Dear Penlrs,
I've just been hired as research and education director of Tom
Schlesinger's new & improved outft, the Financial Markets Center (formerly
the Southern Finance Project). We're kicking off this contest for grad
students, and I'd greatly appreciate it if you could repost it to any list
you think appropriate. Also, any grad student who's interested in the
contest should email me so I can get in touch with more details.
Thanks,
Anders Schneiderman
Financial Markets Center
[EMAIL PROTECTED]
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PLEASE REPOST
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REEGINEERING THE FEDERAL RESERVE SYSTEM:
A JURIED AWARD FOR GRADUATE STUDENTS
The Financial Markets Center is sponsoring a juried contest for graduate
and post-graduate students on the subject of central bank reform. The
winning entry will receive a cash award of $2,500 and will be published by
the Center. The contest is open to law school students as well as students
in graduate programs in finance, economics, public policy, government and
other relevant areas.
BACKGROUND ON THE HENRY B. GONZALEZ AWARD: Today, the Federal Reserve
confronts a host of challenges to its authority and effectiveness including
the rapid growth of nonbank financial intermediaries, globally
interconnected asset markets and privately issued digital money. The Fed
faces these challenges with an institutional structure that has long
resisted change as well as a lack of openness and accountability unique in
America's system of self-government.
The Gonzalez Award seeks to promote institutional reforms that make the
central bank more open, accountable and effective. Entries may be sweeping
in scope or focused on a specific aspect of the Fed's structure,
governance, operations, staffing, culture or statutory authority. In all
cases, papers must demonstrate convincingly how the proposed institutional
reforms would result in a more democratic central bank better equipped to
foster full employment, price stability and financial soundness.
The Gonzalez Award honors the service of Representative Henry B. Gonzalez,
a tireless champion of democratic change at the Federal Reserve.
ELIGIBILITY: The contest is open to students enrolled in law school or
graduate programs in finance, economics, government, public policy and
related fields. Entrants must submit a statement from their department
that describes their current standing.
THE AWARD: The winner of the Gonzalez award will receive a stipend of
$2,500. The award-winning paper will be published by the Financial Markets
Center and circulated widely to the media and policy community.
REVIEW PROCESS: Entries will be reviewed by a distinguished panel of
monetary experts chaired by Professor James K. Galbraith (LBJ School of
Public Affairs, University of Texas).
LENGTH AND FORMAT: Entries should be no longer than 15,000 words, not
including footnotes, endnotes and references. Preference will be given to
clearly written entries accessible to a broad variety of audiences.
DEADLINE: Entries must be postmarked by March 27, 1998. The award will be
announced by May 1, 1998.
HOW TO ENTER: Send two copies of the paper to: Gonzalez Award, Financial
Markets Center, PO Box 334, Philomont, VA 20131. Please include a
statement from your department that describes your current standing.
ABOUT THE FINANCIAL MARKETS CENTER: Founded in 1997, the Financial Markets
Center is a nonprofit institute that provides research, policy and
education resources to grassroots organizations, trade unions,
policymakers, journalists and others interested in financial markets and
the Federal Reserve System. The Center produces periodic reports on issues
in monetary policy and financial regulation, sponsors workshops and
conferences and publishes a newsletter, FOMC Alert, which monitors the
Federal Reserve.
FOR MORE INFORMATION: Contact Anders Schneiderman at the Financial Markets
Center, (540) 338-5286 or [EMAIL PROTECTED]
