Publications

52 publications found, searching for 'Interest Rates '

• One-Pager No. 8
  February 14, 2011

  It’s Time to Rein In the Fed

  L. Randall Wray and Scott Fullwiler
  Abstract

  The economic crisis that has gripped the US economy since 2007 has highlighted Congress’s limited oversight of the Federal Reserve, and the limited transparency of the Fed’s actions. And since…more

  Download One-Pager No. 8 PDF (114.83 KB)
• Working Paper No. 645
  December 14, 2010

  Quantitative Easing and Proposals for Reform of Monetary Policy Operations

  L. Randall Wray and Scott Fullwiler
  Abstract

  Beyond its original mission to “furnish an elastic currency” as lender of last resort and manager of the payments system, the Federal Reserve has always been responsible (along with the…more

  Download Working Paper No. 645 PDF (482.22 KB)
• Working Paper No. 606
  August 02, 2010

  Changes in Central Bank Procedures during the Subprime Crisis and Their Repercussions on Monetary Theory

  Marc Lavoie
  Abstract

  The subprime financial crisis has forced several North American and European central banks to take extraordinary measures and to modify some of their operational procedures. These changes have made even…more

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• Working Paper No. 564
  May 14, 2009

  New Consensus Macroeconomics: A Critical Appraisal

  Philip Arestis
  Abstract

  This paper is concerned with the New Consensus Macroeconomics (NCM) in the case of an open economy. It outlines and explains briefly the main elements of and way of thinking…more

  Download Working Paper No. 564 PDF (237.43 KB)