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Session 9: Alternative Monetary Policy
Links of Interest
Global Economics at Lehman Brothers
United States Trust Perspectives
Presentations
Ethan Harris : When in Doubt, Do Nothing
Tim McGee : Living in a Nominal World
Speakers
Greg Ip
Reporter
The Wall Street Journal, moderator
Ethan Harris
Chief Economist
Lehman Brothers
Mr. Harris is managing director and chief economist at Lehman Brothers in New York. He is responsible for the firm’s forecast and analysis of the US economy. In this capacity Ethan has written extensively about the linkages between geopolitical events and the economy, the unique nature of the current business cycle, and the outlook for monetary and fiscal policy. Mr. Harris’ work has received extensive coverage and in both the print and broadcast media. In 2006 his team earned the number one ranking among economists for the fixed income Institutional Investor poll. Ethan joined Lehman Brothers in 1996.
Prior to joining Lehman Brothers, Ethan worked for nine years at the Federal Reserve Bank of New York. At the Bank he served as the research officer in charge of the Domestic Division, and as the assistant to the President of the Bank. Ethan also worked for several years as an international economist at JP Morgan.
Mr. Harris has a PhD in Economics from Columbia University, where he was a University Fellow. He earned a BA in economics from Clark University.
Robert T. McGee
Chief Economist
United States Trust Company NA
Tim McGee is Chief Economist at U.S. Trust. He is responsible for the economic forecast and other economic research with a focus on investment strategy. In addition, he serves on the Finance and Investment Strategy Committees.
Prior to joining U.S. Trust, Mr. McGee was a strategist and economist with UFJ and Tokai Banks. He is well known in Japan for his regular market column in the Nikkei Financial Daily. In 2000, Business Week magazine recognized him for making the most accurate forecast in its annual survey of economists. More recently, both Bloomberg and USA Today recognized him for outstanding forecasting accuracy. He has appeared on CNBC, Reuters, and Bloomberg TV and has often been quoted in various publications like the Wall Street Journal and Financial Times.
Mr. McGee began his career in the academic world teaching at Florida State University and New York University. He also spent three years at the New York Federal Reserve Bank and one year as a fellow at the Netherlands Institute for Advanced Studies. He has published numerous articles in academic journals.
Tim received his B.S. from the Georgia Institute of Technology and his M.A. and Ph.D. degrees from the University of Wisconsin. Some of his memberships include the American Economic Association, the National Association of Business Economics, The Forecasters Club of New York and the Money Marketeers. He currently serves as Chairman of the American Banker Association’s Economic Advisory Committee. In that capacity he will also serve on the ABA Government Relations Committee. Recently, he joined the New York City Economic Advisory Panel.
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