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robust and are sensitive to model specification. Evidence from case studies suggests that country-specific political economy …
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economy was thoroughly undermined. The collapse of trading relations with the Council for Mutual Economic Assistance (CMEA … the urban household services economy, which offset the increase in the numbers of unemployed. The shift to markets was … Western markets without difficulty. During the 1990s the economy of Viet Nam underwent a transformation. Structural changes …
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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.
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Presentation to the Financial Women’s Association of San Francisco, San Francisco, CA, October 15, 2012
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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...
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