PDFForeword

THOMAS M. HOENIG
President, Federal Reserve Bank of Kansas City

PDFThe Contributors

PDFSymposium Summary

PDFOpening Remarks
ALAN GREENSPAN
Chairman, Board of Governors of the Federal Reserve System

PDFWhy Are Central Banks Pursuing Long-Run Price Stability?
STANLEY FISCHER
First Deputy Managing Director, International Monetary Fund

PDFCommentary
LAWRENCE SUMMERS
Deputy Secretary, U.S. Department of the Treasury

PDFGeneral Discussion

PDFHow Should Central Banks Reduce Inflation? - Conceptual Issues
MERVYN KING
Chief Economist and Executive Director, Bank of England

PDFCommentary
RUDIGER DORNBUSCH
Professor, Massachusetts Institute of Technology

PDFCommentary
BENNETT T. McCALLUM
Professor, Carnegie-Mellon University

PDFGeneral Discussion

How Have Central Banks Reduced Inflation? - Practical Issues

PDFReducing Inflation in New Zealand: Some Practical Issues
DONALD T. BRASH
Governor, Reserve Bank of New Zealand

PDFIsrael's Experience With Inflation
JACOB FRENKEL
Governor, Bank of Israel

PDFDisinflation in the Czech Republic: Looking Both Backward and Forward
JOSEF TOSOVSKY
Governor, Czech National Bank

PDFGeneral Discussion

PDFLessons From the Stabilization Process in Argentina
DOMINGO CAVALLO
Former Minister of Economy and Public Works, Republic of Argentina

PDFGeneral Discussion

PDFHow Should Monetary Policy Respond to Shocks While Maintaining Long-Run Price Stability? - Conceptual Issues
JOHN B. TAYLOR
Professor, Stanford University

PDFCommentary
DAVID W. MULLINS, JR.
Principal, Long-Term Capital Management, L.P.

PDFCommentary
LARS E.O. SVENSSON
Professor, Institute for International Economic Studies

PDFGeneral Discussion


PDFWhat Operating Procedures Should Be Adopted To Maintain Price Stability? - Practical Issues
CHARLES FREEDMAN
Deputy Governor, Bank of Canada

PDFCommentary
OTMAR ISSING
Member of the Directorate, Deutsche Bundesbank

PDFCommentary
DONALD L. KOHN
Director, Division of Monetary Affairs, Board of Governors of the Federal Reserve System

PDFGeneral Discussion



Overview Panelists

PDFANDREW CROCKETT
General Manager, Bank for International Settlements

PDFMARTIN FELDSTEIN
President, National Bureau of Economic Research

PDFJEAN-CLAUDE TRICHET
Governor, Bank of France

PDFGeneral Discussion

PDFThe Participants