Download or read book Changes in Federal Reserve Preferences written by Vanessa J. Craft and published by . This book was released on 1991 with total page 20 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Changes in Federal Reserve Preferences written by Aeimit Lakdawala and published by . This book was released on 2019 with total page 43 pages. Available in PDF, EPUB and Kindle. Book excerpt: Using a model of optimizing central bank behavior, I estimate the dynamic behavior of preferences, which are captured by the relative weight put on stabilizing inflation versus minimizing the output gap. Unlike previous work, I let this parameter vary continuously over time. There is a drastic but steady rise in the weight on inflation around the appointment of Paul Volcker; however, I find variation in preferences throughout the sample period. The results suggest that preference changes have been more complex than typically assumed in the literature. The estimated preference series is used to perform counterfactual experiments and to construct a new measure of monetary shocks.

Download or read book The Federal Reserve System Purposes and Functions written by Board of Governors of the Federal Reserve System and published by . This book was released on 2002 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Download or read book The Policy Preferences of the US Federal Reserve written by Richard Dennis and published by . This book was released on 2001 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Revealing the Preferences of the US Federal Reserve written by Pelin Ilbas and published by . This book was released on 2008 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book On the Policy Preferences of the Us Federal Reserve written by Paolo Surico and published by . This book was released on 2004 with total page 101 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Changing the Federal Reserve s Mandate written by Marc Labonte and published by DIANE Publishing. This book was released on 2011-06 with total page 23 pages. Available in PDF, EPUB and Kindle. Book excerpt: The recent financial crisis and deep economic recession have led to criticisms of the Fed. Reserve's (Fed) handling of both. Critics have blamed the Fed for pursuing policies that allowed the housing bubble to inflate, for lax regulation of financial firms and mortgage markets that led to excessive speculation, for "bailing out" financial firms during the crisis, for failing to prevent the recession's unusual length and depth, and for engaging in "quantitative easing" that may result in high inflation. Contents of this report: Intro.; Monetary Policy; The Relationship Between Inflation Targeting and the Mandate; A Single Mandate of Price Stability; Would a Single Mandate Have Resulted in Better Outcomes?; Setting an Inflation Target. A print on demand report.

Download or read book Controlling Money written by Ralph C. Bryant and published by . This book was released on 1983 with total page 176 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Congressional Preference and Federal Reserve Policy written by Kevin Blaine Grier and published by . This book was released on 1985 with total page 39 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Changes in Bank Reserves Since the Federal Reserve Act written by Peter Ezayuk (Jr.) and published by . This book was released on 1932 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Does Partisan Heritage Matter The Case of the Federal Reserve written by Dino Falaschetti and published by . This book was released on 2010 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Received evidence suggests that changes in appointer- and overseer- preferences influence monetary policy (i.e., partisan heritage matters). Evidence presented here, on the other hand, is consistent with changes in the cost of pursuing a common preference influencing policy. I draw this evidence from a panel of Federal Open Market Committee (FOMC) votes and find support for the following conclusions: (1) Federal Reserve Board (FRB) governors who were nominated and confirmed by the same party (Republican or Democrat) prefer significantly looser policy than do other FOMC members. (2) Monetary policy is significantly looser when either party controls the oversight mechanism (i.e., the presidency and Senate) than when control is split. (3) Oversight acts less forcefully on district bank presidents than on FRB governors. In short, the present evidence suggests that political agents from both parties prefer loose money and pursue this preference more efficiently when their parties are aligned.

Download or read book Monetary Policy and the Housing Bubble written by Jane Dokko and published by . This book was released on 2009 with total page 76 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Expense Preference and the Fed Revisited written by Loretta Jean Mester and published by . This book was released on 1991 with total page 37 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Revealed Preference of the Federal Reserve written by Michael K. Salemi and published by . This book was released on 1990 with total page 22 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Depression Inflation and Monetary Policy written by Clark Warburton and published by Johns Hopkins University Press. This book was released on 1966 with total page 466 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Congress the President and the Federal Reserve written by Irwin Lester Morris and published by University of Michigan Press. This book was released on 2002 with total page 180 pages. Available in PDF, EPUB and Kindle. Book excerpt: Explores the power of the President and Congress over the Federal Reserve

Download or read book Prospective Reappointment and the Monetary Policy Preferences of the Federal Open Market Committee Members written by Diana Kotenko and published by . This book was released on 2013 with total page 94 pages. Available in PDF, EPUB and Kindle. Book excerpt: The main purpose of the research is to investigate the behavioral of the Governors and Bank Presidents at the meetings of the Federal Open Market Committee (FOMC). We have a hypothesis that the Bank presidents and Governors behave differently. We suppose that the governors of the FOMC which are completing a term of another governor and are eligible for reappointment change their behavior as there is a short amount of time prior the reappointment. This correlation has a big effect on the decision making at all meetings as very few of the governors serve for their full term; as a full term is 14 years, there is a high turnover among the governors at FOMC. Therefore, the time left to the reappointment of each governor may be causing a bigger impact on the decision making than the monetary policy. This research is contributing to the political economy literature in the area of Federal Reserve Bank of the United States of America. We have a unique data set as we do not use a dissent voting data. Even though dissent data sets are available for a much longer periods of time, they lose much of the relevant information. The motivation for our research is the fact that all of the governors of the Federal Open Market committee are appointed by the President of the U. S. and in this way he can reach the policies in which he is interested.