Yearly Archives: 2011

“Practical Monetary Policy: Why Has the Riksbank’s Policy-Rate Path Been So High, and Why Did This Not Prevent the Recovery?”

“Practical Monetary Policy: Why Has the Riksbank’s Policy-Rate Path Been So High, and Why Did this Not Prevent the Recovery?”, keynote lecture at the National Conference of Swedish Economists, Uppsala University, September 17, 2011. Summary: EnglishSwedishSlides. Background paper (for the Brookings Panel on Economic Activity, Fall 2011, published in Brookings Papers on Economic Activity, Fall 2011, 289-332)

New comments: “Comments on Chung, Laforte, Reifschneider, and Williams, ‘Have We Underestimated the Likelihood and Severity of Zero Lower Bound Events?'”

New comments: “Comments on Chung, Laforte, Reifschneider, and Williams, ‘Have We Underestimated the Likelihood and Severity of Zero Lower Bound Events?’” at the conference “Monetary Policy at the Zero Lower Bound,” Federal Reserve Bank of San Francisco, February 25, 2011.