Tuesday, August 26, 2008

The Yearly Symposium in Jackson Hole (fg)

Year by Year, central bankers meet with academics at Jackson Hole to discuss brand-new issues in economic theory as well as in practicing monetary policy.

Well, you may guess what this year's come together was about: true, the credit mess and the question how to maintain stability in a changing financial system.

Here is the link to the conference web page, where you may find interesting issues to read and to think about.

Essentially, the conference was about the role of liquidity, regulation and the link between monetary policy and highly leveraged financial markets.