Symposium introduction: Reviewing the Federal Reserve's framework

被引：0

作者：

Cutsinger, Bryan P. ^{[1
]}

Luther, William J. ^{[1
]}

机构：

[1] Florida Atlantic Univ, Dept Econ, Boca Raton, FL 33431 USA

来源：

SOUTHERN ECONOMIC JOURNAL | 2025年 / 91卷 / 04期

关键词：

Federal Reserve; fiscal theory of the price level; flexible average inflation targeting; greedflation; inflation; monetary policy; nominal spending targeting; INFLATION; POLICY;

D O I：

10.1002/soej.12761

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

The Federal Reserve introduced a new monetary policy framework in August 2020. Shortly after, inflation picked up, reaching a 40-year high of 7.0% in June 2022. We explain why prices have risen so high over the last few years, why they remain elevated, and how the Fed's monetary policy framework might be revised in light of this experience.

引用

页码：1213 / 1228

页数：16

共 50 条

[31] A regional analysis of federal reserve districts [J].

Miller, JR ;

Gene, I .

ANNALS OF REGIONAL SCIENCE, 2002, 36 (01) :123-138

[32] Public and Private Institutions in the Federal Reserve [J].

Mueller, Paul D. .

JOURNAL OF PRIVATE ENTERPRISE, 2016, 31 (03) :49-68

[33] A regional analysis of federal reserve districts [J].

Jon R. Miller ;

Ismail Genc .

The Annals of Regional Science, 2002, 36 :123-138

[34] Shifting Mandates: The Federal Reserve's First Centennial [J].

Reinhart, Carmen M. ;

Rogoff, Kenneth S. .

AMERICAN ECONOMIC REVIEW, 2013, 103 (03) :48-54

[35] The devolution of federal reserve monetary policy strategy, 2012-24 [J].

Ireland, Peter N. .

SOUTHERN ECONOMIC JOURNAL, 2025, 91 (04) :1247-1264

[36] The Federal Reserve Is Not Very Constrained by the Lower Bound on Nominal Interest Rates [J].

Swanson, Eric T. .

BROOKINGS PAPERS ON ECONOMIC ACTIVITY, 2018, :555-572

[37] Political Compromise and Bureaucratic Structure: The Political Origins of the Federal Reserve System [J].

Jeong, Gyung-Ho ;

Miller, Gary J. ;

Sobel, Andrew C. .

JOURNAL OF LAW ECONOMICS & ORGANIZATION, 2009, 25 (02) :472-498

[38] Congress and the Federal Reserve [J].

Hess, Gregory D. ;

Shelton, Cameron A. .

JOURNAL OF MONEY CREDIT AND BANKING, 2016, 48 (04) :603-633

[39] Solving policy problems, at the Federal Reserve and elsewhere [J].

Ferguson R.W., Jr. .

Business Economics, 2020, 55 (3) :107-112

[40] The myth of federal reserve de facto independence [J].

Pittaluga, Giovanni B. ;

Seghezza, Elena ;

Morelli, Pierluigi .

ECONOMICS & POLITICS, 2024, 36 (03) :1675-1702

← 1 2 3 4 5 →