Topic: Economic Growth

Central Banking, Economic Growth, Monetary Policy, Sound Banking, Sound Money Project

“Bernanke Says Fed to Take Necessary Steps on Growth”

– June 9, 2010

“Federal Reserve Chairman Ben S. Bernanke said the U.S. central bank will act as needed to aid financial stability and economic growth after restarting emergency currency-swaps to help contain Europe’s debt crisis. ‘Our ongoing international cooperatio …

Central Banking, Economic Growth, Inflation, International, Monetary Policy, Sound Money Project

“Warning: Inflation May Be Harmful to Your Growth”

– May 13, 2010

“While few doubt that very high inflation is bad for growth, there is less agreement about the effects of moderate inflation. Using panel regressions and allowing for a nonlinear specification, this paper finds a statistically and economically signific …

Economic Growth, Inflation, Monetary Policy, Sound Money Project

Monetary Policy in a World of Uncertain Productivity Growth

– March 25, 2010

“This paper considers inflation forecasts for 2001 under two different assumptions about productivity growth. One assumption, the optimistic one, is that productivity growth has risen above its long-run historical average and that 2001 will see near pr …

Economic Growth, Inflation, Monetary Policy, Sound Money, Sound Money Project

“Something Besides Money Growth Causes Inflation?”

– March 17, 2010

“Some economic phenomena can result from a variety of causes. A temporary increase in unemployment, for example, might be caused by a sudden, disruptive change in production technology, or in trade patterns, or in labor or tax laws; or it could be caus …