More significantly, we hope that you will learn from your own papers and those of others. There are areas of economics where there is alleged to be a wide gap between economic research and real world policy decisions. Whatever the case elsewhere in economics, this is not true of monetary policy, monetary economics, or even macroeconomics.
Here there is a relatively short distance--many of the questions that you will be dealing with in the next two days are those that my colleagues in the ECB, the banks of Australia, Canada, England, Japan, and on down the list, and the Fed deal with.