ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846
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Hot Air from Jackson Hole

The 2013 Jackson Hole symposium lacked the star power of earlier years with US Federal Reserve Chairman Ben Bernanke and European Central Bank President Mario Draghi keeping away. From the viewpoint of developing economies, the most relevant paper was presented by Helene Rey of the London Business School. She not only raised critical issues generally glossed over by neoclassical and monetarist economists, but also cautioned against the hegemonic role of the Fed.

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