New York Area Workshop on Monetary Policy - FEDERAL RESERVE BANK of NEW YORK

Museum & Visits Regional Economy Data & Statistics Careers Blog Press Center

About the New York Fed
- About the New York Fed
- What We Do
- Who We Are
  - Bank Leadership
- Communities We Serve
- Governance
- More About Us
- At the New York Fed, our mission is to make the U.S. economy stronger and the financial system more stable for all segments of society. We do this by executing monetary policy, providing financial services, supervising banks and conducting research and providing expertise on issues that impact the nation and communities we serve.
  
  The New York Innovation Center bridges the worlds of finance, technology, and innovation and generates insights into high-value central bank-related opportunities.
  
  Do you have a request for information and records? Learn how to submit it.
  
  Learn about the history of the New York Fed and central banking in the United States through articles, speeches, photos and video.
Markets & Policy Implementation

Economic Research
- Economic Research
- U.S. Economy
  - Consumer Expectations & Behavior
  - Growth & Inflation
  - Labor Market
  - Financial Stability
  - Banking
- REGIONAL ECONOMY
- RESEARCHERS
  - PUBLICATIONS
  - RESEARCH CENTERS
  - CALENDAR

Financial Institution Supervision
- Financial Institution Supervision
- Supervision & Regulation
  - Circulars
  - Regulations
- Reporting Forms & Instructions
  - Reporting Forms
  - Correspondence
- Bank Applications
- Consumer Protection
  - Community Reinvestment Act Exams
  - Frauds and Scams
- As part of our core mission, we supervise and regulate financial institutions in the Second District. Our primary objective is to maintain a safe and competitive U.S. and global banking system.
  
  The Governance & Culture Reform hub is designed to foster discussion about corporate governance and the reform of culture and behavior in the financial services industry.
  
  Need to file a report with the New York Fed? Here are all of the forms, instructions and other information related to regulatory and statistical reporting in one spot.
  
  The New York Fed works to protect consumers as well as provides information and resources on how to avoid and report specific scams.
Financial Services & Infrastructure
- Financial Services & Infrastructure
- Financial Services & Operations
- Financial Market Infrastructure & Reform
- The Federal Reserve Bank of New York works to promote sound and well-functioning financial systems and markets through its provision of industry and payment services, advancement of infrastructure reform in key markets and training and educational support to international institutions.
  
  The New York Innovation Center bridges the worlds of finance, technology, and innovation and generates insights into high-value central bank-related opportunities.
  
  The growing role of nonbank financial institutions, or NBFIs, in U.S. financial markets is a transformational trend with implications for monetary policy and financial stability.
  
  The New York Fed offers the Central Banking Seminar and several specialized courses for central bankers and financial supervisors.
Community Development
& Education

New York Area Workshop on Monetary Policy

November 20, 2009


9:00 a.m.	Continental breakfast

9:20 a.m.	Where should liquidity be injected during a financial crisis? Ricardo Reis, Columbia University Discussant: Antoine Martin, Federal Reserve Bank of New York

10:20 a.m.	Coffee break

10:40 a.m.	Conventional and Unconventional Monetary Policy Vasco Curdia, Federal Reserve Bank of New York Michael Woodford, Columbia University Discussant: Mark Gertler, NYU

11:40 a.m.	Coffee break

12:00 p.m.	Efficient Bailouts in Markets with Adverse Selection Thomas Philippon, New York University Vasiliki Skreta, New York University Discussant: Philip Bond, Wharton, University of Pennsylvania

1:00 p.m.	Lunch

2:30 p.m.	The Art of a Graceful Exit: Interest on Reserves and Segmentation in the Federal Funds Market Morten Bech, Federal Reserve Bank of New York Elizabeth Klee, Federal Reserve Board Discussant: Stanley Zin, NYU Stern School of Business

3:30 p.m.	Coffee break

3:50 p.m.	Bailouts, Time Inconsistency, and Optimal Regulation V.V. Chari, University of Minnesota Pat Kehoe, Princeton University Discussant: Michael Golosov, Yale University

4:50 p.m.	Adjourn

Workshop Location
Federal Reserve Bank of New York
13th Floor, Board Room
33 Liberty Street
New York, New York

Workshop Organizers
Argia Sbordone, Federal Reserve Bank of New York
Gauti Eggertsson, Federal Reserve Bank of New York

Contact
Please address any questions to:

Argia Sbordone, Federal Reserve Bank of New York
argia.sbordone@ny.frb.org

Gauti Eggertsson, Federal Reserve Bank of New York
gauti.eggertsson@ny.frb.org

Agenda for Previous Meeting ››

By continuing to use our site, you agree to our Terms of Use and Privacy Statement. You can learn more about how we use cookies by reviewing our Privacy Statement.