Presents…
the SHADOW OPEN MARKET COMMITTEE (SOMC) symposium:
Escaping from Stagnation: Macroeconomic Policies for Sustainable Growth
with keynote speaker Thomas Hoenig
Former President and CEO of the Federal Reserve Bank of Kansas City
Position papers addressing global monetary and fiscal policy and banking regulations will be presented by SOMC members Michael Bordo, Charles Calomiris, Marvin Goodfriend, Peter Ireland, Mickey Levy and Bennett McCallum. Audience participation will be encouraged.
Position Papers
The Risks of Financial Turmoil for Monetary Policy: Some Lessons from History
by Michael Bordo, Rutgers University
Bank Capital Requirement Reform: Long-Term Size and Structure, the Transition, and Cycles
by Charles Calomiris (Columbia University)
Fiscal Dimensions of Inflationist Monetary Policy
by Marvin Goodfriend, Carnegie Mellon University
What the Political System Can Do to Help the Fed
by Peter Ireland, Boston College
Monetary Policy and Economic Performance
by Mickey Levy, Bank of America
Nominal GDP Targeting
by Bennett McCallum, Carnegie Mellon University