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Monetary union and macroeconomic stabilization

Buiter, Willem H.; Kletzer, Kenneth - 1996

Persistent link: https://www.econbiz.de/10000939628

The decline of activist stabilization policy: natural rate misperceptions, learning, and expectations

Orphanides, Athanasios; Williams, John C. - Federal Reserve Bank of San Francisco - 2003

the natural rate of unemployment during the late 1960s and 1970s on the formation of expectations and macroeconomic … outcomes. We find that the combination of monetary policy directed at tight stabilization of unemployment near its perceived … and destabilized the economy. Had monetary policy reacted less aggressively to perceived unemployment gaps, inflation …

Persistent link: https://www.econbiz.de/10005721444

The decline of activist stabilization policy: natural rate misperceptions, learning, and expectations

Orphanides, Athanasios; Williams, John C. - Federal Reserve Bank of San Francisco - 2003

Persistent link: https://www.econbiz.de/10010702201

Effects of alternative monetary stabilization policies: an unexpected finding

Prescott, Edward C. - Federal Reserve Bank of San Francisco - 1993

Persistent link: https://www.econbiz.de/10005078272

Measuring the effect of the zero lower bound on medium- and longer-term interest rates

Swanson, Eric T.; Williams, John C. - Federal Reserve Bank of San Francisco - 2012

The zero lower bound on nominal interest rates has constrained the Federal Reserve’s setting of the overnight federal funds rate for over three years running. According to many macroeconomic models, such an extended period of being stuck at the zero bound has important implications for the...

Persistent link: https://www.econbiz.de/10010551214

Stabilization policy: a reconsideration

Yellen, Janet L. - Federal Reserve Bank of San Francisco - 2004

This paper forms the basis for Janet Yellen's Presidential address to the Western Economic Association International, delivered July 1, 2004, in Vancouver, British Columbia.

Persistent link: https://www.econbiz.de/10010724825

The economy, fiscal policy, and monetary policy

Williams, John C. - Federal Reserve Bank of San Francisco - 2012

Presentation to the Financial Women’s Association of San Francisco, San Francisco, CA, October 15, 2012

Persistent link: https://www.econbiz.de/10010724858

Heeding Daedalus: Optimal inflation and the zero lower bound

Williams, John C. - Federal Reserve Bank of San Francisco - 2009

additional 4 percentage points of rate cuts would have kept the unemployment rate from rising as much as it has and would bring … the unemployment and inflation rates more quickly to steady-state values, but the zero bound precludes these actions. This …

Persistent link: https://www.econbiz.de/10008603769

Monetary and financial integration : evidence from Portuguese borrowing patterns

Spiegel, Mark (contributor) - 2004 - [Elektronische Ressource]

Persistent link: https://www.econbiz.de/10002116844

On demographic adjustments to estimates of the natural rate of unemployment: a note

Moorthy, Vivek - Federal Reserve Bank of San Francisco - 1988

Persistent link: https://www.econbiz.de/10005078329

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