Central Bank Credibility

30.06.2026: Emi Nakamura – Beyond the Taylor Rule

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Presenter: Emi Nakamura Affiliation: University of California, Berkeley, Department of Economics. Paper: Beyond the Taylor Rule. Date: June 30, 2026. Time: 15:00 Israel Time. Abstract: The Federal Reserve partially “looked through” the post-Covid rise in inflation and ultimately managed to bring about an “immaculate disinflation.” The Fed’s policy deviated strongly from the Taylor rule during … Read more

28.10.2025: Martín Uribe – The legacy of high inflation on monetary policy rules

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Presenter: Martín Uribe Affiliation: Columbia University, Department of Economics. Paper: The Legacy of High Inflation on Monetary Policy Rules. Date: October 28, 2025. Time: 15:00 Israel Time. Abstract: This paper shows the key, yet overlooked, role played by the legacy of a high inflation history on the strength of the monetary policy response to inflationary … Read more