Agenda, Papers, and Presentations

This conference is by invitation only.

Monday, May 11
Location: Federal Reserve Bank of Atlanta

1:00 p.m. Introductory remarks
1:15 "Protecting Financial Stability in the Aftermath of the Great War: The Experience of the Federal Reserve Bank of Atlanta"
Eugene White, Rutgers University [Presentation]
2:15 Break
2:45 "The Enduring Relevance of Monetarist Principles"
Robert Hetzel, Federal Reserve Bank of Richmond [Presentation]
3:45 Break
4:15 "Was the Panic of 1907 a Global Crisis? Testing the Noyes Hypothesis"
Mary Rodgers, SUNY Oswego [Presentation]
5:15 Reception
6:00 Dinner and featured presentation: "The Federal Reserve and Historical Transparency"
Gary Richardson, Federal Reserve Bank of Richmond

Tuesday, May 12
Location: Federal Reserve Bank of Atlanta

9:00 a.m. "The Early Years of the Primary Dealer System"
Kenneth Garbade, Federal Reserve Bank of New York [Presentation]
10:00 Break
10:15 "The Evolution of the Federal Reserve Swap Lines since 1962"
Michael Bordo, Rutgers University [Presentation]
11:15 Break
11:30 "How Fiscal Policy Affects the Price Level: Britain's First Experience with Paper Money"
Pamfili Antipa, Banque de France [Presentation]
12:30 p.m. Lunch
2:00 "Landschaften as Credit Purveyors: The Example of East Prussia"
Kirsten Wandschneider, Occidental College [Presentation]
3:00 Break
3:30 "Extended Liability at Early American Banks"
Howard Bodenhorn, Clemson University [Presentation]
4:30 Break
4:45 "Towards a History of the Junk Bond Market, 1910–1955"
Hugh Rockoff, Rutgers University [Presentation]
5:45 Reception
6:30 Dinner and Public Affairs Forum: "Thinking Historically about Banking Crises and Bailouts"
Charles Calomiris, Columbia University [Presentation]

Wednesday, May 13
Location: Emory University

9:00 a.m. "Sovereign Debt Guarantees and Default: Lessons from the UK and Ireland, 1920–1938"
Nathan Foley-Fisher, Board of Governors of the Federal Reserve System
10:00 Break
10:30 Hightower Lecture: "The Creation of the Euro: Design Flaws or Universal Predicament?"
Harold James, Princeton University [Presentation]
Noon Lunch
1:30 p.m. "The Emergence of Corporate Governance: Economic Institutional Evolution in Toulouse 1372-1946"
William Goetzmann, Yale University
2:30 "Bankruptcy Discharge and the Emergence of Debtor Rights in Eighteenth Century England"
Ann Carlos, University of Colorado-Boulder [Presentation]
3:30 Break
4:00 "How Did Pre-Fed Banking Panics End?"
Gary Gorton, Yale University; Ellis Tallman, Oberlin College and Federal Reserve Bank of Cleveland
5:00 Reception

Thursday, May 14
Location: Federal Reserve Bank of Atlanta

9:00 a.m. "Investment Banks as Corporate Monitors in the Early 20th Century United States"
Carola Frydman, Boston University [Presentation]
10:00 Break
10:15 "Slow Capital, Fast Prices: Shocks to Funding Liquidity and Stock Price Reversals"
Stefan Gissler, Board of Governors of the Federal Reserve System [Presentation ]
11:15 Break
11:30 "Deposit Interest Rate Ceilings as Credit Supply Shifters: Bank Level Evidence on the Effects of Regulation Q"
Christoffer Koch, Federal Reserve Bank of Dallas [Presentation]
12:30 p.m. Lunch /adjourn