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Foreword
THOMAS M. HOENIG
President, Federal Reserve Bank of Kansas City |
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The Contributors |
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Symposium Introduction |
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| Opening Remarks |
BEN S. BERNANKE
Chairman, Board of Governors of the Federal Reserve System |
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| The Origins and Nature of Financial Crises |
| Author: |
RICARDO J. CABALLERO
Professor, Massachusetts Institute of Technology |
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| Paper: |
The "Surprising" Origin and Nature of Financial Crises: A Macroeconomic Policy Proposal |
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| Discussant: |
KENNETH S. ROGOFF
Professor, Harvard University |
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| General Discusssion |
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| Financial Crises and Economic Activity |
| Authors: |
STEPHEN G. CECCHETTI
Economic Adviser and Head of the Monetary and Economic Department, Bank for International Settlements |
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CHRISTIAN UPPER
Head of Financial Markets, Bank for International Settlements |
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| Paper: |
Financial Crises and Economic Activity |
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| Discussant: |
MARK GERTLER
Professor, New York University |
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| General Discussion |
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| Policies to Stabilize Financial Markets |
| Panelists: |
CHARLES GOODHART
Professor, London School of Economics |
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BRIAN F. MADIGAN
Director, Division of Monetary Affairs, Board of Governors of the Federal Reserve System |
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JEAN-CHARLES ROCHET
Professor, University of Toulouse |
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| General Discussion |
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| Luncheon Address |
STANLEY FISCHER
Governor, Bank of Israel |
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| General Discussion |
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| Monetary Policy to Stabilize Economic Activity |
| Author: |
CARL E. WALSH
Professor, University of California, Santa Cruz |
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| Paper: |
Using Monetary Policy to Stabilize Economic Activity |
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| Discussant: |
MARK J. CARNEY
Governor, Bank of Canada |
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| General Discussion |
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| Fiscal Policy to Stabilize Economic Activity |
| Authors: |
ALAN J. AUERBACH
Professor, University of California, Berkeley |
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WILLIAM G. GALE
Vice President and Director, Economic Studies, The Brookings Institution |
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| Paper |
Activist Fiscal Policy to Stabilize Economic Activity |
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| Discussants: |
R. GLENN HUBBARD
Dean, Columbia Business School, Columbia University |
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KLAUS SCHMIDT-HEBBEL
Professor, Catholic University of Chile |
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| General Discusson |
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| The International Policy Response to Financial Crises |
| Panelists: |
JAIME CARUANA
General Manager, Bank for International Settlements |
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MASAAKI SHIRAKAWA
Governor, Bank of Japan |
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JEAN-CLAUDE TRICHET
President, European Central Bank |
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| General Discussion |
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| Roster of Attendees |
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