In this podcast, David F. DeRosa discusses the following:
- How emerging market central banks differ from the major central banks
- What a central bank can do to prevent speculative bubbles
- Why central banks choose different tools and targets, and the inherent limitations of monetary policy
Please note: Slides are not available for this podcast.
About the Speaker(s)
David F. DeRosa is president of DeRosa Research and Trading, Inc. He is also adjunct professor of finance at the Yale School of Management and teaches in the master of financial engineering program at the Fu Foundation School of Engineering & Applied Science at Columbia University. Professor DeRosa is the author of several books including Managing Foreign Exchange Risk and is the editor of Currency Derivatives: Pricing Theory, Exotic Options, and Hedging Applications. He holds an AB degree in economics from the University of Chicago and a PhD degree in finance and economics from the University of Chicago Booth School of Business.