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Keywords:Gross domestic product 

Newsletter
Should we be concerned about the current account?

Chicago Fed Letter , Issue Apr

Newsletter
Estimating the trend rate of economic growth using the CFNAI

This article shows how a new methodology for constructing the Chicago Fed National Activity Index (CFNAI) can be used to identify both the cyclical (medium-run) and trend (long-run) components of real gross domestic product (GDP) growth.
Chicago Fed Letter , Issue June

Journal Article
The relationship between manufacturing production and goods output

The sharp divergence in the 2001 recession between two key economic indicators-manufacturing production and goods output-could suggest that one indicator is flawed, casting doubt on the reliability of its overall series. This analysis finds no evidence of error. Rather, the strength of spending on consumer-relative to capital-goods and the growth of merchandising services in the sale of consumer goods more likely explain the recent deviation.
Current Issues in Economics and Finance , Volume 10 , Issue Aug

Conference Paper
Why has potential growth declined? The case of Germany

Proceedings - Economic Policy Symposium - Jackson Hole

Speech
The national and regional economy

Remarks at Queens College, Flushing, New York.
Speech , Paper 124

Journal Article
Using chain-weighted NIPA data

FRBSF Economic Letter

Working Paper
Evaluating McCallum's rule when monetary policy matters

This paper provides new evidence on the usefulness of McCallum's proposed rule for monetary policy. The rule targets nominal GDP using the monetary base as the instrument. We analyze the rule using three very different economic models to see if the rule works well in different environments. Our results suggest that while the rule leads to lower inflation than there has been over the last 30 years, instability problems suggest that the rule should be modified to feed back on the growth rate of nominal GDP rather than the level.
Working Papers , Paper 96-3

Journal Article
Economic rebounds in U.S. and euro zone: deceivingly similar, strikingly different

The global downturn following Lehman Brothers? failure in September 2008 has become known as the Great Recession for good reason: It was the most severe global economic contraction since the Great Depression. As the dust settles, patterns among key macroeconomic variables have emerged. Identifying them may make it possible to understand the nature of the downturn and, thus, determine which policies might best address its fallout.
Economic Letter , Volume 7

Newsletter
Can the consumer keep the expansion alive?

Chicago Fed Letter , Issue Feb

Journal Article
What caused the Great Moderation? : some cross-country evidence

Over the last 20 years or so, the volatility of aggregate economic activity has fallen dramatically in most of the industrialized world. The timing and nature of the decline vary across countries, but the phenomenon has been so widespread and persistent that it has earned the label: ?the Great Moderation.? A growing body of research has focused on the Great Moderation and its possible explanations, especially as it applies to the U.S. experience. The literature documents the international dimension of this volatility reduction, but so far little is known about the possible causes from a ...
Economic Review , Volume 90 , Issue Q III , Pages 5-32

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Dudley, William 19 items

Motley, Brian 13 items

Strauss, William A. 7 items

Kliesen, Kevin L. 5 items

McConnell, Margaret M. 5 items

Perez-Quiros, Gabriel 5 items

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Gross domestic product 180 items

Inflation (Finance) 34 items

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