a speech at the Committee for Economic Development 2010 International Counterparts Conference, New York, New York, December 1, 2010

This paper forms the basis for Janet Yellen's Presidential address to the Western Economic Association International, delivered July 1, 2004, in Vancouver, British Columbia.

Presentation to the Annual AEA/ASSA Conference, San Francisco, CA, January 4, 2009

This paper forms the basis for Janet Yellen's Presidential address to the Western Economic Association International, delivered July 1, 2004, in Vancouver, British Columbia.

Presentation to the Annual AEA/ASSA Conference, San Francisco, CA, January 4, 2009

a speech at the Committee for Economic Development 2010 International Counterparts Conference, New York, New York, December 1, 2010

We propose an integrated treatment of the problems of optimal monetary and fiscal policy, for an economy in which prices are sticky (so that the supply-side effects of tax changes are more complex than in standard fiscal analyses) and the only available sources of government revenue are...

The announcement of a plan to cut the U.S. federal budget deficit through the Gramm-Rudman-Hollings legislation provides an excellent opportunity to examine the influence of expectations on economic behavior. This paper presents a small forward-looking macroeconomic model and simulates the...