08.10.2024: Christoph Boehm – Monetary policy without moving interest rates: The Fed non-yield shock

Presenter: Christoph E. Boehm Affiliation: University of Texas at Austin, Department of Economics. Paper: Monetary Policy without Moving Interest Rates: The Fed Non-Yield Shock. Date: October 8, 2024. Time: 12:00 GMT (15:00 Israel Time) Abstract: Existing high-frequency monetary policy shocks explain surprisingly little variation in stock prices and exchange rates around FOMC announcements. Further, both … Read more

17.09.2024: Anna Cieslak – Policymakers’ uncertainty

Presenter: Anna Cieslak Affiliation: Duke University, Fuqua School of Business. Paper: Policymakers’ Uncertainty. Date: September 17, 2024. Time: 12:00 GMT (15:00 Israel Time) Abstract: Uncertainty is a ubiquitous concern emphasized by policymakers. We study how uncertainty affects decision-making by the Federal Open Market Committee (FOMC). We distinguish between the notion of Fed-managed uncertainty vis-a-vis uncertainty … Read more

20.08.2024: Edouard Challe – Inequality and optimal monetary policy in the open economy

Presenter: Edouard Challe. Affiliation: Paris School of Economics. Paper: Inequality and Optimal Monetary Policy in the Open Economy. Date: August 20, 2024. Time: 12:00 GMT (15:00 Israel Time) Abstract: We study optimal monetary policy in a tractable Small Open Economy Heterogeneous-Agent New Keynesian (SOE-HANK) model in which households face uninsured idiosyncratic risk and unequal bond … Read more

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