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Martin Feldstein
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31	Overview Martin Feldstein Thank you for inviting me to participate in this year’s Federal Reserve conference. It is a pleasure to be here in Jackson Hole and a challenge to be a member once again of the wrap-up panel a Add to Reading List Source URL: www.kansascityfed.org Language: English - Date: 2010-07-29 09:57:54 Monetary policy Federal Reserve Economic policy Taylor rule Monetary inflation Disinflation Federal Reserve System Deflation Central bank Economics Macroeconomics Inflation
32	General Discussion: Housing, Credit and Consumer Expenditure Chair: Martin Feldstein Mr. Lazear: I understand, John, the mechanism that you are talking about. It is certainly a very interesting one. It is a little surpr Add to Reading List Source URL: www.kansascityfed.org Language: English - Date: 2010-07-29 09:59:56 Volatility Economics Late-2000s financial crisis Macroeconomics Financial economics Subprime crisis background information Subprime mortgage crisis Inflation Real interest rate Finance
33	General Discussion: Housing and the Monetary Transmission Mechanism Chair: Martin Feldstein Mr. Feldstein: Let me say Jim Hamilton has said some challenging things about capital requirements for Federal Reserve-regulate Add to Reading List Source URL: www.kansascityfed.org Language: English - Date: 2010-07-29 09:59:56 Real estate bubble Inflation Economic bubble Monetary policy Federal Reserve System Alan Greenspan Nouriel Roubini Economics Macroeconomics Socioeconomics
34	The Contributors Ben S. Bernanke, Chairman, Board of Governors of the Federal Reserve System Mr. Bernanke took office in February 2006 as chairman and a member of the Board of Governors of the Federal Reserve System. He Add to Reading List Source URL: www.kansascityfed.org Language: English - Date: 2010-07-29 09:59:54 Macroeconomics Education in the United States Frederic Mishkin Christopher J. Mayer Council of Economic Advisers Martin Feldstein Janet Yellen Randall Kroszner Economics Group of Thirty American International Group
35	The Contributors A.B. Atkinson, Warden, Nuffield College, Oxford University Mr. Atkinson is currently serving as warden of Nuffield College, Oxford University. Previously, he was professor of political economy at the Un Add to Reading List Source URL: www.kansascityfed.org Language: English - Date: 2010-07-29 10:10:14 Fellows of the Econometric Society Guggenheim Fellows International development Joseph Stiglitz Martin Feldstein National Bureau of Economic Research Christina Romer Robert Z. Lawrence Council of Economic Advisers Economics Academia Macroeconomics
36	Overview Martin Feldstein Is income inequality really a problem? The title of this Federal Reserve conference, Income Inequality: Issues and Policy Options, and the discussion during the past two Add to Reading List Source URL: www.kansascityfed.org Language: English - Date: 2010-07-29 10:10:16 Income distribution Macroeconomics Labour law Unemployment Economic inequality Poverty in the United States Inflation Minimum wage Welfare Economics Socioeconomics Labor economics
37	Commentary: Is There a Role for Discretionary Fiscal Policy? Martin Feldstein Alan Auerbach has given us a valuable paper loaded with new empirical research on the macroeconomics of fiscal policy. I agree Add to Reading List Source URL: www.kansascityfed.org Language: English - Date: 2010-07-29 09:57:24 Economic theories Fiscal policy Inflation Government budget deficit Keynesian economics Monetary policy IS/LM model Deflation Real interest rate Economics Macroeconomics Public finance
38	Overview Martin Feldstein The traditional economic benefits that result from the international flows of goods and capital are so well known to economists that no one at this conference even felt the need to enumerate the Add to Reading List Source URL: www.kansascityfed.org Language: English - Date: 2010-07-29 09:56:33 Economic indicators Financial crises National accounts Asian financial crisis International Monetary Fund Financial crisis Foreign-exchange reserves External debt Currency crisis Economics International economics Macroeconomics
39	Commentary: Avoiding Currency Crises Martin Feldstein Although the Asian crisis countries are now generally experiencing economic recoveries with rising exports and strong share prices, significant damage remains—high Add to Reading List Source URL: www.kansascityfed.org Language: English - Date: 2010-07-29 10:10:27 Money Macroeconomics Currency Financial crises Fixed exchange-rate system Floating exchange rate Exchange-rate regime Asian financial crisis Currency crisis Economics Foreign exchange market International economics
40	Overview Martin Feldstein The papers and discussions during the past two days of this important meeting have made it very clear that maintaining financial stability is critically important to the proper functioning of an Add to Reading List Source URL: www.kansascityfed.org Language: English - Date: 2010-07-29 10:10:09 Financial institutions Monetary policy Real interest rate Interest rate Savings and loan association Bank Central bank Federal Reserve System Deflation Economics Macroeconomics Inflation

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