Just Do IT? An Assessment of Inflation Targeting in a Global Comparative Case Study
This paper introduces novel measures to assess the effectiveness of inflation targeting (IT) and examines its performance across a broad sample of advanced economies (AEs) and emerging market and developing economies (EMDEs).
November 05, 2022
Opening Remarks for Technology-Enabled Disruption: Lessons from the Pandemic and the Path Ahead
Dallas Fed President Lorie Logan delivered this address to open the second day of the conference hosted by the Federal Reserve Banks of Atlanta, Dallas and Richmond Oct. 3-4 in Atlanta.
October 04, 2022
Working Paper
How Foreign- and U.S.-Born Latinos Fare During Recessions and Recoveries
The majority of Latinos are U.S. born, making the progress and well-being of Latinos no longer just a question of immigrant assimilation but also of the effectiveness of U.S. educational institutions and labor markets in equipping young Latinos to move out of the working class and into the middle class.
April 02, 2021
Optimal Bailouts in Banking and Sovereign Crises
This paper finds that larger bailouts relax financial frictions and increase output but increase fiscal needs and default risk.
February 27, 2021
Working Paper
Are Nonlinear Methods Necessary at the Zero Lower Bound?
This paper examines the importance of the zero lower bound (ZLB) constraint on the nominal interest rate by estimating three variants of a small-scale New Keynesian model.
August 01, 2016
Working Paper
Economic Policy Uncertainty and the Credit Channel: Aggregate and Bank Level U.S. Evidence over Several Decades
Economic policy uncertainty affects decisions of households, businesses, policy makers and financial intermediaries.
June 29, 2016
Working Paper
Why Does the FDIC Sue?
Cases the Federal Deposit Insurance Corporation (FDIC) pursues against the directors and officers of failed commercial banks for (gross) negligence are important for the corporate governance of U.S. commercial banks.
January 25, 2016