This Economic Letter summarizes the papers presented at the conference “Macroeconomic Models for Monetary Policy” held at the Federal Reserve Bank of San Francisco on March 1-2, 2002, under the joint ...

The IMF’s Advances in Monetary Economics (AME) Conference takes place annually in conjunction with the Camdessus Central Banking Lecture. It brings together economists from the academic and policy ...

The Norges Bank, the International Monetary Fund, and the IMF Economic Review have organized a joint conference on "The Future of Macroeconomic Policy" to be held in Oslo, June 15-16, 2023. In today's ...

Annals of Economics and Statistics, No. 145 (March 2022), pp. 5-28 (24 pages) I present a New Keynesian model in which the central bank’s anti-inflationary preferences change over time. Agents do not ...

The American Economic Review, Vol. 109, No. 6 (JUNE 2019), pp. 2333-2367 (35 pages) This paper evaluates the role of redistribution in the transmission mechanism of monetary policy to consumption.

The BBVA Foundation recognized Olivier Blanchard, Jordi Galí, and Michael Woodford for “profoundly influencing modern macroeconomic analysis by establishing rigorous foundations for the study of ...

Qatar National Bank (QNB) predicted that upcoming US Federal Reserve interest-rate decisions could lead to a mild stagflation scenario, where growth slows while inflation ...

Andrew Bailey, Governor, Bank of England; Professor Alan Taylor, External Member, Monetary Policy Committee, Bank of England; ...

The ongoing feud between President Trump and Fed Chairman Jerome Powell centers on interest rates. This tells us more about the near-universal view of what constitutes monetary policy than it does ...

Papers presented at the conference on “Macroeconomic Models for Monetary Policy” held March 6, 2009, at the Federal Reserve Bank of San Francisco addressed such issues as how to model wage and price ...