Macro-Prudential Regulation
Washington, DC
November 5, 2010
Following the global financial crisis, great attention has been paid to the macro-prudential dimension of financial regulation.
Macro-prudential regulation will go beyond the past focus on the soundness of individual institutions, and incorporate macroeconomic and systemic implications of financial regulation.
The Economic Forum, chaired by the Financial Counsellor of the IMF, will feature four experts who have been shaping the evolving discussion on macro-prudential regulation.
Join us for a discussion of these questions and related issues with a panel of experts.
Macro-Prudential Regulation | |
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Moderated by | |
Jose Viñals Financial Counsellor and Director, Monetary and Capital Markets Department, IMF |
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Featuring | |
Viral V. Acharya is Professor of Finance at New York University Stern School of Business (NYU-Stern), Research Associate of the National Bureau of Economic Research (NBER) in Corporate Finance, Research Affiliate of the Center for Economic Policy Research (CEPR) in Financial Economics, Research Associate of the European Corporate Governance Institute (ECGI), and an Academic Advisor to the Federal Reserve Banks of Cleveland, New York and Philadelphia, and the Board of Governors. |
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Markus K. Brunnermeier is the Edwards S. Sanford Professor at Princeton University. He is a faculty member of the Department of Economics and affiliated with Princeton's Bendheim Center for Finance and the International Economics Section. He is also a research associate at CEPR, NBER, and CESifo, and a visiting scholar at the Federal Reserve Bank of New York. |
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Don Kohn is a senior fellow at Brookings Institution; he advised Federal Reserve Chairman Ben Bernanke throughout the 2008-2009 financial crisis and also served as a key adviser to former Fed Chairman Alan Greenspan. Kohn is a 40-year veteran of the Federal Reserve System. Prior to taking office as a member of the Board of Governors of the Federal Reserve, he was an adviser to the Board for Monetary Policy (2001-02), secretary of the Federal Open Market Committee (1987-2002), director of the Division of Monetary Affairs (1987-2001), and deputy staff director for Monetary and Financial Policy (1983-87). |
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Vincent Reinhart currently Resident Scholar at American Enterprise Institute in Washington DC, and a former director of the Federal Reserve Board's Division of Monetary Affairs, has spent more than two decades working on domestic and international aspects of U.S. monetary policy. He held a number of senior positions in the Divisions of Monetary Affairs and International Finance and served for the last six years of his Federal Reserve career as secretary and economist of the Federal Open Market Committee. |
This forum was part of the IMF’s Eleventh Annual Jacques Polak Research Conference on “Macroeconomic and Financial Policies after the Crisis,” November 4-5, 2010.
Conference Organizing Committee: Jaewoo Lee (Chair), Suman Basu, Rudolfs Bems, Ayhan Kose, Fabian Valencia (All IMF) and Pierre-Olivier Gourinchas (University of California at Berkeley and Editor of the IMF Economic Review).
Conference Coordinator: Tracey Lookadoo