The Participants DAVID E. ALTIG BRENT BUNDICK Executive Vice President Economist and Director of Research Federal Reserve Bank of Kansas City Federal Reserve Bank of Atlanta MARCO BUTI KARTIK B. ATHREYA Director-General for Economic Executive Vice President and Financial Affairs and Director of Research European Commission Federal Reserve Bank of Richmond JAIME CARUANA BEN BERNANKE General Manager Distinguished Fellow Bank for International Settlements Brookings Institution NORMAN CHAN RICHARD BERNER Chief Executive Director Hong Kong Monetary Authority Office of Financial Research SUSAN M. COLLINS LAEL BRAINARD Dean and Professor, Governor Gerald R. Ford School of Public Policy Board of Governors of the University of Michigan Federal Reserve System CARLOS COSTA JAMES BULLARD Governor President and Chief Executive Officer Bank of Portugal Federal Reserve Bank of St. Louis 543 544 The Participants TROY DAVIG KARNIT FLUG Senior Vice President Governor and Director of Research Bank of Israel Federal Reserve Bank of Kansas City JACOB A. FRENKEL JOSÉ DE GREGORIO Chairman of the Board of Trustees Professor Group of Thirty University of Chile JASON FURMAN SANDRO DEMARCO Chair Deputy Governor Financial Stability Council of Economic Advisers Central Bank of Malta ESTHER L. GEORGE WILLIAM DUDLEY President and Chief Executive Officer President and Chief Executive Officer Federal Reserve Bank of Kansas City Federal Reserve Bank of New York ILAN GOLDFAJN LISA EMSBO-MATTINGLY Governor President Central Bank of Brazil National Association for Business Economics MÁR GUDMUNDSSON Governor CHARLES EVANS Central Bank of Iceland President and Chief Executive Officer Federal Reserve Bank of Chicago PENTTI HAKKARAINEN Deputy Governor RON FELDMAN Bank of Finland Executive Vice President and Senior Policy Advisor KEITH HALL Federal Reserve Bank of Minneapolis Director Congressional Budget Office MARTIN FELDSTEIN Professor MOJMÍR HAMPL Harvard University Vice Governor Czech National Bank STANLEY FISCHER Vice Chairman Board of Governors of the Federal Reserve System The Participants 545 PABLO HERNÁNDEZ DE COS NEEL KASHKARI General Director of Economics, President and Chief Executive Officer Statistics and Research Federal Reserve Bank of Minneapolis Bank of Spain LESETJA KGANYAGO THOMAS M. HOENIG Governor Vice Chairman South African Reserve Bank Federal Deposit Insurance Corporation MILES KIMBALL R. GLENN HUBBARD Professor Dean University of Michigan Columbia Business School EVAN F. KOENIG ELLEN HUGHES-CROMWICK Senior Vice President and Chief Economist Principal Policy Advisor U.S. Department of Commerce Federal Reserve Bank of Dallas STEFAN INGVES DONALD KOHN Governor Senior Fellow Swedish National Bank Brookings Institution BYUNG WHA JANG SIGNE KROGSTRUP Senior Deputy Governor Advisor Bank of Korea International Monetary Fund ÜLO KAASIK ALAN B. KRUEGER Deputy Governor Professor Bank of Estonia Princeton University STEVEN KAMIN JEFFREY M. LACKER Director, International Finance President and Chief Executive Officer Division Federal Reserve Bank of Richmond Board of Governors of the Federal Reserve System PHILIP LANE Governor ROBERT KAPLAN Central Bank of Ireland President and Chief Executive Officer Federal Reserve Bank of Dallas 546 The Participants THOMAS LAUBACH ANTOINE MARTIN Director, Monetary Affairs Senior Vice President and Board of Governors of the Function Head, Money and Federal Reserve System Payments Studies Function Federal Reserve Bank of New York ANNE LE LORIER First Deputy Governor EGIL MATSEN Bank of France Deputy Governor Central Bank of Norway JOAQUIM LEVY Managing Director and World Bank ALLAN MELTZER Group Chief Financial Officer Professor The World Bank Carnegie Mellon University NELLIE LIANG YVES MERSCH Director, Office of Financial Member of the Executive Board Stability Policy and Research European Central Bank Board of Governors of the Federal Reserve System LORETTA MESTER President and Chief Executive Officer HUA LIU Federal Reserve Bank of Cleveland Deputy Representative U.S. Office of the People’s Bank PETER MOOSLECHNER of China Member of the Governing Board Central Bank of the DENNIS P. LOCKHART Republic of Austria President and Chief Executive Officer Federal Reserve Bank of Atlanta ALBERTO MUSALEM Executive Vice President, LORIE LOGAN Integrated Policy Analysis Group Senior Vice President, Markets Group Federal Reserve Bank of New York Federal Reserve Bank of New York ELVIRA S. NABIULLINA STEVE MAESTAS Governor Chief Executive Officer, Central Bank of the Russian Federation Maestas Development Group Board Chair, Federal Reserve Bank of GUILLERMO ORTIZ Kansas City Former Governor Bank of Mexico The Participants 547 DANIEL PALOTAI LARS ROHDE Chief Economist Governor Central Bank of Hungary National Bank of Denmark STEPHEN S. POLOZ ERIC S. ROSENGREN Governor President and Chief Executive Officer Bank of Canada Federal Reserve Bank of Boston ADAM POSEN GLENN RUDEBUSCH President Executive Vice President and Peterson Institute for Director of Research International Economics Federal Reserve Bank of San Francisco JEROME POWELL TETSUYA SAKAMOTO Governor General Manager for the Americas Board of Governors of the Bank of Japan Federal Reserve System NATHAN SHEETS DIANE RALEY Under Secretary for Senior Vice President and International Affairs Chief of Staff U.S. Department of the Treasury Federal Reserve Bank of Kansas City JAE HYUK SHIN TREVOR REEVE Senior Manager Special Advisor to the Chair Bank of Korea Board of the Governors of the Federal Reserve System LUIGI FEDERICO SIGNORINI Deputy Governor GASTON REINESH Bank of Italy Governor Central Bank of Luxembourg JAN SIJBRAND Executive Director and Chairman for CARMEN REINHART Prudential Supervision Professor Dutch National Bank Harvard University A. LEE SMITH KENNETH ROGOFF Economist Professor Federal Reserve Bank of Kansas City Harvard University 548 The Participants MICHELLE SMITH JOHN TAYLOR Assistant to the Board Professor and Division Director Stanford University Board of Governors of the Federal Reserve System JÁN TÓTH Deputy Governor XIANGYAN SONG National Bank of Slovakia Chief Representative Peoples Bank of China JOSEPH TRACY Interim Director of Research GRANT SPENCER Federal Reserve Bank of New York Deputy Governor Reserve Bank of New Zealand JOSÉ DARÍO URIBE ESCOBAR Governor WILLIAM SPRIGGS Central Bank of Colombia Chief Economist AFL-CIO STIJN VAN NIEUWERBURGH Professor PETER STELLA New York University Director Stellar Consulting LLC JULIO VELARDE Governor FEDERICO STURZENEGGER Central Reserve Bank of Peru Governor Central Bank of Argentina RODRIGO VERGARA Governor DANIEL G. SULLIVAN Central Bank of Chile Executive Vice President and Director of Research CHRISTOPHER J. WALLER Federal Reserve Bank of Chicago Executive Vice President and Director of Research LARS E.O. SVENSSON Federal Reserve Bank of St. Louis Professor Stockholm School of Economics KEVIN WARSH Professor ELLIS W. TALLMAN Stanford University Senior Vice President and Director of Research Federal Reserve Bank of Cleveland The Participants 549 WILLIAM WASCHER STEVE LIESMAN Deputy Director, Research and Senior Economics Reporter Statistics CNBC Board of Governors of the Federal Reserve System STEVE MATTHEWS Reporter JOHN WILLIAMS Bloomberg News President and Chief Executive Officer Federal Reserve Bank of San Francisco YLAN MUI Reporter KSENIA YUDAEVA The Washington Post First Deputy Governor Bank of Russia HOWARD SCHNEIDER Journalist FRITZ ZURBRÜGG Reuters News Vice Chairman of the Governing Board HARRIET TORRY Swiss National Bank Reporter Dow Jones Newswire Media BINYAMIN APPELBAUM Correspondent The New York Times PETER BARNES Senior Washington Correspondent Fox Business Network SAM FLEMING U.S. Economics Editor Financial Times KATHLEEN HAYS Host, Economics Correspondent Bloomberg Radio and Television JON HILSENRATH Chief Economics Correspondent The Wall Street Journal .