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Author: Ali Alichi Publisher: International Monetary Fund ISBN: 1513530011 Category : Business & Economics Languages : en Pages : 47
Book Description
The Fed has taken several steps towards strengthening its monetary framework over the past several years. Those steps have supported the Fed’s efforts to stimulate the economy through forward guidance despite being constrained by having policy rates at zero. We show that an optimal control approach to monetary policy, which includes the publication of a baseline forecast and a description of the uncertainties around that outlook, combined with an improvement in the Fed’s communications toolkit, could further enhance the effectiveness of Fed policy. In the current conjuncture, such a risk management approach to monetary policy would result in both a later liftoff of policy rates and a modest, but planned, overshooting of inflation.
Author: Ali Alichi Publisher: International Monetary Fund ISBN: 1513595709 Category : Business & Economics Languages : en Pages : 47
Book Description
The Fed has taken several steps towards strengthening its monetary framework over the past several years. Those steps have supported the Fed’s efforts to stimulate the economy through forward guidance despite being constrained by having policy rates at zero. We show that an optimal control approach to monetary policy, which includes the publication of a baseline forecast and a description of the uncertainties around that outlook, combined with an improvement in the Fed’s communications toolkit, could further enhance the effectiveness of Fed policy. In the current conjuncture, such a risk management approach to monetary policy would result in both a later liftoff of policy rates and a modest, but planned, overshooting of inflation.
Author: Meg Gardiner Publisher: Blackstone Publishing ISBN: 198262762X Category : Fiction Languages : en Pages : 293
Book Description
“Don’t miss it. This is a great one!” — Stephen King Soon to be an Amazon TV series I am the legion of the night ... He appears in the darkness like a ghost, made of shadows and fear—the Midnight Man. He comes for the parents but leaves the children alive, tiny witnesses to unspeakable horror. The bedroom communities of Los Angeles are gripped with dread, and the attacks are escalating. Still reeling from her best friend’s close call in a bombing six months ago, FBI behavioral analyst Caitlin Hendrix has come to Los Angeles to assist in the Midnight Man investigation and do what she does best—hunt a serial killer. Her work is what keeps her going, but something about this UNSUB—unknown subject—doesn’t sit right. She soon realizes that this case will test not only her skills but also her dedication, for within the heart of a killer lives a secret that mirrors Caitlin’s own past. Hesitancy is not an option, but will she be able to do what must be done if the time comes? Tense and impactful, Edgar Award winner Meg Gardiner’s latest UNSUB thriller will leave you on the edge of your seat until its riveting conclusion.
Author: Rafael Di Tella Publisher: University of Chicago Press ISBN: 0226153762 Category : Business & Economics Languages : en Pages : 486
Book Description
Crime rates in Latin America are among the highest in the world, creating climates of fear and lawlessness in several countries. Despite this situation, there has been a lack of systematic effort to study crime in the region or the effectiveness of policies designed to tackle it. The Economics of Crime is a powerful corrective to this academic blind spot and makes an important contribution to the current debate on causes and solutions by applying lessons learned from recent developments in the economics of crime. The Economics of Crime addresses a variety of topics, including the impact of kidnappings on investment, mandatory arrest laws, education in prisons, and the relationship between poverty and crime. Utilizining research from within and without Latin America, this book illustrates the broad range of approaches that have been efficacious in studying crime in both developing and developed nations. The Economics of Crime is a vital text for researchers, policymakers, and students of both crime and of Latin American economic policy.
Author: International Monetary Fund. Asia and Pacific Dept Publisher: International Monetary Fund ISBN: 148437651X Category : Business & Economics Languages : en Pages : 71
Book Description
This paper discusses recent developments, outlook and risk, and policies required for a long-lasting recovery of Thailand’s economy. Thailand remains resilient in the face of external and internal challenges. However, political uncertainty and structural bottlenecks cloud long-term prospects. The economy recovered in 2015 after a slowdown induced by political uncertainty. Public investment supported economic activity, particularly through community-based infrastructure projects. Monetary policy was eased in the face of below-target inflation. The credit cycle moderated, but household debt reached a historic high. Implementing high-quality fiscal stimulus, easing monetary policy, and safeguarding financial sector stability can strengthen long-term sustainability, equity, and efficiency of Thailand’s economy.
Author: International Monetary Fund. Asia and Pacific Dept Publisher: International Monetary Fund ISBN: 147557584X Category : Business & Economics Languages : en Pages : 104
Book Description
This Selected Issues paper examines the adjustment of Australian labor markets to the recent adverse shocks. Australia’s labor markets were not severely impacted by the global financial crisis and are adjusting smoothly to the sizeable commodity prices bust and mining investment downturn. However, some labor market indicators suggest persistent weaknesses. There does not appear to be a significant increase in structural employment in the wake of the commodity prices bust and mining investment decline. Increased flexibility in average hours per worker has likely moderated employment reduction in downturns and prevented a larger increase in unemployment in the wake of the mining investment downturn. At the same time, elevated underemployment signals additional slack, and is likely weighing down wage growth.
Author: Janice Eberly Publisher: Brookings Institution Press ISBN: 0815737106 Category : Business & Economics Languages : en Pages : 597
Book Description
Brookings Papers on Economic Activity (BPEA) provides academic and business economists, government officials, and members of the financial and business communities with timely research on current economic issues. Contents: The European Central Bank’s Monetary Policy during Its First 20 Years, Philipp Hartmann and Frank Smets Accounting for Macro-Finance Trends: Market Power, Intangibles, and Risk Premia, Emmanuel Farhi and François Gourio The Real Effects of Disrupted Credit: Evidence from the Global Financial Crisis, Ben S. Bernanke The Cyclical Sensitivity in Estimates of Potential Output, Olivier Coibion, Yuriy Gorodnichenko, and Mauricio Ulate Should the Federal Reserve Regularly Evaluate Its Monetary Policy Framework?, Jeff Fuhrer, Giovanni P. Olivei, Eric S. Rosengren, and Geoffrey M.B. Tootell Monetary Policy at the Effective Lower Bound: Less Potent? More International? More Sticky?, Kristin Forbes The Efficacy of Large-Scale Asset Purchases When the Short-Term Interest Rate Is at Its Effective Lower Bound, James D. Hamilton The Federal Reserve Is Not Very Constrained by the Lower Bound on Nominal Interest Rates, Eric T. Swanson Comments on Monetary Policy at the Effective Lower Bound, Janet Yellen
Author: Steve J. Plummer Publisher: Lulu.com ISBN: 1445278065 Category : Biography & Autobiography Languages : en Pages : 590
Book Description
This is an illustrated history of the extraordinary Anglo-American Wheelwright family.In 1636 an outspoken Puritan, Reverend John Wheelwright, left his native Lincolnshire and headed for the new Boston Bay Colony. His stay in Massachusetts would be short lived.Persecuted and banished, Reverend John went on to found two New England towns and a dynasty which now spans six continents.The Wheelwrights have produced explorers, engineers, clerics, consuls and a family of cannibals. There are philanthropists, philanderers, psychoanalysts, scientists, soldiers and sailors.A sea captain became a pirate. A lawyer became a gold-digging sportsman and a kidnapped child was transformed from Puritan to Catholic mother superior.The Wheelwright's story, complete with black sheep and skeletons a-plenty, spans four centuries. Hundreds of illustrations and family charts, drawn from years of research, bring 580 pages of this most remarkable family's history to life.
Author: Ali Alichi
Author: Ali Alichi
Author: Meg Gardiner
Author: Rafael Di Tella
Author: International Monetary Fund. Asia and Pacific Dept
Author: International Monetary Fund. Asia and Pacific Dept
Author: 
Author: 
Author: 
Author: Janice Eberly
Author: Steve J. Plummer