SOMC 2014 Spring Symposium

Presents…

the SHADOW OPEN MARKET COMMITTEE (SOMC) Symposium:

“Monetary Policy for Growth and Stability: Lessons from the Fed’s First Century”

 

Position Papers

Reforming the Rules That Govern the Fed

by Charles W. Calomiris, Columbia Business School

The Relevance of Federal Reserve Surplus Capital for Current Policy

by Marvin Goodfriend, Carnegie Mellon University and National Bureau of Economic Research

Shifting Perspectives on the Dual Mandate

by Peter Ireland, Boston College

Achieving Normalcy in Monetary Policy

by Mickey D. Levy, Blenheim Capital Management

Has the Federal Reserve Learned to be an Effective Lender of Last Resort in its First One Hundred Years?

by Michael D. Bordo, Rutgers University and Hoover Institution

Recent Monetary Policy and the Fiscal Theory of the Price Level

Bennett T. McCallum, Carnegie Mellon University

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