Inflation targeting has been a cornerstone of the Federal Reserve’s monetary policy for several years. The Federal Reserve’s desire to minimize financial stress while managing disinflation is the ...
As climate change intensifies, the frequency and severity of climate-induced disasters are expected to escalate. We develop a New Keynesian Dynamic Stochastic General Equilibrium model to analyze the ...
Mid-level to senior officials who use Dynamic Stochastic General Equilibrium (DSGE) models in the macroeconomic analysis of monetary and fiscal policy issues. Participants are expected to have an ...