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Liquidity Traps and Monetary Policy: Managing a Credit Crunch

Buera, Francisco J.; Nicolini, Juan Pablo - Federal Reserve Bank of Chicago - 2014

period at the zero bound for the nominal interest rate, the collapse in investment and low inflation, in spite of the very …

Persistent link: https://www.econbiz.de/10011095309

Quantitative Easing in Joseph's Egypt with Keynesian Producers

Campbell, Jeffrey R. - Federal Reserve Bank of Chicago - 2014

This paper considers monetary and fiscal policy when tangible assets can be accumulated after shocks that increase desired savings, like Joseph's biblical prophecy of seven fat years followed by seven lean years. The model’s flexible-price allocation mimics Joseph’s saving to smooth...

Persistent link: https://www.econbiz.de/10011099911

Women and the Phillips curve : do women's and men's labor market outcomes differentially affect real wage growth and inflation

Anderson, Katharine (contributor); Barrow, Lisa (contributor) - 2003 - [Elektronische Ressource]

"During the economic expansion of the 1990s, the United States enjoyed both low inflation rates and low levels of … growth, changes in inflation, and labor market slackness are the same for men and women and whether measures of 'non … do as well as men's in explaining real compensation growth and changes in inflation after 1983. We also find some …

Persistent link: https://www.econbiz.de/10001920872

Wage growth and sectoral shifts: new evidence on the stability of the Phillips curve

Rissman, Ellen R. - Federal Reserve Bank of Chicago - 1987

Persistent link: https://www.econbiz.de/10005410638

The post-war U.S. Phillips curve: a comment

Evans, Charles L. - Federal Reserve Bank of Chicago - 1994

Persistent link: https://www.econbiz.de/10005410946

Women and the Phillips curve: do women’s and men’s labor market outcomes differentially affect real wage growth and inflation?

Anderson, Katharine; Barrow, Lisa; Butcher, Kristin - Federal Reserve Bank of Chicago - 2003

During the economic expansion of the 1990s, the United States enjoyed both low inflation rates and low levels of … growth, changes in inflation, and labor market slackness are the same for men and women and whether measures of “non … slackness do as well as men’s in explaining real compensation growth and changes in inflation after 1983. We also find some …

Persistent link: https://www.econbiz.de/10005419953