The Negative Zones
I often have occasion to say that I have presented my proposal for eliminating the zero lower bound all around the world. I give the full list of where I have given talks on eliminating the zero lower bound in “Electronic Money: The Powerpoint File.” To see how literal that statement can be taken, I wanted to tally up how many time zones I can account for, only counting presentations at central banks and their branches. I intend to keep this updated as I add additional time zones.
Here they are, in the order of sunrise on a particular calendar date, with the first date listed when I have been to more than one central bank or branch of a central bank in that time zone. Note that UTC 0 is the same as Greenwich Mean Time.
- UTC+12: Reserve Bank of New Zealand, July 22, 2015
- UTC+9: Bank of Japan, June 18, 2013
- UTC+7: Bank of Thailand, September 29, 2016
- UTC+3: Qatar Central Bank (This was in Education City, off-site from the central bank itself, but a central bank official was my discussant.)
- UTC+2: Bank of Finland, May 20, 2015
- UTC+1: National Bank of Denmark, September 6, 2013
- UTC 0: Bank of England, May 20, 2013
- UTC-5: Federal Reserve Board, November 1, 2013
- UTC-6: Federal Reserve Bank of Chicago, September 3, 2015
To put this in perspective, let me point out that some time zones are not as well provided with central banks and central bank branches as other time zones! But other time zones I hope to add soon.