Similar Search Results

Unconventional monetary policy and central bank communications : a speech at the University of Chicago Booth School of Business U.S. Monetary Policy Forum, New York, New York, Febr...

Yellen, Janet L. - Federal Reserve Board (Board of Governors of the … - 2011

remarks at the U.S. Monetary Policy Forum, New York, New York, February 25, 2011 …

Persistent link: https://www.econbiz.de/10010729257

Assessing potential financial imbalances in an era of accommodative monetary policy : a speech at the 2011 International Conference: Real and Financial Linkage and Monetary Policy,...

Yellen, Janet L. - Federal Reserve Board (Board of Governors of the … - 2011

remarks at the 2011 International Conference: Real and Financial Linkage and Monetary Policy, Bank of Japan, Tokyo …

Persistent link: https://www.econbiz.de/10010729290

Broad money demand and financial liberalization in Greece

Ericsson, Neil R.; Sharma, Sunil - Federal Reserve Board (Board of Governors of the … - 1996

contributes to a better understanding of the effects of monetary policy in Greece and of the portfolio consequences of financial …This paper develops a constant, data-coherent, error correction model for broad money demand (M3) in Greece. This model … innovation in general. The broad monetary aggregate M3 was targeted until recently, and current monetary policy still uses such …

Persistent link: https://www.econbiz.de/10005712813

Encompassing and rational expectations: how sequential corroboration can imply refutation

Ericsson, Neil R.; Hendry, David F. - Federal Reserve Board (Board of Governors of the … - 1989

Even though pieces of empirical evidence individually may corroborate an economic theory, their joint existence may refute that same theory. We discuss examples concerning testing for omitted variables, simultaneity, and rational expectations in the context of general-to-simple versus...

Persistent link: https://www.econbiz.de/10005368372

A method for solving systems of first order linear homogeneous differential equations when the elements of the forcing vector are modelled as step functions

Johnson, Robert A. - Federal Reserve Board (Board of Governors of the … - 1986

This paper presents a method for solving a system of first order linear differential equations with constant coefficients when the elements of the forcing vector are step functions. The analysis presented in the text has been programmed for use in the computer simulation of linear continuous...

Persistent link: https://www.econbiz.de/10005368404

The simultaneous equations model with generalized autoregressive conditional heteroskedasticity: the SEM-GRACH model

Harmon, Richard - Federal Reserve Board (Board of Governors of the … - 1988

In this paper I generalize the standard simultaneous equations model by allowing the innovations of the structural equations to exhibit Generalized Autoregressive Conditional Heteroskedasticity (GARCH). I refer to this new specification as the SEM-GARCH model. I develop two estimation...

Persistent link: https://www.econbiz.de/10005372542