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Journal Article
Opinion : is Greenspan a Wicksellian?
Humphrey, Thomas M.
(2004-01)
Econ Focus
, Volume 8
, Issue Win
, Pages 48
Speech
The optimal inflation target in an economy with limited enforcement
Antinolfi, Gaetano; Azariadis, Costas; Bullard, James B.
(2008)
Presented at Indiana University.
Speech
, Paper 166
Journal Article
Paul Samuelson and monetary analysis
Nelson, Edward
(2005-04)
Monetary Trends
, Issue Apr
Journal Article
An economist's viewpoint: using economics to shed light on current policy issues
Stern, Gary H.
(2004-09)
The Region
, Volume 18
, Issue Sep
, Pages 2-5
Journal Article
Great expectations: the role of beliefs in economics and monetary policy
Santomero, Anthony M.
(2004-04)
Whether one looks at consumers or businesses, expectations - people's beliefs - are driving forces of every economy. The economic outcomes one can expect from public policy are affected by the way beliefs are formed and how they vary over time. In "Great Expectations: The Role of Beliefs in Economics and Monetary Policy," President Anthony Santomero presents his perspective on the important role beliefs play in economic decisions and policymaking. He also offers some observations on the important role the policymaker's credibility plays in determining the outcome of any monetary policy ...
Business Review
, Issue Q2
, Pages 1-6
Journal Article
On the record: putting people into economic policy: a conversation with Finn Kydland
Kydland, Finn E.
(2008-05)
Finn Kydland, a Dallas Fed consultant since 1994, shared the 2004 Nobel Prize in economics with Edward C. Prescott for their groundbreaking work incorporating decisionmaking by individuals, households and firms into economic models.
Southwest Economy
, Issue May
, Pages 8-9
Journal Article
Economic policy implications of world demographic change
Johnson, Richard
(2004-01)
Demographic changes over the next 50 years will affect the world economy in many ways. Some of these effects will be beneficial. In developing countries, for example, falling birthrates will enable women to supply more paid labor and families to invest more in the education of each child. Other demographic changes will cause economic problems. In developed countries, population aging is likely to imply government pension systems cannot continue with their current rules. Population growth in developing countries could also change patterns of world trade and thereby reduce the wages of some ...
Economic Review
, Volume 89
, Issue Q I
, Pages 39-64
Journal Article
President's message: Policy trumps luck
Lacker, Jeffrey M.
(2007-01)
Econ Focus
, Volume 11
, Issue Win
, Pages 1
Report
Expectations versus fundamentals: does the cause of banking panics matter for prudential policy?
Keister, Todd; Narasiman, Vijay
(2011)
There is a longstanding debate about whether banking panics and other financial crises always have fundamental causes or are sometimes the result of self-fulfilling beliefs. Disagreement on this point would seem to present a serious obstacle to designing policies that promote financial stability. However, we show that the appropriate choice of policy is invariant to the underlying cause of banking panics in some situations. In our model, the anticipation of being bailed out in the event of a crisis distorts the incentives of financial institutions and their investors. Two policies that aim to ...
Staff Reports
, Paper 519
Journal Article
Economic policy trends in post-World War II Latin America
Lozada, Carlos
(1999-10)
Recent economic disturbances in Latin America-particularly the currency crises in Mexico in 1994-95 and Brazil in 1998-99-have prompted significant research and debate over financial sector reforms and appropriate monetary and fiscal policy for the region. The recent discussion over dollarization is but one of many such debates. ; As the author of this article demonstrates, the current rethinking of economic policy in Latin America is only the latest chapter of a much longer story. Well before the recent episodes of financial turmoil, Latin American economies had already proven vulnerable to ...
Economic Review
, Volume 84
, Issue Q4
, Pages 38-45
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