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Event Details
presents
the SHADOW OPEN MARKET COMMITTEE (SOMC) symposium:
Maintaining Central Bank Independence in Conducting Monetary Policy
with keynote speaker Kevin Warsh,
Federal Reserve Governor
on March 26, 2010
at the Harvard Club of New York
35 W 44th St, New York, NY 10036
Position papers addressing central bank independence, financial regulatory reform and current monetary policy will be presented by SOMC members Michael Bordo, Charles Calomiris, Gregory Hess, Marvin Goodfriend, Mickey Levy and Bennett McCallum. Audience participation will be encouraged.
Schedule:
| 8:30 am |
Registration and Breakfast
|
| 9:00 am-9:15 am |
Welcome Remarks
by Christopher Papagianis (Economics21)
Common Themes of SOMC
by Gregory Hess
|
| 9:15 am-10:30 am |
Aspects of Central Bank Independence and Financial Stability
Marvin Goodfriend, Clarifying Central Bank Responsibilities for Monetary Policy and Financial Stability
Bennett McCallum, Central Bank Independence and the Rationale for Monetary Policy
Michael Bordo, Fed Episodes of Regaining and Losing Independence
Charles Calomiris, What is Fed Independence? What Regulatory Regime Threatens It?
Mickey Levy, Monetary Policy Independence amid Fiscal Policy Deterioration
Gregory Hess, Monetary Policy 1.0
|
| 10:30 am-10:40 am |
Break |
| 10:40 am-11:30 am |
Panel Discussion: Issues Critical to the Fed’s Successful Exit Policy
Panelists: SOMC Members
Moderator: Mickey Levy |
| 11:30 am-12:15 pm |
Guest Presentation
Kevin Warsh, Governor, Federal Reserve Board
Moderators: Marvin Goodfriend and Mickey Levy |
Lunch to follow.
**Please contact info@economics21.org with any questions**
Where
Harvard Club of New York
35 W 44th St
New York,
NY 10036
Hosted By
e21
We are a nonprofit, nonpartisan organization dedicated to economic research and innovative public policies for the 21st century. Drawing on the expertise of practitioners, policymakers, and academics, we aim to advance free enterprise, fiscal discipline, economic growth, and the rule of law.
