Search Results
Speech
Research, Policy, and the Zero Lower Bound
Remarks at Shadow Open Market Committee Spring Meeting, New York City.
Briefing
Goodfriend Memorial Lecture: The U.S. Current Account Deficit and the Global Capital Market Revisited
Introduced in 2023, the Goodfriend Memorial Lecture series honors the legacy of Marvin Goodfriend, long-time Richmond Fed economist, research director and senior policy advisor. The lecture was delivered as part of the Richmond Fed's Collaboration of Research Economists (CORE) Week model, which brings together Richmond Fed economists and visiting economists from a range of disciplines for seminars, conferences, networking and collaboration.
Working Paper
Federal Reserve Structure and Economic Ideas
This essay was written in memory of Marvin Goodfriend for a Federal Reserve Bank of Richmond book called Essays in Honor of Marvin Goodfriend: Economist and Central Banker. We discuss his Carnegie-Rochester conference paper titled "The Role of a Regional Bank in a System of Central Banks." In that paper, Marvin argued that the Federal Reserve's decentralized structure allowed for competing ideas about monetary and banking policy to develop with the central bank. In our essay, we describe how Marvin demonstrated this argument during his long career at the Federal Reserve Bank of Richmond. We ...