Yellen, Stiglitz to Speak at Fed's Community Development Research Conference

Yellen, Stiglitz to Speak about Economic Mobility at the Fed's Community Development Research Conference April 2-3 in Washington, D.C.

WASHINGTON ‑ Janet L. Yellen, the chair of the Board of Governors of the Federal Reserve System, and Joseph E. Stiglitz, professor of economics at Columbia University, will be the featured speakers at the ninth biennial Federal Reserve System Community Development Research Conference April 2-3 in Washington, D.C.

The title of this year’s conference is Economic Mobility: Research & Ideas on Strengthening Families, Communities & the Economy. This unique event aims to bridge the gaps between research, policy and practice on key issues facing the country.

Yellen took office as chair in February 2014 and also serves as chair of the Federal Open Market Committee, the system’s principal monetary policymaking body.

Stiglitz is the winner of the 2001 Nobel Memorial Prize in Economics and a lead author of the 1995 Intergovernmental Panel on Climate Change report, which shared the 2007 Nobel Peace Prize.

In addition, James Bullard, president and CEO of the Federal Reserve Bank of St. Louis, Narayana Kocherlakota, president and CEO of the Federal Reserve Bank of Minneapolis, and Lael Brainard, a member of the Board of Governors of the Federal Reserve System, will give remarks at the two-day conference. It will be held at the Washington Marriott Wardman Park.

• Yellen is expected to give opening remarks at 8:30 a.m. Thursday, April 2.
• Brainard will speak at 3:45 p.m. Thursday, April 2.
• Kocherlakota will give opening remarks at 8:30 a.m. Friday, April 3.
• Bullard will deliver remarks and introduce Stiglitz, who is scheduled to give a closing keynote presentation, beginning at 12:30 p.m. Friday, April 3.

Numerous other speakers, including representatives from government and the academic community, will present original, emerging research aimed at advancing the understanding of how people and communities get ahead, where impediments exist, how facts such as inequality play a role and what has changed over time.

For a full list of speakers and the conference agenda, visit www.stlouisfed.org/economicmobility2015.

All plenary conference sessions will be webcast live at http://www.ustream.tv/federalreserve.

Media interested in covering the event should contact Maria Hasenstab at maria.e.hasenstab@stls.frb.org and 314-444-8321 (office) or 314-306-9360 (cell).