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Working Paper
Leverage and cyclicality
Seth, Rama
(1990)
Working Papers in Applied Economic Theory
, Paper 90-01
Journal Article
Reducing poverty via minimum wages, alternatives
Neumark, David
(2015)
Setting a higher minimum wage seems like a natural way to help lift families out of poverty. However, minimum wages target individual workers with low wages, rather than families with low incomes. As a result, a large share of the higher income from minimum wages flows to higher-income families. Other policies that directly address low family income, such as the earned income tax credit, are more effective at reducing poverty.
FRBSF Economic Letter
Journal Article
Western banks and derivatives
Laderman, Elizabeth
(1995)
FRBSF Economic Letter
Journal Article
The West's role in agricultural production
Schmidt, Ronald H.
(1988)
FRBSF Economic Letter
Journal Article
Doubt in Detroit
Burke, William
(1973)
FRBSF Economic Letter
Journal Article
Cottage industry
Walsh, Joan
(1976)
FRBSF Economic Letter
Journal Article
Rising price of energy
Furlong, Frederick T.; Daly, Mary C.
(2001)
FRBSF Economic Letter
Conference Paper
Foreign exchange rate regime and policy in Korea, 1980-1992
Kim, Young Saeng
(1992-09)
Proceedings
, Issue Sep
Conference Paper
Financial reform in Australia
Carron, Andrew S.
(1984-12)
Proceedings
, Issue Dec
, Pages 69-88
Working Paper
New Keynesian optimal-policy models: an empirical assessment
Dennis, Richard
(2003)
This paper estimates two optimization-based sticky-price New Keynesian models and assesses how well they describe U.S. output, inflation, and interest rate dynamics. We consider models in which either internal habit formation influence consumption behavior, and in which Calvo-pricing and inflation indexation generate price and inflation inertia. Subject to constraints dictated by household and firm behavior, monetary policy is set under discretion and the model's time-consistent equilibrium is employed to estimate key behavioral parameters. We find that specifications estimated on consumption ...
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pandemic 10 items
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time series analysis 7 items
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local projections 6 items
options 6 items
policy 6 items
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Americans with Disabilities Act of 1990 5 items
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economic activity 5 items
term structure modeling 5 items
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equity 4 items
American Recovery and Reinvestment Act of 2009 3 items
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central banking 3 items
inflation expectations 3 items
productivity growth 3 items
r-star 3 items
racial disparities 3 items
weather 3 items
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