Wednesday, May 4, 2016

10:15 am – 10:20 am


  • Patricia Mosser, Columbia SIPA
10:20 am – 10:30 am

Opening Remarks

  • Simon Potter, Federal Reserve Bank of New York
10:30 am – 12:00 pm

Lessons from the Crisis and Post-Crisis Experience

  • Chair: James Clouse, Federal Reserve Board
  • Opening presentation: Marvin Goodfriend, Carnegie Mellon
  • Benjamin Friedman, Harvard University (Discussant)
  • Brian Sack, D.E Shaw and Co. (Discussant)
1:00 pm – 2:30 pm

What is the future of balance sheet policies? How does the crisis experience inform the structure of central bank balance sheets in "normal" times?

  • Chair: Lorie Logan, Federal Reserve Bank of New York 
  • Opening presentation: Paul Tucker, Harvard Kennedy School
  • Masaaki Shirakawa, Aoyama Gakuin University (Discussant)
  • Peter Stella, Stellar Consulting LLC (Discussant)
3:00 pm – 4:30 pm

How Should Central Banks Steer Money Market Interest Rates?

  • Chair: Jamie McAndrews, Federal Reserve Bank of New York
  • Opening presentation: Francesco Papadia, Hellenic Financial Stability Fund
  • Lou Crandall, Wrightson ICAP (Discussant)
  • Todd Keister, Rutgers University (Discussant)
4:30 pm – 5:00 pm

Wrap-up Observations

  • Donald Kohn, Brookings Institution



Columbia University, School of International and Public Affairs
IESE Business School