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| The Federal Reserve in the 21st Century |
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The 2012 Federal Reserve in the 21st Century symposium offered college professors a chance to hear presentations from Federal Reserve Bank of New York economists and senior staff. |
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The Federal Reserve in the 21st Century (Fed 21) symposium on monetary policy and financial stability recently brought together over 225 college professors from around the region and the world. The annual two day event gave professors who teach economics, finance or business the opportunity to hear presentations from top Federal Reserve Bank of New York economists and senior staff and to ask them questions. Fed 21 is part of the Bank’s broader efforts to increase public understanding of the Federal Reserve System’s role in conducting monetary policy and ensuring financial stability.
The first day, Monday, March 19, was devoted to issues in U.S. monetary policy. The second day, Tuesday, March 20, focused on financial stability policy. The second day also featured a webcast of Chairman Bernanke speaking live to a class at George Washington University on the Federal Reserve and the Financial Crisis.
The presentations include mostly unedited videos of the lecture and slides from each presenter. Lectures that are accompanied by a question-and-answer session at the end of a presentation are indicated with an asterisk (*). In order to best capture the presentation experience, you can download the PDF file of the slides and view them simultaneously with the recording of the lecture.
Disclaimer
The views expressed on this page, and in each of the presentations, are those of the author(s) and do not necessarily reflect the position of the Federal Reserve Bank of New York or the Federal Reserve System. Any errors or omissions are the responsibility of the author.
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All Slides in PDF format  |
U.S. Monetary Policy |
Financial Stability |
Welcome and Opening Remarks
Krishna Guha
Executive Vice President, Communications Group Video
U.S. Monetary Policy
Moderator: Simon Potter
Executive Vice President and
Director of Economic Research, Research and Statistics Group
The Fed's Dual Mandate *
Robert Rich
Assistant Vice President, Research and Statistics Group
Video | Slides
Operating Targets and Policy Tools *
Argia Sbordone
Assistant Vice President, Research and Statistics Group
Video | Slides
Monetary Policy Implementation *
Spence Hilton
Senior Vice President, Markets Group
Video | Slides
The Monetary Transmission Mechanism *
Jonathan McCarthy
Vice President, Research and Statistics Group
Video | Slides
Changes in FOMC Communications
Krishna Guha
Executive Vice President, Communications Group
Video | Slides
The International Economy *
Tom Klitgaard
Vice President, Research and Statistics Group
Video | Slides
The U.S. Housing Market *
Andrew Haughwout
Vice President, Research and Statistics Group
Video | Slides
The U.S. Labor Market *
Aysegul Sahin
Assistant Vice President, Research and Statistics Group
Video | Slides
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Economic Education and the New York Fed
Jane Katz
Officer and Director of Economic Education, Communications Group
Video | Slides
Welcome *
William C. Dudley
President, Federal Reserve Bank of New York
Video
Financial Stability
Moderator: Jamie McAndrews
Executive Vice President and
Director of Financial Research, Research and Statistics Group
Overview of Financial Stability; Introduction to Dodd-Frank *
Margaret M. McConnell
Senior Vice President, Office of Financial Policy and Regulatory Policy
Video | Slides
The Fed's Role in the Financial System *
Jamie McAndrews
Executive Vice President and Director of Financial Research, Research and Statistics Group
Video | Slides
Lender of Last Resort: Focus on the Central Bank Swap Lines *
Spence Hilton
Senior Vice President, Markets Group
Due to technical difficulties during the recording process, video of the question and answer portion of the presentation is not available.
Video | Slides
Funding and Liquidity Risk Considerations
Jai Sooklal
Senior Vice President, Risk and Policy, Financial Institution Supervision Group
Due to technical difficulties during the recording process, video of the presentation is not available.
Slides
Origins and Mission of the Federal Reserve
Ben S. Bernanke
Chairman of the Board of Governors of the Federal Reserve System
Video | Slides
Prudential Regulation and Supervision *
Kevin Stiroh
Senior Vice President, Financial Sector Analysis, Financial Institution Supervision Group
Video | Slides
Bank Capital and Regulation *
Emily Guohong Yang
Examining Officer, Risk and Policy, Financial Institution Supervision Group
Video | Slides
Comprehensive Capital Analysis and Review *
Beverly Hirtle
Senior Vice President, Financial Intermediation, Research and Statistics Group
Video | Slides |
Download 2012 Agenda  |
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Economic Education and the New York Fed
Jane Katz
Officer and Director of Economic Education,
Communications Group
Slides |
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Welcome
William C. Dudley
President, Federal Reserve Bank of New York |
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Overview of Financial Stability; Introduction to Dodd-Frank
Margaret M. McConnell
Senior Vice President, Office of Financial Policy and
Regulatory Policy
Slides |
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The Fed's Role in the Financial System
Jamie McAndrews
Executive Vice President and
Director of Financial Research, Research and Statistics Group
Slides |
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Lender of Last Resort: Focus on the Central Bank Swap Lines 1
Spence Hilton
Senior Vice President, Markets Group
Slides |
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Funding and Liquidity Risk Considerations 2
Jai Sooklal
Senior Vice President, Risk and Policy, Financial
Institution Supervision Group
Slides |
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Origins and Mission of the Federal Reserve 
Ben S. Bernanke
Chairman of the Board of Governors of the Federal
Reserve System
Slides |
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Prudential Regulation and Supervision
Kevin Stiroh
Senior Vice President, Financial Sector Analysis, Financial Institution Supervision Group
Slides |
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Bank Capital and Regulation
Emily Guohong Yang
Examining Officer, Risk and Policy, Financial Institution
Supervision Group
Slides |
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Comprehensive Capital Analysis and Review
Beverly Hirtle
Senior Vice President, Financial Intermediation, Research and Statistics Group
Slides |
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1Due to technical difficulties during the recording process, video of the question and answer portion of the presentation is not available.
2Due to technical difficulties during the recording process, video of the presentation is not available. |
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