Materials for this year's symposium, during which participants discuss economic issues, implications and policy options, will be posted as they are available. Times listed on the agenda are Mountain Standard Time. To learn more about the symposium's history read In Late August

Federal Reserve officials met with the Center for Popular Democracy's Fed Up campaign on August 25, 2016, in Jackson Hole, Wyoming. Watch the event.

Thursday, August 25, 2016


6 p.m.

Opening Reception and Dinner

   
Host: Esther L. George
  President and Chief Executive Officer
  Federal Reserve Bank of Kansas City
   

Friday, August 26, 2016


Chair: Peter Blair Henry
  Dean, Leonard N. Stern School of Business
 

New York University 

   

8 a.m.

Opening Remarks

 

Janet L. Yellen - Speech
  Chair
  Board of Governors of the Federal Reserve System 
   

8:30 a.m.

Adapting to Changes in the Financial Market Landscape 

   
Authors: Darrell Duffie - Paper | Handout
  Professor
  Stanford University
   
  Arvind Krishnamurthy Paper | Handout 
  Professor
  Stanford University
   
Discussant:  Minouche Shafik Remarks | Handout
  Deputy Governor, Markets and Banking 
  Bank of England
   

9:05 a.m.

General Discussion

   

9:55 a.m.

Negative Nominal Interest Rates 

   
Author: Marvin Goodfriend Paper
  Professor
  Carnegie Mellon University
   
Discussant:  Marianne Nessén - Remarks | Handout
  Head of Monetary Policy Department
  Sveriges Riksbank
   

10:30 a.m.

General Discussion

   

10:55 a.m.

Evaluating Alternative Monetary Frameworks 

   
Author: Ulrich Bindseil Paper | Handout
  Head of Directorate General Market Operations
  European Central Bank
 
Discussants:  Jean-Pierre Danthine - Remarks
  President 
 

Paris School of Economics 

 
  Simon Potter - Remarks | Handout
  Executive Vice President, Markets Group 
  Federal Reserve Bank of New York 
   

11:45 a.m. 

General Discussion  

   

1 p.m. 

Luncheon Address 

  Christopher A. Sims - Paper
  Professor
 

Princeton University

   

2 p.m.

Adjournment

   
   

Saturday, August 27, 2016


Chair: Kristin Forbes
  Professor
 

Massachusetts Institute of Technology

   

8 a.m.

Central Bank Balance Sheets and Financial Stability

   
Authors: Jeremy C. Stein - Paper | Handout
Professor
 

Harvard University 

   
  Robin Greenwood - Paper | Handout
  Professor
  Harvard University 
   

Samuel G. Hanson - Paper | Handout
  Assistant Professor
 

Harvard University 

   
Discussant:  Randall S. Kroszner 
  Professor
 

University of Chicago

   

8:35 a.m.

General Discussion

   

9 a.m.

The Structure of Central Bank Balance Sheets

   
Author: Ricardo Reis - Paper | Handout
  Professor
 

Columbia University 

   

9:45 a.m.

 

   
Discussant: Laura L. Veldkamp - Paper
  Professor
  New York University
   

10 a.m.

General Discussion

   

10:25 a.m.

Overview Panel

   
Panelists: Agustín Carstens - Remarks |Handout
  Governor
  Bank of Mexico
   
  Benoít Coeuré - Remarks
  Member of the Executive Board
  European Central Bank
   
  Haruhiko Kuroda - Handout | Remarks
  Governor
  Bank of Japan
   

11:25 a.m.

General Discussion

   

2 p.m.

Adjournment

   
Roster of attendees