Deflation: making sure "it" doesn't happen here : remarks before the National Economists Club, Washington, D.C., November 21, 2002

By Ben S. Bernanke. 2002

271 citations recorded by the source corpus.

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Citations in the corpus

Large-scale asset purchases by the Federal Reserve: did they work? (2010, unknown): “Bernanke, Reinhart, and Sack (2004) adopt an alternative approach to time-series analysis.”
Monetary Policy Alternatives at the Zero Bound: An Empirical Assessment (2005, background): “Examples of the first approach include Woodford (2003), Eggertsson and Woodford (2003a, 2003b), Benhabib, Schmitt-Grohé, and Uribe (2002), and Auerbach and Obstfeld (2004); examples of the second include Blinder (2000), Bernanke (2002), Clouse and others (2003), and Bernanke and Reinhart (2004).”
The global credit boom: Challenges for macroeconomics and policy (2009, background): “In the early 2000s, monetary authorities felt much more free to relax policy, and there were growing concerns that de ation, rather than in ation, could become a problem (Bernanke, 2002).”
The Zero-Interest-Rate Bound and the Role of the Exchange Rate for Monetary Policy in Japan (2003, unknown): “Bernanke (2002) reviews available policy instruments for avoiding and evading deflation including potential depreciation of the currency.”
Escaping from a Liquidity Trap and Deflation: The Foolproof Way and Others (2003, unknown): “As Bernanke (2002) notes: " A striking example from U.S. history is Franklin Roosevelt's 40 percent devaluation of the dollar against gold in 1933–34, enforced by a program of gold purchases and domestic money creation.”
Has the Fed Been a Failure (2012, unknown): “…pp. 299ff.) thesis that overly restrictive Fed policies were responsible for the ―Great Contraction‖ of the early 1930s is now widely accepted (e.g. Bernanke 2002b; Christiano, Motto, and Rostagno 2003), as is their claim that the Fed interfered with recovery by doubling minimum bank reserve…”
THE INFLATION TARGETING DEBATE (2005, background): “Bernanke, Ben and Frederic S. Mishkin (1992), "Central Bank Behavior and the Strategy of Monetary Policy: Observations from Six Industrialized Countries," NBER Macroeconomics Annual, 1992, pp. 183-228.”
The Financial Market Effects of the Federal Reserve's Large-Scale Asset Purchases * (2012, background): “Bernanke, Reinhart, and Sack (2004) also report only a small effect of news about JGB purchases on longer-term yields. Relatively small effects on yields probably reflect that the JGB purchases were not large as a share of GDP and that they were skewed toward bonds with short residual maturities. Ac”
Four stories of quantitative easing (2013, background): “One should note that elastic loan provision and bond purchase programs could affect asset prices differently: Bernanke (2002), for example, argues that low-cost loans will reduce risk premia and illiquidity in all assets that are eligible collateral, but public bond purchases will influence only…”
Conducting Monetary Policy at Very Low Short-Term Interest Rates (2004, background): “1 See Bernanke (2002) and James Clouse et al. (2003) for earlier discussions of these issues.”
Real Effects of Quantitative Easing at the Zero-Lower Bound: Structural VAR-Based Evidence from Japan (2011, background): “4See e.g. Bernanke (2002), Bernanke et al. (2004), Bernanke and Reinhart (2004), Krugman (1998) or Svensson (2003).”
Procyclicality in the financial system: do we need a new macrofinancial stabilisation framework? (2006, background): “See Obstfeld (2004), Obstfeld and Rogoff (2004), Bergsten and Williamson (2004) and Roubini and Setser (2005).”