Foreword
THOMAS M. HOENIG
President, Federal Reserve Bank of Kansas City
The Contributors
Symposium Summary
CRAIG S. HAKKIO
Senior Vice President and Director of Research, Federal Reserve Bank of Kansas City
Opening Remarks
ALAN GREENSPAN
Chairman, Board of Governors of the Federal Reserve System
Dimensions of the Information Economy
The "New Economy": Background, Historical Perspective, Questions, and Speculation
J. BRADFORD DELONG
Professor, University of California at Berkeley
LAWRENCE SUMMERS
Arthur Okun Distinguished Fellow in Economics, Globalization, and Governance, The Brookings Institution
Commentary
ALICE RIVLIN
Senior Fellow, The Brookings Institution
Market Structure in the Information Economy
High-Technology Industries and Market Structure
HAL R. VARIAN
Dean, School of Information Management and Systems, University of California at Berkeley
Commentary
ERIK BRYNJOLFSSON
Professor, Massachusetts Institute of Technology
Commentary
KEVIN M. MURPHY
Professor, University of Chicago
Future of Finance in the Information Economy
Technology, Information Production, and Market Efficiency
GENE D'AVOLIO
Harvard University
EFI GILDOR
Gildor Trading Company
ANDREI SHLEIFER
Professor, Harvard University
Commentary
ROGER W. FERGUSON, JR.
Vice Chairman, Board of Governors of the Federal Reserve System
Commentary
PHILIPP M. HILDEBRAND
Chief Investment Officer, Vontobel Group
Reducing the International Digital Divide
Luncheon Address
DONALD J. JOHNSTON
Secretary-General, Organization for Economic Co-operation and Development
Macroeconomic Implications of the Information Economy
Macroeconomic Implications of the New Economy
MARTIN N. BAILY
Senior Fellow, Institute for International Economics
Commentary
TAKATOSHI ITO
Deputy Vice Minister for International Affairs, Ministry of Finance, Japan
Commentary
JOHN B. TAYLOR
Under Secretary for International Affairs, U.S. Treasury
Monetary Policy in the Information Economy
Monetary Policy in the Information Economy
MICHAEL WOODFORD
Professor, Princeton University
Commentary
ROBERT E. HALL
Professor, Stanford University
Commentary
MERVYN KING
Deputy Governor, Bank of England
Overview Panel
Commentary
MARTIN FELDSTEIN
President and Chief Executive Officer, National Bureau of Economic Research
Commentary
CHRISTIAN NOYER
Vice President, European Central Bank
Commentary
JANET L. YELLEN
Professor, University of California at Berkeley