Search Results
Documents are displayed in order of relevance.
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The Fed - Real Wage Dynamics and the Phillips Curve
rate and then invoked markup pricing and adaptive expectations to generate...rate is consistent with any type of microeconomic real wage dynamics.
URL: https://www.federalreserve.gov/econres/feds/real-wage-dynamics-and-the-phillips-curve.htm
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The Fed - Revisiting the Supply-Side Effects of Government Spending
rate and the capital-labor ratio, while it increases hours due to the ...rate and, under certain conditions, also to a lower capital-labor ratio
URL: https://www.federalreserve.gov/econres/feds/revisiting-the-supply-side-effects-of-government-spending.htm
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The Fed - Stock Prices and Fundamentals in a Production Economy
rate of the economy are quantitatively and qualitatively different across...rate of the economy can explain the runup in equity values in the 1990s
URL: https://www.federalreserve.gov/econres/feds/stock-prices-and-fundamentals-in-a-production-economy.htm
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The Fed - Using a Projection Method to Analyze Inflation Bias in a Micro-Founded Model
rate from the optimal inflation rate under commitment. Full paper (Screen
URL: https://www.federalreserve.gov/econres/feds/using-a-projection-method-to-analyze-inflation-bias-in-a-micro-founded-model.htm
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The Fed - Three Lessons for Monetary Policy in a Low Inflation Era
rates constrains the central bank's ability to stimulate the economy during...rate, there is a significant increase in the variability of output but
URL: https://www.federalreserve.gov/econres/feds/three-lessons-for-monetary-policy-in-a-low-inflation-era.htm
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The Fed - The Impact of Monetary Policy on Asset Prices
rates and asset prices react to numerous other variables. This paper develops...rates results in a decline in stock prices and in an upward shift in the
URL: https://www.federalreserve.gov/econres/feds/the-impact-of-monetary-policy-on-asset-prices.htm
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The Fed - Around and Around: The Expectations Hypothesis
rates in which various expectations hypotheses can hold. McCulloch (1993...rates; (ii) we extend this characterization to a class of expectations
URL: https://www.federalreserve.gov/econres/feds/around-and-around-the-expectations-hypothesis.htm
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The Fed - Monetary Policy Tradeoffs and the Federal Reserve’s Dual Mandate
rate of interest and unemployment as well as about the effect of economic...rate of interest increases the probability of hitting the effective lower
URL: https://www.federalreserve.gov/econres/feds/monetary-policy-tradeoffs-and-the-federal-reserves-dual-mandate.htm
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The Fed - Coordination, Fair Treatment and Inflation Persistence
rate of unemployment), where workers want to match the wage set by other...rates of 4.7 and 6.5 percent, than outside these bounds, as predicted
URL: https://www.federalreserve.gov/econres/feds/coordination-fair-treatment-and-inflation-persistence.htm
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The Fed - Estimating Probabilities of Recession in Real Time Using GDP and GDI
rate of gross domestic income (GDI), deflated by the GDP deflator, has...rate of real GDP. This result suggests that placing an increased focus
URL: https://www.federalreserve.gov/econres/feds/estimating-probabilities-of-recession-in-real-time-using-gdp-and-gdi.htm
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