Hearings & Testimony
Forum to Explore the Causes of the Financial Crisis, Day 1
February 26, 2010 — American University Washington College of Law
After hearing public testimony from leaders of both private and public sector entities in January, the Financial Crisis Inquiry Commission (FCIC) is bringing together experts who have researched the financial crisis for a forum in Washington, DC on February 26-27, 2010 at American University Washington College of Law.
The economists will present working papers to the Commissioners on the key issues and events leading up to the crisis and its underlying causes. The presentations will be followed by discussion with the Commissioners.
The forum is a part of the Commission's ongoing efforts to hear from academic experts and economists on issues related to the crisis. The Commission has already met with, among others, Martin Baily, Simon Johnson, David Moss, Carmen M. Reinhart, Kenneth T. Rosen, Hal S. Scott, Joseph E. Stiglitz, John B. Taylor, Mark Zandi and Luigi Zingales.
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Session 1: Interconnectedness of Financial Institutions; “Too Big to Fail”
Randall KrosznerNorman R. Bobins Professor of Economics, University of Chicago -
Session 2: Macroeconomic Factors and U.S. Monetary Policy
Pierre-Olivier GourinchasAssociate Professor of Economics, University of California, Berkeley -
Session 3: Risk Taking and Leverage
John GeanakoplosJames Tobin Professor of Economics, Yale University -
Session 4: Household Finances and Financial Literacy
Annamaria LusardiJoel Z. and Susan Hyatt Professor of Economics, Dartmouth University; Research Associate at the National Bureau of Economic Research