Gary H. Stern
Columns, Speeches and Articles

The Region, Top of the Ninth Columns

• Limiting Spillovers Through Focused Supervision, September 2008
• Issues in Macroeconomic Policy, June 2008
• Addressing the Trade-offs: Market Discipline, Stability and Communication, December 2007
• On Public Policy and Economic Education, September 2007
• Financial Innovation and the Fed, June 2007
• Economics and Policy, December 2006
• Perspectives on Current Banking Issues, September 2006
• Pursuing Effective Economic Policy, June 2006
• See previous Region issues for more columns.

Speeches

• Too Big to Fail: The Way Forward, Winona, Minnesota,
  November 13, 2008 [PDF]
• Policy and the Economy in the Wake of the Shock
  Escanaba, Michigan, October 21, 2008 and Houghton, Michigan, October 16, 2008 [PDF]
• Repercussions from the Financial Shock
  Minneapolis, Minnesota, October 9, 2008 [PDF]
• Repercussions from the Financial Shock
  Chicago, Illinois, October 7, 2008 [PDF]
• Repercussions from the Financial Shock
  Three Forks, Montana August 14, 2008
• Issues in Macroeconomic Policy
  London, England, March 27, 2008 [PDF]
• Issues in Macroeconomic Policy
  Minneapolis, Minnesota, February 19, 2008 [PDF]
• Remarks at the Early Childhood Research Collaborative Conference, Minneapolis, MN, December 7, 2007
• Credit Market Developments: Lessons for Central Banking,
  Singapore, November 19, 2007
• Comments to the 2007 Business Leaders Luncheon,
  Billings, Montana, August 9, 2007
• Comments on Release of the Nation's Report Card:
  Economics 2006, August 8, 2007
• Perspectives on the Economy, March 29, 2007
• Remarks at the U.S. Monetary Policy Forum, March 9, 2007
• Payments System Issues and Challenges, June 15, 2005
• Remarks to the Conference of State Bank Supervisors,
  June 2, 2005
• Federal Reserve Banks' Initiatives in the Payments System,
  October 30, 2003
  
• Remarks at the Emerging Payments Conference, May 30, 2003
• Economic Literacy Leads to Better Grasp of Public Policy Issues,
  October 24, 2002
• Reflections on Business, Government and Reputation,
  May 19, 2002
• The (Uncertain) Resilience of the U.S. Economy, April 25, 2002
• Moral Hazard and Bank Protection, July 23, 2001
• Remarks at American Enterprise Conference: Is Bank Regulation Necessary?, October 27, 1999
• Thoughts on Economic Growth, June 9, 1999
• Managing Moral Hazard with Market Signals: How Regulation Should Change With Banking, May 6, 1999
• Opening Remarks for Minneapolis Community Development Agency/Lender Meeting, April 14, 1999
• From Command and Control to Market Discipline: How Regulation Should Change with Changes in Banking, February 26, 1999
• Role of Banking Debt in Community Development, April 1998
• Government Safety Nets and Banking System Stability,
  March 11, 1998
• Remarks at the FDIC Conference on Deposit Insurance,
  January 29, 1998
• The Expansion Going Forward, January 20, 1998
• Government Safety Nets, Banking System Stability, and Economic Development, September 15-16, 1997
• Remarks at the American Farm Bureau Midwest Presidents & Administrators Conference, July 25, 1997
• The Federal Reserve's Contribution to Sustained Growth,
  June 4, 1997
• The Role of Banking Debt in Community Development,
  excerpt from a speech given at the April 1997 Nation Building Conference
• A Nation's Commercial Banks and Central Bank are Reflections of Each Other, International Conference on Russian Banking, 1994
  

Annual Report Essays

2007 — Managing the Expanded Safety Net

1995 — Formulating a Consistent Approach to Monetary Policy

1992 — Banking's Middle Ground: Balancing Excessive
            Regulation and Taxpayer Risk

1987 — Achieving Economic Stability: Lessons From the Crash of 1929

1986 — The Unpleasant Arithmetic of Budget and Trade Deficits

1985 — The Fed's Money Supply Ranges:
            Still Useful After All These Years

1984 — The Transition to Low Inflation: Progress and Pressures

Quarterly Review

• Avoiding Significant Monetary Policy Mistakes, December 2004

Editorials

• Y2K and Your Money, fedgazette, July 1999
• Do We Know Enough About Economics?, fedgazette,
  January 1999
• Can the U.S. Economy Weather World Storms?, fedgazette, November 1998
• Banking As We Know It, fedgazette, July 1998
• Government, banks should share risk of failure, Star Tribune, April 16, 1998 (also appeared in The Wall Street Journal, April 11, 1998, under the title “Risky Mergers”)
• Deposit Insurance, Too-Big-To-Fail and Small Banks,
  fedgazette, April 1998
• Suspending Disbelief: Low Incomes Do Not Mean High Defaults, fedgazette, January 1994
• The Economy & Monetary Policy (testimony to Senate Banking Committee), fedgazette, April 1993