Introductory remarks to the Price Measurement for Monetary Policy Conference
Richard W. Fisher
No 45, Speeches and Essays from Federal Reserve Bank of Dallas
Abstract:
Remarks given to a conference organized by the Federal Reserve Banks of Dallas and Cleveland,> Dallas, Texas, May 24, 2007 ; \"One of our main criticisms here at the Dallas Fed of much of the core inflation literature is that it lacks theoretical coherence. It reminds me of the time-honored saying that an economist is someone who sees something work in practice and then wonders if it can work in theory.\"
Keywords: Inflation (Finance); Price indexes; Monetary policy; Forecasting (search for similar items in EconPapers)
Date: 2007
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