Board of Governors of the Federal Reserve System

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• The Fed - Implications of Habit Formation for Optimal Monetary Policy

  responses to inflation and the lagged interest rate are both declining

  URL: https://www.federalreserve.gov/econres/feds/implications-of-habit-formation-for-optimal-monetary-policy.htm
  



• The Fed - Computation of Policy Counterfactuals in Sequence Space

  responses to anticipated policy shocks, constitute sufficient information

  URL: https://www.federalreserve.gov/econres/feds/impulse-based-computation-of-policy-counterfactuals.htm
  



• The Fed - Measuring the Reaction of Monetary Policy to the Stock Market

  response of equity prices to interest rate changes. This paper uses an

  URL: https://www.federalreserve.gov/econres/feds/measuring-the-reaction-of-monetary-policy-to-the-stock-market.htm
  



• The Fed - Monetary Policy Rules, Macroeconomic Stability and Inflation: A View from the Trenches

  responses to expected inflation. A difference is that prior to Volcker's

  URL: https://www.federalreserve.gov/econres/feds/monetary-policy-rules-macroeconomic-stability-and-inflation-a-view-from-the-trenches.htm
  



• The Fed - The Rigidity of Choice. Lifecycle savings with information-processing limits

  responses to shocks, with negative shocks producing more persistent effects

  URL: https://www.federalreserve.gov/econres/feds/the-rigidity-of-choice-lifecycle-savings-with-information-processing-limits.htm
  



• The Fed - Cash Balance Pension Plan Conversions and the New Economy

  response to better compensate a more mobile labor force. Indeed, many

  URL: https://www.federalreserve.gov/econres/feds/cash-balance-pension-plan-conversions-and-the-new-economy.htm
  



• The Fed - Wealth Effects and the Consumption of Leisure: Retirement Decisions During the Stock Market Boom of the 1990s

  response to an unexpected increase in wealth. Consensus estimates of this

  URL: https://www.federalreserve.gov/econres/feds/wealth-effects-and-the-consumption-of-leisure-retirement-decisions-during-the-stock-market-boom-of-the-1990s.htm
  



• The Fed - Modeling Aggregate Investment: A Fundamentalist Approach

  response of investment to output and other "fundamental" variables is

  URL: https://www.federalreserve.gov/econres/feds/modeling-aggregate-investment-a-fundamentalist-approach.htm
  



• The Fed - Disagreement About the Term Structure of Inflation Expectations

  response and a price puzzle emerges, underscoring the importance of anchoring

  URL: https://www.federalreserve.gov/econres/feds/disagreement-about-the-term-structure-of-inflation-expectations.htm
  



• The Fed - Modern Pandemics: Recession and Recovery

  responses in government spending, especially on health care. Affected

  URL: https://www.federalreserve.gov/econres/ifdp/modern-pandemics-recession-and-recovery.htm
  

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