|
| Thursday, April 21 |
| 8:30–9:15 a.m. |
BREAKFAST AND REGISTRATION |
| 9:15–10:00 a.m. |
WELCOME AND INTRODUCTION |
Dimitri
B. Papadimitriou, The Levy Economics Institute
"How Fragile is the U.S. Economy" |
| 10:00–10:45 a.m. |
SPEAKER: |
Sandra Pianalto,
Federal Reserve Bank of Cleveland
"The Power of Price Stability" |
| 11:00 a.m.–12:45 p.m. |
SESSION 1: THE STATE OF THE U.S. AND WORLD ECONOMIES
|
| Moderator: Dimitri
B. Papadimitriou, The Levy Economics Institute
Steven B. Kamin, Federal Reserve System
"Financial Market Developments and Economic Acitvity During Current Account Adjustments in Industrial Economies"
James W. Paulsen, Wells Capital Management
"Economic & Financial Market Outlook"
*Frank Veneroso, RCM
"China's Inevitable Investment Bust: Ignore It at Your Peril"
|
| 12:45–2:00 p.m. |
LUNCH |
| 2:00–3:45 p.m. |
SESSION 2: MONETARY POLICY IN THE U.S. ECONOMY |
| Moderator: Greg Hannsgen, The Levy Economics Institute
Bruce C. Kasman, JPMorgan Chase
"The End of Easy Money"
Albert Wojnilower, Craig Drill Capital Corp.
"Why Monetary Policy?"
L. Randall Wray, The Levy Economics Institute and University of Missouri-Kansas City
"The New Monetary Consensus and Neutral Rate Targets: What Would Minsky Think?"
|
| 4:00–5:30 p.m. |
SESSION 3: FINANCIAL INSTABILITY IN A GLOBAL ECONOMY |
Moderator: W. Ray Towle, The Levy Economics Institute
Robert Z. Lawrence, Harvard University
"What Happened to the Great American Job Machine: The Role of Trade and Outsourcing"
Edwin (Ted) Truman, Institute for International Economics
"The United States and the World Economy"
|
| 5:30–6:30 p.m. |
RECEPTION |
| 6:30 p.m. |
DINNER |
| Friday, April 22 |
| 9:00 a.m. |
BREAKFAST |
| 9:30–11:00 a.m. |
SESSION 4:
THE MACROECONOMIC PROSPECTS FOR THE U.S. ECONOMY
|
| Moderator: Ajit Zacharias, The Levy Economics Institute
Lakshman Achuthan, Economic Cycle Research Institute
"The Importance of Being a 'Monitorist'"
James K. Galbraith, University of Texas at Austin
"Breaking Out of the Deficit Trap"
Richard W. Peach, Oxford University
"Is There A Housing Bubble?"
*Brad Setser, Federal Reserve Bank of New York
|
| 11:00 a.m.–12:15 p.m |
SPEAKER: |
Paul Davidson, New School University
"Is A Declining Dollar Good for the U.S. Economy or the Global Economy? (The Exchange Rate and the Twin Deficits)"
|
| 12:15–3:00 p.m. |
LUNCH |
| Speaker: Donald L. Kohn, Federal Reserve System
|
| 2:00–3:00 p.m. |
CLOSING REMARKS AND RECEPTION |
|
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