Speech
Economic Uncertainty and the Evolution of Monetary Policymaking: A speech at the International Research Forum on Monetary Policy, Washington, D.C., April 16, 2024
Jefferson, Philip N. (2024-04-16)
Speech

Speech
Discussion of the Paper "Managing Disinflations" by Stephen G. Cecchetti, Michael E. Feroli, Peter Hooper, Frederic S. Mishkin, and Kermit L. Schoenholtz: a speech at the U.S. Monetary Policy Forum, New York, New York, February 24, 2023
Jefferson, Philip N. (2023-02-24)
Speech

Speech
Research and Statistics Centennial Anniversary: Past, Present and Future: A Speech at A Look at the Past, Present, and Future," a conference celebrating the Centennial of the Division of Research and Statistics, Board of Governors of the Federal Reserve System, Washington, D.C., November 8, 2023
Jefferson, Philip N. (2023-11-08)
Speech

Speech
U.S. Economic Outlook and Monetary Policy Transmission: A speech Beyond the Business Cycle: Adapting to a New Global Paradigm" 65th Annual Meeting of the National Association for Business Economics, Dallas, Texas, October 09, 2023
Jefferson, Philip N. (2023-10-09)
Speech

Speech
Financial Stability and the U.S. Economy, A speech at the 22nd Annual International Conference on Policy Challenges for the Financial Sector, Washington, D.C., May 31st 2023
Jefferson, Philip N. (2023-05-31)
Speech

Speech
U.S. Economic Outlook and Housing Price Dynamics: A speech at the Mortgage Bankers Association’s Secondary and Capital Markets Conference and Expo 2024 New York, New York., May 20, 2024
Jefferson, Philip N. (2024-05-20)
Speech

Working Paper
'Home' base and monetary base rules: elementary evidence from the 1980s and 1990s
Jefferson, Philip N. (1997)
This paper evaluates the quantitative importance of removing U.S. currency held abroad from the monetary base. We find that a simple macroeconometric model that uses home base has more explanatory power for changes in nominal income than a model using the total base. Moreover, proposed base rules for the conduct of monetary policy perform better when the model for home base is employed. The evidence from our elementary exercises suggests that accounting for foreign holdings of U.S. currency may also be important in other contexts.
Finance and Economics Discussion Series , Paper 1997-21

Speech
Recent Inflation and the Dual Mandate: a speech at the Ec10, Principles of Economics, Lecture, Faculty of Arts and Sciences, Harvard University, Cambridge, Massachusetts, February 27, 2023.
Jefferson, Philip N. (2023-02-27)
Speech

Speech
Opening Remarks: A speech at the 18th Central Bank Conference on the Microstructure of Financial Markets, Board of Governors of the Federal Reserve System, Washington, D.C. , October 19, 2023
Jefferson, Philip N. (2023-10-19)
Speech

Speech
Communicating about Monetary Policy: A speech at Central Bank Communications: Theory and Practice,” a conference hosted by the Federal Reserve Bank of Cleveland, Cleveland, Ohio., May 13, 2024
Jefferson, Philip N. (2024-05-13)
Speech