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Monetary Policy at the Zero Lower Bound: Revelations from the Summary of Economic Projections

Author

Listed:
  • Kahn, George A.

    () (Federal Reserve Bank of Kansas City)

  • Palmer, Andrew

    (Federal Reserve Bank of Kansas City)

Abstract

George A. Kahn and Andrew Palmer assess how FOMC participants' projections that policy would lift off from its effective lower bound related to their projections for inflation and unemployment.

Suggested Citation

  • Kahn, George A. & Palmer, Andrew, 2016. "Monetary Policy at the Zero Lower Bound: Revelations from the Summary of Economic Projections," Macro Bulletin, Federal Reserve Bank of Kansas City, pages 1-4, April.
  • Handle: RePEc:fip:fedkmb:00041
    as

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    File URL: https://www.kansascityfed.org/~/media/files/publicat/research/macrobulletins/mb16kahnpalmer0406.pdf
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    References listed on IDEAS

    as
    1. Mark Bils & Yongsung Chang & Sun-Bin Kim, 2016. "How Sticky Wages In Existing Jobs Can Affect Hiring," Working papers 2016rwp-91, Yonsei University, Yonsei Economics Research Institute.
    2. Yongsung Chang & Sun-Bin Kim & Mark Bils, 2013. "How Sticky Wages in Existing Jobs can affect Hiring," 2013 Meeting Papers 1162, Society for Economic Dynamics.
    3. Pablo A. Guerron-Quintana & Ryo Jinnai, "undated". "Liquidity, Trends and the Great Recession," Working Papers e66, Tokyo Center for Economic Research.
    4. Barry Eichengreen & Donghyun Park & Kwanho Shin, 2017. "The Global Productivity Slump: Common and Country-Specific Factors," Asian Economic Papers, MIT Press, vol. 16(3), pages 1-41, Fall.
    5. Jeff E. Biddle, 2014. "Retrospectives: The Cyclical Behavior of Labor Productivity and the Emergence of the Labor Hoarding Concept," Journal of Economic Perspectives, American Economic Association, vol. 28(2), pages 197-212, Spring.
    6. Laurence Ball, 2014. "Long-term damage from the Great Recession in OECD countries," European Journal of Economics and Economic Policies: Intervention, Edward Elgar Publishing, vol. 11(2), pages 149-160, September.
    7. John Haltiwanger & Ron S. Jarmin & Javier Miranda, 2013. "Who Creates Jobs? Small versus Large versus Young," The Review of Economics and Statistics, MIT Press, vol. 95(2), pages 347-361, May.
    8. Diego Anzoategui & Diego Comin & Mark Gertler & Joseba Martinez, 2016. "Endogenous Technology Adoption and R&D as Sources of Business Cycle Persistence," NBER Working Papers 22005, National Bureau of Economic Research, Inc.
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    More about this item

    Keywords

    Federal Open Market Committee; FOMC; Monetary Policy;

    JEL classification:

    • E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy

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