Showing 1 - 10 of 129
Persistent link: https://www.econbiz.de/10005420048
We introduce a novel method for estimating a monetary policy rule using macroeconomic news. Market forecasts of both economic conditions and monetary policy are affected by news, and our estimation links the two effects. This enables us to estimate directly the policy rule agents use to form...
Persistent link: https://www.econbiz.de/10008615667
Persistent link: https://www.econbiz.de/10009131494
Persistent link: https://www.econbiz.de/10009131499
This paper reviews Allan H. Meltzer's "A History of the Federal Reserve, Volume 2." This two-book volume covers Federal Reserve policies from 1951 to 1986. The book represents an enormous achievement in synthesizing a great amount of archival information into a historical account grounded on...
Persistent link: https://www.econbiz.de/10009395281
Persistent link: https://www.econbiz.de/10010725165
Persistent link: https://www.econbiz.de/10010725166
Persistent link: https://www.econbiz.de/10010725176
Persistent link: https://www.econbiz.de/10010725188
comments on the outlook for the U.S. economy and monetary policy at the International Monetary Conference, Washington, D.C., June 5, 2006
Persistent link: https://www.econbiz.de/10010725197