The theme of this year's conference is "Monetary Policy Under Uncertainty." Several leading participants in this literature will present their research and commentary.
All conference events will take place at the Hilton St. Louis at the Ballpark Hotel in downtown St. Louis.
For more information about the conference or help with hotel reservations, please contact
Sandra Butler at (314) 444-8591, or 1-800-333-0810, ext. 44-8591, or
Denise Cain at (314) 444-8567, or 1-800-333-0810, ext. 44-8567.
Please note that attendance is by invitation only.
| Thursday, October 18, 2007 | ||
| "Welcome" | Robert H. Rasche, Senior Vice President and Director of Research, Federal Reserve Bank of St. Louis | |
| Session 1 — "Bayesian and Adaptive Optimal Policy Under Model Uncertainty" | ||
| Authors: | Noah Williams, Princeton University Lars E.O. Svensson, Sveriges Riksbank | |
| Discussants: | Timothy W. Cogley, University of California, Davis Andrew T. Levin, Board of Governors of the Federal Reserve System | |
| Session 2 — "Economic Projections and Rules-of-Thumb for Monetary Policy" | ||
| Authors: | Athanasios Orphanides, Central Bank of Cyprus Volker W. Wieland, Goethe University-Frankfurt | |
| Discussants: | Charles I. Plosser, Federal Reserve Bank of Philadelphia Patrick Minford, Cardiff Business School | |
| Session 3 — "Asset Prices and the Stance of Policy" | ||
| Authors: | Frank R. Smets, European Central Bank Marek Jarociński, European Central Bank | |
| Discussants: | Robert G. King, Boston University Stephen G. Cecchetti, Brandeis University | |
| Session 4 — "Assessing Monetary Policy Effects Using Daily Fed Funds Futures Contracts" | ||
| Author: | James D. Hamilton, University of California-San Diego | |
| Discussants: | Alec Chrystal, City University Kenneth N. Kuttner, Oberlin College | |
| Friday, October 19, 2007 | ||
| Session 5 — Panel Discussion | ||
| Panelists: | John B. Taylor, Stanford University Ben S. Bernanke, Board of Governors of the Federal Reserve System William Poole, Federal Reserve Bank of St. Louis | |
| Session 6 — "Announcements and the Role of Policy Guidance" | ||
| Author: | Carl E. Walsh, University of California, Santa Cruz | |
| Discussants: | Laurence H. Meyer, Macroeconomic Advisers Marvin Goodfriend, Carnegie Mellon University | |
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