Search Results

SORT BY: PREVIOUS / NEXT
Keywords:Monetary theory 

Journal Article
Channels of monetary influence: a survey

Review , Volume 56 , Issue Nov , Pages 8-26

Working Paper
Does money matter in inflation forecasting?

This paper provides the most fully comprehensive evidence to date on whether or not monetary aggregates are valuable for forecasting US inflation in the early to mid 2000s. We explore a wide range of different definitions of money, including different methods of aggregation and different collections of included monetary assets. In our forecasting experiment we use two non-linear techniques, namely, recurrent neural networks and kernel recursive least squares regression - techniques that are new to macroeconomics. Recurrent neural networks operate with potentially unbounded input memory, while ...
Working Papers , Paper 2009-030

Working Paper
Uncertainty, learning, and gradual monetary policy

The value of a vast array of financial assets are functions of rates or prices determined in OTC, interbank, or other off-exchange markets. In order to price such derivative assets, underlying rate and price indexes are routinely sampled and estimated. To guard against misreporting, whether unintentional or for market manipulation, many standard contracts utilize a technique known as trimmed-means. This paper points out that this polling problem falls within the statistical framework of robust estimation. Intuitive criteria for choosing among robust valuation procedures are discussed. In ...
Finance and Economics Discussion Series , Paper 1998-34

Conference Paper
Search, bargaining, money and prices: recent results and policy implications

Proceedings

Working Paper
Inside money, outside money, and inflation

Research Working Paper , Paper 87-10

Conference Paper
The effect of money on output and prices

Proceedings , Issue 3 , Pages 102-142

Journal Article
Can the monetary models be fixed?

Economic Perspectives , Volume 10 , Issue Nov , Pages 3-14

Journal Article
Monetary and fiscal influences on economic activity : the foreign experience

Review , Volume 52 , Issue Feb , Pages 16-28

Working Paper
Committing and reneging: a dynamic model of policy regimes.

Actual policy decisions are made in real time and are not irrevocable. These observations are mundane, but most policy modeling has neglected them. We show that when policy is made in an environment of uncertainty, costs of switching policies give the option to wait positive value. This insight has several implications: First, the option to wait itself makes the incumbent regime relatively more attractive (compared to the traditional once-and-for-all analysis). Second, the option to wait means that increased uncertainty makes the incumbent regime more attractive. Third, because the commitment ...
Working Papers , Paper 1999-020

Journal Article
Monetary transmission lags and the formulation of the policy decision on interest rates (commentary)

Review , Volume 83 , Issue Jul , Pages 165-186

FILTER BY year

FILTER BY Series

FILTER BY Content Type

Journal Article 85 items

Working Paper 55 items

Conference Paper 10 items

Report 6 items

Speech 6 items

Discussion Paper 4 items

show more (2)

FILTER BY Author

Humphrey, Thomas M. 15 items

Wright, Randall 12 items

Anderson, Richard G. 6 items

Andersen, Leonall C. 5 items

Bullard, James B. 5 items

Hafer, Rik 5 items

show more (142)

FILTER BY Keywords

Monetary policy 34 items

Money 21 items

Inflation (Finance) 17 items

Money supply 17 items

Econometric models 9 items

show more (63)

PREVIOUS / NEXT