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Press Releases


Research Notes–August 2009


Featuring research published in July 2009

Speeches

On the Economic Outlook and the Commitment to Price Stability
July 20, 2009
Dennis P. Lockhart, president and chief executive officer of the Federal Reserve Bank of Atlanta, comments on the economic outlook and growing concerns about inflation to the Rotary Club of Nashville in Nashville, Tenn.

Macroeconomics

Business Cycle Implications of Internal Consumption Habit for New Keynesian Models
Working Paper 2009-16
Studying the implications of internal consumption habit for propagation and monetary transmission, the authors find that the model fit is vulnerable to several factors, including the choice of monetary policy rule.

The Peak Oil Debate
Economic Review
Has the world’s oil output peaked, or will it peak soon? The author helps clarify this heated debate by providing definitions of frequently used (and misused) terms and discussing how technology, government policies, and prices influence oil production.

Podcasts

On the Economic Outlook and the Commitment to Price Stability (MP3 23:07)
Speeches
Dennis P. Lockhart, president and chief executive officer of the Federal Reserve Bank of Atlanta, comments on the economic outlook and growing concerns about inflation to the Rotary Club of Nashville in Nashville, Tenn.