Work of Five SF Fed Economists Featured in Recent JME

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) serves the public by promoting a healthy, sustainable economy, and supporting the nation’s financial and payment systems. With offices in Los Angeles, Seattle, Salt Lake City, Portland and Phoenix, the Bank serves the Twelfth Federal Reserve District, which includes one-fifth of the nation’s population and represents the world’s fourth-largest economy. As part of the nation’s central bank, the SF Fed informs monetary policy, regulates banks, administers certain consumer protection laws and acts as a financial partner to the U.S. government.