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


Agenda

Aug. 23, 2018

6:00 p.m.

Opening Reception and Dinner

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

PDFForeword
PDFContributors
PDFSummary

Aug. 24, 2018

8:00 a.m.

Opening Remarks

Chair:
Kristin J. Forbes
Professor
Massachusetts Institute of Technology 

Jerome H. Powell | PDFRemarks
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 | PDFPaper
Professor
Massachusetts Institute of Technology

Discussant:
Valerie A. Ramey | PDFRemarks
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 Intangibles

Authors:
Nicolas Crouzet PDFPaper
Assistant Professor
Northwestern University

Janice C. Eberly | PDFPaper
Professor
Northwestern University

Discussant:
Thomas Philippon 
| PDFRemarks
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 | PDFRemarks
Chief Economist
Bank of England

Antoinette Schoar PDFRemarks
Professor
Massachusetts Institute of Technology

Chad Syverson |PDFRemarks
Professor
University of Chicago

11:55 a.m.

General Discussion

1:00 p.m.

Luncheon Address

Alan B. Krueger PDFRemarks
Professor
Princeton University

2:00 p.m.

Adjournment

Aug. 25, 2018

8:00 a.m.

More Amazon Effects: Online Competition and Pricing Behaviors

Chair:
Lisa D. Cook
Associate Professor
Michigan State University

Author:
Alberto F. Cavallo PDFPaper
Associate Professor
Harvard University

Discussant:
Yuriy GorodnichenkoPDFRemarks
Professor
University of California-Berkeley

8:35 a.m.

General Discussion

9:00 a.m.

Competition, Stability, and Efficiency in Financial Markets

Authors:
Dean Corbae | PDFPaper
Professor
University of Wisconsin

Ross Levine ​| PDFPaper
Professor
University of California-Berkeley

Discussant:
Claudia M. Buch | PDFRemarks
Vice President 
Deutsche Bundesbank

10:00 a.m.

General Discussion

10:25 a.m.

Overview Panel

Panelists:
Agustín Carstens PDFRemarks
General Manager
Bank for International Settlements

Stephen S. Poloz PDFRemarks
Governor
Bank of Canada

Raghuram G. Rajan  PDFRemarks
Professor
University of Chicago

11:25 a.m.

General Discussion

2:00 p.m.