Central Banking after the Great Recession: Lessons Learned, Challenges Ahead

Contents

Acknowledgments vii 1 Introduction 1 David Wessel 2 A Conversation with Ben Bernanke 5 Liaquat Ahamed and Ben Bernanke 3 Monetary Policy When Rates Hit Zero: Putting Theory into Practice 21 John C. Williams Discussion with Martin Feldstein, Paul Tucker, 45 Greg Ip, Jon Hilsenrath, and Abby Joseph Cohen 4 Regulatory Reform: What’s Done? What Isn’t? 53 Paul Tucker Discussion with Rodgin Cohen, Martin Feldstein, 84 Paul Saltzman, and Doug Elliott 5 Federal Reserve Independence after the Financial Crisis: Should We Be Worried? 91 Donald Kohn Discussion with Christina Romer, Kenneth Rogoff, 105 Donald Kohn, and Andy Levin About the Participants 111 CONTENTS     v 00-2608-1 fm.indd 5 3/11/14 9:56 PM 00-2608-1 fm.indd 6 3/11/14 9:56 PM ...