The Brookings Papers on Economic Activity (BPEA) is a semi-annual academic conference and journal that pairs rigorous research with real-time policy analysis to address the most urgent economic challenges of the day. The Fall 2024 BPEA Conference was held on September 26-27, 2024, hosted by Brookings Economic Studies program. The conference proceedings were open to anyone who wishes to observe the vanguard of economic thought around global economic issues. Download the conference agenda here» Submit a proposal to present at a future BPEA conference here» The Spring 2025 conference will be held March 27-28, 2025; and the Fall 2025 conference on September 25-26, 2025.
Agenda
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September 26
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DAY ONE: Thursday, September 26
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Symposium on Federal Reserve's Monetary Policy Framework Review
1:00 pm - 2:15 pm
Challenges Around the Fed’s Monetary Policy Framework and Its Implementation
Authors: William English (Yale School of Management) and Brian Sack (Balyasny Asset Management)Considerations for a Post-Pandemic Monetary Policy Framework
Author: Charles Evans (University of Chicago Clark Center)Did the Federal Reserve’s 2020 Policy Framework Limit Its Response to Inflation? Evidence and Implications for the Framework Review
Authors: Christina Romer and David Romer (University of California, Berkeley)Authors
William B. English Eugene F. Williams, Jr. Professor of the Practice - Yale School of ManagementChristina D. Romer Nonresident Senior Fellow - Economic StudiesDavid H. Romer Nonresident Senior Fellow - Economic Studies -
Dynamic Scoring: A Progress Report on Why, When, and How
2:30 pm - 3:45 pm
Authors
Douglas Elmendorf Harvard University Distinguished Service Professor - Harvard Kennedy SchoolHeidi Williams Nonresident Senior Fellow - Economic Studies, The Hutchins Center on Fiscal and Monetary Policy @heidilwilliams_Discussants
G. William Hoagland Senior Vice President - Bipartisan Policy CenterDeborah Lucas Sloan Distinguished Professor of Finance - Massachusetts Institute of Technology -
The Economic Impacts of Clean Power
4:00 pm - 5:15 pm
Authors
Discussants
Koichiro Ito Associate Professor - University of ChicagoNeil R. Mehrotra Assistant Vice President and Policy Advisor - Federal Reserve Bank of Minneapolis @neilmehrotra -
DAY TWO: Friday, September 27
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Robust Fiscal Stabilization
8:30 am - 9:45 am
Authors
Alan J. Auerbach Robert D. Burch Professor of Economics and Law - Economics Department, UC-Berkeley, Director - Robert D. Burch Center for Tax Policy and Public FinanceDiscussants
William G. Gale Senior Fellow - Economic Studies, The Arjay and Frances Fearing Miller Chair in Federal Economic Policy, Co-Director - Urban-Brookings Tax Policy CenterValerie A. Ramey Senior Fellow - Hoover Institution, Stanford University -
u* = √uv: The Full-Employment Rate of Unemployment in the United States
10:00 am - 11:15 am
Authors
Emmanuel Saez Professor of Economics - University of California-Berkeley, Director - Center for Equitable Growth -
The Economics of Sanctions: From Theory Into Practice
11:30 am - 12:45 pm
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