Full publication

Opening Remarks
Alan Greenspan

Financial Markets in Transition - or the Decline of Commercial Banking
Franklin R. Edwards

Commentary : Financial Markets in Transition-or The Decline of Commercial Banking
Kumiharu Shigehara

Credit Channel or Credit Actions? An Interpretation of the Postwar Transmission Mechanism
Christina D. Romer and David H. Romer

Commentary: Credit Channel or Credit Actions? An Interpretation of the Postwar Transmission Mechanism
Charles Freedman

Commentary: Credit Channel or Credit Actions? An Interpretation of the Postwar Transmission Mechanism
Mark Gertler

The Role of Judgment and Discretion in the Conduct of Monetary Policy: Consequences of Changing Financial Markets
Benjamin M. Friedman

Commentary: The Role of Judgment and Discretion in the Conduct of Monetary Policy
Donald L. Kohn

Commentary: The Role of Judgment and Discretion in the Conduct of Monetary Policy
Reiner Konig

Commentary: The Role of Judgment and Discretion in the Conduct of Monetary Policy
Allan H. Meltzer



Financial Markets in 2020
Charles S. Sanford, Jr.

The Integration of World Capital Markets
Michael Mussa and Morris Goldstein

Commentary: The Integration of World Capital Markets
Martin Feldstein

Commentary: The Integration of World Capital Markets
Robert A. Johnson

Monetary Policy Implications of Increased Capital Flows
Andrew Crockett

Commentary : Monetary Policy Implications of Increased Capital Flows
Antonio M. Borges

Commentary: Monetary Policy Implications of Increased Capital Flows
Alberto Giovannini

Overview Panelists

Stanley Fischer
Jacob A. Frenkel
Toyoo Gyohten
Hans Tietmeyer