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On the economic outlook and the commitment to price stability
Lockhart, Dennis P. - Federal Reserve Bank of Atlanta - 2009
Remarks at the Rotary Club of Nashville, Nashville, Tennessee, July 20, 2009
Persistent link: https://www.econbiz.de/10010726510
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On the economic outlook and the commitment to price stability
Lockhart, Dennis P. - Federal Reserve Bank of San Francisco - 2009
Remarks at the Rotary Club of Nashville, Nashville, Tennessee, July 20, 2009
Persistent link: https://www.econbiz.de/10008633420
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How rigid are producer prices?
Goldberg, Pinelopi Koujianou; Hellerstein, Rebecca - Federal Reserve Bank of New York - 2009
Conventional wisdom suggests that producer prices are more rigid than consumer prices and therefore play less of a role … for the producer price index, we find that producer prices for finished goods and services in fact exhibit roughly the … same rigidity as consumer prices that include sales and substantially less rigidity than consumer prices that exclude them …
Persistent link: https://www.econbiz.de/10008636157
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In brief: economic capsules: an overview of inflation measurement
Brauer, David A.; Wu, Lucille - In: Quarterly Review (1991) Sum, pp. 25-29
construction and coverage of these measures and touch on some of the issues affecting the measurement of prices for a broad range …
Persistent link: https://www.econbiz.de/10008456380
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Has excess capacity abroad reduced U.S. inflationary pressures?
Orr, James A. - In: Quarterly Review (1994) Sum, pp. 101-106
pressures by keeping import prices from rising as fast as the prices of U.S.-produced goods. The analysis finds that overall …
Persistent link: https://www.econbiz.de/10008456414
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Optimal monetary policy
Khan, Aubhik; King, Robert G.; Wolman, Alexander L. - Federal Reserve Bank of Richmond - 2000
Optimal monetary policy maximizes welfare, given frictions in the economic environment. Constructing a model with two sets of frictions - the Keynesian friction of costly price adjustment by imperfectly competitive firms and the Monetarist friction of costly exchange of wealth for goods - we...
Persistent link: https://www.econbiz.de/10004993913
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The case for price stability
Goodfriend, Marvin; King, Robert G. - Federal Reserve Bank of Richmond - 2001
Reasoning within the New Neoclassical Synthesis (NNS) we previously recommended that price stability should be the primary objective of monetary policy. We called this a neutral policy because it keeps output at its potential, defined as the outcome of an imperfectly competitive real business...
Persistent link: https://www.econbiz.de/10004993924
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A primer on optimal monetary policy with staggered price-setting
Wolman, Alexander L. - In: Economic Quarterly (2001) Fall, pp. 27-52
Persistent link: https://www.econbiz.de/10005729229
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Zero inflation and the Friedman rule: a welfare comparison
Wolman, Alexander L. - In: Economic Quarterly (1997) Fall, pp. 1-21
Persistent link: https://www.econbiz.de/10005729251
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Reset price inflation and the impact of monetary policy shocks
Bils, Mark; Klenow, Peter J.; Malin, Benjamin A. - Federal Reserve Board (Board of Governors of the … - 2009
price inflation." Reset price inflation is the rate of change of all desired prices (including for goods that have not …
Persistent link: https://www.econbiz.de/10004967549