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Bank:Federal Reserve Bank of Cleveland  Series:Proceedings 

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Who should act as lender of last resort? an incomplete contracts model

Proceedings

Conference Paper
Taking intermediation seriously

Proceedings

Conference Paper
Postwar developments in business cycle theory: a moderately classical perspective

Proceedings

Conference Paper
Backward-looking interest-rate rules, interest-rate smoothing, and macroeconomic instability

The existing literature on the stabilizing properties of interest-rate feedback rules has stressed the perils of linking interest rates to forecasts of future inflation. Such rules have been found to give rise to aggregate fluctuations due to self-fulfilling expectations. In response to this concern, a growing literature has focused on the stabilizing properties of interest-rate rules whereby the central bank responds to a measure of past inflation. The consensus view that has emerged is that backward-looking rules contribute to protecting the economy from embarking on expectations-driven ...
Proceedings

Conference Paper
Computable general equilibrium models and monetary policy advice

Proceedings

Conference Paper
Motivation matters: merit scholarships and student achievement

Proceedings

Conference Paper
Introduction

Proceedings

Conference Paper
The PBGC: a costly lesson in the economics of federal insurance

Proceedings

Conference Paper
Bank competition and access to finance: international evidence

Using a unique database for 74 countries and for firms of small, medium, and large size we assess the effect of banking market structure on the access of firms to bank finance. We find that bank concentration increases obstacles to obtaining finance, but only in countries with low levels of economic and institutional development.
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Haubrich, Joseph G. 9 items

Altig, David E. 7 items

Smith, Bruce D. 7 items

anonymous 5 items

Christiano, Lawrence J. 4 items

Eberts, Randall W. 4 items

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Monetary policy 27 items

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