International Finance Staff | Program Direction
Linda S. Kole
Division of International Finance
Fields of Interest
Open Economy Macroeconomics
Ph.D., Economics, M.I.T., 1984
B.A., Economics, University of Michigan, 1979
Board of Governors of the Federal Reserve System, 1986-present
Assistant Professor, University of Maryland, 1984-1987
Research Assistant, Brookings Institution, 1979-1980
Research Assistant, U.S. Department of Energy, 1978-1979
House Prices and Monetary Policy: A Cross-Country Study
(with Alan Ahearne, John Ammer, Brian Doyle, and others),
International Finance Discussion Papers 841. Washington: Board of Governors of the Federal Reserve System, 2005.
What Makes Investors Over or Underweight? Explaining International Appetites for Foreign Equities
(with Carol C. Bertaut),
International Finance Discussion Papers 819. Washington: Board of Governors of the Federal Reserve System, 2004.
''German Monetary Targeting: A Retrospective View ''
(with Ellen E. Meade),
Federal Reserve Bulletin,
vol. 10 (October 1995), pp. 917-931.
''European Monetary Arrangements: Implications for the Dollar, Exchange Rate Variability and Credibility''
(with Hali J. Edison),
European Financial Management, vol. 1
(1995), pp. 61-86.
''International Aspects of the U.S. Business Cycle,'' in
Changes in the Business Cycle and the Implications for Monetary Policy. Basle: Bank for International Settlements, 1993.
''Monetary Transmission Channels in Major Foreign Industrial Countries''
(with Robert B. Kahn), in
Marvin Goodfriend and David H. Small, eds.,
Operating Procedures and the Conduct of Monetary Policy: Conference Proceedings, Finance and Economics Discussion Series. Washington, D.C.: Federal Reserve Board, 1993.
The Usefulness of P* Measures for Japan and Germany
(with Michael Leahy),
International Finance Discussion Papers 414. Washington: Board of Governors of the Federal Reserve System, 1991.
''Expansionary Fiscal Policy and International Interdependence,'' in
Jacob A. Frenkel, ed.,
International Aspects of Fiscal Policies. Chicago: University of Chicago Press for the National Bureau of Economic Research, 1988.