Search Results
Discussion Paper
A consumer inertia model of entry deterrence
Discussion Paper
A comparison of direct deposit and check payment costs
Conference Paper
May you live in interesting times: the sequel
Journal Article
The case for TIPS: an examination of the costs and benefits
Slightly more than a decade has passed since the introduction of the Treasury Inflation-Protected Securities (TIPS) program, through which the U.S. Treasury Department issues inflation-indexed debt. Several studies have suggested that the program has been a financial disappointment for the Treasury and by extension U.S. taxpayers. Relying on ex post analysis, the studies argue that a more cost-effective strategy remains the issuance of nominal Treasury securities. This article proposes that evaluations of the TIPS program be more comprehensive, and instead focus on the ex ante costs of TIPS ...
Speech
New York City’s return from the brink: remarks at the Lotos Club, New York City
Remarks at the Lotos Club, New York City.
Speech
Panel remarks at the 7th High-Level Conference on the International Monetary System, Zürich, Switzerland, May 2016
Remarks at the 7th High-Level Conference on the International Monetary System, Zrich, Switzerland.
Speech
What the euro crisis means for taxpayers and the U.S. economy
Testimony before the Subcommittee on TARP, Financial Services and Bailouts of Public and Private Programs, Committee on Oversight and Government Reform, U.S. House of Representatives.
Speech
U.S. experience with bank stress tests
Based on remarks at the Group of 30 plenary meeting, Bern, Switzerland.
Speech
Is the active use of macroprudential tools institutionally realistic?
Panel remarks at the Macroprudential Monetary Policy Conference, Federal Reserve Bank of Boston, Boston, Massachusetts.
Speech
The U.S. economic outlook and implications for monetary policy
Remarks at the People?s Bank of China-Federal Reserve Bank of New York Joint Symposium, Hangzhou, Zhejiang, China.