Implications of the Federal Reserve's actions for healthcare borrowers.

Has the Federal Reserve's Inflation Target Changed?

We confront a variety of medium-scale regime-switching DSGE models against U.S. macroeconomic time series data. Our goal is to employ a uni ed Bayesian framework for these models to test empirical evidence of regime changes in the Federal Reserve's in ation target in the post-war period when heteroscedastic shock disturbances are properly taken into account.

Some General Features of the Federal Reserve's Approach to Policy

The Many Meanings of Evidence: Implications for the Translational Science Agenda in Healthcare

Health systems across the world are concerned with the quality and safety of patient care. This includes investing in research and development to progress advances in the treatment and management of individuals and healthcare organisations. The concept of evidence- based healthcare has gained increasing currency over the last two decades; yet questions persist about the time it takes for new re...

Optimal Employment of Scale Economies in the Federal Reserve's Currency Infrastructure

This paper investigates whether the Federal Reserve might lower its currency processing costs by reallocating high-speed currency sorting volume among its processing sites. Although scale economy estimates from Bauer, Bohn, and Hancock (1998) suggests that consolidation might permit some processing cost savings, it can be very expensive to ship currency due to security and insurance requirement...

From Knowing to Doing—From the Academy to Practice; Comment on “The Many Meanings of Evidence: Implications for the Translational Science Agenda in Healthcare”

In this commentary, the idea of closing the gap between knowing and doing through closing the gap between academics and practitioners is explored. The two communities approach to knowledge production and use, has predominated within healthcare, resulting in a separation between the worlds of research and practice, and, therefore, between its producers and users. Meaningful collaborations betwee...