Showing 71 - 80 of 103
Unconventional monetary policies such as asset purchases and forward policy guidance have given the Federal Reserve much-needed tools when the traditional policy interest rate is near zero. Looking ahead to normal times, certain types of unconventional policies are best kept in reserve. If...
Persistent link: https://www.econbiz.de/10010723018
Textbook monetary theory holds that increasing the money supply leads to higher inflation. However, the Federal Reserve has tripled the monetary base since 2008 without inflation surging. With interest rates at historically low levels and the economy still struggling, the normal money multiplier...
Persistent link: https://www.econbiz.de/10010726505
Presentation to the Portland Business Journal CFO of the Year Awards Luncheon, Portland, Oregon, May 16, 2013
Persistent link: https://www.econbiz.de/10010659539
Over the past twenty years, monetary policy rules have played an increasingly central role in disucssions of monetary policy strategy and tactics at the Federal Reserve. This represented a sea change in thinking about monetary policy in terms of a systematic startagey rather than a sequence of...
Persistent link: https://www.econbiz.de/10011117338
risk, liquidity, or other factors. Using a no-arbitrage pricing framework and various measures of risk, we find robust …
Persistent link: https://www.econbiz.de/10011027067
Presentation to The Forecasters Club, New York, New York, February 21, 2013
Persistent link: https://www.econbiz.de/10010628451
Presentation to the Center for Economics and Public Policy, UC Irvine, Irvine, California, November 5, 2012
Persistent link: https://www.econbiz.de/10010592561
Presentation to the SPUR Business Breakfast Series, San Francisco, CA, April 4, 2012. ; President Williams presented similar remarks to the University of San Diego School of Business Administration in San Diego, California, on April 3, 2012.
Persistent link: https://www.econbiz.de/10010551200
Presentation to the Marian Miner Cook Athenaeum, Claremont McKenna College, Claremont, California, February 13, 2012
Persistent link: https://www.econbiz.de/10010551201
Presentation to the 2012 Santa Barbara County Economic Summit, Santa Barbara, CA, May 3, 2012
Persistent link: https://www.econbiz.de/10010551202