Search Results - "Friedman, Benjamin M"

A Century of Growth and Improvement by Friedman, Benjamin M.

“…The fact that actual economic advance over time normally means producing and consuming different things is usually left implicit in modern models of economic…”
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Work and consumption in an era of unbalanced technological advance by Friedman, Benjamin M.

“…Keynes’s “Grandchildren” essay famously predicted both a rapid increase in productivity and a sharp shrinkage of the workweek – to 15 h – over the century from…”
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Systematic Monetary Policy and the Effects of Oil Price Shocks by Bernanke, Ben S., Gertler, Mark, Watson, Mark, Sims, Christopher A., Friedman, Benjamin M.

“…An attempt is made to increase understanding of the role of monetary policy in postwar US business cycles. Some modest first steps are taken toward sorting out…”
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Economics: A Moral Inquiry with Religious Origins by Friedman, Benjamin M.

“…In contrast to the standard interpretation of the origins of economics out of the secular European Enlightenment of the 18th century, the transition in…”
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Has the Financial Crisis Permanently Changed the Practice of Monetary Policy? Has It Changed the Theory of Monetary Policy? by Friedman, Benjamin M

“…Large‐scale asset purchases—and sales too—are likely to become part of the standard toolkit of monetary policymaking. Central banks' purchases since the…”
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Offshoring of American Jobs: What Response from U.S. Economic Policy? by Bhagwati, Jagdish, Blinder, Alan S

“…It is no surprise that many fearful American workers see the call center operator in Bangalore or the factory worker in Guangzhou as a threat to their jobs…”
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The simple analytics of monetary policy: A post-crisis approach by Friedman, Benjamin M

“…The standard workhorse models of monetary policy now commonly in use, both for teaching macro- economics to students and for supporting policymaking within…”
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Crise financière : conséquences pour la politique monétaire et la pratique monétaire by FRIEDMAN, Benjamin M.

“…This article argues that quantitative easing, one of the two new monetary policy tools, is likely to last but that the other one, forward guidance, is not so…”
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The Cost of Annuities: Implications for Saving Behavior and Bequests by Friedman, Benjamin M., Warshawsky, Mark J.

“…The fact that most elderly U. S. individuals maintain a flat age-wealth profile, rather than buy individual life annuities, contradicts the standard life-cycle…”
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Is our financial system serving us well? by Friedman, Benjamin M.

“…[...] there are numerous models for providing them as a public utility. [...] once a financial institution does become impaired, whether it has done so as a…”
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The Greenspan Era: Discretion, Rather than Rules by Friedman, Benjamin M.

“…Policy rules ... anticipate that key causal connections observed in the past will remain fixed over time... But we have found that very often historical…”
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Rules versus discretion at the Federal Reserve System: On to the second century by Friedman, Benjamin M.

“…Much of the experience of the U.S. Federal Reserve System, during the institution’s first hundred years, has revolved around controversies that fit squarely…”
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Reconstructing economics in light of the 2007 -? financial crisis by Friedman, Benjamin M

“…The lessons learned from the recent financial crisis should significantly reshape the economics profession's thinking, including, importantly, what we teach…”
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The moral consequences of economic growth by Friedman, Benjamin M

“…Friedman argues that Americans's conventional thinking about economic growth fails to reflect the breadth of what growth, or its absence, means for a society…”
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A Price Target for U.S. Monetary Policy? Lessons from the Experience with Money Growth Targets by Friedman, Benjamin M., Kuttner, Kenneth N., Gertler, Mark, Tobin, James

“…During the first half of the 1980s, US monetary policy was the central actor at work in reducing the US economy's ongoing rate of price inflation from low…”
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Why a Dual Mandate is Right for Monetary Policy by Friedman, Benjamin M.

“…Friedman argues why a dual mandate is right for monetary policy…”
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Crise financière : conséquences pour la politique monétaire et la pratique monétaire by Friedman, Benjamin M

“…Cet article soutient que l’une des deux formes de politique monétaire jusqu’ici non conventionnelles, à savoir les achats d’actifs à grande échelle, perdurera…”
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What We Still Don't Know about Monetary and Fiscal Policy by Friedman, Benjamin M.

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Capitalism, Economic Growth & Democracy by Friedman, Benjamin M.

“…Thirty years ago, only forty countries were politically 'free' by conventional Western standards ; today there are ninety.1 At the same time, what had been…”
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Money, Income, Prices, and Interest Rates by Friedman, Benjamin M., Kuttner, Kenneth N.

“…Including data from the 1980's sharply weakens the postwar time-series evidence indicating significant relationships between money (however defined) and…”
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