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Economic Projections
by Jerry L. Jordan, Pittsburgh National Bank
Economic Prospects Through 1979
by Robert Genetski, Harris Bank
The Dilemma of U.S. Monetary Policy and the “Commitment” to Permanent Inflation
by Karl Brunner, University of Rochester
Fiscal Policy
by Rudolph G. Penner, American Enterprise Institute
Worksheets
by Robert Rasche, Michigan State University
POSITION PAPERS:
Duration Gap Disclosure: A Modest Proposal to Prevent Another SVB
By Edward L. Golding and Deborah J. Lucas, MIT
Monetary Aggregates Still Matter
By Michael D. Bordo, Rutgers University, NBER and the Hoover Institution
Has the Fed Escaped the Forward Guidance Trap?
By Athanasios Orphanides, MIT
US Monetary Policy, 2020-23: Putting the Quantity Theory to the Test
By Peter N. Ireland, Boston College
Have We Dodged the Bullets
October 20, 2023
AGENDA
Welcoming Remarks
Panel I: Reflections on the Recent Banking Crisis
Panel II: Issues in Monetary Policy
Luncheon and Keynote Address
Concluding Remarks
The Fed’s Conduct of Monetary Policy Amid Financial Stress
April 21, 2023
AGENDA:
Welcoming Remarks
The Fed’s New Operating Procedures
Position Papers:
Macroeconomic and Financial Instability Challenges Facing the Fed
Macro Conditions and the Fed’s Dual Mandate
Luncheon Address: The Ascendancy of Credit Policy
POSITION PAPERS:
Fed Rate Increases From Behind the Curve: Financial Stresses Current and Historical
By Mickey Levy, Berenberg Capital Markets and Michael Bordo, Rutgers University
COVID Credit Policies Around the World: Size, Scope, Costs and Consequences
By Deborah Lucas, MIT and Gee Hee Hong, IMF
Fiscal Dominance and the Return of Zero-Interest Bank Reserve Requirements
By Charles Calomiris, Columbia University
Some Questions About the Fed’s Monetary Policy Operating Regime
By Jeffrey Lacker, former President and CEO, Federal Reserve Bank of Richmond
Reading the Macroeconomic Tea Leaves: Seismic Policy Changes and the Need for New Narrative
By Deborah Lucas, MIT
The Evolution of Central Banks
by Michael D. Bordo, Rutgers University
The Fed’s New Old Clothes
by Gregory D. Hess, IES Abroad
The Fed Should Talk About the Prescriptions of Systematic Policy Rules
by Jeffrey M. Lacker, former President and CEO, Federal Reserve Bank of Richmond and Charles Plosser, former President and CEO, Federal Reserve Bank of Philadelphia
Presents…
Restoring Price Stability: Keep at It
November 11, 2022
AGENDA:
8:30 AMREGISTRATION AND BREAKFAST9:00 AMWELCOME REMARKSGregory D. Hess, IES AbroadPANEL I: INFLATION, DISINFLATION, AND THE FED’S CHALLENGEModerator: Deborah Lucas, MITMickey D. Levy, Berenberg Capital Markets: “Inflation and the Fed’s Challenge”Jeffrey Lacker, former President, Federal Reserve Bank of Richmond andCharles Plosser, former President, Federal Reserve Bank of Philadelphia: “To maintain Resolve the Fed Should Reference Successful Policy Rules”OPEN DISCUSSION:THE COST OF KEEPING AT IT: WHAT (IF ANYTHING) SHOULD GIVE THE FED PAUSE?PANEL II: HOW SHOULD THE FED ADDRESS ITS CURRENT CHALLENGE AND RISKS?Moderator: Athanasios Orphanides, MITJohn Taylor, Professor of Economics, Stanford University and Senior Fellow, Hoover InstitutionDonald Kohn, Brookings Institution and former Vice Chair at the Federal Reserve12:00 PMRECEPTION/LUNCHLUNCHEON ADDRESS: HISTORY OF CENTRAL BANKSMichael Bordo, Rutgers University and Senior Visiting Scholar the Hoover Institution
The Continuing Case for Nominal GDP Level Targeting
by Peter N. Ireland, Boston College
Presents…
The Fed’s Inflation Challenge
April 29, 2022
12:00 PM
WELCOMING REMARKS
Allison Schrager, Manhattan Institute
12:05 PM
PANEL I: INFLATION REDUX
Moderator: Michael Bordo, Rutgers University
Mickey Levy, Berenberg Capital Markets, “Inflation, Labor Markets and the Fed’s Dual Mandate”
Andrew Levin, Dartmouth College, “Quantitative Tightening: Constraints, Costs and Risks”
Peter Ireland, Boston College, “The Continuing Case for Nominal GDP Targeting”
12:35 PM
DISCUSSION AND Q&A
SOMC discussion with comments by Charles Calomiris and Gregory Hess on Inflationary Expectations and Appropriate Responses to Supply Shocks
1:00 PM
PANEL II: DISCUSSION WITH FORMER FOMC MEMBERS
Moderator: Athanasios Orphanides, MIT
Bill Dudley, Former President, Federal Reserve Bank of New York
Jeffrey Lacker, Former President, Federal Reserve Bank of Richmond
Charles Plosser, Former President, Federal Reserve Bank of Philadelphia
The Fed’s Delayed Exits from Monetary Ease: The Fed Rarely Learns from History
by Michael D. Bordo, Rutgers University and Mickey D. Levy, Berenberg Capital Markets
Accelerating OER and Services Prices to Keep Inflation High
by Mickey D. Levy, Berenberg Capital Markets
Inflation Risks and Monetary Policy
by Andrew Levin, Dartmouth College
The Institutional Devolution of Government Financial Policy
by Charles W. Calomiris, Columbia Business School
