This paper examines welfare-maximizing monetary policy in an estimated dynamic stochastic general equilibrium model of the U.S. economy where the policymaker faces uncertainty about the true values of model parameters. Uncertainty about parameters describing preferences and technology implies...

Presentation to Seattle-Area community leaders, Bellevue, WA, June 6, 2012

Presentation at the Central Bank of Chile, Fourth Summit Meeting of Central Banks on Inflation Targeting, Santiago, Chile, November 18, 2011

Presentation to Portland community leaders, Portland, OR. July 12, 2012

Presentation to Town Hall Los Angeles, Los Angeles, California, April 3, 2013

Presentation to Boise business and community leaders’ luncheon, Boise, Idaho, October 10, 2013