9:30-10:45 AMCONCURRENT SESSIONS IIIA. The Impact of Changing InternationalTrade on Mature U.S. IndustriesThis session will address the question: “Whatdoes the increasingly global economicenvironment mean for regional growth and theautomotive and transportation industries?”Catherine L. Mann, Chair, InternationalRoundtable/Senior Fellow, Institute forInternational Economics, moderator“Impact on U.S. Regional/Industry Growth”Steven G. Cochrane, Managing Director,Economy.com“Impact on the Global Automobile Industry”Michael Robinet, Vice President, GlobalForecast Services, CSM Worldwide“Impact on U.S. Freight Flows—Ports, Rail,Trucking”Patrick Casey, Director, Business Forecastingand Planning, TTX CompanySponsor: International RoundtableB. Consumer-oriented Health Economics:Past, Present, and FutureRobert F. Graboyes, Visiting AssociateProfessor, University of Richmond, moderator"Blue Cross Blue Shield Plans and theConsumer-Directed Marketplace"James F. Rodgers, Senior ResearchExecutive, Blue Cross Blue Shield Association"Hedging Chaotic Private Health InsuranceMarkets and the Uninsured"James A. Hayes, Consultant, New MexicoDebra Gold, Chicago Office Leader, MercerHealth and Benefits, Mercer Human ResourcesConsultingSponsor: Health Economics RoundtableC. Contributed Papers SessionWinners of the sixth annual contributed paperscompetition will present their papers. Watch foran announcement in IdeaLink and onwww.nabe.com.Robert T. Crow, Editor, Business Economics,moderator11:15 -11:45 AM<strong>NABE</strong> PRESIDENTIAL ADDRESS<strong>NABE</strong> President Rosemary Marcuss gives the47th annual presidential address.Stuart G. Hoffman, <strong>NABE</strong> VicePresident/Chief Economist, PNC FinancialServices Group, presidingRosemary D. Marcuss, <strong>NABE</strong>President/Deputy Director, Bureau ofEconomic Analysis11:45AM-1:30 PMLUNCHEONSPONSOR: GLOBAL INSIGHTAdam Smith Award AddressThe <strong>NABE</strong> 24th annual Adam Smith AddressLecture will be given by Dale W. Jorgenson,Samuel W. Morris University Professor at HarvardUniversity. Jorgenson has conductedgroundbreaking research on informationtechnology and economic growth, energy and theenvironment, tax policy and investment behavior,and comparative economic growth amongnations. His collected papers are available in tenvolumes published by MIT Press. Jorgenson’sforthcoming book, Information Technology andthe American Growth Resurgence, with Mun Hoand Kevin Stiroh, is his most recent effort toquantify the effect of information technology onthe U.S. economy. A subsequent book willpresent the first full integration of U.S. officialstatistics on production, productivity, investment,and financial flows.Jorgenson was awarded the AmericanEconomic Association (AEA) prestigious JohnBates Clark Medal, for which the citation reads inpart: “. . . he is preeminently a master of theterritory between economics and statistics, whereboth have to be applied to the study of concreteproblems.” Jorgenson served as President ofAEA in 2000 and has held many other topuniversity and professional positions.Rosemary D. Marcus, <strong>NABE</strong>President/Deputy Director, Bureau ofEconomic Analysis, presidingDale W. Jorgenson, Samuel W. MorrisUniversity Professor, Harvard University1:30-2:30 PMCEO RoundtableHow does a bank deal with issues in aconsolidating environment and with overseasbranches? How does an organization build abusiness launched by deregulation, but stillinfluenced by regulation, and with hundreds ofplayers? The CEOs will respond to thesequestions and explain how firms respond tocompetitive challenges.Carl R. Tannenbaum, Chief Economist,LaSalle Bank, moderatorNorman R. Bobins, President and CEO,LaSalle Bank CorporationChristopher Lofgren, President and CEO,Schneider National, Inc.Sponsor: LaSalle Bank/ABN AMRO N.A.3:00-4:00 PMEntitlements ReformThe panelists will address the question, “How doyou build or reform a retirement system with agrowing, aging population?”Steve Kerch, Personal FinanceReporter/Real Estate Editor, MarketWatch,moderatorThomas R. Saving, Trustee, Social Securityand Medicare Trust Funds/Professor ofEconomics, Texas A & M UniversityJohn C. Rother, Director of Policy andStrategy, AARP4:15-5:30 PMCONCURRENT SESSIONS IVSessions to be announced4ReceptionsThe receptions provide the perfectopportunity to exchange ideas and discussthe issues of the day.Sunday, September 25, 20055:30-7:00 PMWELCOME RECEPTIONFederal Reserve Bank of ChicagoRenew acquaintances and meet newcontacts at one of Chicago’s landmarkbuildings. In the Chicago Fed VisitorsCenter, you can see what a million dollarslooks like in a rotating cube and try yourskill at detecting actual counterfeits.Monday, September 26, 20056:00-7:30 PMNETWORKING RECEPTIONAfter a long day of professional education,join colleagues and friends in the hotel forhors d’oeuvres and your favorite beverage.Join in a planned musical jam session.Sponsor: Chicago Mercantile Exchange5:30-6:00 PM<strong>NABE</strong> BUSINESS MEETINGMeet the new <strong>NABE</strong> board of directors andofficers of the <strong>NABE</strong> Roundtables. Learn whatwe’ve accomplished over the past year. Helpplan for the future and shape your professionalassociation.Tuesday, September 27, 20057:15-8:45 AMBREAKFASTSPONSOR: FEDEX CORPORATIONThe chair of President Bush’s Council ofEconomic Advisers will brief us on his views of
economic policy and where the U.S. economy isheaded.Ben S. Bernanke, Chair, Council ofEconomic Advisers9:00-10:15 AMCONCURRENT SESSIONS VA. Labor Force ProgramPanelists will look at alternative ways to findand hire workers, including job postings throughthe Internet, now that there are few helpwantedads. They will address finding and usingtemporary help and explain the employmentnumbers we don’t get through the BLS.Steve Liesman, Senior Economic Reporter,CNBC, moderatorDavid Rosa, Senior Vice President, GlobalBrand Manager, Monster Worldwide, Inc.Tracy Shilobrit, Director, Corporate andGlobal Communications, Manpower, Inc.B. International Raw Materials PricesThe session will cover global raw materialsissues including the European perspective andChina’s influence as an elephant. This sessionwill be particularly helpful to those advisingpurchasing managers or wanting to gain adeeper understanding of issues driving rawmaterials prices.Charles L. Evans, Senior Vice President& Director of Research, Federal ReserveBank of ChicagoHeinz-Jurgen Buchner, Vice President, IKBDeutsche Industriebank AGRon Krupitzer, Senior Director, AmericanIron and Steel AssociationSponsor: Manufacturing RoundtableC. NBER Session“Financing Retirement: Key Issues”In this traditional annual meeting session,panelists from the National Bureau of EconomicResearch will review the recent research inpensions, 401Ks, and defined benefit vs. definedcontribution programs.Andrew A. Samwick, Professor ofEconomics, Dartmouth College/former ChiefEconomist, Council of Economic AdvisersDavid A. Wise, Professor of PoliticalEconomy, Harvard UniversitySponsor: National Bureau of EconomicResearch10:45 AM-12:00 PMCONCURRENT SESSIONS VIA. Youth Human Capital and EconomicGrowthFuture growth and competitiveness dependdirectly on current human capital development.This session will examine the most recentfindings.Robert H. Dugger, Managing Director,Tudor Investment Corporation, moderatorJames J. Heckman, Professor ofEconomics, University of Chicago,Nobel Laureate in EconomicsArthur Rolnick, Senior Vice President& Director of Research, FederalReserve Bank of MinneapolisRoss Thompson, Professor of Psychology,University of California at DavisSponsor: PNC Financial Services GroupB. Evolution of Financial MarketsThe panelists will focus on the changing natureof financial markets, including how we financebusiness activity and the role of the U.S. SEC.Randall S. Kroszner, Professor ofEconomics, Graduate School of Business,University of ChicagoPaul S. Atkins, Commissioner, U.S.Securities and Exchange CommissionC. Perspectives on the European FinancialMarketsEurope is off to a weak start in 2005. Speakerswill discuss whether the Euro area can get offthe two-percent growth path.Hubert Fromlet, Chief Economist,Swedbank, moderator“Euroland: Slow Growth As Far Asthe Eye Can See”Joachim Scheide, Professor, Kiel Instituteof World Economics/Head, Business Cycleand Forecasting Department“Asset Prices and Monetary Policy inEurope”John Calverly, Chief Economist andStrategist, American Express, LondonSponsor: Swedbank and NabeEurope12:15-1:45 PMSPONSOR: FACTSETLUNCHEONSpeaker TBA1:45-2:45 PMThe Chairman of the Federal Reserve Systemand a former <strong>NABE</strong> President will provide hisviews on the economy.Alan Greenspan, Chairman, FederalReserve SystemLive address via satellite3:00 –4:30 PMVisit to Chicago Mercantile ExchangeSee page 6 for details.Sponsor: Technology Roundtable▼InvitedExhibitorsOur exhibitors are brimming with freshideas and innovative solutions. Meet withrepresentatives from the leadingcompanies that provide resources forprofessionals who use economics in theworkplace. (List below as of July 1, 2005.)Economic Intelligence Unit212-554-0600Lynne ClementLynne.clement@eiu.comwww.eiu.comEconomy.com610-235-5000Heather Elyhely@economy.comwww.economy.comGlobal Insight800-933-3374Daria E. Greeleyinfo@globalinsight.comwww.globalinsight.comHaver Analytics212-986-9300Maurine Havermaurine@haver.comwww.haver.comMacroeconomic Advisers314-721-4747Debbie Casoncason@macroadvisers.comwww.macroadvisers.comQuantum4D (Presidio Labs, Inc.)415-962-8321Michael Warnermichael@quantum4d.comwww.quantum4d.comSociety for Human ResourceManagement (SHRM)703-548-3440Lisa Dienershrm@shrm.orgwww.shrm.orgU.S. Bureau of the Census301-763-2547Robert Marskermarske@census.govwww.census.govU.S. Bureau of Economic Analysis202-606-9687Robert Wehausenrobert.wehausen@bea.govwww.bea.govU.S. Bureau of Labor Statistics202-691-7890Vanessa Newtonnewton.vanessa@bls.govwww.bls.gov5