Recessions and recoveries associated with asset-price movements: what do we know? : a speech at the Stanford Institute for Economic Policy Research, Stanford, California, January 12, 2005, and the Real Estate Roundtable, Washington, D.C., January 27, 2005

Asset pricing ; Recessions

Understanding financial consolidation

Keynote address for a conference sponsored by the Federal Reserve Bank of New York entitled Financial Innovation and Monetary TransmissionFinancial modernization ; Bank mergers

Answering the challenges of creating economic opportunity

What can be done to promote economic opportunity for all citizens and help communities prosper? Roger W. Ferguson, Jr., vice chairman of the Board of Governors of the Federal Reserve System, discussed this issue when he addressed members of the Commercial Club and the Commonwealth Club in Cincinnati on October 10, 2002.Community development

General discussion : understanding the Greenspan standard

Greenspan, Alan ; Monetary policy ; Business cycles ; Economic conditions

General discussion : the end of large current account deficits : 1970-2002 : are there lessons for the United States?

Greenspan, Alan ; Interest rates ; Deficit financing

General discussion : separating the business cycle from other economic fluctuations

Greenspan, Alan ; Monetary policy ; Business cycles

Panel discussion II: safeguarding good policy practice

Monetary policy

Invited Paper: IS2010: A Retrospective Review and Recommendation

The Information System (IS) model curriculum has been advanced by the Association of Computing Machinery (ACM), the Association for Information Systems (AIS), and other associations since the 1970s. The IS2002 and IS2010 curriculum models have been positively received by both academic institutions and industry alike. Each of these models used design principles to help guide the development process; these principles included concepts such as maximizing program flexibility or course sequencing to improve depth of knowledge. The most current undergraduate model (IS2010) that guides university curriculum is nearly 10 years old. In today’s IS field, a curriculum should address previous design concepts; plus the environment in which IS professionals work has become even more dynamic and multifaceted. Given these challenges, a new IS model curriculum would benefit by including more programming concepts along with course sequencing. The authors propose a two-course sequence in areas such as computer programming to increase depth of knowledge and keep some program flexibility. Further, the authors recommend: (1) require a minimum amount of programming, (2) require technical infrastructure coverage, (3) allow for specialization, (4) specify sequencing to provide depth, and (5) identify both core competencies and course structure. These recommendations are not a criticism but build a new model with the strengths and knowledge gained in the past 10 years

A framework for the analysis of vibrations of structures with uncertain attachments

Attachments affect the dynamic response of an assembled structure. When engineers are modelling structures, small attachments will often not be included in the “bare” model, especially in the initial design stages. The location of these attachments might be poorly known, yet they affect the response of the structure. This paper considers how attachments jointed to the structure at uncertain points, can be included in the dynamic model of a structure. Two approaches are proposed. In the time domain, a combination of component mode synthesis, characteristic constraint modes and modal analysis gives a computationally efficient basis for subsequent analysis using, for example, Monte Carlo simulation. The frequency domain approach is based on assembly of frequency response functions of bare structure and attachment. Numerical examples of a beam and a plate with a point mass added at an uncertain location are considered and predictions compared with experiment results

Roger W. Ferguson Speech, On The Future of Financial Services - Revisited, At the Future of Financial Services Conference

This speech was held at the Future of Financial Services Conferenc