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.
Thursday, August 23, 2018 |
|
6 p.m. |
Opening Reception and Dinner |
| Host: | Esther L. George |
| President and Chief Executive Officer | |
| Federal Reserve Bank of Kansas City | |
Friday, August 24, 2018 |
|
| Chair: | Kristin J. Forbes |
| Professor |
|
|
Massachusetts Institute of Technology |
|
8 a.m. |
Opening Remarks |
| Jerome H. Powell | Remarks |
|
| Chairman | |
| Board of Governors of the Federal Reserve System | |
8:30 a.m. |
Increasing Differences Between Firms: Market Power and the Macro-Economy |
| Author: | John Van Reenen | Paper | Handout |
| Professor | |
| Massachusetts Institute of Technology | |
| Discussant: | Valerie A. Ramey | Remarks |
| Professor | |
| University of California-San Diego | |
9:05 a.m. |
General Discussion |
9:55 a.m. |
Understanding Weak Capital Investment: The Role of Market Concentration and Intagibles |
| Authors: | Nicolas Crouzet | Paper | Handout |
| Assistant Professor | |
| Northwestern University | |
| Janice C. Eberly | Paper | Handout |
|
| Professor | |
| Northwestern University | |
| Discussant: | Thomas Philippon | Remarks |
| Professor | |
| New York University | |
10:30 a.m. |
General Discussion |
10:55 a.m. |
Panel on Changing Market Structure and Implications for Monetary Policy |
| Panelists: | Andrew G. Haldane | Remarks | Handout |
| Chief Economist | |
| Bank of England | |
| Antoinette Schoar | Remarks | |
| Professor | |
| Massachusetts Institute of Technology | |
| Chad Syverson |Remarks | Handout | |
| Professor | |
| University of Chicago | |
11:55 a.m. |
General Discussion |
1 p.m. |
Luncheon Address |
| Alan B. Krueger | Remarks | |
| Professor | |
|
Princeton University |
|
2 p.m. |
Adjournment |
Saturday, August 25, 2018 |
|
| Chair: | Lisa D. Cook |
| Associate Professor | |
|
Michigan State University |
|
8 a.m. |
More Amazon Effects: Online Competition and Pricing Behaviors |
| Author: | Alberto F. Cavallo | Paper | Handout |
| Associate Professor | |
|
Harvard University |
|
| Discussant: |
Yuriy Gorodnichenko| Remarks |
| Professor | |
| University of California-Berkeley | |
8:35 a.m. |
General Discussion |
9 a.m. |
Competition, Stability, and Efficiency in Financial Markets |
| Authors: | Dean Corbae | Paper |
| Professor | |
| University of Wisconsin | |
| Ross Levine | Paper |
|
| Professor | |
| University of California-Berkeley | |
| Discussant: | Claudia M. Buch | Remarks | Handout |
| Vice President | |
| Deutsche Bundesbank | |
10 a.m. |
General Discussion |
10:25 a.m. |
Overview Panel |
| Panelists: | Agustín Carstens | Remarks |
| General Manager | |
| Bank for International Settlements | |
| Stephen S. Poloz | Remarks | |
| Governor | |
| Bank of Canada | |
| Raghuram G. Rajan | Remarks |
|
| Professor | |
| University of Chicago | |
11:25 a.m. |
General Discussion |
2 p.m. |
Adjournment |
