Research

Survey of Professional Forecasters

RESEARCH - The U.S. economy will rebound sooner rather than later, according to 35 forecasters surveyed by the Federal Reserve Bank of Philadelphia. The forecasters expect stronger growth over the next three quarters than they projected in the survey of…

ECB Working Paper Series

RESEARCH - Performance of monetary policy with internal central bank forecasting, by Seppo Honkapohja and Kaushik Mitra, February 2002, ECB Working Paper No. 127.

Central bank intervention and foreign ex rates

RESEARCH - Michel Beine, Agnes Benassy-Quere, Christelle Lecourt, Central bank intervention and foreign exchange rates: new evidence from FIGARCH estimations from the Journal Of International Money And Finance, Volume 21, Issue 1, 01-February-2002.

CGFS release report on IT innovation and financing

PRESS RELEASE - Under the auspices of the Bank for International Settlements (BIS), the Committee on the Global Financial System (CGFS) is today releasing a report entitled IT innovations and financing patterns: implications for the financial system, 13…

When can we forcast inflation?

RESEARCH - Article by Jonas D. M. Fisher, Chin Te Liu and Ruilin Zhou. Chicago Fed researchers show that inflation forecasting models, like the Phillips curve, may still provide sound predictions of inflation. They argue that time periods in which it is…

Chicago Fed Letter, February 2002

REPORT - According to research in the latest Chicago Fed Letter, improvements in average worker skill levels have slowed and are likely to continue to slow the rest of this decade, which could negatively impact U.S. productivity growth in years to come.

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