An economy like that of China started out a lot of controversies and a lot of analysis. Recently, the monetary policy led by China gave birth to a series of disturbing questions, as follows: for how long can the fixed exchange rate be sustained? what will be the consequences of the continuous...

This paper aims to show the different approaches of monetary policies from a Keynesian and a Monetarist perspective. We will present a critical view about money and monetary theories by comparing two of the most important and influential schools of economic thinking: Keynesian paradigm and...

Remarks by Eric S. Rosengren, President and Chief Executive Officer, Federal Reserve Bank of Boston, at the U. S. Monetary Policy Forum, New York, New York, February 22, 2013.

In this paper, we develop a simple dynamic optimization model of a central bank, in which the bank’s profit affects its balance sheet. The model derives the transversality condition that is necessary for a central bank to be sustainable and to conduct an optimal monetary policy. In this sense,...

Presented at the 2012 Economic Forecast Breakfast and Annual Meeting of the Main Line Chamber of Commerce and the Main Line Chamber Foundation, Gladwyne, PA, February 1, 2012

Presented at the Stanford Institute for Economic Policy Research’s (SIEPR) Associates Meeting, Stanford, CA, February 12, 2013

Economic Prospects and Monetary Policy for the New Year> 33rd Annual Economic Seminar, January 11, 2012, Rochester, New York

Presented at The Forecasters Club, New York, New York, February 29, 2012.>

Presented at the Economic Forecast, The University of Delaware Center for Economic Education and Entrepreneurship, Newark, Delaware, February 14, 2012

Presented at the Economic Development Company and Economic Development Finance Corporation of Lancaster County Annual Meeting, March 6, 2013, Lancaster, PA