Designing resilient monetary policy frameworks for the future : a symposium sponsored by the Federal Reserve Bank of Kansas City, Jackson Hole, Wyo., Aug. 25-27, 2016

Foreword / Esther L. George -- Introduction / Troy Davig -- The moderators : Peter Blair Henry, Kristin J. Forbes -- Opening remarks / Janet L. Yellen -- Pass-through efficiency in the Fed's new monetary policy setting / Darrell Duffie, Arvind Krishnamurthy ; Commentary / Minouche Shafik -- The case for unencumbering interest rate policy at the zero bound / Marvin Goodfriend ; Commentary / Marianne Nessén -- Evaluating monetary policy operational frameworks / Ulrich Bindseil ; Commentary / Jean-Pierre Danthine ; Commentary / Simon Potter -- Luncheon address : Fiscal policy, monetary policy and central bank independence / Christopher A. Sims -- The Federal Reserve's balance sheet as a financial-stability tool / Robin Greenwood, Samuel G. Hanson, Jeremy C. Stein ; Commentary / Randall S. Kroszner -- Funding quantitative easing to target inflation / Ricardo Reis ; Commentary / Laura L. Veldkamp -- Overview panel : The case for emerging market economies / Agustín Carstens -- The ECB's operational framework in post-crisis times / Benoît Coeuré -- Re-anchoring inflation expectations via 'quantitative and qualitative monetary easing with a negative interest rate' / Haruhiko Kuroda