Presents…
the SHADOW OPEN MARKET COMMITTEE (SOMC) symposium:
Beyond the Short Run: A Framework for Long-Run Monetary Policy
with keynote speaker Charles Plosser,
President of the Federal Reserve Bank of Philadelphia
Position papers addressing global monetary and fiscal policy and banking regulations will be presented by SOMC members Michael Bordo, Charles Calomiris, Gregory Hess, Marvin Goodfriend, Mickey Levy and Bennett McCallum. Audience participation will be encouraged.
Position Papers
The Prospects for Inflation Ahead
by Michael Bordo, Rutgers University
Congressional Oversight of the Federal Reserve
by Marvin Goodfriend, Carnegie Mellon University
The Dueling Mandate
by Gregory Hess, Claremont McKenna College
Evaluating QEII: A Rationale to Exit
by Mickey Levy, Bank of America
Monetary Standards and the US Constitution
by Bennett McCallum, Carnegie Mellon University
Monetary Policy and the Behavior of Banks: Lessons from the 1930s for the 2010s
by Charles Calomiris (Columbia University)
Are Delays to the Foreclosure Process a Good Thing?
by Charles Calomiris (Columbia University) and Eric Higgins