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The Federal Reserve Bank of San Francisco

Economic Review

An annual publication of the Economic Research Department

Issues in Macro Policy

Stanford University
August 6, 1999

Cosponsored by the Federal Reserve Bank of San Francisco and the Stanford Institute for Economic Policy Research

Risk and Robustness in Equilibrium Lars Peter Hansen, University of Chicago
The Great Depression and the Weak Recovery

Harold Cole, FRB Minneapolis
(with Lee Ohanian, FRB Minneapolis)

Exchange Rate-based Versus Money-based Policy: A Model of the Trade-Off between Transparency and Control Andrew Atkeson, University of Minnesota; FRB Minneapolis (with Patrick Kehoe, FRB Mineapolis)
Sharing the Risk of Settlement Failure Edward J. Green, FRB Minneapolis

 


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Opinions expressed in the Economic Review do not necessarily reflect the views of the management of the Federal Reserve Bank of San Francisco or the Board of Governors of the Federal Reserve System. This publication was edited, compiled, and produced by Judith Goff, Senior Editor, and Anita Todd, Assistant Editor. Permission to reprint portions of articles or whole articles must be obtained in writing. Permission to photocopy is unrestricted.



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