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Showing results 1 to 10 of approximately 91.
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Journal Article
The untouchables
Clement, Douglas
(2005-12)
By quantifying the unmeasured, Fed economists shed light on the stock market, productivity and the development of economic theory
The Region
, Volume 19
, Issue Dec
, Pages 30-33, 52-57
Journal Article
The magic's gone: a hard look at the data shows that the famous Phillips curve does no better at forecasting inflation than a simple look at the past
Clement, Douglas
(2001-09)
The Region
, Issue Sep
, Pages 14-18
Journal Article
Nonneutrality of money in classical monetary thought
Humphrey, Thomas M.
(1991-03)
Contrary to the strawman classical model of the textbooks, the original classical economists did not believe that money-stock changes affect only the price level and not real output and employment. Most classicals saw money as having powerful short-run real effects and perhaps some residual long-run effects as well. Concern for moneys impact on real activity strongly influenced the classicals views of the desirability or undesirability of monetary expansion and contraction.
Economic Review
, Volume 77
, Issue Mar
, Pages 3-15
Speech
Economic flexibility: a speech before the National Italian American Foundation, Washington, D.C., October 12, 2005
Greenspan, Alan
(2005)
Speech
, Paper 135
Discussion Paper
Structural changes in the real GNP interdependence of the U.S., West Germany, and Japan during the period 1970-1986
Aoki, Masanao
(1989)
The paper first locates quarters in the early 1970s at which the covariance matrices of the innovation vectors have shifted for the real GNPs of the USA, West Germany and Japan treated as univariate series. The paper then exhibits differences in the impulse response time profiles of the two models estimated from the data primarily before and after the break as a concise summary of the changes in dynamic interactions of the three real GNPs.
Discussion Paper / Institute for Empirical Macroeconomics
, Paper 20
Journal Article
The trade theorist's sacred diagram: its origin and early development
Humphrey, Thomas M.
(1988-01)
From Irving Fisher in 1907 to Jan Tinbergen in 1945 at least eight economists developed the famous diagram used to demonstrate the gains from international trade.
Economic Review
, Volume 74
, Issue Jan
, Pages 3-15
Journal Article
Slouching toward utopia: what is the history of the twentieth century?
DeLong, J. Bradford
(1998-07-03)
Regional Review
, Volume 8
, Issue Q 3
, Pages 6-13
Journal Article
Time to remodel?
Clement, Douglas
(2007-09)
Fed researchers suggest that two core models used by economists are seriously flawed.
The Region
, Volume 21
, Issue Sep
, Pages 18-21, 60-62
Conference Paper
Trade policy and income distribution
Leamer, Edward E.
(1991)
Proceedings
Journal Article
Are we living in the middle of an Industrial Revolution?
Mokyr, Joel
(1997-04)
The concept of a new Industrial Revolution has recently become of great interest to general economists of all persuasions. For example, the New Growth Theory has placed renewed emphasis on the importance of technological change in modern economic growth, and a number of authors have suggested that we are entering a new period of technological advances that could profoundly affect the world economy. ; In an article based on comments at the Tenth District Monetary Policy Roundtable, Mr. Mokyr looks at the events of our time in relation to events of the British Industrial Revolution. He cautions ...
Economic Review
, Volume 82
, Issue Q II
, Pages 31-43
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