Archives - Position Papers

The Committee meets semi-annually. At each meeting a number of papers are prepared by Committee members on a variety of macroeconomic and public policy topics. Based on these papers and the Committee’s deliberations, a Policy Statement is prepared that summarizes the most important policy recommendations of the Committee. These papers are organized by year and downloadable.

November 11, 2022

Position Papers

 
The Evolution of Central Banks
by Michael D. Bordo, Rutgers University

The Fed’s New Old Clothes
by Gregory D. Hess, IES Abroad

April 29, 2022

Position Papers

 
The Continuing Case for Nominal GDP Level Targeting
by Peter N. Ireland, Boston College

February 11, 2022

Position Papers

 
The Fed’s Delayed Exits from Monetary Ease: The Fed Rarely Learns from History
by Michael D. Bordo, Rutgers University and Mickey D. Levy, Berenberg Capital Markets
 
Accelerating OER and Services Prices to Keep Inflation High
by Mickey D. Levy, Berenberg Capital Markets
 
Inflation Risks and Monetary Policy
by Andrew Levin, Dartmouth College
 
The Institutional Devolution of Government Financial Policy
by Charles W. Calomiris, Columbia Business School