PDFFull publication

PDFForeword
THOMAS M. HOENIG
President, Federal Reserve Bank of Kansas City

PDFThe contributors

PDFSymposium Summary
GORDON H. SELLON, JR.
Vice President and Economist
Federal Reserve Bank of Kansas City

PDFOpening Remarks
ALAN GREENSPAN
Chairman, Board of Governors of the Federal Reserve System

Changing Views About Stabilization Policy: A Historical Perspective

PDFThe 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

PDFCommentary
THOMAS J. SARGENT
Professor
Stanford University
Senior Fellow
Hoover Institution

PDFGeneral Discussion

Is There a Role for Counter-Cyclical Fiscal Policy?

PDFIs There a Role for Discretionary Fiscal Policy?
ALAN J. AUERBACH
Professor
University of California at Berkeley

PDFCommentary
MARTIN FELDSTEIN
President and CEO
National Bureau of Economic Research

PDFCommentary
FUMIO HAYASHI
Professor
University of Tokyo

PDFGeneral Discussion

Monetary Policy in a Changing Economic Environment

PDFCommentary
OTMAR ISSING
Member of the Executive Board
European Central Bank

PDFCommentary
GUILLERMO ORTÍZ MARTÍNEZ
Governor
Bank of Mexico

PDFCommentary
YUTAKA YAMAGUCHI
Deputy Governor
Bank of Japan

Are There Limits to the Use of Monetary Policy For Economic Stabilization?

PDFMonetary Policy and Real Stabilization
LARS E.O. SVENSSON
Professor
Princeton University

PDFCommentary
MATTI VANHALA
Governor
Bank of Finland

PDFGeneral Discussion

Monetary and Fiscal Policy: Independence or Dependence?

PDFShould 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

PDFCommentary
ALAN S. BLINDER
Professor
Princeton University

PDFCommentary
SEBASTIAN EDWARDS
Professor
University of California at Los Angeles

PDFGeneral Discussion

Overview Panel

PDFCommentary
DAVID A. DODGE
Governor
Bank of Canada

PDFCommentary
JACOB A. FRENKEL
Chairman
Merrill Lynch International

PDFCommentary
FREDERIC S. MISHKIN
Professor
Columbia University

PDFGeneral Discussion

PDFThe Participants