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MMFFR Conference
General Information
Schedule
Registration is closed.
Speaker Biographies
Conference Participants (PDF 14 KB / 4 pages)
   

Conference on Measuring and Managing Federal Financial Risk
February 8-9, 2007

Schedule

 

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Thursday, February 8
11:00 Registration Opens
12:00 – 1:00 Lunch
1:00 – 1:15 Welcome and Introduction
1:15 – 2:00

Federal Financial Exposure to Catastrophic Risk (PDF 260 KB / 33 pages)
David Cummins, Wharton
George Zanjani, NY Fed
Discussant: Greg Niehaus, University of South Carolina

2:00 – 2:15 Break
2:15 – 3:00

Environmental Assets and Liabilities (PDF 186 KB / 23 pages)
Geoffrey Heal, Columbia
Howard Kunreuther, Wharton
Discussant: William Pizer, Resources for the Future

3:00– 4:15

Panel 1
Reflections from the Hill
Moderator: Douglas Elliott, COFFI
Panelists: Bill Hoagland, Former Director of Budget & Appropriations, U.S. Senate, Office of the Majority Leader
Donald Marron, Deputy Director, CBO

4:15– 4:30 Break
4:30– 5:15

Guaranteed vs. Direct Lending: The Case of Student Loans (PDF 244 KB / 42 pages)
Deborah Lucas, Kellogg
Damien Moore, CBO
Read more
Discussant: Janice Eberly, Kellogg

6:00 – 6:30

Cocktails

7:00 – 9:00 Dinner  

Keynote Speaker: Peter Fisher, BlackRock
Bringing Financial Literacy to Washington (PDF 26 KB / 7 pages)

Friday, February 9  
7:30 – 9:00 Breakfast
9:00 – 9:45 The Cost of Risk to the Government and Its Implications for Federal Budgeting (PDF 97 KB / 38 pages)
Deborah Lucas, Kellogg
Marvin Phaup, CBO
Discussant: Henning Bohn, UC Santa Barbara
9:45 – 10:00 Break
10:00 – 10:45 Federal Housing Programs (PDF 143 KB / 40 pages)
Dwight Jaffee, Berkeley
John Quigley, Berkeley
Discussant: Susan Wachter, Wharton
10:45 – 11:30 Valuing Government Guarantees: Fannie and Freddie
Deborah Lucas, Kellogg School
Robert McDonald, Kellogg School
Discussant: Alan Marcus, Boston College
11:30 – 1:00

Lunch and Panel Discussion 2
What Can Be Done, What Should Be?
(PPT 184 KB)
Katherine Schipper, Duke
Moderator: David Wilcox, Deputy Director, Federal Reserve Board
Panelists: Dan Crippen, former director CBO
Tom Allen, Chairman FASAB
Read more
(PPT 41 KB)
Howell Jackson, Harvard
Read more
(PDF 336 KB)

1:00 – 1:45 The Market Value of Accrued Social Security Benefits (PPF )
John Geanakoplos, Yale
Stephen Zeldes, Columbia GSB
Discussant: Kent Smetters, Wharton
Read more
1:45 – 2:00 Wrap-up and Adjourn
©2001 Kellogg School of Management, Northwestern University