Tuesday, 19. February 2013, 18:15 – 20:00 h
At the University of Zurich, Rämistrasse 71, 8006 Zurich, KOL-G-201 (Aula)
Despite the strong Swiss franc, Switzerland has had a high surplus in its current account for years. This includes the flow of goods, labour and capital income as well as transfers between Switzerland and abroad. How can this be explained and what does it mean for monetary policy?
Thomas J. Jordan studied economics and business studies at the University of Berne, completing his degree in 1989 and his doctorate in 1993. He wrote his post-doctoral thesis (Habilitation) during a three-year post-doctoral research period at the Department of Economics at Harvard University in Cambridge, Massachusetts, USA. The University of Berne appointed him lecturer (Privatdozent) in 1998 and honorary professor in 2003. He lectures there in monetary theory and policy.
In 1997, Thomas J. Jordan joined the Swiss National Bank (SNB) in Zurich as an Economic Advisor in Department I. With effect from mid-2004, the Swiss Federal Council appointed him an Alternate Member of the Governing Board. Effective May 2007, he was appointed Member of the Governing Board by the Federal Council. At the same time, he became Head of Department III (Financial Markets, Banking Operations and Information Technology). With effect from the beginning of 2010, the Federal Council appointed him Vice-Chairman of the Governing Board and he took over management of Department II in Berne (Financial Stability, Cash, Finance and Risk). On 18 April 2012, Thomas J. Jordan was appointed Chairman of the Governing Board by the Federal Council and thereby also Head of Department I in Zurich (Economic Affairs, International Monetary Cooperation, Legal and Property Services, Secretariat General). Detailed biography at the following Link.