Details about Richard G. Anderson

Access statistics for papers by Richard G. Anderson.

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Short-id: pan110

Working Papers

2016

1. Money and Velocity During Financial Crises: From the Great Depression to the Great Recession
   Economics Working Papers, Hoover Institution, Stanford University View citations (19)
   Also in Working Papers, Federal Reserve Bank of Dallas (2015) View citations (2)

2013

2. Does Commonality in Illiquidity Matter to Investors?
   Working Papers, Lund University, Department of Economics View citations (2)
   Also in Working Papers, Federal Reserve Bank of St. Louis (2013) View citations (2)
3. Nonlinear relationship between permanent and transitory components of monetary aggregates and the economy
   Working Papers, Federal Reserve Bank of St. Louis View citations (3)

2011

4. Connectionist-based rules describing the pass-through of individual goods prices into trend inflation in the United States
   Working Papers, Federal Reserve Bank of St. Louis View citations (2)
   See also Journal Article Connectionist-based rules describing the pass-through of individual goods prices into trend inflation in the United States, Economics Letters, Elsevier (2012) (2012)
5. How does the FOMC learn about economic revolutions? evidence from the New Economy Era, 1994-2001
   Working Papers, Federal Reserve Bank of St. Louis

2009

6. Does money matter in inflation forecasting?
   Working Papers, Federal Reserve Bank of St. Louis View citations (4)
   See also Journal Article Does money matter in inflation forecasting?, Physica A: Statistical Mechanics and its Applications, Elsevier (2010) View citations (12) (2010)
7. Dynamics in Systematic Liquidity
   Working Papers, Lund University, Department of Economics
   Also in Working Papers, Federal Reserve Bank of St. Louis (2009)

2008

8. Offshoring, economic insecurity, and the demand for social insurance
   Working Papers, Federal Reserve Bank of St. Louis View citations (2)

2007

9. Handicapping currency design: counterfeit deterrence and visual accessibility in the United States and abroad
   Working Papers, Federal Reserve Bank of St. Louis View citations (5)
10. Mean-Variance vs. Full-Scale Optimization: Broad Evidence for the UK
    Working Papers, Lund University, Department of Economics View citations (2)
    Also in Working Papers, Federal Reserve Bank of St. Louis (2007) View citations (2)
11. The perils of globalization: offshoring and economic insecurity of the American worker
    Working Papers, Federal Reserve Bank of St. Louis View citations (6)

2006

12. Analysis of panel vector error correction models using maximum likelihood, the bootstrap, and canonical-correlation estimators
    Working Papers, Federal Reserve Bank of St. Louis View citations (8)
13. Monetary base
    Working Papers, Federal Reserve Bank of St. Louis View citations (13)

2005

14. A specialized inventory problem in banks: optimizing retail sweeps
    Working Papers, Federal Reserve Bank of St. Louis
15. Productivity measurement and monetary policymaking during the 1990s
    Working Papers, Federal Reserve Bank of St. Louis View citations (4)
16. The role of data & program code archives in the future of economic research
    Working Papers, Federal Reserve Bank of St. Louis View citations (12)

2003

17. Retail deposit sweep programs: issues for measurement, modeling and analysis
    Working Papers, Federal Reserve Bank of St. Louis View citations (9)
18. Some tables of historical U.S. currency and monetary aggregates data
    Working Papers, Federal Reserve Bank of St. Louis View citations (4)

2001

19. A vector error correction forecasting model of the U.S. economy
    Working Papers, Federal Reserve Bank of St. Louis View citations (8)
    See also Journal Article A vector error-correction forecasting model of the US economy, Journal of Macroeconomics, Elsevier (2002) View citations (20) (2002)
20. The remarkable stability of monetary base velocity in the United States, 1919-1999
    Working Papers, Federal Reserve Bank of St. Louis View citations (16)

2000

21. Retail sweep programs and bank reserves, 1994--1999
    Working Papers, Federal Reserve Bank of St. Louis View citations (8)
    See also Journal Article Retail sweep programs and bank reserves, 1994-1999, Review, Federal Reserve Bank of St. Louis (2001) View citations (25) (2001)
22. The domestic adjusted monetary base
    Working Papers, Federal Reserve Bank of St. Louis View citations (32)

1997

23. Construction of an estimated domestic monetary base using new estimates of foreign holdings of U.S. currency
    Working Papers, Federal Reserve Bank of St. Louis View citations (2)
24. Modeling U.S. households' demand for liquid wealth in an era of financial change
    Working Papers, Federal Reserve Bank of St. Louis View citations (2)
    See also Journal Article Modeling U.S. Households' Demands for Liquid Wealth in an Era of Financial Change, Journal of Money, Credit and Banking, Blackwell Publishing (1998) View citations (4) (1998)

1996

25. A revised measure of the St. Louis adjusted monetary base
    Working Papers, Federal Reserve Bank of St. Louis View citations (11)
    See also Journal Article A revised measure of the St. Louis adjusted monetary base, Review, Federal Reserve Bank of St. Louis (1996) View citations (11) (1996)
26. Building new monetary services indices: methodology and source data
    Working Papers, Federal Reserve Bank of St. Louis View citations (4)
27. Defining the adjusted monetary base in an era of financial change
    Working Papers, Federal Reserve Bank of St. Louis View citations (7)
28. Monetary aggregation theory and statistical index numbers
    Working Papers, Federal Reserve Bank of St. Louis View citations (35)

1994

29. A historical perspective on the Federal Reserve's monetary aggregates
    Working Papers, Federal Reserve Bank of St. Louis View citations (1)
30. Replication and scientific standards in economics a decade later: the impact of JMCB project
    Working Papers, Federal Reserve Bank of St. Louis View citations (1)

Journal Articles

2013

1. Banks and credit unions: competition not going away
   The Regional Economist, 2013, (Apr) View citations (1)
2. How low can you go? negative interest rates and investors’ flight to safety
   The Regional Economist, 2013, (Jan) View citations (12)
3. Japan as a role model?
   Economic Synopses, 2013

2012

4. Connectionist-based rules describing the pass-through of individual goods prices into trend inflation in the United States
   Economics Letters, 2012, 117, (1), 174-177
   See also Working Paper Connectionist-based rules describing the pass-through of individual goods prices into trend inflation in the United States, Working Papers (2011) View citations (2) (2011)
5. Driving to recession and recovery
   Economic Synopses, 2012 View citations (1)
6. How Does the FOMC Learn About Economic Revolutions? Evidence from the New Economy Era, 1994–2001
   Business Economics, 2012, 47, (1), 27-56 View citations (4)
7. How positive are recent employment and labor market trends?
   Economic Synopses, 2012 View citations (1)
8. On the road to recovery, soft patches turn up often
   The Regional Economist, 2012, (Jan)
9. Quantitative easing the Swedish way
   Economic Synopses, 2012
10. The FOMC: transparency achieved?
    Economic Synopses, 2012

2011

11. A closer look: assistance programs in the wake of the crisis
    The Regional Economist, 2011, (Jan), 4-10 View citations (1)
12. A comprehensive revision of the U.S. monetary services (divisia) indexes
    Review, 2011, 93, (Sep), 325-360 View citations (25)
13. Liquidity crises in the small and large
    Economic Synopses, 2011 View citations (1)
14. Monetary policy, bubbles, and goldilocks
    Economic Synopses, 2011

2010

15. Does money matter in inflation forecasting?
    Physica A: Statistical Mechanics and its Applications, 2010, 389, (21), 4793-4808 View citations (12)
    See also Working Paper Does money matter in inflation forecasting?, Working Papers (2009) View citations (4) (2009)
16. Doubling your monetary base and surviving: some international experience
    Review, 2010, 92, (Nov), 481-506 View citations (14)
17. FOMC learning and productivity growth (1985-2003): a reading of the record
    Review, 2010, 92, (Mar), 129-154 View citations (5)
18. Is more QE in sight?
    Economic Synopses, 2010
19. The first U.S. quantitative easing: the 1930s
    Economic Synopses, 2010 View citations (2)

2009

20. Bagehot on the financial crises of 1825...and 2008
    Monetary Trends, 2009, (Feb)
21. Bankers acceptances and unconventional monetary policy: FAQs
    Economic Synopses, 2009
22. Bankers' acceptances: yesterday's instrument to restart today's credit markets?
    Economic Synopses, 2009 View citations (1)
23. Editor's introduction
    Review, 2009, 91, (Jul), 181-186
24. Estimating U.S. output growth with vintage data in a state-space framework
    Review, 2009, 91, (Jul), 349-370
25. Resolving a banking crisis, the Nordic way
    Economic Synopses, 2009 View citations (3)
26. The CPFF is regarded as a hallmark of success among credit-easing policies
    Economic Synopses, 2009
27. The commercial paper market, the Fed, and the 2007-2009 financial crisis
    Review, 2009, 91, (Nov), 589-612 View citations (26)
28. The curious case of the U.S. monetary base
    The Regional Economist, 2009, (Jul), 12-13 View citations (2)
29. The financial services sector: boom and recession
    Economic Synopses, 2009
30. The root of the problems of the British banks is the same as that of American banks: shaky mortgage-backed securities
    Economic Synopses, 2009

2008

31. Energy and the economy
    National Economic Trends, 2008, (Apr)
32. Fueling expected inflation
    Monetary Trends, 2008, (Sep)
33. MEAN–VARIANCE VERSUS FULL‐SCALE OPTIMIZATION: BROAD EVIDENCE FOR THE UK
    Manchester School, 2008, 76, (s1), 134-156 View citations (2)
34. Monetary policy's third interest rate
    Monetary Trends, 2008, (Jul)
35. Paying interest on deposits at Federal Reserve banks
    Economic Synopses, 2008 View citations (4)
36. The role of data/code archives in the future of economic research
    Journal of Economic Methodology, 2008, 15, (1), 99-119 View citations (27)

2007

37. Currency design in the United States and abroad: counterfeit deterrence and visual accessibility
    Review, 2007, 89, (Sep), 371-414 View citations (4)
38. How well do wages follow productivity growth?
    National Economic Trends, 2007, (Mar) View citations (5)
39. The FOMC in 1978
    Monetary Trends, 2007, (Aug)
40. U.S. currency at home and abroad
    Monetary Trends, 2007, (Mar)

2006

41. Inflation's economic cost: how large? how certain?
    The Regional Economist, 2006, (Jul), 4-9
42. Replicability, real-time data, and the science of economic research: FRED, ALFRED, and VDC
    Review, 2006, 88, (Jan), 81-93 View citations (9)
43. The 1990s acceleration in labor productivity: causes and measurement
    Review, 2006, 88, (May), 181-202 View citations (9)
44. The long-run benefits of sustained low inflation
    National Economic Trends, 2006, (Feb)
45. Yield curve inversions and cyclical peaks
    Monetary Trends, 2006, (May)

2005

46. Revisions to user costs for the Federal Reserve Bank of St. Louis monetary services indices
    Review, 2005, 87, (Nov), 735-50 View citations (8)
47. TIPS for social security?
    National Economic Trends, 2005, (Apr)
48. What is driving oil prices?
    The Regional Economist, 2005, (Jan), 10-11
49. Wicksell's natural rate
    Monetary Trends, 2005, (Mar) View citations (2)

2004

50. A neutral federal funds rate?
    Monetary Trends, 2004, (Dec)
51. Perfecting housing finance
    Monetary Trends, 2004, (Nov)
52. The FOMCs considerable period
    Monetary Trends, 2004, (Feb) View citations (1)

2003

53. A case for oil?
    National Economic Trends, 2003, (Jun) View citations (1)
54. A reconstruction of the Federal Reserve Bank of St. Louis adjusted monetary base and reserves
    Review, 2003, 85, (Sep), 39-69 View citations (6)
55. Does uncertainty about oil prices slow down the economy?
    The Regional Economist, 2003, (Oct), 12-13 View citations (2)

2002

56. A vector error-correction forecasting model of the US economy
    Journal of Macroeconomics, 2002, 24, (4), 569-598 View citations (20)
    See also Working Paper A vector error correction forecasting model of the U.S. economy, Working Papers (2001) View citations (8) (2001)
57. Interpreting monetary growth
    Monetary Trends, 2002, (Feb)
58. Reply to the comments on 'A vector error-correction forecasting model of the U.S. economy'
    Journal of Macroeconomics, 2002, 24, (4), 613-614 View citations (7)
59. Retail sweep programs and money demand
    Monetary Trends, 2002, (Nov) View citations (3)

2001

60. Monetary policy and productivity
    Monetary Trends, 2001, (Jan)
61. Retail sweep programs and bank reserves, 1994-1999
    Review, 2001, 83, (Jan), 51-72 View citations (25)
    See also Working Paper Retail sweep programs and bank reserves, 1994--1999, Working Papers (2000) View citations (8) (2000)
62. Whither the New Economy?
    National Economic Trends, 2001, (Sep)

2000

63. Accounting and the economics of the trade deficit
    International Economic Trends, 2000, (Feb)
64. Real output in Switzerland: new estimates for 1914-47
    Review, 2000, 82, (May), 43-70 View citations (5)

1999

65. Eighty years of observations on the adjusted monetary base: 1918-1997
    Review, 1999, (Jan), 3-22 View citations (1)
66. Has expected inflation decreased?
    Monetary Trends, 1999, (Feb)
67. Meeting the Y2K demand for base money
    Monetary Trends, 1999, (Nov)

1998

68. Modeling U.S. Households' Demands for Liquid Wealth in an Era of Financial Change
    Journal of Money, Credit and Banking, 1998, 30, (1), 83-101 View citations (4)
    See also Working Paper Modeling U.S. households' demand for liquid wealth in an era of financial change, Working Papers (1997) View citations (2) (1997)

1997

69. Special report: The monetary services index project of the Federal Reserve Bank of St. Louis: building new monetary services indexes: concepts, data and methods
    Review, 1997, (Jan), 53-82 View citations (2)
70. Special report: The monetary services index project of the Federal Reserve Bank of St. Louis: introduction to the St. Louis monetary services index project
    Review, 1997, (Jan), 25-30 View citations (7)
71. Special report: The monetary services index project of the Federal Reserve Bank of St. Louis: monetary aggregation theory and statistical index numbers
    Review, 1997, (Jan), 31-52 View citations (7)

1996

72. A revised measure of the St. Louis adjusted monetary base
    Review, 1996, 78, (Mar), 3-13 View citations (11)
    See also Working Paper A revised measure of the St. Louis adjusted monetary base, Working Papers (1996) View citations (11) (1996)
73. Measuring the adjusted monetary base in an era of financial change
    Review, 1996, (Nov), 3-37 View citations (8)

1994

74. A historical perspective on the Federal Reserve's monetary aggregates: definition, construction and targeting
    Review, 1994, (Mar), 1-31 View citations (21)
    Also in Proceedings, 1994, (Mar), 1-31 (1994) View citations (18)
75. Money stock measurement: history, theory and implication - introduction
    Proceedings, 1994, (Mar), vii - xi
    Also in Review, 1994, (Mar), vii - xi (1994)
76. Mutual funds and monetary aggregates - introduction
    Proceedings, 1994, (Nov), 3-6
    Also in Review, 1994, (Nov), 3-6 (1994)
77. Replication and scientific standards in applied economics a decade after the Journal of Money, Credit and Banking project
    Review, 1994, (Nov), 79-83 View citations (6)

1993

78. Has the long-run velocity of M2 shifted? Evidence from the P* model
    Economic Review, 1993, 29, (Q I), 14-26 View citations (6)
79. The effect of mortgage refinancing on money demand and the monetary aggregates
    Review, 1993, (Jul), 49-63 View citations (9)

1992

80. The GAUSS Programming System: A Review
    Journal of Applied Econometrics, 1992, 7, (2), 215-19

1988

81. Replication in Empirical Economics: The Journal of Money, Credit and Banking Project: Reply
    American Economic Review, 1988, 78, (5), 1162-63 View citations (13)

1986

82. Confidence Intervals for Elasticity Estimators in Translog Models
    The Review of Economics and Statistics, 1986, 68, (4), 647-56 View citations (49)
83. Replication in Empirical Economics: The Journal of Money, Credit and Banking Project
    American Economic Review, 1986, 76, (4), 587-603 View citations (188)

1983

84. A new look at the relationship between time-series and structural econometric models
    Journal of Econometrics, 1983, 23, (2), 235-251

1982

85. What Do Money Market Models Tell Us about How to Implement Monetary Policy?
    Journal of Money, Credit and Banking, 1982, 14, (4), 796-828 View citations (9)

1980

86. The Treatment of Intermediate Materialsin the Estimation of the Demand for Energy: The Case of U.S. Manufacturing, 1947-1971
    The Energy Journal, 1980, Volume 1, (Number 4), 75-94