised senior management on monetary strategies, the G-7 economic outlook, and European monetary unification.

In 1993-94, he was Okun Memorial Fellow in Economic Studies at the Brookings Institution, and won the Amex Bank Review Awards Silver Medal for his dissertation research on central bank independence. In 1992-93, he was resident in Germany as a Bosch Foundation Fellow. He received his Ph.D. and his A.B. (Phi Beta Kappa) from Harvard University, where he was a National Science Foundation Graduate Fellow.

Dr. Posen is a member of the Council on Foreign Relations. He is a research associate of the Center for the Japanese Economy and Business of Columbia University, a fellow of the CESifo Research Network, and has been a Public Policy Fellow at the American Academy in Berlin (in 2001).

For the duration of his term at the Bank of England (until September 2012) he is not accepting paid speaking engagements.

Themen

• Is the Euro displacing the Dollar as an international currency?
• What the Fed and the ECB are doing right, and what happens next
• The economic outlook for the US and major economies for 2008-10
• What the US presidential election means for economic policy
• Economic reform in Europe: getting past fatigue
• The future of monetary policy under globalization and inflation
• Japan then, the US today: more different than parallel
• An agenda for post-bubble financial integration
• Germany behind the Exportweltmeisterschaft
• Some promising avenues for transatlantic economic cooperation
• Central bank transparency: too much of a good thing?

Publikationen

• Reform and Growth in a Rich Country: Germany, 2008
• The Euro at Five: Ready for a Global Role?, 2005 (editor and part-author)
• The Japanese Financial Crisis and its Parallels with U.S. Experience, 2000 (editor and part-author)
• Inflation Targeting: Lessons from the International Experienc, 1999 (co-author with Ben Bernanke, et al), Restoring Japan’s Economic Growth, 1998