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Shocks, gaps, and monetary policy, Korea-America Economic Association, January 4, 2014, Philadelphia, PA
Presented by Charles I. Plosser, President and Chief Executive Officer, Federal Reserve Bank of Philadelphia KAEA-Maekyung Forum, Korea-America Economic Association, January 4, 2014, Philadelphia, PA President Charles Plosser discusses how some key features of the recent recession and recovery have influenced his views on monetary policymaking. He again advocates that we should think in terms of robust policies that yield good economic outcomes across a variety of models and frameworks.