Academic Advisory Council Meeting Materials
2025
May 30
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