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The fiscal theory of the price level
Carlstrom, Charles T.; Fuerst, Timothy S. - In: Economic Review (2000) Q I, pp. 22-32
A traditional function of the central bank is to control the price level. The fiscal theory of the price level …
Persistent link: https://www.econbiz.de/10005360714
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Observations on the global economy and financial system
Checki, Terrence J. - Federal Reserve Bank of New York - 2013
Remarks at the IIF Annual Meeting of Latin America Chief Executives, Santiago, Chile.
Persistent link: https://www.econbiz.de/10010724988
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Observations on the global economy and financial system
Checki, Terrence J. - In: Speech (2013) Mar 6
Remarks at the IIF Annual Meeting of Latin America Chief Executives, Santiago, Chile.
Persistent link: https://www.econbiz.de/10010635833
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Insulation impossible: fiscal spillovers in a monetary union
Cooper, Russell; Kempf, Hubert; Peled, Dan - Federal Reserve Bank of Dallas - 2009
interaction between the fiscal policy of member countries (regions) and the central monetary authority. When capital markets are …
Persistent link: https://www.econbiz.de/10005009937
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The advantage of flexible targeting rules
Ferrero, Andrea - Federal Reserve Bank of New York - 2008
This paper investigates the consequences of debt stabilization for inflation targeting. If the monetary authority perfectly stabilizes inflation while the fiscal authority holds constant the real value of debt at maturity, the equilibrium dynamics might be indeterminate. However, determinacy can...
Persistent link: https://www.econbiz.de/10005420654
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Fiscal policymaking and the central bank institutional constraint
Burdekin, Richard C.K.; Laney, Leroy O. - Federal Reserve Bank of Dallas - 1986
Persistent link: https://www.econbiz.de/10005394375
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Cross-country evidence on the relationship between central banks and governments
Burdekin, Richard C.K. - Federal Reserve Bank of Dallas - 1986
Persistent link: https://www.econbiz.de/10005394411
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Price stability: is a tough central bank enough?
Christiano, Lawrence J.; Fitzgerald, Terry J. - In: Economic Commentary (2000) Aug
What is the best way to achieve price stability? Conventional wisdom says that a tough, independent central bank is all … also required, no matter how tough the central bank may be. The choice of the fiscal theory versus the conventional view … has significant implications for the way central banks do business. …
Persistent link: https://www.econbiz.de/10005512823
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The road to recovery: Puerto Rico and the mainland
Dudley, William C. - Federal Reserve Bank of New York - 2011
Remarks at E-3 Summit of the Americas: Export Trade Basics Forum 101, San Juan, Puerto Rico.
Persistent link: https://www.econbiz.de/10010724968
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The challenges ahead
Dudley, William - Federal Reserve Bank of New York - 2010
Remarks at the Center for the New Economy 2010 Economic Conference, San Juan, Puerto Rico.
Persistent link: https://www.econbiz.de/10010725042