William White – Working Paper No.250 – Federal Reserve Bank of Dallas – Globalization and Monetary Policy Institute – September 2015
The current belief system that says “all will be well” if domestic price stability can be maintained is fundamentally flawed. If this can be achieved only through monetary, credit and debt expansion, the end result will be an increased risk of systemic crisis.
WP 250 finalPresentation by William White at the 2nd Annual IMF Financial Stability and Systemic Risk Forum ‘Capital Flows and Macroprudential Policies’
at the IMF Headquarters, Washington DC on 14 March 2014
IMFSummaryDoc2014Article from Bill White published in the ‘School of Public Policy – SPP Research papers – University of Calgary – Volume 6 Issue 33, OCTOBER 2013
w-white-prudential-finalWilliam White – Working Paper No.155 – Federal Reserve Bank of Dallas – Globalization and Monetary Policy Institute – September 2013
WP 155 final versionWorking Paper no 126 – Federal Reserve Bank of Dallas Globalization and Monetary Policy Institute
UltraeasymonetarypolicyV5_0Presentation at the INET Conference “Rethinking Economics and Politics: Paradigm Lost’ – Berlin 12 April 2012
Presentation at the Reserve Bank of India,Mumbai – 2 February 2012
Second International Research Conference on ‘Monetary Policy, Sovereign Debt and Financial Stability – The New Trilemma’.
The objective of this paper is to investigate the origins of the current economic and financial crisis, the worst since the Great Depression, and to draw two policy lessons. The first of these has to do with policies to extricate ourselves from the current global crisis. Virtually all of the policies followed to date, while supportive of growth in the short term, seem likely to make our current difficulties more intractable over time. The second has to do with the policy changes required to avoid similar problems in the future. In effect, we need a new “macro financial” stability framework to do this.
RBIConference2011Write_rev230212Conference in Honour of Nout Wellink – Amsterdam 10 November 2011
De Nederlandsche Bank
Date: 10 November 2011 291111_CommentsOnFranlin Allen_upd291111.pdf
291111_CommentsOnFranlin Allen_upd291111Prepared by Otmar Issing (Chairman),Jan Krahnen, Klaus Regling, William White
As of 1 November 2011
IssingComm_Oct2011_v5 4
Conference sponsored by the OECD and the World Bank, Paris , March 2011
OECD-WorldBankPanel_240311.pdf
OECD-WorldBankPanel_240311_0