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Summarizes the papers presented at a conference on “Fiscal and Monetary Policy” held at the Federal Reserve Bank of San Francisco in California on March 4 and 5, 2005, and provides a list of those papers at http://www.frbsf.org/economics/conferences/0503/index.html.

Summarizes the papers presented at the economic conference 'Nominal Rigidities' held in San Francisco, California. Construction of models concerning the effects of change in monetary policy on economy; Proposition regarding the conduction of monetary policy under Friedman rule; Flexibility of prices results highly volatile inflation rates.

Presents a summary on the paper presented at the 'Asset Prices, Exchange Rates, and Monetary Policy' conference held at Stanford University in California. Steps in understanding the guidelines of the Central Bank on asset prices; Analysis on the forecasting ability of asset prices for inflation and output; Use of asset prices for policymakers.