Journal Article
Quantitative easing in Japan: past and present
Li, Li; Andolfatto, David (2014)
Inflation expectations in Japan have recently risen above their historical average.
Economic Synopses , Issue 1

Journal Article
Forward guidance 101B: a roadmap of the international experience
Li, Li; Contessi, Silvio (2013)
The Federal Reserve is just one of several central banks that have adopted forward guidance since the beginning of the financial crisis and in an environment of near-zero policy rates (zero lower bound).
Economic Synopses

Journal Article
An international perspective on the recent behavior of inflation
De Pace, Pierangelo; Li, Li; Contessi, Silvio (2014)
Several commentators have been concerned about the possibility that the euro area may be experiencing disinflation with the risk of deflation. However, the euro area is not the only economy navigating the risky waters of low inflation. Several other advanced economies have recently experienced below-target inflation as well as some actual deflation. In this article, the authors collect data for nine advanced economies and document several facts about the behavior of inflation during the 2002-14 period. First, they show that the relationship between inflation rates and short-term rates ...
Review , Volume 96 , Issue 3 , Pages 267-294

Journal Article
A report on economic conditions in the Little Rock zone
Ricketts, Lowell R.; Neely, Michelle Clark; Vermann, E. Katarina; Kliesen, Kevin L.; Marifian, Elise; Liu, Yang; Li, Li (2014-04)
Burgundy Books , Issue 2Q

Newsletter
Higher gasoline prices: temporary or time to buy a hybrid?
Wolla, Scott A.; Li, Li (2012-09)
Drivers may wonder whether the most recent spike in gasoline prices is temporary or will be longer lasting. Will prices eventually decline?maybe even to below $3 per gallon? Or is it time for drivers to alter their driving habits, maybe by buying a hybrid car? Be sure to read the September 2012 issue of Page One Economics Newsletter ??Higher Gasoline Prices: Temporary or Time to Buy a Hybrid???for a discussion of factors that might influence that decision.
Page One Economics Newsletter

Journal Article
Three faces of low inflation: U.S., Japan and the Euro area
Li, Li; Contessi, Silvio (2014-07)
The Regional Economist

Journal Article
Current risks from exports and foreign sales
Li, Li; Contessi, Silvio (2013)
Consistent with national data, foreign sales of affiliates of U.S. multinational firms headquartered in the Eight Federal Reserve District are larger for Europe and the Asia Pacific region?not Mexico and Canada, the major U.S. trading partners.
Economic Synopses

Journal Article
Debt crisis in Europe is easing, but stability remains a long way off
Li, Li; Contessi, Silvio (2014-04)
The Regional Economist

Journal Article
Is the Fed monetizing government debt?
Li, Li; Andolfatto, David (2013)
Under this latter scenario, the Fed is not monetizing government debt ? it is simply managing the supply of the monetary base in accordance with the goals set by its dual mandate.
Economic Synopses

Journal Article
A report on economic conditions in the Memphis zone
Ricketts, Lowell R.; Neely, Michelle Clark; Vermann, E. Katarina; Kliesen, Kevin L.; Marifian, Elise; Liu, Yang; Li, Li (2014-04)
Burgundy Books , Issue 2Q