Chris Sims addressed Central Bankers at Jackson Hole
Chris Sims, John J. F. Sherrerd '52 Professor of Economics at Princeton and Economics Noble Laureate, gave the Luncheon address at this year's Economic Symposium at Jackson Hole. The theme of the symposium was "Designing Resilient Monetary Policy Frameworks for the Future." He advocated for increased government spending to accelerate growth and warned that the focus on innovative monetary policy was distracting from the need to take action on the fiscal front. You can read his remarks here and find all the symposium materials here. The symposium is hosted every year by the Federal Reserve Bank of Kansas City and brings together central bankers, policymakers, academics and economics from around the world to discuss important and timely issues.