The U.S. economy appears to have experienced a pronounced shift toward higher productivity over the last five years or so. We wish to understand the implications of such shifts for the structure of optimal monetary policy rules in simple dynamic economies. Accordingly, we begin with a standard...

Speech to the Certified Financial Analysts Institute, Annual Conference, Vancouver, British Columbia, May 13, 2008

Speech to a community leaders' luncheon at the Los Angeles Rotary Club, Los Angeles, California, September 5, 2008. ; President Yellen presented similar remarks to a community leaders' luncheon in Salt Lake City, Utah on September 4, 2008.

Speech to a community leaders' luncheon, Anchorage, Alaska, July 12, 2007

Presentation to the Financial Women’s Association, San Francisco, CA, January 15, 2009

Speech to the Seattle Community Development Roundtable and the Seattle Chamber of Commerce Board of Trustees, Seattle, Washington, December 3, 2007

Speech to the First Annual Conference of the Risk Management Institute, Singapore, via video-conference, July 5, 2007