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federal reserve building, chicago
thogan

Economic performance and the Federal Reserve

Many economists argue the Fed can improve economic performance by moderating booms and busts in the economy. Indeed, some studies propose that the volatility of GDP growth has declined under the Fed, especially during the “Great Moderation” from the mid-1980s to the present day. My recent paper “Has the Fed Improved U.S. Economic Performance?”, soon […]

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