Gordon H. Sellon Jr.
Senior Vice President and Director of Research
Research Department
Federal Reserve Bank of Kansas City
1 Memorial Drive
Kansas City, MO 64198
Email:
gordon.h.sellon@kc.frb.org

Biography

Economic Review articles

Publications in journals and books

 

 

 

Gordon H. Sellon Jr. is currently Senior Vice President and Director of Research at the Federal Reserve Bank of Kansas City. At the Bank, he is engaged in research on various topics relating to monetary policy, financial markets and institutions, and payments systems and has written articles both for economics journals and for the Bank's Economic Review. A native of Massachusetts, he received his bachelor's degree from Harvard University, and master's and doctorate in economics from the University of Michigan. Before joining the Bank, Gordon taught economics at the University of Kansas. He also served as a visiting associate professor of economics at the University of Michigan.

Publications in professional journals and books

"The Effect of Monetary Policy Actions on Exchange Rates under Interest-Rate Targeting," with Catherine Bonser-Neal and V. Vance Roley, Journal of International Money and Finance, October 2000, pp. 601-632.

"Monetary Policy Actions, Intervention, and Exchange Rates: a Re-Examination of the Empirical Relationships Using Federal Funds Rate Target Data," with Catherine Bonser-Neal and V. Vance Roley, Journal of Business, April 1998, pp. 147-78.

"Analyzing Labor Supply without Considering Income from Assets," with David J. Faurot, Review of Economics and Statistics, vol. 63, no. 3, August 1981, pp. 458-462.

"On the Consistent Specification of Asset Markets in Macroeconomic Models," with Thomas S. McCaleb, Journal of Monetary Economics, July 1980, pp. 401-418.

Federal Reserve Bank of Kansas City Economic Review articles

"Longer-Term Perspective on the Yield Curve and Monetary Policy," with Sharon Kozicki, Fourth Quarter 2005.  (Summary | Article PDF 213)

"Expectations and the Monetary Policy Transmission Mechanism," Fourth Quarter 2004.  (Summary | Article PDF 271)

"Monetary Policy and the Zero Bound: Policy Options When Short-Term Rates Reach Zero," Fourth Quarter 2003.  (Summary | Article PDF 276)

"The Changing U.S. Financial System: Some Implications for the Monetary Transmission Mechanism," First Quarter 2002.  (Summary | Article PDF 202)

"The Discount Window: Time for Reform?," with Craig S. Hakkio, Second Quarter 2000.  (Summary | Article PDF 227)

"Monetary Policy Without Reserve Requirements: Case Studies and Options for the United States," with Stuart E. Weiner, Second Quarter 1997.  (Summary | Article PDF 575)

"Monetary Policy Without Reserve Requirements: Analytical Issues," with Stuart E. Weiner, Fourth Quarter 1996.  (Summary | Article PDF 378)

"Monetary Policy Actions and Long-term Interest Rates," with V. Vance Roley, Fourth Quarter 1995.  (Summary | Article PDF 143)

"Bank Lending and Monetary Policy: Evidence on a Credit Channel," with Charles S. Morris, Second Quarter 1995.  (Summary | Article PDF 123)

"Is the Debit Card Revolution Finally Here?" with John P. Caskey, Fourth Quarter 1994.  (Full Publication PDF 256)

"Implications for Monetary Policy: A Summary of the Bank's 1993 Symposium," Fourth Quarter 1993.  (Full Publication PDF 154)

"Changes in Financial Intermediation: The Role of Pension and Mutual Funds," Third Quarter 1992.  (Full Publication PDF 239)

"Market Value Accounting for Banks: Pros and Cons," with Charles S. Morris, March/April 1991.  (Full Publication PDF 136)

"Summary of the Bank's 1990 Economic Symposium," Third Quarter 1990.  (Full Publication PDF 315)

"The Role of Government in Promoting Homeownership: The U.S. Experience," Third Quarter 1990.  (Full Publication PDF 80)

"Daylight Overdrafts, Payment System Risk, and Public Policy," with David van Hoose, September/October 1989.

"Has Financial Market Volatility Increased?" with Sean Becketti, June 1989.

"The Securitization of Housing Finance," with Deana van Nahmen, July/August 1988.

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