Preface Michael D. Bordo, John H. Cochrane, and John B. Taylor Welcoming Remarks Condoleezza Rice 1. Introduction: Getting Global Monetary Policy on Track John B. Taylor Europe Introductory Remarks: Michael D. Bordo 2. After Four Crises, the Euro Needs Clearer Boundaries between Fiscal and Monetary Policy John H.
Cochrane and Luis Garicano 3. The Digital Euro Markus K. Brunnermeier 4. Monetary Policy in Europe: Out of the Woods? Yuriy Gorodnichenko 5. Monetary Policy in a Sustainable Union Luigi Bocola General Discussion Global and Emerging Markets Introductory Remarks: Peter Blair Henry 6. Dollarization as an Effective Commitment Device with Time-Inconsistency Disease and Institutional Anomie: The Case of Argentina Emilio Ocampo 7. Getting Global Monetary Policy on Track: The Case of Latin America Tobías Martínez Gonzáles and Juan Pablo Nicolini 8. China's Monetary Policy: Where Are We Now? Zhiguo He and Wei Wei 9.
Central Bank Independence in Emerging Economies: Recent Successes and Future Challenges Ross Levine General Discussion Financial Regulation and Monetary Policy Introductory Remarks: Stephen Haber 10. Too Many Rules and Too Much Discretion? Simplifying Financial Regulation Amit Seru 11. Liquidity Rules Have Increased the Minimum Size of the Fed's Balance Sheet Darrell Duffie 12. Can Fed Supervision Be "Independent" under US Law? Christina Parajon Skinner 13. Financial Stability and Monetary Policy: Lessons from the UK's LDI Crisis Carolyn A. Wilkins General Discussion Lane Drifting Introductory Remarks: John B. Taylor 14. Lane Drifting: Remarks at the Hoover Monetary Policy Conference Hester M.
Peirce Employment Dynamics, Labor Markets, the Phillips Curve, and Inflation Introductory Remarks: Valerie Ramey 15. Extraordinary Labor Market Developments and the 2022?23 Disinflation Steven J. Davis 16. Employment and Inflation Dynamics in the Monetary Policy Armamentarium Marianna Kudlyak General Discussion The Next Strategy Reviews Introductory Remarks: John H. Cochrane 17. Enhancing Resilience with Monetary Policy Rules Athanasios Orphanides 18. The Fed's Strategic Approach to Monetary Policy Needs a Reboot Mickey D. Levy and Charles I.
Plosser 19. Thoughts on the Federal Reserve's Policy and Framework Jón Steinsson 20. Reflections on Central Bank Communication Christopher Ong, Andrew Sacher, and Lawrence H. Summers General Discussion Policy Panel Introductory Remarks: John B. Taylor 21. Monetary Policy in Small Open Economies Amir Yaron 22. Central Bank Communications Beyond "How Many?" Austan D. Goolsbee 23.
Connecting Theory and Practice John C. Williams General Discussion Milton Friedman and the Second Wave of the Great Inflation Introductory Remarks: John B. Taylor 24. Milton Friedman and the Second Wave of the Great Inflation, 1976-1980 Edward Nelson General Discussion About the Contributors About the Hoover Institution's Economic Policy Working Group Index.