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Estimating the Effects of Political Pressure on the Fed : A Narrative Approach with New Data
Drechsel, Thomas - National Bureau of Economic Research - 2024
This paper combines new data and a narrative approach to identify shocks to political pressure on the Federal Reserve. From archival records, I build a data set of personal interactions between U.S. Presidents and Fed officials between 1933 and 2016. Since personal interactions do not...
Persistent link: https://www.econbiz.de/10014544739
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Issues regarding the use of the policy rate tool
Campbell, Jeffrey R.; King, Thomas B.; Orlik, Anna; … - 2020
Persistent link: https://www.econbiz.de/10012389386
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Central Bank transparency in theory and practice
Demertzis, Maria; Hughes Hallett, Andrew - In: Journal of macroeconomics 29 (2007) 4, pp. 760-789
Persistent link: https://www.econbiz.de/10003586696
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Rules versus discretion at the Federal Reserve System : on to the second century
Friedman, Benjamin M. - In: Journal of macroeconomics 34 (2012) 3, pp. 608-615
Persistent link: https://www.econbiz.de/10009690481
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What have central bankers learned from modern macroeconomic theory?
Howitt, Peter - In: Journal of macroeconomics 34 (2012) 1, pp. 11-22
Persistent link: https://www.econbiz.de/10009624480
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Lessons from a century of FED policy : why monetary and credit policies need rules and boundaries
Goodfriend, Marvin - In: Journal of economic dynamics & control 49 (2014), pp. 112-120
Persistent link: https://www.econbiz.de/10010486593
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Inflation forecast contracts
Gersbach, Hans; Hahn, Volker - In: Journal of economic dynamics & control 48 (2014), pp. 26-40
Persistent link: https://www.econbiz.de/10010485839
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Evaluating an estimated new Keynesian small open economy model
Adolfson, Malin; Laséen, Stefan; Lindé, Jesper; … - In: Journal of economic dynamics & control 32 (2008) 8, pp. 2690-2721
Persistent link: https://www.econbiz.de/10003746481
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The macroeconomic effects of the Federal Reserve's unconventional monetary policies
Engen, Eric M.; Laubach, Thomas T.; Reifschneider, … - 2015
Persistent link: https://www.econbiz.de/10011408530
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The credibility of the monetary policy "free lunch"
Yetman, James - In: Journal of macroeconomics 27 (2005) 3, pp. 434-451
Persistent link: https://www.econbiz.de/10003113701