The latest supplement of the Journal of Monetary Economics recently published four articles from SF Fed staff economists in its massive 1,118-page issue. Check out these articles and other related research by our featured economists.
“Endogenous Forecast Switching Near the Zero Lower Bound” by Kevin J. Lansing, pp. 153-169.
“Unemployment Crises” by Nicolas Petrosky-Nadeau and Lu Zhang, pp. 335-353.
“The Phillips Multiplier” by Regis Barnichon and Geert Mesters, pp. 689-705.
“Optimal Capital Account Liberalization in China” by Zheng Liu, Mark M. Spiegel, and Jingyi Zhang, pp. 1,041-1,061.
The Federal Reserve Bank of San Francisco (SF Fed) works to advance the nation’s monetary, financial, and payment systems to build a stronger economy for all Americans. As part of the U.S. central bank, the SF Fed serves the Twelfth Federal Reserve District, which covers the nine western states—Alaska, Arizona, California, Hawai’i, Idaho, Nevada, Oregon, Utah, and Washington—plus American Samoa, Guam, and the Commonwealth of the Northern Mariana Islands. By pursuing our two key goals of maximum employment and price stability—known as the Fed’s dual mandate—we work toward supporting an economy that works for everyone.