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Discussion of 'Debt and Incomplete Financial Markets' by Kevin
Sheedy
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March 21, 2014
St. Louis Fed President James Bullard discussed the paper
"Debt and Incomplete Financial Markets: A Case for
Nominal GDP Targeting," by Kevin Sheedy at the Spring
2014 Brookings Panel on Economic Activity.
Presentation (pdf)
Related News Articles:
Bullard Calls Yellen's 6-Months Comment in Line With
Surveys, by Jeff Kearns, Bloomberg.
Fed's Bullard: Yellen 'Six Months' Comment Was Just
Echoing Prevailing Market Expectations, by Pedro
Nicolaci da Costa, Dow Jones.
Fed's Bullard: Risks With Incorrect Estimate Of LongRun GDP, by Brai Odion-Esene, Market News
International.
Fed's Bullard: Yellen 6-Month Estimate No Different
vs Market View, by Brai Odion-Esene, Market News
International.
Yellen likely meant to re ect market's rate hike
expectations - Fed o cial, by Jason Lange, Reuters.
Fed's Bullard says nominal GDP-targeting has
challenges, by Jason Lange, Reuters.
Inside Fed Statement Lurks Hint on Rates, by Jon
Hilsenrath, The Wall Street Journal.

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