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Related Links
- Macroblog: Learning from Monetary History
- Financial History Workshop, Day Two
- Previous workshops
Organized by Michael Bordo (Rutgers University), Will Roberds (Federal Reserve Bank of Atlanta), and Warren Weber (Federal Reserve Bank of Minneapolis)
Agenda
| Monday, May 23 | ||
| 1:00 p.m. | Introductory remarks Paula Tkac, Senior Vice President and Associate Director of Research |
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| 1:15 |
Session #1: Monetary/Fiscal Interactions Chair: Ellis Tallman, Federal Reserve Bank of Cleveland |
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"Muddling Through or Tunnelling Through? UK Monetary and Fiscal Exceptionalism During the Great Inflation"  Presenters: Michael Bordo, Rutgers University, Oliver Bush, Bank of England, and Ryland Thomas, Bank of England* Presentation  Discussant: Joshua Hausman, Michigan Presentation |
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| "Three World Wars: Fiscal-Monetary Consequences" Presenters: George Hall, Brandeis University, and Thomas J. Sargent, New York University* Presentation Discussant: Christopher Meissner, University of California–Davis Presentation |
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| "The Recovery of 1933" Presenter: Eric Leeper, University of Virginia* Presentation Authors: Margaret Jacobson, Indiana University, and Bruce Preston, University of Melbourne Discussant: Kris Mitchener, Santa Clara University Presentation |
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| 3:15 | Break | |
| 3:45 |
Session #2: Panel on Current Inflation in Historical Perspective Chair: Hugh Rockoff, Rutgers University Panelist: Robert Hetzel, Federal Reserve Bank of Richmond, retired Background paper: "Resuscitating the Monetarist-Keynesian Debate to Predict the Consequences of the Federal Reserve's Pandemic Monetary Policy" Background paper: "How the FOMC Can Start Learning" |
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| Panelist: Jeremy Rudd, Federal Reserve Board of Governors* Background paper: "The Anatomy of Single-Digit Inflation in the 1960s" Background paper: "Why Do We Think That Inflation Expectations Matter for Inflation? (And Should We?)" |
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| Panelist: Mickey Levy, Berenberg Capital Markets Background paper: "The Fed's Monetary Policy Exit Once Again Behind the Curve" Presentation |
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| 5:15 | Reception | |
| 6:00 |
Dinner Keynote: Barry Eichengreen, University of California–Berkeley* "A Thousand Years of Paper Currency, and What Comes Next" Presentation |
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| Tuesday, May 24 | ||
| 8:30 a.m. | Continental breakfast | |
| 9:00 |
Session #3 Chair: Peter Rousseau, Vanderbilt University |
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| "At Your Service! Liquidity Provision and Risk Management in 19th Century France" Presenter: Maylis Avaro, University of Pennsylvania Presentation Discussant: Angela Redish, University of British Columbia Presentation |
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| "The Berlin Stock Exchange in the 'Great Disorder'" Presenter: Caroline Fohlin, Emory University Presentation Coauthor: Stephanie Collet, Deutsche Bundesbank Discussant: Eugene White, Rutgers University |
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| 10:30 | Break | |
| 11:00 |
Session #4: Panel on the Past and Future of Money Chair: Warren Weber, Federal Reserve Bank of Minneapolis, retired* Panelist: Marc Flandreau, University of Pennsylvania* Panelist: Gary Gorton, Yale University* Presentation Panelist: François Velde, Federal Reserve Bank of Chicago Presentation |
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| 12:30 p.m. | Lunch | |
| 1:30 | Session #5 Chair: Angela Vossmeyer, Claremont McKenna College |
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| "Bad News Bankers: Underwriter Reputation and Contagion in Pre-1914 Sovereign Debt Markets" Presenter: Sasha Indarte, University of Pennsylvania Presentation Discussant: Jonathan Rose, Federal Reserve Bank of Chicago Presentation |
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| "The Macroeconomic Impact of the American Civil War" Presenter: Marc Weidenmier, Chapman University Presentation Discussant: Mark Carlson, Federal Reserve Board of Governors Presentation |
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| 3:00 | Break | |
| 3:30 |
Session #6: Panel on the Evolution of Federal Reserve's Mission and Governance Chair: David Wheelock, Federal Reserve Bank of St. Louis Panelist: Sarah Binder, George Washington University* Presentation Panelist: Lev Menand, Columbia University* Presentation Panelist: Ned Prescott, Federal Reserve Bank of Cleveland Presentation Background paper: "Federal Reserve Structure, Economic Ideas, and Monetary and Financial Policy" |
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| 5:00 | Adjournment | |
| *Attending virtually |
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