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Working Paper
Toward a modern macroeconomic model usable for policy analysis
Sims, Christopher A.; Leeper, Eric M. (1994)
FRB Atlanta Working Paper , Paper 94-5

Conference Paper
Libertarian paternalism is not an oxymoron
Thaler, Richard H.; Sunstein, Cass R. (2003-06)
The idea of libertarian paternalism might seem to be an oxymoron, but it is both possible and legitimate for private and public institutions to affect behavior while also respecting freedom of choice. Often people's preferences are ill-formed, and their choices will inevitably be influenced by default rules, framing effects, and starting points. In these circumstances, a form of paternalism cannot be avoided. Equipped with an understanding of behavioral findings of bounded rationality and bounded self-control, libertarian paternalists should attempt to steer people's choices in ...
Conference Series ; [Proceedings] , Volume 48 , Issue Jun

Working Paper
Evolving macroeconomic perceptions and the term structure of interest rates
Wei, Min; Orphanides, Athanasios (2010)
We explore the role of evolving beliefs regarding the structure of the macroeconomy in improving our understanding of the term structure of interest rates within the context of a simple macro-finance model. Using quarterly vintages of real-time data and survey forecasts for the United States over the past 40 years, we show that a recursively estimated VAR on real GDP growth, inflation and the nominal short-term interest generates predictions that are more consistent with survey forecasts than a benchmark fixed-coefficient counterpart. We then estimate a simple term structure model under the ...
Finance and Economics Discussion Series , Paper 2010-01

Working Paper
The poor, the rich and the enforcer: institutional choice and growth
Quintin, Erwan; Koeppl, Thorsten; Monnet, Cyril (2008)
We study economies where improving the quality of institutions ? modeled as improving contract enforcement ? requires resources, but enables trade that raises output by reducing the dispersion of marginal products of capital. We find that in this type of environment it is optimal to combine institutional building with endowment redistribution, and that more ex-ante dispersion in marginal products increases the incentives to invest in enforcement. In addition, we show that institutional investments lead over time to a progressive reduction in inequality. Finally, the framework we describe ...
Working Papers , Paper 0801

Working Paper
The stock market and monetary policy: the role of macroeconomic states
Zhang, Huan; Chang, Chih-Ping (1995)
Working Papers , Paper 9516

Conference Paper
Are banking supervisory data useful for macroeconomic forecasts?
Feldman, Ron J.; Miller, Preston J.; Schmidt, Jason; Kim, Jangryoul (2002)
Proceedings , Paper 825

Working Paper
Comment on \"Letting different views about business cycles compete\"
Fisher, Jonas D. M. (2009)
This comment explains why the findings presented in Beaudry and Lucke (2009) are misleading.
Working Paper Series , Paper WP-2010-01

Conference Paper
Macroeconomic models for monetary policy: a conference sponsored by the Federal Reserve Bank of San Francisco and the Stanford Institute for Economic Policy Research, March 1-2, 2002
anonymous (2002-03)
Proceedings , Issue Mar

Working Paper
Evidence on structural instability in macroeconomic times series relations
Stock, James H.; Watson, Mark W. (1994)
Working Paper Series, Macroeconomic Issues , Paper 94-13

Speech
Opening remarks for the Transatlantic Economic Interdependence and Policy Challenges Conference
Dudley, William (2013)
Remarks at the Transatlantic Economic Interdependence and Policy Challenges Conference, Federal Reserve Bank of New York, New York City.
Speech , Paper 104

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