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2019 / No. 3
Posted 2019-01-15

Is the Fed Following a “Modernized” Version of the Taylor Rule? Part 2

by Kevin L. Kliesen

The past period’s policy rate is extraordinarily important for setting the current period’s policy rate in the modernized Taylor rule.

2019 / No. 2
Posted 2019-01-15

Is the Fed Following a “Modernized” Version of the Taylor Rule? Part 1

by Kevin L. Kliesen

The Taylor rule indicates the current federal funds target rate should be higher.

2019 / No. 1
Posted 2019-01-11

Whither the Price of Bitcoin?

by David Andolfatto and Andrew Spewak

The total value of Bitcoin has declined as a share of all cryptocurrencies.


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