The Federal Reserve's Current Framework for Monetary Policy: A Review and Assessment
NBER Working Paper No. 26002
---- Acknowledgments ----
Prepared for the Conference on Monetary Policy Strategy, Tools, and Communication Practices, June 4‐ 5, 2019, Federal Reserve Bank of Chicago. The authors thank Gadi Barlevy, Regis Barnichon, Ben Bernanke, Gabe Chodorow‐Reich, Jordi Galí, Michael Kiley, Ed Nelson, John Taylor, and Mark Watson for helpful discussions, Ben Austin for econometric assistance, and John Coglianese, Don Kim, and Marco Del Negro for providing data. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.
---- Disclosure of Financial Relationships for Jonathan H. Wright ----
I did not receive financial support for this research. I am a professor at Johns Hopkins University and a consultant for the Federal Reserve Banks of Philadelphia and New York. I have no other significant financial interests to disclose. No other party has the right to our paper.