The Participants A list of The Contributors to “Challenges for Monetary Policy” begins on page ix at the front of the proceedings. NAIF ALGHAITH ALAN BLINDER Director of Monetary Policy and Professor Financial Stability Princeton University Saudi Arabian Monetary Authority LAURENCE BOONE OSCAR ARCE Chief Economist Director General of Economics Organisation for Economic and Statistics Co-operation and Development Bank of Spain RAPHAEL BOSTIC KARTIK ATHREYA President and Chief Executive Officer Executive Vice President and Federal Reserve Bank of Atlanta Director of Research Federal Reserve Bank of Richmond MICHELLE BOWMAN Governor THOMAS BARKIN Board of Governors of the President and Chief Executive Officer Federal Reserve System Federal Reserve Bank of Richmond LAEL BRAINARD DAVID BECKWORTH Governor Senior Research Fellow Board of Governors of the Mercatus Center Federal Reserve System 599 600 The Participants JAMES BULLARD SHARON DONNERY President and Chief Executive Officer Acting Governor Federal Reserve Bank of St. Louis Central Bank of Ireland MARCO BUTI ROCHELLE EDGE Director General Deputy Director, Division European Commission of Monetary Affairs Board of Governors of the AGUSTÍN CARSTENS Federal Reserve System General Manager Bank for International Settlements GAUTI EGGERTSSON Professor NORMAN CHAN Brown University Chief Executive Hong Kong Monetary Authority BARRY EICHENGREEN Professor RICHARD CLARIDA University of California-Berkeley Vice Chairman Board of Governors of the CHARLES EVANS Federal Reserve System President and Chief Executive Officer Federal Reserve Bank of Chicago BENOÎT COEURÉ Member of the Executive Board JIM FARRELL European Central Bank Deputy Chair Federal Reserve Bank of Kansas City LISA COOK President and Chief Executive Officer Associate Professor Farmers National Company Michigan State University ROGER FERGUSON CARLOS COSTA President and Chief Executive Officer Governor TIAA Banco de Portugal STANLEY FISCHER JOSÉ DE GREGORIO Former Vice Chair Professor Board of Governors of the Universidad de Chile Federal Reserve System ALEJANDRO DÍAS DE LEÓN Governor Bank of Mexico The Participants 601 DANIEL FRANCO GOTTFRIED HABER Deputy Governor Vice Governor Bank of Italy Central Bank of Austria JACOB FRENKEL KINDA HACHEM Chairman of the Board of Trustees Associate Professor Group of 30 University of Virginia JASON FURMAN PATRICK HARKER Professor President and Chief Executive Officer Harvard University Federal Reserve Bank of Philadelphia PABLO GARCIA PETER BLAIR HENRY Board Member Dean Emeritus Central Bank of Chile New York University OLIVIER GARNIER GERARDO HERNÁNDEZ Director General Statistics, Member of the Board Economics and International Central Bank of Colombia Banque de France BEVERLY HIRTLE ESTHER L. GEORGE Executive Vice President and President and Chief Executive Officer Director of Research Federal Reserve Bank of Kansas City Federal Reserve Bank of New York MARC GIANNONI THOMAS HOENIG Senior Vice President and Former President and Director of Research Chief Executive Officer Federal Reserve Bank of Dallas Federal Reserve Bank of Kansas City Distinguished Senior Fellow, YURIY GORODNICHENKO Mercatus Center Professor University of California-Berkeley SHAN HUANG Deputy Representative PIERRE-OLIVIER GOURINCHAS U.S. Office of The People’s Professor Bank of China University of California-Berkeley 602 The Participants CONSTANCE HUNTER JOHN LEAHY President Professor NABE University of Michigan STEFAN INGVES SYLVAIN LEDUC Governor Executive Vice President and Sveriges Riksbank Director of Research Federal Reserve Bank of San Francisco STEVEN KAMIN Director, International Finance ANDREAS LEHNERT Division Director, Division of Financial Board of Governors of the Stability Federal Reserve System Board of Governors of the Federal Reserve System ROBERT KAPLAN President and Chief Executive Officer JOHN LIPSKY Federal Reserve Bank of Dallas Peterson Distinguished Scholar Johns Hopkins University NEEL KASHKARI President and Chief Executive Officer LORIE LOGAN Federal Reserve Bank of Minneapolis Senior Vice President and Head of Market Operations LESETJA KGANYAGO Monitoring and Analysis Governor Federal Reserve Bank of New York South African Reserve Bank DEBORAH LUCAS KLAAS KNOT Professor President Massachusetts Institute of Technology De Nederlandsche Bank N.V. LORETTA MESTER PHILIP LANE President and Chief Executive Officer Member of the Executive Board Federal Reserve Bank of Cleveland European Central Bank JOSÉ MUSTRE-DEL-RÍO SABINE LAUTENSCHLÄGER Senior Economist Member of the Executive Board Federal Reserve Bank of Kansas City European Central Bank The Participants 603 KOJI NAKAMURA STEPHEN S. POLOZ General Manager for the Americas Governor U.S. Office of Bank of Japan Bank of Canada MAURICE OBSTFELD ADAM POSEN Professor President University of California-Berkeley Peterson Institute for International Economics ĽUDOVÍT ÓDOR Deputy Governor ESWAR PRASAD National Bank of Slovakia Professor Cornell University ØYSTEIN OLSEN Governor RANDAL QUARLES Norges Bank Vice Chairman for Supervision Board of Governors of the ADRIAN ORR Federal Reserve System Governor Reserve Bank of New Zealand DIANE RALEY Senior Vice President and CHANHO PARK Chief of Staff Chief Representative Federal Reserve Bank of Kansas City U.S. Office of Bank of Korea, Washington Office OLLI REHN Governor MIHÁLY PATAI Bank of Finland Deputy Governor The Central Bank of Hungary CARMEN REINHART Professor ANNA PAULSON Harvard University Executive Vice President and Director of Research ILMĀRS RIMŠĒVIČS Federal Reserve Bank of Chicago Governor Bank of Latvia MONIKA PIAZZESI Professor LARS ROHDE Stanford University Governor Danmarks Nationalbank 604 The Participants ERIC ROSENGREN MICHELLE SMITH President and Chief Executive Officer Chief of Staff and Assistant Federal Reserve Bank of Boston to the Board Board of Governors of the JIŘÍ RUSNOK Federal Reserve System Governor Czech National Bank DMYTRO SOLOHUB Deputy Governor MARTIN SANTA National Bank of Ukraine Policy and Strategy Advisor National Bank of Slovakia AMIR SUFI Professor MARTIN SCHNEIDER University of Chicago Professor Stanford University PHILLIP SWAGEL Director GEORGE SELGIN Congressional Budget Office Senior Fellow and Director, Center for Monetary and Financial DIANE SWONK Alternatives Chief Economist Cato Institute Grant Thornton JAY SHAMBAUGH CHAD SYVERSON Professor Professor George Washington University University of Chicago HYUN SONG SHIN ELLIS TALLMAN Economic Adviser and Head Executive Vice President and of Research Director of Research Bank for International Settlements Federal Reserve Bank of Cleveland RANNVEIG SIGURDARDÓTTIR JOHN TAYLOR Deputy Governor Professor Central Bank of Iceland Stanford University A. LEE SMITH STACEY TEVLIN Research and Policy Advisor Director, Division of Research Federal Reserve Bank of Kansas City and Statistics Board of Governors of the Federal Reserve System The Participants 605 JOSÉ DARÍO URIBE JONATHAN WRIGHT Executive President Professor Latin American Reserve Fund Johns Hopkins University JULIO VELARDE JING CYNTHIA WU Governor Associate Professor Central Reserve Bank of Peru University of Notre Dame CARLOS VIANA DE CARVALHO PIERRE WUNSCH Deputy Governor for Economic Policy Governor Central Bank of Brazil National Bank of Belgium ANNETTE VISSING-JØRGENSEN JANET YELLEN Professor Distinguished Fellow University of California-Berkeley Brookings Institution MASAZUMI WAKATABE KENTARO YOSHIMURA Deputy Governor Secretary to the Deputy Governor Bank of Japan Bank of Japan CHRISTOPHER WALLER FRITZ ZURBRUEGG Executive Vice President and Vice Chairman of the Director of Research Governing Board Federal Reserve Bank of St. Louis Swiss National Bank CARL WALSH Distinguished Professor of Economics Media University of California-Santa Cruz BRENDAN GREELEY JOHN WILLIAMS U.S. Economics Editor President and Chief Executive Officer Financial Times Federal Reserve Bank of New York SOUMAYA KEYNES JONATHAN L. WILLIS U.S. Economics Editor Vice President and Senior Research The Economist and Policy Advisor Federal Reserve Bank of Kansas City EDWARD LAWRENCE Correspondent Fox Business Network 606 The Participants STEVE LIESMAN HOWARD SCHNEIDER Senior Economics Reporter Journalist CNBC Reuters News HEATHER LONG JEANNA SMIALEK Economics Correspondent Reporter The Washington Post The New York Times MICHAEL MCKEE NICK TIMIRAOS International Economics Editor Chief Economics Correspondent Bloomberg Television and Radio The Wall Street Journal RICH MILLER Reporter Bloomberg News.