A speech delivered by Charles Evans before the Public Policy Symposium on OTC Derivative Clearing on September 3, 2010, in Chicago, IL.

Remarks delivered by Charles Evans before the Federal Reserve Bank of Boston's 55th Economic Conference on October 16, 2010, in Boston, Mass.

Remarks for the University Club of Chicago, June 8, 2010 Chicago, IL

A speech delivered by Charles Evans before the Summit on REO and Vacant Property Strategies for Neighborhood Stabilization on September 1, 2010, in Washington, DC.

Remarks delivered by Charles Evans before the Evanston Civic Leaders Breakfast on October 19, 2010, in Evanston, Ill.

Monetary policy research using time series methods has been criticized for using more information than the Federal Reserve had available in setting policy. To quantify the role of this criticism, we propose a method to estimate a VAR with real-time data while accounting for the latent nature of...

Recent research has questioned the usefulness of Vector Autoregression (VAR) models as a description of monetary policy, especially in light of the low correlation between forecast errors from VARs and those derived from Fed funds futures rates. This paper presents three findings on VARs'...

We provide new evidence that models of the monetary transmission mechanism should be consistent with at least the following facts. After a contractionary monetary policy shock, the aggregate price level responds very little, aggregate output falls, interest rates initially rise, real wages...