What the IMF consideres macro

Via Greg Mankiw's blog, I learned about the IMF conference on "Rethinking Macro Policy." See the announcement and program here. I reproduce the program below.

I find this most striking as a reflection on what the IMF considers "macro." Yes, they have the whole spectrum, indeed, all the way from  Geroge Akerlof and Joe Stiglitz on the far left end of traditional Keynesian economics, to... Olivier Blanchard and David Romer on the pretty-far left end of somewhat new-Keynesian economics?

Don't get me wrong, these are all very smart people, in the whole program and the final panel. Akerlof was one of my thesis advisers, and a lot of what I learned from him sticks with me today. But really, this is the entire spectrum of macro? Has anyone heard of, oh, Lucas, Sargent, Sims, Prescott and all their many descendants?  Especially if the project is to "rethink," would not some slight broadening of a spectrum have made sense?

It is a sharp lesson in the range of ideas that the IMF will bring to anything they do.


IMF Headquarters 2
Conference Hall 1
Tuesday, April 16, 2013 

2:45–3:00pmOpening remarks: Christine Lagarde
3:00–4:30pmSESSION I: Monetary Policy 
Janet Yellen


Lorenzo Bini-Smaghi
Mervyn King
Mike Woodford
4:30–5:00pmCoffee break
5:00–6:30pmSESSION II: Macroprudential Policies 
Andy Haldane


Claudio Borio
Stanley Fischer
Choongsoo Kim

IMF Headquarters 2
Conference Hall 1
Wednesday, April 17, 2013

8:15–9:00amRegistration/Continental Breakfast
9:00–10:30amSESSION III: Financial Regulation
Sheila Bair


Jeremy Stein
Jean Tirole
John Vickers
10:30–11:00amCoffee Break
11:00–12:30pmSESSION IV: Fiscal Policy
Janice Eberly


Anders Borg
Roberto Perotti
Nouriel Roubini
2:00–3:30pmSESSION V: Exchange Rate Arrangements 
Agustín Carstens


Jay Shambaugh
Martin Wolf
Gang Yi
3:30–4:00pm***Coffee Break***
4:00–5:30pmSESSION VI: Capital Account Management
Duvvuri Subbarao


Philipp Hildebrand
Márcio Holland de Brito
Hélène Rey
George Akerlof
Olivier Blanchard
David Romer
Joseph Stiglitz
6:30–8:30pm***Cocktail Reception ***
(Venue: HQ2 Second Floor)

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