Richard T. Ely Lecture 2011-2012

Professor Hyun Song Shin

Princeton University

Hyun Song Shin is the Hughes-Rogers Professor of Economics at Princeton University. He earned a BA in politics and economics (Magdalen College, Oxford) and an MA and PhD in economics (Nuffield College, Oxford). His research interests cover financial institutions, risk, and financial stability issues, topics on which he has published widely both in academic and policy outlets. He is the author of Risk and Liquidity, the 2008 Clarendon Lectures in Finance, and co-authored the 2009 Geneva Report on the Fundamental Principles of Financial Regulation. Before moving to Princeton in 2006, he was based in the United Kingdom, holding academic positions in Oxford and the London School of Economics. Professor Shin is a Korean national. In 2010 he served as a senior adviser to President Lee Myung-bak on the international economy. He is a fellow of the Econometric Society and of the British Academy, and he is a research associate of the National Bureau of Economic Research. He is a member of the U.S. Monetary Policy Forum and the Federal Reserve’s Financial Advisory Roundtable, and he is a consultant for the World Bank. In the 2011 Richard Ely Lectures he will discuss banks, financial markets, and the macroeconomy.

Lecture 1: Monday, September 12, 2011
Title: “Global Banking Glut and Its Consequences”
Place: Krieger 205
Time: 3:30-5 p.m.

Lecture 2: Wednesday, September 14, 2011
Title: “Which Financial Frictions? Parsing the Evidence from the Financial Crisis of 2007-9”
Place: Krieger 205
Time: 3:30-5 p.m.

Lecture 3: Friday, September 16, 2011
Title: “Global Liquidity and Capital Flows”
Place: Maryland 110
Time: 12:30-2 p.m.

Poster [PDF Download]

Background reading and preliminary versions of the slides:

Slides for Lecture 1
Slides for Lecture 2
Slides for Lecture 3

Background Paper for Lecture 3 (PDF)