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Series:FRBSF Economic Letter 

Journal Article
Financial modernization and regulation

FRBSF Economic Letter

Journal Article
What explains capital flows?

FRBSF Economic Letter

Journal Article
Financial crises in emerging markets

This Economic Letter briefly reviews 11 papers that provide analytical perspectives and new empirical evidence on the causes of these crises as well as the appropriate policy responses. These papers, prepared for a conference sponsored by the Federal Reserve Bank of San Francisco?s Center for Pacific Basin Monetary and Economic Studies, have been collected in Financial Crises in Emerging Markets (edited by R. Glick, R. Moreno, and M. Spiegel), published in 2001 by Cambridge University Press.
FRBSF Economic Letter

Journal Article
International policy coordination

FRBSF Economic Letter

Journal Article
The baby boom, the baby bust, and asset markets

FRBSF Economic Letter

Journal Article
Productivity in the Twelfth District

FRBSF Economic Letter

Journal Article
Understanding deflation

This Economic Letter examines the distinct features of deflation, discusses why it is a matter of concern to the public and to policymakers in general, and looks at the recent experience of the inflation and deflation in the U.S. and other countries.
FRBSF Economic Letter

Journal Article
Evaluating Monetary Policy with Inflation Bands and Horizons

Inflation targeting has become the dominant way countries approach setting monetary policy goals. However, central banks differ in how they conduct that policy and how they evaluate their success in meeting a stated inflation goal. A new assessment method combines a percentage range around a target, known as an inflation tolerance band, with central banks stating how long it will take for high or low inflation to return to that range, known as a time horizon. Comparing previously projected horizons with realized horizons can be used to evaluate policy success.
FRBSF Economic Letter , Volume 2023 , Issue 05 , Pages 6

Journal Article
M1 and monetary policy

FRBSF Economic Letter

Journal Article
Small California banks holding on

FRBSF Economic Letter

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