CEBRA’s 2020 Annual Meeting at LSE & Bank of England 

This session was organized by Federal Reserve Bank St. Louis 

Parallel Session 3: Monetary Policy, Frameworks and Communication, Session 18: Empirical Research on the Conduct of Monetary Policy

Chair: Michael Owyang and David Wheelock (both FRB St. Louis)


“(Hawks versus Doves) versus (Rules versus Discretion)” Klodiana Istrefi (Banque de France) joint with Alex Nikolsko-Rzhevskyy, David H. Papell and Ruxandra Prodan

“Revisiting the Fed’s Forecast Advantage” Michael Owyang (FRB St. Jouis) joint with Michael McCracken and Amy Guisinger

“Measuring the Effect of Federal Reserve Forward Guidance and Asset Purchases on Financial Markets” Eric Swanson (University of California, Irvine)

“A Composite Index for Evaluating the Stance of Monetary Policy” Laura E. Jackson (FRB St. Louis) joint with David Wheelock and Michael T. Owyang