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

The Contributors

Symposium Introduction

Opening Remarks

BEN S. BERNANKE
Chairman
Board of Governors of the Federal Reserve System

Evaluating the Global Economic Recovery

After the Fall

Author:
CARMEN M. REINHART
Professor, University of Maryland

Discussant:
WILLIAM R. WHITE
Chairman, Economic Development and Review Committee
Organisation for Economic Co-operation and Development

General Discussion

Incorporating Financial Factors into Macroeconomic Analysis

Monetary Policy and Stock Market Booms

Author:
LAWRENCE J. CHRISTIANO
Professor, Northwestern University

Discussant:
JOHN GEANAKOPLOS
Professor
Yale University

General Discussion

Inflation Dynamics in the Decade Ahead

Modeling Inflation After the Crisis

Authors:
JAMES H. STOCK
Professor
Harvard University

MARK W. WATSON
Professor
Princeton University

Discussant:
FRANK R. SMETS
Director General, Research
European Central Bank

General Discussion

Luncheon Address

JEAN-CLAUDE TRICHET
President
European Central Bank

Rethinking Monetary Policy in Light of the Crisis

Monetary Policy After the Fall

Authors:
CHARLES R. BEAN
Deputy Governor
Bank of England

Discussants:
ALAN S. BLINDER
Professor
Princeton University

JOHN B. TAYLOR
Professor
Stanford University
Senior Fellow
Hoover Institution

General Discussion

Risks and Challenges of Large Fiscal Deficits

Monetary Science, Fiscal Alchemy

Author:
ERIC M. LEEPER
Professor, Indiana University

Discussant:
FRANCESCO GIAVAZZI
Professor
Bocconi University

General Discussion

Reconsidering the International Monetary System

Panelists:
JOHN LIPSKY
First Deputy Managing Director
International Monetary Fund

MAURICE OBSTFELD
Professor
University of California, Berkeley

UMAYYA S. TOUKAN
Governor
Central Bank of Jordan

General Discussion

Roster of Attendees