New York City, New York (PRWEB) April 10, 2012
What: The Russell Sage Foundation and The Century Foundation present a conference on the lessons from the financial crisis
Where: The Princeton Club of New York, 15 West 43rd Street, New York, NY
When: April 13, 2012, 10:00 a.m. to 4:30 p.m.
Keynote Luncheon Speaker: Ben S. Bernanke (WEBSTREAM Available 12:30 p.m. – 2:00 p.m.)
Moderators: Alan Blinder, Andrew Lo, and Robert Solow
Contact: Christy Hicks (TCF) at hicks (at) tcf (dot) org or (212) 452-7723 or
David Haproff (Russell Sage) at david (at) rsage (dot) org or (212) 750-6037
Space is limited. Please contact us if you are planning to cover this event. Advance notice is required if you are planning to set up a camera.
- Download the full papers
- Conference paper abstracts now available for download here.
- Download the agenda
- A live webstream of Bernanke’s speech will be available here.
Some economic events are so major and unsettling that they “change everything.” Such is the case with the financial crisis that started in the summer of 2007 and is, in several respects, still ongoing. Yet enough time has now elapsed for economists to dig deeper than the usual focus on the immediate causes and consequences of the crisis. How have these stunning events changed our thinking about the role of the financial system in the economy, about financial innovation, about the efficiency of financial markets, and about how the government should regulate finance? To address these issues, the Russell Sage Foundation and The Century Foundation have convened some of the nation’s most renowned economists for a conference on what we have learned from the financial crisis. Four panels of experts will share their assessments of discrete aspects of the crisis, point to changes that should be made in the financial industry, in government regulation, and in the thinking of economists. Federal Reserve Chairman Ben S. Bernanke will offer his thoughts on lessons learned from the crisis in a lunchtime speech.
Session One, 10:00 am: Rethinking Market Efficiency -- Moderator: Robert Solow
Discussants: Burton G. Malkiel, Princeton University, Hersh Shefrin, Santa Clara University, Meir Statman, Santa Clara University, Paul Willen, Federal Reserve Board of Boston
Session Two, 11:15 am: Rethinking Financial Innovation -- Moderator: Alan Blinder
Discussants: John Hull, University of Toronto, Robert A. Jarrow, Cornell University, Thomas Philippon, New York University, Alan White, University of Toronto
Lunch, 12:30 pm: Keynote Speaker Ben Bernanke, Chairman of the Board of Governors, Federal Reserve System
Session Three, 2:15 pm: Rethinking Financial Regulation --Moderator: Andrew Lo
Discussants: Patrick Bolton, Columbia University, Robert Litan, Brookings Institute, Kevin J. Murphy, University of Southern California, Tano Santos, Columbia University, Jose Scheinkman, Princeton University
Session Four, 3:30 pm: Rethinking Macroeconomics and Finance -- Moderator: Alan Blinder
Discussants: J. Bradford DeLong, University of California, Berkeley, Simon Gilchrist, Boston University