Similar Search Results

The evolution of Federal Reserve credibility: 1978-1984

Hardouvelis, Gikas A.; Barnhart, Scott W. - Federal Reserve Bank of New York - 1988

Persistent link: https://www.econbiz.de/10005717253

Recent changes in the U.S. business cycle

Chauvet, Marcelle; Potter, Simon - Federal Reserve Bank of New York - 2001

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...

Persistent link: https://www.econbiz.de/10005526294

U.S. monetary policy and financial markets

Meulendyke, Ann-Marie - Federal Reserve Bank of New York

Persistent link: https://www.econbiz.de/10005545053

The short end of the forward convergence curve and asymmetric cat's tail convergence

Remolona, Eli M.; Dziwura, Joseph; Pedraza, Irene - Federal Reserve Bank of New York - 1995

How is the term structure able to predict future interest rates several months in the future and why is it so steep at the short end? Recent empirical work shows that rates of mean reversion are too slow to help predict short rates or to account for the curve's steepness. We propose that short...

Persistent link: https://www.econbiz.de/10005387233

Federal Reserve operating procedures and institutional change

Wenninger, John; Lee, William - Federal Reserve Bank of New York - 1992

Persistent link: https://www.econbiz.de/10005387250

The political and institutional independence of U.S. monetary policy

Akhtar, M.A.; Howe, Howard - Federal Reserve Bank of New York - 1991

Persistent link: https://www.econbiz.de/10005387317

Day-to-day monetary policy and the volatility of the federal funds interest rate

Bartolini, Leonardo; Bertola, Giuseppe; Prati, Alessandro - Federal Reserve Bank of New York - 2000

We propose a model of the interbank money market with an explicit role for central bank intervention and periodic reserve requirements, and study the interaction of profit-maximizing banks with a central bank targeting interest rates at high frequency. The model yields predictions on biweekly...

Persistent link: https://www.econbiz.de/10005726573

Why did the average duration of unemployment become so much longer?

Mukoyama, Toshihiko (contributor); … - 2004 - [Elektronische Ressource]

"This paper examines the causes of the observed increase in the average duration of unemployment over the past thirty … in the generosity and coverage of unemployment insurance. We find that changes in the composition of the labor force and … institutional changes can only partially account for the longer duration of unemployment. We construct a job search model and …

Persistent link: https://www.econbiz.de/10002521759

Markov switching in disaggregate unemployment rates

Chauvet, Marcelle (contributor); Juhn, Chinhui (contributor) - 2001 - [Elektronische Ressource]

Persistent link: https://www.econbiz.de/10001590063

Shifts in the Beveridge curve

Diamond, Peter A.; Sahin, Aysegul - Federal Reserve Bank of New York - 2014

has not been a good predictor of whether the unemployment rate at the end of the expansion following a shift was higher or …

Persistent link: https://www.econbiz.de/10010890134