Archives - March 9, 1987 – Washington, D.C.

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  • SOMC Policy Statement Summary
  • Policy Statement

Position Papers

Economic Outlook and Monetary Policy
by Jerry L. Jordan, First Interstate Bancorp

An Update on Velocity Behavior
by Robert H. Rasche, Michigan State University

Projected Progress on Deficit Reduction: Will It Prove Illusory (Again)?
by Mickey D. Levy, Fidelity Bank

Policy Coordination and the Dollar
by Karl Brunner, University of Rochester

Shadow Open Market Committee Fall 2016 Meeting

Rethinking Monetary Policy Amid Uncertainty

SOMC 2016 Fall Meeting

Presents…

the SHADOW OPEN MARKET COMMITTEE (SOMC) Meeting:

“Rethinking Monetary Policy Amid Uncertainty”

October 7, 2016 | New York City


Introduction:

Marvin Goodfriend, Carnegie Mellon University

Panel 1: The Zero Lower Bound, Theory and Practice

Moderator: Michael Bordo, Rutgers University

Unencumbering Interest Rate Policy at the Zero Bound
Marvin Goodfriend, Carnegie Mellon University

The ZLB Challenge with an Unknown Natural Rate of Interest
Athanasios Orphanides, Massachusetts Institute of Technology




Panel 2: Factors Inhibiting the Monetary Transmission Mechanism

Moderator: Peter Ireland, Boston College

The Microeconomic Perils of Monetary Policy Experiments
Charles Calomiris, Columbia University

Could the Fed Do More to Please the Public?
Peter Ireland, Boston College

Why Have the Fed’s Polices Failed to Stimulate the Economy?
Mickey Levy, Berenberg Capital Markets

Comments: Greg Hess, Wabash College




Keynote Address

Introduction: Mickey Levy, Berenberg Capital Markets

Acknowledging Uncertainty
Loretta Mester, President, Federal Reserve Bank of Cleveland



October 7, 2016 – New York, NY

Keynote Address


Acknowledging Uncertainty

by Loretta Mester, President, Federal Reserve Bank of Cleveland

Position Papers


The Case (In Brief) for Unencumbering Interest Rate Policy at the Zero Bound

by Marvin Goodfriend, Carnegie Mellon University

The Microeconomic Perils of Monetary Policy Experiments

by Charles Calomiris, Columbia University

Could the Fed Do More to Please the Public?

by Peter Ireland, Boston College

Why Have the Fed’s Polices Failed to Stimulate the Economy?

by Mickey D. Levy, Berenberg Capital Markets

SOMC 2016 Spring Meeting

Presents…

the SHADOW OPEN MARKET COMMITTEE (SOMC) Meeting:

“Policy Priorities For Turbulent Times”

April 29, 2016 | New York City


Panel 1: Global Interactions—China, Europe, and the World

Rules-Based Policies—Better than International Central Bank Coordination
Michael Bordo, Rutgers University

Communist Rule and China’s Macroeconomic Adjustment Problem
Marvin Goodfriend, Carnegie Mellon University

The Fed-ECB Policy Divergence
Athanasios Orphanides, Massachusetts Institute of Technology

 

Panel 2: The Fed and the Markets

Moderator: Gregory Hess, Wabash College

Why Has Nominal Income Growth Been So Slow?
Peter Ireland, Boston College

Rethinking Fed Policy amid Constraints on Aggregate Supply
Mickey Levy, Berenberg Capital Markets

Reflections on Keynes and Hamilton
Bennett McCallum, Carnegie Mellon University

 

Keynote Address

Introduction: Mickey Levy, Berenberg Capital Markets

What’s the matter with the Fed?
Peter Fisher, Senior Fellow, Tuck School of Business, Dartmouth College and former Under Secretary, U.S. Treasury

April 29, 2016 – New York, NY

Keynote Address


What’s the matter with the Fed?

by Peter R. Fisher, Tuck School of Business at Dartmouth

Position Papers


Rules Based Policies: Better Than International Central Bank Coordination and Cooperation

by Michael D. Bordo, Rutgers University and Hoover Institution, Stanford University

Communist Party Rule and China’s Macroeconomics Adjustment Problem

by Marvin Goodfriend, Carnegie Mellon University

There is a joke in academia and it goes like this

by Gregory D. Hess, Wabash College

Why Has Nominal Income Growth Been So Slow?

by Peter N. Ireland, Boston College

Rethinking Fed Policy amid Constraints on Aggregate Supply

by Mickey D. Levy, Berenberg Capital Markets, LLC for the Americas and Asia

Reflections on Keynes and Hamilton

by Bennett T. McCallum, Tepper School of Business

The Fed-ECB Policy Divergence

by Athanasios Orphanides, MIT

2016

SOMC 2015 Fall Meeting

Presents…

the SHADOW OPEN MARKET COMMITTEE (SOMC) Meeting:

“THE FORGETFUL FED”

 

Three Challenges to Central Bank Orthodoxy
By James Bullard, President and CEO, Federal Reserve Bank of St. Louis

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