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~isPartOf:"Review / Federal Reserve Bank of St. Louis"
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Independence + accountability: why the Fed is a well-designed central bank
Waller, Christopher J.
- In:
Review
(
2011
)
Sep
,
pp. 293-302
In 1913, Congress purposefully created the Federal Reserve as an independent central bank, which created a fundamental tension: how to ensure the Fed remains accountable to the electorate without losing its independence. Over the years, there have been changes in the Fed’s structure to improve...
Persistent link: https://www.econbiz.de/10009292970
Saved in:
2
Understanding the Fed
Poole, William
- In:
Review
(
2007
)
Jan
,
pp. 3-14
This article was originally presented as a speech at the Dyer County Chamber of Commerce Annual Membership Luncheon, Dyersburg, Tennessee, August 31, 2006.
Persistent link: https://www.econbiz.de/10005415282
Saved in:
3
The dual mandate: has the Fed changed its objective?
Thornton, Daniel L.
- In:
Review
(
2012
)
Mar
,
pp. 117-134
The Federal Reserve is said to have a dual mandate of price stability and full employment. While the Fed has mentioned price stability as one of its primary goals, it has been reluctant to mention employment as a separate policy objective, preferring instead to state that maximum employment...
Persistent link: https://www.econbiz.de/10011026883
Saved in:
4
Monetary policy on the 75th anniversary of the Federal Reserve System: summary of conference proceedings
Belongia, Michael T.
- In:
Review
(
1990
)
Sep
,
pp. 59-65
Persistent link: https://www.econbiz.de/10005519635
Saved in:
5
The changing role of the Federal Reserve
Schultz, Frederick H.
- In:
Review
(
2005
)
Mar
,
pp. 343-348
Persistent link: https://www.econbiz.de/10005519652
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6
A look inside two central banks: the European Central Bank and the Federal Reserve
Pollard, Patricia S.
- In:
Review
(
2003
)
Jan
,
pp. 11-30
In 1998 the European Central Bank (ECB) became the world’s 173rd central bank. The Eurosystem, with its structure of national central banks and the ECB, is similar to the Federal Reserve System, with its District Banks and Board of Governors. However, important differences exist in the way the...
Persistent link: https://www.econbiz.de/10005519761
Saved in:
7
The misuse of the Fed's discount window
Schwartz, Anna J.
- In:
Review
(
1992
)
Sep
,
pp. 58-69
Persistent link: https://www.econbiz.de/10005724907
Saved in:
8
Potential output in a rapidly developing economy: the case of China and a comparison with the United States and the European Union
Zheng, Jinghai
;
Hu, Angang
;
Bigsten, Arne
- In:
Review
(
2009
)
Jul
,
pp. 317-342
The authors use a growth accounting framework to examine growth of the rapidly developing Chinese economy. Their findings support the view that, although feasible in the intermediate term, China's recent pattern of extensive growth is not sustainable in the long run. The authors believe that...
Persistent link: https://www.econbiz.de/10005065557
Saved in:
9
Estimating U.S. output growth with vintage data in a state-space framework
Anderson, Richard G.
;
Gascon, Charles S.
- In:
Review
(
2009
)
Jul
,
pp. 349-370
This study uses a state-space model to estimate the "true" unobserved measure of total output in the U.S. economy. The analysis uses the entire history (i.e., all vintages) of selected real-time data series to compute revisions and corresponding statistics for those series. The revision...
Persistent link: https://www.econbiz.de/10005065560
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10
Commentary on Potential output in a rapidly developing economy: the case of China and a comparison with the United States and the European Union
Zhu, Xiaodong
- In:
Review
(
2009
)
Jul
,
pp. 343-348
Persistent link: https://www.econbiz.de/10005065568
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