The Federal Reserve Bank of St. Louis today released “Connecting Policy with Frontier Research,” a volume containing interviews with economists and academics who presented at the 38th Annual Federal Reserve Bank of St. Louis Fall Conference. The conference was sponsored by the Research division.
During the conference, presenters shared their findings on a wide range of topics, including financial markets, monetary policy and macroeconomic dynamics. These economists and academics also participated in one-on-one interviews conducted by St. Louis Fed Vice President and Economist David Andolfatto.
In the volume, St. Louis Fed Director of Research Christopher Waller touted the St. Louis Fed’s history of cutting-edge research, policy analysis and provision of economic information to the public. He noted, “At the St. Louis Fed, we continually look for ways to connect frontier research with policy. Our annual fall conference, which brings together leading academics and economists, does just that.”
St. Louis Fed President James Bullard opened the volume by stating that “frontier” research and “policy” research are really two sides of the same coin. Bullard said, “In short, advanced economic theory has to be made more relevant for actual policy, and actual policy has to understand and embrace the difficult ideas advanced in the theoretical world. The St. Louis Fed has long been a leader in supporting research at the intersection of economic theory and economic policy.”
About the volume, Bullard said, “In addition to finding ways to connect the research world with the policy world, the St. Louis Fed strives to connect academic research with a nonacademic audience. Our goal is to explain in lay terms why the research is important, what implications it has for policy and what it means for people and the economy overall. This volume brings the main findings of the research presented during the conference to a wider audience.”
The fall conference volume is available for viewing and download, and videos of the individual interviews are available as well.