2013 Homer Jones Memorial Lecture

April 3, 2013

Welcoming Remarks by James Bullard

St. Louis Fed President James Bullard gives opening remarks for the 2013 Homer Jones Memorial Lecture. Bullard talks about Homer Jones’ legacy at the St. Louis Fed and how the annual lecture spotlights those who have made a significant impact in the world of academic research, central banking and global finance.

Full text of President Bullard's remarks.

Lecture by R. Glenn Hubbard

The 2013 Homer Jones Memorial Lecture featured R. Glenn Hubbard, dean and Russell L. Carson Professor of Finance and Economics at Columbia University. Hubbard gives a “report card” on financial regulatory reform, including such efforts as the Dodd-Frank Act. The main focus of his lecture, titled “A Roadmap for Financial Regulatory Reform,” is on the need to acknowledge and manage trade-offs between enhancing accountability for individual institutions and mitigating systemic risks from contagion.

Q&A Session

After giving the 2013 Homer Jones Memorial Lecture, Professor Glenn Hubbard takes questions from the audience on such topics as contagion, the effectiveness of past and current regulatory efforts, and being prepared for financial crises before they hit.

Read the article in the Federal Reserve Bank of St. Louis Review: Financial Regulatory Reform: A Progress Report.

About the Homer Jones Memorial Lecture Series

The Homer Jones Memorial Lecture Series honors those who exemplify the highest qualities of leadership in economics and public policy. As research director, and later as senior vice president at the St. Louis Fed, Homer Jones (1906-1986) played a major role in developing the Bank as a leader in monetary research and statistics.

The Homer Jones Memorial Lecture Series is sponsored by:

• Federal Reserve Bank of St. Louis
• St. Louis Gateway Chapter of the National Association for Business Economics
• Saint Louis University
• Southern Illinois University–Edwardsville
• University of Missouri–St. Louis
• Washington University in St. Louis