Academic Advisory Council Meeting Materials
2026
October 16
Economic Developments and Monetary Policy Environment
Spencer Krane
Federal Reserve Bank of Chicago
Outlook for Growth and Inflation
Michael Feroli
J.P Morgan
Risks to Inflation Expectations
Joanne Hsu
University of Michigan
Financial Conditions
Ricardo J. Caballero
MIT
Potential Output and Business Sector Productivity Growth
Robert J. Gordon
Northwestern University
The Labor Market for New College Graduates
Katherine Abraham
University of Maryland
May 15
Economic
Developments and Monetary Policy
Environment
Spencer Krane
Federal Reserve Bank of Chicago
Tariffs
and Revenues
Alan J. Auerbach
UC Berkley
Capital
Investment in AI
Janice Eberly
Chicago FRB Advisory Committee
Risk
to Inflation Expectations
Joanne Hsu
University of Michigan
Labor
Market Expectations
Robert Shimer
University of Chicago
Recent
Patterns in Aggregate Productivity
Chad
Syverson
Chicago Booth
Recent
Patterns in Aggregate Productivity
Linda L.
Tesar
University of Michigan
2025
October 10
Economic
Developments and Monetary Policy
Environment
Spencer Krane
Federal Reserve Bank of Chicago
Trade,
FDI and Debt
Linda L. Tesar
University of Michigan
Finance
Andrew Metrick
New
Data and a New Interpretation of Recent U.S.
Productivity Growth
Robert J. Gordon
Northwestern University
Thoughts
on Monetary Policy
Eric Sims
University of Notre Dame
Investment
and Productivity
Janice Eberly
May 30
Economic
Developments and Monetary Policy
Environment
Spencer Krane
Federal Reserve Bank of Chicago
Labor
Katherine
Abraham
University of Maryland
Updates
on Labor Force Participation and Productivity Growth,
Plus Employment in a Recession
Bob
Gordon
Northwestern
University
Thoughts
on short- and medium-run tariff effects
Mike
Feroli
J.P. Morgan
Fiscal
Policy
Alan Auerbach
University
of California, Berkeley
Treasury
Markets
Arvind Krishnamurthy
Stanford
University
2024
October 25
Economic
Developments and Monetary Policy
Environment
Spencer Krane
Federal Reserve Bank of Chicago
New
Data and a New Interpretation of Recent
Productivity Growth:Is Secular Stagnation
Over?
Robert J. Gordon
Northwestern
University
FCI-Targeting
Ricardo
J.
Caballero
MIT
May 31
Economic
Developments and Monetary Policy
Environment
Spencer Krane
Federal Reserve
Bank of Chicago
Some
Thoughts Regarding Recent Labor Market
Trends
Katharine Abraham
University of
Maryland
Brief
Remarks on the Financial System
Martin Eichenbaum
Northwestern University
Charts
for Chicago Fed AAC
Jan
Hatzius
Goldman, Sachs & Co.
Fiscal
Developments
Anil K
Kashyap
The University of Chicago Booth School of
Business
2023
October 20
Economic
Developments and Monetary Policy
Environment
Spencer Krane
Federal Reserve
Bank of Chicago
April 21
Economic
Developments and Monetary Policy
Environment
Spencer Krane
Federal Reserve
Bank of Chicago
2022
November 17
Economic
Developments and Monetary Policy
Environment
Spencer Krane
Federal Reserve
Bank of Chicago
Growth
and and Inflation
Robert J.
Gordon
Northwestern University
May 20
Economic
Developments and Monetary
Policy
Spencer Krane
Federal Reserve Bank
of Chicago
Labor
Markets, Actual vs. Potential GDP, and
Inflation
Environment
Robert J. Gordon
Northwestern
University
Risks
in Housing and Credit
Janice
Eberly
Northwestern University
2021
November 12
Economic
Developments and Monetary Policy
Environment
Spencer Krane
Federal Reserve
Bank of Chicago
Update
for Academic Advisory Council Fall
Meeting 2021
Martin
Eichenbaum
Northwestern University
Perspectives
on Inflation and Productivity
Growth
Robert J. Gordon
Northwestern
University
From
Tapering to Rate Hikes
Jan
Hatzius
Goldman, Sachs & Co.
Lingering
COVID or Antiwork?
Robert
Shimer
University of Chicago
May 5
Economic
Developments and Monetary Policy
Environment
Spencer Krane
Federal Reserve
Bank of Chicago
2020
October 9
Economic
Developments and Monetary Policy
Environment
Spencer Krane
Federal Reserve
Bank of Chicago
May 15
Economic
Developments and Monetary Policy
Environment
Spencer Krane
Federal Reserve
Bank of Chicago
2019
October 11
A
Market’s View on Low R* and the Role
of Monetary Policy
Christian
Broda
Duquesne Capital
Economic
Outlook and Monetary
Policy
Spencer Krane
Federal Reserve Bank
of Chicago
May 17
"Faith-Based"Monetary
Policy
Frameworks
Randall S. Kroszner
University
of Chicago
Some
Comments on Market Perceptions of
Alternative Monetary Policy Frameworks
Lewis
Alexander
Nomura
Economic
Outlook and Monetary
Policy
Spencer Krane
Federal Reserve Bank
of Chicago
2018
October 19
The
Potential Impact of Escalated Tariffs on
the U.S. Economy
Linda L. Tesar
University
of Michigan
Declining
Employment to Population Ratios:
Has Trade Played a Role?
Katharine G.
Abraham
University of Maryland
Economic
Outlook and Monetary
Policy
Spencer Krane
Federal Reserve Bank
of Chicago
2017
November 17
Economic
Conditions and Monetary Policy
Overview
Spencer Krane
Federal Reserve
Bank of Chicago
Alternative
Targets for Monetary
Policy
Robert J. Gordon
Northwestern
University
Balance
Sheet – Some Long Term
Issues
Lewis Alexander
Nomura Group
April 21
Economic
Overview
Spencer Krane
Federal Reserve
Bank of Chicago
The
Economics and Politics of
Destination-Based Cash-Flow Taxation
Alan
Auerbach
University of California,
Berkeley
2016
November 18
Clearing
the Hurdle Rate
Ellen
Zentner
Morgan Stanley
Economic
Overview
Spencer
Krane
Federal Reserve Bank of Chicago
Observations
on the Effectiveness of Monetary
Stimulus
Matthew D. Sharpiro
University of
Michigan and National Bureau of
Economic Research
May 6
Renminbi
Internationalization in Light of
Recent Turbulence
Barry
Eichengreen
University of California Berkeley
The
Fragility of Chinese
Banks
Christian Broda
Duquesne
Economic
Overview
Spencer
Krane
Federal Reserve Bank of Chicago
2015
November 20
Secular
Stagnation and U.S. Monetary
Policy
Lewis Alexander
Nomura
How
Tight Is the Labor Market?
Alan
Krueger
Princeton University
