This paper examines whether monetary shocks can consistently generate stagflation in a dynamic, stochastic setting. I assume that the monetary authority can induce transitory shocks and longer-lasting monetary regime changes in its operating instrument. Firms cannot distinguish between these...

Presentation to the Midwest Economic Education Conference, St. Louis - April 11, 2002

Remarks at the Whitman School of Management at Syracuse University, Syracuse, New York.

Remarks at the University at Albany, Albany, New York.

Remarks at the Dutchess County Regional Chamber of Commerce, Fishkill, New York.

Remarks by President Dudley at the Quarterly Regional Economic Press Briefing, New York City.

Remarks by President Dudley at the Brooklyn Chamber of Commerce Brooklyn Borough Hall, Brooklyn, New York.

Remarks at the at the Society of American Business Editors and Writers Fall Conference, City University of New York, Graduate School of Journalism, New York City.

Remarks at the European Economics and Financial Centre, London, England.

Remarks at the State University of New York at New Paltz, New Paltz, New York.