Agenda

This conference is by invitation only.

Monday, May 15
Location: Federal Reserve Bank of Atlanta
1:00 p.m. Introductory remarks
  Chair for afternoon sessions: Robert Hetzel, Federal Reserve Bank of Richmond
1:15 Monetary Policy When One Size Does Not Fit All: the Federal Reserve Banks and the Recession of 1920–1921
Eugene White, Rutgers University [Presentation Adobe PDF file format]
Coauthor: Ellis Tallman, Federal Reserve Bank of Cleveland
2:15 Break
2:45 U.S. Monetary Policy Since the 1950s and the Changing Content of FOMC Minutes Adobe PDF file format
Pierre Siklos, Wilfred Laurier University [Presentation Adobe PDF file format]
3:45 Break
4:15 Mobile Collateral versus Immobile Collateral Adobe PDF file format
Gary Gorton, Yale University [Presentation Adobe PDF file format]
Coauthor: Tyler Muir, Yale University
5:15 Reception
6:00 Dinner and featured presentation

The Failures That Ignited America's Financial Panics
Hugh Rockoff, Rutgers University [Presentation Adobe PDF file format]
Tuesday, May 16
Location: Federal Reserve Bank of Atlanta
  Chair for morning sessions: Warren Weber, Federal Reserve Bank of Atlanta
8:30 a.m. Continental breakfast
9:00 Banking Panics and Business Failures: Evidence from the Federal Reserve's Formative Years
Gary Richardson, University of California, Irvine [Presentation Adobe PDF file format]
10:00 Break
10:15 Systemic Risk: Comparing the Great Recession with the Great Depression
Kris Mitchener, Santa Clara University [Presentation Adobe PDF file format]
Coauthors: Angela Vossmeyer, Claremont McKenna College, and Sanjiv Das, Santa Clara University
11:15 Break
11:30 Returning to Normal against Fiscal Headwinds: The Federal Reserve's Balance Sheet after World War I and World War II
Owen Humpage, Federal Reserve Bank of Cleveland, and Ellis Tallman, Federal Reserve Bank of Cleveland [Presentation Adobe PDF file format]
12:30 p.m. Lunch

Chair for afternoon sessions: Michael Bordo, Rutgers University
2:00 The Origination and Distribution of Money Market Instruments: Sterling Bills of Exchange during the First Globalization
Olivier Accominotti, London School of Economics [Presentation Adobe PDF file format]
Coauthors: Stefano Ugolini, University of Toulouse, and Delio Lucena, University of Toulouse
3:00 Break
3:30 How the Bank of England Influenced British Interest Rates in the Classical Gold Standard Era Adobe PDF file format
Christopher Hanes, Binghamton University [Presentation Adobe PDF file format]
4:30 Break
4:45 Gold Standard Counterfactuals
François Velde, Federal Reserve Bank of Chicago [Presentation Adobe PDF file format]
Coauthor: Thomas Sargent, New York University
5:45 Reception
6:30 Dinner and Public Affairs Forum

Honoring Public Debts
Thomas Sargent, New York University
Wednesday, May 17
Location: Emory University

Transportation will be provided from Midtown Atlanta hotels to Emory University

  Chair for morning sessions: Caroline Fohlin, Emory University
9:00 a.m. Women in Housing and Financial Markets, 1720 and 1725
Ann Carlos, University of Colorado [Presentation Adobe PDF file format]
Coauthor: Laura Wreschnig, University of Colorado
10:00 Break
10:15 Economic Crises and the Eligiblity for the Lender of Last Resort: Evidence from 19th Century France Adobe PDF file format
Clemens Jobst, Oesterreichische Nationalbank [Presentation Adobe PDF file format]
Coauthor: Kilian Rieder, University of Oxford
11:15 Break
11:30 Momentum in Imperial Russia Adobe PDF file format
William Goetzmann, Yale University [Presentation Adobe PDF file format]
Coauthor: Simon Huang, Southern Methodist University
12:30 p.m. Lunch

Chair for afternoon sessions: David Wheelock, Federal Reserve Bank of St. Louis
1:45 The Dawes Bonds: Reparations, Selective Default, and International Trade
Kim Oosterlinck, Université libre de Bruxelles [Presentation Adobe PDF file format]
Coauthors: Olivier Accominotti, London School of Economics, and Philipp Kessler, Mannheim University
2:45 Break
3:00 Stock Volatility and the Great Depression Adobe PDF file format
Marc Weidenmier, Claremont McKenna College [Presentation Adobe PDF file format]
Coauthor: Gustavo Cortes, University of Illinois at Urbana-Champaign
4:00 Adjournment
Transportation will be provided to Midtown Atlanta hotels and to the Atlanta airport.