\"Optimal Monetary Policy for the Masses: a presentation at the Center for Research on the Wisconsin Economy, University of Wisconsin-Madison, Madison, Wis

James Bullard and Riccardo DiCecio

No 331, Speech from Federal Reserve Bank of St. Louis

Abstract: In a presentation at the University of Wisconsin-Madison, St. Louis Fed President James Bullard highlighted his recent working paper, which examines whether monetary policy can be conducted in a way that benefits all households even in a world with substantial income, financial wealth and consumption inequality. In the paper, nominal GDP targeting constitutes ?optimal monetary policy for the masses,? he said.

Pages: 39 pages
Date: 2019-03-28
New Economics Papers: this item is included in nep-dge and nep-mac
Note: Related presentations and working paper, titled Optimal Monetary Policy for the Masses.
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.stlouisfed.org/~/media/files/pdfs/bull ... sses_28_mar_2019.pdf Full text (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:fip:fedlps:331

Ordering information: This working paper can be ordered from

Access Statistics for this paper

More papers in Speech from Federal Reserve Bank of St. Louis Contact information at EDIRC.
Bibliographic data for series maintained by Scott St. Louis ().