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Journal Article
Japan as a role model?
Anderson, Richard G. (2013)
Some analysts, noting Japan's continued slow deflation, assert that Japan is trapped in a slow-growth, deflationary equilibrium. Former Governor Shirakawa argued that Japan had "gotten out"?at least when judged by the growth of real GDP.>
Economic Synopses

Working Paper
A two-sector model of endogenous growth with leisure externalities
Lu, Chia-Hui; Azariadis, Costas; Chen, Been-Lon; Wang, Yin-Chi (2012)
This paper considers the impact of leisure preference and leisure externalities on growth and labor supply in a Lucas [12] type model, as in Gmez [7], with a separable non-homothetic utility and the assumption that physical and human capital are both necessary inputs in both the goods and the education sectors. In spite of the non-concavities due to the leisure externality, the balanced growth path is always unique, which guarantees global stability for comparative-static exercises. We find that small differences in preferences toward leisure or in leisure externalities can generate ...
Working Papers , Paper 2012-045

Speech
The recovery’s final frontier?
Williams, John C. (2015-08-15)
Presentation to the Mesa Chamber of Commerce Mesa, Arizona, July 15, 2015
Speech , Paper 150

Working Paper
Productivity and potential output before, during, and after the Great Recession
Fernald, John G. (2012)
This paper makes four points about the recent dynamics of productivity and potential output. First, after accelerating in the mid-1990s, labor and total-factor productivity growth slowed after the early to mid 2000s. This slowdown preceded the Great Recession. Second, in contrast to some informal commentary, productivity performance during the Great Recession and early in the subsequent recovery was roughly in line with previous experience during deep recessions. In particular, the evidence suggests substantial labor and capital hoarding. During the recovery, measures of factor utilization ...
Working Paper Series , Paper 2012-18

Conference Paper
Fostering a Dynamic Global Economy : Economic Policy Symposium, Jackson Hole, Wyoming, August 24-26, 2017
Kansas City, Federal Reserve Bank (2017)
Proceedings - Economic Policy Symposium - Jackson Hole

Speech
The recovery’s final frontier?
Williams, John C. (2015-08-08)
Presentation to International Conference of Commercial Bank Economists, Los Angeles, California, July 8, 2015
Speech , Paper 141

Conference Paper
Achieving maximum long-run growth: an introduction to the 2011 Economic Policy Symposium
Knotek, Edward S. (2011)
Proceedings - Economic Policy Symposium - Jackson Hole

Journal Article
What we don't know about innovation: We know innovation is important - but do we know how to make it happen?
Romero, Jessica Sackett (2012-01)
Related links: https://www.richmondfed.org/-/media/richmondfedorg/publications/research/econ_focus/2012/q1/cover_weblinks.cfm
Econ Focus , Volume 16 , Issue 1Q , Pages 12-16

Speech
Buy a ticket! (with reference to the Strauss Brothers, Ambassador Mike Moore, Kenneth Arrow, financial sharpies, Martin Luther King Jr. and Gov. Dewey)
Fisher, Richard W. (2011)
Remarks before the Dallas Friday Group, Dallas, Texas, October 21, 2011 ; "Absent some shock, I envision a slow but steady improvement in the economy into 2012. That is, if our fiscal authorities will remove their stranglehold on clarifying fiscal initiatives. If not, then, in my view, I expect job creators will remain in a defensive crouch and all bets are off."
Speeches and Essays , Paper 98

Journal Article
Mixed signals, but moving forward
Kliesen, Kevin L. (2013-07)
Despite pockets of strength, the U.S. economy continues to struggle to build consistent momentum. Real GDP growth rebounded in the first quarter of 2013 after ending 2012 on a relatively weak note.
The Regional Economist , Issue July

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