Event Summary
Registration for this event is now closed.
Notwithstanding the large volume of high quality macroeconomic data published by the U.S. Department of Commerce’s Bureau of Economic Analysis (BEA) and other government agencies, our nation continues to face important challenges associated with the measurement of our standard of living and turning points in our economy. For example, the recent recession has highlighted important measurement issues in the financial and housing areas. In addition, the National Income and Product Accounts continue to lack comprehensive metrics of the contributions to economic activity from innovation and entrepreneurial activity, although the BEA and allied government and private sector organizations are moving ahead to address these shortcomings through the incorporation of more information on innovation and entrepreneurship.
Event Information
When
Tuesday, November 17, 2009
9:30 AM to 4:00 PM
Where
Allison Auditorium
The Heritage Foundation
214 Massachusetts Ave., NE
Washington, DC
Map
Contact: The Heritage Foundation
Phone: 202.675.1752
On November 17, a day-long conference co-sponsored by Brookings and the Heritage Foundation will explore the measurement challenges associated with the recession, particularly in the financial and housing sectors; how innovation can become a standard component of our national accounting system, and how incorporating innovation metrics will aid the development of a unified picture of the sources of growth and economic disruption.
Participants
9:45-10:00 AM -- Opening Remarks
Vice President and Co-Director, Economic Studies
William Beach
Director, Center for Data Analysis, The Heritage Foundation
10:00-11:00 AM -- Panel One: Monitoring Recession and Recovery
Alan Krueger
Assistant Secretary for Economic Policy, U.S. Department of the Treasury
Marshall Reinsdorf
Senior Research Economist, Bureau of Economic Analysis, U.S. Department of Commerce
Paul Smith
Senior Economist, Federal Reserve Board
Vice President and Co-Director, Economic Studies
11:15-12:30 AM -- Panel Two: Measuring Innovation and Change
Rebecca Blank
Undersecretary, Economics and Statistics Administration, US Department of Commerce
Steven Landefeld
Director, Bureau of Economic Analysis, US Department of Commerce
Donald Marron
Lightyear Capital
Mark Doms
Senior Economist, Economics and Statistics Administration
1:30-2:30 PM -- Panel Three: Bringing Innovation into the U.S. Economic Accounts
Michael Harper
Associate Commissioner for Productivity and Technology, Bureau of Labor Statistics, US Department of Labor
Dennis Fixler
Bureau of Economic Analysis
E.J. Reedy
The Kauffman Foundation
2:45-3:45 PM -- Panel Four: Integrating Statistics: Developing a Unified Picture of the Sources of Growth and Disruptions
Brent Moulton
Associate Director for National Economic Accounts, Bureau of Economic Analysis
Brian Moyer
Associate Director for Industry Economic Accounts, Bureau of Economic Analysis
Michael Harper
Bureau of Labor Statistics
Senior Fellow, Economic Studies
3:45-4:00 PM -- Wrap-Up
Dale Jorgenson
Samuel W. Morris University Professor, Harvard University