We study the effect of different types of macroeconomic impulses on the nominal yield curve. We employ two distinct approaches to identifying economic shocks in VARs. Our first approach uses a structural VAR due to Galí (1992). Our second strategy identifies fundamental impulses from...

We present a model embodying moderate amounts of nominal rigidities which accounts for the observed inertia in inflation and persistence in output. The key features of our model are those that prevent a sharp rise in marginal costs after an expansionary shock to monetary policy. Of these...

Remarks by Charles L. Evans President and Chief Executive Officer Federal Reserve Bank of Chicago U.S. Monetary Policy Forum University Club of New York New York, New York

Remarks by Charles L. Evans, President and Chief Executive Officer,Federal Reserve Bank of Chicago Chartered Financial Analysts Society of Chicago Lunch Mid-America Club 200 East Randolph Street Chicago, Illinois

Remarks by Charles L. Evans, President and Chief Executive Officer, Federal Reserve Bank of Chicago Federal Reserve Bank of Chicago Chicago, IL

Remarks by Charles L. Evans, President and Chief Executive Officer, Federal Reserve Bank of Chicago McLean County Chamber of Commerce, Bloomington, Illinois

Remarks by Charles L. Evans, President and Chief Executive Officer, Federal Reserve Bank of Chicago Council on Foreign Relations New York, NY

Remarks by Charles L. Evans, President and Chief Executive Officer, Federal Reserve Bank of Chicago Conference Banque de France - Federal Reserve Bank of Chicago "Asset Price Bubbles and Monetary Policy" Paris, France

Remarks by Charles L. Evans, President and Chief Executive Officer, Federal Reserve Bank of Chicago Swiss National Bank Research Conference Zurich, Switzerland

Remarks by Charles L. Evans, President and Chief Executive Officer,Federal Reserve Bank of Chicago CFA Society of Iowa Des Moines, IA