The structural foundations of monetary policy / edited by Michael D. Bordo, John H. Cochrane, Amit Seru ; contributing authors, Michael D. Bordo [and 17 others].

Format:

Book

Conference/Event

Contributor:

Bordo, Michael D., editor.

Cochrane, John H. (John Howland), 1957- editor.

Seru, Amit, editor.

ProQuest ebook central.

Conference Name:

Structural Foundations of Monetary Policy (Conference) (2017 : Hoover Institution on War, Revolution, and Peace), author.

Series:

Hoover Institution Press publication ; 687.

Hoover Institution Press publication ; no. 687

Language:

English

Subjects (All):

Monetary policy--Congresses.

Monetary policy.

Genre:

Conference papers and proceedings.

Physical Description:

1 online resource (ix, 309 pages) : illustrations.

Place of Publication:

Stanford, California : Hoover Institution Press, Stanford University, [2018]

[Place of publication not identified] : [publisher not identified], [2018]

System Details:

text file

Contents:

1 The Balance Sheet 1

Section 1 The Risks of a Fed Balance Sheet Unconstrained by Monetary Policy / Charles I. Plosser Plosser, Charles I.

Section 2 Alternatives for Reserve Balances and the Fed's Balance Sheet in the Future / John B. Taylor Taylor, John B.

Section 3 The Size of the Fed's Balance Sheet / Arvind Krishnamurthy Krishnamurthy, Arvind

General Discussion / John H. Cochrane (moderator) Cochrane, John H., (moderator), Michael Dotsey Dotsey, Michael, Darrell Duffie Duffie, Darrell, Peter Fisher Fisher, Peter, Steve Liesman Liesman, Steve, William Nelson Nelson, William, George P. Shultz Shultz, George P.

2 The Natural Rate 45

Section 1 R-Star: The Natural Rate and Its Role in Monetary Policy / Volker Wieland Wieland, Volker

Section 2 Should Policy Makers Worry about R-Star? Reconsidering Interest Rate Policies as a Stabilization Tool / Lee E. Ohanian Ohanian, Lee E.

General Discussion / Amit Seru (moderator) Seru, Amit, (moderator), John H. Cochrane Cochrane, John H., Michael Dotsey Dotsey, Michael, Martin Eichenbaum Eichenbaum, Martin, Andrew T. Levin Levin, Andrew T.

3 Lessons from the Quiet Zero Lower Bound 89

Section 1 The Radical Implications of Stable Quiet Inflation at the Zero Bound / John H. Cochrane Cochrane, John H.

Section 2 Comments on the Zero Lower Bound / Martin Eichenbaum Eichenbaum, Martin

General Discussion / Michael D. Bordo (moderator) Bordo, Michael D., (moderator), Markus Brunnermeier Brunnermeier, Markus, James Bullard Bullard, James, Richard Clarida Clarida, Richard, Kenneth L. Judd Judd, Kenneth L., Andrew T. Levin Levin, Andrew T., Edward Nelson Nelson, Edward

4 Monetary Policy and Payments 131

Section 1 Payment Systems and the Distributed Ledger Technology / Laurie Simon Hodrick Hodrick, Laurie Simon

Section 2 Cryptocurrencies: Some Lessons from Monetary Economics / Jesús Fernández-Villaverde Fernández-Villaverde, Jesús, Daniel Sanches Sanches, Daniel

Section 3 Central Bank Digital Currency and the Future of Monetary Policy / Michael D. Bordo Bordo, Michael D., Andrew T. Levin Levin, Andrew T.

General Discussion / Amit Seru (moderator) Seru, Amit, (moderator), John H. Cochrane Cochrane, John H., John V. Duca Duca, John V., Robert Hodrick Hodrick, Robert, Thomas Laubach Laubach, Thomas, Michael Melvin Melvin, Michael, David Mulford Mulford, David, Lawrence Schembri Schembri, Lawrence

5 Monetary Policy Making When Views Are Disparate / John B. Taylor Taylor, John B. 187

General Discussion / James Bullard Bullard, James, Charles L. Evans Evans, Charles L., Robert Heller Heller, Robert, William Nelson Nelson, William, David Papell Papell, David, Lawrence Schembri Schembri, Lawrence

6 Monetary Rules and Committees / Stanley Fischer Fischer, Stanley 201

General Discussion / John B. Taylor (moderator) Taylor, John B., (moderator), Michael D. Bordo Bordo, Michael D., Michael J. Boskin Boskin, Michael J., Robert Heller Heller, Robert, Andrew T. Levin Levin, Andrew T., George R Shultz Shultz, George R

7 The Euro Crisis / Markus Brunnermeier Brunnermeier, Markus 221

General Discussion / David Mulford Mulford, David, Volker Wieland Wieland, Volker

8 Monetary Policy Reform / Kevin M. Warsh Warsh, Kevin M. 235

General Discussion / James Bullard Bullard, James, Ann Saphir Saphir, Ann

9 Policy Panel 249

Policy Panel / John H. Cochrane (moderator) Cochrane, John H., (moderator), James Bullard Bullard, James, Charles L. Evans Evans, Charles L., Eric Rosengren Rosengren, Eric

General Discussion / Martin Eichenbaum Eichenbaum, Martin, Robert Heller Heller, Robert, Dennis Lockhart Lockhart, Dennis, Charles I. Plosser Plosser, Charles I..

Notes:

Proceedings of the conference The Structural Foundations of Monetary Policy, hosted by the Hoover Institution in 2017.

Includes bibliographical references and index.

Electronic reproduction. Ann Arbor, MI Available via World Wide Web.

Description based on print version record.

ISBN:

9780817921385

0817921389

Publisher Number:

99986472923

Access Restriction:

Restricted for use by site license.