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Please join the Journal of Financial Services Research and American Enterprise Institute at a conference honoring Anna Schwartz. Over the past four decades, Dr. Schwartz has made countless major contributions to economic and financial policy. This conference will feature keynote addresses by Alan Greenspan, Martin Feldstein, and Allan Meltzer. In addition, a group of internationally known policymakers and academics will discuss Dr. Schwartz’s influence on economic and financial history, banking and monetary policy, and international economic and financial policy.

Registration Fee: $100


Friday, April 14, 2000

11:45 a.m.


Noon-1:30 p.m.



Christopher DeMuth, AEI


Alan Greenspan, Board of Governors of the Federal Reserve System


Robert Eisenbeis, Federal Reserve Bank of Atlanta


“History of the Journal of Financial Services Research”


Anna Schwartz’s Influence on Economic and Financial History


Robert Eisenbeis, Federal Research Bank


“Sound Money and Sound Financial Policy”

Michael Bordo, Rutgers University

“Lessons from Financial Crises”

Randall S. Kroszner, University of Chicago
Discussants:Charles W. Calomiris, Columbia University, AEI
Forrest Capie, City University, London
3:45-4:00Coffee Break
4:00-5:45Banking Policy
Chair:Haluk Unal, University of Maryland
Papers:“Is Banking Regulation Necessary?”
George Benston, Emory University
“The Lender of Last Resort Reconsidered”
Geoffrey Wood, City University, London
Discussants:Franklin Edwards, Columbia University
George Kaufman, Loyola University Chicago
Introduction:George Kaufman, Loyola University, Chicago
Speaker:Martin Feldstein, National Bureau of Economic Research and Harvard University
Saturday, April 15, 2000
8:30-10:15 a.m.Monetary Policy
Papers:“Monetary Policy”
Jerry Jordan, Federal Reserve Bank of Cleveland
“Predicting the Market’s Knowledge of Monetary Policy”
William Poole and Robert Rasche, Federal Reserve Bank of St. Louis
Discussant:Charles Goodhart, Bank of England
10:15-10:30Coffee Break
10:30-12:15 p.m.International Economic and Financial Policy
Chair:Anthony Santomero, University of Pennsylvania
Papers:“International Financial Architecture”
Edward Kane, Boston College
“The Rise and Fall of Foreign Exchange Market Intervention as a Policy Tool”
Anna Schwartz, National Bureau of Economic Research
Discussants:Richard J. Herring, University of Pennsylvania
James Lothian, Fordham University
Introduction:Peter J. Wallison, AEI
Speaker:Allan H. Meltzer, Carnegie-Mellon University, AEI

“Anna Schwartz: Policy Wonk”



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