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Series:Review 

Journal Article
The 1988 drought: its impact on district agriculture

Review , Issue May , Pages 3-13

Journal Article
Food and population: a long view

Review , Volume 58 , Issue May , Pages 2-10

Journal Article
A perspective on U.S. international trade

This article was originally presented as a speech at the Louisville Society of Financial Analysts, Louisville, Kentucky, November 19, 2003.
Review , Volume 86 , Issue Mar

Journal Article
Getting back on track: macroeconomic policy lessons from the financial crisis

This article reviews the role of monetary and fiscal policy in the financial crisis and draws lessons for future macroeconomic policy. It shows that policy deviated from what had worked well in the previous two decades by becoming more interventionist, less rules-based, and less predictable. The policy implications are thus that policy should ?get back on track.? The article is a modified version of a presentation given at the Federal Reserve Bank of Philadelphia?s policy forum ?Policy Lessons from the Economic and Financial Crisis,? December 4, 2009. The presentation was made during a panel ...
Review , Volume 92 , Issue May

Journal Article
Information, sticky prices and macroeconomic foundations : commentary

Review , Issue May , Pages 119-124

Journal Article
Macroeconomic implications of changes in the term premium

Linearized New Keynesian models and empirical no-arbitrage macro-finance models offer little insight regarding the implications of changes in bond term premiums for economic activity. This paper investigates these implications using both a structural model and a reduced-form framework. The authors show that there is no structural relationship running from the term premium to economic activity, but a reduced-form empirical analysis does suggest that a decline in the term premium has typically been associated with stimulus to real economic activity, which contradicts earlier results in the ...
Review , Volume 89 , Issue Jul , Pages 241-270

Journal Article
Monetary targeting with exchange rate constraints: the Bundesbank in the 1980's

Review , Issue Sep , Pages 53-69

Journal Article
Changes in inventory management and the business cycle

Review , Issue Jul , Pages 17-26

Journal Article
Evolution, impact, and limitations of unusual central bank policy activism

In the United States and Europe, central banks have essentially been the only policymaking entities consistently willing and able to take bold measures to deal with an unusually complex set of national, regional, and global economic and financial challenges since the onset of the Great Recession and financial crisis. The author advocates for other agencies, in both the public and private sectors, to urgently work in conjunction with central bank policies. He states that it is critical that policymakers, business leaders, investors, and researchers alike understand better why so many ...
Review , Volume 94 , Issue July , Pages 243-264

Journal Article
Toward WTO 2000: a Seattle odyssey; commentary

Review , Volume 82 , Issue Jul , Pages 11-30

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