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Monetary policy and stock market booms and busts in the 20th century
Bordo, Michael D. (contributor); Dueker, Michael (contributor) - 2007
Persistent link: https://www.econbiz.de/10003740625
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When do stock market booms occur? : The macroeconomic and policy environments of 20th century booms
Bordo, Michael D. (contributor);  … - 2006
Persistent link: https://www.econbiz.de/10003740475
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Inflation, monetary policy and stock market conditions
Bordo, Michael D. (contributor); Dueker, Michael (contributor) - 2008
"This paper examines the association between inflation, monetary policy and U.S. stock market conditions during the … episodes and find evidence that inflation and interest rate shocks had particularly strong impacts on market conditions in the … postwar era. Disinflation shocks promoted market booms and inflation shocks contributed to busts. We conclude that central …
Persistent link: https://www.econbiz.de/10003741414
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The promise and performance of the Federal Reserve as lender of last resort 1914-1933
Bordo, Michael D.; Wheelock, David C. - 2010
Persistent link: https://www.econbiz.de/10008668604
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Forecasting with the yield curve; level, slope, and output 1875 - 1997
Bordo, Michael D.; Haubrich, Joseph Gerard - In: Economics letters 99 (2008) 1, pp. 48-50
Persistent link: https://www.econbiz.de/10003723216
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Labor productivity during the Great Depression
Bordo, Michael D. - In: Economics letters 47 (1995) 1, pp. 41-45
Persistent link: https://www.econbiz.de/10001175006
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U.S. Intervention and the Early Dollar Float : 1973-1981
Bordo, Michael D. - 2010
The dollar's depreciation during the early floating rate period, 1973-1981, was a symptom of the Great Inflation. In …
Persistent link: https://www.econbiz.de/10013135219
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U.S. Foreign-Exchange-Market Intervention During the Volcker-Greenspan Era
Bordo, Michael D. - 2010
The Federal Reserve abandoned foreign-exchange-market intervention because it conflicted with the System's commitment to price stability. By the early 1980s, economists generally concluded that, absent a portfolio-balance channel, sterilized foreign-exchange-market intervention did not provide...
Persistent link: https://www.econbiz.de/10013139393
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U.S. Monetary-Policy Evolution and U.S. Intervention
Bordo, Michael D. - 2011
The United States all but abandoned its foreign-exchange-market intervention operations in late 1995, when they proved corrosive to the credibility of the Federal Reserve's commitment to price stability. We view this decision as the culmination of the evolution of U.S. monetary policy over the...
Persistent link: https://www.econbiz.de/10013119099
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On the Evolution of U.S. Foreign-Exchange-Market Intervention : Thesis, Theory, and Institutions
Bordo, Michael D. - 2011
Reserve's ability to credibly commit to low and stable inflation. This chapter also provides a theoretical discussion of …
Persistent link: https://www.econbiz.de/10013123428