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

Presentation to the members of Parliament at the Conference on U.S. Monetary Policy convened by the European Economics and Financial Centre, London, England, September 27, 2005

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...

Paper for a conference sponsored by the Federal Reserve Bank of New York entitled Financial Innovation and Monetary Transmission

Paper for a conference sponsored by the Federal Reserve Bank of New York entitled Financial Innovation and Monetary Transmission

Paper for a conference sponsored by the Federal Reserve Bank of New York entitled Financial Innovation and Monetary Transmission