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Topic: Edward Gramlich


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In the News (Tue 22 Dec 09)

  
  Federal Reserve Board: Governor Gramlich   (Site not responding. Last check: 2007-09-12)
Gramlich took office on November 5, 1997, as a member of the Board of Governors of the Federal Reserve System to fill an unexpired term ending January 31, 2008.
Gramlich was born on June 18, 1939, in Rochester, New York.
Gramlich and his wife Ruth have two children, Sarah and Robert, both married, and four grandchildren.
www.federalreserve.gov /bios/gramlich.htm   (314 words)

  
 Edward Gramlich - Wikipedia, the free encyclopedia
Edward M. Gramlich (born July 18, 1939) is a member of the Board of Governors of the Federal Reserve Board.
Gramlich graduated from Williams College in 1961, and received Masters degree from Yale University in 1962 and a Ph.D. in 1965.
He taught economics and public policy at the University of Michigan from 1976 to 1997, was dean of the college's public policy school, and returned to Michigan in 2005 as interim Provost.
en.wikipedia.org /wiki/Edward_Gramlich   (120 words)

  
 Washingtonpost.com: Nation:
Edward Gramlich: It is true that switching to a 38 year computation period (now it is 35) would hurt those who have not worked 38 years.
Edward Gramlich: Education is fine, but even educated people get disabled, die early, earn low wages, and in some cases live and need benefits into their 90s.
Edward Gramlich: The system operates on a pay as you go basis and your payments are necessary to pay the benefits of present retirees, as your children's payments will be necessary to pay for your benefits.
discuss.washingtonpost.com /wp-srv/zforum/98/gramlich1215.htm   (2251 words)

  
 Report on Social Security Advisory Council Meetings on April 21 and April 22
Chairman Edward Gramlich stated that, although there seems to be general agreement that the CPI is flawed, there is no agreement on the degree to which it overstates inflation and no indication of when or how it will be adjusted.
Chairman Gramlich asked if there were any objections to the third item in the illustrative package--coverage of newly hired State and local workers--that had a program rationale rather than a political or financial rationale.
Chairman Gramlich noted that, by law, the Council was supposed to submit its report by the end of the year and that he did not think they would have time for a comprehensive review of the disability program.
www.ssa.gov /history/reports/adcouncil/meeting/advisory_council_042295.html   (2924 words)

  
 Gramlich Leaving Fed Board This Summer (phillyBurbs.com)
WASHINGTON - Edward Gramlich, a member of the Federal Reserve Board since 1997, announced Wednesday that he plans to leave the central bank this summer and return to academia.
Gramlich said he will not attend the Aug. 9 meeting of the Federal Open Market Committee, the group that sets interest rate policy in the United States.
While Gramlich has served on the Fed, the central bank has dealt with economic threats related to global financial crises, the jolt to the U.S. economy caused by the Sept. 11, 2001, terror attacks and a wave of corporate scandals that rocked Wall Street.
www.phillyburbs.com /pb-dyn/news/24-05182005-491023.html   (544 words)

  
 Edward M. Gramlich Press Release
Edward M. Gramlich, a member of the Board of Governors of the Federal Reserve Board and professor of economics and public policy at the University of Michigan, will present a public lecture titled, "Social Security Reform," on Wednesday, October 10, 2001 at 4:30 p.m., Frist Hall, Room 302, on the Princeton campus.
Gramlich is also the director of the Policy Research Division at the Office of Economic Opportunity, a senior fellow at the Brookings Institution, and a staff member of the Research Division of the Federal Reserve Board.
Gramlich is the author of several books including A Guide to Benefit-Cost Analysis, and is co-author of two volumes of Setting National Priorities, as well as numerous other books and articles on such topics as macroeconomics, budget policy, and social security.
www.wws.princeton.edu /events/pressreleases/gramlich.html   (272 words)

  
 Gramlich to quit Fed for academic life - The Washington Times: Business - May 19, 2005   (Site not responding. Last check: 2007-09-12)
Edward Gramlich, a member of the Federal Reserve Board since 1997, announced yesterday that he plans to leave the central bank this summer and return to academic life.
Gramlich was one of two dissenters from a Fed decision to hold short-term interest rates steady.
Gramlich has served on the Fed, the central bank has dealt with economic threats related to global financial crises, the jolt to the U.S. economy caused by the September 11, 2001, terror attacks and a wave of corporate scandals that rocked Wall Street.
washingtontimes.com /business/20050518-093639-3364r.htm   (460 words)

  
 Report of the Social Security Advisory Council Meetings on June 2 and 3
Gramlich pointed out several advantages to his plan and circulated a table prepared by Social Security actuaries showing that his plan was more favorable to low earners than the Ball plan when both benefits and taxes paid were considered.
Gramlich had added a proposal to his plan for investing in equities, he expressed some reservations about this idea and questioned whether the projected real rate of return of 3.8 percent was realistic.
Gramlich proposed that the staff prepare a one or two page memorandum on what payments are not subject to Social Security tax.
www.ssa.gov /history/reports/adcouncil/meeting/advisory_council_060295.html   (1216 words)

  
 Edward Gramlich at Commonwealth North   (Site not responding. Last check: 2007-09-12)
GRAMLICH: Yeah, I haven't quickly looked at this, but I think actually if you compare modern day economic performance with certainly pre-war 19th century, anything like that, the economy is much more stable than it used to be.
GRAMLICH: The way the budget is defined nowadays, the types of notes the Treasury issues has nothing to do with it.
GRAMLICH: Well, if you paid it out to the population -- I think there -- without getting into doctrinal matters, this is similar to the question of whether we ought to privatize social security.
www.commonwealthnorth.org /transcripts/gramlichqs.html   (4111 words)

  
 Fed's measured rate rises could continue - Boston.com - Europe - News   (Site not responding. Last check: 2007-09-12)
Federal Reserve Governor Edward Gramlich said on Thursday it was possible the U.S. central bank could continue to raise interest rates at a measured pace.
PARIS (Reuters) - Federal Reserve Governor Edward Gramlich said on Thursday it was possible the U.S. central bank could continue to raise interest rates at a measured pace.
Gramlich said there was little political appetite in the United States for adopting a formal inflation target and such a step would yield only modest benefits.
www.boston.com /news/world/europe/articles/2005/05/26/measured_rate_rises_possible_gramlich?mode=PF   (633 words)

  
 Edward Gramlich, a Governor of the Federal Reserve Board, to speak at Hartwick College
Edward Gramlich, a member of the Board of Governors of the Federal Reserve System, will present a public lecture at Hartwick College on "The Federal Deficit and Social Security" at 5 p.m.
Gramlich's extensive governmental experience includes Chair of the Quadrennial Advisory Council on Social Security, which was established to examine the actuarial finances of social security and to suggest policy changes.
Gramlich holds a B.A. from Williams College and a M.A. and Ph.D. in economics from Yale University.
www.hartwick.edu /x10676.xml   (321 words)

  
 Edward M. Gramlich
EDWARD M. Edward M. Gramlich took office on November 5, 1997, as a member of the Board of Governors of the Federal Reserve System to fill an unexpired term ending January 31, 2008.
Edward Gramlich was born June 18, 1939, in Rochester, New York.
Gramlich was both Deputy and Acting Director of the Congressional Budget Office.
www.umich.edu /~aflf/EGramlich.html   (313 words)

  
 Alaska Journal of Commerce: Fed Governor tells Alaska to get its finances squared away 06/23/03
Gramlich was guest speaker at the June 10 meeting of Commonwealth North, a statewide group of community and business leaders that educate on public policy issues.
Gramlich told Commonwealth North that the U.S. economy has a stable rate of inflation, and that it needs both an anchor and flexibility.
Gramlich was asked if permanent fund earnings should be endowed to the state government or paid to citizens.
www.alaskajournal.com /stories/062303/loc_20030623019.shtml   (1080 words)

  
 NeighborWorks® - Board of Directors - Edward M. Gramlich
Edward M. Gramlich took office on November 5, 1997, as a member of the Board of Governors of the Federal Reserve System to fill an unexpired term ending January 31, 2008.
Gramlich was born on June l8, 1939, in Rochester, New York.
From 1986 to 1987, Gramlich was both deputy director and acting director of the Congressional Budget Office.
www.nw.org /network/aboutUs/board/gramlich.asp   (332 words)

  
 USATODAY.com - As Fed officials depart, two openings left for Bush to fill   (Site not responding. Last check: 2007-09-12)
Gramlich, 65, dean of the University of Michigan's public policy school before joining the Fed in 1997, has been active on consumer and community development issues.
"Gramlich really established himself as somebody who was committed to working on consumer and community interests; (we hope) the administration will consider his replacement being somebody equally sensitive," says John Taylor, president of the non-profit National Community Reinvestment Coalition.
Gramlich will become a professor at the University of Michigan's Gerald R. Ford School of Public Policy and a senior fellow at the non-profit Urban Institute.
www.usatoday.com /money/economy/fed/2005-05-18-gramlich_x.htm?POE=MONISVA   (479 words)

  
 China yuan move could cut imbalances
Gramlich was responding to a question about China's decision last week to let its currency rise 2.1 per cent in value against the US dollar.
In his remarks to the business group, Gramlich, who is set to step down from the Fed board at the end of August, said increased openness at the US central bank may be one factor that has helped hold down long-term US interest rates even as the central bank pushed short-term rates higher.
Gramlich said the relatively low level of long-term rates may also reflect the success central banks have had around the globe keeping inflation under wraps, which could have curbed the inflation premium embedded in bond yields.
news.ninemsn.com.au /article.aspx?id=55962   (717 words)

  
 Online NewsHour: Solutions to the Social Security Problem -- January 6, 1997
EDWARD GRAMLICH, University of Michigan: There are several things that we did agree on.
Gramlich just said, agreed that the time has come to do some kind of moving, diversifying the investments out of strictly government bonds into the market.
Gramlich's plan I think is an average of 30 percent across the board.
www.pbs.org /newshour/bb/fedagencies/january97/social_security_1-6.html   (2264 words)

  
 Fed's Gramlich says budgets should be balanced over time - Jan. 10, 2003
Gramlich did not discuss current economic conditions or the outlook for interest rates.
Gramlich said although fiscal policy could respond to economic events in the short run by raising or lowering the budget deficit, this should be done consistent with a goal to balance the budget over the long term.
Gramlich said monetary policy, like fiscal policy, needs a long-term anchor, citing as an example some foreign central banks that have chosen a flexible inflation-targeting regime.
money.cnn.com /2003/01/10/news/economy/fed_economy   (258 words)

  
 USATODAY.com - Subprime lending a worry for Fed exec   (Site not responding. Last check: 2007-09-12)
WASHINGTON — Federal Reserve Governor Edward Gramlich expressed concern Wednesday about some lending practices in the subprime mortgage market and said the central bank was closely monitoring the overall housing sector for signs of price speculation.
Overall, Gramlich said, the Fed was closely watching U.S. home sales, which have been setting volume and price records in recent years.
Gramlich said while housing price bubbles were possible, there were other reasons, such as land shortages, for strong price run-ups.
www.usatoday.com /money/economy/fed/2005-01-12-gramlich_x.htm   (332 words)

  
 Bloomberg.com: Fed Watch   (Site not responding. Last check: 2007-09-12)
Gramlich is resigning with more than two years left in his Fed term.
Gramlich ``saw beyond where the committee was,'' said Al Broaddus, former president of the Federal Reserve Bank of Richmond, Virginia.
A grandfather of four, Gramlich is a St. Louis Cardinals baseball fan and former batboy for one of its farm teams.
www.bloomberg.com /news/economy/fedwatch.html   (1013 words)

  
 Amazon.ca: Books: Is It Time to Reform Social Security?   (Site not responding. Last check: 2007-09-12)
Edward M. Gramlich, who chaired the Social Security Advisory Council that concluded its two-and-a- half-year investigation in January 1997, believes there is just one way to preserve the main social protections of Social Security while still restoring its financial affordability.
Gramlich discusses a wide range of reform options, drawn from both home and abroad.
Edward M. Gramlich is Professor of Economics and Dean of the School of Public Policy, University of Michigan.
www.amazon.ca /exec/obidos/ASIN/0472096796   (655 words)

  
 Boston.com / News / Nation / Washington / Fed's Gramlich leaving on Aug. 31   (Site not responding. Last check: 2007-09-12)
Federal Reserve Governor Edward Gramlich will leave his post on Aug. 31 to pursue teaching and research interests, the U.S. central bank announced on Wednesday.
Gramlich, 65, a former University of Michigan professor who became a board member on Nov. 5, 1997, was nominated by former President Bill Clinton for the job.
Gramlich's departure gives the Bush administration another opportunity to shape the U.S. central bank's decision-making process.
www.boston.com /news/nation/washington/articles/2005/05/18/feds_gramlich_leaving_on_aug_31?mode=PF   (226 words)

  
 Federal Reserve Governor Edward Gramlich Is Named the Urban Institute's First Richard B. Fisher Senior Fellow   (Site not responding. Last check: 2007-09-12)
Gramlich will focus on community redevelopment, affordable housing, and entitlement issues at the Urban Institute.
His new post is named for Richard Fisher, the former Morgan Stanley chairman and philanthropist, who served as the Urban Institute's board chairman from 1995 to 2003 and as a trustee from 1987 to 2004.
Gramlich, who holds a Ph.D. in economics from Yale University, was staff director in 1992 for Major League Baseball's Economic Study Commission.
www.urban.org /URL.cfm?ID=9267   (475 words)

  
 The Sentinel Online - Archived Story
Federal Reserve Board Member Edward Gramlich made a stop in Carlisle Wednesday to receive Dickinson College's annual Benjamin Rush Award and promote his message on the importance of cutting deficits and growing the nation's savings.
Gramlich conceded that he had never heard of Rush before his arrival at Dickinson College but said he was delighted to receive the award.
After the conclusion of Gramlich's remarks, Durden noted the irony of one of Rush's views in light of the evening's topic.
www.cumberlink.com /articles/2005/03/03/news/news07.txt   (446 words)

  
 Briefing: Federal Reserve Bios   (Site not responding. Last check: 2007-09-12)
Edward M. Gramlich took office on November 5, l997, as a member of the Board of Governors of the Federal Reserve System to fill an unexpired term ending January 3l, 2008.
Gramlich was born June l8, l939, in Rochester, New York.
Gramlich and his wife Ruth have two children, Sarah and Robert, both married, and one grandchild.
www.briefing.com /full_private/feddata/biogra.htm   (306 words)

  
 Washingtonpost.com: Nation:
Social Security expert Edward Gramlich will join us live to answer questions about Social Security policy and the ongoing debate.
Gramlich is a governor on the Federal Reserve Board.
Before joining the board, Gramlich served as Chair of the Quadrennial Advisory Council on Social Security, established by President Clinton to examine and suggest changes to "safety net"policies for elderly and dependent Americans.
discuss.washingtonpost.com /wp-srv/zforum/98/gramlich1216.htm   (103 words)

  
 Fed will closely watch housing prices - Stocks & Economy - MSNBC.com   (Site not responding. Last check: 2007-09-12)
WASHINGTON - Federal Reserve Governor Edward Gramlich said Wednesday that the U.S. central bank was monitoring housing prices but did not consider they were at levels that warranted any specific policy action.
Answering questions at a panel session on low-income housing organized by the Center for Economic and Policy research, Gramlich said housing prices were not by themselves a topic that monetary policymakers at the Fed considered.
Gramlich said the Fed was aware of regional disparities in housing prices and noted "We are always looking for signs that some relative prices are out of line."
msnbc.msn.com /id/6817245   (350 words)

  
 Federal Reserve Bank of Minneapolis - Community Dividend 2001 Issue 2 - Fed Gov. Gramlich Tours Great Falls for look at ...   (Site not responding. Last check: 2007-09-12)
During the luncheon, Gov. Gramlich delivered remarks on the accomplishments of Great Falls NHS and the importance of the new homeownership network.
The luncheon was followed by a private meeting at U.S. Bank in Great Falls, where Gov. Gramlich met with bankers and other MHN partners to learn their views on banking and lending issues in Montana.
Gramlich ended his afternoon in Great Falls with a visit to the Lewis and Clark National Historic Trail Interpretive Center, which overlooks the Missouri River.
woodrow.mpls.frb.fed.us /pubs/cd/01-2/gramlich.cfm?js=0   (533 words)

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