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Monetary Policy in a Changing Economy: a speech at \"Changing Market Structure and Implications for Monetary Policy,\" a symposium sponsored by the Federal Reserve Bank of Kansas City, Jackson Hole, Wyoming

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  • Jerome H. Powell

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  • Jerome H. Powell, 2018. "Monetary Policy in a Changing Economy: a speech at \"Changing Market Structure and Implications for Monetary Policy,\" a symposium sponsored by the Federal Reserve Bank of Kansas City, Jacks," Speech 1010, Board of Governors of the Federal Reserve System (U.S.).
    • Handle: RePEc:fip:fedgsq:1010
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    References listed on IDEAS

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    1. Michael T. Kiley, 2015. "Low Inflation in the United States : A Summary of Recent Research," FEDS Notes 2015-11-23, Board of Governors of the Federal Reserve System (U.S.).
    2. Bordo, Michael D. & Orphanides, Athanasios (ed.), 2013. "The Great Inflation," National Bureau of Economic Research Books, University of Chicago Press, number 9780226066950.
    3. Christina D. Romer & David Romer, 2002. "The evolution of economic understanding and postwar stabilization policy," Proceedings - Economic Policy Symposium - Jackson Hole, Federal Reserve Bank of Kansas City, pages 11-78.
    4. Alan S. Blinder & Ricardo Reis, 2005. "Understanding the Greenspan standard," Proceedings - Economic Policy Symposium - Jackson Hole, Federal Reserve Bank of Kansas City, issue Aug, pages 11-96.
    5. Michael D. Bordo & Athanasios Orphanides, 2013. "The Great Inflation: The Rebirth of Modern Central Banking," NBER Books, National Bureau of Economic Research, Inc, number bord08-1, January-J.
    6. Reifschneider, David & Willams, John C, 2000. "Three Lessons for Monetary Policy in a Low-Inflation Era," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 32(4), pages 936-966, November.
    7. Raj Chetty & Nathaniel Hendren & Patrick Kline & Emmanuel Saez, 2014. "Where is the land of Opportunity? The Geography of Intergenerational Mobility in the United States," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 129(4), pages 1553-1623.
    8. Athanasios Orphanides & John C. Williams, 2013. "Monetary Policy Mistakes and the Evolution of Inflation Expectations," NBER Chapters, in: The Great Inflation: The Rebirth of Modern Central Banking, pages 255-288, National Bureau of Economic Research, Inc.
    9. Alan S. Blinder & Ricardo Reis, 2005. "Understanding the Greenspan standard," Proceedings - Economic Policy Symposium - Jackson Hole, Federal Reserve Bank of Kansas City, issue Aug, pages 11-96.
    10. David L. Reifschneider & John C. Williams, 2000. "Three lessons for monetary policy in a low-inflation era," Conference Series ; [Proceedings], Federal Reserve Bank of Boston, pages 936-978.
    11. Ulf Söderström, 2002. "Monetary Policy with Uncertain Parameters," Scandinavian Journal of Economics, Wiley Blackwell, vol. 104(1), pages 125-145, March.
    12. Taylor, John B., 1993. "Discretion versus policy rules in practice," Carnegie-Rochester Conference Series on Public Policy, Elsevier, vol. 39(1), pages 195-214, December.
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    Cited by:

    1. Alan S. Blinder & Michael Ehrmann & Jakob de Haan & David-Jan Jansen, 2024. "Central Bank Communication with the General Public: Promise or False Hope?," Journal of Economic Literature, American Economic Association, vol. 62(2), pages 425-457, June.
    2. Andrey Sinyakov & Alexey Porshakov, 2019. "Estimates of the Natural Rate of Interest for Russia: Is 'Navigating by the Stars' Useful?," Russian Journal of Money and Finance, Bank of Russia, vol. 78(4), pages 3-47, December.
    3. Jerome H. Powell, 2018. "Monetary Policy and Risk Management at a Time of Low Inflation and Low Unemployment: a speech at \"Revolution or Evolution? Reexamining Economic Paradigms\" 60th Annual Meeting of the Nation," Speech 1013, Board of Governors of the Federal Reserve System (U.S.).
    4. Peter D. Williams & Mr. Yasser Abdih & Emanuel Kopp, 2020. "Reading the Stars," IMF Working Papers 2020/136, International Monetary Fund.
    5. James A. Clouse, 2018. "Short Takes on Monetary Policy Strategy : An Introduction to Some Basic Concepts," Finance and Economics Discussion Series 2018-089, Board of Governors of the Federal Reserve System (U.S.).
    6. Stephen S. Poloz, 2019. "Technological Progress and Monetary Policy: Managing the Fourth Industrial Revolution," Discussion Papers 2019-11, Bank of Canada.
    7. Jeff Fuhrer & Giovanni P. Olivei & Eric S. Rosengren & Geoffrey M.B. Tootell, 2018. "Should the Federal Reserve Regularly Evaluate Its Monetary Policy Framework?," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 49(2 (Fall)), pages 443-517.
    8. Karl Whelan, 2021. "Central banks and inflation: where do we stand and how did we get here?," European Journal of Economics and Economic Policies: Intervention, Edward Elgar Publishing, vol. 18(3), pages 310–330-3, December.
    9. Lei Lv & Zhixin Liu & Yingying Xu, 2019. "Technological progress, globalization and low-inflation: Evidence from the United States," PLOS ONE, Public Library of Science, vol. 14(4), pages 1-19, April.

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