Barbara McKiernan
Biographic Data
| ID | 5848239 |
|---|---|
| NAME | Barbara McKiernan |
| GIVEN NAMES | Barbara |
| FAMILY NAME | McKiernan |
| SIGNATURE | MCKIERNAN B |
| AFFILIATIONS | Ohio University |
| VERIFIED | No |
| TOTAL WORKS | 2 |
| TOTAL CITATIONS | 2 |
| AUTHOR COUNT | 2 |
| EDITOR COUNT | 0 |
| FIRST PUBLICATION YEAR | 1996 |
| LATEST PUBLICATION YEAR | 1998 |
| H-INDEX | 1 |
Interest Rate Uncertainty and the Founding of the Federal Reserve
This article examines the impact of what is undoubtedly the most important monetary regime change in U.S. history: the founding of the Federal Reserve System. We find, using a (G)ARCH model, a significant reduction in interest rate uncertainty following the founding of the Fed. Additionally, we show that the passage of the Aldrich-Vreeland Act in 1908, another significant change in policy, also led to a reduction in interest rate uncertainty. The…
The Relationship Between Output Variability and Growth
A bstract The paper investigates the relationship between output variability and economic growth using a GARCH‐M model with industrial production in post‐war Great Britain. The data reveals a positive relationship between variability and growth rates
Interest Rate Uncertainty and the Founding of the Federal Reserve
This article examines the impact of what is undoubtedly the most important monetary regime change in U.S. history: the founding of the Federal Reserve System. We find, using a (G)ARCH model, a significant reduction in interest rate uncertainty following the founding of the Fed. Additionally, we show that the passage of the Aldrich-Vreeland Act in 1908, another significant change in policy, also led to a reduction in interest rate uncertainty. The…
The Relationship Between Output Variability and Growth
A bstract The paper investigates the relationship between output variability and economic growth using a GARCH‐M model with industrial production in post‐war Great Britain. The data reveals a positive relationship between variability and growth rates
The Relationship Between Output Variability and Growth
A bstract The paper investigates the relationship between output variability and economic growth using a GARCH‐M model with industrial production in post‐war Great Britain. The data reveals a positive relationship between variability and growth rates
Interest Rate Uncertainty and the Founding of the Federal Reserve
This article examines the impact of what is undoubtedly the most important monetary regime change in U.S. history: the founding of the Federal Reserve System. We find, using a (G)ARCH model, a significant reduction in interest rate uncertainty following the founding of the Fed. Additionally, we show that the passage of the Aldrich-Vreeland Act in 1908, another significant change in policy, also led to a reduction in interest rate uncertainty. The…
Economics (2 works) · Market Dynamics and Volatility (2 works) · Monetary Policy and Economic Impact (2 works) · Central bank (1 work) · Econometrics (1 work) · Economic Growth and Productivity (1 work) · Economic theories and models (1 work) · Financial economics (1 work) · Industrial production (1 work) · Interest rate (1 work)