This paper analyzes how noisy or imprecise announcements might partially remove the inefficiencies resulting from the credibility problem in monetary policy when the presence of non-verifiable private information adds another dimension to that problem. The analysis finds that imprecise or noisy...

We study the interaction of multiple large economies in dynamic stochastic general equilibrium. Each economy has a monetary policymaker that attempts to control the economy through the use of a linear nominal interest rate feedback rule. We show how the determinacy of worldwide equilibrium...

A speech at the Middle Tennessee State University, Annual Economic Outlook Conference, Murfreesboro, Tenn., Sept. 29, 2006

Presentation at the Philadelphia Fed Policy Forum, Philadelphia - Nov. 30, 2001

Presentation at the Hawaii Council on Economic Education Annual Meeting, Honolulu - April 25, 2000

Presentation to the Arkansas Business and Economic Society and The Central Arkansas Chapter of the Risk Management Association, Little Rock -Feb. 15, 2001

Presentation to the First Conference of the Monetary Stability Foundation at the Regional Office of Deutsche Bundesbank, Frankfurt, Germany - Dec. 5, 2002

Presentation to the Midwest Economic Education Conference, St. Louis - April 11, 2002

Presentation to the National Association For Business Economics 43rd Annual Meeting, New York City - Sept. 10, 2001