Abstract

In this address, I first describe the hallmarks of the Greenspan Fed and the advantages of this strategy that have produced such favorable economic outcomes. Then I look at how well the Fed minght do after Greenspan and what challenges it might face. This discussion then leads naturally to suggestions for how the Fed should operate in the future to continue the excellent performance it has achived under Alan Greenspan.

Download PDF

Citation

Mishkin, Frederic. "The Fed After Greenspan." Presidential address at the Eastern Economic Association meetings, New York, March 4, 2005.

Each author name for a Columbia Business School faculty member is linked to a faculty research page, which lists additional publications by that faculty member.

Each topic is linked to an index of publications on that topic.