Reflections on Monetary Policy Conference

25 Years After October 1979
October 7-8, 2004

The proceedings of this conference have been published in the March/April 2005 Part 2 issue of the Federal Reserve Bank of St. Louis' Review.

Program Information

Thursday, October 7, 2004

Welcome
William Poole, President
Federal Reserve Bank of St. Louis

Opening Remarks Welcome
Alan Greenspan, Chairman
Board of Governors of the Federal Reserve System

"Origins of the Great Inflation"
Allan H. Meltzer, Carnegie Mellon University

Discussant: Christina Romer, University of California, Berkeley

"The Reform of October 1979: How It Happened and Why"
David Lindsey, Board of Governors of the Federal Reserve System
Athanasios Orphanides, Board of Governors of the Federal Reserve System
Robert H. Rasche, Federal Reserve Bank of St. Louis

Discussant: Stephen Axilrod, Global Macroeconomics Consultant

"The Monetary Policy Debate since October 1979: Lessons for Theory and Practice"
Marvin Goodfriend, Federal Reserve Bank of Richmond

Discussant: Laurence M. Ball, The Johns Hopkins University

"The International Implications of October 1979: Towards a Long Boom on a Global Scale"
Speaker: John B. Taylor, United States Department of the Treasury

Friday, October 8, 2004

Panel Discussion: "What Have We Learned Since October 1979?"
Remarks by Ben S. Bernanke, Board of Governors of the Federal Reserve System
Remarks by Alan Blinder, Princeton University
Bennett T. McCallum, Carnegie Mellon University

Panel Discussion: "Safeguarding Good Policy Practice"
Roger W. Ferguson, Jr., Board of Governors of the Federal Reserve System
Comments by Charles A.E. Goodhart, Bank of England
Remarks by William Poole, Federal Reserve Bank of St. Louis


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