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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

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

Report
Need for Speed: Quality of Innovations and the Allocation of Inventors
Caicedo, Santiago; Pearce, Jeremy (2024-10-01)
This paper studies how the speed-quality tradeoff in innovation interacts with firm dynamics, concentration, and economic growth. Empirically, we document long-run trends in the increasing speed of innovation alongside declining quality at large firms. Leveraging variation from an exogenous policy change, we document the existence of the speed-quality tradeoff both at the firm and aggregate level. We develop an endogenous growth model that incorporates the speed-quality tradeoff and show that allocating less labor towards speed increases growth, particularly in the presence of private ...
Staff Reports , Paper 1127

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

Expected U.S. Macroeconomic Performance during the Pandemic Adjustment Period
Bullard, James B. (2020-03-23)
St. Louis Fed President James Bullard recommends declaring a “National Pandemic Adjustment Period” and discusses three broad goals of macroeconomic policy during this period.
On the Economy

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