As we stand at the cusp of potentially transformative advances in big data, machine learning, and generative artificial intelligence, it is imperative that we explore the important questions about how technology will influence finance in the years ahead: What are the new financial services that have been – and will be – enabled by these technologies? Will these technologies change the delivery of financial services such that, for example, they are increasingly provided by nontraditional intermediaries and are more accessible to underserved consumers and communities? And to what extent will such changes make the financial system more efficient and resilient as well as more equitable? While a greater volume of data can improve the efficiency and security of financial services, it can also jeopardize the privacy of information and lead to less equitable access to those services. New technologies can enhance efficiency, but they can also increase market power. This conference will bring together researchers, regulators, supervisors, and industry practitioners to review past lessons and preview the future of finance and the opportunities and challenges being raised by the current wave of new technologies.
Agenda
Friday, November 17, 2023
Breakfast
Welcoming Remarks
Susan M. Collins
President and Chief Executive Officer
Federal Reserve Bank of Boston
Egon Zakrajšek
Executive Vice President and Director of Research
Federal Reserve Bank of Boston
Paper Session: The Outlook for Women's Employment and Labor Force Participation
Author:
Stefania Albanesi
Professor of Economics
University of Miami Herbert Business School
Discussants:
Misty L. Heggeness
Associate Professor
University of Kansas School of Public Affairs and Administration
Chinhui Juhn
Henry Graham Professor of Economics
University of Houston
Moderator:
Christopher L. Foote
Senior Economist and Policy Advisor
Federal Reserve Bank of Boston
Break
Panel: Race-Related Gaps in Employment Rates
Panelists:
Francisca Antman
Professor
University of Colorado Boulder
Kevin Lang
Laurence A. Bloom Professor of Economics
Boston University
William M. Rodgers III
Vice President and Director of the Institute for Economic Equity
Federal Reserve Bank of St. Louis
Moderator:
Christopher L. Foote
Senior Economist and Policy Advisor
Federal Reserve Bank of Boston
Luncheon
Keynote Address
Cecilia Elena Rouse
Katzman-Ernst Professor in Economics and Education
Professor of Economics and Public Affairs
Princeton University
Moderator:
Daniel H. Cooper
Vice President and Economist
Federal Reserve Bank of Boston
Paper Session: Skills Acquisition and Maximum Employment
Author:
Harry J. Holzer
John LaFarge Jr. SJ Professor of Public Policy
Georgetown University McCourt School of Public Policy
Discussants:
Peter Q. Blair
Assistant Professor of Education
Harvard Graduate School of Education
Jeffrey Smith
Paul T. Heyne Distinguished Chair in Economics and the Richard A. Meese Chair in Applied Econometrics
University of Wisconsin-Madison
Moderator:
Daniel H. Cooper
Vice President and Economist
Federal Reserve Bank of Boston
Break
Paper Session: Recent Evolutions in the Labor Market: Measuring the Gig Economy
Authors:
Mary A. Burke
Senior Economist and Policy Advisor
Federal Reserve Bank of Boston
Anat Bracha
Associate Professor
Hebrew University Business School
Discussants:
Susan Houseman
Vice President and Director of Research
W. E. Upjohn Institute for Employment Research
Dmitri Koustas
Assistant Professor
University of Chicago Harris School of Public Policy
Moderator:
Dhiren Patki
Economist
Federal Reserve Bank of Boston
Panel: Probing for Maximum Employment
Panelists:
J. Bradford DeLong
Professor of Economics
University of California, Berkeley
Kristin J. Forbes
Jerome and Dorothy Lemelson Professor of Management and Global Economics
Massachusetts Institute of Technology Sloan School of Management
Donald Kohn
Robert V. Roosa Chair in International Economics and Senior Fellow
Brookings Institution
Moderator:
Dhiren Patki
Economist
Federal Reserve Bank of Boston
Reception
Saturday, November 18, 2023
Breakfast
Paper Session: Employment Challenges Faced by People with Criminal Histories
Author:
Steven Raphael
Professor of Public Policy and James D. Marver Chair
University of California, Berkeley, Goldman School of Public Policy
Discussants:
Osborne Jackson
Senior Economist
Federal Reserve Bank of Boston
Michael Mueller-Smith
Assistant Professor
University of Michigan
Moderator:
Karen Dynan
Professor of the Practice of Economics
Harvard University
Break
Panel: Measuring Maximum Employment in Real Time
Panelists:
Jeffrey Kling
Research Director
Congressional Budget Office
Pascal Michaillat
Associate Professor of Economics
University of California, Santa Cruz
Stefano Scarpetta
Director of Employment, Labour and Social Affairs
Organisation for Economic Co-operation and Development
Moderator:
Karen Dynan
Professor of the Practice of Economics
Harvard University
Concluding Remarks
Luncheon
Contacts
Sign up to receive new research from the Boston Fed’s Research Department.
Sign up for Research Department Updates.
Site Topics
Related Content
Fulfilling the Full Employment Mandate
Should Full Employment Be a Mandate for Central Banks?
The “other” mandate: What makes full employment hard to define, hard to reach
Understanding Racial Disparities Is Essential to the Federal Reserve’s Full Employment Mandate