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Price smoothing, intermediate monetary targeting, and price level non- trend-stationarity
VanHoose, David D. - Federal Reserve Board (Board of Governors of the … - 1988
Persistent link: https://www.econbiz.de/10005721237
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Money and inflation: some critical issues
McCallum, Bennett T.; Nelson, Edward - Federal Reserve Board (Board of Governors of the … - 2010
aggregates at all. We begin by considering the body of thought known as the "quantity theory of money." The quantity theory … the nominal money stock. The nominal homogeneity conditions that deliver the quantity-theory result are the same as those … that deliver monetary neutrality, an important principle behind policy formulation. The quantity theory implies a ceteris …
Persistent link: https://www.econbiz.de/10008764380
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When is monetary policy effective?
Ammer, John; Brunner, Allan D. - Federal Reserve Board (Board of Governors of the … - 1995
In this paper, we investigate a number of issues that have not been completely addressed in previous studies regarding the possible asymmetric effects of monetary policy. Overall, we interpret our results as weak evidence in favor of sticky-wage and sticky-price theories and strong evidence...
Persistent link: https://www.econbiz.de/10005372575
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John Taylor rules: a speech at the Conference on John Taylor's Contributions to Monetary Theory and Policy, Federal Reserve Bank of Dallas, Dallas, Texas, October 12, 2007
Kohn, Donald L. - Federal Reserve Board (Board of Governors of the … - 2007
Persistent link: https://www.econbiz.de/10010725223
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Opening remarks to the Conference on John Taylor's Contributions to Monetary Theory and Policy
Bernanke, Ben S. - Federal Reserve Board (Board of Governors of the … - 2007
Federal Reserve Bank of Dallas, Dallas, Texas (via videoconference),
Persistent link: https://www.econbiz.de/10010725276
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Welcoming remarks
Bernanke, Ben S. - Federal Reserve Board (Board of Governors of the … - 2006
a speech at the Fourth Conference of the International Research Forum on Monetary Policy, Washington, D.C.
Persistent link: https://www.econbiz.de/10010725502
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Improving the international monetary and financial system : a speech at the Banque de France International Symposium, Paris, France, March 4, 2011
Yellen, Janet L. - Federal Reserve Board (Board of Governors of the … - 2011
a speech at the Banque de France International Symposium, Paris, France, March 4, 2011
Persistent link: https://www.econbiz.de/10010729294
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John Taylor rules: a speech at the Conference on John Taylor's Contributions to Monetary Theory and Policy, Federal Reserve Bank of Dallas, Dallas, Texas, October 12, 2007
Kohn, Donald L. - Federal Reserve Board (Board of Governors of the … - 2007
Persistent link: https://www.econbiz.de/10005390122
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Uncertainty, learning, and gradual monetary policy
Sack, Brian - Federal Reserve Board (Board of Governors of the … - 1998
The value of a vast array of financial assets are functions of rates or prices determined in OTC, interbank, or other off-exchange markets. In order to price such derivative assets, underlying rate and price indexes are routinely sampled and estimated. To guard against misreporting, whether...
Persistent link: https://www.econbiz.de/10005393961
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Data uncertainty and the role of money as an information variable for monetary policy
Coenen, Gunter; Levin, Andrew; Wieland, Volker - Federal Reserve Board (Board of Governors of the … - 2001
This paper demonstrates that money can play an important role as an information variable and may result in major improvements in current output estimates. However, the specific nature of this role depends on the magnitude of the output measurement error relative to the money demand shock. In...
Persistent link: https://www.econbiz.de/10005394197