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28th Annual Economic Policy Conference
Inflation Targeting: Prospects and Problems
October 16-17, 2003
Conference Papers
Program Information
Thursday, October 16, 2003
7:45 AM | Continental Breakfast |
8:30 AM | Welcome William Poole, President, Federal Reserve Bank of St. Louis |
8:45 AM | "Inflation Targeting: A Theoretical Evaluation"
Author: | Michael Woodford, Princeton University |
Discussant: | Stephanie Schmitt-Grohé, Duke University |
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10:15 AM | Break |
10:30 AM | "The Macroeconomic Effects of Inflation Targeting"
Authors: | Andrew Levin and Fabio M. Natalucci, Board of Governors of the Federal Reserve System, and
Jeremy M. Piger, Federal Reserve Bank of St. Louis
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Discussant: | Harald Uhlig, Humboldt University |
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12:00 PM | Lunch |
1:30 PM | "The Role of Policy Rules in Inflation Targeting"
Authors: | Kenneth N. Kuttner, Federal Reserve Bank of New York, and Adam S. Posen, Institute for International Economics
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Discussant: | Monika Piazzesi, University of Chicago |
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3:00 PM | Break |
3:15 PM | "Inflation Targeting: A Critical View"
Authors: | Dale W. Henderson and Jon Faust, Board of Governors of the Federal Reserve System
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Discussant: | Benjamin M. Friedman, Harvard University |
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5:00 PM | Reception |
6:15 PM | Dinner |
Friday, October 17, 2003
8:00 AM | Continental Breakfast |
8:45 AM | "Practical Problems and Obstacles to Inflation Targeting"
Author: | Laurence H. Meyer, Center for Strategic and International Studies
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Discussant: | Lars E.O. Svensson, Princeton University |
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10:15 AM | Break |
10:30 AM | Panel Discussion: "Inflation Targeting"
Panelists: | Ben S. Bernanke, Board of Governors of the Federal Reserve System
Otmar Issing, Executive Board of the European Central Bank
Donald L. Kohn, Board of Governors of the Federal Reserve System
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12:00 PM | Lunch |