abstract:Edward M. Gramlich (June 18, 1939 – September 5, 2007) was a professor of economics at the University of Michigan and a former member of the Board of Governors of the Federal Reserve.
Meantime, EdwardGramlich, a governor of the Federal Reserve, is calling for more U.S. savings to cut reliance on lending from abroad, which is now running at 4.4% of GDP.