Search Results
Speech
Remarks at Conference on Successful Strategies for Financial Literacy and Education
Remarks by Charles L. Evans, President and Chief Executive Officer, Federal Reserve Bank of Chicago Federal Reserve Bank of Chicago Chicago, IL
Working Paper
Nominal rigidities and the dynamic effects of a shock to monetary policy
We present a model embodying moderate amounts of nominal rigidities which accounts for the observed inertia in inflation and persistence in output. The key features of our model are those that prevent a sharp rise in marginal costs after an expansionary shock to monetary policy. Of these features, the most important are staggered wage contracts of average duration three quarters, and variable capital utilization.
Speech
Welcoming Remarks: Thirteenth Annual International Banking Conference
Welcoming remarks delivered by Charles Evans before the Thirteenth Annual International Banking Conference on September 23, 2010, in Chicago, IL.
Speech
Corridor Economic Forecast Luncheon Speech
Charles L. Evans, President and Chief Executive Officer, Federal Reserve Bank of Chicago. A speech delivered on January 13, 2010 in Corridor, IA
Journal Article
Soft landings on a bumpy runway
Our case study of the 1995 economic slowdown reveals that part of the widespread deterioration in economic indicators was predictable in light of 1994 monetary policy actions. But it was also partly unanticipated due to a modest adverse supply shock in the first quarter of 1995.
Newsletter
What are the implications of rising commodity prices for inflation and monetary policy?
The recent run-ups in oil and other commodity prices and their implications for inflation and monetary policy have grabbed the attention of many commentators in the media. Clearly, higher prices of food and energy end up in the broadest measures of consumer price inflation, such as the Consumer Price Index. Since the mid-1980s, however, sharp increases and decreases in commodity prices have had little, if any, impact on core inflation, the measure that excludes food and energy prices.
Working Paper
Productivity shocks and real business cycles
Speech
IL Wesleyan University Associates Business Luncheon
Remarks for the IL Wesleyan University Associates Business Luncheon, May 14, 2010 Bloomington, IN
Speech
Should Monetary Policy Prevent Bubbles
Remarks by Charles L. Evans, President and Chief Executive Officer, Federal Reserve Bank of Chicago Conference Banque de France - Federal Reserve Bank of Chicago "Asset Price Bubbles and Monetary Policy" Paris, France