September 04, 2012 at 16:18 PM EDT
Thoughts on the Michael Woodford Paper….
Unless you’ve been sleeping under a rock for the past few days you’ve likely heard about Michael Woodford’s presentation at Jackson Hole. The paper he presented (see here) is an expansive review of current Fed policy and potential policy options. Like all of Professor Woodford’s work, it’s quite excellent in its det...
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