Conference on the Themes of Economics

Celebration of Irving Fisher on the Occasion of the 50th Anniversary of His Death

May 8-9, 1998

Sponsored by: The Cowles Foundation and The Department of Economics

9:00 SESSION 1. Index Number Theory Using Differences Rather than Ratios
    Speaker: W. Erwin Diewert, University of British Columbia
    Discussants: Matt Shapiro, University of Michigan & Ariel Pakes, Yale University
10:45 SESSION 2. Taxing Consumption Rather than Income
    Speakers: John Shoven, Stanford University and John Whalley, University of Western Ontario
    Discussants: Alan Auerbach, University of California, Berkeley & Michael Graetz, Yale University
1:30 Tour of Fisher Collection in the Yale Archives
1:45 SESSION 3. Monetary Institutions and Policies: Rules, Instruments, Goals
    Speaker: Robert E. Hall, Stanford University
    Discussants: James Tobin, Yale University & Martin Shubik, Yale University
4:30 SESSION 4. How to Compute Equilibria in 1892
    Speakers: William C. Brainard, Yale University and Herbert E. Scarf, Cowles Foundation
    Discussants: Donald Brown, Yale University & Katepalli Sreenivasan, Yale University
7:00 Cocktails & Dinner, Graduate Club
    Irving Fisher of Yale — William Barber, Editor of The Works
9:00 SESSION 5. Econometric Analysis of Fisher’s Equation
    Speaker: Peter C.B. Phillips, Cowles Foundation
    Discussants: John Rust, Yale University & Christopher Sims, Yale University
10:45 SESSION 6. The Rate of Interest, Incomplete Markets, Indexed Bonds and Social Security
    Speaker: John Geanakoplos, Cowles Foundation
    Discussants: Robert Shiller, Cowles Foundation & Peter Diamond, MIT
1:45 SESSION 7. Wealth and Health: The Contribution of Improved Health Status to Living Standards
    Speaker: William Nordhaus, Yale University
    Discussants: Robert Dimand, Brock University & T.N. Srinivasan, Yale University
3:30 SESSION 8. Promoting the Population’s Health: The Role of Government
    Speaker: Victor Fuchs, Stanford University
    Discussants: Alan Feinstein, Yale University & Richard Zeckhauser, Harvard University, Kennedy School