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Keywords:rules 

Speech
Remarks at the Securities Industry and Financial Markets Association’s Compliance and Legal Society Monthly Luncheon, New York City.

Remarks at the Securities Industry and Financial Markets Association?s Compliance and Legal Society Monthly Luncheon, New York City.
Speech , Paper 245

Speech
Compliance – some thoughts about reaching the next level

Remarks at the Fordham Journal of Corporate Counsel & Financial Law Symposium, Fordham Law School, New York City.
Speech , Paper 156

Journal Article
Federal Funds Rates Based on Seven Simple Monetary Policy Rules

Monetary policymakers often use simple monetary policy rules, like the Taylor rule, as an input into their decision-making. However, there are many different simple rules, and there is no agreement on a single ?best? rule. We look at the federal funds rates coming from seven simple rules and three economic forecasts to investigate the range of results that can be produced. While there are some commonalities, we document that the differences in the federal funds rates suggested by the rules can be quite pronounced.
Economic Commentary , Issue July

Working Paper
Drifting Inflation Targets and Monetary Stagflation

This paper revisits the phenomenon of stagflation. Using a standard New Keynesian dynamic, stochastic general equilibrium model, we show that stagflation from monetary policy alone is a very common occurrence when the economy is subject to both deviations from the policy rule and a drifting inflation target. Once the inflation target is fixed, the incidence of stagflation in the baseline model is essentially eliminated. In contrast with several other recent papers that have focused on the connection between monetary policy and stagflation, we show that while high uncertainty about monetary ...
Working Papers (Old Series) , Paper 1426

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Knotek, Edward S. 2 items

Baxter, Thomas C. 1 items

Garciga, Christian 1 items

Held, Michael 1 items

Khan, Shujaat 1 items

Verbrugge, Randal 1 items

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