Search

16 results found

September 13, 2024
Working Paper

No. 81
Central Banker’s Hours: The Fed’s Tortuous, Slow Road to Faster Payments
The best way to appreciate the importance of timely wholesale settlements is by taking a close look at how ordinary U.S. dollar payments are completed.
By George Selgin
June 1, 2023
Working Paper

No. 77
Following the Taylor Rule: Has the Fed Learned from Its Own “Success”?
Since 2009, monetary policy has been exceptionally loose, with the Fed failing to increase the policy rate in response to macro indicators.
By Jai Kedia
May 8, 2023
Working Paper

No. 76
Has Fed Policy Mattered for Inflation? Evidence from Monetary VARs
This paper investigates the effects of unanticipated changes to monetary policy on inflation
By Jai Kedia
December 15, 2022
Working Paper

No. 71
Regulatory Clarity for Crypto Marketplaces
This briefing paper proposes crypto marketplace regulatory policy that is sensitive to these distinctions.
By Jack Solowey and Jennifer J. Schulp
November 18, 2022
Working Paper

No. 70
Central Bank Digital Currency: Assessing the Risks and Dispelling the Myths
In the case of a CBDC, however, the digital dollars would be a liability of the central bank itself.
By Nicholas Anthony and Norbert Michel
April 29, 2021
Working Paper

Technopopulism and Central Banks
This paper discusses central bank independence in the technopopulist age.
By Carola Conces Binder
March 17, 2021
Working Paper

The Private Mint In Economics: Evidence from American Gold Rushes
What economists have usually had in mind, regarding the mint, is that asymmetric information about coin quality will make it privately profitable to issue substandard coins, generating net social cost.
By Lawrence H. White
February 11, 2021
Working Paper

COVID Cash
The sanguine view of rapid paper currency growth is reexamined, assessing it from the perspective of the consolidated government balance sheet.
By Jessica Scazzero
December 4, 2020
Working Paper

Janet Yellen’s Lift Off
When there was still plenty of slack in the labor market, Yellen presided over the Fed’s controversial decision to start raising interest rates—a decision many viewed then, and many more view now, as premature.
By George Selgin
June 10, 2020
Working Paper

No. 59
Incorporating Scenario Analysis into the Federal Reserve’s Policy Strategy & Communications
By Michael D. Bordo, Andrew T. Levin, and Mickey D. Levy
November 15, 2018
Working Paper

No. 50
Floored!
The Fed’s shift to a floor system has had profound and enduring consequences.
By George Selgin
August 16, 2017
Working Paper

No. 47
Monetary Policy in an Uncertain World: The Case for Rules
By James A. Dorn
March 18, 2015
Working Paper

No. 27
A Roadmap to Monetary Policy Reforms
By Norbert Michel
January 27, 2014
Working Paper

No. 15
Mortgage Reform under the Dodd-Frank Act
By Mark A. Calabria
October 15, 2012
Working Paper

No. 11
Central Banks: Reform or Abolish?
By Gerald P. O’Driscoll Jr.