Remarks at the Washington and Lee University H. Parker Willis Lecture in Political Economics, Lexington, Virginia.

Remarks at United States Military Academy at West Point, West Point, New York.

Remarks at the Quarterly Regional Economic Press Briefing, New York City.

Remarks by President Dudley at the Foreign Policy Association Corporate Dinner, New York City.

The U.S. business cycle expansion that started in March 1991 is the longest on record. This paper uses statistical techniques to examine whether this expansion is a onetime unique event or whether its length is a result of a change in the stability of the U.S. economy. Bayesian methods are used...

Remarks at Cornell University, Ithaca, New York.