Paul Evans's research while affiliated with The Ohio State University and other places

Publication (1)

Article
In October 1979, the Federal Reserve began a policy of disinflation and also stopped stabilizing interest rates. Subsequently, interest rates became much more volatile. Using a methodology advanced by Barro, this paper estimates what this change in policy did to output in the United States. The paper finds that the stagnation of the U.S. economy si...

Citations

... The appendix briefly reviews the theoretical background. The equation of exchange and velocity of money has motivated many empirical studies and estimation procedures (Evans 1984;Jung 2017;Hamilton 1989;Heller and Khan 1979;McGibany and Nourzad 1985;McMillin 1991). ...