Materials for the symposium, during which participants discussed economic issues, implications and policy options, are posted below. The final papers are presented in book form below.

Download the final papers here.

To learn about the symposium's history, read In Late August.

View this year’s list of attendees.

Agenda

Day 1:

Opening Reception and Dinner
Jeffrey Schmid
 | Host President and Chief Executive Officer, Federal Reserve Bank of Kansas City

Day 2:

Friday Session

Karen Dynan
| Chair Professor, Harvard University

Opening Remarks

Jerome Powell
| Keynote Chair, Board of Governors, Federal Reserve System
  • external Written Remarks
  • external Video Remarks

Insights from the 2020’s Inflation Surge

Gauti Eggertsson
| Author Professor, Brown University
  • pdf Eggertsson Paper
  • pdf Eggertsson Handout
Iván Werning
| Discussant Professor, Massachusetts Institute of Technology
  • pdf Werning and Lorenzoni Handout
Guido Lorenzoni
| Discussant Professor, University of Chicago
  • pdf Werning and Lorenzoni Handout

General Discussion

Government Debt in Mature Markets

Hanno Lustig
| Author Professor, Stanford University and Senior Fellow, Stanford Institute for Economic Policy Research
  • pdf Lustig Paper
  • pdf Lustig Handout
Anna Cieslak
| Discussant Associate Professor, Duke University
  • pdf Cieslak Handout

General Discussion

Panel: Financial Markets and the Transmission of Monetary Policy

Anil Kashyap
| Panelist Professor, University of Chicago
  • pdf Kashyap Handout
  • pdf Kashyap Remarks
Patricia Mosser
| Panelist Director, MPA Program in Economic Policy Management, Columbia University
  • pdf Mosser Remarks
Eric Swanson
| Panelist Professor, University of California, Irvine
  • pdf Swanson Handout

General Discussion

Luncheon Address

Andrew Bailey
| Speaker Governor, Bank of England
  • external Bailey Remarks

Day 3:

Saturday Session

Andréa Maechler
| Chair Deputy General Manager, Bank for International Settlements

Changing Perceptions and the Transmission of Monetary Policy

Carolin Pflueger
| Author Associate Professor, University of Chicago
  • pdf Pflueger Paper
  • pdf Pflueger Handout
Janice C. Eberly
| Discussant Professor, Northwestern University
  • pdf Eberly Handout

General Discussion

The Transmission of Monetary Policy Through Bank Balance Sheets

Philipp Schnabl
| Author Professor, New York University
  • pdf Schnabl Paper
  • pdf Schnabl Handout
Kristin J. Forbes
| Discussant Professor, Massachusetts Institute of Technology
  • pdf Forbes Handout

General Discussion

Panel: Reassessing the Effectiveness and Transmission of Monetary Policy

Ida Wolden Bache
| Panelist Governor, Norges Bank
  • pdf Wolden Bache Handout
Philip Lane
| Panelist Member of the Executive Board, European Central Bank
  • pdf Lane Handout
Roberto Campos Neto
| Panelist Governor, Banco Central do Brasil
  • pdf Campos Neto Handout

General Discussion