Conference on the Law and Economics of Federalism

University of Minnesota Law School and
Federal Reserve Bank of Minneapolis
May 2-3, 1997
 
Friday, May 2
8:30 a.m. Continental breakfast
9:15 a.m. Welcome and opening remarks
  E. Thomas Sullivan, University of Minnesota Law School
9:30 a.m. Session 1: Legal and Historical Overview
  Presenter: Barry Friedman, Vanderbilt University School of Law
“The Values of Federalism”
10:15 a.m. Session 2: Overview of Economic Issues
  Presenter: Barry Weingast, Stanford University
Self-Enforcing Federalism: Solving Federalism’s Two Fundamental Dilemmas” (with Rui de Figueiredo, Jr.)
11:00 a.m. Coffee break
11:15 a.m. Session 3: Economic Development Without a Commerce Clause
  Presenter: Alwyn Young, Boston University
The Razor’s Edge: Distortions and Incremental Reform in the People’s Republic of China
  Discussant: V. V. Chari, Federal Reserve Bank of Minneapolis and University of Minnesota
12:15 p.m. Luncheon
1:15 p.m. Session 4: Constitutional Issues I: The Commerce Clause and Interstate Competition
  Presenter: Walter Hellerstein, University of Georgia School of Law
Commerce Clause Restraints on State Tax Incentives
  Discussant: Melvin Burstein, Federal Reserve Bank of Minneapolis
2:00 p.m. Session 5: Trade Taxation and Investment
  Presenter: Richard Rogerson, Federal Reserve Bank of Minneapolis and University of Minnesota
Education Finance Reform and Investment in Human Capital: Lessons from California” (with Raquel Fernandez)
  Discussant: Roderick Kiewiet, California Institute of Technology
2:45 p.m. Coffee break
3:00 p.m. Session 5 resumes
  Presenter: Richard Briffault, Kennedy School of Government, Harvard University, and Columbia Law School
“Sublocal Strategies in Urban Development”
  Discussant: Edward Foster, University of Minnesota
5:30 p.m. Cocktail reception
6:30 p.m. Dinner
  Keynote speaker: Edward Prescott, Regents’ Professor of Economics, University of Minnesota, and Federal Reserve Bank of Minneapolis
   
Saturday, May 3
8:30 a.m. Continental breakfast
9:15 a.m. Session 6: Constitutional Issues II: The Law and Economics of Interjurisdictional Competition
  Presenter: Thomas Holmes, Federal Reserve Bank of Minneapolis and University of Minnesota
Industrial Policy and Competing Jurisdictions
  Discussant: Harold Cole, Federal Reserve Bank of Minneapolis
10:00 a.m. Coffee break
10:15 a.m. Session 6 resumes
  Presenters: Glenn Platt, Miami University
An Efficient War Between the States: A Model of Site Location Decisions Under Asymmetric Information
  Richard Revesz, New York University School of Law
Federalism and Environmental Regulation: A Normative Critique
  Discussant: Arthur Rolnick, Federal Reserve Bank of Minneapolis
12:00 p.m. Luncheon
1:00 p.m. Session 7: Strategic and Public-Choice Aspects of Policy Coordination
  Presenters: Clayton Gillette, University of Virginia School of Law
A Skeptical View of Federal Constraints on State Business Incentives
  Jenna Bednar, University of Southern California Law School and Stanford University
Federalisms: Unstable by Design
  Discussant: Daniel Farber, University of Minnesota Law School
2:30 p.m. Final remarks
  Jim Chen, University of Minnesota Law School, and Melvin Burstein, Federal Reserve Bank of Minneapolis
3:00 p.m. Conference adjourns

 

 
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