Thomas Jordan: Second Karl Brunner Distinguished Lecture - introduction of John B Taylor

Speech by Mr Thomas Jordan, Chairman of the Governing Board of the Swiss National Bank, at the Second Karl Brunner Distinguished Lecture, Zurich, 21 September 2017.

The views expressed in this speech are those of the speaker and not the view of the BIS.

Ladies and gentlemen

I am very pleased to welcome you to the 2017 Karl Brunner Distinguished Lecture. The Swiss National Bank established the Karl Brunner Distinguished Lecture Series to pay tribute to academics whose research is of particular relevance for central banking. With this annual lecture, we want to reach a wide audience, including, in particular, students. For this reason today's event is taking place at the ETH Zurich, which is internationally one of the most renowned academic institutions. I would like to thank the President of the ETH Zurich, Professor Lino Guzzella, for making these fantastic premises available to us.

This year, we are paying tribute to John B. Taylor. He is one of the world's foremost economists. John's work is characterised by a keen interest in highly relevant questions, from both an academic and an applied point of view. He has made major contributions to economic theory. In addition, by bridging the divide between theory and practice, he is one of few economists to have had a profound impact on economic policy and thus on macroeconomic stability.