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subject:"Theory"
subject:"Monetary policy"
~subject:"Public budget"
~institution:"Federal Reserve Bank of San Francisco"
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1
The economy, fiscal policy, and monetary policy
Williams, John C.
-
Federal Reserve Bank of San Francisco
-
2012
Presentation to the Financial Women’s Association of San Francisco, San Francisco, CA, October 15, 2012
Persistent link: https://www.econbiz.de/10010724858
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2
Measuring the effect of the zero lower bound on medium- and longer-term interest rates
Swanson, Eric T.
;
Williams, John C.
-
Federal Reserve Bank of San Francisco
-
2012
The zero lower bound on nominal interest rates has constrained the Federal Reserve’s setting of the overnight federal funds rate for over three years running. According to many macroeconomic models, such an extended period of being stuck at the zero bound has important implications for the...
Persistent link: https://www.econbiz.de/10010551214
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3
Heeding Daedalus: Optimal inflation and the zero lower bound
Williams, John C.
-
Federal Reserve Bank of San Francisco
-
2009
This paper reexamines the implications of the zero lower bound on interest rates for monetary policy and the optimal choice of steady-state inflation in light of the experience of the recent global recession. There are two main findings. First, the zero lower bound did not materially contribute...
Persistent link: https://www.econbiz.de/10008603769
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4
Stabilization policy: a reconsideration
Yellen, Janet L.
-
Federal Reserve Bank of San Francisco
-
2004
This paper forms the basis for Janet Yellen's Presidential address to the Western Economic Association International, delivered July 1, 2004, in Vancouver, British Columbia.
Persistent link: https://www.econbiz.de/10010724825
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5
Effects of alternative monetary stabilization policies: an unexpected finding
Prescott, Edward C.
-
Federal Reserve Bank of San Francisco
-
1993
Persistent link: https://www.econbiz.de/10005078272
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