The Philadelphia Fed Policy Forum

9:15 a.m.

Continental Breakfast

10:00 a.m.

Opening Remarks

Charles I. Plosser, President, Federal Reserve Bank of Philadelphia

• view remarks (122 KB, 7 pages)

"The Crisis in Perspective"

Moderator: Michael Dotsey, Federal Reserve Bank of Philadelphia

10:30 a.m.

• "Financial Crises: What History Has (or Hasn't) Taught Us"
  Carmen Reinhart, University of Maryland
  • view presentation (244 KB, 36 pages)

10:55 a.m.

• "The Current Crisis in Some Perspective"
  Harold Cole, University of Pennsylvania
  • view presentation (124 KB, 15 pages)

11:20 a.m.

Discussion and Audience Participation

12:00 p.m.

Lunch

"Lessons for Monetary Policy and Fiscal Policy"

Moderator: Loretta Mester, Federal Reserve Bank of Philadelphia

1:15 p.m.

• "Three Lessons from the Panic of 2008"
  James Bullard, President, Federal Reserve Bank of St. Louis
  • view presentation (665 KB, 33 pages)

1:40 p.m.

• "Getting Back on Track"
  John Taylor, Stanford University
  • view presentation (540 KB, 17 pages)

2:05 p.m.

• "Questions About Fiscal Policy"
  N. Gregory Mankiw, Harvard University

2:30 p.m.

Discussion and Audience Participation

3:00 p.m.

Break

"Lessons for Financial Regulation and Supervision"

Moderator: Mitchell S. Berlin, Federal Reserve Bank of Philadelphia

3:15 p.m.

• "The Lessons from the Credit Crisis"
  Douglas Diamond, University of Chicago
  • view presentation (277 KB, 20 pages)

3:40 p.m.

• "The Definition and Control of Systemic Financial Risk"
  Charles Goodhart, London School of Economics
  • view presentation (19 KB, 9 pages)

4:05 p.m.

• "The Case of Simpler Financial Regulation"
  Vincent Reinhart, American Enterprise Institute
  • view presentation (265 KB, 29 pages)

4:30 p.m.

Discussion and Audience Participation

5:15 p.m.

Reception and Informal Discussion