January 2013 issue contents

2013 January

Special Supplemental Issue - Central Banking: Before, During, and After the Crisis
A Conference to Honor Don Kohn

Cover and contents

Introduction and opening remarks
  by Ben S. Bernanke

QE 1 vs. 2 vs. 3. . . : A Framework for Analyzing Large-Scale Asset Purchases as a Monetary Policy Tool
  by Mark Gertler and Peter Karadi Discussion
  by Olivier Blanchard
Discussion
  by Varadarajan V. Chari

Monetary Aggregates and the Central Bank's Financial Stability Mandate
  by Hyun Jeong Kim, Hyun Song Shin, and Jaeho Yun

An Integrated Framework for Analyzing Multiple Financial Regulations
  by Charles A. E. Goodhart, Anil K. Kashyap, Dimitrios P. Tsomocos, and Alexandros P. Vardoulakis
Discussion
  by Paul M. W. Tucker
Discussion
  by Tobias Adrian

Complexity and Monetary Policy
  by Athanasios Orphanides and Volker Wieland
Discussion
  by Lars E.O. Svensson
Discussion
  by Glenn D. Rudebusch

Unconventional Monetary Policy Measures: Principles-Conditions-Raison d'être
  by Jean-Claude Trichet

Replumbing Our Financial System: Uneven Progress
  by Darrell Duffie
Discussion
  by Stephen G. Cecchetti

A Proposal for the Resolution of Systemically Important Assets and Liabilities: The Case of the Repo Market
  by Viral V. Acharya and T. Sabri Öncü
Discussion
  by Andrew Crockett

Challenges for the Future
  by Mervyn King

Central Banking in a Balance Sheet Recession
  by Jaime Caruana

Central Banking: Before, During, and After the Crisis
  by Masaaki Shirakawa