Archives - Position Papers

The Committee meets semi-annually. At each meeting a number of papers are prepared by Committee members on a variety of macroeconomic and public policy topics. Based on these papers and the Committee’s deliberations, a Policy Statement is prepared that summarizes the most important policy recommendations of the Committee. These papers are organized by year and downloadable.

October 2, 2015 – New York, NY

Position Papers


Monetary Policy: Transparency and Clarity Require a Strategy

by Mickey D. Levy, Blenheim Capital Management

Monetary Policy Lessons from the 1990s for Today

by Marvin Goodfriend, Carnegie Mellon University

March 20, 2015 – New York, NY

Position Papers

U.S. Inflation Is Not Too Low
by Michael D. Bordo, Rutgers University and Hoover Institution Stanford University

Guidelines for Policymaking and Communication During Normalization
by Charles W. Calomiris, Columbia University, Peter Ireland, Boston College, and Mickey Levy, Blenheim Capital Management

The Fed Should Fix the Interest on Reserves Floor
by Marvin Goodfriend, Carnegie Mellon University

Economic Performance: Sound Cyclically but Longer—Run Concerns
by Mickey D. Levy, Blenheim Capital Management

Remarks on John Taylor’s Contributions
by Bennett T. McCallum, Carnegie Mellon University