Attention Economy


Friday, March 5, 2021

Modern Monetary Economics

How Does the Federal Reserve Actually Conduct Monetary Policy in the Post-Financial Crisis Era?
 
Intro and Intermediate Macro level:
The Fed’s New Monetary Policy Tools
https://files.stlouisfed.org/research/publications/page1-econ/2020/08/03/the-feds-new-monetary-policy-tools_SE.pdf
Closing the Monetary Policy Curriculum Gap: A Primer for Educators Making the Transition to Teaching the Fed's Ample-Reserves Framework
https://www.federalreserve.gov/econres/notes/feds-notes/closing-the-monetary-policy-curriculum-gap-20201023.htm

Monetary Economics/Money & Banking courses (upper-level courses):
How Did the Fed Funds Market Change When Excess Reserves Were Abundant?
https://www.newyorkfed.org/medialibrary/media/research/epr/2020/epr_2020_vol26no1.pdf
The Pre-Crisis Monetary Policy Implementation Framework
https://www.newyorkfed.org/medialibrary/media/research/epr/2018/epr_2018_pre-crisis-framework_sarkar.pdf
Understanding Recent Fluctuations in Short-Term Interest Rates
https://www.chicagofed.org/~/media/publications/chicago-fed-letter/2019/cfl423-pdf.pdf
The Fed's Operating Framework
https://www.cato.org/sites/cato.org/files/serials/files/cato-journal/2019/5/cj-v39n2-3.pdf