Comments on “Financial Stability and Resolution of Federal Reserve Goal and Implementation Conflicts”
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DOI: 10.1007/s10693-018-0293-x
Abstract: Eisenbeis, Kwan and Wall argue that there is a material conflict between the monetary policy and financial stability mandate of the Federal Reserve. There is a conflict in concept, but the magnitude and importance of… read more here.
Keywords: stability resolution; federal reserve; financial stability; comments financial ... See more keywords
Federal reserve appointments and the politics of senate confirmation
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DOI: 10.1007/s11127-021-00919-5
Abstract: This paper examines the politicization of Federal Reserve (Fed) appointments. In contrast to the extant appointment literature’s almost exclusive focus on ideological proximity as a predictor of Fed nominations and confirmations, I theorize that senators… read more here.
Keywords: reserve appointments; confirmation; federal reserve; confidence fed ... See more keywords
Federal Reserve policy and housing: A goal too far
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DOI: 10.1016/j.eap.2019.01.008
Abstract: Abstract Multiple goals tend to conflict, and this is true for multiple monetary policy goals. We present evidence that the Federal Reserve has responded to the general political support for homeownership and affordable housing in… read more here.
Keywords: goal far; policy; federal reserve; housing ... See more keywords
Interest on reserves and Federal Reserve unwinding
Sign Up to like & getrecommendations! Published in 2018 at "Journal of Economics and Business"
DOI: 10.1016/j.jeconbus.2018.02.002
Abstract: Abstract This paper investigates the effects of reductions in the Federal Reserve’s asset portfolio on bank lending in the context of the Dutkowsky-VanHoose model of interest on reserves and regime shifts. Based upon relative magnitudes… read more here.
Keywords: retail lending; federal reserve; october 2008; interest ... See more keywords
A Global Leviathan Emerges: The Federal Reserve, COVID-19, and International Law
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DOI: 10.1017/ajil.2020.62
Abstract: Abstract The COVID-19 pandemic highlights the importance of the Federal Reserve as a leading actor in global economic governance. As a creature of U.S. domestic law with an international presence and operational independence, the Fed… read more here.
Keywords: law; law global; federal reserve; global leviathan ... See more keywords
The Federal Reserve’s move to an explicit inflation target: incremental policy shifts in techno-political institutions
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DOI: 10.1080/09692290.2021.1934073
Abstract: This paper analyzes the US Federal Reserve (Fed)’s landmark 2012 decision to adopt an explicit inflation target for the first time in its history. The paper focuses on explaining the dynamics of th... read more here.
Keywords: inflation target; federal reserve; explicit inflation;
The first inflation problem of the twenty-first century
Sign Up to like & getrecommendations! Published in 2023 at "Review of Keynesian Economics"
DOI: 10.4337/roke.2023.02.01
Abstract: Inflation in the US after World War II peaked at 19.7 per cent in the 12 months to March 1947. The US economy reoriented itself from its wartime to its post-war structural configuration. The Federal… read more here.
Keywords: first inflation; problem twenty; twenty first; inflation ... See more keywords