Federal Reserves Second Monetary Policy Report For 2017 PDF Download
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Author | : United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs |
Publisher | : |
Total Pages | : 136 |
Release | : 2017 |
Genre | : Economic development |
ISBN | : |
Download Federal Reserve's Second Monetary Policy Report for 2017 Book in PDF, ePub and Kindle
Author | : United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs |
Publisher | : |
Total Pages | : 131 |
Release | : 2017 |
Genre | : Economic development |
ISBN | : |
Download Federal Reserve's Second Monetary Policy Report for 2017 Book in PDF, ePub and Kindle
Author | : Board of Governors of the Federal Reserve System |
Publisher | : |
Total Pages | : 0 |
Release | : 2002 |
Genre | : Banks and Banking |
ISBN | : 9780894991967 |
Download The Federal Reserve System Purposes and Functions Book in PDF, ePub and Kindle
Provides an in-depth overview of the Federal Reserve System, including information about monetary policy and the economy, the Federal Reserve in the international sphere, supervision and regulation, consumer and community affairs and services offered by Reserve Banks. Contains several appendixes, including a brief explanation of Federal Reserve regulations, a glossary of terms, and a list of additional publications.
Author | : United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs |
Publisher | : |
Total Pages | : 184 |
Release | : 1992 |
Genre | : Business & Economics |
ISBN | : |
Download Federal Reserve's Second Monetary Policy Report for 1992 Book in PDF, ePub and Kindle
Author | : International Monetary Fund |
Publisher | : International Monetary Fund |
Total Pages | : 28 |
Release | : 1988-10-04 |
Genre | : Business & Economics |
ISBN | : 1451952570 |
Download Monetary Policy Strategies Book in PDF, ePub and Kindle
The paper considers the merits of rules and discretion for monetary policy when the structure of the macroeconomic model and the probability distributions of disturbances are not well defined. It is argued that when it is costly to delay policy reactions to seldom-experienced shocks until formal algorithmic learning has been accomplished, and when time consistency problems are significant, a mixed strategy that combines a simple verifiable rule with discretion is attractive. The paper also discusses mechanisms for mitigating credibility problems and emphasizes that arguments against various types of simple rules lose their force under a mixed strategy.
Author | : United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs |
Publisher | : |
Total Pages | : 136 |
Release | : 2017 |
Genre | : Economic development |
ISBN | : |
Download Federal Reserve's Second Monetary Policy Report for 2017 Book in PDF, ePub and Kindle
Author | : Robert M. Solow |
Publisher | : MIT Press |
Total Pages | : 140 |
Release | : 1998 |
Genre | : Business & Economics |
ISBN | : 9780262692229 |
Download Inflation, Unemployment, and Monetary Policy Book in PDF, ePub and Kindle
Edited and with an introduction by Benjamin M. Friedman The connection between price inflation and real economic activity has been a focus of macroeconomic research--and debate--for much of the past century. Although this connection is crucial to our understanding of what monetary policy can and cannot accomplish, opinions about its basic properties have swung widely over the years. Today, virtually everyone studying monetary policy acknowledges that, contrary to what many modern macroeconomic models suggest, central bank actions often affect both inflation and measures of real economic activity, such as output, unemployment, and incomes. But the nature and magnitude of these effects are not yet understood. In this volume, Robert M. Solow and John B. Taylor present their views on the dilemmas facing U.S. monetary policymakers. The discussants are Benjamin M. Friedman, James K. Galbraith, N. Gregory Mankiw, and William Poole. The aim of this lively exchange of views is to make both an intellectual contribution to macroeconmics and a practical contribution to the solution of a public policy question of central importance.
Author | : Davide Debortoli |
Publisher | : International Monetary Fund |
Total Pages | : 56 |
Release | : 2017-07-21 |
Genre | : Business & Economics |
ISBN | : 1484311752 |
Download Designing a Simple Loss Function for Central Banks Book in PDF, ePub and Kindle
Yes, it makes a lot of sense. This paper studies how to design simple loss functions for central banks, as parsimonious approximations to social welfare. We show, both analytically and quantitatively, that simple loss functions should feature a high weight on measures of economic activity, sometimes even larger than the weight on inflation. Two main factors drive our result. First, stabilizing economic activity also stabilizes other welfare relevant variables. Second, the estimated model features mitigated inflation distortions due to a low elasticity of substitution between monopolistic goods and a low interest rate sensitivity of demand. The result holds up in the presence of measurement errors, with large shocks that generate a trade-off between stabilizing inflation and resource utilization, and also when ensuring a low probability of hitting the zero lower bound on interest rates.
Author | : United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs |
Publisher | : |
Total Pages | : 1701 |
Release | : 2015 |
Genre | : Monetary policy |
ISBN | : |
Download Federal Reserve's Second Monetary Policy Report for 2014 Book in PDF, ePub and Kindle
Author | : United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs |
Publisher | : |
Total Pages | : 119 |
Release | : 2016 |
Genre | : Monetary policy |
ISBN | : |
Download Federal Reserve's Second Monetary Policy Report for 2016 Book in PDF, ePub and Kindle