William T. Gavin

Federal Reserve Bank of St. Louis - Research Division

Economist Emeritus

441 Locust Street

P. O. Box 442

St. Louis, MO 63166

United States

http://www.gavinecon.com

University of Memphis Department of Economics

Adjunct Professor

Memphis, TN 38152

United States

  • Federal Reserve Bank of St. Louis - Research Division

    • Email
    • Tel: 314 873-8422

  • University of Memphis Department of Economics

SCHOLARLY PAPERS

20

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1,996

SSRN CITATIONS
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32

CROSSREF CITATIONS

10

Scholarly Papers (20)

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1.

Gold, Fiat Money and Price Stability

Downloads 449 (112,167)
Citation 7

Gold, Fiat Money and Price Stability

FRB of St. Louis Working Paper No. 2003-014D
Number of pages: 31 Posted: 20 Apr 2006
Michael D. Bordo, Robert Dittmar and William T. Gavin
Rutgers University, New Brunswick - Department of Economics, Citigroup, Inc. - CitiMortgage and Federal Reserve Bank of St. Louis - Research Division
Downloads 358 (144,177)
Citation 4

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Gold standard, compensated dollar, inflation targeting

Gold, Fiat Money, and Price Stability

NBER Working Paper No. w10171
Number of pages: 42 Posted: 20 Dec 2003 Last Revised: 17 Oct 2022
Michael D. Bordo, Robert Dittmar and William T. Gavin
Rutgers University, New Brunswick - Department of Economics, Citigroup, Inc. - CitiMortgage and Federal Reserve Bank of St. Louis - Research Division
Downloads 91 (485,191)
Citation 3

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2.

Inflation Targeting: Why it Works and How to Make it Work Better

FRB of St. Louis Working Paper No. 2003-027B
Number of pages: 23 Posted: 07 Oct 2003
William T. Gavin
Federal Reserve Bank of St. Louis - Research Division
Downloads 351 (148,373)

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Price path targeting, inflation targeting

3.

Forecasting Inflation and Output: Comparing Data-Rich Models With Simple Rules

FRB of St. Louis Working Paper No. 2006-054B
Number of pages: 34 Posted: 28 Sep 2006
William T. Gavin and Kevin L. Kliesen
Federal Reserve Bank of St. Louis - Research Division and Federal Reserve Bank of St. Louis - Research Division
Downloads 167 (305,271)
Citation 2

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Dynamic Factor Model, Forecast Evaluation, Inflation, Real Economic Activity

4.

Monetary Policy, Taxes, and the Business Cycle

FRB of St. Louis Working Paper No. 2004-017B
Number of pages: 44 Posted: 29 Jul 2005
William T. Gavin, Finn Kydland and Michael R. Pakko
Federal Reserve Bank of St. Louis - Research Division, Carnegie Mellon University - David A. Tepper School of Business and Arkansas Economic Development Institute
Downloads 133 (367,335)
Citation 2

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Inflation, taxation, business cycle

5.

Inflation Risk and Optimal Monetary Policy

FRB of St. Louis Working Paper No. 2006-035C
Number of pages: 30 Posted: 23 May 2006
William T. Gavin, Benjamin D. Keen and Michael R. Pakko
Federal Reserve Bank of St. Louis - Research Division, University of Oklahoma - Department of Economics and Arkansas Economic Development Institute
Downloads 120 (396,893)

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Optimal Monetary Policy, Nominal Rigidities, Inflation Risk

6.

Inflation-Targeting, Price-Path Targeting and Indeterminacy

FRB of St. Louis Working Paper No. 2004-007B
Number of pages: 12 Posted: 29 Jul 2005
Robert Dittmar and William T. Gavin
Citigroup, Inc. - CitiMortgage and Federal Reserve Bank of St. Louis - Research Division
Downloads 106 (434,258)
Citation 1

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Inflation targeting, price-path targeting, indeterminacy

7.

Monetary Policy Regimes and the Real Interest Rate

Number of pages: 20 Posted: 13 Jun 2018 Last Revised: 20 Mar 2020
William T. Gavin
Federal Reserve Bank of St. Louis - Research Division
Downloads 97 (461,671)
Citation 1

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8.

Recent Developments in Monetary Macroeconomics and U.S. Dollar Policy

FRB St. Louis Working Paper No. 2005-062C
Number of pages: 15 Posted: 08 Nov 2005
William T. Gavin
Federal Reserve Bank of St. Louis - Research Division
Downloads 92 (477,809)

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Monetary Policy, Dollar Policy, Inflation Targeting

9.

The Monetary Instrument Matters

FRB of St. Louis Working Paper No. 2004-026B
Number of pages: 37 Posted: 29 Jul 2005
William T. Gavin, Benjamin D. Keen and Michael R. Pakko
Federal Reserve Bank of St. Louis - Research Division, University of Oklahoma - Department of Economics and Arkansas Economic Development Institute
Downloads 90 (484,337)
Citation 1

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Monetary policy rules, sticky prices, flexible prices

10.

Taylor-Type Rules and Permanent Shifts in Productivity Growth

Federal Reserve Bank of St. Louis Working Paper No. 2009-049A
Number of pages: 29 Posted: 01 Oct 2009
William T. Gavin, Benjamin D. Keen and Michael R. Pakko
Federal Reserve Bank of St. Louis - Research Division, University of Oklahoma - Department of Economics and Arkansas Economic Development Institute
Downloads 63 (592,640)

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Inflation Dynamics, Permanent Productivity Shocks, Nominal Interest Rate Rules

11.

Using Extraneous Information to Analyze Monetary Policy in Transition Economies

FRB of St. Louis Working Paper No. 2004-034B
Number of pages: 30 Posted: 29 Jul 2005
William T. Gavin and David Kemme
Federal Reserve Bank of St. Louis - Research Division and University of Memphis - Economics
Downloads 61 (602,365)

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Transition economy, monetary transmission mechanisms, structural VAR, mixed estimation, macroeconomic forecasting

12.

Monetary Policy, the Tax Code, and the Real Effects of Energy Shocks

FRB of St. Louis Working Paper No. 2013-019B
Number of pages: 27 Posted: 31 May 2013 Last Revised: 19 Jul 2015
William T. Gavin, Benjamin D. Keen and Finn Kydland
Federal Reserve Bank of St. Louis - Research Division, University of Oklahoma - Department of Economics and Carnegie Mellon University - David A. Tepper School of Business
Downloads 53 (644,146)

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Inflation, Realized Capital Gains, Tax Code, Energy Shocks

13.

The Zero Lower Bound, the Dual Mandate, and Unconventional Dynamics

Journal of Economic Dynamics and Control, Vol. 55, 2015
Number of pages: 36 Posted: 16 Feb 2013 Last Revised: 29 Jun 2015
William T. Gavin, Benjamin D. Keen, Alexander W. Richter and Nathaniel A. Throckmorton
Federal Reserve Bank of St. Louis - Research Division, University of Oklahoma - Department of Economics, Federal Reserve Bank of Dallas and William & Mary
Downloads 52 (649,711)
Citation 13

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Monetary Policy; Zero Lower Bound; Nonlinear Solution Method; Capital

14.

U.S. Monetary Policy: A View from Macro Theory

FRB of St. Louis Working Paper No. 2012-019A
Number of pages: 20 Posted: 07 Jul 2012 Last Revised: 15 Aug 2012
Benjamin D. Keen and William T. Gavin
University of Oklahoma - Department of Economics and Federal Reserve Bank of St. Louis - Research Division
Downloads 42 (710,110)

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DSGE, Monetary Policy, Output Stabilization, Zero Lower Bound

15.

Endogenous Money Supply and the Business Cycle

FRB of Cleveland Working Paper No. 9605
Number of pages: 32 Posted: 17 Jan 2015
William T. Gavin and Finn Kydland
Federal Reserve Bank of St. Louis - Research Division and Carnegie Mellon University - David A. Tepper School of Business
Downloads 41 (716,904)
Citation 12

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16.

The Zero Lower Bound and the Dual Mandate

FRB of St. Louis Working Paper No. 2012-026A
Number of pages: 24 Posted: 14 Aug 2012
William T. Gavin and Benjamin D. Keen
Federal Reserve Bank of St. Louis - Research Division and University of Oklahoma - Department of Economics
Downloads 40 (723,640)
Citation 1

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Zero Lower Bound, Taylor-Type Rules, Dual Mandate

17.

Three Scenarios for Interest Rates in the Transition to Normalcy

Review, Vol. 97, Issue 1, pp. 1-24, 2015
Number of pages: 24 Posted: 19 Aug 2015
Diana Cooke and William T. Gavin
Federal Reserve Banks - Federal Reserve Bank of St. Louis and Federal Reserve Bank of St. Louis - Research Division
Downloads 39 (730,553)

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18.

The Stimulative Effect of Forward Guidance

FRB St. Louis Working Paper No. 2013-38
Posted: 26 Dec 2013
William T. Gavin, Benjamin D. Keen, Alexander W. Richter and Nathaniel A. Throckmorton
Federal Reserve Bank of St. Louis - Research Division, affiliation not provided to SSRN, Federal Reserve Bank of Dallas and William & Mary

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Monetary Policy, Forward Guidance, Zero Lower Bound, Global Solution Method

19.

Inflation Persistence and Flexible Prices

FRB of St. Louis Working Paper No. 2001-010D
Posted: 10 Nov 2003
Robert Dittmar, William T. Gavin and Finn Kydland
Citigroup, Inc. - CitiMortgage, Federal Reserve Bank of St. Louis - Research Division and Carnegie Mellon University - David A. Tepper School of Business

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Inflation Persistence, Flexible Prices, Taylor Rule

20.

Comments on Brada, King and Kutan

Posted: 07 Jul 2002
William T. Gavin
Federal Reserve Bank of St. Louis - Research Division

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