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A speech presented at "Food and Water - Basic Challenges to International Stability," 2009 Global Conference Series (Part 4), (Global Interdependence Center (GIC) in partnership with the University of Chicago Booth School of Business, Singapore, November 19, 2009
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Greater Philadelphia Chamber of Commerce<p> President Charles Plosser gives his views on economic growth, inflation …
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Society of American Business Editors and Writers Fall Conference, City University of New York (CUNY) Graduate School of Journalism. New York, NY. President Charles Plosser gives his views on the regional and national economy and discusses why he remains optimistic about the economic outlook. He...
Persistent link: https://www.econbiz.de/10010941663
Lehigh Valley Partnership and Lehigh Valley Economic Development Corporation. Allentown, PA. President Charles Plosser gives his views on the regional and national economy and discusses why he remains optimistic about the economic outlook. He also shares his thoughts about monetary policy and...
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.S. that allow for time-varying volatility. They then feed these processes into an otherwise standard New Keynesian business … cycle model calibrated to the U.S. economy. The authors find that fiscal volatility shocks have an adverse effect on …
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The literature on optimal monetary policy in New Keynesian models under both commitment and discretion usually solves for the optimal allocations that are consistent with a rational expectations market equilibrium, but it does not study whether the policy can be implemented given the available...
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. Finally, they characterize the optimal monetary policy and show that it necessarily entails a positive inflation rate, which …
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