Economic Policy Luncheon featuring Cathy Zhang

Payment systems — the way we pay for things — are a key component of an economy's infrastructure and serve a crucial role in facilitating trade and supporting growth. Growing global interconnectedness further underscores the importance of international payment systems. However, tensions inherently arise within payment systems due to their dual role in supporting trade while also being subject to government influence for policy objectives.

Dr. Cathy Zhang will highlight some key stylized facts about modern payment systems and discuss some new challenges faced by policymakers, including how the use of the U.S. dollar as a policy tool has renewed efforts to replace the dollar with other currencies such as Chinese renminbi or cryptocurrency.

Zhang is an associate professor of economics in the Daniels School whose research interests include macroeconomics, monetary economics and international economics. 

This event is hosted by the Daniels School's Purdue University Research Center in Economics (PURCE), and registration is required.