Friday, August 28, 2015

Inflation, Inflation, Inflation (Don't Worry, The Central Bankers Have It All Under Control)

Going on right now in Jackson Hole, Wyoming is the annual central bankers' symposium sponsored by the Federal Reserve Bank of Kansas City. For a group that thinks it has price inflation under control, they certainly are spending a lot of time discussing the topic. EconomicPolicyJournal.com has obtained  copy of the symposium agenda (below)

Thursday, August 27, 2015
6 p.m.
Opening Reception and Dinner

   Host: Esther George
  President and Chief Executive Officer
  Federal Reserve Bank of Kansas City

 
Friday, August 28, 2015
Chair: James Poterba
  Professor
  Massachusetts Institute of Technology
  President
  National Bureau of Economic Research
 
8 a.m.
Inflation Dynamics Through Firms’ Pricing Behavior

 
Authors: Simon Gilchrist
  Professor
  Boston University
 
  Egon Zakrajsek
  Associate Director, Monetary Affairs
  Board of Governors of the Federal Reserve System
 
Discussant: Pete Klenow
  Professor
  Stanford University
 
8:35 a.m.
General Discussion

 
9 a.m.
International Aspects of Inflation Dynamics

 
Author: Gita Gopinath
  Professor
  Harvard University
 
9:45 a.m.

 
Discussant: Charles Engel
Professor
  University of Wisconsin
 
10 a.m.
General Discussion

 
10:25 a.m.
Central Bank Perspectives on Inflation Dynamics

 
Panelists: Thomas J. Jordan
  Chairman of the Governing Board
  Swiss National Bank
 
  Athanasios Orphanides
  Professor
  Massachusetts Institute of Technology
 
  Rodrigo Vergara
  Governor
  Central Bank of Chile
 
11:25 a.m.
General Discussion

 
12:40 p.m.
Luncheon Address

 
Speaker: David Daokui Li
  Professor
  Tsinghua University
 
2 p.m.
Adjournment
 
 
Saturday, August 29, 2015
Chair: Erica L. Groshen
  Commissioner
  U.S. Bureau of Labor Statistics
 
8 a.m.
Reinflation Challenges and the Inflation: Targeting Paradigm

 
Authors: Jon FaustProfessor
      Johns Hopkins University
 
  Eric M. Leeper
  Professor
  Indiana University
 
Discussant: Takatoshi Ito
  Professor
  Columbia University
 
8:35 a.m.
General Discussion

 
9 a.m.
Inflation Dynamics During and After The Zero Lower Bound

 
Authors: S. Borağan Aruoba
  Associate Professor
  University of Maryland
 
  Frank Schorfheide
  Professor
  University of Pennsylvania
 
9:45 a.m.

 
Discussant: Lucrezia Reichlin
  Professor
  London Business School
 
10 a.m.
General Discussion

 
10:25 a.m.
Overview Panel: Global Inflation Dynamics

 
Panelists: Mark Carney
  Governor
  Bank of England
 
  Víctor Constâncio
  Vice President
  European Central Bank
 
  Stanley Fischer
  Vice Chairman
  Board of Governors of the Federal Reserve System
 
  Raghuram Rajan
  Governor
  Reserve Bank of India
 
11:45 a.m.
General Discussion

 
2 p.m.
Adjournment
 

3 comments:

  1. "Reinflation Challenges"

    I love it!

    ReplyDelete
  2. We are indeed fortunate to find the financial fates of our entire lives hinging in the balance on the choices of these super-human, all-knowing entities who fully grasp every infinite aspect of our entire economy and thus can wisely centrally plan for us.

    ReplyDelete
  3. As Krugman demonstrated, there is no inflation. What are those guys so worried about?

    ReplyDelete