Contributions
Optimal Monetary Policy and the Correlation between Prices and Output
James Peery Cover and Paul Pecorino
Are Banking Supervisory Data Useful for Macroeconomic Forecasts?
Ron J. Feldman, Jan Kim, Preston J. Miller, and Jason E. Schmidt
An Analytical Approach to the Welfare Cost of Business Cycles and the Benefit from Activist Monetary Policy
Michael T. Kiley
Interpreting the Significance of the Lagged Interest Rate in Estimated Monetary Policy Rules
William B. English, William R. Nelson, and Brian P. Sack
Idle Capital and Long-Run Productivity
Carl-Johan Dalgaard
Parente and Prescott's Theory May Work in Practice But Does Not Work in Theory
Guido Cozzi and Luis-Felipe Palacios
Explaining Movements in the Labor Share
Samuel Bentolila and Gilles Saint-Paul
Endogenous Growth with Intertemporally Dependent Preferences
Giuseppe Ferraguto and Patrizio Pagano
On the Friedman Rule in Search Models with Divisible Money
Aleksander Berentsen and Guillaume Rocheteau
Finance Causes Growth: Can We Be So Sure?
Mark J. Manning