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Author:Trehan, Bharat 

Journal Article
Money, credit, and M2

FRBSF Economic Letter

Journal Article
Downgrading M1

FRBSF Economic Letter

Journal Article
Signals from M1 and M2

FRBSF Economic Letter

Working Paper
Financial change and the design of monetary policy: lessons from the U. S. experience

Working Papers in Applied Economic Theory , Paper 87-01

Journal Article
Predicting when the economy will turn

FRBSF Economic Letter

Journal Article
Technological change

This Economic Letter summarizes the papers presented at the conference "Technological Change," held at the Federal Reserve Bank of San Francisco on November 14-15, 2002, under the joint sponsorship of the Bank and the Stanford Institute for Economic Policy Research. The papers are listed at the end and are available online http://www.frbsf.org/economics/conferences/0211/index.html
FRBSF Economic Letter

Working Paper
New evidence on cyclical and structural sources of unemployment

We provide cross-country evidence on the relative importance of cyclical and structural factors in explaining unemployment, including the sharp rise in U.S. long-term unemployment during the Great Recession of 2007-09. About 75% of the forecast error variance of unemployment is accounted for by cyclical factors?real GDP changes (?Okun?s Law?), monetary and fiscal policies, and the uncertainty effects emphasized by Bloom (2009). Structural factors, which we measure using the dispersion of industry-level stock returns, account for the remaining 25 percent. For U.S. long-term unemployment the ...
Working Paper Series , Paper 2011-17

Journal Article
Has the Fed gotten tougher on inflation?

FRBSF Economic Letter

Journal Article
Unanchored expectations? Interpreting the evidence from inflation surveys

This Economic Letter uses two surveys of inflation expectations, one based on household respondents and the other on professional forecasters, to examine whether there has been a change in the way households and firms perceive the inflation process.
FRBSF Economic Letter

Journal Article
What does unemployment tell us about future inflation?

Economic Review , Issue Sum , Pages 15-26

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