Filter by
4188 results found
-
Working Paper No. 889The Dynamics of Government Bond Yields in the Eurozone
This paper investigates the determinants of nominal yields of government bonds in the eurozone. The pooled mean group (PMG) technique of cointegration is applied on both monthly and quarterly datasets to examine the major drivers of nominal yields of long-term government bonds in a set of 11 eurozone countries. Furthermore, autoregressive distributive lag (ARDL) methods […] -
The Rock-Star Appeal of Modern Monetary Theory
-
Press ReleaseTrump Economic Policies Likely to Worsen rather than Solve Structural Weaknesses Undermining US Economic Growth, New Levy Institute Study Says
-
Minsky Conference: FDIC’s Hoenig Warns Against Scrapping a US Bankruptcy Reform
-
BlogOn the Concert of Interests and Unlearning the Lessons of the 1930s
Jan Kregel opened this year’s Minsky Conference (which just wrapped up yesterday) with a reminder that the broader public challenges we face today are still in many ways an echo of those that faced the nation in 1930s. What follows is an abridged version of those remarks: This year’s conference takes place in an increasingly charged and divisive [...] -
Working Paper No. 888
Gender, Socioeconomic Status, and Time Use of Married and Cohabiting Parents during the Great Recession
Using data from the 2003–14 American Time Use Survey (ATUS), this paper examines the relationship between the state unemployment rate and the time that opposite-sex couples with children spend on childcare activities, and how this varies by the socioeconomic status (SES), race, and ethnicity of the mothers and fathers. The time that mothers and fathers […] -
Minsky Conference: Fed’s Rosengren Calls For Trimming Balance Sheet Soon but Slowly
-
Remember Quantitative Easing? It Could Make a Comeback, Says Boston Fed President
The Boston Globe, April 19, 2017. All Rights Reserved. The next recession will likely force the Federal Reserve to once again buy up large amounts of assets to boost the supply of money and stimulate the economy, a move that nearly a decade ago was considered drastic and unconventional, according to Boston Federal Reserve President […] -
Fed’s Rosengren Wants to Shrink Balance Sheet So Slowly that Rate Hikes Can Continue at Same Time
MarketWatch, April 19, 2017. All Rights Reserved. The Federal Reserve should start shrinking its balance sheet relatively soon but do it so slowly that it doesn’t disturb the central bank’s plans to continue to gradually raise short-term interest rates, said Boston Fed President Eric Rosengren on Wednesday…. Read more: http://www.marketwatch.com/story/feds-rosengren-wants-to-shrink-balance-sheet-so-slowly-that-rate-hikes-can-continue-2017-04-19 -
Rosengren: Balance Sheet Will Be Policy Tool Going Forward
The Bond Buyer, April 19, 2017. All Rights Reserved. The Federal Reserve's balance sheet will probably continue to be used as a monetary policy tool in the future, since interest rates remain low, Federal Reserve Bank of Boston President and CEO Eric S. Rosengren said Wednesday…. Read more: https://www.bondbuyer.com/news/rosengren-balance-sheet-will-be-policy-tool-going-forward -
Fed Should Shed Bonds Soon, Keep Hiking Rates: Rosengren
CNBC, April 19, 2017. All Rights Reserved. The U.S. Federal Reserve should begin shedding its bond holdings soon but do so in a very gradual way that has little effect on its planned interest rate hikes, Boston Fed President Eric Rosengren said on Wednesday…. Read more: http://www.cnbc.com/2017/04/19/fed-should-shed-bonds-soon-keep-hiking-rates-rosengren.html -
Fed’s Rosengren: Balance-sheet Reduction Can Start "Relatively Soon"
Financial Times, April 19, 2018. All Rights Reserved. Eric Rosengren, president of the Boston Fed, has added his voice to the chorus of policymakers who say they are prepared to start the process of unwinding the central bank’s massive balance sheet…. Read more: https://www.ft.com/content/14e638f2-b0d8-347b-9eb5-5eff9d83d497