Archives - Position Papers

The Committee meets semi-annually. At each meeting a number of papers are prepared by Committee members on a variety of macroeconomic and public policy topics. Based on these papers and the Committee’s deliberations, a Policy Statement is prepared that summarizes the most important policy recommendations of the Committee. These papers are organized by year and downloadable.

October 19, 2018 – New York, NY

Keynote Address

by Robert S. Kaplan, President, Federal Reserve Bank of Dallas

 

Position Papers


Hawks and Doves at the Federal Reserve

by Michael D. Bordo, Rutgers University

Economic Conditions and Policy Strategies: A Monetarist View
by Peter N. Ireland, Boston College

Fannie Mae and Freddie Mac—Re-Loaded
by Gregory D. Hess, Wabash College

The Financial Crisis Bailouts: What They Cost Taxpayers Who Reaped the Direct Benefits
by Deborah Lucas, MIT

 

March 9, 2018 – New York, NY

Keynote Address


Some Practical Considerations for Monetary Policy Frameworks

by Charles Evans, President, Federal Reserve Bank of Chicago

 

Position Papers


Central Bank Digital Currency: The Future Direction for Monetary Policy

by Michael D. Bordo, Rutgers University

The Fed’s Economic Forecasts, Uncertainties and Monetary Policy
by Mickey D. Levy, Berenberg Capital Markets

Interest on Reserves: History and Rationale, Complications and Risks
by Peter N. Ireland, Boston College

U.S. Monetary Instability and the Global Consequences of Unfettered Discretion
by Charles W. Calomiris, Columbia Business School

Monetary Policy Normalization Should Be More Systematic and Less Wobbly
by Gregory D. Hess, Wabash College and Athanasios Orphanides, MIT