Board of Governors of the Federal Reserve System

1 Introduction In the aftermath of the global financial crisis, policymakers....1 While both approaches have received significant attention separately

1 0 1 2 3 Pe rc en ta ge p oi nt s Apr -1.05 -0.72 0.34 Monthly observations...1 0 1 2 3 Pe rc en ta ge p oi nt s Apr -1.05 -0.72 0.34 Monthly observations

p.m. – 1:00 p.m. Call with Board member 1:15 p.m. – 1:45 p.m. Meeting ...a.m Meeting with staff Location: Martin Building-4212 1:00 p.m. – 1:30

1 Introduction Shortages—–defined as the inability of supply to meet demand....1 Our identification strategy is as follows. Demand and supply shocks

M1 demand and the decrease in M1 velocity in 1982-83. Moreover, they suggest...M1 and income. We can use the data we currently have. If M1 demand has

a.m. – 12:45 p.m. G-20 FMCBG Location: IMF 1:25 p.m. – 1:55 p.m. Bilateral...1:00 p.m. IMFC Plenary Location: IMF 1:20 p.m. – 1:50 p.m. Bilateral meeting

1 1 Introduction The time-varying correlation between inflation and consumption...1σ movement in expected inflation is negative 2.1 b.p, while the equity

1 Introduction Reallocating workers across firms is crucial for raising...24.1% more of- 1See, e.g., Fallick and Fleischman (2004). Under various

1:15 p.m. – 1:45 p.m. Virtual meeting with Federal Reserve Bank President...p.m. – 1:00 p.m. Meeting with Board member Location: Chair’s office 1:

M1 does not perform well in predicting future income Authorized for public...M2 and the non-M1 portion of M2, though, are significant predictors of