U.S. Policy in an Uncertain Global Economy

5-6:30 pm

Reception
Sponsored by AUBER

8:30-9:30

Open Borders versus Security
A look at cross-border movement of capital and labor, including immigration issues.
Stephen E. Flynn, Senior Fellow, National Security Studies, Council on Foreign Relations
David Andrea, Director of the Forecasting Group, Center for Automotive Research

9:45-10:45

A Serious Look at Inflation Measures
A look at price and cost of living indexes and measurement.
Charles L. Schultze, Brookings Institution
John Greenlees, Bureau of Labor Statistics

10:45-11:15

Coffee Break

11:15 -12:15 PM

Educational Sessions A

Session 1
Measuring Attitudes During times of Uncertainty
What do consumer and business confidence survey measure? What are they currently telling us?
Timothy D. Hogan, Director,
L. William Seidman Research Institute, Arizona State University, presiding
Richard T. Curtin, Director, Surveys of Consumers, University of Michigan
William C. Dunkelberg, Chief Economist, National Federation of Independent Business

Sponsored by AUBER

Session 2
Transatlantic Differences in Merger Policy: How the EU and US Evaluate Merger Deals
A discussion of the difference in policy, law, and economics.
Daniel Levine, Principal, MetroCompare LLC and Chair, Corporate Planning Roundtable, presiding
William Kovocic, General Counsel, Federal Trade Commission
Debra A Valentine, Partner, O'Melveny & Myers
Invitation Pending with EU

Sponsored by the NABE Corporate Planning Roundtable

12:30-1:45

Luncheon
Overhauling Corporate Financial Reporting
Harvey Rosenblum, NABE President and Director of Research/SVP, Federal Reserve Bank of Dallas, presiding
Honorable Harvey Pitt, Chairman, U.S. Securities and Exchange Commission
(invited)

2:00-3:00

Educational Sessions B
Session 1
Trade Policy
A focus on trade liberalization and its direction after the meetings in Doha, Qatar, including the role of emerging economies, anti-globalization, and regional trading blocs.
Speakers TBA

Session 2
Industries Under Stress
Update on the troubled industry sectors of Tourism and Retail in the aftermath of September 11.
Richard L. Wobbekind, Associate Dean, Leeds School of Business, presiding
William J. Hannigan, Chairman and C.E.O. Sabre
Rick Gallagher, Vice President National Federation of Retailers and Publisher/Editor of STORES magazine

Sponsored by AUBER

3:15-4:15

Educational Sessions C
Session 1
State and Local Government Issues: Changing Fiscal Realities and Macroeconomic Implications
Gary Ciminero, Acting Executive Director, Rhode Island House Policy Office and Chair, Regional/Utility Roundtable, presiding
Sara Johnson, Managing Director, DRI-WEFA
Scott Pattison, Executive Director, National Association of State Budget Officers
John Tepper Marlin, Chief Economist, New York City Comptroller Office

Sponsored by the NABE Regional/Utility Roundtable

Session 2 will meet from 3:15 to 4:45 PM
Private Health Insurance Today and Tomorrow
James F. Rodgers, Vice President, American Medical Association and chair, Health Economic Roundtable, presiding
Recent Trends In Employer-Based Health Insurance
Jon Gabel, Hospital Research and Educational Trust
Government's Role In Private Health Insurance
Glenn Hubbard, Chair, Council of Economic Advisers
A Perspective on the Future of Private Health Insurance
Len Nichols, Center for Studying Health System ChangeSponsored by the NABE Health Economics Roundtable

5:00-6:30 PM

Reception
Sponsored by Cambridge Consumer Credit Index
Bank of America
730 15th Street NW
Alan Greenspan, Chairman, Federal Reserve Board of Governors

8-9:15 am

Breakfast
U.S. Monetary Policy in a Global Context
Harvey Rosenblum, NABE President and Director of Research/SVP, Federal Reserve Bank of Dallas, presiding
William McDonough, President and CEO, Federal Reserve Bank of New York

9:30-10:30

Roundtable on Central Bank Policy
Discussion will focus on the role of monetary policy in managing economic risks.
William McDonough, President and CEO, Federal Reserve Bank of New York, presiding
David Dodge, Governor, Bank of Canada
Mervyn King, Deputy Governor, Bank of England (invited)
Jean-Claude Trichet, Gouverneur, Banque de France (invited)

10:30-10:45

Coffee Break
Sponsored by Haver Analytics

10:45-11:30

Stimulative Fiscal Policy-Has It Worked?
We will cover the FY 2003 budget as well as the changing government structure and increased policy volatility.
Kathleen B. Cooper, Under Secretary for Economic Affairs, U.S. Dept of Commerce
Eugene Sperling, (invited)
Brookings Institution

11:30-12:30

Educational Sessions D

Session 1
IT, Logistics, and Productivity in the Post-9/11 Era
Yorgos Papatheodorou, Chief Economist, Lockwood Greene Engineers and Chair, Manufacturing Roundtable, presiding
James Manyika and Mike Nevens, McKinsey Global Institute and authors of the just-published study, "US Productivity and the Impact of IT"
Kevin J. Stiroh, Federal Reserve Bank of New York

Sponsored by the NABE Manufacturing Roundtable

Session 2
Policy and 3G Cellular
A look at appropriate government policy to promote the next generation of cell phone technology.
Bruce J. Kratofil, President, BJK Research and Chair, Technology Roundtable, presiding
Kathleen Q Abernathy (invited)
Commissioner, Federal Communications Commission

Sponsored by the Technology Roundtable

12:30-1:45

Luncheon
Harvey Rosenblum, NABE President and Director of Research/SVP, Federal Reserve Bank of Dallas, presiding
Honorable Paul O'Neill
Secretary of the Treasury

1:45-2:30

Is the Macroeconomic Policy Mix Right?
Rosemary Marcuss, Deputy Director, Bureau of Economic Analysis, presiding
Alan S. Blinder, Professor, Princeton University

2:30-3:15

Trends in Credit Quality and Their Impact on the Credit Cycle
Michael R. Englund, Standard & Poor's, presiding
Carl Tannenbaum, LaSalle Banks/ABN AMBRO N.A., introduction
John D. Hawke, Comptroller of the Currency

Sponsored by the Financial Roundtable

3:15

Adjourn

Post Conference Trip to Capitol Hill
We plan to facilitate arranging meetings for you with your Senators and Congressional representatives.