IDEAS home Printed from https://ideas.repec.org/p/fip/fedfsp/140.html
   My bibliography  Save this paper

Data is the new black: monetary policy by the numbers

Author

Abstract

Presentation to NBER East Asia Seminar on Economics, San Francisco, California, June 19, 2015

Suggested Citation

  • John C. Williams, 2015. "Data is the new black: monetary policy by the numbers," Speech 140, Federal Reserve Bank of San Francisco.
  • Handle: RePEc:fip:fedfsp:140
    as

    Download full text from publisher

    File URL: https://www.frbsf.org/wp-content/uploads/John-C-Williams-Speech-NBER-Asia-Conference.pdf
    File Function: Full Text
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Aruoba, S. Borağan & Diebold, Francis X. & Nalewaik, Jeremy & Schorfheide, Frank & Song, Dongho, 2016. "Improving GDP measurement: A measurement-error perspective," Journal of Econometrics, Elsevier, vol. 191(2), pages 384-397.
    2. Mary C. Daly & Bart Hobijn, 2014. "Downward Nominal Wage Rigidities Bend the Phillips Curve," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 46(S2), pages 51-93, October.
    3. Tomas Havranek & Marek Rusnak, 2013. "Transmission Lags of Monetary Policy: A Meta-Analysis," International Journal of Central Banking, International Journal of Central Banking, vol. 9(4), pages 39-76, December.
    4. Mary C. Daly & Bart Hobijn, 2015. "Why is wage growth so slow?," FRBSF Economic Letter, Federal Reserve Bank of San Francisco.
    5. Milton Friedman, 1961. "The Lag in Effect of Monetary Policy," Journal of Political Economy, University of Chicago Press, vol. 69(5), pages 447-447.
    6. Robert G. Valletta & Catherine van der List, 2015. "Involuntary part-time work: here to stay?," FRBSF Economic Letter, Federal Reserve Bank of San Francisco.
    7. Tim Mahedy & Glenn D. Rudebusch & Daniel J. Wilson, 2015. "The puzzle of weak first-quarter GDP growth," FRBSF Economic Letter, Federal Reserve Bank of San Francisco.
    8. Fernanda Nechio, 2015. "Have long-term inflation expectations declined?," FRBSF Economic Letter, Federal Reserve Bank of San Francisco.
    9. John C. Williams, 2015. "Looking forward, forward looking: the path for monetary policy," Speech 138, Federal Reserve Bank of San Francisco.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. John C. Williams, 2015. "The recovery’s final frontier?," FRBSF Economic Letter, Federal Reserve Bank of San Francisco.
    2. John C. Williams, 2015. "Looking forward: the path for monetary policy," FRBSF Economic Letter, Federal Reserve Bank of San Francisco.
    3. John C. Williams, 2015. "Looking forward, forward looking: the path for monetary policy," Speech 138, Federal Reserve Bank of San Francisco.
    4. John C. Williams, 2015. "The view from here: outlook and monetary policy," FRBSF Economic Letter, Federal Reserve Bank of San Francisco.
    5. Bruce Fallick & Michael Lettau & William L. Wascher, 2016. "Downward Nominal Wage Rigidity in the United States during and after the Great Recession," Working Papers (Old Series) 1602, Federal Reserve Bank of Cleveland.
    6. John C. Williams, 2015. "The outlook, education, and the future of the American economy," Speech 158, Federal Reserve Bank of San Francisco.
    7. John C. Williams, 2016. "Longview: The Economic Outlook," FRBSF Economic Letter, Federal Reserve Bank of San Francisco.
    8. de Ridder, M. & Pfajfar, D., 2017. "Policy Shocks and Wage Rigidities: Empirical Evidence from Regional Effects of National Shocks," Cambridge Working Papers in Economics 1717, Faculty of Economics, University of Cambridge.
    9. Jakub Fischer & Hana Lipovská & Daniel Němec, 2016. "Implementační zpoždění diskreční fiskální politiky [Implementation Lag of Discretionary Fiscal Policy]," Politická ekonomie, Prague University of Economics and Business, vol. 2016(3), pages 245-263.
    10. John C. Williams, 2016. "After the first rate hike," FRBSF Economic Letter, Federal Reserve Bank of San Francisco.
    11. John C. Williams, 2015. "Dancing days are here again: the long road back to maximum employment," FRBSF Economic Letter, Federal Reserve Bank of San Francisco.
    12. John C. Williams, 2016. "Longview: The Economic Outlook. Speech to the Anchorage Economic Development Corporation, Anchorage, Alaska , August 18, 2016," Speech 168, Federal Reserve Bank of San Francisco.
    13. Andrea Giorgio Tosato, 2022. "Considerations on the Monetary Policy Framework of the European Central Bank," CBM Working Papers WP/01/2022, Central Bank of Malta.
    14. John C. Williams, 2016. "Rules of engagement," FRBSF Economic Letter, Federal Reserve Bank of San Francisco.
    15. Schmidt, Torsten & Döhrn, Roland & Grozea-Helmenstein, Daniela & an de Meulen, Philipp & Micheli, Martin & Rujin, Svetlana & Zwick, Lina, 2015. "Die wirtschaftliche Entwicklung im Ausland: Weiterhin schwaches Tempo der weltwirtschaftlichen Expansion," RWI Konjunkturberichte, RWI - Leibniz-Institut für Wirtschaftsforschung, vol. 66(3), pages 5-37.
    16. Umit Bulut, 2016. "May Monetary Transmission Lags Have a Role in Missing Inflation Targets in Turkey? Cointegration Tests with Structural Breaks and Structural VAR Analysis," International Journal of Economics and Finance, Canadian Center of Science and Education, vol. 8(4), pages 93-103, April.
    17. Matteo Barigozzi & Matteo Luciani, 2017. "Common Factors, Trends, and Cycles in Large Datasets," Finance and Economics Discussion Series 2017-111, Board of Governors of the Federal Reserve System (U.S.).
    18. KAMKOUM, Arnaud Cedric, 2023. "The Federal Reserve’s Response to the Global Financial Crisis and its Effects: An Interrupted Time-Series Analysis of the Impact of its Quantitative Easing Programs," Thesis Commons d7pvg, Center for Open Science.
    19. Sellin, Peter, 1998. "Monetary Policy and the Stock Market: Theory and Empirical Evidence," Working Paper Series 72, Sveriges Riksbank (Central Bank of Sweden).
    20. Marco Del Negro & Michele Lenza & Giorgio E. Primiceri & Andrea Tambalotti, 2020. "What's Up with the Phillips Curve?," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 51(1 (Spring), pages 301-373.

    More about this item

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:fip:fedfsp:140. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Federal Reserve Bank of San Francisco Research Library (email available below). General contact details of provider: https://edirc.repec.org/data/frbsfus.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.