Foreword
THOMAS M. HOENIG
President, Federal Reserve Bank of Kansas City
Symposium Summary
GORDON H. SELLON, JR.
Vice President and Economist
Federal Reserve Bank of Kansas City
Opening Remarks
ALAN GREENSPAN
Chairman, Board of Governors of the Federal Reserve System
Changing Views About Stabilization Policy: A Historical Perspective
The Evolution of Economic Understanding and Postwar Stabilization Policy Perspective
CHRISTINA D. ROMER
Professor
University of California at Berkeley
DAVID ROMER
Professor
University of California at Berkeley
Commentary
THOMAS J. SARGENT
Professor
Stanford University
Senior Fellow
Hoover Institution
Is There a Role for Counter-Cyclical Fiscal Policy?
Is There a Role for Discretionary Fiscal Policy?
ALAN J. AUERBACH
Professor
University of California at Berkeley
Commentary
MARTIN FELDSTEIN
President and CEO
National Bureau of Economic Research
Commentary
FUMIO HAYASHI
Professor
University of Tokyo
Monetary Policy in a Changing Economic Environment
Commentary
OTMAR ISSING
Member of the Executive Board
European Central Bank
Commentary
GUILLERMO ORTÍZ MARTÍNEZ
Governor
Bank of Mexico
Commentary
YUTAKA YAMAGUCHI
Deputy Governor
Bank of Japan
Are There Limits to the Use of Monetary Policy For Economic Stabilization?
Monetary Policy and Real Stabilization
LARS E.O. SVENSSON
Professor
Princeton University
Commentary
MATTI VANHALA
Governor
Bank of Finland
Monetary and Fiscal Policy: Independence or Dependence?
Should the European Central Bank and the Federal Reserve Be Concerned About Fiscal Policy?
MATTHEW B. CANZONERI
Professor
Georgetown University
ROBERT E. CUMBY
Professor
Georgetown University
BEHZAD DIBA
Professor
Georgetown University
Commentary
ALAN S. BLINDER
Professor
Princeton University
Commentary
SEBASTIAN EDWARDS
Professor
University of California at Los Angeles
Overview Panel
Commentary
DAVID A. DODGE
Governor
Bank of Canada
Commentary
JACOB A. FRENKEL
Chairman
Merrill Lynch International
Commentary
FREDERIC S. MISHKIN
Professor
Columbia University