Materials for this year's symposium, during which participants discuss economic issues, implications and policy options, will be posted as they are available. Times listed on the agenda are Mountain Standard Time. To learn more about the symposium's history read In Late August.

Thursday, August 23, 2018


6 p.m.

Opening Reception and Dinner

   
Host: Esther L. George
  President and Chief Executive Officer
  Federal Reserve Bank of Kansas City
 

Friday, August 24, 2018


Chair: Kristin J. Forbes
  Professor
 

Massachusetts Institute of Technology 

   

8 a.m.

Opening Remarks

 

Jerome H. Powell | Remarks
  Chairman
  Board of Governors of the Federal Reserve System 
   

8:30 a.m.

Increasing Differences Between Firms: Market Power and the Macro-Economy

   
Author: John Van Reenen | Paper | Handout
  Professor
  Massachusetts Institute of Technology
   
Discussant:  Valerie A. Ramey | Remarks
  Professor 
  University of California-San Diego
   

9:05 a.m.

General Discussion

   

9:55 a.m.

Understanding Weak Capital Investment: The Role of Market Concentration and Intagibles

   
Authors: Nicolas Crouzet Paper | Handout
  Assistant Professor
  Northwestern University
   
  Janice C. Eberly | Paper | Handout
  Professor 
  Northwestern University 
   
Discussant:  Thomas Philippon | Remarks
  Professor
  New York University
   

10:30 a.m.

General Discussion

   

10:55 a.m.

Panel on Changing Market Structure and Implications for Monetary Policy

   
Panelists: Andrew G. Haldane | Remarks | Handout 
  Chief Economist
  Bank of England
 

Antoinette Schoar Remarks
  Professor
  Massachusetts Institute of Technology
   

Chad Syverson |Remarks | Handout
  Professor 
  University of Chicago 
   

11:55 a.m. 

General Discussion  

   

1 p.m. 

Luncheon Address 

  Alan B. Krueger Remarks
  Professor
 

Princeton University

   

2 p.m.

Adjournment

   

Saturday, August 25, 2018


Chair: Lisa D. Cook
  Associate Professor
 

Michigan State University

   

8 a.m.

More Amazon Effects: Online Competition and Pricing Behaviors

   
Author: Alberto F. Cavallo Paper | Handout
Associate Professor
 

Harvard University

   
 Discussant:
Yuriy GorodnichenkoRemarks
  Professor
  University of California-Berkeley
 

8:35 a.m.

General Discussion

   

9 a.m.

Competition, Stability, and Efficiency in Financial Markets

   
Authors: Dean Corbae | Paper
  Professor
  University of Wisconsin 
   

Ross Levine ​| Paper
  Professor
  University of California-Berkeley 
   
Discussant:  Claudia M. Buch | Remarks | Handout

Vice President 

Deutsche Bundesbank


10 a.m.

General Discussion

   

10:25 a.m.

Overview Panel

   
Panelists: Agustín Carstens Remarks
  General Manager
  Bank for International Settlements
   

Stephen S. Poloz Remarks
  Governor
  Bank of Canada
   
  Raghuram G. Rajan  Remarks
  Professor
  University of Chicago
   

11:25 a.m.

General Discussion

   

2 p.m.

Adjournment


 

 

Roster of attendees