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2010 Economic Policy Symposium

Macroeconomic Challenges: The Decade Ahead

The Federal Reserve Bank of Kansas City hosted more than 100 central bankers, policymakers, academics and economists from around the world at its annual economic policy symposium Aug. 26 - 28 in Jackson Hole, Wyo.

Speakers included Federal Reserve Chairman Ben Bernanke, President of the European Central Bank Jean-Claude Trichet, Kansas City Fed President Tom Hoenig, as well as professors and central bank governors.

Participants discussed economic issues, implications and policy options related to this year’s topic.

Read speeches and papers from this year's event.

           

 


Foreword
THOMAS M. HOENIG
President, Federal Reserve Bank of Kansas City



Opening Remarks  BEN S. BERNANKE
Chairman, Board of Governors of the Federal Reserve System

Evaluating the Global Economic Recovery
Author: CARMEN M. REINHART
Professor, University of Maryland
 
Paper: After the Fall
 
Discussant: WILLIAM R. WHITE
Chairman, Economic Development and Review Committee, Organisation for Economic Co-operation and Development
   
General Discusssion

Incorporating Financial Factors into Macroeconomic Analysis
Author: LAWRENCE J. CHRISTIANO
Professor, Northwestern University
 
Paper: Monetary Policy and Stock Market Booms
 
Discussant: JOHN GEANAKOPLOS
Professor, Yale University
   
General Discussion

Inflation Dynamics in the Decade Ahead
Authors: JAMES H. STOCK
Professor, Harvard University
   
  MARK W. WATSON
Professor, Princeton University
   
Paper: Modeling Inflation After the Crisis
   
Discussant: FRANK R. SMETS
Director General, Research, European Central Bank
   
General Discussion

Luncheon Address JEAN-CLAUDE TRICHET
President, European Central Bank
   
General Discussion

Rethinking Monetary Policy in Light of the Crisis
Author: CHARLES R. BEAN
Deputy Governor, Bank of England
   
Paper: Monetary Policy After the Fall
   
Discussants:

ALAN S. BLINDER
Professor, Princeton University

   
  JOHN B. TAYLOR
Professor,Stanford University and Senior Fellow, Hoover Institution
   
General Discussion

Risks and Challenges of Large Fiscal Deficits
Author: ERIC M. LEEPER
Professor, Indiana University
   
Paper: Monetary Science, Fiscal Alchemy
 
Discussant:
FRANCESCO GIAVAZZI
Professor, Bocconi University
   
General Discussion

Reconsidering the International Monetary System
Panelists: JOHN LIPSKY
First Deputy Managing Director, International Monetary Fund
   
  MAURICE OBSTFELD
Professor, University of California, Berkeley
   
  UMAYYA S. TOUKAN
Governor, Central Bank of Jordan
   
General Discussion

Roster of Attendees 
 
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