Similar Search Results

Fisher, Richard W. - Federal Reserve Bank of Dallas - 2007

Remarks to the 2007 Annual Conference of the Investment Adviser Association, Austin, Texas, April 26, 2007 ; "Many options would improve the fiscal fitness of our entitlement system and reduce the need for drastic action elsewhere in the federal budget. But let's be honest. These remedies work...

Persistent link: https://www.econbiz.de/10010725998

Buy a ticket! (with reference to the Strauss Brothers, Ambassador Mike Moore, Kenneth Arrow, financial sharpies, Martin Luther King Jr. and Gov. Dewey)

Fisher, Richard W. - Federal Reserve Bank of Dallas - 2011

Remarks before the Dallas Friday Group, Dallas, Texas, October 21, 2011 ; "Absent some shock, I envision a slow but steady improvement in the economy into 2012. That is, if our fiscal authorities will remove their stranglehold on clarifying fiscal initiatives. If not, then, in my view, I expect...

Persistent link: https://www.econbiz.de/10010723065

Confessions of a data dependent

Fisher, Richard W. - Federal Reserve Bank of Dallas - 2006

Remarks before the New York Association for Business Economics, New York, November 2, 2006 ; "Globalization brings new influences into the Fed's navigation calculations to determine the best flight path for the U.S. economy. To determine that course...we must develop a better understanding of...

Persistent link: https://www.econbiz.de/10010726054

Evidence on the two monetary base measures and economic activity

Haslag, Joseph H.; Hein, Scott E. - Federal Reserve Bank of Dallas - 1988

Persistent link: https://www.econbiz.de/10005394455

Sharing the burden: monetary and fiscal responses to a world liquidity trap

Cook, David; Devereux, Michael B. - Federal Reserve Bank of Dallas - 2011

With integrated trade and financial markets, a collapse in aggregate demand in a large country can cause "natural real … negative demand shock requires raising world aggregate demand, as well as redirecting demand towards the source (home) country …. ; The key feature of demand shocks in a liquidity trap is that relative prices respond perversely. A negative shock causes …

Persistent link: https://www.econbiz.de/10009292929

Some alternative perspectives on macroeconomic theory and some policy implications

White, William R. - Federal Reserve Bank of Dallas - 2010

insights need to be complemented by some insights from the Austrian school as well as those of Minsky. Demand factors are …

Persistent link: https://www.econbiz.de/10008598684

Racing to the top: how global competition disciplines public policy

Fisher, Richard W. - Federal Reserve Bank of Dallas - 2006

Remarks before the Dallas Friday Group, Dallas, Texas, April 11, 2006 ; "Competition brings benefits to the public sector the same way it does the private sector. Because factors of production are increasingly mobile in an era of globalization, governments vie to gain and hold onto them. Mobile...

Persistent link: https://www.econbiz.de/10010723067

The limits of monetary policy: 'Monetary policy responsibility cannot substitute for government irresponsibility'

Fisher, Richard W. - Federal Reserve Bank of Dallas - 2011

Remarks before a luncheon meeting of the Manhattan Institute and e21, New York City, January 12, 2011 ; "The key to correcting the underperformance of the American economy and American job creation does not rest with the Federal Reserve. It is in the hands of those who make fiscal and regulatory...

Persistent link: https://www.econbiz.de/10010726047

The fiscal multiplier and spillover in a global liquidity trap

Fujiwara, Ippei; Ueda, Kozo - Federal Reserve Bank of Dallas - 2010

We consider the fiscal multiplier and spillover in an environment in which two countries are caught simultaneously in a liquidity trap. Using an optimizing two-country sticky price model, we show that the fiscal multiplier and spillover are contrary to those predicted in textbook economics. For...

Persistent link: https://www.econbiz.de/10008465683

Fiscal deficits, debt, and monetary policy in a liquidity trap

Devereux, Michael B. - Federal Reserve Bank of Dallas - 2010

The macroeconomic response to the economic crisis has revived old debates about the usefulness of monetary and fiscal policy in fighting recessions. Without the ability to further lower interest rates, policy authorities in many countries have turned to expansionary fiscal policies. Recent...

Persistent link: https://www.econbiz.de/10008475891

1
2
3
4
5
6
7
8
9
10
Next
Last