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Published on Oct 17, 2013
Tom Klitgaard, Vice President, Research and Statistics Group, "The Federal Reserve in the 21st Century" Symposium.
- What happened in Europe? - Balance of payments crisis inside a monetary union - Problem when economies are deleveraging
This video presentation is part of a series by Federal Reserve Bank of New York economists and senior staff focus on post-crisis issues in monetary and financial stability policy and can serve as reference material for macroeconomics and money, banking and financial markets courses. All videos were recorded on March 4 and 5, 2013 during the symposium and are appropriate for college professors or students.
The New York Fed invites you to use this videos and corresponding slides (on the website) for educational purposes. We also encourage you to watch the entire playlist: Talks on Monetary Policy and the corresponding YouTube playlist: Talks on Financial Stability.