3761. Recursions for the Moments of Some Continuous Distributions
Dave Giles discusses recursion formulas for calculating moments of various continuous distributions relevant to econometrics, building on concepts from his previous post.
3762. Is the Fed's Floor System Beginning to Fold?
David Beckworth discusses the potential collapse of the Fed's floor operating system into a corridor system due to shifts in reserve demand and interest rates.
3763. Recursions for the Moments of Some Discrete Distributions
Dave Giles discusses the significance of moments in probability distributions, their definitions, and their applications in statistical analysis and testing for normality.
3764. Is Low Inflation Really a Mystery?
David Beckworth argues that the Fed's persistent low inflation is a deliberate policy choice rather than a mystery, reflecting its true inflation targets.
3765. A Permutation Test Regression Example
Dave Giles explains how to conduct a permutation test using a simple regression model to analyze the relationship between variables in econometrics.
3766. The FOMC Decision: A NGDP Perspective
David Beckworth analyzes the recent FOMC decision on interest rates through the lens of Nominal GDP, arguing it reflects the current stance of monetary policy.
3767. Should Congress Use The Income Tax To Discourage Consumer Drug Ads?
The author critiques Senator Jeanne Shaheen's bill aimed at discouraging drug ads through tax code changes, arguing it's a blunt approach to a complex issue.
3768. Should Congress Use The Income Tax To Discourage Consumer Drug Ads?
Donald critiques Senator Shaheen's proposal to limit tax deductions for drug ads, arguing it is a blunt approach that fails to address the complexities of advertising's impact.
3769. Oh, the Horror of a Corridor!
David Beckworth discusses the Federal Reserve's debate over monetary policy frameworks, comparing the floor and corridor operating systems and their implications for interest rate volatility.
3770. A Risk Sharing View of Monetary Policy
David Beckworth discusses the benefits of targeting nominal GDP for enhancing financial stability and risk sharing in monetary policy.
3771. How Close is the Fed to a Corridor System?
David Beckworth discusses the Federal Reserve's potential transition to a corridor system and the factors influencing reserve supply and demand.
3772. Designing Carbon Dividends
The author discusses carbon dividends, exploring their philosophical, political, and practical implications while proposing a hybrid model for implementation.
3773. Designing Carbon Dividends
Donald discusses the complexities of designing carbon dividends, balancing philosophical views, political concerns, and practical implementation in climate policy.
3774. A New Paper on the Fed's Floor System
David Beckworth analyzes the Fed's transition to a floor system, its implications for bank portfolios, and offers policy recommendations based on his findings.
3775. "Et tu, John Williams?"
David Beckworth discusses the Federal Reserve's shift away from the r-star metric for monetary policy, highlighting John Williams' recent comments on its diminishing significance.
3776. FOMC Preview: "We Have the Nerve to Invert the Curve"
David Beckworth discusses the Federal Open Market Committee's potential interest rate hikes despite concerns about an inverted yield curve signaling a recession.
3777. Three Things You Should Know about the Buyback Furor
The post discusses the impact of the Tax Cuts and Jobs Act on stock buybacks, clarifying misconceptions and explaining the dynamics of share repurchases and their effects on stock prices.
3778. Three Things You Should Know about the Buyback Furor
An argument that stock buybacks, influenced by tax reforms, are complex and do not necessarily lead to increased stock prices due to various economic factors.
3779. How Should Tax Reform Treat Employee Stock and Options?
An argument that tax reform should maintain equitable treatment of employee stock and options, addressing concerns about deductions, liquidity issues, and the implications of incentive stock options.
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