William B. English
Regular biography
William B. English is a Professor of the Practice at Yale University's School of Management. His research focuses on banking, financial crises, and monetary policy. He joined Yale in 2016 after previously serving at the Board of Governors of the Federal Reserve System, where he was Director of the Division of Monetary Affairs and Secretary to the Federal Open Market Committee. His work includes studies on unconventional monetary policy, asset purchases, and policy communication. English has also held positions at the Bank for International Settlements and the Council of Economic Advisers. He teaches courses on monetary policy, central banking, and system risk. His publications address topics such as financial crises and monetary policy in the context of the Covid era.
Scholar-generated biography
William B. English is a professor at the School of Management, Yale University, specializing in macroeconomics, monetary policy, and financial stability. His research explores the implications of central bank policies, particularly the Federal Reserve's large-scale asset purchase programs, and their effects on financial markets and macroeconomic outcomes. He also investigates the role of financial sector size, interest rate risk, and bank equity valuations in shaping monetary policy effectiveness. His work frequently addresses the interplay between monetary policy, financial stability, and macroeconomic variables, with a focus on understanding the costs of sovereign default and the design of market discipline mechanisms. English's research contributes to the evolving discourse on central banking and financial regulation in times of economic uncertainty.