- Editor's IntroductionConference Commemorating the 35th Anniversary of the Publication of James Tobin's Paper "A General Equilibrium Approach to Monetary Theory"
On November 14 and 15, 2003, the Journal of Money, Credit, and Banking and the Federal Reserve Bank of Chicago hosted a one and a half day conference marking the 35th anniversary of the publication of James Tobin's paper "A General Equilibrium Approach to Monetary Theory." That paper appeared in the inaugural issue of the journal in February, 1969.
A call for papers for the conference elicited over 130 submissions. A committee consisting of Kenneth West (Chair), Paul Evans, Timothy Fuerst, and Peter Ireland selected nine papers for presentation at the conference. All nine papers went through the standard refereeing and editorial process at the JMCB. This special issue presents six papers that survived the process as of February 2004. (Other conference papersmay appear in later issues.) This issue also publishes after-dinner remarks presented at the conference by Robert M. Solow.
On behalf of the Journal of Money, Credit and Banking I wish to thank Gadi Barlevy, Spencer Krane, and David Marshall of the Chicago Fed who selected discussants and who, with the assistance of Chicago Fed staff members Shirley Harris and Aretha Sims, handled all administrative aspects of the conference; the members of the conference committee; the conference discussants; and, as always, Susie Bruner, the journal's editorial assistant, who handled the many complications of this special issue with her usual good cheer and efficiency.