Rudebusch, Glenn D.; Swanson, Eric T. - Federal Reserve Bank of San Francisco - 2008
FEDERAL RESERVE BANK OF SAN FRANCISCO
WORKING PAPER SERIES
Working Paper 2007-25
http://www.frbsf.org/publications/economics …, San Francisco, CA 19105, USA
July 2008
Forthcoming in the Journal of Monetary Economics
Abstract
The basic inability of …, and the
2008 London School of Economics conference on macroeconomics, as well as many colleagues in the Federal
Reserve …