George Washington University Professor Richard Green has another suggestion for addressing the market distortions generated by Freddie Mac and Fannie Mae that I mentioned in my comments at Jackson Hole.
Author Archives: James_Hamilton
The Taylor Rule and the housing boom
Stanford Professor John Taylor presented another very interesting paper at the Jackson Fed conference.
Comments on Housing and the Monetary Transmission Mechanism
Here are the comments that I delivered this morning at the Fed Jackson Hole conference.
Bernanke and Gramlich on the subprime issue
Also featured yesterday at the Federal Reserve conference in Jackson Hole were speeches by Fed Chair Ben Bernanke and former Fed Governor Edward Gramlich.
Report from Jackson Hole
Here are some brief impressions about this morning’s papers at the Federal Reserve conference.
Update on the fed funds market
As noted by Calculated Risk and William Polley, the last few days we’ve seen the return of slightly more normal behavior in the overnight market for fed funds.
Solutions to the mortgage problem
Quick links to a few of the suggestions out there on what to do about pending mortgage defaults.
San Diego plans for the future
With all the excitement over the last few weeks, I never had a chance to mention this remarkable account of the long-run vision of San Diego’s City Council.
Latest economic indicators
New home sales picked up in July, and new orders for durable and capital goods grew strongly. But that was then and this is now.
Whee!
Who knew holding short-term Treasuries could be so exciting?