The Department of Economics is very proud to present the 2022 Faculty of Arts Distinguished Lecture in Economics with Paul Beaudry, Deputy Governor of the Bank of Canada, on Pandemic macroeconomics: What we’ve learned, and what may lie ahead.
The COVID-19 pandemic brought unprecedented shocks on the Canadian and global economies, and the speed at which these shocks unfolded pushed policymakers to learn lessons and course-correct in real time. Although we are still living through an extraordinary period, we can start to reflect on what this episode may have taught us about how the macroeconomy works in times of crisis, what important questions this experience has raised and what may lie ahead as we continue to face challenges like stubbornly high inflation.
About the speaker
Paul Beaudry became Deputy Governor of the Bank of Canada in 2019. In this role, he oversees the Bank’s financial system activities and shares responsibility for setting monetary policy. Since 2021, he also oversees the Bank’s analysis of international economic developments in support of monetary policy decisions—serving as the Bank’s G7 and G20 Deputy.
Before coming to the Bank, Mr. Beaudry spent 25 years as a professor at the University of British Columbia. He has also held academic positions at Oxford University, Boston University and Université de Montréal and was a visiting professor at Massachusetts Institute of Technology, Pantheon-Sorbonne University and Université de Toulouse. Mr. Beaudry held a Canada Research Chair in economics from 2000 to 2015 and is a two-time recipient of the Bank of Canada’s Research Fellowship Award.
Born in Montréal, Mr. Beaudry holds a BA in Economics from Laval University, an MA in Economics from the University of British Columbia, and a PhD in Economics from Princeton University.
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