Search Results

(refine search)

SORT BY: PREVIOUS / NEXT

All:
Title:
Author:
Abstract:
Keywords:

+ Add Search Parameter

Journal Article
Wealth, economic infrastructure, and monetary policy
Jordan, Jerry L. (1997-08)
An argument that it's not the specific "growth" programs that governments enact which determine a nation's prosperity, but the totality of the state's attitude toward the accumulation of private wealth, including the central bank's management of money.
Economic Commentary , Issue Aug

Journal Article
What monetary regime for post-war Iraq?
Spiegel, Mark M. (2003)
FRBSF Economic Letter

Journal Article
Forward-Looking Policy in a Real-Time World
Daly, Mary C. (2023-03-09)
Restoring price stability is a key part of the Fed’s mandate, and it is what the American people expect. Achieving it will take time and a broad view of economic conditions. Policymakers have to respond to an economy that is evolving in real time and prepare for what the economy will look like in the future. The following is adapted from remarks by the president of the Federal Reserve Bank of San Francisco to Griswold Center for Economic Policy Studies at Princeton University on March 4.
FRBSF Economic Letter , Volume 2023 , Issue 08 , Pages 8

Working Paper
Asymmetric shocks in a currency union with monetary and fiscal handcuffs?
Erceg, Christopher J.; Lindé, Jesper (2010)
This paper investigates the impact of the asymmetric shocks within a currency union in a framework that takes account of the zero bound constraint on policy rates, and also allows for constraints on fiscal policy. In this environment, we document that the usual optimal currency argument showing that the effects of shocks are mitigated to the extent that they are common across member states can be reversed. Countries can be worse off when their neighbors experience similar shocks, including policy-driven reductions in government spending.
International Finance Discussion Papers , Paper 1012

Conference Paper
Housing and monetary policy: a view from an inflation-targeting central bank
Ingves, Stefan (2007)
Proceedings - Economic Policy Symposium - Jackson Hole

Journal Article
Optimal monetary policy under uncertainty: a Markov jump-linear-quadratic approach
Svensson, Lars E. O.; Williams, Noah (2008-07)
This paper studies the design of optimal monetary policy under uncertainty using a Markov jump-linear-quadratic (MJLQ) approach. To approximate the uncertainty that policymakers face, the authors use different discrete modes in a Markov chain and take mode-dependent linear-quadratic approximations of the underlying model. This allows the authors to apply a powerful methodology with convenient solution algorithms that they have developed. They apply their methods to analyze the effects of uncertainty and potential gains from experimentation for two sources of uncertainty in the New Keynesian ...
Review , Volume 90 , Issue Jul , Pages 275-294

Working Paper
Identifying the macroeconomic effect of loan supply shocks
Tootell, Geoffrey M. B.; Rosengren, Eric S.; Peek, Joe (2000)
Evidence of an operative credit channel has been inconclusive. The inability to clearly distinguish the effects of shocks to loan supply from those to loan demand has made it difficult to quantify the importance of this transmission mechanism to the economy. This paper provides an innovative approach to identifying loan supply shocks that enables us to show that such disturbances have had economically important effects on the U.S. economy over the past two decades. We provide three different pieces of evidence that confirm that loan supply shocks have been successfully isolated from shifts in ...
Working Papers , Paper 00-2

Speech
The Outlook for the Economy and Monetary Policy; Vantage Point: Economists on the Economy Series, The Council for Economic Education, New York, NY
Mester, Loretta J. (2018-01-18)
The Federal Reserve System also supports economic education as part of our mission to engage in our communities. The Cleveland Fed?s Learning Center and Money Museum offers various programs for teachers and students with the goal of increasing financial and economic literacy. What we have learned over the years is that when people have a better understanding of the economy, they can make better financial decisions and be part of the national discourse on the important economic policy choices facing the country. Federal Reserve policymakers are also in the economic education business. One of ...
Speech , Paper 92

Speech
Confessions of a data dependent
Fisher, Richard W. (2006)
Remarks before the New York Association for Business Economics, New York, November 2, 2006 ; "Globalization brings new influences into the Fed's navigation calculations to determine the best flight path for the U.S. economy. To determine that course...we must develop a better understanding of the new forces exerting themselves on the aircraft we have been charged with flying. That aircraft no longer flies solely in domestic space, affected soley by domestic factors. Rather, it flies all over the world, requiring more sophisticated navigation instruments to monitor changing global and ...
Speeches and Essays , Paper 59

Working Paper
Monetary Policy Options at the Effective Lower Bound : Assessing the Federal Reserve's Current Policy Toolkit
Gagnon, Etienne; Vilan, Diego; Trevino, James; Chung, Hess T.; Nakata, Taisuke; Paustian, Matthias; Zheng, Wei; Schlusche, Bernd (2019-02-01)
We simulate the FRB/US model and a number of statistical models to quantify some of the risks stemming from the effective lower bound (ELB) on the federal funds rate and to assess the efficacy of adjustments to the federal funds rate target, balance sheet policies, and forward guidance to provide monetary policy accommodation in the event of a recession. Over the next decade, our simulations imply a roughly 20 to 50 percent probability that the federal funds rate will be constrained by the ELB at some point. We also find that forward guidance and balance sheet polices of the kinds used in ...
Finance and Economics Discussion Series , Paper 2019-003

show more (4)

show more (209)

PREVIOUS / NEXT

Fed in Print

Search Results

FILTER BY year

FILTER BY Bank

FILTER BY Series

FILTER BY Content Type

FILTER BY Author

FILTER BY Jel Classification

FILTER BY Keywords