The Federal Reserve Bank of New York works to promote sound and well-functioning financial systems and markets through its provision of industry and payment services, advancement of infrastructure reform in key markets and training and educational support to international institutions.
The Outreach & Education function engages, empowers and educates the public in the Second District. Our outreach mission furthers the Bank’s commitment to the region by listening to the communities we serve and developing programs, analysis and sponsored conferences and clinics to help meet their needs. Our education mission aims to advance public knowledge about the Federal Reserve System and its role in the economy.
Inflation-Indexed Securities and Inflation Risk Management
February 10, 2009
Overview Inflation-indexed securities such as TIPS have become increasingly important instruments for investors, policy makers, and treasury departments. Moreover, the market in inflation derivatives has been growing. While TIPS are young compared to inflation-indexed markets in some other countries, data on TIPS now provide researchers with a history spanning over a decade, allowing deeper analysis of fundamental questions in macro-finance, pricing, and risk management. The conference brings together experts in inflation pricing and hedging, inflation-indexed issuer asset-liability management, and macroeconomics. A highlight of the conference will be the panel consisting of leading academics, current and former Federal Reserve and Treasury officials, and practitioners, discussing the welfare implications of inflation-protected securities.
Audience The conference is open to academics, market participants, and other researchers in the field of economics. It is closed to the media.