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Textbook Site for:
Economics , Sixth Edition
William Boyes, Arizona State University
Michael Melvin, Arizona State University
Web Links
Chapter 15: Macroeconomic Policy: Tradeoffs, Expectations, Credibility, and Sources of Business Cycles


A Federal Reserve View on Credibility in Monetary Policy and Bank Supervision (by Jack Guynn)
A discussion by the President of the Atlanta Fed on the need for credibility in monetary policy. While the discussion is focues primarily on the problems of central banking in Latin American countries, the same issues appear in the U.S. as well.

FAIRMODEL
FAIRMODEL contains a simultaneous equations model of the U.S. macroeconomy consisting of 131 equations and a separate multicountry model consisting of 328 equations. Visitors to this page are able to use this model to construct forecasts, simulate the results from alternative policies, and graph the results. Data and forecasts can also be downloaded from this page

The Livingston Survey
This page contains the results from a survey of economists' expectations about output, unemployment, and inflation. The survey was begun by Joseph A. Livingston in 1946 and has been conducted by the Philadelphia Fed since 1990.

Macroeconomic Data Sites
This page contains links to a wide variety of online sources of current and historical macroeconomic data.

Survey of Professional Forecasters
A quarterly survey of macroeconomic forecasts begun in 1968 by the American Statistical Association and the National Bureau of Economic Research. Since 1990, it has been conducted by the Philadelphia Fed.



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