Dallas Fed Economics
Risks abound If China uses debt to stimulate economy from current downturn
The Chinese economy is losing steam. As China considers how to work through its difficulties, its chances of success may depend on how it finances the debt it incurs while attempting to boost economic activity.
April 02, 2019
Dallas Fed Economics
Global Perspectives: Richard Clarida on U.S. monetary policy
Federal Reserve Vice Chairman Richard Clarida discusses a range of topics, including the challenges facing monetary policymakers, the U.S. fiscal situation and the global role of the dollar.
March 07, 2019
Dallas Fed Economics
Inverted yield curve (nearly always) signals tight monetary policy, rising unemployment
With long-term interest rates falling and short-term rates rising, there has been increasing talk of a possible yield-curve inversion and speculation about what an inversion might mean for the U.S. economy.
February 12, 2019
Dallas Fed Economics
The value of patience
In his latest essay, posted on Dallas Fed Economics, President Rob Kaplan provides his assessment of current economic conditions and implications for monetary policy.
February 05, 2019
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
The Legacy of Milton and Rose Friedman's Free to Choose: Economic Liberalism at the Turn of the 21st Century
November 01, 2004