Presents…
the SHADOW OPEN MARKET COMMITTEE (SOMC) Meeting:
“Policy Priorities For Turbulent Times”
April 29, 2016 | New York City
Panel 1: Global Interactions—China, Europe, and the World
Rules-Based Policies—Better than International Central Bank Coordination
Michael Bordo, Rutgers University
Communist Rule and China’s Macroeconomic Adjustment Problem
Marvin Goodfriend, Carnegie Mellon University
The Fed-ECB Policy Divergence
Athanasios Orphanides, Massachusetts Institute of Technology
Panel 2: The Fed and the Markets
Moderator: Gregory Hess, Wabash College
Why Has Nominal Income Growth Been So Slow?
Peter Ireland, Boston College
Rethinking Fed Policy amid Constraints on Aggregate Supply
Mickey Levy, Berenberg Capital Markets
Reflections on Keynes and Hamilton
Bennett McCallum, Carnegie Mellon University
Keynote Address
Introduction: Mickey Levy, Berenberg Capital Markets
What’s the matter with the Fed?
Peter Fisher, Senior Fellow, Tuck School of Business, Dartmouth College and former Under Secretary, U.S. Treasury