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Alternative Views of the Monetary Transmission Mechanism: What Difference Do They Make for Monetary Policy?
Monetary Transmission Mechanism Monetary Policy
2015/8/4
Alternative Views of the Monetary Transmission Mechanism: What Difference Do They Make for Monetary Policy?
Comments on ‘Three Lessons for Monetary Policy in a Low Inflation Era’ by David Reifschneider and John Williams,’
Three Lessons Monetary Policy
2015/8/4
This paper by David Reifschneider and John Williams is a useful and innovative
analysis of monetary policy problems caused by the lower bound of zero on the nominal
interest rate. The authors provid...
For a country that chooses not to "permanently"
fix its exchange rate through a currency
board, or a common currency, or some kind of
dollarization, the only alternative monetary policy
that can w...
Monetary Policy Modeling: Where Are We and Where Should We Be Going
Monetary Policy Modeling
2015/8/3
Monetary Policy Modeling: Where Are We and Where Should We Be Going.
Commentary: Understanding the Greenspan Standard.
The International Implications of October 1979: Toward a Long Boom on a Global Scale
Boom Global Scale
2015/8/3
I am pleased and honored to be here to share
my thoughts on the momentous event that
occurred on October 6, 1979, and I thank
Bill Poole, Bob Rasche, and Dan Thornton
for being such gracious hosts...
Commentary on ‘The Rise of Off-Shoring’: It’s Not Wine or Cloth Anymore” by G. Grossman and E. Rossi-Hansberg
The Rise of Off-Shoring Cloth Anymore
2015/8/3
Commentary on ‘The Rise of Off-Shoring’: It’s Not Wine or Cloth Anymore” by G. Grossman and E. Rossi-Hansberg.
The purpose of this note is to provide some background for a discussion of the monetary
policy implications of globalization. By globalization I simply mean the increased mobility and
interdependenc...
The Policy Support Instrument: A Key Component of the Recent IMF Reform Movement
Policy Support Instrument Recent IMF Reform Movement
2015/8/3
The Policy Support Instrument: A Key Component of the Recent IMF Reform Movement.
The Dual Nature of Forecast Targeting and Instrument Rules: A Comment on Michael Woodford’s ‘Forecast Targeting as a Monetary Policy Strategy: Policy Rules in Practice,’
Forecast Targeting Instrument Rules
2015/8/3
I thank Michael Woodford for writing such a thoughtful and useful paper on
monetary policy. It is filled with fascinating ideas and insights, each carefully explained.
As befits this final “Looking ...
Should the G-20 Reconsider the Decision to Treble IMF Recourses?
Treble IMF Recourses Decision
2015/8/3
At their last meeting on April 2, 2009, in
London, the leaders of the G-20 nations
agreed “to treble the resources available to
the International Monetary Fund (IMF) to
$750 billion.” Their purpos...
非常感谢中国人民大学的邀请。首先，请允许我对研讨会和论坛的召开表示热烈的祝贺！刚才，陈雨露校长介绍了举办这次研讨会和论坛的考虑。毫无疑问，构建开放型世界经济，完善全球治理，进一步提高G20在世界经济中的引领协调作用，是当今世界面临的重要课题。中国人民大学通过这次活动，再次展示了战略眼光和国际视野。我相信，同我一样，所有的与会者都期待着从今天的思想碰撞中看到火花，受到启迪。
2015年7月17日，驻泰国大使宁赋魁出席在曼谷举办的“人民币时代来临—如何巧妙利用人民币结算”的研讨会并发表主旨演讲。泰盘谷银行董事总裁陈智深，中泰两国商界、学界、媒体200多人出席。宁赋魁大使使表示，2015年正值中泰建交40周年，过去的40年，中泰两国经贸关系发展的亮点是贸易。近年来，中泰经贸关系进入提质升级、转型增效的“新阶段”，一是中泰投资正在快速增长，从2005年至今，中国对泰投资年均...
“人民币、特别提款权与国际货币体系改革”研讨会在中国人民大学召开
人民币 特别提款权 国际货币 研讨会
2015/6/2
2015年5月22日，由中国人民大学国际货币研究所（IMI）、货币金融机构官方论坛（OMFIF）及中国银行国际金融研究所联合主办的“人民币、SDR与国际货币体系改革”研讨会召开。
