Carlos Garriga Vice President
|
|
- Britton Perry
- 6 years ago
- Views:
Transcription
1 Generated: December 2017 Carlos Garriga Vice President Joined the Bank Staff August 2007 Education Ph.D. Economics, Universitat de Barcelona, 1999 B.A. Economics, Universitat de Barcelona, 1995 Areas of Interest Macroeconomics, Public Finance, Financial Economics Previous Experience Assistant Professor, Department of Economics, Florida State University Research Member, Centre de Recerca d Economia del Benestar 2006, April Visiting Scholar, Research Department, Federal Reserve Bank of Atlanta Assistant Professor, Department of Economics, Universitat de Barcelona 2001, January Visiting Scholar, Research Department, Federal Reserve Bank of Minneapolis 1999, 2000 Visiting Professor, Research Department, Federal Reserve Bank of Minneapolis 2000, Apr-June Visiting Scholar, Institute for Empirical Macroeconomics, Federal Reserve Bank of Minneapolis Instructor, Department of Economics, Universitat de Barcelona Instructor, Universidad Nacional de Educación a Distancia Instructor, Business School, Universitat de Barcelona 1
2 Articles Published in Peer-Reviewed Journals "Mortgages And Monetary Policy," with Finn E. Kydland and Roman Šustek, Review of Financial Studies, 30, pp , October Publisher DOI: "Intergenerational Policy And The Measurement Of Tax Incidence," with Juan Carlos Conesa, European Economic Review, 83, pp. 1-18, April "Did Housing Policies Cause The Postwar Boom In Homeownership?" with Matthew Chambers and Don Schlagenhauf, Housing and Mortgage Markets in Historical Perspective. Edited by White, Snowden, and Fishback NBER., September "The Tax Treatment of Homeowners and Landlords and the Progressivity of Income Taxation," with Matthew S. Chambers and Don E. Schlagenhauf, Journal of Monetary Economics, November 2009, 56 (8), pp "Indirect Taxation And The Welfare Effects Of Altruism On The Optimal Fiscal Policy," with Fernando Sánchez-Losada, Economic Modelling, 26(6), pp , November "Housing Policy And The Progressivity Of Income Taxation," with Matthew Chambers and Don Schlagenhauf, Journal of Monetary Economics, 56(8), pp , November "Estate Taxation With Warm-Glow Altruism," with Fernando Sánchez-Losada, Portuguese Economic Journal, 8(2), pp , August "Accounting For Changes In The Homeownership Rate," with Matthew Chambers and Don Schlagenhauf, International Economic Review, 50(3), pp , August "Mortgage Contracts And Housing Tenure Decisions," with Matthew Chambers and Don Schlagenhauf, Review of Economic Dynamics, 12, pp , July Publisher DOI: "The Loan Structure And Housing Tenure Decisions In An Equilibrium Model Of Mortgage Choice," with Matthew Chambers and Don Schlagenhauf, Review of Economic Dynamics, 12(3), pp , July "Equilibrium Mortgage Choice And Housing Tenure Decisions With Refinancing," with Matthew Chambers and Don Schlagenhauf, Review of Economic Dynamics, 12(3), pp , July
3 "Optimal Response To A Transitory Demographic Shock In Social Security Financing," with Juan Carlos Conesa, Pension Strategies in Europe and the United States, pp , April "Optimal Fiscal Policy In The Design Of Social Security Reforms," with Juan Carlos Conesa, International Economic Review, 49(1), pp , February "Optimal Taxation With Imperfect Competition And Aggregate Returns To Specialization," with Javier Coto-Martínez and Fernando Sánchez-Losada, Journal of The European Economic Association (JEEA), 5(6), pp , December "Overconsumption, Reference Groups, and Equilibrium Efficiency," Economics Letters, June 2006, 91(3), pp "A general equilibrium analysis of two proposals for social security reform," Investigaciones Económicas, January 2005, 29(1), pp "The Status Quo Problem in Social Security Reforms," with Juan Carlos Conesa, Macroeconomic Dynamics, November 2003, 7(5), pp "Reform of the Social Security System and Skill Acquisition," with Juan Carlos Conesa, Investigaciones Económicas, May 2000, 24(2), pp "A Simple Model of Endogenous Retirement," with Antonio Manresa, Cuadernos Económicos de ICE, 2000, 64, pp "Fiscal System and Reforms of the Social Security System," with Juan Carlos Conesa, Cuadernos Económicos de ICE, 2000, 65, pp "The Financing of the Social Security System in Spain: Dynamic Effects of a Reform," with Juan Carlos Conesa, Hacienda Pública Espanola, 2000, 30(3). Working Papers "Mortgage Debt, Consumption, and Illiquid Housing Markets in the Great Recession," with Aaron Hedlund, Working Paper A, October "Optimal Fiscal Policy in Overlapping Generations Models," Working Paper A, May "Nominal rigidities in debt and product markets," with Finn E. Kydland and Roman Sustek, Working Paper A, August
4 "The Postwar Conquest of the Home Ownership Dream," with Matthew Chambers and Don Schlagenhauf, Working Paper A, April "Rural-Urban Migration, Structural Transformation, and Housing Markets in China," with Yang Tang and Ping Wang, Working Paper C, October 2014, updated April "Reconstructing the Great Recession," with Michele Boldrin, Adrian Peralta-Alva and Juan M. Sánchez, Working Paper C, February 2013, updated January "Mortgages and Monetary Policy," with Finn E. Kydland and Roman Šustek, Working Paper B, December 2013, updated October "Intergenerational Policy and the Measurement of Tax Incidence," with Juan Carlos Conesa, Working Paper A, posted April "A Model of Price Swings in the Housing Market," with Rodolfo E. Manuelli and Adrian Peralta-Alva, Working Paper A, July "Did Housing Policies Cause the Postwar Boom in Homeownership?" with Matthew Chambers and Don Schlagenhauf, Working Paper A, posted April "Generational Policy and the Macroeconomic Measurement of Tax Incidence," with Juan Carlos Conesa, Working Paper A, January Articles in Federal Reserve Bank of St. Louis Publications "Household Debt and the Great Recession," with Bryan J. Noeth and Don Schlagenhauf, Federal Reserve Bank of St. Louis Review, Second Quarter 2017, Vol. 99, No. 2, "The Homeownership Experience of Minorities During the Great Recession," with Lowell R. Ricketts and Don Schlagenhauf, Federal Reserve Bank of St. Louis Review, First Quarter 2017, Vol. 99, No. 1, "Intertemporal Discounting and Policy Selection," with Juan Carlos Conesa, Federal Reserve Bank of St. Louis Review, March/April 2013, Vol. 95, No. 2, "Demographics, Redistribution, and Optimal Inflation," with James Bullard and Christopher J. Waller, Federal Reserve Bank of St. Louis Review, November/December 2012, Vol. 94, No. 6, "Withdrawal History, Private Information, and Bank Runs," with Chao Gu, Federal Reserve Bank of St. Louis Review, July/August 2012, Vol. 94, No. 4,
5 "A Primer on Social Security Systems and Reforms," with Craig P. Aubuchon and Juan Carlos Conesa, Federal Reserve Bank of St. Louis Review, January/February 2011, Vol. 93, No. 1, "Optimal Response to a Transitory Demographic Shock in Social Security Financing," with Juan Carlos Conesa, Federal Reserve Bank of St. Louis Review, January/February 2009, Vol. 91, No. 1, "Mortgage Innovation, Mortgage Choice, and Housing Decisions," with Matthew Chambers and Don Schlagenhauf, Federal Reserve Bank of St. Louis Review, November/December 2008, Vol. 90, No. 6, "Recent Trends in Homeownership," with William T. Gavin and Don Schlagenhauf, Federal Reserve Bank of St. Louis Review, September/October 2006, Vol. 88, No. 5, " Reader Exchange: How does the Fed make money for the Treasury, and are profits audited by Congress or any agency?," Federal Reserve Bank of St. Louis, The Regional Economist, April 2010, p. 23. "Measuring (Most of) the Slack in the Labor Market," Federal Reserve Bank of St. Louis Economic Synopses, 2014, No. 22. "Where Is the Slack in the Labor Market?" Federal Reserve Bank of St. Louis Economic Synopses, 2014, No. 13. "The Recent Boom in House Prices: Why Is This Time Different?" Federal Reserve Bank of St. Louis Economic Synopses, 2013, No. 32. "Mind the Regional Output Gap," Federal Reserve Bank of St. Louis Economic Synopses, 2013, No. 22. "The Macroeconomy of the U.S. States: On the Road to Recovery?" Federal Reserve Bank of St. Louis Economic Synopses, 2013, No. 11. "Measuring the Contribution of Construction to the Slow Recovery," Federal Reserve Bank of St. Louis Economic Synopses, 2013, No. 6. "How Can QE3 Affect the Housing Market?" Federal Reserve Bank of St. Louis Economic Synopses, 2012, No. 31. "Examining the Housing Crisis by Home Price Tier," with Michelle T. Armesto, Federal Reserve Bank of St. Louis Economic Synopses, 2009, No
6 "Lending Standards in Mortgage Markets," Federal Reserve Bank of St. Louis Economic Synopses, 2009, No. 23. "Boom and Gloom in Housing Markets: The Sequel," Federal Reserve Bank of St. Louis Economic Synopses, 2008, No. 12. "A Falling Dollar Raises Inflation in the Gulf," with Michelle T. Armesto, Federal Reserve Bank of St. Louis Economic Synopses, 2008, No. 4. 6
Juan M. Sánchez Research Officer
Generated: January 2018 Juan M. Sánchez Research Officer Joined the Bank Staff August 2010 Education Areas of Interest Ph.D. Economics, University of Rochester, 2008 M.A. Economics, University of Rochester,
More informationWilliam T. Gavin Vice President and Review Editor
Generated: November 2017 William T. Gavin Vice President and Review Editor Joined the Bank Staff May 1, 1994 Education Ph.D. Economics, Ohio State University, 1982 B.A. Economics, Xavier University, Cincinnati
More informationWilliam T. Gavin Emeritus
Generated: December 2018 William T. Gavin Emeritus Joined the Bank Staff September, 1980 Education Ph.D. Economics, Ohio State University, 1982 B.A. Economics, Xavier University, 1970 Areas of Interest
More informationIs Homeownership Still the American Dream?
Is Homeownership Still the American Dream? The views expressed here are those of the speakers and do not necessarily represent the views of the Federal Reserve Bank of St. Louis or of the Federal Reserve
More informationHousehold Debt in America: A Look Across Generations Over Time
Household Debt in America: A Look Across Generations Over Time Carlos Garriga Bryan Noeth Don E. Schlagenhauf Federal Reserve Bank of St. Louis The Center for Household Financial Stability and Research
More informationCURRICULUM VITAE John P. Laitner 12/31/17
CURRICULUM VITAE John P. Laitner 12/31/17 BUSINESS ADDRESS: The University of Michigan PHONE: (734) 615 4582 Department of Economics or (734) 763 9620 Lorch Hall E MAIL: jlaitner@umich.edu Ann Arbor, Michigan
More informationA New Characterization of the U.S. Macroeconomic and Monetary Policy Outlook 1
A New Characterization of the U.S. Macroeconomic and Monetary Policy Outlook 1 James Bullard President and CEO Federal Reserve Bank of St. Louis Society of Business Economists Annual Dinner June 30, 2016
More informationOptimal Capital Income Taxes in an Infinite-lived Representative-agent Model with Progressive Tax Schedules
Optimal Capital Income Taxes in an Infinite-lived Representative-agent Model with Progressive Tax Schedules Been-Lon Chen Academia Sinica Chih-Fang Lai * National Taiwan University February 2014 Abstract
More informationAdvanced Macroeconomics II
Universitat Pompeu Fabra Primavera 2014 Professor Lorenza Rossi (23.302) E-mail: lorenza.rossi@eco.unipv.it website: http://economia.unipv.it/pagp/pagine_personali/lorenza.rossi/ Visites: contact via email
More informationExperience Research Advisor Present Research Department, Federal Reserve Bank of San Francisco.
Kevin J. Lansing April 3, 2018 Research Department, Federal Reserve Bank of San Francisco, P.O. Box 7702 San Francisco CA 94120-7702, (415)-974-2393, email: kevin.j.lansing@sf.frb.org Education Ph.D. Economics,
More informationReal Business Cycle Model
Preview To examine the two modern business cycle theories the real business cycle model and the new Keynesian model and compare them with earlier Keynesian models To understand how the modern business
More informationDaniel L. Thornton Emeritus
Generated: July 2018 Daniel L. Thornton Emeritus Joined the Bank Staff August, 1981 Education Ph.D. Economics, University of Missouri-Columbia, 1976 M.S. Economics, Arizona State University, 1969 B.A.
More informationMICHAEL DOTSEY EDUCATION
1 MICHAEL DOTSEY Research Department Telephone: (215) 574-6417 Federal Reserve Bank of Philadelphia Ten Independence Mall Citizenship: United States Philadelphia PA, 19106 E-mail: Michael.Dotsey@phil.frb.org
More informationMonetary Policy, the Tax Code, and Energy Price Shocks. (Preliminary and Incomplete February 14, 2011)
Monetary Policy, the Tax Code, and Energy Price Shocks By William T. Gavin, Federal Reserve Bank of St. Louis Finn E. Kydland, University of California, Santa Barbara Fei Mao, Federal Reserve Bank of St.
More informationBELEN NIETO DOMENECH Curriculum Vitae
Contact information: Associate Professor Department of Finance University of Alicante Ap. 99; E 03080 Alicante; SPAIN Tel: 0034 965903621 Fax: 0034 965903621 E mail: belen.nieto@ua.es BELEN NIETO DOMENECH
More informationEconomic Inequality and Possible Policy Responses
Economic Inequality and Possible Policy Responses James Bullard President and CEO, FRB-St. Louis Hyman P. Minsky Lecture Weidenbaum Center on the Economy, Government, and Public Policy March 21, 2016 St.
More informationResearch Division Federal Reserve Bank of St. Louis Working Paper Series
Research Division Federal Reserve Bank of St. Louis Working Paper Series Estate Taxation with Warm-Glow Altruism Carlos Garriga and Fernando Sánchez-Losada Working Paper 2009-004A http://research.stlouisfed.org/wp/2009/2009-004.pdf
More informationWeek 5. Remainder of chapter 9: the complete real model Chapter 10: money Copyright 2008 Pearson Addison-Wesley. All rights reserved.
Week 5 Remainder of chapter 9: the complete real model Chapter 10: money 10-1 A Decrease in the Current Capital Stock This could arise due to a war or natural disaster. Output may rise or fall, depending
More informationDemand Shocks Fuel Commodity Price Booms and Busts
J.P. Morgan Center for Commodities at the University of Colorado Denver Business School Demand Shocks Fuel Commodity Price Booms and Busts Martin Stuermer, Ph.D. Senior Research Economist, Federal Reserve
More informationResearch Division Federal Reserve Bank of St. Louis Working Paper Series
Research Division Federal Reserve Bank of St. Louis Working Paper Series Indirect Taxation and the Welfare Effects of Altruism on the Optimal Fiscal Policy Carlos Garriga and Fernando Sánchez-Losada Working
More informationResearch Division Federal Reserve Bank of St. Louis Working Paper Series
Research Division Federal Reserve Bank of St. Louis Working Paper Series Generational Policy and the Macroeconomic Measurement of Tax Incidence Juan Carlos Conesa and Carlos Garriga Working Paper 2009-003A
More informationMacroeconomics. 1. Course Information Version Description
Macroeconomics James Bullard Research Department Federal Reserve Bank of St. Louis http://research.stlouisfed.org/econ/bullard/ bullard@stls.frb.org Economics 402, Fall 2005 This version: 31 August 2005.
More informationYoung Adults Balance Sheets and the Economy
Session 1: Micro and Macro Perspectives on Young Families Balance Sheets Young Adults Balance Sheets and the Economy May 8, 2014 William R. Emmons and Bryan J. Noeth Center for Household Financial Stability
More informationSHAWN NI. Personal Data
December 2017 Personal Data Address CURRICULUM VITAE SHAWN NI Contact Department of Economics Office (573)-882-3161 University of Missouri Fax (573)-882-2697 118 Professional Building email: nix@missouri.edu
More informationJournal of Central Banking Theory and Practice, 2017, 1, pp Received: 6 August 2016; accepted: 10 October 2016
BOOK REVIEW: Monetary Policy, Inflation, and the Business Cycle: An Introduction to the New Keynesian... 167 UDK: 338.23:336.74 DOI: 10.1515/jcbtp-2017-0009 Journal of Central Banking Theory and Practice,
More informationA Lost Generation? Young Families after the Great Recession
A Lost Generation? Young Families after the Great Recession Lowell R. Ricketts, William R. Emmons, Ana H. Kent Center for Household Financial Stability Federal Reserve Bank of St. Louis April 18, 2018
More informationCredit Market Imperfections, Credit Frictions and Financial Crises. Instructor: Dmytro Hryshko
Credit Market Imperfections, Credit Frictions and Financial Crises Instructor: Dmytro Hryshko 1 / 23 Outline Credit Market Imperfections and Consumption. Asymmetric Information and the Financial Crisis.
More informationMonetary Economics Semester 2, 2003
316-466 Monetary Economics Semester 2, 2003 Instructor Chris Edmond Office Hours: Wed 1:00pm - 3:00pm, Economics and Commerce Rm 419 Email: Prerequisites 316-312 Macroeconomics
More informationECON 330: Money and Banking HW 14 Solution
ECON 330: Money and Banking HW 14 Solution Based on Steven Zhang, edited by Alan Yang 22.5 As labor productivity grows, the long-run aggregate supply curve shifts to the right. This is because the existing
More informationMacroeconomics. A European Text OXFORD UNIVERSITY PRESS SIXTH EDITION. Michael Burda and Charles Wyplosz
Macroeconomics A European Text SIXTH EDITION Michael Burda and Charles Wyplosz OXFORD UNIVERSITY PRESS Detailed Contents List of Tables xiii List of Figures xv List of Boxes xix 1 PART I Introduction to
More informationEconomic Vulnerability and Financial Fragility
USRT Conference: Underserved Roundtable Economic Vulnerability and Financial Fragility March 18, 2014 William R. Emmons Center for Household Financial Stability Federal Reserve Bank of St. Louis William.R.Emmons@stls.frb.org
More informationMacroeconomic Theory Part II
Econ. 8106 Prof. Jones Fall 2002 Macroeconomic Theory Part II The purpose of this course is to continue building your foundation knowledge in the area of Macroeconomics. Here, we will concentrate on using
More informationChapter 22. Modern Business Cycle Theory
Chapter 22 Modern Business Cycle Theory Preview To examine the two modern business cycle theories the real business cycle model and the new Keynesian model and compare them with earlier Keynesian models
More informationβ? For what values of β will the solution
1 Class 4. Aggregate Supply 1) Consider the following aggregate demand and supply model: a) Aggregate demand: Y = F 2P (1) b) Aggregate supply: Y = Y + β ( P P) (2) c) Find out the equilibrium level of
More informationOptimal Austerity. Juan Carlos Conesa Stony Brook University. Timothy J. Kehoe University of Minnesota and Federal Reserve Bank of Minneapolis
Optimal Austerity Juan Carlos Conesa Stony Brook University Timothy J. Kehoe University of Minnesota and Federal Reserve Bank of Minneapolis Kim J. Ruhl NYU Stern School of Business June 2016 Fiscal Sustainability,
More informationRichard Rosen. Economic Research Department Federal Reserve Bank of Chicago (312) S. La Salle Street FAX: (312)
Richard Rosen Economic Research Department Federal Reserve Bank of Chicago (312) 322-6368 230 S. La Salle Street FAX: (312) 294-6262 Chicago, IL 60604-1413 Email: rrosen@frbchi.org Employment history:
More informationIntergenerational Policy and the Measurement of the Tax Incidence of Unfunded Liabilities
Intergenerational Policy and the Measurement of the Tax Incidence of Unfunded Liabilities Juan Carlos Conesa, Universitat Autònoma de Barcelona Carlos Garriga, Federal Reserve Bank of St. Louis May 26th,
More informationAn Introduction to Macroeconomics
An Introduction to Macroeconomics Economics 4353 - Intermediate Macroeconomics Aaron Hedlund University of Missouri Fall 2015 Econ 4353 (University of Missouri) Introduction Fall 2015 1 / 19 What is Macroeconomics?
More informationFRBSF ECONOMIC LETTER
FRBSF ECONOMIC LETTER 011- August 1, 011 Does Headline Inflation Converge to Core? BY ZHENG LIU AND JUSTIN WEIDNER Recent surges in food and energy prices have pushed up headline inflation to levels well
More informationSynthesis for Macroeconomics Summary of Aggregate Demand and Aggregate Supply Relevance of Fiscal and Monetary Policy. Fernando Nandy T. Aldaba, Ph.
Synthesis for Macroeconomics Summary of Aggregate Demand and Aggregate Supply Relevance of Fiscal and Monetary Policy Fernando Nandy T. Aldaba, Ph.D Senior Executives Class Batc 3 Sinagtala APPLIED PUBLIC
More informationWhen Interest Rates Go Up, What Will This Mean For the Mortgage Market and the Wider Economy?
SIEPR policy brief Stanford University October 2015 Stanford Institute for Economic Policy Research on the web: http://siepr.stanford.edu When Interest Rates Go Up, What Will This Mean For the Mortgage
More informationthe Federal Reserve to carry out exceptional policies for over seven year in order to alleviate its effects.
The Great Recession and Financial Shocks 1 Zhen Huo New York University José-Víctor Ríos-Rull University of Pennsylvania University College London Federal Reserve Bank of Minneapolis CAERP, CEPR, NBER
More informationAPPENDIX A: Income inequality literature review
APPENDIX A: Income inequality literature review The progressive income tax system is designed to reduce the tax burden of those with a lower ability to pay and shift the burden increasingly to those with
More informationDiscussion of paper: Quantifying the Lasting Harm to the U.S. Economy from the Financial Crisis. By Robert E. Hall
Discussion of paper: Quantifying the Lasting Harm to the U.S. Economy from the Financial Crisis By Robert E. Hall Hoover Institution and Department of Economics, Stanford University National Bureau of
More informationAggregate and Distributional Dynamics of Consumer Credit in the U.S.
Aggregate and Distributional Dynamics of Consumer Credit in the U.S. Carlos Garriga Federal Reserve Bank of St. Louis Don E. Schlagenhauf Federal Reserve Bank of St. Louis Bryan Noeth Federal Reserve Bank
More informationMonetary Policy Options in a Low Policy Rate Environment
Monetary Policy Options in a Low Policy Rate Environment James Bullard President and CEO, FRB-St. Louis IMFS Distinguished Lecture House of Finance Goethe Universität Frankfurt 21 May 2013 Frankfurt-am-Main,
More informationAtkeson, Chari and Kehoe (1999), Taxing Capital Income: A Bad Idea, QR Fed Mpls
Lucas (1990), Supply Side Economics: an Analytical Review, Oxford Economic Papers When I left graduate school, in 1963, I believed that the single most desirable change in the U.S. structure would be the
More informationThe Influence of China s Pension System in the Context of Aging: with A Computable General Equilibrium Analysis. Abstract
The Influence of China s Pension System in the Context of Aging: with A Computable General Equilibrium Analysis Weimin ZHOU 1, Yifan YANG 2, Kexin NI 3 Abstract China's population is aging rapidly, China's
More informationA Macroeconomic Model of Endogenous Systemic Risk Taking. David Martinez-Miera Universidad Carlos III. Javier Suarez CEMFI
A Macroeconomic Model of Endogenous Systemic Risk Taking David Martinez-Miera Universidad Carlos III Javier Suarez CEMFI 2nd MaRs Conference, ECB, 30-31 October 2012 1 Introduction The recent crisis has
More informationMacroeconomics: Principles, Applications, and Tools
Macroeconomics: Principles, Applications, and Tools NINTH EDITION Chapter 14 The Federal Reserve and Monetary Policy Learning Objectives 14.1 Explain the role of demand and supply in the money market.
More informationJohn R. Gist Lorain Ave. Silver Spring, MD (301)
CURRICULUM VITAE John R. Gist 10020 Lorain Ave. Silver Spring, MD 20901 (301) 754-1691 I. PROFESSIONAL BACKGROUND A. Education: Ph.D., Political Science, Washington University, St. Louis, Missouri, 1973
More informationMonetary Theory and Policy. Fourth Edition. Carl E. Walsh. The MIT Press Cambridge, Massachusetts London, England
Monetary Theory and Policy Fourth Edition Carl E. Walsh The MIT Press Cambridge, Massachusetts London, England Contents Preface Introduction xiii xvii 1 Evidence on Money, Prices, and Output 1 1.1 Introduction
More informationFRBSF Economic Letter
FRBSF Economic Letter 2017-30 October 16, 2017 Research from Federal Reserve Bank of San Francisco Has the Wage Phillips Curve Gone Dormant? Sylvain Leduc and Daniel J. Wilson Although the labor market
More informationRecently Expired Individual Tax Provisions ( Tax Extenders ): In Brief
Recently Expired Individual Tax Provisions ( Tax Extenders ): In Brief Molly F. Sherlock, Coordinator Specialist in Public Finance Mark P. Keightley Specialist in Economics Jane G. Gravelle Senior Specialist
More information10.2 Recent Shocks to the Macroeconomy Introduction. Housing Prices. Chapter 10 The Great Recession: A First Look
Chapter 10 The Great Recession: A First Look By Charles I. Jones Media Slides Created By Dave Brown Penn State University 10.2 Recent Shocks to the Macroeconomy What shocks to the macroeconomy have caused
More informationRemarks on the FOMC s Monetary Policy Framework
Remarks on the FOMC s Monetary Policy Framework Loretta J. Mester President and Chief Executive Officer Federal Reserve Bank of Cleveland Panel Remarks at the 2018 U.S. Monetary Policy Forum Sponsored
More informationOffice hours are the following, or by appointment: Monday and Wednesday 2:00-3:00 pm Tuesday and Thursday 10:30-11:30 am
Econ 407 Monetary Theory and Policy Whitman College Fall 2013 Denise Hazlett Office: Maxey 224 Phone: 527-5155 email: hazlett@whitman.edu Cleo email address for our course: ECON_407_A_F13@cleo.whitman.edu
More informationQE2 in Five Easy Pieces
QE2 in Five Easy Pieces James Bullard President and CEO, FRB-St. Louis High Profile Speaker Series 8 November 2010 NYSSA, New York City Any views expressed here are my own and do not necessarily reflect
More informationInterest Rate Defenses of Currency Pegs
WP/04/85 Interest Rate Defenses of Currency Pegs Juan Solé 2004 International Monetary Fund WP/04/85 IMF Working Paper International Capital Markets Interest Rate Defenses of Currency Pegs Prepared by
More informationIS FINANCIAL REPRESSION REALLY BAD? Eun Young OH Durham Univeristy 17 Sidegate, Durham, United Kingdom
IS FINANCIAL REPRESSION REALLY BAD? Eun Young OH Durham Univeristy 17 Sidegate, Durham, United Kingdom E-mail: e.y.oh@durham.ac.uk Abstract This paper examines the relationship between reserve requirements,
More informationHome Financing in Kansas City and Its Contribution to Low- and Moderate-Income Neighborhood Development
FEBRUARY 2007 Home Financing in Kansas City and Its Contribution to Low- and Moderate-Income Neighborhood Development JAMES HARVEY AND KENNETH SPONG James Harvey is a policy economist and Kenneth Spong
More informationThe Brussels Economic Forum
The Brussels Economic Forum What kind of policies should the new Member States apply to optimise their speed of convergence? Banco de Portugal VÍTOR CONSTÂNCIO Brussels, 23d of April 24 I. INTRODUCTION
More informationLONG-TERM MACROECONOMIC EFFECTS OF THE 2017 CORPORATE TAX CUTS. Jorge Barro, Ph.D. Fellow in Public Finance
LONG-TERM MACROECONOMIC EFFECTS OF THE 2017 CORPORATE TAX CUTS Jorge Barro, Ph.D. Fellow in Public Finance April 2018 2018 by the James A. Baker III Institute for Public Policy of Rice University This
More informationDiscussion of The Great Escape? A Quantitative Evaluation of the Fed s Non- Standard Policies by Del Negro, Eggertsson, Ferrero, and Kiyotaki
Discussion of The Great Escape? A Quantitative Evaluation of the Fed s Non- Standard Policies by Del Negro, Eggertsson, Ferrero, and Kiyotaki Zheng Liu, FRB San Francisco March 5, 2010 The opinions expressed
More informationEconomics 2202 (Section 05) Macroeconomic Theory 1. Syllabus Professor Sanjay Chugh Fall 2014
Department of Economics Boston College Economics 2202 (Section 05) Macroeconomic Theory Syllabus Professor Sanjay Chugh Meetings: Tuesdays and Thursdays, 1:30pm-2:45pm, Campion Hall 200 Email address:
More informationUNIVERSITY OF MIAMI Principles of Macroeconomics (ECO 212) Answer Key to the Third Sample Midterm Professor Adrian Peralta-Alva
UNIVERSITY OF MIAMI Principles of Macroeconomics (ECO 212) Answer Key to the Third Sample Midterm Professor Adrian Peralta-Alva Section I. Multiple-choice questions (80 points total). Clearly mark what
More informationFRBSF ECONOMIC LETTER
FRBSF ECONOMIC LETTER 211-26 August 22, 211 Boomer Retirement: Headwinds for U.S. Equity Markets? BY ZHENG LIU AND MARK M. SPIEGEL Historical data indicate a strong relationship between the age distribution
More informationSTATEMENT OF GARY THOMAS 2013 PRESIDENT NATIONAL ASSOCIATION OF REALTORS UNITED STATES SENATE COMMITTEE ON BANKING, HOUSING AND URBAN AFFAIRS
Gary Thomas 2013 President Dale A. Stinton CAE, CPA, CMA, RCE Chief Executive Officer 500 New Jersey Avenue, N.W. Washington, DC 20001-2020 GOVERNMENT AFFAIRS Jerry Giovaniello, Senior Vice President Gary
More informationECON 3020: ACCELERATED MACROECONOMICS
ECON 3020: ACCELERATED MACROECONOMICS SOLUTIONS TO RELIMINARY EXAM 04/09/2015 Instructor: Karel Mertens Question 1: AD-AS (30 points) Consider the following closed economy: C d = 200 + 0.5(Y T ) 200r I
More informationHarvard Center for Population Phone: (+1) Harvard University
Neha Bairoliya Contact Information Current Positions & Appointments Past Positions & Appointments Harvard Center for Population Phone: (+1) 612-817-7379 and Development Studies E-mail: nbairoli@hsph.harvard.edu
More informationUniversity of Toronto Department of Economics ECO 2061H L0201 Economic Theory Macroeconomics (MFE) Winter Professor George J.
University of Toronto Department of Economics ECO 2061H L0201 Economic Theory Macroeconomics (MFE) Winter 2014 Instructor Office Professor George J. Georgopoulos Room 242, Max Gluskin House, 150 St. George
More information2012 Economic Outlook: Overview of U.S. Economy. Presented by: Mark Evans, CFA Director of Investment Strategies
2012 Economic Outlook: Overview of U.S. Economy Presented by: Mark Evans, CFA Director of Investment Strategies mevans@viningsparks.com A Recovery of Sorts Rates have fallen even further Economy is getting
More informationA Macro-finance View on Stress Testing
ECONOMIC & CONSUMER CREDIT ANALYTICS June, 2012 MOODY S ANALYTICS A Macro-finance View on Stress Testing Prepared by Andrea Appeddu Economist 610.235.5000 Juan M. Licari Senior Director 610.235.5000 José
More informationSyllabus of EC6102 Advanced Macroeconomic Theory
Syllabus of EC6102 Advanced Macroeconomic Theory We discuss some basic skills of constructing and solving macroeconomic models, including theoretical results and computational methods. We emphasize some
More informationResearch Division Federal Reserve Bank of St. Louis Working Paper Series
Research Division Federal Reserve Bank of St. Louis Working Paper Series Sectoral Shocks, Reallocation Frictions, and Optimal Government Spending Rodolfo E. Manuelli and Adrian Peralta-Alva Working Paper
More informationNominal Income Targeting versus Inflation Targeting in Advanced and Emerging Economies
Nominal Income Targeting versus Inflation Targeting in Advanced and Emerging Economies Warwick J. McKibbin, AO Vice Chancellor s Chair in Public Policy Director, Centre for Applied Macroeconomic Analysis,
More informationCONSULTING AND TRAINING EXPERIENCE (GOVERNMENT OR CORPORATE)
Pan, Min Professor, (Associate Dean) Department of Finance Email: mpan@whu.edu.cn Phone : +86-27-68753013 PhD, Finance, Kobe University,Japan(1995-2000) MS,Finance, Wuhan University, China (1987-1990)
More informationChapter 11. Market-Clearing Models of the Business Cycle. Copyright 2008 Pearson Addison-Wesley. All rights reserved.
Chapter 11 Market-Clearing Models of the Business Cycle Study Two Market-Clearing Business Cycle Models Real Business Cycle Model Keynesian Coordination Failure Model 11-2 Applying Bank Run Model to Financial
More informationKartik B. Athreya Curriculum Vitae [Updated June, 2014]
E-mail: kartik.athreya@rich.frb.org Birth Date: July 21 st, 1971, Citizenship: U.S.A. Current Position Group Vice President Research Department Federal Reserve Bank of Richmond Education Ph.D., Economics,
More informationFRBSF ECONOMIC LETTER
FRBSF ECONOMIC LETTER 2010-31 October 18, 2010 Underwater Mortgages BY JOHN KRAINER AND STEPHEN LEROY House prices have fallen approximately 30% from their peak in 2006, accompanied by a level of defaults
More informationUNIVERSITY OF CALIFORNIA DEPARTMENT OF ECONOMICS. Economics 134 Spring 2018 Professor David Romer LECTURE 19
UNIVERSITY OF CALIFORNIA DEPARTMENT OF ECONOMICS Economics 134 Spring 2018 Professor David Romer LECTURE 19 INCOME INEQUALITY AND MACROECONOMIC BEHAVIOR APRIL 4, 2018 I. OVERVIEW A. Changes in inequality
More informationROBERT D. HAYES Ph.D., CPA, CMA, ChFC
ROBERT D. HAYES Ph.D., CPA, CMA, ChFC Department of Accounting College of Business Tennessee State University 330 10 th Avenue North, Box 137 Nashville, TN 37203-3401 phone:(615) 963-7164; fax:(615) 963-7177
More informationMacroeconomic determinants of international commodity prices. Jeffrey Frankel Harpel Professor Capital Formation & Growth Harvard University
Macroeconomic determinants of international commodity prices Jeffrey Frankel Harpel Professor Capital Formation & Growth Harvard University Keynote Address JPMCC International Commodities Symposium, University
More informationProfessor Christina Romer. LECTURE 22 FINANCIAL MARKETS AND MONETARY POLICY April 12, 2018
Economics 2 Spring 2018 Professor Christina Romer Professor David Romer LECTURE 22 FINANCIAL MARKETS AND MONETARY POLICY April 12, 2018 I. OVERVIEW II. THE MONEY MARKET, THE FEDERAL RESERVE, AND INTEREST
More informationEconomics 2202 (Section 05) Macroeconomic Theory 1. Syllabus Professor Sanjay Chugh Spring 2015
Department of Economics Boston College Economics 2202 (Section 05) Macroeconomic Theory Syllabus Professor Sanjay Chugh Meetings: Mondays and Wednesdays, 8:30am-9:45am, O Neill 253 Email address: sanjay.chugh@bc.edu
More informationDepartment of Economics Course Outline
Department of Economics Course Outline Term: Winter 2013 Course: Economics 653 [Public Revenue Analysis] Section: 01 Time: MWF 9:00 9:50 Place: SS 423 Instructor: Dr. Kenneth J. McKenzie Office: SS 452
More informationDavid Rosenblatt World Bank 1818 H Street, NW Washington D.C (202) (W)
David Rosenblatt World Bank 1818 H Street, NW Washington D.C. 20433 (202) 473-7930 (W) EDUCATION Ph.D., Economics, 1992 University of California, Berkeley B.A., cum laude, Mathematics, 1985 Pomona College,
More information2) analytical concepts and frameworks that enable us to deal with the interactions between goods, labor and assets markets.
Module: I - Quantitative Methods I Name of course: Macroeconomics Duration: 24 hours Course instructor: Alessandro Piergallini Lecturer in Economics University of Rome Tor Vergata Email: alessandro.piergallini@uniroma2.it
More informationUniversity of Toronto Department of Economics ECO 2061H L0201 Economic Theory Macroeconomics (MFE) Winter Professor George J.
University of Toronto Department of Economics ECO 2061H L0201 Economic Theory Macroeconomics (MFE) Winter 2014 Instructor Office Professor George J. Georgopoulos Room 242, Max Gluskin House, 150 St. George
More informationMartina Lawless Curriculum Vitae: February Website: martinalawless.com
Martina Lawless Curriculum Vitae: February 2015 Email: martina.lawless@gmail.com Website: martinalawless.com Education B. A. (Economics) 2000 Trinity College Dublin M.Sc. (Economics) 2001 Katholieke Universiteit
More informationIam very pleased to participate in the
Data Dependence William This article was originally presented as a speech at the Middle Tennessee State University Annual Economic Outlook Conference, Murfreesboro, Tennessee, September 29, 2006. Federal
More informationLong-term uncertainty and social security systems
Long-term uncertainty and social security systems Jesús Ferreiro and Felipe Serrano University of the Basque Country (Spain) The New Economics as Mainstream Economics Cambridge, January 28 29, 2010 1 Introduction
More informationRay C. Fair Curriculum Vitae
Ray C. Fair Curriculum Vitae Date: January 2018 Office Address: Cowles Foundation, Yale University, New Haven, CT 06520-8281 Home Address: 233 Everit Street, New Haven, CT 06511 Phone: 203-980-0646 E-mail:
More informationCrises and Growth: A Re-Evaluation
Crises and Growth: A Re-Evaluation Romain Rancière Aaron Tornell Frank Westermann Dubrovnik, July 2005 "The regular development of wealth does not occur without pain and resistance. In crises everything
More informationMillennials Have Begun to Play Homeownership Catch-Up
Millennials Have Begun to Play Homeownership Catch-Up Since the onset of the housing bust, bad news has inundated the homeownership market. The national homeownership rate has fallen to multi-decade lows,
More informationOCR Economics A-level
OCR Economics A-level Macroeconomics Topic 3: Application of Policy Instruments 3.5 Approaches to policy and macroeconomic context Notes Explain why approaches to macroeconomic policy change in accordance
More informationA Macroeconomic Assessment of the Gender. Wage Gap Effect: The Case of Spain. Luis Pinedo Caro
Universidad del País Vasco/Euskal Herriko Unibertsitatea Departamento de Fundamentos del Análisis Económico II 2007/2008 A Macroeconomic Assessment of the Gender Wage Gap Effect: The Case of Spain A Master
More informationSelf-Financing Education, Government Policies, and Economic Growth
Self-Financing Education, Government Policies, and Economic Growth Hoang D. Duong Departament d Economia Aplicada Universitat Autònoma de Barcelona Fernando Sánchez-Losada Departament de Teoria Econòmica
More informationComments on Credit Frictions and Optimal Monetary Policy, by Cúrdia and Woodford
Comments on Credit Frictions and Optimal Monetary Policy, by Cúrdia and Woodford Olivier Blanchard August 2008 Cúrdia and Woodford (CW) have written a topical and important paper. There is no doubt in
More informationEconomics 325 (Section 020*) Intermediate Macroeconomic Analysis 1. Syllabus Professor Sanjay Chugh Fall 2009
Department of Economics University of Maryland Economics 325 (Section 020*) Intermediate Macroeconomic Analysis Syllabus Professor Sanjay Chugh Lectures: Tuesdays and Thursdays, 2:00pm-2:50pm, Tydings
More information