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Conference Paper
Hysteresis in unemployment

Hysteresis is central to long-run unemployment movements in many countries. This essay addresses two broad issues. The first is whether there is clear evidence of hysteresis effects. To put it differently, can we reject the hypothesis that the NAIRU, and hence the long run behavior of unemployment, is independent of aggregate demand? The second broad issue is the nature of hysteresis. Through what mechanisms do short-run unemployment movements influence the NAIRU? What determines the strength of these effects in different countries and time periods? What are the implications for monetary ...
Conference Series ; [Proceedings]

Journal Article
Evaluating the Eleventh District's Beige Book

In this study, Nathan Balke and Mine Yucel ask whether the Eleventh Federal Reserve District's Beige Book description contains timely information about economic activity within the District. They examine whether the Beige Book description tracks current Texas real gross state product (GSP) growth and current Texas employment growth. They also study whether the Beige Book has information about growth not present in other regional indicators that would have been available to analysts at the time of the Beige Book's release. They find that both the Beige Book summary and the average across ...
Economic and Financial Policy Review , Issue Q IV , Pages 2-10

Impact of the Great Recession on public schools in the region

Remarks at the Quarterly Regional Economic Press Briefing, New York City.
Speech , Paper 74

Journal Article
How much lower can the unemployment rate go?

Review , Issue Jul , Pages 44-57

Journal Article
The natural rate, NAIRU, and monetary policy

FRBSF Economic Letter

Journal Article
Labor markets and the macroeconomy: conference summary

This Economic Letter summarizes the papers presented at a conference on "Labor Markets and the Macroeconomy" held at the Federal Reserve Bank of San Francisco on March 3 and 4, 2006.
FRBSF Economic Letter

Journal Article
Tighter labor markets?

FRBSF Economic Letter

Journal Article
Shifts in the Beveridge Curve, job matching, and labor market dynamics

The Beveridge curve -- the scatter plot of unemployment rates versus vacancy rates -- has recently shifted inward dramatically. While the Beveridge curve is often used to summarize the state of the labor market, it is not a structural economic relationship. Thus, in order to understand the labor market implications of recent shifts in the curve, we must first understand the labor market activities that give rise to the Beveridge curve.> This article examines the Beveridge curve over the past 30 years. The authors discuss some of the issues surrounding the job-matching process and attempt to ...
New England Economic Review , Issue Sep , Pages 3-19

Acting to avoid a \"great stagflation\"

Remarks by Eric S. Rosengren, President and Chief Executive Officer, Federal Reserve Bank of Boston, at the South Shore Chamber of Commerce, Quincy, Massachusetts, September 20, 2012.
Speech , Paper 61



Working Papers 65 items

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Speech 29 items

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Valletta, Robert G. 20 items

Dudley, William 17 items

Hobijn, Bart 14 items

Birinci, Serdar 12 items

Fujita, Shigeru 11 items

Sahin, Aysegul 11 items

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