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
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
Presenter: Cynthia Wu Affiliation: University of Notre Dame, Department of Economics Paper: Average Inflation Targeting: Time Inconsistency and Intentional Ambiguity Date: December 28, 2021. Time: 13:00 GMT We study the implications of the Fed’s new policy framework of average inflation targeting (AIT) and its ambiguous communication. The central bank has the incentive to deviate from … Read more