| University of Minnesota Law School and Federal Reserve Bank of Minneapolis May 2-3, 1997 |
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| 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” |
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| 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.) |
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| 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” |
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| 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” |
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| 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) |
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| 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” |
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| 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” |
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| 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” |
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| Richard Revesz, New York University School of Law “Federalism and Environmental Regulation: A Normative Critique” |
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| 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 ” |
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| Jenna Bednar, University of Southern California Law School and Stanford University “Federalisms: Unstable by Design” |
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| Discussant: Daniel Farber, University of Minnesota Law School | |
| 2:30 p.m. | Final remarks |
| Jim Chen, University of Minnesota Law School, andMelvin Burstein, Federal Reserve Bank of Minneapolis | |
| 3:00 p.m. | Conference adjourns |