Financial Shocks and the Macroeconomy

11 September 2008

Mr Ian Macfarlane, AC

This lecture was the Sixth Sir Roland Wilson Foundation Lecture.

The lecture expands on the final chapter of Macfarlane's 2006 Boyer Lectures, which suggested that future economic shocks would be financial in origin. In particular it examines the implications of the current credit crisis for economic stability, for the financial security of the household sector and for retirement incomes policies.

For more information on the Sir Roland Wilson Foundation go to: http://www.anu.edu.au/endowment/content/sir_roland_wilson_foundation/

Broad Topics: Business and Economics

Sub-topics: Economics, Policy & Political Science

Areas: ANU College of Business and Economics

Mr Ian Macfarlane AC was Governor of the Reserve Bank of Australia from 1996-2006. He is now on the Boards of a number of Australian public companies, the Lowy Institute and on the International Advisory Board of Goldman Sachs. He was educated at Monash University and worked at Oxford University and the OECD in Paris before joining the Reserve Bank. He was elected as a Fellow of the Academy of Social Sciences in Australia in 1998 and delivered the Boyer Lectures in 2006.