14 This is the crucial insight in my colleague John Williams’ research with Thomas Mertens. Indeed John’s research over the past 20 years on r* estimation and monetary policy design at the ELB have been enormously influential, not only in the profession but also at Fed and certainly in my own thinking about how our framework should evolve.
Ewald Nowotny: Catching-up strategies after the crisis Opening remarks by Mr Ewald Nowotny, Governor of the Central Bank of the Republic of Austria, at the Conference on European Economic Integration (CEEI) 2010, Vienna, 15 November 2010. *  *  *  Ladies and gentlemen! It is a great pleasure for me to welcome you to our annual Conference on European Economic Integration.