Monetary and Financial History Workshop - May 23–24, 2022
Location: Federal Reserve Bank of Atlanta
Organized by Michael Bordo (Rutgers University), Will Roberds (Federal Reserve Bank of Atlanta), and Warren Weber (Federal Reserve Bank of Minneapolis)
|Monday, May 23|
|1:00 p.m.||Introductory remarks
Paula Tkac, Senior Vice President and Associate Director of Research
Session #1: Monetary/Fiscal Interactions
Chair: Ellis Tallman, Federal Reserve Bank of Cleveland
"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*
Discussant: Joshua Hausman, Michigan
"Three World Wars: Fiscal-Monetary Consequences"
Presenters: George Hall, Brandeis University, and Thomas J. Sargent, New York University*
Discussant: Christopher Meissner, University of California–Davis
"The Recovery of 1933"
Presenter: Eric Leeper, University of Virginia*
Authors: Margaret Jacobson, Indiana University, and Bruce Preston, University of Melbourne
Discussant: Kris Mitchener, Santa Clara University
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"
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?)"
Panelist: Mickey Levy, Berenberg Capital Markets
Background paper: "The Fed's Monetary Policy Exit Once Again Behind the Curve"
Keynote: Barry Eichengreen, University of California–Berkeley*
"A Thousand Years of Paper Currency, and What Comes Next"
|Tuesday, May 24|
|8:30 a.m.||Continental breakfast|
Chair: Peter Rousseau, Vanderbilt University
"At Your Service! Liquidity Provision and Risk Management in 19th Century France"
Presenter: Maylis Avaro, University of Pennsylvania
Discussant: Angela Redish, University of British Columbia
"The Berlin Stock Exchange in the 'Great Disorder'"
Presenter: Caroline Fohlin, Emory University
Coauthor: Stephanie Collet, Deutsche Bundesbank
Discussant: Eugene White, Rutgers University
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*
Panelist: François Velde, Federal Reserve Bank of Chicago
Chair: Angela Vossmeyer, Claremont McKenna College
"Bad News Bankers: Underwriter Reputation and Contagion in Pre-1914 Sovereign Debt Markets"
Presenter: Sasha Indarte, University of Pennsylvania
Discussant: Jonathan Rose, Federal Reserve Bank of Chicago
"The Macroeconomic Impact of the American Civil War"
Presenter: Marc Weidenmier, Chapman University
Discussant: Mark Carlson, Federal Reserve Board of Governors
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*
Panelist: Lev Menand, Columbia University*
Panelist: Ned Prescott, Federal Reserve Bank of Cleveland
Background paper: "Federal Reserve Structure, Economic Ideas, and Monetary and Financial Policy"