Delivered at the High Profile Speaker Series, New York Society of Security Analysts, New York City. November 8, 2010.

Studies of the predictive ability of the Federal Reserve's Beige Book, an anecdotal measure of regional economic conditions, for aggregate output and employment have proven inconclusive. This might be attributed, in part, to the irregular release schedule of the Beige Book. In this paper, we use...

Presentation to the Ozark Chapter of the Society of Financial Service Professionals, Springfield, Mo., Oct. 6, 2004

Presentation to the Ozark Chapter of the Society of Financial Service Professionals, Springfield, Mo., Oct. 6, 2004

This paper examines the history of Federal Reserve Bank input into Federal Reserve System monetary policymaking. From the Fed's founding in 1914 through the Great Depression, the Reserve Banks held the balance of power. Dissatisfaction with the Fed's performance, however, led to a wholesale...

Traditionally, monetary policy has been conducted under a veil of secrecy. In its landmark Freedom of Information Act case, the Federal Reserve argued that it needed to delay the disclosure of its policy decision, claiming that immediate disclosure would cause the market to overreact or react in...

Given at the 36th Annual Economic Policy Conference, St. Louis. October 20, 2011.

Presented at the Annual Dealmakers Event, San Diego, California.

Presented at CFA Society of St. Louis. November 15, 2011.

Presented in London, U.K. Addressed members of various financial institutions on Wednesday at the UBS Macro Dinner in London.