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~institution:"Federal Reserve Bank of St. Louis"
~institution:"USA / Congress / Senate / Committee on Banking, Housing and Urban Affairs"
~subject:"Deflation (Finance)"
~subject:"Fiscal policy"
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Death of a theory
Bullard, James
-
Federal Reserve Bank of St. Louis
-
2012
"Death of a Theory," presented in St. Louis. January 13, 2012.
Persistent link: https://www.econbiz.de/10010727311
Saved in:
2
Demographics, redistribution, and optimal inflation
Bullard, James
;
Garriga, Carlos
;
Waller, Christopher J.
-
Federal Reserve Bank of St. Louis
-
2012
May 30, 2012. "Demographics, Redistribution, and Optimal Inflation," with Carlos Garriga and Christopher J. Waller. Presented by Christopher Waller at the 2012 BOJ-IMES Conference Demographic Changes and Macroeconomic Performance.
Persistent link: https://www.econbiz.de/10010727313
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3
Sneak preview: death of a theory
Bullard, James
-
Federal Reserve Bank of St. Louis
-
2012
"SNEAK PREVIEW: Death of a Theory." Presented at the Korea-America Economic Association, Chicago, Illinois. January 7, 2012.
Persistent link: https://www.econbiz.de/10010727349
Saved in:
4
The optimal inflation target in an economy with limited enforcement
Antinolfi, Gaetano
;
Azariadis, Costas
;
Bullard, James
-
Federal Reserve Bank of St. Louis
-
2012
We formulate the central bank’s problem of selecting an optimal long-run inflation rate as the choice of a distorting tax by a planner who wishes to maximize discounted stationary utility for a heterogeneous population of infinitely-lived households in an economy with constant aggregate income...
Persistent link: https://www.econbiz.de/10010585881
Saved in:
5
Optimal monetary and fiscal policies in a search theoretic model of monetary exchange
Gomis-Porqueras, Pere
;
Peralta-Alva, Adrian
-
Federal Reserve Bank of St. Louis
-
2008
In this paper we study optimal monetary and fiscal policies, and the welfare costs of inflation, within the Lagos and Wright (2005) framework. Monetary equilibria may be inefficient without fiscal policy tools due to bargaining frictions. We show that subsidies in decentralized markets can be...
Persistent link: https://www.econbiz.de/10005353004
Saved in:
6
Monetary and fiscal theories of the price level: the irreconcilable differences
McCallum, Bennett T.
;
Nelson, Edward
-
Federal Reserve Bank of St. Louis
-
2006
The fiscal theory of the price level (FTPL) has attracted much attention but disagreement remains concerning its defining characteristics. Some writers have emphasized implications regarding interest-rate pegging and determinacy of RE solutions, whereas others have stressed its capacity to...
Persistent link: https://www.econbiz.de/10005360634
Saved in:
7
The U.K.'s rocky road to stability
Batini, Nicoletta
(
contributor
);
Nelson, Edward
(
contributor
)
-
2005
"This paper provides an overview, using extensive documentary material, of developments in U.K. macroeconomic policy in the last half-century. Rather than focusing on well-known recent changes in policy arrangements (such as the introduction of inflation targeting in 1992 or central bank...
Persistent link: https://www.econbiz.de/10003053139
Saved in:
8
Do productivity growth, budget deficits, and monetary policy actions affect real interest rates? evidence from macroeconomic announcement data
Kliesen, Kevin L.
;
Schmid, Frank A.
-
Federal Reserve Bank of St. Louis
-
2004
Real-business-cycle models suggest that an increase in the rate of productivity growth increases the real rate of interest. But economic theory is ambiguous when it comes to the effect of government budget deficits on the real rate of interest. Similarly, little is known about the effect of...
Persistent link: https://www.econbiz.de/10005352806
Saved in:
9
Flation
Poole, William
-
Federal Reserve Bank of St. Louis
-
2002
Presentation to the International Mass Retail Association (IMRA), Scottsdale, Ariz. - Jan. 21, 2002
Persistent link: https://www.econbiz.de/10005420451
Saved in:
10
Flation
Poole, William
-
Federal Reserve Bank of St. Louis
-
2002
Presentation to the International Mass Retail Association (IMRA), Scottsdale, Ariz. - Jan. 21, 2002
Persistent link: https://www.econbiz.de/10011185114
Saved in:
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