id	sid	tid	token	lemma	pos
cord-311521-4calrk5l	1	1	key	key	JJ
cord-311521-4calrk5l	1	2	:	:	:
cord-311521-4calrk5l	1	3	cord-311521	cord-311521	NNP
cord-311521-4calrk5l	1	4	-	-	HYPH
cord-311521-4calrk5l	1	5	4calrk5l	4calrk5l	CD
cord-311521-4calrk5l	1	6	authors	author	NNS
cord-311521-4calrk5l	1	7	:	:	:
cord-311521-4calrk5l	1	8	Bhar	Bhar	NNP
cord-311521-4calrk5l	1	9	,	,	,
cord-311521-4calrk5l	1	10	Ramaprasad	Ramaprasad	NNP
cord-311521-4calrk5l	1	11	;	;	:
cord-311521-4calrk5l	1	12	Malliaris	Malliaris	NNP
cord-311521-4calrk5l	1	13	,	,	,
cord-311521-4calrk5l	1	14	A.G.	A.G.	NNP
cord-311521-4calrk5l	1	15	title	title	NN
cord-311521-4calrk5l	1	16	:	:	:
cord-311521-4calrk5l	1	17	Modeling	Modeling	NNP
cord-311521-4calrk5l	1	18	U.S.	U.S.	NNP
cord-311521-4calrk5l	1	19	monetary	monetary	JJ
cord-311521-4calrk5l	1	20	policy	policy	NN
cord-311521-4calrk5l	1	21	during	during	IN
cord-311521-4calrk5l	1	22	the	the	DT
cord-311521-4calrk5l	1	23	global	global	JJ
cord-311521-4calrk5l	1	24	financial	financial	JJ
cord-311521-4calrk5l	1	25	crisis	crisis	NN
cord-311521-4calrk5l	1	26	and	and	CC
cord-311521-4calrk5l	1	27	lessons	lesson	NNS
cord-311521-4calrk5l	1	28	for	for	IN
cord-311521-4calrk5l	1	29	covid-19	covid-19	NNP
cord-311521-4calrk5l	1	30	(	(	-LRB-
cord-311521-4calrk5l	1	31	)	)	-RRB-
cord-311521-4calrk5l	1	32	date	date	NN
cord-311521-4calrk5l	1	33	:	:	:
cord-311521-4calrk5l	1	34	2020	2020	CD
cord-311521-4calrk5l	1	35	-	-	HYPH
cord-311521-4calrk5l	1	36	08	08	CD
cord-311521-4calrk5l	1	37	-	-	SYM
cord-311521-4calrk5l	1	38	30	30	CD
cord-311521-4calrk5l	1	39	journal	journal	NN
cord-311521-4calrk5l	1	40	:	:	:
cord-311521-4calrk5l	1	41	J	J	NNP
cord-311521-4calrk5l	1	42	Policy	Policy	NNP
cord-311521-4calrk5l	1	43	Model	Model	NNP
cord-311521-4calrk5l	1	44	DOI	DOI	NNP
cord-311521-4calrk5l	1	45	:	:	:
cord-311521-4calrk5l	1	46	10.1016/	10.1016/	CD
cord-311521-4calrk5l	2	1	j.jpolmod.2020.07.001	j.jpolmod.2020.07.001	UH
cord-311521-4calrk5l	2	2	sha	sha	XX
cord-311521-4calrk5l	2	3	:	:	:
cord-311521-4calrk5l	3	1	0f6c546bfee9fa674b952f12dca712a611704f24	0f6c546bfee9fa674b952f12dca712a611704f24	LS
cord-311521-4calrk5l	3	2	doc_id	doc_id	CD
cord-311521-4calrk5l	3	3	:	:	:
cord-311521-4calrk5l	4	1	311521	311521	CD
cord-311521-4calrk5l	4	2	cord_uid	cord_uid	NN
cord-311521-4calrk5l	4	3	:	:	:
cord-311521-4calrk5l	4	4	4calrk5l	4calrk5l	.
cord-311521-4calrk5l	5	1	The	the	DT
cord-311521-4calrk5l	5	2	paper	paper	NN
cord-311521-4calrk5l	5	3	formulates	formulate	VBZ
cord-311521-4calrk5l	5	4	the	the	DT
cord-311521-4calrk5l	5	5	modeling	modeling	NN
cord-311521-4calrk5l	5	6	of	of	IN
cord-311521-4calrk5l	5	7	unconventional	unconventional	JJ
cord-311521-4calrk5l	5	8	monetary	monetary	JJ
cord-311521-4calrk5l	5	9	policy	policy	NN
cord-311521-4calrk5l	5	10	and	and	CC
cord-311521-4calrk5l	5	11	critically	critically	RB
cord-311521-4calrk5l	5	12	evaluates	evaluate	VBZ
cord-311521-4calrk5l	5	13	its	-PRON-	PRP$
cord-311521-4calrk5l	5	14	effectiveness	effectiveness	NN
cord-311521-4calrk5l	5	15	to	to	TO
cord-311521-4calrk5l	5	16	address	address	VB
cord-311521-4calrk5l	5	17	the	the	DT
cord-311521-4calrk5l	5	18	Global	Global	NNP
cord-311521-4calrk5l	5	19	Financial	Financial	NNP
cord-311521-4calrk5l	5	20	Crisis	Crisis	NNP
cord-311521-4calrk5l	5	21	.	.	.
cord-311521-4calrk5l	6	1	We	-PRON-	PRP
cord-311521-4calrk5l	6	2	begin	begin	VBP
cord-311521-4calrk5l	6	3	with	with	IN
cord-311521-4calrk5l	6	4	certain	certain	JJ
cord-311521-4calrk5l	6	5	principles	principle	NNS
cord-311521-4calrk5l	6	6	guiding	guide	VBG
cord-311521-4calrk5l	6	7	general	general	JJ
cord-311521-4calrk5l	6	8	scientific	scientific	JJ
cord-311521-4calrk5l	6	9	modeling	modeling	NN
cord-311521-4calrk5l	6	10	and	and	CC
cord-311521-4calrk5l	6	11	focus	focus	NN
cord-311521-4calrk5l	6	12	on	on	IN
cord-311521-4calrk5l	6	13	Milton	Milton	NNP
cord-311521-4calrk5l	6	14	Friedman	Friedman	NNP
cord-311521-4calrk5l	6	15	's	's	POS
cord-311521-4calrk5l	6	16	1968	1968	CD
cord-311521-4calrk5l	6	17	Presidential	Presidential	NNP
cord-311521-4calrk5l	6	18	Address	Address	NNP
cord-311521-4calrk5l	6	19	that	that	WDT
cord-311521-4calrk5l	6	20	delineates	delineate	VBZ
cord-311521-4calrk5l	6	21	the	the	DT
cord-311521-4calrk5l	6	22	strengths	strength	NNS
cord-311521-4calrk5l	6	23	and	and	CC
cord-311521-4calrk5l	6	24	limitations	limitation	NNS
cord-311521-4calrk5l	6	25	of	of	IN
cord-311521-4calrk5l	6	26	monetary	monetary	JJ
cord-311521-4calrk5l	6	27	policy	policy	NN
cord-311521-4calrk5l	6	28	to	to	TO
cord-311521-4calrk5l	6	29	pursue	pursue	VB
cord-311521-4calrk5l	6	30	certain	certain	JJ
cord-311521-4calrk5l	6	31	goals	goal	NNS
cord-311521-4calrk5l	6	32	.	.	.
cord-311521-4calrk5l	7	1	The	the	DT
cord-311521-4calrk5l	7	2	modeling	modeling	NN
cord-311521-4calrk5l	7	3	of	of	IN
cord-311521-4calrk5l	7	4	monetary	monetary	JJ
cord-311521-4calrk5l	7	5	policy	policy	NN
cord-311521-4calrk5l	7	6	with	with	IN
cord-311521-4calrk5l	7	7	its	-PRON-	PRP$
cord-311521-4calrk5l	7	8	novelty	novelty	NN
cord-311521-4calrk5l	7	9	of	of	IN
cord-311521-4calrk5l	7	10	quantitative	quantitative	JJ
cord-311521-4calrk5l	7	11	easing	easing	NN
cord-311521-4calrk5l	7	12	to	to	TO
cord-311521-4calrk5l	7	13	target	target	VB
cord-311521-4calrk5l	7	14	unusually	unusually	RB
cord-311521-4calrk5l	7	15	high	high	JJ
cord-311521-4calrk5l	7	16	unemployment	unemployment	NN
cord-311521-4calrk5l	7	17	is	be	VBZ
cord-311521-4calrk5l	7	18	evaluated	evaluate	VBN
cord-311521-4calrk5l	7	19	by	by	IN
cord-311521-4calrk5l	7	20	a	a	DT
cord-311521-4calrk5l	7	21	Markov	Markov	NNP
cord-311521-4calrk5l	7	22	switching	switch	VBG
cord-311521-4calrk5l	7	23	econometric	econometric	JJ
cord-311521-4calrk5l	7	24	model	model	NN
cord-311521-4calrk5l	7	25	using	use	VBG
cord-311521-4calrk5l	7	26	monthly	monthly	JJ
cord-311521-4calrk5l	7	27	data	datum	NNS
cord-311521-4calrk5l	7	28	for	for	IN
cord-311521-4calrk5l	7	29	the	the	DT
cord-311521-4calrk5l	7	30	period	period	NN
cord-311521-4calrk5l	7	31	2002	2002	CD
cord-311521-4calrk5l	7	32	-	-	SYM
cord-311521-4calrk5l	7	33	2015	2015	CD
cord-311521-4calrk5l	7	34	.	.	.
cord-311521-4calrk5l	8	1	We	-PRON-	PRP
cord-311521-4calrk5l	8	2	conclude	conclude	VBP
cord-311521-4calrk5l	8	3	by	by	IN
cord-311521-4calrk5l	8	4	relating	relate	VBG
cord-311521-4calrk5l	8	5	the	the	DT
cord-311521-4calrk5l	8	6	lessons	lesson	NNS
cord-311521-4calrk5l	8	7	learned	learn	VBN
cord-311521-4calrk5l	8	8	from	from	IN
cord-311521-4calrk5l	8	9	unconventional	unconventional	JJ
cord-311521-4calrk5l	8	10	monetary	monetary	JJ
cord-311521-4calrk5l	8	11	policy	policy	NN
cord-311521-4calrk5l	8	12	during	during	IN
cord-311521-4calrk5l	8	13	the	the	DT
cord-311521-4calrk5l	8	14	Global	Global	NNP
cord-311521-4calrk5l	8	15	Financial	Financial	NNP
cord-311521-4calrk5l	8	16	Crisis	Crisis	NNP
cord-311521-4calrk5l	8	17	to	to	IN
cord-311521-4calrk5l	8	18	the	the	DT
cord-311521-4calrk5l	8	19	recent	recent	JJ
cord-311521-4calrk5l	8	20	bold	bold	JJ
cord-311521-4calrk5l	8	21	initiatives	initiative	NNS
cord-311521-4calrk5l	8	22	of	of	IN
cord-311521-4calrk5l	8	23	the	the	DT
cord-311521-4calrk5l	8	24	Fed	Fed	NNP
cord-311521-4calrk5l	8	25	to	to	TO
cord-311521-4calrk5l	8	26	mitigate	mitigate	VB
cord-311521-4calrk5l	8	27	the	the	DT
cord-311521-4calrk5l	8	28	economic	economic	JJ
cord-311521-4calrk5l	8	29	and	and	CC
cord-311521-4calrk5l	8	30	financial	financial	JJ
cord-311521-4calrk5l	8	31	impact	impact	NN
cord-311521-4calrk5l	8	32	of	of	IN
cord-311521-4calrk5l	8	33	the	the	DT
cord-311521-4calrk5l	8	34	Covid-19	covid-19	JJ
cord-311521-4calrk5l	8	35	pandemic	pandemic	NN
cord-311521-4calrk5l	8	36	on	on	IN
cord-311521-4calrk5l	8	37	U.S.	U.S.	NNP
cord-311521-4calrk5l	8	38	households	household	NNS
cord-311521-4calrk5l	8	39	and	and	CC
cord-311521-4calrk5l	8	40	businesses	business	NNS
cord-311521-4calrk5l	8	41	.	.	.
cord-311521-4calrk5l	9	1	The	the	DT
cord-311521-4calrk5l	9	2	Federal	Federal	NNP
cord-311521-4calrk5l	9	3	Reserve	Reserve	NNP
cord-311521-4calrk5l	9	4	Act	Act	NNP
cord-311521-4calrk5l	9	5	of	of	IN
cord-311521-4calrk5l	9	6	1913	1913	CD
cord-311521-4calrk5l	9	7	established	establish	VBD
cord-311521-4calrk5l	9	8	the	the	DT
cord-311521-4calrk5l	9	9	U.	U.	NNP
cord-311521-4calrk5l	9	10	S.	S.	NNP
cord-311521-4calrk5l	9	11	Central	Central	NNP
cord-311521-4calrk5l	9	12	Bank	Bank	NNP
cord-311521-4calrk5l	9	13	called	call	VBD
cord-311521-4calrk5l	9	14	the	the	DT
cord-311521-4calrk5l	9	15	Federal	Federal	NNP
cord-311521-4calrk5l	9	16	Reserve	Reserve	NNP
cord-311521-4calrk5l	9	17	System	System	NNP
cord-311521-4calrk5l	9	18	and	and	CC
cord-311521-4calrk5l	9	19	charged	charge	VBD
cord-311521-4calrk5l	9	20	it	-PRON-	PRP
cord-311521-4calrk5l	9	21	to	to	TO
cord-311521-4calrk5l	9	22	design	design	VB
cord-311521-4calrk5l	9	23	a	a	DT
cord-311521-4calrk5l	9	24	national	national	JJ
cord-311521-4calrk5l	9	25	currency	currency	NN
cord-311521-4calrk5l	9	26	and	and	CC
cord-311521-4calrk5l	9	27	conduct	conduct	VB
cord-311521-4calrk5l	9	28	a	a	DT
cord-311521-4calrk5l	9	29	monetary	monetary	JJ
cord-311521-4calrk5l	9	30	policy	policy	NN
cord-311521-4calrk5l	9	31	to	to	TO
cord-311521-4calrk5l	9	32	promote	promote	VB
cord-311521-4calrk5l	9	33	financial	financial	JJ
cord-311521-4calrk5l	9	34	stability	stability	NN
cord-311521-4calrk5l	9	35	.	.	.
cord-311521-4calrk5l	10	1	In	in	IN
cord-311521-4calrk5l	10	2	1977	1977	CD
cord-311521-4calrk5l	10	3	,	,	,
cord-311521-4calrk5l	10	4	Congress	Congress	NNP
cord-311521-4calrk5l	10	5	amended	amend	VBD
cord-311521-4calrk5l	10	6	The	the	DT
cord-311521-4calrk5l	10	7	Federal	Federal	NNP
cord-311521-4calrk5l	10	8	Reserve	Reserve	NNP
cord-311521-4calrk5l	10	9	Act	Act	NNP
cord-311521-4calrk5l	10	10	,	,	,
cord-311521-4calrk5l	10	11	stating	state	VBG
cord-311521-4calrk5l	10	12	explicitly	explicitly	RB
cord-311521-4calrk5l	10	13	the	the	DT
cord-311521-4calrk5l	10	14	monetary	monetary	JJ
cord-311521-4calrk5l	10	15	policy	policy	NN
cord-311521-4calrk5l	10	16	objectives	objective	NNS
cord-311521-4calrk5l	10	17	of	of	IN
cord-311521-4calrk5l	10	18	the	the	DT
cord-311521-4calrk5l	10	19	Federal	Federal	NNP
cord-311521-4calrk5l	10	20	Reserve	Reserve	NNP
cord-311521-4calrk5l	10	21	as	as	IN
cord-311521-4calrk5l	10	22	:	:	:
cord-311521-4calrk5l	10	23	Committee	Committee	NNP
cord-311521-4calrk5l	10	24	shall	shall	MD
cord-311521-4calrk5l	10	25	maintain	maintain	VB
cord-311521-4calrk5l	10	26	long	long	JJ
cord-311521-4calrk5l	10	27	run	run	NN
cord-311521-4calrk5l	10	28	growth	growth	NN
cord-311521-4calrk5l	10	29	of	of	IN
cord-311521-4calrk5l	10	30	the	the	DT
cord-311521-4calrk5l	10	31	monetary	monetary	JJ
cord-311521-4calrk5l	10	32	and	and	CC
cord-311521-4calrk5l	10	33	credit	credit	NN
cord-311521-4calrk5l	10	34	aggregates	aggregate	NNS
cord-311521-4calrk5l	10	35	commensurate	commensurate	VBP
cord-311521-4calrk5l	10	36	with	with	IN
cord-311521-4calrk5l	10	37	the	the	DT
cord-311521-4calrk5l	10	38	economy	economy	NN
cord-311521-4calrk5l	10	39	's	's	POS
cord-311521-4calrk5l	10	40	long	long	JJ
cord-311521-4calrk5l	10	41	run	run	NN
cord-311521-4calrk5l	10	42	potential	potential	NN
cord-311521-4calrk5l	10	43	to	to	TO
cord-311521-4calrk5l	10	44	increase	increase	VB
cord-311521-4calrk5l	10	45	production	production	NN
cord-311521-4calrk5l	10	46	,	,	,
cord-311521-4calrk5l	10	47	so	so	IN
cord-311521-4calrk5l	10	48	as	as	IN
cord-311521-4calrk5l	10	49	to	to	TO
cord-311521-4calrk5l	10	50	promote	promote	VB
cord-311521-4calrk5l	10	51	effectively	effectively	RB
cord-311521-4calrk5l	10	52	the	the	DT
cord-311521-4calrk5l	10	53	goals	goal	NNS
cord-311521-4calrk5l	10	54	of	of	IN
cord-311521-4calrk5l	10	55	maximum	maximum	JJ
cord-311521-4calrk5l	10	56	employment	employment	NN
cord-311521-4calrk5l	10	57	,	,	,
cord-311521-4calrk5l	10	58	stable	stable	JJ
cord-311521-4calrk5l	10	59	prices	price	NNS
cord-311521-4calrk5l	10	60	and	and	CC
cord-311521-4calrk5l	10	61	moderate	moderate	JJ
cord-311521-4calrk5l	10	62	long	long	JJ
cord-311521-4calrk5l	10	63	-	-	HYPH
cord-311521-4calrk5l	10	64	term	term	NN
cord-311521-4calrk5l	10	65	interest	interest	NN
cord-311521-4calrk5l	10	66	rates	rate	NNS
cord-311521-4calrk5l	10	67	.	.	.
cord-311521-4calrk5l	10	68	"	"	''
cord-311521-4calrk5l	11	1	Among	among	IN
cord-311521-4calrk5l	11	2	the	the	DT
cord-311521-4calrk5l	11	3	three	three	CD
cord-311521-4calrk5l	11	4	goals	goal	NNS
cord-311521-4calrk5l	11	5	of	of	IN
cord-311521-4calrk5l	11	6	maximum	maximum	JJ
cord-311521-4calrk5l	11	7	employment	employment	NN
cord-311521-4calrk5l	11	8	,	,	,
cord-311521-4calrk5l	11	9	stable	stable	JJ
cord-311521-4calrk5l	11	10	prices	price	NNS
cord-311521-4calrk5l	11	11	and	and	CC
cord-311521-4calrk5l	11	12	moderate	moderate	JJ
cord-311521-4calrk5l	11	13	long	long	JJ
cord-311521-4calrk5l	11	14	-	-	HYPH
cord-311521-4calrk5l	11	15	term	term	NN
cord-311521-4calrk5l	11	16	interest	interest	NN
cord-311521-4calrk5l	11	17	rates	rate	NNS
cord-311521-4calrk5l	11	18	,	,	,
cord-311521-4calrk5l	11	19	the	the	DT
cord-311521-4calrk5l	11	20	first	first	JJ
cord-311521-4calrk5l	11	21	two	two	CD
cord-311521-4calrk5l	11	22	have	have	VBP
cord-311521-4calrk5l	11	23	received	receive	VBN
cord-311521-4calrk5l	11	24	precedence	precedence	NN
cord-311521-4calrk5l	11	25	and	and	CC
cord-311521-4calrk5l	11	26	thus	thus	RB
cord-311521-4calrk5l	11	27	most	most	JJS
cord-311521-4calrk5l	11	28	consideration	consideration	NN
cord-311521-4calrk5l	11	29	over	over	IN
cord-311521-4calrk5l	11	30	the	the	DT
cord-311521-4calrk5l	11	31	years	year	NNS
cord-311521-4calrk5l	11	32	.	.	.
cord-311521-4calrk5l	12	1	For	for	IN
cord-311521-4calrk5l	12	2	example	example	NN
cord-311521-4calrk5l	12	3	,	,	,
cord-311521-4calrk5l	12	4	during	during	IN
cord-311521-4calrk5l	12	5	the	the	DT
cord-311521-4calrk5l	12	6	late	late	JJ
cord-311521-4calrk5l	12	7	1970s	1970	NNS
cord-311521-4calrk5l	12	8	and	and	CC
cord-311521-4calrk5l	12	9	early	early	JJ
cord-311521-4calrk5l	12	10	1980s	1980	NNS
cord-311521-4calrk5l	12	11	when	when	WRB
cord-311521-4calrk5l	12	12	the	the	DT
cord-311521-4calrk5l	12	13	Fed	Fed	NNP
cord-311521-4calrk5l	12	14	was	be	VBD
cord-311521-4calrk5l	12	15	fighting	fight	VBG
cord-311521-4calrk5l	12	16	inflation	inflation	NN
cord-311521-4calrk5l	12	17	and	and	CC
cord-311521-4calrk5l	12	18	long	long	JJ
cord-311521-4calrk5l	12	19	-	-	HYPH
cord-311521-4calrk5l	12	20	term	term	NN
cord-311521-4calrk5l	12	21	interest	interest	NN
cord-311521-4calrk5l	12	22	rates	rate	NNS
cord-311521-4calrk5l	12	23	had	have	VBD
cord-311521-4calrk5l	12	24	approached	approach	VBN
cord-311521-4calrk5l	12	25	very	very	RB
cord-311521-4calrk5l	12	26	high	high	JJ
cord-311521-4calrk5l	12	27	levels	level	NNS
cord-311521-4calrk5l	12	28	,	,	,
cord-311521-4calrk5l	12	29	around	around	RB
cord-311521-4calrk5l	12	30	20	20	CD
cord-311521-4calrk5l	12	31	%	%	NN
cord-311521-4calrk5l	12	32	,	,	,
cord-311521-4calrk5l	12	33	such	such	JJ
cord-311521-4calrk5l	12	34	elevated	elevated	JJ
cord-311521-4calrk5l	12	35	interest	interest	NN
cord-311521-4calrk5l	12	36	rates	rate	NNS
cord-311521-4calrk5l	12	37	did	do	VBD
cord-311521-4calrk5l	12	38	not	not	RB
cord-311521-4calrk5l	12	39	cause	cause	VB
cord-311521-4calrk5l	12	40	the	the	DT
cord-311521-4calrk5l	12	41	Fed	Fed	NNP
cord-311521-4calrk5l	12	42	to	to	TO
cord-311521-4calrk5l	12	43	deviate	deviate	VB
cord-311521-4calrk5l	12	44	from	from	IN
cord-311521-4calrk5l	12	45	its	-PRON-	PRP$
cord-311521-4calrk5l	12	46	inflation	inflation	NN
cord-311521-4calrk5l	12	47	targeting	target	VBG
cord-311521-4calrk5l	12	48	.	.	.
cord-311521-4calrk5l	13	1	The	the	DT
cord-311521-4calrk5l	13	2	pursuit	pursuit	NN
cord-311521-4calrk5l	13	3	of	of	IN
cord-311521-4calrk5l	13	4	maximum	maximum	JJ
cord-311521-4calrk5l	13	5	employment	employment	NN
cord-311521-4calrk5l	13	6	and	and	CC
cord-311521-4calrk5l	13	7	price	price	NN
cord-311521-4calrk5l	13	8	stability	stability	NN
cord-311521-4calrk5l	13	9	as	as	IN
cord-311521-4calrk5l	13	10	the	the	DT
cord-311521-4calrk5l	13	11	Fed	Fed	NNP
cord-311521-4calrk5l	13	12	's	's	POS
cord-311521-4calrk5l	13	13	primary	primary	JJ
cord-311521-4calrk5l	13	14	goals	goal	NNS
cord-311521-4calrk5l	13	15	has	have	VBZ
cord-311521-4calrk5l	13	16	evolved	evolve	VBN
cord-311521-4calrk5l	13	17	into	into	IN
cord-311521-4calrk5l	13	18	the	the	DT
cord-311521-4calrk5l	13	19	Fed	Fed	NNP
cord-311521-4calrk5l	13	20	's	's	POS
cord-311521-4calrk5l	13	21	"	"	``
cord-311521-4calrk5l	13	22	dual	dual	JJ
cord-311521-4calrk5l	13	23	mandate	mandate	NN
cord-311521-4calrk5l	13	24	"	"	''
cord-311521-4calrk5l	13	25	.	.	.
cord-311521-4calrk5l	14	1	This	this	DT
cord-311521-4calrk5l	14	2	dual	dual	JJ
cord-311521-4calrk5l	14	3	goal	goal	NN
cord-311521-4calrk5l	14	4	involves	involve	VBZ
cord-311521-4calrk5l	14	5	some	some	DT
cord-311521-4calrk5l	14	6	possible	possible	JJ
cord-311521-4calrk5l	14	7	trade	trade	NN
cord-311521-4calrk5l	14	8	-	-	HYPH
cord-311521-4calrk5l	14	9	offs	off	NNS
cord-311521-4calrk5l	14	10	between	between	IN
cord-311521-4calrk5l	14	11	inflation	inflation	NN
cord-311521-4calrk5l	14	12	and	and	CC
cord-311521-4calrk5l	14	13	unemployment	unemployment	NN
cord-311521-4calrk5l	14	14	,	,	,
cord-311521-4calrk5l	14	15	often	often	RB
cord-311521-4calrk5l	14	16	called	call	VBD
cord-311521-4calrk5l	14	17	the	the	DT
cord-311521-4calrk5l	14	18	Phillips	Phillips	NNP
cord-311521-4calrk5l	14	19	curve	curve	NN
cord-311521-4calrk5l	14	20	and	and	CC
cord-311521-4calrk5l	14	21	the	the	DT
cord-311521-4calrk5l	14	22	appraisal	appraisal	NN
cord-311521-4calrk5l	14	23	of	of	IN
cord-311521-4calrk5l	14	24	their	-PRON-	PRP$
cord-311521-4calrk5l	14	25	associated	associate	VBN
cord-311521-4calrk5l	14	26	risks	risk	NNS
cord-311521-4calrk5l	14	27	.	.	.
cord-311521-4calrk5l	15	1	For	for	IN
cord-311521-4calrk5l	15	2	example	example	NN
cord-311521-4calrk5l	15	3	,	,	,
cord-311521-4calrk5l	15	4	the	the	DT
cord-311521-4calrk5l	15	5	fight	fight	NN
cord-311521-4calrk5l	15	6	against	against	IN
cord-311521-4calrk5l	15	7	inflation	inflation	NN
cord-311521-4calrk5l	15	8	during	during	IN
cord-311521-4calrk5l	15	9	the	the	DT
cord-311521-4calrk5l	15	10	1970s	1970	NNS
cord-311521-4calrk5l	15	11	and	and	CC
cord-311521-4calrk5l	15	12	early	early	JJ
cord-311521-4calrk5l	15	13	1980s	1980	NNS
cord-311521-4calrk5l	15	14	had	have	VBD
cord-311521-4calrk5l	15	15	as	as	IN
cord-311521-4calrk5l	15	16	a	a	DT
cord-311521-4calrk5l	15	17	consequence	consequence	NN
cord-311521-4calrk5l	15	18	the	the	DT
cord-311521-4calrk5l	15	19	increase	increase	NN
cord-311521-4calrk5l	15	20	in	in	IN
cord-311521-4calrk5l	15	21	unemployment	unemployment	NN
cord-311521-4calrk5l	15	22	.	.	.
cord-311521-4calrk5l	16	1	More	more	RBR
cord-311521-4calrk5l	16	2	recently	recently	RB
cord-311521-4calrk5l	16	3	,	,	,
cord-311521-4calrk5l	16	4	after	after	IN
cord-311521-4calrk5l	16	5	the	the	DT
cord-311521-4calrk5l	16	6	Global	Global	NNP
cord-311521-4calrk5l	16	7	Financial	Financial	NNP
cord-311521-4calrk5l	16	8	Crisis	Crisis	NNP
cord-311521-4calrk5l	16	9	of	of	IN
cord-311521-4calrk5l	16	10	2007	2007	CD
cord-311521-4calrk5l	16	11	-	-	SYM
cord-311521-4calrk5l	16	12	09	09	CD
cord-311521-4calrk5l	16	13	,	,	,
cord-311521-4calrk5l	16	14	the	the	DT
cord-311521-4calrk5l	16	15	Fed	Fed	NNP
cord-311521-4calrk5l	16	16	pursued	pursue	VBD
cord-311521-4calrk5l	16	17	maximum	maximum	JJ
cord-311521-4calrk5l	16	18	employment	employment	NN
cord-311521-4calrk5l	16	19	,	,	,
cord-311521-4calrk5l	16	20	understanding	understand	VBG
cord-311521-4calrk5l	16	21	the	the	DT
cord-311521-4calrk5l	16	22	risks	risk	NNS
cord-311521-4calrk5l	16	23	of	of	IN
cord-311521-4calrk5l	16	24	possible	possible	JJ
cord-311521-4calrk5l	16	25	inflation	inflation	NN
cord-311521-4calrk5l	16	26	.	.	.
cord-311521-4calrk5l	17	1	In	in	IN
cord-311521-4calrk5l	17	2	this	this	DT
cord-311521-4calrk5l	17	3	paper	paper	NN
cord-311521-4calrk5l	17	4	we	-PRON-	PRP
cord-311521-4calrk5l	17	5	accomplish	accomplish	VBP
cord-311521-4calrk5l	17	6	four	four	CD
cord-311521-4calrk5l	17	7	goals	goal	NNS
cord-311521-4calrk5l	17	8	:	:	:
cord-311521-4calrk5l	17	9	first	first	RB
cord-311521-4calrk5l	17	10	,	,	,
cord-311521-4calrk5l	17	11	present	present	VB
cord-311521-4calrk5l	17	12	the	the	DT
cord-311521-4calrk5l	17	13	methodological	methodological	JJ
cord-311521-4calrk5l	17	14	elements	element	NNS
cord-311521-4calrk5l	17	15	of	of	IN
cord-311521-4calrk5l	17	16	M.	M.	NNP
cord-311521-4calrk5l	17	17	 	 	_SP
cord-311521-4calrk5l	18	1	The	the	DT
cord-311521-4calrk5l	18	2	epistimological	epistimological	JJ
cord-311521-4calrk5l	18	3	prominence	prominence	NN
cord-311521-4calrk5l	18	4	of	of	IN
cord-311521-4calrk5l	18	5	models	model	NNS
cord-311521-4calrk5l	18	6	in	in	IN
cord-311521-4calrk5l	18	7	science	science	NN
cord-311521-4calrk5l	18	8	has	have	VBZ
cord-311521-4calrk5l	18	9	increased	increase	VBN
cord-311521-4calrk5l	18	10	significantly	significantly	RB
cord-311521-4calrk5l	18	11	during	during	IN
cord-311521-4calrk5l	18	12	the	the	DT
cord-311521-4calrk5l	18	13	past	past	JJ
cord-311521-4calrk5l	18	14	several	several	JJ
cord-311521-4calrk5l	18	15	decades	decade	NNS
cord-311521-4calrk5l	18	16	and	and	CC
cord-311521-4calrk5l	18	17	both	both	DT
cord-311521-4calrk5l	18	18	philosophers	philosopher	NNS
cord-311521-4calrk5l	18	19	and	and	CC
cord-311521-4calrk5l	18	20	historians	historian	NNS
cord-311521-4calrk5l	18	21	of	of	IN
cord-311521-4calrk5l	18	22	science	science	NN
cord-311521-4calrk5l	18	23	have	have	VBP
cord-311521-4calrk5l	18	24	studied	study	VBN
cord-311521-4calrk5l	18	25	these	these	DT
cord-311521-4calrk5l	18	26	valuable	valuable	JJ
cord-311521-4calrk5l	18	27	tools	tool	NNS
cord-311521-4calrk5l	18	28	.	.	.
cord-311521-4calrk5l	19	1	Frigg	Frigg	NNP
cord-311521-4calrk5l	19	2	and	and	CC
cord-311521-4calrk5l	19	3	Hartmann	Hartmann	NNP
cord-311521-4calrk5l	19	4	(	(	-LRB-
cord-311521-4calrk5l	19	5	2018	2018	CD
cord-311521-4calrk5l	19	6	)	)	-RRB-
cord-311521-4calrk5l	19	7	present	present	VBP
cord-311521-4calrk5l	19	8	a	a	DT
cord-311521-4calrk5l	19	9	critical	critical	JJ
cord-311521-4calrk5l	19	10	literature	literature	NN
cord-311521-4calrk5l	19	11	overview	overview	NN
cord-311521-4calrk5l	19	12	on	on	IN
cord-311521-4calrk5l	19	13	models	model	NNS
cord-311521-4calrk5l	19	14	and	and	CC
cord-311521-4calrk5l	19	15	modelling	model	VBG
cord-311521-4calrk5l	19	16	in	in	IN
cord-311521-4calrk5l	19	17	science	science	NN
cord-311521-4calrk5l	19	18	and	and	CC
cord-311521-4calrk5l	19	19	list	list	VB
cord-311521-4calrk5l	19	20	a	a	DT
cord-311521-4calrk5l	19	21	large	large	JJ
cord-311521-4calrk5l	19	22	group	group	NN
cord-311521-4calrk5l	19	23	such	such	JJ
cord-311521-4calrk5l	19	24	as	as	IN
cord-311521-4calrk5l	19	25	:	:	:
cord-311521-4calrk5l	19	26	computational	computational	JJ
cord-311521-4calrk5l	19	27	models	model	NNS
cord-311521-4calrk5l	19	28	,	,	,
cord-311521-4calrk5l	19	29	developmental	developmental	JJ
cord-311521-4calrk5l	19	30	models	model	NNS
cord-311521-4calrk5l	19	31	,	,	,
cord-311521-4calrk5l	19	32	explanatory	explanatory	JJ
cord-311521-4calrk5l	19	33	models	model	NNS
cord-311521-4calrk5l	19	34	,	,	,
cord-311521-4calrk5l	19	35	testing	testing	NN
cord-311521-4calrk5l	19	36	models	model	NNS
cord-311521-4calrk5l	19	37	,	,	,
cord-311521-4calrk5l	19	38	theoretical	theoretical	JJ
cord-311521-4calrk5l	19	39	models	model	NNS
cord-311521-4calrk5l	19	40	,	,	,
cord-311521-4calrk5l	19	41	heuristic	heuristic	JJ
cord-311521-4calrk5l	19	42	models	model	NNS
cord-311521-4calrk5l	19	43	,	,	,
cord-311521-4calrk5l	19	44	mathematical	mathematical	JJ
cord-311521-4calrk5l	19	45	models	model	NNS
cord-311521-4calrk5l	19	46	,	,	,
cord-311521-4calrk5l	19	47	and	and	CC
cord-311521-4calrk5l	19	48	formal	formal	JJ
cord-311521-4calrk5l	19	49	models	model	NNS
cord-311521-4calrk5l	19	50	,	,	,
cord-311521-4calrk5l	19	51	among	among	IN
cord-311521-4calrk5l	19	52	several	several	JJ
cord-311521-4calrk5l	19	53	others	other	NNS
cord-311521-4calrk5l	19	54	.	.	.
cord-311521-4calrk5l	20	1	This	this	DT
cord-311521-4calrk5l	20	2	large	large	JJ
cord-311521-4calrk5l	20	3	variety	variety	NN
cord-311521-4calrk5l	20	4	makes	make	VBZ
cord-311521-4calrk5l	20	5	it	-PRON-	PRP
cord-311521-4calrk5l	20	6	difficult	difficult	JJ
cord-311521-4calrk5l	20	7	to	to	TO
cord-311521-4calrk5l	20	8	propose	propose	VB
cord-311521-4calrk5l	20	9	a	a	DT
cord-311521-4calrk5l	20	10	uniform	uniform	JJ
cord-311521-4calrk5l	20	11	definition	definition	NN
cord-311521-4calrk5l	20	12	.	.	.
cord-311521-4calrk5l	21	1	Milton	Milton	NNP
cord-311521-4calrk5l	21	2	Friedman	Friedman	NNP
cord-311521-4calrk5l	21	3	(	(	-LRB-
cord-311521-4calrk5l	21	4	1953	1953	CD
cord-311521-4calrk5l	21	5	)	)	-RRB-
cord-311521-4calrk5l	21	6	participated	participate	VBD
cord-311521-4calrk5l	21	7	in	in	IN
cord-311521-4calrk5l	21	8	debates	debate	NNS
cord-311521-4calrk5l	21	9	about	about	IN
cord-311521-4calrk5l	21	10	the	the	DT
cord-311521-4calrk5l	21	11	role	role	NN
cord-311521-4calrk5l	21	12	of	of	IN
cord-311521-4calrk5l	21	13	models	model	NNS
cord-311521-4calrk5l	21	14	in	in	IN
cord-311521-4calrk5l	21	15	economic	economic	JJ
cord-311521-4calrk5l	21	16	methodology	methodology	NN
cord-311521-4calrk5l	21	17	and	and	CC
cord-311521-4calrk5l	21	18	is	be	VBZ
cord-311521-4calrk5l	21	19	known	know	VBN
cord-311521-4calrk5l	21	20	to	to	TO
cord-311521-4calrk5l	21	21	have	have	VB
cord-311521-4calrk5l	21	22	argued	argue	VBN
cord-311521-4calrk5l	21	23	that	that	IN
cord-311521-4calrk5l	21	24	models	model	NNS
cord-311521-4calrk5l	21	25	should	should	MD
cord-311521-4calrk5l	21	26	not	not	RB
cord-311521-4calrk5l	21	27	be	be	VB
cord-311521-4calrk5l	21	28	judged	judge	VBN
cord-311521-4calrk5l	21	29	by	by	IN
cord-311521-4calrk5l	21	30	the	the	DT
cord-311521-4calrk5l	21	31	realism	realism	NN
cord-311521-4calrk5l	21	32	of	of	IN
cord-311521-4calrk5l	21	33	their	-PRON-	PRP$
cord-311521-4calrk5l	21	34	assumptions	assumption	NNS
cord-311521-4calrk5l	21	35	but	but	CC
cord-311521-4calrk5l	21	36	only	only	RB
cord-311521-4calrk5l	21	37	by	by	IN
cord-311521-4calrk5l	21	38	the	the	DT
cord-311521-4calrk5l	21	39	success	success	NN
cord-311521-4calrk5l	21	40	of	of	IN
cord-311521-4calrk5l	21	41	their	-PRON-	PRP$
cord-311521-4calrk5l	21	42	predictions	prediction	NNS
cord-311521-4calrk5l	21	43	.	.	.
cord-311521-4calrk5l	22	1	For	for	IN
cord-311521-4calrk5l	22	2	our	-PRON-	PRP$
cord-311521-4calrk5l	22	3	discussion	discussion	NN
cord-311521-4calrk5l	22	4	,	,	,
cord-311521-4calrk5l	22	5	a	a	DT
cord-311521-4calrk5l	22	6	model	model	NN
cord-311521-4calrk5l	22	7	is	be	VBZ
cord-311521-4calrk5l	22	8	a	a	DT
cord-311521-4calrk5l	22	9	conceptual	conceptual	JJ
cord-311521-4calrk5l	22	10	representation	representation	NN
cord-311521-4calrk5l	22	11	of	of	IN
cord-311521-4calrk5l	22	12	some	some	DT
cord-311521-4calrk5l	22	13	aspect	aspect	NN
cord-311521-4calrk5l	22	14	of	of	IN
cord-311521-4calrk5l	22	15	reality	reality	NN
cord-311521-4calrk5l	22	16	we	-PRON-	PRP
cord-311521-4calrk5l	22	17	wish	wish	VBP
cord-311521-4calrk5l	22	18	to	to	TO
cord-311521-4calrk5l	22	19	understand	understand	VB
cord-311521-4calrk5l	22	20	;	;	:
cord-311521-4calrk5l	22	21	or	or	CC
cord-311521-4calrk5l	22	22	a	a	DT
cord-311521-4calrk5l	22	23	model	model	NN
cord-311521-4calrk5l	22	24	may	may	MD
cord-311521-4calrk5l	22	25	highlight	highlight	VB
cord-311521-4calrk5l	22	26	important	important	JJ
cord-311521-4calrk5l	22	27	connections	connection	NNS
cord-311521-4calrk5l	22	28	among	among	IN
cord-311521-4calrk5l	22	29	sets	set	NNS
cord-311521-4calrk5l	22	30	of	of	IN
cord-311521-4calrk5l	22	31	data	datum	NNS
cord-311521-4calrk5l	22	32	representing	represent	VBG
cord-311521-4calrk5l	22	33	certain	certain	JJ
cord-311521-4calrk5l	22	34	variables	variable	NNS
cord-311521-4calrk5l	22	35	.	.	.
cord-311521-4calrk5l	23	1	According	accord	VBG
cord-311521-4calrk5l	23	2	to	to	IN
cord-311521-4calrk5l	23	3	Friedman	Friedman	NNP
cord-311521-4calrk5l	23	4	we	-PRON-	PRP
cord-311521-4calrk5l	23	5	may	may	MD
cord-311521-4calrk5l	23	6	not	not	RB
cord-311521-4calrk5l	23	7	have	have	VB
cord-311521-4calrk5l	23	8	an	an	DT
cord-311521-4calrk5l	23	9	exact	exact	JJ
cord-311521-4calrk5l	23	10	set	set	NN
cord-311521-4calrk5l	23	11	of	of	IN
cord-311521-4calrk5l	23	12	J	J	NNP
cord-311521-4calrk5l	23	13	o	o	NN
cord-311521-4calrk5l	23	14	u	u	NN
cord-311521-4calrk5l	23	15	r	r	NNP
cord-311521-4calrk5l	23	16	n	n	NN
cord-311521-4calrk5l	23	17	a	a	DT
cord-311521-4calrk5l	23	18	l	l	NN
cord-311521-4calrk5l	23	19	P	p	NN
cord-311521-4calrk5l	23	20	r	r	NN
cord-311521-4calrk5l	23	21	e	e	NN
cord-311521-4calrk5l	23	22	-p	-p	NN
cord-311521-4calrk5l	23	23	r	r	NN
cord-311521-4calrk5l	24	1	o	o	UH
cord-311521-4calrk5l	25	1	o	o	UH
cord-311521-4calrk5l	25	2	f	f	LS
cord-311521-4calrk5l	25	3	assumptions	assumption	NNS
cord-311521-4calrk5l	25	4	about	about	IN
cord-311521-4calrk5l	25	5	the	the	DT
cord-311521-4calrk5l	25	6	behavior	behavior	NN
cord-311521-4calrk5l	25	7	of	of	IN
cord-311521-4calrk5l	25	8	economic	economic	JJ
cord-311521-4calrk5l	25	9	agents	agent	NNS
cord-311521-4calrk5l	25	10	but	but	CC
cord-311521-4calrk5l	25	11	if	if	IN
cord-311521-4calrk5l	25	12	the	the	DT
cord-311521-4calrk5l	25	13	model	model	NN
cord-311521-4calrk5l	25	14	generates	generate	VBZ
cord-311521-4calrk5l	25	15	a	a	DT
cord-311521-4calrk5l	25	16	testable	testable	JJ
cord-311521-4calrk5l	25	17	prediction	prediction	NN
cord-311521-4calrk5l	25	18	and	and	CC
cord-311521-4calrk5l	25	19	offers	offer	VBZ
cord-311521-4calrk5l	25	20	a	a	DT
cord-311521-4calrk5l	25	21	policy	policy	NN
cord-311521-4calrk5l	25	22	recommendation	recommendation	NN
cord-311521-4calrk5l	25	23	then	then	RB
cord-311521-4calrk5l	25	24	such	such	PDT
cord-311521-4calrk5l	25	25	a	a	DT
cord-311521-4calrk5l	25	26	model	model	NN
cord-311521-4calrk5l	25	27	is	be	VBZ
cord-311521-4calrk5l	25	28	useful	useful	JJ
cord-311521-4calrk5l	25	29	.	.	.
cord-311521-4calrk5l	26	1	So	so	RB
cord-311521-4calrk5l	26	2	a	a	DT
cord-311521-4calrk5l	26	3	model	model	NN
cord-311521-4calrk5l	26	4	is	be	VBZ
cord-311521-4calrk5l	26	5	like	like	IN
cord-311521-4calrk5l	26	6	a	a	DT
cord-311521-4calrk5l	26	7	tool	tool	NN
cord-311521-4calrk5l	26	8	.	.	.
cord-311521-4calrk5l	27	1	If	if	IN
cord-311521-4calrk5l	27	2	it	-PRON-	PRP
cord-311521-4calrk5l	27	3	works	work	VBZ
cord-311521-4calrk5l	27	4	it	-PRON-	PRP
cord-311521-4calrk5l	27	5	is	be	VBZ
cord-311521-4calrk5l	27	6	useful	useful	JJ
cord-311521-4calrk5l	27	7	.	.	.
cord-311521-4calrk5l	28	1	This	this	DT
cord-311521-4calrk5l	28	2	pragmatic	pragmatic	JJ
cord-311521-4calrk5l	28	3	methodology	methodology	NN
cord-311521-4calrk5l	28	4	of	of	IN
cord-311521-4calrk5l	28	5	modeling	modeling	NN
cord-311521-4calrk5l	28	6	suggested	suggest	VBN
cord-311521-4calrk5l	28	7	by	by	IN
cord-311521-4calrk5l	28	8	Friedman	Friedman	NNP
cord-311521-4calrk5l	28	9	(	(	-LRB-
cord-311521-4calrk5l	28	10	1953	1953	CD
cord-311521-4calrk5l	28	11	)	)	-RRB-
cord-311521-4calrk5l	28	12	is	be	VBZ
cord-311521-4calrk5l	28	13	carefully	carefully	RB
cord-311521-4calrk5l	28	14	explored	explore	VBN
cord-311521-4calrk5l	28	15	methodologically	methodologically	RB
cord-311521-4calrk5l	28	16	in	in	IN
cord-311521-4calrk5l	28	17	Isaac	Isaac	NNP
cord-311521-4calrk5l	28	18	(	(	-LRB-
cord-311521-4calrk5l	28	19	2013	2013	CD
cord-311521-4calrk5l	28	20	)	)	-RRB-
cord-311521-4calrk5l	28	21	.	.	.
cord-311521-4calrk5l	29	1	How	how	WRB
cord-311521-4calrk5l	29	2	have	have	VBP
cord-311521-4calrk5l	29	3	economists	economist	NNS
cord-311521-4calrk5l	29	4	modeled	model	VBN
cord-311521-4calrk5l	29	5	monetary	monetary	JJ
cord-311521-4calrk5l	29	6	policy	policy	NN
cord-311521-4calrk5l	29	7	?	?	.
cord-311521-4calrk5l	30	1	Keynes	Keynes	NNP
cord-311521-4calrk5l	30	2	observed	observe	VBD
cord-311521-4calrk5l	30	3	that	that	IN
cord-311521-4calrk5l	30	4	during	during	IN
cord-311521-4calrk5l	30	5	the	the	DT
cord-311521-4calrk5l	30	6	Depression	Depression	NNP
cord-311521-4calrk5l	30	7	of	of	IN
cord-311521-4calrk5l	30	8	the	the	DT
cord-311521-4calrk5l	30	9	the	the	DT
cord-311521-4calrk5l	30	10	1930s	1930	NNS
cord-311521-4calrk5l	30	11	interest	interest	NN
cord-311521-4calrk5l	30	12	rates	rate	NNS
cord-311521-4calrk5l	30	13	were	be	VBD
cord-311521-4calrk5l	30	14	very	very	RB
cord-311521-4calrk5l	30	15	low	low	JJ
cord-311521-4calrk5l	30	16	and	and	CC
cord-311521-4calrk5l	30	17	investments	investment	NNS
cord-311521-4calrk5l	30	18	were	be	VBD
cord-311521-4calrk5l	30	19	unresponsive	unresponsive	JJ
cord-311521-4calrk5l	30	20	.	.	.
cord-311521-4calrk5l	31	1	He	-PRON-	PRP
cord-311521-4calrk5l	31	2	offered	offer	VBD
cord-311521-4calrk5l	31	3	a	a	DT
cord-311521-4calrk5l	31	4	model	model	NN
cord-311521-4calrk5l	31	5	for	for	IN
cord-311521-4calrk5l	31	6	monetary	monetary	JJ
cord-311521-4calrk5l	31	7	policy	policy	NN
cord-311521-4calrk5l	31	8	known	know	VBN
cord-311521-4calrk5l	31	9	as	as	IN
cord-311521-4calrk5l	31	10	the	the	DT
cord-311521-4calrk5l	31	11	liquidity	liquidity	NN
cord-311521-4calrk5l	31	12	trap	trap	NN
cord-311521-4calrk5l	31	13	and	and	CC
cord-311521-4calrk5l	31	14	argued	argue	VBD
cord-311521-4calrk5l	31	15	that	that	IN
cord-311521-4calrk5l	31	16	monetary	monetary	JJ
cord-311521-4calrk5l	31	17	policy	policy	NN
cord-311521-4calrk5l	31	18	under	under	IN
cord-311521-4calrk5l	31	19	such	such	JJ
cord-311521-4calrk5l	31	20	circumstances	circumstance	NNS
cord-311521-4calrk5l	31	21	is	be	VBZ
cord-311521-4calrk5l	31	22	ineffective	ineffective	JJ
cord-311521-4calrk5l	31	23	and	and	CC
cord-311521-4calrk5l	31	24	can	can	MD
cord-311521-4calrk5l	31	25	not	not	RB
cord-311521-4calrk5l	31	26	help	help	VB
cord-311521-4calrk5l	31	27	an	an	DT
cord-311521-4calrk5l	31	28	economy	economy	NN
cord-311521-4calrk5l	31	29	overcome	overcome	VB
cord-311521-4calrk5l	31	30	the	the	DT
cord-311521-4calrk5l	31	31	depression	depression	NN
cord-311521-4calrk5l	31	32	.	.	.
cord-311521-4calrk5l	32	1	Monetarists	monetarist	NNS
cord-311521-4calrk5l	32	2	who	who	WP
cord-311521-4calrk5l	32	3	followed	follow	VBD
cord-311521-4calrk5l	32	4	Keynesians	Keynesians	NNPS
cord-311521-4calrk5l	32	5	in	in	IN
cord-311521-4calrk5l	32	6	early	early	JJ
cord-311521-4calrk5l	32	7	1960s	1960	NNS
cord-311521-4calrk5l	32	8	argued	argue	VBD
cord-311521-4calrk5l	32	9	that	that	IN
cord-311521-4calrk5l	32	10	monetary	monetary	JJ
cord-311521-4calrk5l	32	11	policy	policy	NN
cord-311521-4calrk5l	32	12	had	have	VBD
cord-311521-4calrk5l	32	13	a	a	DT
cord-311521-4calrk5l	32	14	major	major	JJ
cord-311521-4calrk5l	32	15	impact	impact	NN
cord-311521-4calrk5l	32	16	on	on	IN
cord-311521-4calrk5l	32	17	an	an	DT
cord-311521-4calrk5l	32	18	economy	economy	NN
cord-311521-4calrk5l	32	19	and	and	CC
cord-311521-4calrk5l	32	20	played	play	VBD
cord-311521-4calrk5l	32	21	an	an	DT
cord-311521-4calrk5l	32	22	important	important	JJ
cord-311521-4calrk5l	32	23	role	role	NN
cord-311521-4calrk5l	32	24	on	on	IN
cord-311521-4calrk5l	32	25	business	business	NN
cord-311521-4calrk5l	32	26	cycles	cycle	NNS
cord-311521-4calrk5l	32	27	,	,	,
cord-311521-4calrk5l	32	28	exactly	exactly	RB
cord-311521-4calrk5l	32	29	in	in	IN
cord-311521-4calrk5l	32	30	opposition	opposition	NN
cord-311521-4calrk5l	32	31	to	to	IN
cord-311521-4calrk5l	32	32	the	the	DT
cord-311521-4calrk5l	32	33	Keynesian	keynesian	JJ
cord-311521-4calrk5l	32	34	model	model	NN
cord-311521-4calrk5l	32	35	.	.	.
cord-311521-4calrk5l	33	1	However	however	RB
cord-311521-4calrk5l	33	2	,	,	,
cord-311521-4calrk5l	33	3	monetary	monetary	JJ
cord-311521-4calrk5l	33	4	policy	policy	NN
cord-311521-4calrk5l	33	5	can	can	MD
cord-311521-4calrk5l	33	6	prevent	prevent	VB
cord-311521-4calrk5l	33	7	money	money	NN
cord-311521-4calrk5l	33	8	itself	-PRON-	PRP
cord-311521-4calrk5l	33	9	from	from	IN
cord-311521-4calrk5l	33	10	being	be	VBG
cord-311521-4calrk5l	33	11	a	a	DT
cord-311521-4calrk5l	33	12	major	major	JJ
cord-311521-4calrk5l	33	13	source	source	NN
cord-311521-4calrk5l	33	14	of	of	IN
cord-311521-4calrk5l	33	15	economic	economic	JJ
cord-311521-4calrk5l	33	16	disturbance	disturbance	NN
cord-311521-4calrk5l	33	17	;	;	:
cord-311521-4calrk5l	33	18	offer	offer	VBP
cord-311521-4calrk5l	33	19	a	a	DT
cord-311521-4calrk5l	33	20	stable	stable	JJ
cord-311521-4calrk5l	33	21	background	background	NN
cord-311521-4calrk5l	33	22	of	of	IN
cord-311521-4calrk5l	33	23	expectations	expectation	NNS
cord-311521-4calrk5l	33	24	and	and	CC
cord-311521-4calrk5l	33	25	offseting	offset	VBG
cord-311521-4calrk5l	33	26	major	major	JJ
cord-311521-4calrk5l	33	27	disturbances	disturbance	NNS
cord-311521-4calrk5l	33	28	in	in	IN
cord-311521-4calrk5l	33	29	the	the	DT
cord-311521-4calrk5l	33	30	economic	economic	JJ
cord-311521-4calrk5l	33	31	system	system	NN
cord-311521-4calrk5l	33	32	arising	arise	VBG
cord-311521-4calrk5l	33	33	from	from	IN
cord-311521-4calrk5l	33	34	other	other	JJ
cord-311521-4calrk5l	33	35	sources	source	NNS
cord-311521-4calrk5l	33	36	.	.	.
cord-311521-4calrk5l	34	1	How	how	WRB
cord-311521-4calrk5l	34	2	should	should	MD
cord-311521-4calrk5l	34	3	monetary	monetary	JJ
cord-311521-4calrk5l	34	4	policy	policy	NN
cord-311521-4calrk5l	34	5	be	be	VB
cord-311521-4calrk5l	34	6	conducted	conduct	VBN
cord-311521-4calrk5l	34	7	?	?	.
cord-311521-4calrk5l	35	1	Friedman	Friedman	NNP
cord-311521-4calrk5l	35	2	advises	advise	VBZ
cord-311521-4calrk5l	35	3	that	that	IN
cord-311521-4calrk5l	35	4	the	the	DT
cord-311521-4calrk5l	35	5	most	most	RBS
cord-311521-4calrk5l	35	6	appealing	appealing	JJ
cord-311521-4calrk5l	35	7	guides	guide	NNS
cord-311521-4calrk5l	35	8	for	for	IN
cord-311521-4calrk5l	35	9	monetary	monetary	JJ
cord-311521-4calrk5l	35	10	policy	policy	NN
cord-311521-4calrk5l	35	11	are	be	VBP
cord-311521-4calrk5l	35	12	exchange	exchange	NN
cord-311521-4calrk5l	35	13	rates	rate	NNS
cord-311521-4calrk5l	35	14	,	,	,
cord-311521-4calrk5l	35	15	the	the	DT
cord-311521-4calrk5l	35	16	price	price	NN
cord-311521-4calrk5l	35	17	level	level	NN
cord-311521-4calrk5l	35	18	as	as	IN
cord-311521-4calrk5l	35	19	defined	define	VBN
cord-311521-4calrk5l	35	20	by	by	IN
cord-311521-4calrk5l	35	21	some	some	DT
cord-311521-4calrk5l	35	22	index	index	NN
cord-311521-4calrk5l	35	23	,	,	,
cord-311521-4calrk5l	35	24	and	and	CC
cord-311521-4calrk5l	35	25	the	the	DT
cord-311521-4calrk5l	35	26	quantity	quantity	NN
cord-311521-4calrk5l	35	27	of	of	IN
cord-311521-4calrk5l	35	28	some	some	DT
cord-311521-4calrk5l	35	29	monetary	monetary	JJ
cord-311521-4calrk5l	35	30	aggregate	aggregate	NN
cord-311521-4calrk5l	35	31	.	.	.
cord-311521-4calrk5l	36	1	Friedman	Friedman	NNP
cord-311521-4calrk5l	36	2	(	(	-LRB-
cord-311521-4calrk5l	36	3	1968	1968	CD
cord-311521-4calrk5l	36	4	,	,	,
cord-311521-4calrk5l	36	5	p.15	p.15	NN
cord-311521-4calrk5l	36	6	)	)	-RRB-
cord-311521-4calrk5l	36	7	asserts	assert	VBZ
cord-311521-4calrk5l	36	8	"	"	``
cord-311521-4calrk5l	36	9	I	-PRON-	PRP
cord-311521-4calrk5l	36	10	believe	believe	VBP
cord-311521-4calrk5l	36	11	that	that	IN
cord-311521-4calrk5l	36	12	a	a	DT
cord-311521-4calrk5l	36	13	monetary	monetary	JJ
cord-311521-4calrk5l	36	14	total	total	NN
cord-311521-4calrk5l	36	15	is	be	VBZ
cord-311521-4calrk5l	36	16	the	the	DT
cord-311521-4calrk5l	36	17	best	good	JJS
cord-311521-4calrk5l	36	18	currently	currently	RB
cord-311521-4calrk5l	36	19	available	available	JJ
cord-311521-4calrk5l	36	20	immediate	immediate	JJ
cord-311521-4calrk5l	36	21	guide	guide	NN
cord-311521-4calrk5l	36	22	or	or	CC
cord-311521-4calrk5l	36	23	criterion	criterion	NN
cord-311521-4calrk5l	36	24	for	for	IN
cord-311521-4calrk5l	36	25	monetary	monetary	JJ
cord-311521-4calrk5l	36	26	policy	policy	NN
cord-311521-4calrk5l	36	27	-	-	:
cord-311521-4calrk5l	36	28	and	and	CC
cord-311521-4calrk5l	36	29	I	-PRON-	PRP
cord-311521-4calrk5l	36	30	believe	believe	VBP
cord-311521-4calrk5l	36	31	that	that	IN
cord-311521-4calrk5l	36	32	it	-PRON-	PRP
cord-311521-4calrk5l	36	33	matters	matter	VBZ
cord-311521-4calrk5l	36	34	much	much	RB
cord-311521-4calrk5l	36	35	less	less	RBR
cord-311521-4calrk5l	36	36	which	which	WDT
cord-311521-4calrk5l	36	37	particular	particular	JJ
cord-311521-4calrk5l	36	38	total	total	NN
cord-311521-4calrk5l	36	39	is	be	VBZ
cord-311521-4calrk5l	36	40	chosen	choose	VBN
cord-311521-4calrk5l	36	41	than	than	IN
cord-311521-4calrk5l	36	42	that	that	DT
cord-311521-4calrk5l	36	43	one	one	CD
cord-311521-4calrk5l	36	44	be	be	VB
cord-311521-4calrk5l	36	45	chosen	choose	VBN
cord-311521-4calrk5l	36	46	.	.	.
cord-311521-4calrk5l	36	47	"	"	''
cord-311521-4calrk5l	37	1	Fifty	fifty	CD
cord-311521-4calrk5l	37	2	years	year	NNS
cord-311521-4calrk5l	37	3	later	later	RB
cord-311521-4calrk5l	37	4	,	,	,
cord-311521-4calrk5l	37	5	Mankiw	Mankiw	NNP
cord-311521-4calrk5l	37	6	and	and	CC
cord-311521-4calrk5l	37	7	Reis	Reis	NNP
cord-311521-4calrk5l	37	8	(	(	-LRB-
cord-311521-4calrk5l	37	9	2018	2018	CD
cord-311521-4calrk5l	37	10	)	)	-RRB-
cord-311521-4calrk5l	37	11	skillfully	skillfully	RB
cord-311521-4calrk5l	37	12	evaluate	evaluate	VBP
cord-311521-4calrk5l	37	13	the	the	DT
cord-311521-4calrk5l	37	14	brilliant	brilliant	JJ
cord-311521-4calrk5l	37	15	contribution	contribution	NN
cord-311521-4calrk5l	37	16	of	of	IN
cord-311521-4calrk5l	37	17	Friedman	Friedman	NNP
cord-311521-4calrk5l	37	18	on	on	IN
cord-311521-4calrk5l	37	19	modeling	model	VBG
cord-311521-4calrk5l	37	20	the	the	DT
cord-311521-4calrk5l	37	21	role	role	NN
cord-311521-4calrk5l	37	22	of	of	IN
cord-311521-4calrk5l	37	23	monetary	monetary	JJ
cord-311521-4calrk5l	37	24	policy	policy	NN
cord-311521-4calrk5l	37	25	by	by	IN
cord-311521-4calrk5l	37	26	affirming	affirm	VBG
cord-311521-4calrk5l	37	27	the	the	DT
cord-311521-4calrk5l	37	28	intellectual	intellectual	JJ
cord-311521-4calrk5l	37	29	prescience	prescience	NN
cord-311521-4calrk5l	37	30	of	of	IN
cord-311521-4calrk5l	37	31	some	some	DT
cord-311521-4calrk5l	37	32	of	of	IN
cord-311521-4calrk5l	37	33	his	-PRON-	PRP$
cord-311521-4calrk5l	37	34	proposals	proposal	NNS
cord-311521-4calrk5l	37	35	but	but	CC
cord-311521-4calrk5l	37	36	also	also	RB
cord-311521-4calrk5l	37	37	by	by	IN
cord-311521-4calrk5l	37	38	replacing	replace	VBG
cord-311521-4calrk5l	37	39	others	other	NNS
cord-311521-4calrk5l	37	40	that	that	WDT
cord-311521-4calrk5l	37	41	were	be	VBD
cord-311521-4calrk5l	37	42	less	less	RBR
cord-311521-4calrk5l	37	43	enduring	enduring	JJ
cord-311521-4calrk5l	37	44	.	.	.
cord-311521-4calrk5l	38	1	Friedman	Friedman	NNP
cord-311521-4calrk5l	38	2	's	's	POS
cord-311521-4calrk5l	38	3	view	view	NN
cord-311521-4calrk5l	38	4	that	that	IN
cord-311521-4calrk5l	38	5	in	in	IN
cord-311521-4calrk5l	38	6	the	the	DT
cord-311521-4calrk5l	38	7	long	long	JJ
cord-311521-4calrk5l	38	8	run	run	NN
cord-311521-4calrk5l	38	9	the	the	DT
cord-311521-4calrk5l	38	10	central	central	JJ
cord-311521-4calrk5l	38	11	bank	bank	NN
cord-311521-4calrk5l	38	12	can	can	MD
cord-311521-4calrk5l	38	13	not	not	RB
cord-311521-4calrk5l	38	14	peg	peg	VB
cord-311521-4calrk5l	38	15	unemployment	unemployment	NN
cord-311521-4calrk5l	38	16	nor	nor	CC
cord-311521-4calrk5l	38	17	real	real	JJ
cord-311521-4calrk5l	38	18	interest	interest	NN
cord-311521-4calrk5l	38	19	rates	rate	NNS
cord-311521-4calrk5l	38	20	has	have	VBZ
cord-311521-4calrk5l	38	21	persisted	persist	VBN
cord-311521-4calrk5l	38	22	.	.	.
cord-311521-4calrk5l	39	1	Instead	instead	RB
cord-311521-4calrk5l	39	2	of	of	IN
cord-311521-4calrk5l	39	3	targeting	target	VBG
cord-311521-4calrk5l	39	4	Friedman	Friedman	NNP
cord-311521-4calrk5l	39	5	's	's	POS
cord-311521-4calrk5l	39	6	suggested	suggest	VBN
cord-311521-4calrk5l	39	7	variable	variable	NN
cord-311521-4calrk5l	39	8	of	of	IN
cord-311521-4calrk5l	39	9	the	the	DT
cord-311521-4calrk5l	39	10	growth	growth	NN
cord-311521-4calrk5l	39	11	rate	rate	NN
cord-311521-4calrk5l	39	12	on	on	IN
cord-311521-4calrk5l	39	13	some	some	DT
cord-311521-4calrk5l	39	14	monetary	monetary	JJ
cord-311521-4calrk5l	39	15	aggregate	aggregate	NN
cord-311521-4calrk5l	39	16	,	,	,
cord-311521-4calrk5l	39	17	central	central	JJ
cord-311521-4calrk5l	39	18	banks	bank	NNS
cord-311521-4calrk5l	39	19	for	for	IN
cord-311521-4calrk5l	39	20	the	the	DT
cord-311521-4calrk5l	39	21	last	last	JJ
cord-311521-4calrk5l	39	22	two	two	CD
cord-311521-4calrk5l	39	23	decades	decade	NNS
cord-311521-4calrk5l	39	24	embraced	embrace	VBD
cord-311521-4calrk5l	39	25	price	price	NN
cord-311521-4calrk5l	39	26	stability	stability	NN
cord-311521-4calrk5l	39	27	and	and	CC
cord-311521-4calrk5l	39	28	in	in	IN
cord-311521-4calrk5l	39	29	particular	particular	JJ
cord-311521-4calrk5l	39	30	,	,	,
cord-311521-4calrk5l	39	31	often	often	RB
cord-311521-4calrk5l	39	32	advocate	advocate	VBP
cord-311521-4calrk5l	39	33	a	a	DT
cord-311521-4calrk5l	39	34	precise	precise	JJ
cord-311521-4calrk5l	39	35	2	2	CD
cord-311521-4calrk5l	39	36	%	%	NN
cord-311521-4calrk5l	39	37	inflation	inflation	NN
cord-311521-4calrk5l	39	38	target	target	NN
cord-311521-4calrk5l	39	39	.	.	.
cord-311521-4calrk5l	40	1	Also	also	RB
cord-311521-4calrk5l	40	2	,	,	,
cord-311521-4calrk5l	40	3	the	the	DT
cord-311521-4calrk5l	40	4	emphasis	emphasis	NN
cord-311521-4calrk5l	40	5	has	have	VBZ
cord-311521-4calrk5l	40	6	shifted	shift	VBN
cord-311521-4calrk5l	40	7	from	from	IN
cord-311521-4calrk5l	40	8	using	use	VBG
cord-311521-4calrk5l	40	9	monetary	monetary	JJ
cord-311521-4calrk5l	40	10	variables	variable	NNS
cord-311521-4calrk5l	40	11	as	as	IN
cord-311521-4calrk5l	40	12	tools	tool	NNS
cord-311521-4calrk5l	40	13	to	to	IN
cord-311521-4calrk5l	40	14	using	use	VBG
cord-311521-4calrk5l	40	15	the	the	DT
cord-311521-4calrk5l	40	16	very	very	RB
cord-311521-4calrk5l	40	17	short	short	JJ
cord-311521-4calrk5l	40	18	term	term	NN
cord-311521-4calrk5l	40	19	interest	interest	NN
cord-311521-4calrk5l	40	20	rate	rate	NN
cord-311521-4calrk5l	40	21	.	.	.
cord-311521-4calrk5l	41	1	Mankiw	Mankiw	NNP
cord-311521-4calrk5l	41	2	and	and	CC
cord-311521-4calrk5l	41	3	Reis	Reis	NNP
cord-311521-4calrk5l	41	4	(	(	-LRB-
cord-311521-4calrk5l	41	5	2018	2018	CD
cord-311521-4calrk5l	41	6	)	)	-RRB-
cord-311521-4calrk5l	41	7	give	give	VB
cord-311521-4calrk5l	41	8	a	a	DT
cord-311521-4calrk5l	41	9	J	J	NNP
cord-311521-4calrk5l	41	10	o	o	NN
cord-311521-4calrk5l	41	11	u	u	NN
cord-311521-4calrk5l	41	12	r	r	NN
cord-311521-4calrk5l	41	13	n	n	NN
cord-311521-4calrk5l	41	14	a	a	DT
cord-311521-4calrk5l	41	15	l	l	NN
cord-311521-4calrk5l	41	16	P	p	NN
cord-311521-4calrk5l	41	17	r	r	NN
cord-311521-4calrk5l	41	18	e	e	NN
cord-311521-4calrk5l	41	19	-p	-p	NN
cord-311521-4calrk5l	42	1	r	r	NNP
cord-311521-4calrk5l	42	2	o	o	NN
cord-311521-4calrk5l	42	3	o	o	NN
cord-311521-4calrk5l	42	4	f	f	NN
cord-311521-4calrk5l	42	5	detailed	detailed	JJ
cord-311521-4calrk5l	42	6	exposition	exposition	NN
cord-311521-4calrk5l	42	7	of	of	IN
cord-311521-4calrk5l	42	8	the	the	DT
cord-311521-4calrk5l	42	9	role	role	NN
cord-311521-4calrk5l	42	10	of	of	IN
cord-311521-4calrk5l	42	11	the	the	DT
cord-311521-4calrk5l	42	12	natural	natural	JJ
cord-311521-4calrk5l	42	13	rate	rate	NN
cord-311521-4calrk5l	42	14	of	of	IN
cord-311521-4calrk5l	42	15	interest	interest	NN
cord-311521-4calrk5l	42	16	,	,	,
cord-311521-4calrk5l	42	17	introduced	introduce	VBN
cord-311521-4calrk5l	42	18	by	by	IN
cord-311521-4calrk5l	42	19	Knut	Knut	NNP
cord-311521-4calrk5l	42	20	Wicksel	Wicksel	NNP
cord-311521-4calrk5l	42	21	,	,	,
cord-311521-4calrk5l	42	22	and	and	CC
cord-311521-4calrk5l	42	23	explain	explain	VB
cord-311521-4calrk5l	42	24	how	how	WRB
cord-311521-4calrk5l	42	25	central	central	JJ
cord-311521-4calrk5l	42	26	banks	bank	NNS
cord-311521-4calrk5l	42	27	currently	currently	RB
cord-311521-4calrk5l	42	28	interpret	interpret	VBP
cord-311521-4calrk5l	42	29	inflation	inflation	NN
cord-311521-4calrk5l	42	30	targets	target	NNS
cord-311521-4calrk5l	42	31	in	in	IN
cord-311521-4calrk5l	42	32	a	a	DT
cord-311521-4calrk5l	42	33	flexible	flexible	JJ
cord-311521-4calrk5l	42	34	framework	framework	NN
cord-311521-4calrk5l	42	35	that	that	WDT
cord-311521-4calrk5l	42	36	adjusts	adjust	VBZ
cord-311521-4calrk5l	42	37	to	to	IN
cord-311521-4calrk5l	42	38	the	the	DT
cord-311521-4calrk5l	42	39	business	business	NN
cord-311521-4calrk5l	42	40	cycle	cycle	NN
cord-311521-4calrk5l	42	41	.	.	.
cord-311521-4calrk5l	43	1	Put	put	VB
cord-311521-4calrk5l	43	2	differently	differently	RB
cord-311521-4calrk5l	43	3	,	,	,
cord-311521-4calrk5l	43	4	the	the	DT
cord-311521-4calrk5l	43	5	short	short	JJ
cord-311521-4calrk5l	43	6	run	run	NN
cord-311521-4calrk5l	43	7	flexible	flexible	JJ
cord-311521-4calrk5l	43	8	decision	decision	NN
cord-311521-4calrk5l	43	9	-	-	HYPH
cord-311521-4calrk5l	43	10	making	making	NN
cord-311521-4calrk5l	43	11	by	by	IN
cord-311521-4calrk5l	43	12	central	central	JJ
cord-311521-4calrk5l	43	13	banks	bank	NNS
cord-311521-4calrk5l	43	14	to	to	TO
cord-311521-4calrk5l	43	15	achieve	achieve	VB
cord-311521-4calrk5l	43	16	their	-PRON-	PRP$
cord-311521-4calrk5l	43	17	mandates	mandate	NNS
cord-311521-4calrk5l	43	18	by	by	IN
cord-311521-4calrk5l	43	19	setting	set	VBG
cord-311521-4calrk5l	43	20	short	short	JJ
cord-311521-4calrk5l	43	21	term	term	NN
cord-311521-4calrk5l	43	22	interest	interest	NN
cord-311521-4calrk5l	43	23	rates	rate	NNS
cord-311521-4calrk5l	43	24	subject	subject	JJ
cord-311521-4calrk5l	43	25	to	to	IN
cord-311521-4calrk5l	43	26	new	new	JJ
cord-311521-4calrk5l	43	27	data	datum	NNS
cord-311521-4calrk5l	43	28	may	may	MD
cord-311521-4calrk5l	43	29	not	not	RB
cord-311521-4calrk5l	43	30	have	have	VB
cord-311521-4calrk5l	43	31	appealed	appeal	VBN
cord-311521-4calrk5l	43	32	to	to	IN
cord-311521-4calrk5l	43	33	Friedman	Friedman	NNP
cord-311521-4calrk5l	43	34	who	who	WP
cord-311521-4calrk5l	43	35	prefered	prefer	VBD
cord-311521-4calrk5l	43	36	a	a	DT
cord-311521-4calrk5l	43	37	much	much	RB
cord-311521-4calrk5l	43	38	longer	long	JJR
cord-311521-4calrk5l	43	39	run	run	NN
cord-311521-4calrk5l	43	40	strategy	strategy	NN
cord-311521-4calrk5l	43	41	.	.	.
cord-311521-4calrk5l	44	1	It	-PRON-	PRP
cord-311521-4calrk5l	44	2	was	be	VBD
cord-311521-4calrk5l	44	3	in	in	IN
cord-311521-4calrk5l	44	4	the	the	DT
cord-311521-4calrk5l	44	5	longrun	longrun	NN
cord-311521-4calrk5l	44	6	that	that	IN
cord-311521-4calrk5l	44	7	"	"	``
cord-311521-4calrk5l	44	8	major	major	JJ
cord-311521-4calrk5l	44	9	sources	source	NNS
cord-311521-4calrk5l	44	10	of	of	IN
cord-311521-4calrk5l	44	11	economic	economic	JJ
cord-311521-4calrk5l	44	12	disturbances	disturbance	NNS
cord-311521-4calrk5l	44	13	"	"	''
cord-311521-4calrk5l	44	14	occurred	occur	VBD
cord-311521-4calrk5l	44	15	as	as	IN
cord-311521-4calrk5l	44	16	in	in	IN
cord-311521-4calrk5l	44	17	wars	war	NNS
cord-311521-4calrk5l	44	18	,	,	,
cord-311521-4calrk5l	44	19	periods	period	NNS
cord-311521-4calrk5l	44	20	of	of	IN
cord-311521-4calrk5l	44	21	financial	financial	JJ
cord-311521-4calrk5l	44	22	exhuberance	exhuberance	NN
cord-311521-4calrk5l	44	23	or	or	CC
cord-311521-4calrk5l	44	24	panics	panic	NNS
cord-311521-4calrk5l	44	25	and	and	CC
cord-311521-4calrk5l	44	26	Friedman	Friedman	NNP
cord-311521-4calrk5l	44	27	's	's	POS
cord-311521-4calrk5l	44	28	insightful	insightful	JJ
cord-311521-4calrk5l	44	29	advice	advice	NN
cord-311521-4calrk5l	44	30	suggested	suggest	VBD
cord-311521-4calrk5l	44	31	"	"	``
cord-311521-4calrk5l	44	32	offseting	offset	VBG
cord-311521-4calrk5l	44	33	"	"	''
cord-311521-4calrk5l	44	34	such	such	JJ
cord-311521-4calrk5l	44	35	developments	development	NNS
cord-311521-4calrk5l	44	36	.	.	.
cord-311521-4calrk5l	45	1	Such	such	JJ
cord-311521-4calrk5l	45	2	"	"	``
cord-311521-4calrk5l	45	3	offseting	offseting	NN
cord-311521-4calrk5l	45	4	"	"	''
cord-311521-4calrk5l	45	5	is	be	VBZ
cord-311521-4calrk5l	45	6	central	central	JJ
cord-311521-4calrk5l	45	7	to	to	IN
cord-311521-4calrk5l	45	8	the	the	DT
cord-311521-4calrk5l	45	9	modeling	modeling	NN
cord-311521-4calrk5l	45	10	of	of	IN
cord-311521-4calrk5l	45	11	"	"	``
cord-311521-4calrk5l	45	12	unconventional	unconventional	JJ
cord-311521-4calrk5l	45	13	monetary	monetary	JJ
cord-311521-4calrk5l	45	14	policy	policy	NN
cord-311521-4calrk5l	45	15	"	"	''
cord-311521-4calrk5l	45	16	presented	present	VBN
cord-311521-4calrk5l	45	17	next	next	RB
cord-311521-4calrk5l	45	18	.	.	.
cord-311521-4calrk5l	46	1	We	-PRON-	PRP
cord-311521-4calrk5l	46	2	now	now	RB
cord-311521-4calrk5l	46	3	know	know	VBP
cord-311521-4calrk5l	46	4	that	that	IN
cord-311521-4calrk5l	46	5	the	the	DT
cord-311521-4calrk5l	46	6	financial	financial	JJ
cord-311521-4calrk5l	46	7	crisis	crisis	NN
cord-311521-4calrk5l	46	8	began	begin	VBD
cord-311521-4calrk5l	46	9	as	as	IN
cord-311521-4calrk5l	46	10	a	a	DT
cord-311521-4calrk5l	46	11	subprime	subprime	JJ
cord-311521-4calrk5l	46	12	mortgage	mortgage	NN
cord-311521-4calrk5l	46	13	lending	lending	NN
cord-311521-4calrk5l	46	14	problem	problem	NN
cord-311521-4calrk5l	46	15	in	in	IN
cord-311521-4calrk5l	46	16	the	the	DT
cord-311521-4calrk5l	46	17	economy	economy	NN
cord-311521-4calrk5l	46	18	.	.	.
cord-311521-4calrk5l	47	1	It	-PRON-	PRP
cord-311521-4calrk5l	47	2	had	have	VBD
cord-311521-4calrk5l	47	3	also	also	RB
cord-311521-4calrk5l	47	4	validated	validate	VBN
cord-311521-4calrk5l	47	5	that	that	IN
cord-311521-4calrk5l	47	6	using	use	VBG
cord-311521-4calrk5l	47	7	the	the	DT
cord-311521-4calrk5l	47	8	fed	fed	NNP
cord-311521-4calrk5l	47	9	funds	fund	NNS
cord-311521-4calrk5l	47	10	as	as	IN
cord-311521-4calrk5l	47	11	a	a	DT
cord-311521-4calrk5l	47	12	tool	tool	NN
cord-311521-4calrk5l	47	13	to	to	TO
cord-311521-4calrk5l	47	14	achieve	achieve	VB
cord-311521-4calrk5l	47	15	its	-PRON-	PRP$
cord-311521-4calrk5l	47	16	dual	dual	JJ
cord-311521-4calrk5l	47	17	mandate	mandate	NN
cord-311521-4calrk5l	47	18	was	be	VBD
cord-311521-4calrk5l	47	19	most	most	RBS
cord-311521-4calrk5l	47	20	appropriate	appropriate	JJ
cord-311521-4calrk5l	47	21	.	.	.
cord-311521-4calrk5l	48	1	These	these	DT
cord-311521-4calrk5l	48	2	significant	significant	JJ
cord-311521-4calrk5l	48	3	accomplishments	accomplishment	NNS
cord-311521-4calrk5l	48	4	of	of	IN
cord-311521-4calrk5l	48	5	monetary	monetary	JJ
cord-311521-4calrk5l	48	6	policy	policy	NN
cord-311521-4calrk5l	48	7	were	be	VBD
cord-311521-4calrk5l	48	8	called	call	VBN
cord-311521-4calrk5l	48	9	the	the	DT
cord-311521-4calrk5l	48	10	"	"	``
cord-311521-4calrk5l	48	11	great	great	JJ
cord-311521-4calrk5l	48	12	moderation	moderation	NN
cord-311521-4calrk5l	48	13	"	"	''
cord-311521-4calrk5l	48	14	.	.	.
cord-311521-4calrk5l	49	1	So	so	RB
cord-311521-4calrk5l	49	2	when	when	WRB
cord-311521-4calrk5l	49	3	unemployement	unemployement	NNP
cord-311521-4calrk5l	49	4	reached	reach	VBD
cord-311521-4calrk5l	49	5	a	a	DT
cord-311521-4calrk5l	49	6	high	high	NN
cord-311521-4calrk5l	49	7	of	of	IN
cord-311521-4calrk5l	49	8	10	10	CD
cord-311521-4calrk5l	49	9	%	%	NN
cord-311521-4calrk5l	49	10	during	during	IN
cord-311521-4calrk5l	49	11	the	the	DT
cord-311521-4calrk5l	49	12	Great	great	JJ
cord-311521-4calrk5l	49	13	Recession	recession	NN
cord-311521-4calrk5l	49	14	,	,	,
cord-311521-4calrk5l	49	15	the	the	DT
cord-311521-4calrk5l	49	16	Fed	Fed	NNP
cord-311521-4calrk5l	49	17	's	's	POS
cord-311521-4calrk5l	49	18	objective	objective	JJ
cord-311521-4calrk5l	49	19	function	function	NN
cord-311521-4calrk5l	49	20	had	have	VBD
cord-311521-4calrk5l	49	21	to	to	TO
cord-311521-4calrk5l	49	22	prioretize	prioretize	VB
cord-311521-4calrk5l	49	23	tagetting	tagette	VBG
cord-311521-4calrk5l	49	24	unemployment	unemployment	NN
cord-311521-4calrk5l	49	25	over	over	IN
cord-311521-4calrk5l	49	26	inflation	inflation	NN
cord-311521-4calrk5l	49	27	.	.	.
cord-311521-4calrk5l	50	1	Initially	initially	RB
cord-311521-4calrk5l	50	2	,	,	,
cord-311521-4calrk5l	50	3	while	while	IN
cord-311521-4calrk5l	50	4	the	the	DT
cord-311521-4calrk5l	50	5	economy	economy	NN
cord-311521-4calrk5l	50	6	was	be	VBD
cord-311521-4calrk5l	50	7	in	in	IN
cord-311521-4calrk5l	50	8	recession	recession	NN
cord-311521-4calrk5l	50	9	,	,	,
cord-311521-4calrk5l	50	10	the	the	DT
cord-311521-4calrk5l	50	11	risks	risk	NNS
cord-311521-4calrk5l	50	12	of	of	IN
cord-311521-4calrk5l	50	13	inflation	inflation	NN
cord-311521-4calrk5l	50	14	were	be	VBD
cord-311521-4calrk5l	50	15	very	very	RB
cord-311521-4calrk5l	50	16	low	low	JJ
cord-311521-4calrk5l	50	17	but	but	CC
cord-311521-4calrk5l	50	18	from	from	IN
cord-311521-4calrk5l	50	19	mid-2009	mid-2009	NN
cord-311521-4calrk5l	50	20	to	to	IN
cord-311521-4calrk5l	50	21	the	the	DT
cord-311521-4calrk5l	50	22	end	end	NN
cord-311521-4calrk5l	50	23	of	of	IN
cord-311521-4calrk5l	50	24	2015	2015	CD
cord-311521-4calrk5l	50	25	,	,	,
cord-311521-4calrk5l	50	26	when	when	WRB
cord-311521-4calrk5l	50	27	the	the	DT
cord-311521-4calrk5l	50	28	Fed	Fed	NNP
cord-311521-4calrk5l	50	29	increased	increase	VBD
cord-311521-4calrk5l	50	30	the	the	DT
cord-311521-4calrk5l	50	31	fed	fed	NNP
cord-311521-4calrk5l	50	32	funds	fund	NNS
cord-311521-4calrk5l	50	33	rate	rate	NN
cord-311521-4calrk5l	50	34	from	from	IN
cord-311521-4calrk5l	50	35	the	the	DT
cord-311521-4calrk5l	50	36	range	range	NN
cord-311521-4calrk5l	50	37	of	of	IN
cord-311521-4calrk5l	50	38	0	0	CD
cord-311521-4calrk5l	50	39	%	%	NN
cord-311521-4calrk5l	50	40	to	to	TO
cord-311521-4calrk5l	50	41	0.25	0.25	CD
cord-311521-4calrk5l	50	42	%	%	NN
cord-311521-4calrk5l	50	43	to	to	IN
cord-311521-4calrk5l	50	44	the	the	DT
cord-311521-4calrk5l	50	45	range	range	NN
cord-311521-4calrk5l	50	46	of	of	IN
cord-311521-4calrk5l	50	47	0.25	0.25	CD
cord-311521-4calrk5l	50	48	%	%	NN
cord-311521-4calrk5l	50	49	to	to	TO
cord-311521-4calrk5l	50	50	0.50	0.50	CD
cord-311521-4calrk5l	50	51	%	%	NN
cord-311521-4calrk5l	50	52	,	,	,
cord-311521-4calrk5l	50	53	the	the	DT
cord-311521-4calrk5l	50	54	assessment	assessment	NN
cord-311521-4calrk5l	50	55	of	of	IN
cord-311521-4calrk5l	50	56	pursuing	pursue	VBG
cord-311521-4calrk5l	50	57	easy	easy	JJ
cord-311521-4calrk5l	50	58	policies	policy	NNS
cord-311521-4calrk5l	50	59	to	to	TO
cord-311521-4calrk5l	50	60	achieve	achieve	VB
cord-311521-4calrk5l	50	61	maximum	maximum	JJ
cord-311521-4calrk5l	50	62	employment	employment	NN
cord-311521-4calrk5l	50	63	J	J	NNP
cord-311521-4calrk5l	50	64	o	o	NN
cord-311521-4calrk5l	50	65	u	u	NN
cord-311521-4calrk5l	50	66	r	r	NN
cord-311521-4calrk5l	50	67	n	n	NN
cord-311521-4calrk5l	50	68	a	a	DT
cord-311521-4calrk5l	50	69	l	l	NN
cord-311521-4calrk5l	50	70	P	p	NN
cord-311521-4calrk5l	50	71	r	r	NN
cord-311521-4calrk5l	50	72	e	e	NN
cord-311521-4calrk5l	50	73	-p	-p	NN
cord-311521-4calrk5l	51	1	r	r	NNP
cord-311521-4calrk5l	51	2	o	o	NN
cord-311521-4calrk5l	51	3	o	o	NN
cord-311521-4calrk5l	51	4	f	f	NN
cord-311521-4calrk5l	51	5	against	against	IN
cord-311521-4calrk5l	51	6	the	the	DT
cord-311521-4calrk5l	51	7	potential	potential	JJ
cord-311521-4calrk5l	51	8	risks	risk	NNS
cord-311521-4calrk5l	51	9	of	of	IN
cord-311521-4calrk5l	51	10	reigniting	reignite	VBG
cord-311521-4calrk5l	51	11	inflation	inflation	NN
cord-311521-4calrk5l	51	12	were	be	VBD
cord-311521-4calrk5l	51	13	continuously	continuously	RB
cord-311521-4calrk5l	51	14	monitored	monitor	VBN
cord-311521-4calrk5l	51	15	and	and	CC
cord-311521-4calrk5l	51	16	assessed	assess	VBN
cord-311521-4calrk5l	51	17	.	.	.
cord-311521-4calrk5l	52	1	The	the	DT
cord-311521-4calrk5l	52	2	importance	importance	NN
cord-311521-4calrk5l	52	3	of	of	IN
cord-311521-4calrk5l	52	4	job	job	NN
cord-311521-4calrk5l	52	5	creation	creation	NN
cord-311521-4calrk5l	52	6	as	as	IN
cord-311521-4calrk5l	52	7	the	the	DT
cord-311521-4calrk5l	52	8	primary	primary	JJ
cord-311521-4calrk5l	52	9	goal	goal	NN
cord-311521-4calrk5l	52	10	of	of	IN
cord-311521-4calrk5l	52	11	unconventional	unconventional	JJ
cord-311521-4calrk5l	52	12	monetary	monetary	JJ
cord-311521-4calrk5l	52	13	policy	policy	NN
cord-311521-4calrk5l	52	14	is	be	VBZ
cord-311521-4calrk5l	52	15	expounded	expound	VBN
cord-311521-4calrk5l	52	16	in	in	IN
cord-311521-4calrk5l	52	17	Baghestani	Baghestani	NNP
cord-311521-4calrk5l	52	18	(	(	-LRB-
cord-311521-4calrk5l	52	19	2008	2008	CD
cord-311521-4calrk5l	52	20	)	)	-RRB-
cord-311521-4calrk5l	52	21	,	,	,
cord-311521-4calrk5l	52	22	Evans	Evans	NNP
cord-311521-4calrk5l	52	23	(	(	-LRB-
cord-311521-4calrk5l	52	24	2010	2010	CD
cord-311521-4calrk5l	52	25	)	)	-RRB-
cord-311521-4calrk5l	52	26	,	,	,
cord-311521-4calrk5l	52	27	Kuttner	Kuttner	NNP
cord-311521-4calrk5l	52	28	(	(	-LRB-
cord-311521-4calrk5l	52	29	2018	2018	CD
cord-311521-4calrk5l	52	30	)	)	-RRB-
cord-311521-4calrk5l	52	31	.	.	.
cord-311521-4calrk5l	53	1	During	during	IN
cord-311521-4calrk5l	53	2	September	September	NNP
cord-311521-4calrk5l	53	3	2008	2008	CD
cord-311521-4calrk5l	53	4	,	,	,
cord-311521-4calrk5l	53	5	fed	fed	NNP
cord-311521-4calrk5l	53	6	funds	fund	NNS
cord-311521-4calrk5l	53	7	were	be	VBD
cord-311521-4calrk5l	53	8	between	between	IN
cord-311521-4calrk5l	53	9	1.75	1.75	CD
cord-311521-4calrk5l	53	10	%	%	NN
cord-311521-4calrk5l	53	11	to	to	TO
cord-311521-4calrk5l	53	12	2	2	CD
cord-311521-4calrk5l	53	13	%	%	NN
cord-311521-4calrk5l	53	14	.	.	.
cord-311521-4calrk5l	54	1	Three	three	CD
cord-311521-4calrk5l	54	2	months	month	NNS
cord-311521-4calrk5l	54	3	later	later	RB
cord-311521-4calrk5l	54	4	,	,	,
cord-311521-4calrk5l	54	5	during	during	IN
cord-311521-4calrk5l	54	6	December	December	NNP
cord-311521-4calrk5l	54	7	2008	2008	CD
cord-311521-4calrk5l	54	8	,	,	,
cord-311521-4calrk5l	54	9	fed	fed	NNP
cord-311521-4calrk5l	54	10	funds	fund	NNS
cord-311521-4calrk5l	54	11	were	be	VBD
cord-311521-4calrk5l	54	12	between	between	IN
cord-311521-4calrk5l	54	13	0	0	CD
cord-311521-4calrk5l	54	14	%	%	NN
cord-311521-4calrk5l	54	15	to	to	TO
cord-311521-4calrk5l	54	16	0.25	0.25	CD
cord-311521-4calrk5l	54	17	%	%	NN
cord-311521-4calrk5l	54	18	.	.	.
cord-311521-4calrk5l	55	1	This	this	DT
cord-311521-4calrk5l	55	2	great	great	JJ
cord-311521-4calrk5l	55	3	tool	tool	NN
cord-311521-4calrk5l	55	4	of	of	IN
cord-311521-4calrk5l	55	5	normal	normal	JJ
cord-311521-4calrk5l	55	6	monetary	monetary	JJ
cord-311521-4calrk5l	55	7	policy	policy	NN
cord-311521-4calrk5l	55	8	over	over	IN
cord-311521-4calrk5l	55	9	several	several	JJ
cord-311521-4calrk5l	55	10	decades	decade	NNS
cord-311521-4calrk5l	55	11	had	have	VBD
cord-311521-4calrk5l	55	12	become	become	VBN
cord-311521-4calrk5l	55	13	of	of	IN
cord-311521-4calrk5l	55	14	no	no	DT
cord-311521-4calrk5l	55	15	further	further	JJ
cord-311521-4calrk5l	55	16	use	use	NN
cord-311521-4calrk5l	55	17	.	.	.
cord-311521-4calrk5l	56	1	In	in	IN
cord-311521-4calrk5l	56	2	late	late	JJ
cord-311521-4calrk5l	56	3	2008	2008	CD
cord-311521-4calrk5l	56	4	,	,	,
cord-311521-4calrk5l	56	5	the	the	DT
cord-311521-4calrk5l	56	6	Fed	Fed	NNP
cord-311521-4calrk5l	56	7	decided	decide	VBD
cord-311521-4calrk5l	56	8	to	to	TO
cord-311521-4calrk5l	56	9	use	use	VB
cord-311521-4calrk5l	56	10	an	an	DT
cord-311521-4calrk5l	56	11	unconventional	unconventional	JJ
cord-311521-4calrk5l	56	12	method	method	NN
cord-311521-4calrk5l	56	13	to	to	TO
cord-311521-4calrk5l	56	14	stimulate	stimulate	VB
cord-311521-4calrk5l	56	15	the	the	DT
cord-311521-4calrk5l	56	16	U.S.	U.S.	NNP
cord-311521-4calrk5l	56	17	economy	economy	NN
cord-311521-4calrk5l	56	18	constrained	constrain	VBN
cord-311521-4calrk5l	56	19	by	by	IN
cord-311521-4calrk5l	56	20	the	the	DT
cord-311521-4calrk5l	56	21	zero	zero	CD
cord-311521-4calrk5l	56	22	lower	lower	RBR
cord-311521-4calrk5l	56	23	bound	bind	VBN
cord-311521-4calrk5l	56	24	of	of	IN
cord-311521-4calrk5l	56	25	fed	fed	NNP
cord-311521-4calrk5l	56	26	funds	fund	NNS
cord-311521-4calrk5l	56	27	.	.	.
cord-311521-4calrk5l	57	1	These	these	DT
cord-311521-4calrk5l	57	2	tools	tool	NNS
cord-311521-4calrk5l	57	3	included	include	VBD
cord-311521-4calrk5l	57	4	the	the	DT
cord-311521-4calrk5l	57	5	so	so	RB
cord-311521-4calrk5l	57	6	called	call	VBN
cord-311521-4calrk5l	57	7	Large	large	JJ
cord-311521-4calrk5l	57	8	-	-	HYPH
cord-311521-4calrk5l	57	9	Scale	scale	NN
cord-311521-4calrk5l	57	10	of	of	IN
cord-311521-4calrk5l	57	11	Asset	Asset	NNP
cord-311521-4calrk5l	57	12	Purchases	Purchases	NNPS
cord-311521-4calrk5l	57	13	(	(	-LRB-
cord-311521-4calrk5l	57	14	LSAP	LSAP	NNP
cord-311521-4calrk5l	57	15	)	)	-RRB-
cord-311521-4calrk5l	57	16	or	or	CC
cord-311521-4calrk5l	57	17	Quantitative	quantitative	JJ
cord-311521-4calrk5l	57	18	Easing	Easing	NNP
cord-311521-4calrk5l	57	19	(	(	-LRB-
cord-311521-4calrk5l	57	20	QE	QE	NNP
cord-311521-4calrk5l	57	21	)	)	-RRB-
cord-311521-4calrk5l	57	22	.	.	.
cord-311521-4calrk5l	58	1	The	the	DT
cord-311521-4calrk5l	58	2	tool	tool	NN
cord-311521-4calrk5l	58	3	of	of	IN
cord-311521-4calrk5l	58	4	QE	QE	NNP
cord-311521-4calrk5l	58	5	consists	consist	VBZ
cord-311521-4calrk5l	58	6	of	of	IN
cord-311521-4calrk5l	58	7	the	the	DT
cord-311521-4calrk5l	58	8	Federal	Federal	NNP
cord-311521-4calrk5l	58	9	Reserve	Reserve	NNP
cord-311521-4calrk5l	58	10	purchasing	purchase	VBG
cord-311521-4calrk5l	58	11	longer	long	JJR
cord-311521-4calrk5l	58	12	-	-	HYPH
cord-311521-4calrk5l	58	13	term	term	NN
cord-311521-4calrk5l	58	14	U.S.	U.S.	NNP
cord-311521-4calrk5l	58	15	Treasury	Treasury	NNP
cord-311521-4calrk5l	58	16	securities	security	NNS
cord-311521-4calrk5l	58	17	and	and	CC
cord-311521-4calrk5l	58	18	agency	agency	NN
cord-311521-4calrk5l	58	19	mortgage	mortgage	NN
cord-311521-4calrk5l	58	20	-	-	HYPH
cord-311521-4calrk5l	58	21	backed	back	VBN
cord-311521-4calrk5l	58	22	securities	security	NNS
cord-311521-4calrk5l	58	23	(	(	-LRB-
cord-311521-4calrk5l	58	24	MBS	MBS	NNP
cord-311521-4calrk5l	58	25	)	)	-RRB-
cord-311521-4calrk5l	58	26	with	with	IN
cord-311521-4calrk5l	58	27	the	the	DT
cord-311521-4calrk5l	58	28	aim	aim	NN
cord-311521-4calrk5l	58	29	of	of	IN
cord-311521-4calrk5l	58	30	driving	drive	VBG
cord-311521-4calrk5l	58	31	down	down	RP
cord-311521-4calrk5l	58	32	longer	long	JJR
cord-311521-4calrk5l	58	33	-	-	HYPH
cord-311521-4calrk5l	58	34	term	term	NN
cord-311521-4calrk5l	58	35	interest	interest	NN
cord-311521-4calrk5l	58	36	rates	rate	NNS
cord-311521-4calrk5l	58	37	,	,	,
cord-311521-4calrk5l	58	38	thereby	thereby	RB
cord-311521-4calrk5l	58	39	stimulating	stimulate	VBG
cord-311521-4calrk5l	58	40	economic	economic	JJ
cord-311521-4calrk5l	58	41	activity	activity	NN
cord-311521-4calrk5l	58	42	.	.	.
cord-311521-4calrk5l	59	1	In	in	IN
cord-311521-4calrk5l	59	2	other	other	JJ
cord-311521-4calrk5l	59	3	words	word	NNS
cord-311521-4calrk5l	59	4	,	,	,
cord-311521-4calrk5l	59	5	if	if	IN
cord-311521-4calrk5l	59	6	the	the	DT
cord-311521-4calrk5l	59	7	short	short	JJ
cord-311521-4calrk5l	59	8	-	-	HYPH
cord-311521-4calrk5l	59	9	term	term	NN
cord-311521-4calrk5l	59	10	fed	fed	NNP
cord-311521-4calrk5l	59	11	funds	fund	NNS
cord-311521-4calrk5l	59	12	rate	rate	NN
cord-311521-4calrk5l	59	13	has	have	VBZ
cord-311521-4calrk5l	59	14	reached	reach	VBN
cord-311521-4calrk5l	59	15	the	the	DT
cord-311521-4calrk5l	59	16	zero	zero	CD
cord-311521-4calrk5l	59	17	level	level	NN
cord-311521-4calrk5l	59	18	and	and	CC
cord-311521-4calrk5l	59	19	can	can	MD
cord-311521-4calrk5l	59	20	not	not	RB
cord-311521-4calrk5l	59	21	go	go	VB
cord-311521-4calrk5l	59	22	any	any	DT
cord-311521-4calrk5l	59	23	lower	lower	RBR
cord-311521-4calrk5l	59	24	,	,	,
cord-311521-4calrk5l	59	25	the	the	DT
cord-311521-4calrk5l	59	26	next	next	JJ
cord-311521-4calrk5l	59	27	option	option	NN
cord-311521-4calrk5l	59	28	for	for	IN
cord-311521-4calrk5l	59	29	the	the	DT
cord-311521-4calrk5l	59	30	Fed	Fed	NNP
cord-311521-4calrk5l	59	31	to	to	TO
cord-311521-4calrk5l	59	32	accomplish	accomplish	VB
cord-311521-4calrk5l	59	33	its	-PRON-	PRP$
cord-311521-4calrk5l	59	34	dual	dual	JJ
cord-311521-4calrk5l	59	35	mandate	mandate	NN
cord-311521-4calrk5l	59	36	was	be	VBD
cord-311521-4calrk5l	59	37	to	to	TO
cord-311521-4calrk5l	59	38	target	target	VB
cord-311521-4calrk5l	59	39	the	the	DT
cord-311521-4calrk5l	59	40	longer	long	JJR
cord-311521-4calrk5l	59	41	-	-	HYPH
cord-311521-4calrk5l	59	42	term	term	NN
cord-311521-4calrk5l	59	43	interest	interest	NN
cord-311521-4calrk5l	59	44	rate	rate	NN
cord-311521-4calrk5l	59	45	.	.	.
cord-311521-4calrk5l	60	1	Independent	independent	JJ
cord-311521-4calrk5l	60	2	of	of	IN
cord-311521-4calrk5l	60	3	the	the	DT
cord-311521-4calrk5l	60	4	debate	debate	NN
cord-311521-4calrk5l	60	5	whether	whether	IN
cord-311521-4calrk5l	60	6	the	the	DT
cord-311521-4calrk5l	60	7	Fed	Fed	NNP
cord-311521-4calrk5l	60	8	can	can	MD
cord-311521-4calrk5l	60	9	influence	influence	VB
cord-311521-4calrk5l	60	10	longer	long	JJR
cord-311521-4calrk5l	60	11	-	-	HYPH
cord-311521-4calrk5l	60	12	term	term	NN
cord-311521-4calrk5l	60	13	interest	interest	NN
cord-311521-4calrk5l	60	14	rates	rate	NNS
cord-311521-4calrk5l	60	15	,	,	,
cord-311521-4calrk5l	60	16	Bernanke	Bernanke	NNP
cord-311521-4calrk5l	60	17	(	(	-LRB-
cord-311521-4calrk5l	60	18	2012	2012	CD
cord-311521-4calrk5l	60	19	Bernanke	Bernanke	NNP
cord-311521-4calrk5l	60	20	(	(	-LRB-
cord-311521-4calrk5l	60	21	,	,	,
cord-311521-4calrk5l	60	22	2015	2015	CD
cord-311521-4calrk5l	60	23	argues	argue	VBZ
cord-311521-4calrk5l	60	24	that	that	IN
cord-311521-4calrk5l	60	25	QE	QE	NNP
cord-311521-4calrk5l	60	26	works	work	VBZ
cord-311521-4calrk5l	60	27	via	via	IN
cord-311521-4calrk5l	60	28	the	the	DT
cord-311521-4calrk5l	60	29	portfolio	portfolio	NN
cord-311521-4calrk5l	60	30	balance	balance	NN
cord-311521-4calrk5l	60	31	channel	channel	NNP
cord-311521-4calrk5l	60	32	.	.	.
cord-311521-4calrk5l	61	1	The	the	DT
cord-311521-4calrk5l	61	2	simple	simple	JJ
cord-311521-4calrk5l	61	3	logic	logic	NN
cord-311521-4calrk5l	61	4	of	of	IN
cord-311521-4calrk5l	61	5	this	this	DT
cord-311521-4calrk5l	61	6	channel	channel	NN
cord-311521-4calrk5l	61	7	indicates	indicate	VBZ
cord-311521-4calrk5l	61	8	that	that	IN
cord-311521-4calrk5l	61	9	different	different	JJ
cord-311521-4calrk5l	61	10	classes	class	NNS
cord-311521-4calrk5l	61	11	of	of	IN
cord-311521-4calrk5l	61	12	financial	financial	JJ
cord-311521-4calrk5l	61	13	assets	asset	NNS
cord-311521-4calrk5l	61	14	are	be	VBP
cord-311521-4calrk5l	61	15	not	not	RB
cord-311521-4calrk5l	61	16	perfect	perfect	JJ
cord-311521-4calrk5l	61	17	substitutes	substitute	NNS
cord-311521-4calrk5l	61	18	in	in	IN
cord-311521-4calrk5l	61	19	portfolios	portfolio	NNS
cord-311521-4calrk5l	61	20	formed	form	VBN
cord-311521-4calrk5l	61	21	by	by	IN
cord-311521-4calrk5l	61	22	investors	investor	NNS
cord-311521-4calrk5l	61	23	and	and	CC
cord-311521-4calrk5l	61	24	if	if	IN
cord-311521-4calrk5l	61	25	the	the	DT
cord-311521-4calrk5l	61	26	Fed	Fed	NNP
cord-311521-4calrk5l	61	27	can	can	MD
cord-311521-4calrk5l	61	28	purchase	purchase	VB
cord-311521-4calrk5l	61	29	large	large	JJ
cord-311521-4calrk5l	61	30	quantities	quantity	NNS
cord-311521-4calrk5l	61	31	of	of	IN
cord-311521-4calrk5l	61	32	a	a	DT
cord-311521-4calrk5l	61	33	certain	certain	JJ
cord-311521-4calrk5l	61	34	asset	asset	NN
cord-311521-4calrk5l	61	35	and	and	CC
cord-311521-4calrk5l	61	36	influence	influence	VB
cord-311521-4calrk5l	61	37	its	-PRON-	PRP$
cord-311521-4calrk5l	61	38	price	price	NN
cord-311521-4calrk5l	61	39	and	and	CC
cord-311521-4calrk5l	61	40	therefore	therefore	RB
cord-311521-4calrk5l	61	41	its	-PRON-	PRP$
cord-311521-4calrk5l	61	42	yield	yield	NN
cord-311521-4calrk5l	61	43	,	,	,
cord-311521-4calrk5l	61	44	such	such	JJ
cord-311521-4calrk5l	61	45	changes	change	NNS
cord-311521-4calrk5l	61	46	may	may	MD
cord-311521-4calrk5l	61	47	,	,	,
cord-311521-4calrk5l	61	48	through	through	IN
cord-311521-4calrk5l	61	49	arbitrage	arbitrage	NN
cord-311521-4calrk5l	61	50	transactions	transaction	NNS
cord-311521-4calrk5l	61	51	,	,	,
cord-311521-4calrk5l	61	52	spread	spread	VBN
cord-311521-4calrk5l	61	53	to	to	IN
cord-311521-4calrk5l	61	54	other	other	JJ
cord-311521-4calrk5l	61	55	asset	asset	NN
cord-311521-4calrk5l	61	56	classes	class	NNS
cord-311521-4calrk5l	61	57	.	.	.
cord-311521-4calrk5l	62	1	If	if	IN
cord-311521-4calrk5l	62	2	the	the	DT
cord-311521-4calrk5l	62	3	final	final	JJ
cord-311521-4calrk5l	62	4	result	result	NN
cord-311521-4calrk5l	62	5	of	of	IN
cord-311521-4calrk5l	62	6	QE	QE	NNP
cord-311521-4calrk5l	62	7	is	be	VBZ
cord-311521-4calrk5l	62	8	the	the	DT
cord-311521-4calrk5l	62	9	increase	increase	NN
cord-311521-4calrk5l	62	10	of	of	IN
cord-311521-4calrk5l	62	11	long	long	JJ
cord-311521-4calrk5l	62	12	-	-	HYPH
cord-311521-4calrk5l	62	13	term	term	NN
cord-311521-4calrk5l	62	14	bond	bond	NN
cord-311521-4calrk5l	62	15	prices	price	NNS
cord-311521-4calrk5l	62	16	and	and	CC
cord-311521-4calrk5l	62	17	the	the	DT
cord-311521-4calrk5l	62	18	decline	decline	NN
cord-311521-4calrk5l	62	19	of	of	IN
cord-311521-4calrk5l	62	20	yields	yield	NNS
cord-311521-4calrk5l	62	21	across	across	IN
cord-311521-4calrk5l	62	22	many	many	JJ
cord-311521-4calrk5l	62	23	asset	asset	NN
cord-311521-4calrk5l	62	24	classes	class	NNS
cord-311521-4calrk5l	62	25	,	,	,
cord-311521-4calrk5l	62	26	the	the	DT
cord-311521-4calrk5l	62	27	overall	overall	JJ
cord-311521-4calrk5l	62	28	economic	economic	JJ
cord-311521-4calrk5l	62	29	result	result	NN
cord-311521-4calrk5l	62	30	is	be	VBZ
cord-311521-4calrk5l	62	31	an	an	DT
cord-311521-4calrk5l	62	32	increase	increase	NN
cord-311521-4calrk5l	62	33	in	in	IN
cord-311521-4calrk5l	62	34	wealth	wealth	NN
cord-311521-4calrk5l	62	35	that	that	WDT
cord-311521-4calrk5l	62	36	leads	lead	VBZ
cord-311521-4calrk5l	62	37	to	to	IN
cord-311521-4calrk5l	62	38	more	more	JJR
cord-311521-4calrk5l	62	39	consumption	consumption	NN
cord-311521-4calrk5l	62	40	and	and	CC
cord-311521-4calrk5l	62	41	investment	investment	NN
cord-311521-4calrk5l	62	42	.	.	.
cord-311521-4calrk5l	63	1	With	with	IN
cord-311521-4calrk5l	63	2	increases	increase	NNS
cord-311521-4calrk5l	63	3	in	in	IN
cord-311521-4calrk5l	63	4	consumption	consumption	NN
cord-311521-4calrk5l	63	5	and	and	CC
cord-311521-4calrk5l	63	6	investment	investment	NN
cord-311521-4calrk5l	63	7	,	,	,
cord-311521-4calrk5l	63	8	the	the	DT
cord-311521-4calrk5l	63	9	economy	economy	NN
cord-311521-4calrk5l	63	10	grows	grow	VBZ
cord-311521-4calrk5l	63	11	and	and	CC
cord-311521-4calrk5l	63	12	generates	generate	VBZ
cord-311521-4calrk5l	63	13	jobs	job	NNS
cord-311521-4calrk5l	63	14	to	to	TO
cord-311521-4calrk5l	63	15	achieve	achieve	VB
cord-311521-4calrk5l	63	16	the	the	DT
cord-311521-4calrk5l	63	17	Fed	Fed	NNP
cord-311521-4calrk5l	63	18	's	's	POS
cord-311521-4calrk5l	63	19	goal	goal	NN
cord-311521-4calrk5l	63	20	of	of	IN
cord-311521-4calrk5l	63	21	maximum	maximum	JJ
cord-311521-4calrk5l	63	22	employment	employment	NN
cord-311521-4calrk5l	63	23	.	.	.
cord-311521-4calrk5l	64	1	Not	not	RB
cord-311521-4calrk5l	64	2	all	all	DT
cord-311521-4calrk5l	64	3	economists	economist	NNS
cord-311521-4calrk5l	64	4	accept	accept	VBP
cord-311521-4calrk5l	64	5	this	this	DT
cord-311521-4calrk5l	64	6	line	line	NN
cord-311521-4calrk5l	64	7	of	of	IN
cord-311521-4calrk5l	64	8	reasoning	reasoning	NN
cord-311521-4calrk5l	64	9	.	.	.
cord-311521-4calrk5l	65	1	Thornton	Thornton	NNP
cord-311521-4calrk5l	65	2	(	(	-LRB-
cord-311521-4calrk5l	65	3	2014	2014	CD
cord-311521-4calrk5l	65	4	)	)	-RRB-
cord-311521-4calrk5l	65	5	does	do	VBZ
cord-311521-4calrk5l	65	6	not	not	RB
cord-311521-4calrk5l	65	7	find	find	VB
cord-311521-4calrk5l	65	8	any	any	DT
cord-311521-4calrk5l	65	9	empirical	empirical	JJ
cord-311521-4calrk5l	65	10	evidence	evidence	NN
cord-311521-4calrk5l	65	11	in	in	IN
cord-311521-4calrk5l	65	12	support	support	NN
cord-311521-4calrk5l	65	13	of	of	IN
cord-311521-4calrk5l	65	14	the	the	DT
cord-311521-4calrk5l	65	15	portfolio	portfolio	NN
cord-311521-4calrk5l	65	16	balance	balance	NN
cord-311521-4calrk5l	65	17	channel	channel	NNP
cord-311521-4calrk5l	65	18	and	and	CC
cord-311521-4calrk5l	65	19	Taylor	Taylor	NNP
cord-311521-4calrk5l	65	20	(	(	-LRB-
cord-311521-4calrk5l	65	21	2014	2014	CD
cord-311521-4calrk5l	65	22	)	)	-RRB-
cord-311521-4calrk5l	65	23	 	 	_SP
cord-311521-4calrk5l	65	24	Pieces	Pieces	NNPS
cord-311521-4calrk5l	65	25	of	of	IN
cord-311521-4calrk5l	65	26	the	the	DT
cord-311521-4calrk5l	65	27	unconventional	unconventional	JJ
cord-311521-4calrk5l	65	28	monetary	monetary	JJ
cord-311521-4calrk5l	65	29	policy	policy	NN
cord-311521-4calrk5l	65	30	modeling	modeling	NN
cord-311521-4calrk5l	65	31	evolved	evolve	VBD
cord-311521-4calrk5l	65	32	gradually	gradually	RB
cord-311521-4calrk5l	65	33	.	.	.
cord-311521-4calrk5l	66	1	Bernanke	Bernanke	NNP
cord-311521-4calrk5l	66	2	(	(	-LRB-
cord-311521-4calrk5l	66	3	2012	2012	CD
cord-311521-4calrk5l	66	4	)	)	-RRB-
cord-311521-4calrk5l	66	5	and	and	CC
cord-311521-4calrk5l	66	6	Kuttner	Kuttner	NNP
cord-311521-4calrk5l	66	7	(	(	-LRB-
cord-311521-4calrk5l	66	8	2018	2018	CD
cord-311521-4calrk5l	66	9	)	)	-RRB-
cord-311521-4calrk5l	66	10	discuss	discuss	VB
cord-311521-4calrk5l	66	11	the	the	DT
cord-311521-4calrk5l	66	12	progression	progression	NN
cord-311521-4calrk5l	66	13	of	of	IN
cord-311521-4calrk5l	66	14	QE	QE	NNP
cord-311521-4calrk5l	66	15	in	in	IN
cord-311521-4calrk5l	66	16	detail	detail	NN
cord-311521-4calrk5l	66	17	.	.	.
cord-311521-4calrk5l	67	1	It	-PRON-	PRP
cord-311521-4calrk5l	67	2	was	be	VBD
cord-311521-4calrk5l	67	3	not	not	RB
cord-311521-4calrk5l	67	4	known	know	VBN
cord-311521-4calrk5l	67	5	at	at	IN
cord-311521-4calrk5l	67	6	the	the	DT
cord-311521-4calrk5l	67	7	beginning	beginning	NN
cord-311521-4calrk5l	67	8	how	how	WRB
cord-311521-4calrk5l	67	9	many	many	JJ
cord-311521-4calrk5l	67	10	rounds	round	NNS
cord-311521-4calrk5l	67	11	of	of	IN
cord-311521-4calrk5l	67	12	QE	QE	NNP
cord-311521-4calrk5l	67	13	were	be	VBD
cord-311521-4calrk5l	67	14	necessary	necessary	JJ
cord-311521-4calrk5l	67	15	for	for	IN
cord-311521-4calrk5l	67	16	the	the	DT
cord-311521-4calrk5l	67	17	restoration	restoration	NN
cord-311521-4calrk5l	67	18	of	of	IN
cord-311521-4calrk5l	67	19	financial	financial	JJ
cord-311521-4calrk5l	67	20	stability	stability	NN
cord-311521-4calrk5l	67	21	in	in	IN
cord-311521-4calrk5l	67	22	the	the	DT
cord-311521-4calrk5l	67	23	financial	financial	JJ
cord-311521-4calrk5l	67	24	sector	sector	NN
cord-311521-4calrk5l	67	25	and	and	CC
cord-311521-4calrk5l	67	26	economic	economic	JJ
cord-311521-4calrk5l	67	27	recovery	recovery	NN
cord-311521-4calrk5l	67	28	in	in	IN
cord-311521-4calrk5l	67	29	the	the	DT
cord-311521-4calrk5l	67	30	real	real	JJ
cord-311521-4calrk5l	67	31	economy	economy	NN
cord-311521-4calrk5l	67	32	.	.	.
cord-311521-4calrk5l	68	1	Today	today	NN
cord-311521-4calrk5l	68	2	,	,	,
cord-311521-4calrk5l	68	3	with	with	IN
cord-311521-4calrk5l	68	4	the	the	DT
cord-311521-4calrk5l	68	5	benefit	benefit	NN
cord-311521-4calrk5l	68	6	of	of	IN
cord-311521-4calrk5l	68	7	historical	historical	JJ
cord-311521-4calrk5l	68	8	experience	experience	NN
cord-311521-4calrk5l	68	9	we	-PRON-	PRP
cord-311521-4calrk5l	68	10	know	know	VBP
cord-311521-4calrk5l	68	11	that	that	IN
cord-311521-4calrk5l	68	12	the	the	DT
cord-311521-4calrk5l	68	13	Fed	Fed	NNP
cord-311521-4calrk5l	68	14	executed	execute	VBD
cord-311521-4calrk5l	68	15	3	3	CD
cord-311521-4calrk5l	68	16	main	main	JJ
cord-311521-4calrk5l	68	17	rounds	round	NNS
cord-311521-4calrk5l	68	18	of	of	IN
cord-311521-4calrk5l	68	19	QE	QE	NNP
cord-311521-4calrk5l	68	20	.	.	.
cord-311521-4calrk5l	68	21	 	 	_SP
cord-311521-4calrk5l	69	1	During	during	IN
cord-311521-4calrk5l	69	2	the	the	DT
cord-311521-4calrk5l	69	3	long	long	JJ
cord-311521-4calrk5l	69	4	period	period	NN
cord-311521-4calrk5l	69	5	of	of	IN
cord-311521-4calrk5l	69	6	about	about	RB
cord-311521-4calrk5l	69	7	seven	seven	CD
cord-311521-4calrk5l	69	8	years	year	NNS
cord-311521-4calrk5l	69	9	,	,	,
cord-311521-4calrk5l	69	10	2008	2008	CD
cord-311521-4calrk5l	69	11	-	-	SYM
cord-311521-4calrk5l	69	12	2015	2015	CD
cord-311521-4calrk5l	69	13	,	,	,
cord-311521-4calrk5l	69	14	with	with	IN
cord-311521-4calrk5l	69	15	fed	fed	NNP
cord-311521-4calrk5l	69	16	funds	fund	NNS
cord-311521-4calrk5l	69	17	rate	rate	NN
cord-311521-4calrk5l	69	18	remaining	remain	VBG
cord-311521-4calrk5l	69	19	essentially	essentially	RB
cord-311521-4calrk5l	69	20	at	at	IN
cord-311521-4calrk5l	69	21	zero	zero	CD
cord-311521-4calrk5l	69	22	,	,	,
cord-311521-4calrk5l	69	23	monetary	monetary	JJ
cord-311521-4calrk5l	69	24	policy	policy	NN
cord-311521-4calrk5l	69	25	followed	follow	VBD
cord-311521-4calrk5l	69	26	QE	QE	NNP
cord-311521-4calrk5l	69	27	and	and	CC
cord-311521-4calrk5l	69	28	increased	increase	VBD
cord-311521-4calrk5l	69	29	its	-PRON-	PRP$
cord-311521-4calrk5l	69	30	balance	balance	NN
cord-311521-4calrk5l	69	31	sheet	sheet	NN
cord-311521-4calrk5l	69	32	from	from	IN
cord-311521-4calrk5l	69	33	about	about	IN
cord-311521-4calrk5l	69	34	1	1	CD
cord-311521-4calrk5l	69	35	trillion	trillion	CD
cord-311521-4calrk5l	69	36	to	to	TO
cord-311521-4calrk5l	69	37	4.5	4.5	CD
cord-311521-4calrk5l	69	38	trillion	trillion	CD
cord-311521-4calrk5l	69	39	to	to	TO
cord-311521-4calrk5l	69	40	stimulate	stimulate	VB
cord-311521-4calrk5l	69	41	the	the	DT
cord-311521-4calrk5l	69	42	economy	economy	NN
cord-311521-4calrk5l	69	43	that	that	WDT
cord-311521-4calrk5l	69	44	found	find	VBD
cord-311521-4calrk5l	69	45	itself	-PRON-	PRP
cord-311521-4calrk5l	69	46	to	to	TO
cord-311521-4calrk5l	69	47	be	be	VB
cord-311521-4calrk5l	69	48	in	in	IN
cord-311521-4calrk5l	69	49	a	a	DT
cord-311521-4calrk5l	69	50	liquidity	liquidity	NN
cord-311521-4calrk5l	69	51	trap	trap	NN
cord-311521-4calrk5l	69	52	.	.	.
cord-311521-4calrk5l	70	1	The	the	DT
cord-311521-4calrk5l	70	2	use	use	NN
cord-311521-4calrk5l	70	3	of	of	IN
cord-311521-4calrk5l	70	4	QE	QE	NNP
cord-311521-4calrk5l	70	5	was	be	VBD
cord-311521-4calrk5l	70	6	motivated	motivate	VBN
cord-311521-4calrk5l	70	7	by	by	IN
cord-311521-4calrk5l	70	8	the	the	DT
cord-311521-4calrk5l	70	9	pursuit	pursuit	NN
cord-311521-4calrk5l	70	10	of	of	IN
cord-311521-4calrk5l	70	11	its	-PRON-	PRP$
cord-311521-4calrk5l	70	12	goal	goal	NN
cord-311521-4calrk5l	70	13	of	of	IN
cord-311521-4calrk5l	70	14	maximum	maximum	JJ
cord-311521-4calrk5l	70	15	employment	employment	NN
cord-311521-4calrk5l	70	16	.	.	.
cord-311521-4calrk5l	71	1	It	-PRON-	PRP
cord-311521-4calrk5l	71	2	was	be	VBD
cord-311521-4calrk5l	71	3	modeled	model	VBN
cord-311521-4calrk5l	71	4	in	in	IN
cord-311521-4calrk5l	71	5	J	J	NNP
cord-311521-4calrk5l	71	6	o	o	NNP
cord-311521-4calrk5l	71	7	u	u	NN
cord-311521-4calrk5l	71	8	r	r	NN
cord-311521-4calrk5l	71	9	n	n	NN
cord-311521-4calrk5l	71	10	a	a	DT
cord-311521-4calrk5l	71	11	l	l	NN
cord-311521-4calrk5l	71	12	P	p	NN
cord-311521-4calrk5l	71	13	r	r	NN
cord-311521-4calrk5l	71	14	e	e	NN
cord-311521-4calrk5l	71	15	-p	-p	NN
cord-311521-4calrk5l	71	16	r	r	NN
cord-311521-4calrk5l	71	17	o	o	NN
cord-311521-4calrk5l	71	18	o	o	NN
cord-311521-4calrk5l	71	19	f	f	NN
cord-311521-4calrk5l	71	20	Friedman	Friedman	NNP
cord-311521-4calrk5l	71	21	's	's	POS
cord-311521-4calrk5l	71	22	belief	belief	NN
cord-311521-4calrk5l	71	23	that	that	IN
cord-311521-4calrk5l	71	24	it	-PRON-	PRP
cord-311521-4calrk5l	71	25	is	be	VBZ
cord-311521-4calrk5l	71	26	the	the	DT
cord-311521-4calrk5l	71	27	role	role	NN
cord-311521-4calrk5l	71	28	of	of	IN
cord-311521-4calrk5l	71	29	monetary	monetary	JJ
cord-311521-4calrk5l	71	30	policy	policy	NN
cord-311521-4calrk5l	71	31	to	to	TO
cord-311521-4calrk5l	71	32	offset	offset	VB
cord-311521-4calrk5l	71	33	major	major	JJ
cord-311521-4calrk5l	71	34	economic	economic	JJ
cord-311521-4calrk5l	71	35	disturbances	disturbance	NNS
cord-311521-4calrk5l	71	36	and	and	CC
cord-311521-4calrk5l	71	37	the	the	DT
cord-311521-4calrk5l	71	38	prediction	prediction	NN
cord-311521-4calrk5l	71	39	of	of	IN
cord-311521-4calrk5l	71	40	lowering	lower	VBG
cord-311521-4calrk5l	71	41	unemployment	unemployment	NN
cord-311521-4calrk5l	71	42	was	be	VBD
cord-311521-4calrk5l	71	43	viewed	view	VBN
cord-311521-4calrk5l	71	44	as	as	IN
cord-311521-4calrk5l	71	45	verification	verification	NN
cord-311521-4calrk5l	71	46	of	of	IN
cord-311521-4calrk5l	71	47	its	-PRON-	PRP$
cord-311521-4calrk5l	71	48	appropriateness	appropriateness	NN
cord-311521-4calrk5l	71	49	.	.	.
cord-311521-4calrk5l	72	1	Forward	forward	JJ
cord-311521-4calrk5l	72	2	guidance	guidance	NN
cord-311521-4calrk5l	72	3	about	about	IN
cord-311521-4calrk5l	72	4	keeping	keep	VBG
cord-311521-4calrk5l	72	5	the	the	DT
cord-311521-4calrk5l	72	6	fed	fed	NNP
cord-311521-4calrk5l	72	7	funds	fund	NNS
cord-311521-4calrk5l	72	8	rate	rate	NN
cord-311521-4calrk5l	72	9	at	at	IN
cord-311521-4calrk5l	72	10	the	the	DT
cord-311521-4calrk5l	72	11	zero	zero	CD
cord-311521-4calrk5l	72	12	lower	lower	RBR
cord-311521-4calrk5l	72	13	bound	bind	VBN
cord-311521-4calrk5l	72	14	and	and	CC
cord-311521-4calrk5l	72	15	pursuing	pursue	VBG
cord-311521-4calrk5l	72	16	lower	low	JJR
cord-311521-4calrk5l	72	17	longer	long	JJR
cord-311521-4calrk5l	72	18	term	term	NN
cord-311521-4calrk5l	72	19	interest	interest	NN
cord-311521-4calrk5l	72	20	rates	rate	NNS
cord-311521-4calrk5l	72	21	was	be	VBD
cord-311521-4calrk5l	72	22	carefully	carefully	RB
cord-311521-4calrk5l	72	23	articulated	articulate	VBN
cord-311521-4calrk5l	72	24	in	in	IN
cord-311521-4calrk5l	72	25	numerous	numerous	JJ
cord-311521-4calrk5l	72	26	Fed	Fed	NNP
cord-311521-4calrk5l	72	27	communications	communication	NNS
cord-311521-4calrk5l	72	28	to	to	TO
cord-311521-4calrk5l	72	29	reduce	reduce	VB
cord-311521-4calrk5l	72	30	financial	financial	JJ
cord-311521-4calrk5l	72	31	uncertainty	uncertainty	NN
cord-311521-4calrk5l	72	32	while	while	IN
cord-311521-4calrk5l	72	33	at	at	IN
cord-311521-4calrk5l	72	34	the	the	DT
cord-311521-4calrk5l	72	35	same	same	JJ
cord-311521-4calrk5l	72	36	time	time	NN
cord-311521-4calrk5l	72	37	it	-PRON-	PRP
cord-311521-4calrk5l	72	38	was	be	VBD
cord-311521-4calrk5l	72	39	made	make	VBN
cord-311521-4calrk5l	72	40	clear	clear	JJ
cord-311521-4calrk5l	72	41	that	that	IN
cord-311521-4calrk5l	72	42	inflationary	inflationary	JJ
cord-311521-4calrk5l	72	43	expectations	expectation	NNS
cord-311521-4calrk5l	72	44	were	be	VBD
cord-311521-4calrk5l	72	45	clearly	clearly	RB
cord-311521-4calrk5l	72	46	and	and	CC
cord-311521-4calrk5l	72	47	carefully	carefully	RB
cord-311521-4calrk5l	72	48	monitored	monitor	VBD
cord-311521-4calrk5l	72	49	to	to	TO
cord-311521-4calrk5l	72	50	enhance	enhance	VB
cord-311521-4calrk5l	72	51	the	the	DT
cord-311521-4calrk5l	72	52	Fed	Fed	NNP
cord-311521-4calrk5l	72	53	's	's	POS
cord-311521-4calrk5l	72	54	hard	hard	RB
cord-311521-4calrk5l	72	55	won	win	VBN
cord-311521-4calrk5l	72	56	credibility	credibility	NN
cord-311521-4calrk5l	72	57	as	as	IN
cord-311521-4calrk5l	72	58	an	an	DT
cord-311521-4calrk5l	72	59	inflation	inflation	NN
cord-311521-4calrk5l	72	60	fighter	fighter	NN
cord-311521-4calrk5l	72	61	.	.	.
cord-311521-4calrk5l	73	1	Numerous	numerous	JJ
cord-311521-4calrk5l	73	2	speeches	speech	NNS
cord-311521-4calrk5l	73	3	by	by	IN
cord-311521-4calrk5l	73	4	Fed	Fed	NNP
cord-311521-4calrk5l	73	5	officials	official	NNS
cord-311521-4calrk5l	73	6	document	document	NN
cord-311521-4calrk5l	73	7	in	in	IN
cord-311521-4calrk5l	73	8	detail	detail	NN
cord-311521-4calrk5l	73	9	these	these	DT
cord-311521-4calrk5l	73	10	strategic	strategic	JJ
cord-311521-4calrk5l	73	11	efforts	effort	NNS
cord-311521-4calrk5l	73	12	to	to	TO
cord-311521-4calrk5l	73	13	employ	employ	VB
cord-311521-4calrk5l	73	14	unconventional	unconventional	JJ
cord-311521-4calrk5l	73	15	monetary	monetary	JJ
cord-311521-4calrk5l	73	16	policy	policy	NN
cord-311521-4calrk5l	73	17	tools	tool	NNS
cord-311521-4calrk5l	73	18	.	.	.
cord-311521-4calrk5l	74	1	Bernanke	Bernanke	NNP
cord-311521-4calrk5l	74	2	(	(	-LRB-
cord-311521-4calrk5l	74	3	2015	2015	CD
cord-311521-4calrk5l	74	4	)	)	-RRB-
cord-311521-4calrk5l	75	1	Jointly	jointly	RB
cord-311521-4calrk5l	75	2	using	use	VBG
cord-311521-4calrk5l	75	3	monthly	monthly	JJ
cord-311521-4calrk5l	75	4	QE	QE	NNP
cord-311521-4calrk5l	75	5	data	datum	NNS
cord-311521-4calrk5l	75	6	and	and	CC
cord-311521-4calrk5l	75	7	also	also	RB
cord-311521-4calrk5l	75	8	longer	long	JJR
cord-311521-4calrk5l	75	9	term	term	NN
cord-311521-4calrk5l	75	10	interest	interest	NN
cord-311521-4calrk5l	75	11	rates	rate	NNS
cord-311521-4calrk5l	75	12	(	(	-LRB-
cord-311521-4calrk5l	75	13	say	say	VB
cord-311521-4calrk5l	75	14	for	for	IN
cord-311521-4calrk5l	75	15	10-year	10-year	CD
cord-311521-4calrk5l	75	16	Treasury	Treasury	NNP
cord-311521-4calrk5l	75	17	Notes	Notes	NNPS
cord-311521-4calrk5l	75	18	)	)	-RRB-
cord-311521-4calrk5l	75	19	,	,	,
cord-311521-4calrk5l	75	20	how	how	WRB
cord-311521-4calrk5l	75	21	have	have	VBP
cord-311521-4calrk5l	75	22	these	these	DT
cord-311521-4calrk5l	75	23	2	2	CD
cord-311521-4calrk5l	75	24	series	series	NN
cord-311521-4calrk5l	75	25	impacted	impact	VBD
cord-311521-4calrk5l	75	26	the	the	DT
cord-311521-4calrk5l	75	27	U.S.	U.S.	NNP
cord-311521-4calrk5l	75	28	labor	labor	NN
cord-311521-4calrk5l	75	29	market	market	NN
cord-311521-4calrk5l	75	30	?	?	.
cord-311521-4calrk5l	76	1	We	-PRON-	PRP
cord-311521-4calrk5l	76	2	formulate	formulate	VBP
cord-311521-4calrk5l	76	3	basic	basic	JJ
cord-311521-4calrk5l	76	4	hypotheses	hypothesis	NNS
cord-311521-4calrk5l	76	5	to	to	TO
cord-311521-4calrk5l	76	6	connect	connect	VB
cord-311521-4calrk5l	76	7	empirically	empirically	RB
cord-311521-4calrk5l	76	8	monthly	monthly	JJ
cord-311521-4calrk5l	76	9	QE	QE	NNP
cord-311521-4calrk5l	76	10	and	and	CC
cord-311521-4calrk5l	76	11	longer	long	JJR
cord-311521-4calrk5l	76	12	term	term	NN
cord-311521-4calrk5l	76	13	interest	interest	NN
cord-311521-4calrk5l	76	14	rates	rate	NNS
cord-311521-4calrk5l	76	15	to	to	IN
cord-311521-4calrk5l	76	16	various	various	JJ
cord-311521-4calrk5l	76	17	data	datum	NNS
cord-311521-4calrk5l	76	18	describing	describe	VBG
cord-311521-4calrk5l	76	19	labor	labor	NN
cord-311521-4calrk5l	76	20	markets	market	NNS
cord-311521-4calrk5l	76	21	to	to	TO
cord-311521-4calrk5l	76	22	investigate	investigate	VB
cord-311521-4calrk5l	76	23	empirically	empirically	RB
cord-311521-4calrk5l	76	24	the	the	DT
cord-311521-4calrk5l	76	25	effectiveness	effectiveness	NN
cord-311521-4calrk5l	76	26	of	of	IN
cord-311521-4calrk5l	76	27	unconventional	unconventional	JJ
cord-311521-4calrk5l	76	28	monetary	monetary	JJ
cord-311521-4calrk5l	76	29	policy	policy	NN
cord-311521-4calrk5l	76	30	that	that	WDT
cord-311521-4calrk5l	76	31	targeted	target	VBD
cord-311521-4calrk5l	76	32	maximum	maximum	JJ
cord-311521-4calrk5l	76	33	employment	employment	NN
cord-311521-4calrk5l	76	34	in	in	IN
cord-311521-4calrk5l	76	35	the	the	DT
cord-311521-4calrk5l	76	36	aftermath	aftermath	NN
cord-311521-4calrk5l	76	37	of	of	IN
cord-311521-4calrk5l	76	38	the	the	DT
cord-311521-4calrk5l	76	39	financial	financial	JJ
cord-311521-4calrk5l	76	40	crisis	crisis	NN
cord-311521-4calrk5l	76	41	?	?	.
cord-311521-4calrk5l	77	1	We	-PRON-	PRP
cord-311521-4calrk5l	77	2	claim	claim	VBP
cord-311521-4calrk5l	77	3	that	that	IN
cord-311521-4calrk5l	77	4	the	the	DT
cord-311521-4calrk5l	77	5	unconventional	unconventional	JJ
cord-311521-4calrk5l	77	6	tools	tool	NNS
cord-311521-4calrk5l	77	7	of	of	IN
cord-311521-4calrk5l	77	8	monetary	monetary	JJ
cord-311521-4calrk5l	77	9	policy	policy	NN
cord-311521-4calrk5l	77	10	targeted	target	VBN
cord-311521-4calrk5l	77	11	primarily	primarily	RB
cord-311521-4calrk5l	77	12	the	the	DT
cord-311521-4calrk5l	77	13	unemployment	unemployment	NN
cord-311521-4calrk5l	77	14	rate	rate	NN
cord-311521-4calrk5l	77	15	.	.	.
cord-311521-4calrk5l	78	1	We	-PRON-	PRP
cord-311521-4calrk5l	78	2	also	also	RB
cord-311521-4calrk5l	78	3	view	view	VBP
cord-311521-4calrk5l	78	4	the	the	DT
cord-311521-4calrk5l	78	5	Bernanke	Bernanke	NNP
cord-311521-4calrk5l	78	6	Fed	Fed	NNP
cord-311521-4calrk5l	78	7	's	's	POS
cord-311521-4calrk5l	78	8	targeting	targeting	NN
cord-311521-4calrk5l	78	9	of	of	IN
cord-311521-4calrk5l	78	10	employment	employment	NN
cord-311521-4calrk5l	78	11	as	as	IN
cord-311521-4calrk5l	78	12	confirmation	confirmation	NN
cord-311521-4calrk5l	78	13	of	of	IN
cord-311521-4calrk5l	78	14	the	the	DT
cord-311521-4calrk5l	78	15	validity	validity	NN
cord-311521-4calrk5l	78	16	of	of	IN
cord-311521-4calrk5l	78	17	its	-PRON-	PRP$
cord-311521-4calrk5l	78	18	policies	policy	NNS
cord-311521-4calrk5l	78	19	.	.	.
cord-311521-4calrk5l	79	1	It	-PRON-	PRP
cord-311521-4calrk5l	79	2	was	be	VBD
cord-311521-4calrk5l	79	3	the	the	DT
cord-311521-4calrk5l	79	4	Fed	Fed	NNP
cord-311521-4calrk5l	79	5	's	's	POS
cord-311521-4calrk5l	79	6	affirmation	affirmation	NN
cord-311521-4calrk5l	79	7	of	of	IN
cord-311521-4calrk5l	79	8	its	-PRON-	PRP$
cord-311521-4calrk5l	79	9	new	new	JJ
cord-311521-4calrk5l	79	10	policies	policy	NNS
cord-311521-4calrk5l	79	11	that	that	WDT
cord-311521-4calrk5l	79	12	QE	QE	NNP
cord-311521-4calrk5l	79	13	and	and	CC
cord-311521-4calrk5l	79	14	lower	low	JJR
cord-311521-4calrk5l	79	15	longer	long	JJR
cord-311521-4calrk5l	79	16	term	term	NN
cord-311521-4calrk5l	79	17	T	T	NNP
cord-311521-4calrk5l	79	18	-	-	HYPH
cord-311521-4calrk5l	79	19	Notes	Notes	NNP
cord-311521-4calrk5l	79	20	rates	rate	NNS
cord-311521-4calrk5l	79	21	would	would	MD
cord-311521-4calrk5l	79	22	yield	yield	VB
cord-311521-4calrk5l	79	23	the	the	DT
cord-311521-4calrk5l	79	24	forecasted	forecast	VBN
cord-311521-4calrk5l	79	25	lowering	lowering	NN
cord-311521-4calrk5l	79	26	of	of	IN
cord-311521-4calrk5l	79	27	unemployment	unemployment	NN
cord-311521-4calrk5l	79	28	.	.	.
cord-311521-4calrk5l	80	1	We	-PRON-	PRP
cord-311521-4calrk5l	80	2	use	use	VBP
cord-311521-4calrk5l	80	3	all	all	DT
cord-311521-4calrk5l	80	4	six	six	CD
cord-311521-4calrk5l	80	5	measures	measure	NNS
cord-311521-4calrk5l	80	6	of	of	IN
cord-311521-4calrk5l	80	7	Unemployment	unemployment	NN
cord-311521-4calrk5l	80	8	,	,	,
cord-311521-4calrk5l	80	9	U1	U1	NNP
cord-311521-4calrk5l	80	10	,	,	,
cord-311521-4calrk5l	80	11	U2	U2	NNP
cord-311521-4calrk5l	80	12	,	,	,
cord-311521-4calrk5l	80	13	U3	U3	NNP
cord-311521-4calrk5l	80	14	,	,	,
cord-311521-4calrk5l	80	15	U4	u4	NN
cord-311521-4calrk5l	80	16	,	,	,
cord-311521-4calrk5l	80	17	U5	U5	NNP
cord-311521-4calrk5l	80	18	,	,	,
cord-311521-4calrk5l	80	19	and	and	CC
cord-311521-4calrk5l	80	20	U6	U6	NNP
cord-311521-4calrk5l	80	21	to	to	TO
cord-311521-4calrk5l	80	22	perform	perform	VB
cord-311521-4calrk5l	80	23	an	an	DT
cord-311521-4calrk5l	80	24	exhaustive	exhaustive	JJ
cord-311521-4calrk5l	80	25	analysis	analysis	NN
cord-311521-4calrk5l	80	26	of	of	IN
cord-311521-4calrk5l	80	27	this	this	DT
cord-311521-4calrk5l	80	28	dimension	dimension	NN
cord-311521-4calrk5l	80	29	of	of	IN
cord-311521-4calrk5l	80	30	labor	labor	NN
cord-311521-4calrk5l	80	31	markets	market	NNS
cord-311521-4calrk5l	80	32	.	.	.
cord-311521-4calrk5l	81	1	U3	U3	NNP
cord-311521-4calrk5l	81	2	is	be	VBZ
cord-311521-4calrk5l	81	3	the	the	DT
cord-311521-4calrk5l	81	4	most	most	RBS
cord-311521-4calrk5l	81	5	representative	representative	JJ
cord-311521-4calrk5l	81	6	measure	measure	NN
cord-311521-4calrk5l	81	7	that	that	WDT
cord-311521-4calrk5l	81	8	is	be	VBZ
cord-311521-4calrk5l	81	9	used	use	VBN
cord-311521-4calrk5l	81	10	most	most	RBS
cord-311521-4calrk5l	81	11	commonly	commonly	RB
cord-311521-4calrk5l	81	12	.	.	.
cord-311521-4calrk5l	82	1	These	these	DT
cord-311521-4calrk5l	82	2	hypotheses	hypothesis	NNS
cord-311521-4calrk5l	82	3	display	display	VBP
cord-311521-4calrk5l	82	4	the	the	DT
cord-311521-4calrk5l	82	5	very	very	RB
cord-311521-4calrk5l	82	6	practical	practical	JJ
cord-311521-4calrk5l	82	7	and	and	CC
cord-311521-4calrk5l	82	8	realistic	realistic	JJ
cord-311521-4calrk5l	82	9	goal	goal	NN
cord-311521-4calrk5l	82	10	of	of	IN
cord-311521-4calrk5l	82	11	unconventional	unconventional	JJ
cord-311521-4calrk5l	82	12	monetary	monetary	JJ
cord-311521-4calrk5l	82	13	policy	policy	NN
cord-311521-4calrk5l	82	14	that	that	WDT
cord-311521-4calrk5l	82	15	targeted	target	VBD
cord-311521-4calrk5l	82	16	the	the	DT
cord-311521-4calrk5l	82	17	reduction	reduction	NN
cord-311521-4calrk5l	82	18	in	in	IN
cord-311521-4calrk5l	82	19	unemployment	unemployment	NN
cord-311521-4calrk5l	82	20	.	.	.
cord-311521-4calrk5l	83	1	What	what	WP
cord-311521-4calrk5l	83	2	do	do	VBP
cord-311521-4calrk5l	83	3	we	-PRON-	PRP
cord-311521-4calrk5l	83	4	mean	mean	VB
cord-311521-4calrk5l	83	5	by	by	IN
cord-311521-4calrk5l	83	6	such	such	PDT
cord-311521-4calrk5l	83	7	a	a	DT
cord-311521-4calrk5l	83	8	statement	statement	NN
cord-311521-4calrk5l	83	9	?	?	.
cord-311521-4calrk5l	84	1	By	by	IN
cord-311521-4calrk5l	84	2	unconventional	unconventional	JJ
cord-311521-4calrk5l	84	3	monetary	monetary	JJ
cord-311521-4calrk5l	84	4	policy	policy	NN
cord-311521-4calrk5l	84	5	we	-PRON-	PRP
cord-311521-4calrk5l	84	6	mean	mean	VBP
cord-311521-4calrk5l	84	7	the	the	DT
cord-311521-4calrk5l	84	8	use	use	NN
cord-311521-4calrk5l	84	9	of	of	IN
cord-311521-4calrk5l	84	10	QE	QE	NNP
cord-311521-4calrk5l	84	11	as	as	IN
cord-311521-4calrk5l	84	12	a	a	DT
cord-311521-4calrk5l	84	13	tool	tool	NN
cord-311521-4calrk5l	84	14	whose	whose	WP$
cord-311521-4calrk5l	84	15	goal	goal	NN
cord-311521-4calrk5l	84	16	was	be	VBD
cord-311521-4calrk5l	84	17	to	to	TO
cord-311521-4calrk5l	84	18	reduce	reduce	VB
cord-311521-4calrk5l	84	19	the	the	DT
cord-311521-4calrk5l	84	20	steepness	steepness	NN
cord-311521-4calrk5l	84	21	of	of	IN
cord-311521-4calrk5l	84	22	the	the	DT
cord-311521-4calrk5l	84	23	yield	yield	NN
cord-311521-4calrk5l	84	24	curve	curve	NN
cord-311521-4calrk5l	84	25	,	,	,
cord-311521-4calrk5l	84	26	increase	increase	VB
cord-311521-4calrk5l	84	27	financial	financial	JJ
cord-311521-4calrk5l	84	28	wealth	wealth	NN
cord-311521-4calrk5l	84	29	,	,	,
cord-311521-4calrk5l	84	30	eventually	eventually	RB
cord-311521-4calrk5l	84	31	increase	increase	VB
cord-311521-4calrk5l	84	32	aggregate	aggregate	JJ
cord-311521-4calrk5l	84	33	demand	demand	NN
cord-311521-4calrk5l	84	34	and	and	CC
cord-311521-4calrk5l	84	35	thus	thus	RB
cord-311521-4calrk5l	84	36	bring	bring	VB
cord-311521-4calrk5l	84	37	down	down	RP
cord-311521-4calrk5l	84	38	unemployment	unemployment	NN
cord-311521-4calrk5l	84	39	.	.	.
cord-311521-4calrk5l	85	1	In	in	IN
cord-311521-4calrk5l	85	2	the	the	DT
cord-311521-4calrk5l	85	3	spirit	spirit	NN
cord-311521-4calrk5l	85	4	of	of	IN
cord-311521-4calrk5l	85	5	Friedman	Friedman	NNP
cord-311521-4calrk5l	85	6	's	's	POS
cord-311521-4calrk5l	85	7	scientific	scientific	JJ
cord-311521-4calrk5l	85	8	methodology	methodology	NN
cord-311521-4calrk5l	85	9	numerous	numerous	JJ
cord-311521-4calrk5l	85	10	assumptions	assumption	NNS
cord-311521-4calrk5l	85	11	are	be	VBP
cord-311521-4calrk5l	85	12	made	make	VBN
cord-311521-4calrk5l	85	13	about	about	IN
cord-311521-4calrk5l	85	14	these	these	DT
cord-311521-4calrk5l	85	15	developments	development	NNS
cord-311521-4calrk5l	85	16	and	and	CC
cord-311521-4calrk5l	85	17	what	what	WP
cord-311521-4calrk5l	85	18	matters	matter	VBZ
cord-311521-4calrk5l	85	19	most	most	RBS
cord-311521-4calrk5l	85	20	is	be	VBZ
cord-311521-4calrk5l	85	21	not	not	RB
cord-311521-4calrk5l	85	22	the	the	DT
cord-311521-4calrk5l	85	23	exact	exact	JJ
cord-311521-4calrk5l	85	24	nature	nature	NN
cord-311521-4calrk5l	85	25	of	of	IN
cord-311521-4calrk5l	85	26	these	these	DT
cord-311521-4calrk5l	85	27	assumptions	assumption	NNS
cord-311521-4calrk5l	85	28	but	but	CC
cord-311521-4calrk5l	85	29	the	the	DT
cord-311521-4calrk5l	85	30	prediction	prediction	NN
cord-311521-4calrk5l	85	31	that	that	IN
cord-311521-4calrk5l	85	32	unemployment	unemployment	NN
cord-311521-4calrk5l	85	33	will	will	MD
cord-311521-4calrk5l	85	34	decline	decline	VB
cord-311521-4calrk5l	85	35	.	.	.
cord-311521-4calrk5l	86	1	An	an	DT
cord-311521-4calrk5l	86	2	early	early	JJ
cord-311521-4calrk5l	86	3	analysis	analysis	NN
cord-311521-4calrk5l	86	4	of	of	IN
cord-311521-4calrk5l	86	5	QE	QE	NNP
cord-311521-4calrk5l	86	6	is	be	VBZ
cord-311521-4calrk5l	86	7	found	find	VBN
cord-311521-4calrk5l	86	8	in	in	IN
cord-311521-4calrk5l	86	9	Gagnon	Gagnon	NNP
cord-311521-4calrk5l	86	10	et	et	NNP
cord-311521-4calrk5l	86	11	al	al	NNP
cord-311521-4calrk5l	86	12	.	.	.
cord-311521-4calrk5l	87	1	(	(	-LRB-
cord-311521-4calrk5l	87	2	2011	2011	CD
cord-311521-4calrk5l	87	3	)	)	-RRB-
cord-311521-4calrk5l	88	1	and	and	CC
cord-311521-4calrk5l	88	2	more	more	RBR
cord-311521-4calrk5l	88	3	recently	recently	RB
cord-311521-4calrk5l	88	4	in	in	IN
cord-311521-4calrk5l	88	5	Engen	Engen	NNP
cord-311521-4calrk5l	88	6	et	et	NNP
cord-311521-4calrk5l	88	7	al	al	NNP
cord-311521-4calrk5l	88	8	.	.	.
cord-311521-4calrk5l	89	1	(	(	-LRB-
cord-311521-4calrk5l	89	2	2015	2015	CD
cord-311521-4calrk5l	89	3	)	)	-RRB-
cord-311521-4calrk5l	89	4	.	.	.
cord-311521-4calrk5l	90	1	The	the	DT
cord-311521-4calrk5l	90	2	comprehensive	comprehensive	JJ
cord-311521-4calrk5l	90	3	paper	paper	NN
cord-311521-4calrk5l	90	4	of	of	IN
cord-311521-4calrk5l	90	5	Gagnon	Gagnon	NNP
cord-311521-4calrk5l	90	6	et	et	NNP
cord-311521-4calrk5l	90	7	al	al	NNP
cord-311521-4calrk5l	90	8	.	.	.
cord-311521-4calrk5l	91	1	(	(	-LRB-
cord-311521-4calrk5l	91	2	2011	2011	CD
cord-311521-4calrk5l	91	3	)	)	-RRB-
cord-311521-4calrk5l	91	4	argues	argue	VBZ
cord-311521-4calrk5l	91	5	that	that	IN
cord-311521-4calrk5l	91	6	in	in	IN
cord-311521-4calrk5l	91	7	contrast	contrast	NN
cord-311521-4calrk5l	91	8	to	to	IN
cord-311521-4calrk5l	91	9	the	the	DT
cord-311521-4calrk5l	91	10	pre	pre	JJ
cord-311521-4calrk5l	91	11	-	-	NN
cord-311521-4calrk5l	91	12	crisis	crisis	JJ
cord-311521-4calrk5l	91	13	Additional	additional	JJ
cord-311521-4calrk5l	91	14	theoretical	theoretical	JJ
cord-311521-4calrk5l	91	15	support	support	NN
cord-311521-4calrk5l	91	16	for	for	IN
cord-311521-4calrk5l	91	17	the	the	DT
cord-311521-4calrk5l	91	18	hypotheses	hypothesis	NNS
cord-311521-4calrk5l	91	19	we	-PRON-	PRP
cord-311521-4calrk5l	91	20	are	be	VBP
cord-311521-4calrk5l	91	21	formulating	formulate	VBG
cord-311521-4calrk5l	91	22	can	can	MD
cord-311521-4calrk5l	91	23	be	be	VB
cord-311521-4calrk5l	91	24	provided	provide	VBN
cord-311521-4calrk5l	91	25	by	by	IN
cord-311521-4calrk5l	91	26	Chiarella	Chiarella	NNP
cord-311521-4calrk5l	91	27	and	and	CC
cord-311521-4calrk5l	91	28	Guilmi	Guilmi	NNP
cord-311521-4calrk5l	91	29	(	(	-LRB-
cord-311521-4calrk5l	91	30	2011	2011	CD
cord-311521-4calrk5l	91	31	)	)	-RRB-
cord-311521-4calrk5l	91	32	.	.	.
cord-311521-4calrk5l	92	1	Actually	actually	RB
cord-311521-4calrk5l	92	2	these	these	DT
cord-311521-4calrk5l	92	3	authors	author	NNS
cord-311521-4calrk5l	92	4	develop	develop	VBP
cord-311521-4calrk5l	92	5	a	a	DT
cord-311521-4calrk5l	92	6	dynamic	dynamic	JJ
cord-311521-4calrk5l	92	7	macroeconomic	macroeconomic	JJ
cord-311521-4calrk5l	92	8	model	model	NN
cord-311521-4calrk5l	92	9	in	in	IN
cord-311521-4calrk5l	92	10	the	the	DT
cord-311521-4calrk5l	92	11	spirit	spirit	NN
cord-311521-4calrk5l	92	12	of	of	IN
cord-311521-4calrk5l	92	13	Hyman	Hyman	NNP
cord-311521-4calrk5l	92	14	Minsky	Minsky	NNP
cord-311521-4calrk5l	92	15	's	's	POS
cord-311521-4calrk5l	92	16	(	(	-LRB-
cord-311521-4calrk5l	92	17	1977	1977	CD
cord-311521-4calrk5l	92	18	)	)	-RRB-
cord-311521-4calrk5l	93	1	The	the	DT
cord-311521-4calrk5l	93	2	independent	independent	JJ
cord-311521-4calrk5l	93	3	variable	variable	NN
cord-311521-4calrk5l	93	4	is	be	VBZ
cord-311521-4calrk5l	93	5	monetary	monetary	JJ
cord-311521-4calrk5l	93	6	policy	policy	NN
cord-311521-4calrk5l	93	7	.	.	.
cord-311521-4calrk5l	94	1	We	-PRON-	PRP
cord-311521-4calrk5l	94	2	employ	employ	VBP
cord-311521-4calrk5l	94	3	two	two	CD
cord-311521-4calrk5l	94	4	proxies	proxy	NNS
cord-311521-4calrk5l	94	5	for	for	IN
cord-311521-4calrk5l	94	6	monetary	monetary	JJ
cord-311521-4calrk5l	94	7	policy	policy	NN
cord-311521-4calrk5l	94	8	during	during	IN
cord-311521-4calrk5l	94	9	the	the	DT
cord-311521-4calrk5l	94	10	period	period	NN
cord-311521-4calrk5l	94	11	studied	study	VBD
cord-311521-4calrk5l	94	12	:	:	:
cord-311521-4calrk5l	94	13	first	first	RB
cord-311521-4calrk5l	94	14	we	-PRON-	PRP
cord-311521-4calrk5l	94	15	use	use	VBP
cord-311521-4calrk5l	94	16	Total	total	JJ
cord-311521-4calrk5l	94	17	Fed	Fed	NNP
cord-311521-4calrk5l	94	18	Assets	Assets	NNPS
cord-311521-4calrk5l	94	19	and	and	CC
cord-311521-4calrk5l	94	20	second	second	RB
cord-311521-4calrk5l	94	21	we	-PRON-	PRP
cord-311521-4calrk5l	94	22	use	use	VBP
cord-311521-4calrk5l	94	23	the	the	DT
cord-311521-4calrk5l	94	24	10-Year	10-year	CD
cord-311521-4calrk5l	94	25	Treasury	Treasury	NNP
cord-311521-4calrk5l	94	26	Note	Note	NNP
cord-311521-4calrk5l	94	27	which	which	WDT
cord-311521-4calrk5l	94	28	under	under	IN
cord-311521-4calrk5l	94	29	normal	normal	JJ
cord-311521-4calrk5l	94	30	conditions	condition	NNS
cord-311521-4calrk5l	94	31	is	be	VBZ
cord-311521-4calrk5l	94	32	determined	determine	VBN
cord-311521-4calrk5l	94	33	solely	solely	RB
cord-311521-4calrk5l	94	34	by	by	IN
cord-311521-4calrk5l	94	35	market	market	NN
cord-311521-4calrk5l	94	36	conditions	condition	NNS
cord-311521-4calrk5l	94	37	but	but	CC
cord-311521-4calrk5l	94	38	during	during	IN
cord-311521-4calrk5l	94	39	the	the	DT
cord-311521-4calrk5l	94	40	financial	financial	JJ
cord-311521-4calrk5l	94	41	crisis	crisis	NN
cord-311521-4calrk5l	94	42	was	be	VBD
cord-311521-4calrk5l	94	43	targeted	target	VBN
cord-311521-4calrk5l	94	44	by	by	IN
cord-311521-4calrk5l	94	45	the	the	DT
cord-311521-4calrk5l	94	46	Fed	Fed	NNP
cord-311521-4calrk5l	94	47	via	via	IN
cord-311521-4calrk5l	94	48	its	-PRON-	PRP$
cord-311521-4calrk5l	94	49	QE	QE	NNP
cord-311521-4calrk5l	94	50	strategies	strategy	NNS
cord-311521-4calrk5l	94	51	.	.	.
cord-311521-4calrk5l	95	1	We	-PRON-	PRP
cord-311521-4calrk5l	95	2	hypothesize	hypothesize	VBP
cord-311521-4calrk5l	95	3	:	:	:
cord-311521-4calrk5l	95	4	Following	follow	VBG
cord-311521-4calrk5l	95	5	Hamilton	Hamilton	NNP
cord-311521-4calrk5l	95	6	(	(	-LRB-
cord-311521-4calrk5l	95	7	1994	1994	CD
cord-311521-4calrk5l	95	8	)	)	-RRB-
cord-311521-4calrk5l	95	9	,	,	,
cord-311521-4calrk5l	95	10	the	the	DT
cord-311521-4calrk5l	95	11	matrix	matrix	NN
cord-311521-4calrk5l	95	12	of	of	IN
cord-311521-4calrk5l	95	13	transition	transition	NN
cord-311521-4calrk5l	95	14	probabilities	probability	NNS
cord-311521-4calrk5l	95	15	is	be	VBZ
cord-311521-4calrk5l	95	16	defined	define	VBN
cord-311521-4calrk5l	95	17	as	as	IN
cord-311521-4calrk5l	95	18	:	:	:
cord-311521-4calrk5l	95	19	 	 	_SP
cord-311521-4calrk5l	95	20	The	the	DT
cord-311521-4calrk5l	95	21	expected	expected	JJ
cord-311521-4calrk5l	95	22	duration	duration	NN
cord-311521-4calrk5l	95	23	of	of	IN
cord-311521-4calrk5l	95	24	the	the	DT
cord-311521-4calrk5l	95	25	high	high	JJ
cord-311521-4calrk5l	95	26	volatility	volatility	NN
cord-311521-4calrk5l	95	27	regime	regime	NN
cord-311521-4calrk5l	95	28	is	be	VBZ
cord-311521-4calrk5l	95	29	given	give	VBN
cord-311521-4calrk5l	95	30	by	by	IN
cord-311521-4calrk5l	95	31	E(S=1	E(S=1	NNP
cord-311521-4calrk5l	95	32	)	)	-RRB-
cord-311521-4calrk5l	95	33	=	=	SYM
cord-311521-4calrk5l	95	34	1/(1-P11	1/(1-p11	CD
cord-311521-4calrk5l	95	35	)	)	-RRB-
cord-311521-4calrk5l	95	36	and	and	CC
cord-311521-4calrk5l	95	37	that	that	IN
cord-311521-4calrk5l	95	38	for	for	IN
cord-311521-4calrk5l	95	39	the	the	DT
cord-311521-4calrk5l	95	40	low	low	JJ
cord-311521-4calrk5l	95	41	volatility	volatility	NN
cord-311521-4calrk5l	95	42	regime	regime	NN
cord-311521-4calrk5l	95	43	is	be	VBZ
cord-311521-4calrk5l	95	44	given	give	VBN
cord-311521-4calrk5l	95	45	by	by	IN
cord-311521-4calrk5l	95	46	E(S=2	e(s=2	NN
cord-311521-4calrk5l	95	47	)	)	-RRB-
cord-311521-4calrk5l	95	48	=	=	NFP
cord-311521-4calrk5l	96	1	1/(1-P22	1/(1-p22	LS
cord-311521-4calrk5l	96	2	)	)	-RRB-
cord-311521-4calrk5l	96	3	.	.	.
cord-311521-4calrk5l	97	1	Since	since	IN
cord-311521-4calrk5l	97	2	we	-PRON-	PRP
cord-311521-4calrk5l	97	3	are	be	VBP
cord-311521-4calrk5l	97	4	interested	interested	JJ
cord-311521-4calrk5l	97	5	in	in	IN
cord-311521-4calrk5l	97	6	establishing	establish	VBG
cord-311521-4calrk5l	97	7	the	the	DT
cord-311521-4calrk5l	97	8	efficacy	efficacy	NN
cord-311521-4calrk5l	97	9	of	of	IN
cord-311521-4calrk5l	97	10	the	the	DT
cord-311521-4calrk5l	97	11	modelling	modelling	NN
cord-311521-4calrk5l	97	12	approach	approach	NN
cord-311521-4calrk5l	97	13	over	over	IN
cord-311521-4calrk5l	97	14	this	this	DT
cord-311521-4calrk5l	97	15	rather	rather	RB
cord-311521-4calrk5l	97	16	long	long	JJ
cord-311521-4calrk5l	97	17	sample	sample	NN
cord-311521-4calrk5l	97	18	period	period	NN
cord-311521-4calrk5l	97	19	,	,	,
cord-311521-4calrk5l	97	20	we	-PRON-	PRP
cord-311521-4calrk5l	97	21	initially	initially	RB
cord-311521-4calrk5l	97	22	focus	focus	VBP
cord-311521-4calrk5l	97	23	on	on	IN
cord-311521-4calrk5l	97	24	the	the	DT
cord-311521-4calrk5l	97	25	diagnostic	diagnostic	JJ
cord-311521-4calrk5l	97	26	tests	test	NNS
cord-311521-4calrk5l	97	27	of	of	IN
cord-311521-4calrk5l	97	28	the	the	DT
cord-311521-4calrk5l	97	29	model	model	NN
cord-311521-4calrk5l	97	30	.	.	.
cord-311521-4calrk5l	98	1	Although	although	IN
cord-311521-4calrk5l	98	2	,	,	,
cord-311521-4calrk5l	98	3	the	the	DT
cord-311521-4calrk5l	98	4	residual	residual	JJ
cord-311521-4calrk5l	98	5	analysis	analysis	NN
cord-311521-4calrk5l	98	6	from	from	IN
cord-311521-4calrk5l	98	7	the	the	DT
cord-311521-4calrk5l	98	8	regression	regression	NN
cord-311521-4calrk5l	98	9	equation	equation	NN
cord-311521-4calrk5l	98	10	(	(	-LRB-
cord-311521-4calrk5l	98	11	1	1	CD
cord-311521-4calrk5l	98	12	)	)	-RRB-
cord-311521-4calrk5l	98	13	without	without	IN
cord-311521-4calrk5l	98	14	switching	switching	NN
cord-311521-4calrk5l	98	15	shows	show	VBZ
cord-311521-4calrk5l	98	16	no	no	DT
cord-311521-4calrk5l	98	17	significant	significant	JJ
cord-311521-4calrk5l	98	18	serial	serial	JJ
cord-311521-4calrk5l	98	19	correlations	correlation	NNS
cord-311521-4calrk5l	98	20	,	,	,
cord-311521-4calrk5l	98	21	the	the	DT
cord-311521-4calrk5l	98	22	CUSUM	CUSUM	NNP
cord-311521-4calrk5l	98	23	-	-	HYPH
cord-311521-4calrk5l	98	24	square	square	JJ
cord-311521-4calrk5l	98	25	test	test	NN
cord-311521-4calrk5l	98	26	shows	show	VBZ
cord-311521-4calrk5l	98	27	instability	instability	NN
cord-311521-4calrk5l	98	28	in	in	IN
cord-311521-4calrk5l	98	29	variance	variance	NN
cord-311521-4calrk5l	98	30	and/or	and/or	CC
cord-311521-4calrk5l	98	31	parameters	parameter	NNS
cord-311521-4calrk5l	98	32	.	.	.
cord-311521-4calrk5l	99	1	This	this	DT
cord-311521-4calrk5l	99	2	is	be	VBZ
cord-311521-4calrk5l	99	3	further	further	RB
cord-311521-4calrk5l	99	4	corroborated	corroborate	VBN
cord-311521-4calrk5l	99	5	by	by	IN
cord-311521-4calrk5l	99	6	the	the	DT
cord-311521-4calrk5l	99	7	Chow	Chow	NNP
cord-311521-4calrk5l	99	8	Break	Break	NNP
cord-311521-4calrk5l	99	9	Point	Point	NNP
cord-311521-4calrk5l	99	10	test	test	NN
cord-311521-4calrk5l	99	11	.	.	.
cord-311521-4calrk5l	100	1	These	these	DT
cord-311521-4calrk5l	100	2	results	result	NNS
cord-311521-4calrk5l	100	3	are	be	VBP
cord-311521-4calrk5l	100	4	not	not	RB
cord-311521-4calrk5l	100	5	included	include	VBN
cord-311521-4calrk5l	100	6	in	in	IN
cord-311521-4calrk5l	100	7	the	the	DT
cord-311521-4calrk5l	100	8	paper	paper	NN
cord-311521-4calrk5l	100	9	.	.	.
cord-311521-4calrk5l	101	1	Although	although	IN
cord-311521-4calrk5l	101	2	the	the	DT
cord-311521-4calrk5l	101	3	GARCH	garch	NN
cord-311521-4calrk5l	101	4	variance	variance	NN
cord-311521-4calrk5l	101	5	captures	capture	VBZ
cord-311521-4calrk5l	101	6	the	the	DT
cord-311521-4calrk5l	101	7	time	time	NN
cord-311521-4calrk5l	101	8	varying	vary	VBG
cord-311521-4calrk5l	101	9	nature	nature	NN
cord-311521-4calrk5l	101	10	of	of	IN
cord-311521-4calrk5l	101	11	conditional	conditional	JJ
cord-311521-4calrk5l	101	12	variance	variance	NN
cord-311521-4calrk5l	101	13	,	,	,
cord-311521-4calrk5l	101	14	it	-PRON-	PRP
cord-311521-4calrk5l	101	15	can	can	MD
cord-311521-4calrk5l	101	16	not	not	RB
cord-311521-4calrk5l	101	17	address	address	VB
cord-311521-4calrk5l	101	18	it	-PRON-	PRP
cord-311521-4calrk5l	101	19	,	,	,
cord-311521-4calrk5l	101	20	if	if	IN
cord-311521-4calrk5l	101	21	there	there	EX
cord-311521-4calrk5l	101	22	is	be	VBZ
cord-311521-4calrk5l	101	23	structural	structural	JJ
cord-311521-4calrk5l	101	24	discontinuity	discontinuity	NN
cord-311521-4calrk5l	101	25	in	in	IN
cord-311521-4calrk5l	101	26	the	the	DT
cord-311521-4calrk5l	101	27	level	level	NN
cord-311521-4calrk5l	101	28	of	of	IN
cord-311521-4calrk5l	101	29	variance	variance	NN
cord-311521-4calrk5l	101	30	.	.	.
cord-311521-4calrk5l	102	1	In	in	IN
cord-311521-4calrk5l	102	2	order	order	NN
cord-311521-4calrk5l	102	3	to	to	TO
cord-311521-4calrk5l	102	4	explore	explore	VB
cord-311521-4calrk5l	102	5	more	more	RBR
cord-311521-4calrk5l	102	6	effectively	effectively	RB
cord-311521-4calrk5l	102	7	the	the	DT
cord-311521-4calrk5l	102	8	influence	influence	NN
cord-311521-4calrk5l	102	9	of	of	IN
cord-311521-4calrk5l	102	10	the	the	DT
cord-311521-4calrk5l	102	11	independent	independent	JJ
cord-311521-4calrk5l	102	12	variables	variable	NNS
cord-311521-4calrk5l	102	13	on	on	IN
cord-311521-4calrk5l	102	14	the	the	DT
cord-311521-4calrk5l	102	15	various	various	JJ
cord-311521-4calrk5l	102	16	measures	measure	NNS
cord-311521-4calrk5l	102	17	of	of	IN
cord-311521-4calrk5l	102	18	unemployment	unemployment	NN
cord-311521-4calrk5l	102	19	as	as	RB
cord-311521-4calrk5l	102	20	well	well	RB
cord-311521-4calrk5l	102	21	as	as	IN
cord-311521-4calrk5l	102	22	parameter	parameter	NN
cord-311521-4calrk5l	102	23	and	and	CC
cord-311521-4calrk5l	102	24	variance	variance	NN
cord-311521-4calrk5l	102	25	discontinuity	discontinuity	NN
cord-311521-4calrk5l	102	26	over	over	IN
cord-311521-4calrk5l	102	27	the	the	DT
cord-311521-4calrk5l	102	28	long	long	JJ
cord-311521-4calrk5l	102	29	sample	sample	NN
cord-311521-4calrk5l	102	30	,	,	,
cord-311521-4calrk5l	102	31	we	-PRON-	PRP
cord-311521-4calrk5l	102	32	investigate	investigate	VBP
cord-311521-4calrk5l	102	33	the	the	DT
cord-311521-4calrk5l	102	34	non	non	JJ
cord-311521-4calrk5l	102	35	-	-	JJ
cord-311521-4calrk5l	102	36	linear	linear	JJ
cord-311521-4calrk5l	102	37	modelling	modelling	NN
cord-311521-4calrk5l	102	38	approach	approach	NN
cord-311521-4calrk5l	102	39	via	via	IN
cord-311521-4calrk5l	102	40	a	a	DT
cord-311521-4calrk5l	102	41	two	two	CD
cord-311521-4calrk5l	102	42	state	state	NN
cord-311521-4calrk5l	102	43	Markov	Markov	NNP
cord-311521-4calrk5l	102	44	chain	chain	NN
cord-311521-4calrk5l	102	45	shown	show	VBN
cord-311521-4calrk5l	102	46	in	in	IN
cord-311521-4calrk5l	102	47	equation	equation	NN
cord-311521-4calrk5l	102	48	(	(	-LRB-
cord-311521-4calrk5l	102	49	3	3	CD
cord-311521-4calrk5l	102	50	)	)	-RRB-
cord-311521-4calrk5l	102	51	.	.	.
cord-311521-4calrk5l	103	1	The	the	DT
cord-311521-4calrk5l	103	2	subscript	subscript	NN
cord-311521-4calrk5l	103	3	is	be	VBZ
cord-311521-4calrk5l	103	4	used	use	VBN
cord-311521-4calrk5l	103	5	to	to	TO
cord-311521-4calrk5l	103	6	denote	denote	VB
cord-311521-4calrk5l	103	7	dependence	dependence	NN
cord-311521-4calrk5l	103	8	of	of	IN
cord-311521-4calrk5l	103	9	these	these	DT
cord-311521-4calrk5l	103	10	parameters	parameter	NNS
cord-311521-4calrk5l	103	11	on	on	IN
cord-311521-4calrk5l	103	12	the	the	DT
cord-311521-4calrk5l	103	13	prevailing	prevail	VBG
cord-311521-4calrk5l	103	14	Markov	Markov	NNP
cord-311521-4calrk5l	103	15	state	state	NN
cord-311521-4calrk5l	103	16	.	.	.
cord-311521-4calrk5l	104	1	The	the	DT
cord-311521-4calrk5l	104	2	law	law	NN
cord-311521-4calrk5l	104	3	guiding	guide	VBG
cord-311521-4calrk5l	104	4	the	the	DT
cord-311521-4calrk5l	104	5	evolution	evolution	NN
cord-311521-4calrk5l	104	6	of	of	IN
cord-311521-4calrk5l	104	7	this	this	DT
cord-311521-4calrk5l	104	8	unobserved	unobserved	JJ
cord-311521-4calrk5l	104	9	state	state	NN
cord-311521-4calrk5l	104	10	variable	variable	NN
cord-311521-4calrk5l	104	11	is	be	VBZ
cord-311521-4calrk5l	104	12	a	a	DT
cord-311521-4calrk5l	104	13	time	time	NN
cord-311521-4calrk5l	104	14	homogenous	homogenous	JJ
cord-311521-4calrk5l	104	15	transition	transition	NN
cord-311521-4calrk5l	104	16	probability	probability	NN
cord-311521-4calrk5l	104	17	matrix	matrix	NN
cord-311521-4calrk5l	104	18	.	.	.
cord-311521-4calrk5l	105	1	The	the	DT
cord-311521-4calrk5l	105	2	residual	residual	JJ
cord-311521-4calrk5l	105	3	term	term	NN
cord-311521-4calrk5l	105	4	is	be	VBZ
cord-311521-4calrk5l	105	5	also	also	RB
cord-311521-4calrk5l	105	6	dependent	dependent	JJ
cord-311521-4calrk5l	105	7	on	on	IN
cord-311521-4calrk5l	105	8	the	the	DT
cord-311521-4calrk5l	105	9	Markov	Markov	NNP
cord-311521-4calrk5l	105	10	state	state	NN
cord-311521-4calrk5l	105	11	occurring	occurring	NN
cord-311521-4calrk5l	105	12	and	and	CC
cord-311521-4calrk5l	105	13	the	the	DT
cord-311521-4calrk5l	105	14	variance	variance	NN
cord-311521-4calrk5l	105	15	of	of	IN
cord-311521-4calrk5l	105	16	this	this	DT
cord-311521-4calrk5l	105	17	residual	residual	JJ
cord-311521-4calrk5l	105	18	variable	variable	NN
cord-311521-4calrk5l	105	19	is	be	VBZ
cord-311521-4calrk5l	105	20	also	also	RB
cord-311521-4calrk5l	105	21	state	state	NN
cord-311521-4calrk5l	105	22	dependent	dependent	JJ
cord-311521-4calrk5l	105	23	.	.	.
cord-311521-4calrk5l	106	1	In	in	IN
cord-311521-4calrk5l	106	2	fact	fact	NN
cord-311521-4calrk5l	106	3	,	,	,
cord-311521-4calrk5l	106	4	the	the	DT
cord-311521-4calrk5l	106	5	realization	realization	NN
cord-311521-4calrk5l	106	6	of	of	IN
cord-311521-4calrk5l	106	7	the	the	DT
cord-311521-4calrk5l	106	8	J	J	NNP
cord-311521-4calrk5l	106	9	o	o	NN
cord-311521-4calrk5l	106	10	u	u	NN
cord-311521-4calrk5l	106	11	r	r	NN
cord-311521-4calrk5l	106	12	n	n	NN
cord-311521-4calrk5l	106	13	a	a	DT
cord-311521-4calrk5l	106	14	l	l	NN
cord-311521-4calrk5l	106	15	P	p	NN
cord-311521-4calrk5l	106	16	r	r	NN
cord-311521-4calrk5l	106	17	e	e	NN
cord-311521-4calrk5l	107	1	-p	-p	NNP
cord-311521-4calrk5l	107	2	r	r	NN
cord-311521-4calrk5l	107	3	o	o	NN
cord-311521-4calrk5l	107	4	o	o	NN
cord-311521-4calrk5l	108	1	f	f	LS
cord-311521-4calrk5l	108	2	residual	residual	JJ
cord-311521-4calrk5l	108	3	variance	variance	NN
cord-311521-4calrk5l	108	4	is	be	VBZ
cord-311521-4calrk5l	108	5	one	one	CD
cord-311521-4calrk5l	108	6	way	way	NN
cord-311521-4calrk5l	108	7	of	of	IN
cord-311521-4calrk5l	108	8	classifying	classify	VBG
cord-311521-4calrk5l	108	9	the	the	DT
cord-311521-4calrk5l	108	10	states	state	NNS
cord-311521-4calrk5l	108	11	to	to	TO
cord-311521-4calrk5l	108	12	which	which	WDT
cord-311521-4calrk5l	108	13	we	-PRON-	PRP
cord-311521-4calrk5l	108	14	may	may	MD
cord-311521-4calrk5l	108	15	be	be	VB
cord-311521-4calrk5l	108	16	able	able	JJ
cord-311521-4calrk5l	108	17	to	to	TO
cord-311521-4calrk5l	108	18	attach	attach	VB
cord-311521-4calrk5l	108	19	economic	economic	JJ
cord-311521-4calrk5l	108	20	significance	significance	NN
cord-311521-4calrk5l	109	1	In	in	IN
cord-311521-4calrk5l	109	2	contrast	contrast	NN
cord-311521-4calrk5l	109	3	to	to	IN
cord-311521-4calrk5l	109	4	linear	linear	JJ
cord-311521-4calrk5l	109	5	models	model	NNS
cord-311521-4calrk5l	109	6	that	that	WDT
cord-311521-4calrk5l	109	7	assume	assume	VBP
cord-311521-4calrk5l	109	8	stationary	stationary	JJ
cord-311521-4calrk5l	109	9	distributions	distribution	NNS
cord-311521-4calrk5l	109	10	,	,	,
cord-311521-4calrk5l	109	11	regime	regime	NN
cord-311521-4calrk5l	109	12	-	-	HYPH
cord-311521-4calrk5l	109	13	switching	switching	NN
cord-311521-4calrk5l	109	14	models	model	NNS
cord-311521-4calrk5l	109	15	are	be	VBP
cord-311521-4calrk5l	109	16	based	base	VBN
cord-311521-4calrk5l	109	17	on	on	IN
cord-311521-4calrk5l	109	18	a	a	DT
cord-311521-4calrk5l	109	19	mixture	mixture	NN
cord-311521-4calrk5l	109	20	of	of	IN
cord-311521-4calrk5l	109	21	parametric	parametric	JJ
cord-311521-4calrk5l	109	22	distributions	distribution	NNS
cord-311521-4calrk5l	109	23	whose	whose	WP$
cord-311521-4calrk5l	109	24	probabilities	probability	NNS
cord-311521-4calrk5l	109	25	depend	depend	VBP
cord-311521-4calrk5l	109	26	on	on	IN
cord-311521-4calrk5l	109	27	unobserved	unobserved	JJ
cord-311521-4calrk5l	109	28	state	state	NN
cord-311521-4calrk5l	109	29	variable	variable	NN
cord-311521-4calrk5l	109	30	.	.	.
cord-311521-4calrk5l	110	1	In	in	IN
cord-311521-4calrk5l	110	2	our	-PRON-	PRP$
cord-311521-4calrk5l	110	3	model	model	NN
cord-311521-4calrk5l	110	4	,	,	,
cord-311521-4calrk5l	110	5	the	the	DT
cord-311521-4calrk5l	110	6	economy	economy	NN
cord-311521-4calrk5l	110	7	alternates	alternate	VBZ
cord-311521-4calrk5l	110	8	between	between	IN
cord-311521-4calrk5l	110	9	two	two	CD
cord-311521-4calrk5l	110	10	unobserved	unobserved	JJ
cord-311521-4calrk5l	110	11	states	state	NNS
cord-311521-4calrk5l	110	12	of	of	IN
cord-311521-4calrk5l	110	13	high	high	JJ
cord-311521-4calrk5l	110	14	volatility	volatility	NN
cord-311521-4calrk5l	110	15	and	and	CC
cord-311521-4calrk5l	110	16	low	low	JJ
cord-311521-4calrk5l	110	17	volatility	volatility	NN
cord-311521-4calrk5l	110	18	according	accord	VBG
cord-311521-4calrk5l	110	19	to	to	IN
cord-311521-4calrk5l	110	20	a	a	DT
cord-311521-4calrk5l	110	21	Markov	Markov	NNP
cord-311521-4calrk5l	110	22	chain	chain	NN
cord-311521-4calrk5l	110	23	process	process	NN
cord-311521-4calrk5l	110	24	.	.	.
cord-311521-4calrk5l	111	1	Since	since	IN
cord-311521-4calrk5l	111	2	we	-PRON-	PRP
cord-311521-4calrk5l	111	3	have	have	VBP
cord-311521-4calrk5l	111	4	identified	identify	VBN
cord-311521-4calrk5l	111	5	that	that	IN
cord-311521-4calrk5l	111	6	the	the	DT
cord-311521-4calrk5l	111	7	parameters	parameter	NNS
cord-311521-4calrk5l	111	8	are	be	VBP
cord-311521-4calrk5l	111	9	not	not	RB
cord-311521-4calrk5l	111	10	constant	constant	JJ
cord-311521-4calrk5l	111	11	through	through	IN
cord-311521-4calrk5l	111	12	time	time	NN
cord-311521-4calrk5l	111	13	,	,	,
cord-311521-4calrk5l	111	14	and	and	CC
cord-311521-4calrk5l	111	15	some	some	DT
cord-311521-4calrk5l	111	16	sort	sort	NN
cord-311521-4calrk5l	111	17	of	of	IN
cord-311521-4calrk5l	111	18	structural	structural	JJ
cord-311521-4calrk5l	111	19	break	break	NN
cord-311521-4calrk5l	111	20	occurs	occur	VBZ
cord-311521-4calrk5l	111	21	in	in	IN
cord-311521-4calrk5l	111	22	the	the	DT
cord-311521-4calrk5l	111	23	series	series	NN
cord-311521-4calrk5l	111	24	,	,	,
cord-311521-4calrk5l	111	25	we	-PRON-	PRP
cord-311521-4calrk5l	111	26	have	have	VBP
cord-311521-4calrk5l	111	27	certain	certain	JJ
cord-311521-4calrk5l	111	28	modelling	modelling	NN
cord-311521-4calrk5l	111	29	choices	choice	NNS
cord-311521-4calrk5l	111	30	.	.	.
cord-311521-4calrk5l	112	1	One	one	CD
cord-311521-4calrk5l	112	2	alternative	alternative	NN
cord-311521-4calrk5l	112	3	is	be	VBZ
cord-311521-4calrk5l	112	4	to	to	TO
cord-311521-4calrk5l	112	5	estimate	estimate	VB
cord-311521-4calrk5l	112	6	the	the	DT
cord-311521-4calrk5l	112	7	model	model	NN
cord-311521-4calrk5l	112	8	over	over	IN
cord-311521-4calrk5l	112	9	different	different	JJ
cord-311521-4calrk5l	112	10	sub	sub	NN
cord-311521-4calrk5l	112	11	-	-	NNS
cord-311521-4calrk5l	112	12	samples	sample	NNS
cord-311521-4calrk5l	112	13	if	if	IN
cord-311521-4calrk5l	112	14	the	the	DT
cord-311521-4calrk5l	112	15	timing	timing	NN
cord-311521-4calrk5l	112	16	of	of	IN
cord-311521-4calrk5l	112	17	the	the	DT
cord-311521-4calrk5l	112	18	break	break	NN
cord-311521-4calrk5l	112	19	is	be	VBZ
cord-311521-4calrk5l	112	20	known	know	VBN
cord-311521-4calrk5l	112	21	.	.	.
cord-311521-4calrk5l	113	1	Another	another	DT
cord-311521-4calrk5l	113	2	alternative	alternative	NN
cord-311521-4calrk5l	113	3	is	be	VBZ
cord-311521-4calrk5l	113	4	to	to	TO
cord-311521-4calrk5l	113	5	make	make	VB
cord-311521-4calrk5l	113	6	the	the	DT
cord-311521-4calrk5l	113	7	structural	structural	JJ
cord-311521-4calrk5l	113	8	break	break	NN
cord-311521-4calrk5l	113	9	endogenous	endogenous	JJ
cord-311521-4calrk5l	113	10	to	to	IN
cord-311521-4calrk5l	113	11	the	the	DT
cord-311521-4calrk5l	113	12	model	model	NN
cord-311521-4calrk5l	113	13	since	since	IN
cord-311521-4calrk5l	113	14	in	in	IN
cord-311521-4calrk5l	113	15	many	many	JJ
cord-311521-4calrk5l	113	16	cases	case	NNS
cord-311521-4calrk5l	113	17	the	the	DT
cord-311521-4calrk5l	113	18	timing	timing	NN
cord-311521-4calrk5l	113	19	of	of	IN
cord-311521-4calrk5l	113	20	the	the	DT
cord-311521-4calrk5l	113	21	shift	shift	NN
cord-311521-4calrk5l	113	22	may	may	MD
cord-311521-4calrk5l	113	23	not	not	RB
cord-311521-4calrk5l	113	24	be	be	VB
cord-311521-4calrk5l	113	25	known	know	VBN
cord-311521-4calrk5l	113	26	.	.	.
cord-311521-4calrk5l	114	1	By	by	IN
cord-311521-4calrk5l	114	2	making	make	VBG
cord-311521-4calrk5l	114	3	the	the	DT
cord-311521-4calrk5l	114	4	shift(s	shift(s	NNP
cord-311521-4calrk5l	114	5	)	)	-RRB-
cord-311521-4calrk5l	114	6	endogenous	endogenous	JJ
cord-311521-4calrk5l	114	7	to	to	IN
cord-311521-4calrk5l	114	8	the	the	DT
cord-311521-4calrk5l	114	9	model	model	NN
cord-311521-4calrk5l	114	10	,	,	,
cord-311521-4calrk5l	114	11	we	-PRON-	PRP
cord-311521-4calrk5l	114	12	can	can	MD
cord-311521-4calrk5l	114	13	also	also	RB
cord-311521-4calrk5l	114	14	make	make	VB
cord-311521-4calrk5l	114	15	inferences	inference	NNS
cord-311521-4calrk5l	114	16	about	about	IN
cord-311521-4calrk5l	114	17	the	the	DT
cord-311521-4calrk5l	114	18	process	process	NN
cord-311521-4calrk5l	114	19	that	that	WDT
cord-311521-4calrk5l	114	20	drives	drive	VBZ
cord-311521-4calrk5l	114	21	these	these	DT
cord-311521-4calrk5l	114	22	shifts	shift	NNS
cord-311521-4calrk5l	114	23	.	.	.
cord-311521-4calrk5l	115	1	Models	model	NNS
cord-311521-4calrk5l	115	2	that	that	WDT
cord-311521-4calrk5l	115	3	shift	shift	VBP
cord-311521-4calrk5l	115	4	between	between	IN
cord-311521-4calrk5l	115	5	various	various	JJ
cord-311521-4calrk5l	115	6	densities	density	NNS
cord-311521-4calrk5l	115	7	allow	allow	VBP
cord-311521-4calrk5l	115	8	us	-PRON-	PRP
cord-311521-4calrk5l	115	9	to	to	TO
cord-311521-4calrk5l	115	10	incorporate	incorporate	VB
cord-311521-4calrk5l	115	11	structural	structural	JJ
cord-311521-4calrk5l	115	12	breaks	break	NNS
cord-311521-4calrk5l	115	13	in	in	IN
cord-311521-4calrk5l	115	14	the	the	DT
cord-311521-4calrk5l	115	15	estimation	estimation	NN
cord-311521-4calrk5l	115	16	procedure	procedure	NN
cord-311521-4calrk5l	115	17	.	.	.
cord-311521-4calrk5l	116	1	A	a	DT
cord-311521-4calrk5l	116	2	source	source	NN
cord-311521-4calrk5l	116	3	of	of	IN
cord-311521-4calrk5l	116	4	uncertainty	uncertainty	NN
cord-311521-4calrk5l	116	5	,	,	,
cord-311521-4calrk5l	116	6	idiosyncratic	idiosyncratic	JJ
cord-311521-4calrk5l	116	7	to	to	IN
cord-311521-4calrk5l	116	8	regime	regime	NN
cord-311521-4calrk5l	116	9	switching	switch	VBG
cord-311521-4calrk5l	116	10	models	model	NNS
cord-311521-4calrk5l	116	11	is	be	VBZ
cord-311521-4calrk5l	116	12	the	the	DT
cord-311521-4calrk5l	116	13	ex	ex	JJ
cord-311521-4calrk5l	116	14	-	-	JJ
cord-311521-4calrk5l	116	15	post	post	JJ
cord-311521-4calrk5l	116	16	determination	determination	NN
cord-311521-4calrk5l	116	17	of	of	IN
cord-311521-4calrk5l	116	18	regimes	regime	NNS
cord-311521-4calrk5l	116	19	.	.	.
cord-311521-4calrk5l	117	1	In	in	IN
cord-311521-4calrk5l	117	2	switching	switch	VBG
cord-311521-4calrk5l	117	3	models	model	NNS
cord-311521-4calrk5l	117	4	,	,	,
cord-311521-4calrk5l	117	5	it	-PRON-	PRP
cord-311521-4calrk5l	117	6	is	be	VBZ
cord-311521-4calrk5l	117	7	assumed	assume	VBN
cord-311521-4calrk5l	117	8	that	that	IN
cord-311521-4calrk5l	117	9	the	the	DT
cord-311521-4calrk5l	117	10	occurrence	occurrence	NN
cord-311521-4calrk5l	117	11	of	of	IN
cord-311521-4calrk5l	117	12	a	a	DT
cord-311521-4calrk5l	117	13	regime	regime	NN
cord-311521-4calrk5l	117	14	is	be	VBZ
cord-311521-4calrk5l	117	15	observed	observe	VBN
cord-311521-4calrk5l	117	16	by	by	IN
cord-311521-4calrk5l	117	17	the	the	DT
cord-311521-4calrk5l	117	18	market	market	NN
cord-311521-4calrk5l	117	19	but	but	CC
cord-311521-4calrk5l	117	20	not	not	RB
cord-311521-4calrk5l	117	21	by	by	IN
cord-311521-4calrk5l	117	22	the	the	DT
cord-311521-4calrk5l	117	23	econometrician	econometrician	NN
cord-311521-4calrk5l	117	24	who	who	WP
cord-311521-4calrk5l	117	25	must	must	MD
cord-311521-4calrk5l	117	26	infer	infer	VB
cord-311521-4calrk5l	117	27	it	-PRON-	PRP
cord-311521-4calrk5l	117	28	from	from	IN
cord-311521-4calrk5l	117	29	the	the	DT
cord-311521-4calrk5l	117	30	model	model	NN
cord-311521-4calrk5l	117	31	.	.	.
cord-311521-4calrk5l	118	1	Until	until	IN
cord-311521-4calrk5l	118	2	recently	recently	RB
cord-311521-4calrk5l	118	3	,	,	,
cord-311521-4calrk5l	118	4	the	the	DT
cord-311521-4calrk5l	118	5	quality	quality	NN
cord-311521-4calrk5l	118	6	of	of	IN
cord-311521-4calrk5l	118	7	regime	regime	NN
cord-311521-4calrk5l	118	8	classification	classification	NN
cord-311521-4calrk5l	118	9	was	be	VBD
cord-311521-4calrk5l	118	10	determined	determine	VBN
cord-311521-4calrk5l	118	11	by	by	IN
cord-311521-4calrk5l	118	12	focusing	focus	VBG
cord-311521-4calrk5l	118	13	on	on	IN
cord-311521-4calrk5l	118	14	the	the	DT
cord-311521-4calrk5l	118	15	smoothed	smooth	VBN
cord-311521-4calrk5l	118	16	expost	expost	NN
cord-311521-4calrk5l	118	17	regime	regime	NN
cord-311521-4calrk5l	118	18	transition	transition	NN
cord-311521-4calrk5l	118	19	probabilities	probability	NNS
cord-311521-4calrk5l	118	20	.	.	.
cord-311521-4calrk5l	119	1	An	an	DT
cord-311521-4calrk5l	119	2	innovation	innovation	NN
cord-311521-4calrk5l	119	3	in	in	IN
cord-311521-4calrk5l	119	4	this	this	DT
cord-311521-4calrk5l	119	5	area	area	NN
cord-311521-4calrk5l	119	6	is	be	VBZ
cord-311521-4calrk5l	119	7	the	the	DT
cord-311521-4calrk5l	119	8	Regime	Regime	NNP
cord-311521-4calrk5l	119	9	Classification	Classification	NNP
cord-311521-4calrk5l	119	10	Measure	measure	NN
cord-311521-4calrk5l	119	11	(	(	-LRB-
cord-311521-4calrk5l	119	12	RCM	RCM	NNP
cord-311521-4calrk5l	119	13	)	)	-RRB-
cord-311521-4calrk5l	119	14	proposed	propose	VBN
cord-311521-4calrk5l	119	15	by	by	IN
cord-311521-4calrk5l	119	16	Ang	Ang	NNP
cord-311521-4calrk5l	119	17	and	and	CC
cord-311521-4calrk5l	119	18	Bekaert	Bekaert	NNP
cord-311521-4calrk5l	119	19	(	(	-LRB-
cord-311521-4calrk5l	119	20	2002	2002	CD
cord-311521-4calrk5l	119	21	)	)	-RRB-
cord-311521-4calrk5l	119	22	.	.	.
cord-311521-4calrk5l	120	1	This	this	DT
cord-311521-4calrk5l	120	2	is	be	VBZ
cord-311521-4calrk5l	120	3	essentially	essentially	RB
cord-311521-4calrk5l	120	4	a	a	DT
cord-311521-4calrk5l	120	5	sample	sample	NN
cord-311521-4calrk5l	120	6	estimate	estimate	NN
cord-311521-4calrk5l	120	7	of	of	IN
cord-311521-4calrk5l	120	8	the	the	DT
cord-311521-4calrk5l	120	9	variance	variance	NN
cord-311521-4calrk5l	120	10	of	of	IN
cord-311521-4calrk5l	120	11	the	the	DT
cord-311521-4calrk5l	120	12	probability	probability	NN
cord-311521-4calrk5l	120	13	series	series	NN
cord-311521-4calrk5l	120	14	.	.	.
cord-311521-4calrk5l	121	1	It	-PRON-	PRP
cord-311521-4calrk5l	121	2	is	be	VBZ
cord-311521-4calrk5l	121	3	based	base	VBN
cord-311521-4calrk5l	121	4	on	on	IN
cord-311521-4calrk5l	121	5	the	the	DT
cord-311521-4calrk5l	121	6	idea	idea	NN
cord-311521-4calrk5l	121	7	that	that	WDT
cord-311521-4calrk5l	121	8	perfect	perfect	JJ
cord-311521-4calrk5l	121	9	classification	classification	NN
cord-311521-4calrk5l	121	10	of	of	IN
cord-311521-4calrk5l	121	11	regimes	regime	NNS
cord-311521-4calrk5l	121	12	would	would	MD
cord-311521-4calrk5l	121	13	infer	infer	VB
cord-311521-4calrk5l	121	14	a	a	DT
cord-311521-4calrk5l	121	15	value	value	NN
cord-311521-4calrk5l	121	16	of	of	IN
cord-311521-4calrk5l	121	17	0	0	CD
cord-311521-4calrk5l	121	18	or	or	CC
cord-311521-4calrk5l	121	19	1	1	CD
cord-311521-4calrk5l	121	20	for	for	IN
cord-311521-4calrk5l	121	21	the	the	DT
cord-311521-4calrk5l	121	22	probability	probability	NN
cord-311521-4calrk5l	121	23	series	series	NN
cord-311521-4calrk5l	121	24	and	and	CC
cord-311521-4calrk5l	121	25	would	would	MD
cord-311521-4calrk5l	121	26	be	be	VB
cord-311521-4calrk5l	121	27	a	a	DT
cord-311521-4calrk5l	121	28	Bernoulli	Bernoulli	NNP
cord-311521-4calrk5l	121	29	random	random	JJ
cord-311521-4calrk5l	121	30	variable	variable	NN
cord-311521-4calrk5l	121	31	.	.	.
cord-311521-4calrk5l	122	1			NFP
cord-311521-4calrk5l	123	1	U2	U2	NNP
cord-311521-4calrk5l	124	1	=	=	NFP
cord-311521-4calrk5l	125	1	Percentage	percentage	NN
cord-311521-4calrk5l	125	2	of	of	IN
cord-311521-4calrk5l	125	3	labor	labor	NN
cord-311521-4calrk5l	125	4	force	force	NN
cord-311521-4calrk5l	125	5	who	who	WP
cord-311521-4calrk5l	125	6	lost	lose	VBD
cord-311521-4calrk5l	125	7	jobs	job	NNS
cord-311521-4calrk5l	125	8	or	or	CC
cord-311521-4calrk5l	125	9	completed	complete	VBN
cord-311521-4calrk5l	125	10	temporary	temporary	JJ
cord-311521-4calrk5l	125	11	work	work	NN
cord-311521-4calrk5l	125	12	.	.	.
cord-311521-4calrk5l	126	1			NFP
cord-311521-4calrk5l	127	1	U3	u3	NN
cord-311521-4calrk5l	127	2	=	=	NFP
cord-311521-4calrk5l	128	1	Percentage	percentage	NN
cord-311521-4calrk5l	128	2	of	of	IN
cord-311521-4calrk5l	128	3	labor	labor	NN
cord-311521-4calrk5l	128	4	force	force	NN
cord-311521-4calrk5l	128	5	who	who	WP
cord-311521-4calrk5l	128	6	are	be	VBP
cord-311521-4calrk5l	128	7	without	without	IN
cord-311521-4calrk5l	128	8	jobs	job	NNS
cord-311521-4calrk5l	128	9	and	and	CC
cord-311521-4calrk5l	128	10	have	have	VBP
cord-311521-4calrk5l	128	11	looked	look	VBN
cord-311521-4calrk5l	128	12	for	for	IN
cord-311521-4calrk5l	128	13	work	work	NN
cord-311521-4calrk5l	128	14	in	in	IN
cord-311521-4calrk5l	128	15	the	the	DT
cord-311521-4calrk5l	128	16	last	last	JJ
cord-311521-4calrk5l	128	17	four	four	CD
cord-311521-4calrk5l	128	18	weeks	week	NNS
cord-311521-4calrk5l	129	1	(	(	-LRB-
cord-311521-4calrk5l	129	2	note	note	VB
cord-311521-4calrk5l	129	3	that	that	IN
cord-311521-4calrk5l	129	4	this	this	DT
cord-311521-4calrk5l	129	5	is	be	VBZ
cord-311521-4calrk5l	129	6	the	the	DT
cord-311521-4calrk5l	129	7	officially	officially	RB
cord-311521-4calrk5l	129	8	-	-	HYPH
cord-311521-4calrk5l	129	9	reported	report	VBN
cord-311521-4calrk5l	129	10	unemployment	unemployment	NN
cord-311521-4calrk5l	129	11	rate	rate	NN
cord-311521-4calrk5l	129	12	)	)	-RRB-
cord-311521-4calrk5l	129	13	.	.	.
cord-311521-4calrk5l	130	1			NFP
cord-311521-4calrk5l	131	1	U4	u4	NN
cord-311521-4calrk5l	131	2	=	=	SYM
cord-311521-4calrk5l	131	3	U3	u3	NN
cord-311521-4calrk5l	131	4	plus	plus	CC
cord-311521-4calrk5l	131	5	the	the	DT
cord-311521-4calrk5l	131	6	percent	percent	NN
cord-311521-4calrk5l	131	7	of	of	IN
cord-311521-4calrk5l	131	8	the	the	DT
cord-311521-4calrk5l	131	9	labor	labor	NN
cord-311521-4calrk5l	131	10	force	force	NN
cord-311521-4calrk5l	131	11	that	that	WDT
cord-311521-4calrk5l	131	12	count	count	VBP
cord-311521-4calrk5l	131	13	as	as	IN
cord-311521-4calrk5l	131	14	"	"	``
cord-311521-4calrk5l	131	15	discouraged	discouraged	JJ
cord-311521-4calrk5l	131	16	workers	worker	NNS
cord-311521-4calrk5l	131	17	,	,	,
cord-311521-4calrk5l	131	18	"	"	''
cord-311521-4calrk5l	131	19	i.e.	i.e.	FW
cord-311521-4calrk5l	131	20	people	people	NNS
cord-311521-4calrk5l	131	21	who	who	WP
cord-311521-4calrk5l	131	22	would	would	MD
cord-311521-4calrk5l	131	23	like	like	VB
cord-311521-4calrk5l	131	24	to	to	TO
cord-311521-4calrk5l	131	25	work	work	VB
cord-311521-4calrk5l	131	26	but	but	CC
cord-311521-4calrk5l	131	27	have	have	VBP
cord-311521-4calrk5l	131	28	stopped	stop	VBN
cord-311521-4calrk5l	131	29	looking	look	VBG
cord-311521-4calrk5l	131	30	because	because	IN
cord-311521-4calrk5l	131	31	they	-PRON-	PRP
cord-311521-4calrk5l	131	32	are	be	VBP
cord-311521-4calrk5l	131	33	convinced	convinced	JJ
cord-311521-4calrk5l	131	34	that	that	IN
cord-311521-4calrk5l	131	35	they	-PRON-	PRP
cord-311521-4calrk5l	131	36	ca	can	MD
cord-311521-4calrk5l	131	37	n't	not	RB
cord-311521-4calrk5l	131	38	find	find	VB
cord-311521-4calrk5l	131	39	jobs	job	NNS
cord-311521-4calrk5l	131	40	.	.	.
cord-311521-4calrk5l	132	1			NFP
cord-311521-4calrk5l	133	1	U5	U5	NNP
cord-311521-4calrk5l	133	2	=	=	SYM
cord-311521-4calrk5l	133	3	U4	u4	NN
cord-311521-4calrk5l	133	4	plus	plus	CC
cord-311521-4calrk5l	133	5	the	the	DT
cord-311521-4calrk5l	133	6	percent	percent	NN
cord-311521-4calrk5l	133	7	of	of	IN
cord-311521-4calrk5l	133	8	the	the	DT
cord-311521-4calrk5l	133	9	labor	labor	NN
cord-311521-4calrk5l	133	10	force	force	NN
cord-311521-4calrk5l	133	11	that	that	WDT
cord-311521-4calrk5l	133	12	count	count	VBP
cord-311521-4calrk5l	133	13	as	as	IN
cord-311521-4calrk5l	133	14	"	"	``
cord-311521-4calrk5l	133	15	marginally	marginally	RB
cord-311521-4calrk5l	133	16	attached	attach	VBN
cord-311521-4calrk5l	133	17	"	"	''
cord-311521-4calrk5l	133	18	or	or	CC
cord-311521-4calrk5l	133	19	"	"	``
cord-311521-4calrk5l	133	20	loosely	loosely	RB
cord-311521-4calrk5l	133	21	attached	attach	VBN
cord-311521-4calrk5l	133	22	"	"	''
cord-311521-4calrk5l	133	23	workers	worker	NNS
cord-311521-4calrk5l	133	24	,	,	,
cord-311521-4calrk5l	133	25	i.e.	i.e.	FW
cord-311521-4calrk5l	133	26	people	people	NNS
cord-311521-4calrk5l	133	27	who	who	WP
cord-311521-4calrk5l	133	28	would	would	MD
cord-311521-4calrk5l	133	29	theoretically	theoretically	RB
cord-311521-4calrk5l	133	30	like	like	VB
cord-311521-4calrk5l	133	31	to	to	TO
cord-311521-4calrk5l	133	32	work	work	VB
cord-311521-4calrk5l	133	33	but	but	CC
cord-311521-4calrk5l	133	34	have	have	VBP
cord-311521-4calrk5l	133	35	n't	not	RB
cord-311521-4calrk5l	133	36	looked	look	VBN
cord-311521-4calrk5l	133	37	for	for	IN
cord-311521-4calrk5l	133	38	work	work	NN
cord-311521-4calrk5l	133	39	within	within	IN
cord-311521-4calrk5l	133	40	the	the	DT
cord-311521-4calrk5l	133	41	past	past	JJ
cord-311521-4calrk5l	133	42	four	four	CD
cord-311521-4calrk5l	133	43	weeks	week	NNS
cord-311521-4calrk5l	133	44	.	.	.
cord-311521-4calrk5l	134	1			NFP
cord-311521-4calrk5l	135	1	U6	u6	NN
cord-311521-4calrk5l	135	2	=	=	SYM
cord-311521-4calrk5l	135	3	U5	u5	NN
cord-311521-4calrk5l	135	4	plus	plus	CC
cord-311521-4calrk5l	135	5	the	the	DT
cord-311521-4calrk5l	135	6	percent	percent	NN
cord-311521-4calrk5l	135	7	of	of	IN
cord-311521-4calrk5l	135	8	the	the	DT
cord-311521-4calrk5l	135	9	labor	labor	NN
cord-311521-4calrk5l	135	10	force	force	NN
cord-311521-4calrk5l	135	11	that	that	WDT
cord-311521-4calrk5l	135	12	count	count	VBP
cord-311521-4calrk5l	135	13	as	as	IN
cord-311521-4calrk5l	135	14	"	"	``
cord-311521-4calrk5l	135	15	underemployed	underemployed	JJ
cord-311521-4calrk5l	135	16	,	,	,
cord-311521-4calrk5l	135	17	"	"	''
cord-311521-4calrk5l	135	18	i.e.	i.e.	FW
cord-311521-4calrk5l	135	19	parttime	parttime	NN
cord-311521-4calrk5l	135	20	workers	worker	NNS
cord-311521-4calrk5l	135	21	who	who	WP
cord-311521-4calrk5l	135	22	would	would	MD
cord-311521-4calrk5l	135	23	like	like	VB
cord-311521-4calrk5l	135	24	to	to	TO
cord-311521-4calrk5l	135	25	work	work	VB
cord-311521-4calrk5l	135	26	more	more	RBR
cord-311521-4calrk5l	135	27	but	but	CC
cord-311521-4calrk5l	135	28	ca	can	MD
cord-311521-4calrk5l	135	29	n't	not	RB
cord-311521-4calrk5l	135	30	find	find	VB
cord-311521-4calrk5l	135	31	full	full	JJ
cord-311521-4calrk5l	135	32	-	-	HYPH
cord-311521-4calrk5l	135	33	time	time	NN
cord-311521-4calrk5l	135	34	jobs	job	NNS
cord-311521-4calrk5l	135	35	.	.	.
cord-311521-4calrk5l	136	1	Graph	graph	NN
cord-311521-4calrk5l	136	2	1	1	CD
cord-311521-4calrk5l	136	3	illustrates	illustrate	VBZ
cord-311521-4calrk5l	136	4	these	these	DT
cord-311521-4calrk5l	136	5	six	six	CD
cord-311521-4calrk5l	136	6	proxies	proxy	NNS
cord-311521-4calrk5l	136	7	for	for	IN
cord-311521-4calrk5l	136	8	the	the	DT
cord-311521-4calrk5l	136	9	unemployment	unemployment	NN
cord-311521-4calrk5l	136	10	rate	rate	NN
cord-311521-4calrk5l	136	11	 	 	_SP
cord-311521-4calrk5l	137	1	First	first	RB
cord-311521-4calrk5l	137	2	,	,	,
cord-311521-4calrk5l	137	3	all	all	DT
cord-311521-4calrk5l	137	4	6	6	CD
cord-311521-4calrk5l	137	5	Tables	table	NNS
cord-311521-4calrk5l	137	6	show	show	VBP
cord-311521-4calrk5l	137	7	that	that	IN
cord-311521-4calrk5l	137	8	all	all	DT
cord-311521-4calrk5l	137	9	measures	measure	NNS
cord-311521-4calrk5l	137	10	of	of	IN
cord-311521-4calrk5l	137	11	unemployment	unemployment	NN
cord-311521-4calrk5l	137	12	changes	change	NNS
cord-311521-4calrk5l	137	13	are	be	VBP
cord-311521-4calrk5l	137	14	driven	drive	VBN
cord-311521-4calrk5l	137	15	by	by	IN
cord-311521-4calrk5l	137	16	changes	change	NNS
cord-311521-4calrk5l	137	17	in	in	IN
cord-311521-4calrk5l	137	18	independent	independent	JJ
cord-311521-4calrk5l	137	19	variables	variable	NNS
cord-311521-4calrk5l	137	20	that	that	WDT
cord-311521-4calrk5l	137	21	are	be	VBP
cord-311521-4calrk5l	137	22	significant	significant	JJ
cord-311521-4calrk5l	137	23	in	in	IN
cord-311521-4calrk5l	137	24	both	both	CC
cord-311521-4calrk5l	137	25	the	the	DT
cord-311521-4calrk5l	137	26	low	low	JJ
cord-311521-4calrk5l	137	27	and	and	CC
cord-311521-4calrk5l	137	28	the	the	DT
cord-311521-4calrk5l	137	29	high	high	JJ
cord-311521-4calrk5l	137	30	volatility	volatility	NN
cord-311521-4calrk5l	137	31	Markov	Markov	NNP
cord-311521-4calrk5l	137	32	regimes	regime	NNS
cord-311521-4calrk5l	137	33	.	.	.
cord-311521-4calrk5l	138	1	We	-PRON-	PRP
cord-311521-4calrk5l	138	2	work	work	VBP
cord-311521-4calrk5l	138	3	with	with	IN
cord-311521-4calrk5l	138	4	first	first	JJ
cord-311521-4calrk5l	138	5	differences	difference	NNS
cord-311521-4calrk5l	138	6	because	because	IN
cord-311521-4calrk5l	138	7	of	of	IN
cord-311521-4calrk5l	138	8	the	the	DT
cord-311521-4calrk5l	138	9	non	non	JJ
cord-311521-4calrk5l	138	10	-	-	JJ
cord-311521-4calrk5l	138	11	stationarity	stationarity	NN
cord-311521-4calrk5l	138	12	of	of	IN
cord-311521-4calrk5l	138	13	our	-PRON-	PRP$
cord-311521-4calrk5l	138	14	variables	variable	NNS
cord-311521-4calrk5l	138	15	.	.	.
cord-311521-4calrk5l	139	1	Second	second	RB
cord-311521-4calrk5l	139	2	,	,	,
cord-311521-4calrk5l	139	3	the	the	DT
cord-311521-4calrk5l	139	4	2	2	CD
cord-311521-4calrk5l	139	5	monetary	monetary	JJ
cord-311521-4calrk5l	139	6	policy	policy	NN
cord-311521-4calrk5l	139	7	instruments	instrument	NNS
cord-311521-4calrk5l	139	8	used	use	VBN
cord-311521-4calrk5l	139	9	by	by	IN
cord-311521-4calrk5l	139	10	the	the	DT
cord-311521-4calrk5l	139	11	Fed	Fed	NNP
cord-311521-4calrk5l	139	12	after	after	IN
cord-311521-4calrk5l	139	13	the	the	DT
cord-311521-4calrk5l	139	14	Lehman	Lehman	NNP
cord-311521-4calrk5l	139	15	Brothers	Brothers	NNPS
cord-311521-4calrk5l	139	16	bankruptcy	bankruptcy	NN
cord-311521-4calrk5l	139	17	were	be	VBD
cord-311521-4calrk5l	139	18	QE	QE	NNP
cord-311521-4calrk5l	139	19	and	and	CC
cord-311521-4calrk5l	139	20	its	-PRON-	PRP$
cord-311521-4calrk5l	139	21	impact	impact	NN
cord-311521-4calrk5l	139	22	on	on	IN
cord-311521-4calrk5l	139	23	reducing	reduce	VBG
cord-311521-4calrk5l	139	24	longer	long	JJR
cord-311521-4calrk5l	139	25	-	-	HYPH
cord-311521-4calrk5l	139	26	term	term	NN
cord-311521-4calrk5l	139	27	interest	interest	NN
cord-311521-4calrk5l	139	28	rates	rate	NNS
cord-311521-4calrk5l	139	29	on	on	IN
cord-311521-4calrk5l	139	30	government	government	NN
cord-311521-4calrk5l	139	31	bonds	bond	NNS
cord-311521-4calrk5l	139	32	.	.	.
cord-311521-4calrk5l	140	1	J	J	NNP
cord-311521-4calrk5l	140	2	o	o	NN
cord-311521-4calrk5l	140	3	u	u	NN
cord-311521-4calrk5l	140	4	r	r	NN
cord-311521-4calrk5l	140	5	n	n	NN
cord-311521-4calrk5l	140	6	a	a	DT
cord-311521-4calrk5l	140	7	l	l	NN
cord-311521-4calrk5l	140	8	P	p	NN
cord-311521-4calrk5l	140	9	r	r	NN
cord-311521-4calrk5l	140	10	e	e	NN
cord-311521-4calrk5l	140	11	-p	-p	NN
cord-311521-4calrk5l	141	1	r	r	NNP
cord-311521-4calrk5l	141	2	o	o	NN
cord-311521-4calrk5l	141	3	o	o	NN
cord-311521-4calrk5l	141	4	f	f	NN
cord-311521-4calrk5l	141	5	studied	study	VBD
cord-311521-4calrk5l	141	6	and	and	CC
cord-311521-4calrk5l	141	7	summarized	summarize	VBD
cord-311521-4calrk5l	141	8	in	in	IN
cord-311521-4calrk5l	141	9	Williams	Williams	NNP
cord-311521-4calrk5l	141	10	(	(	-LRB-
cord-311521-4calrk5l	141	11	2011	2011	CD
cord-311521-4calrk5l	141	12	Williams	Williams	NNP
cord-311521-4calrk5l	141	13	(	(	-LRB-
cord-311521-4calrk5l	141	14	,	,	,
cord-311521-4calrk5l	141	15	2013	2013	CD
cord-311521-4calrk5l	141	16	and	and	CC
cord-311521-4calrk5l	141	17	more	more	RBR
cord-311521-4calrk5l	141	18	recently	recently	RB
cord-311521-4calrk5l	141	19	in	in	IN
cord-311521-4calrk5l	141	20	Bhar	Bhar	NNP
cord-311521-4calrk5l	141	21	,	,	,
cord-311521-4calrk5l	141	22	Malliaris	Malliaris	NNP
cord-311521-4calrk5l	141	23	and	and	CC
cord-311521-4calrk5l	141	24	Malliaris	Malliaris	NNP
cord-311521-4calrk5l	141	25	(	(	-LRB-
cord-311521-4calrk5l	141	26	2015	2015	CD
cord-311521-4calrk5l	141	27	)	)	-RRB-
cord-311521-4calrk5l	141	28	.	.	.
cord-311521-4calrk5l	142	1	U1	U1	NNP
cord-311521-4calrk5l	142	2	is	be	VBZ
cord-311521-4calrk5l	142	3	driven	drive	VBN
cord-311521-4calrk5l	142	4	by	by	IN
cord-311521-4calrk5l	142	5	the	the	DT
cord-311521-4calrk5l	142	6	long	long	RB
cord-311521-4calrk5l	142	7	-	-	HYPH
cord-311521-4calrk5l	142	8	run	run	NN
cord-311521-4calrk5l	142	9	10-Year	10-year	CD
cord-311521-4calrk5l	142	10	T	T	NNP
cord-311521-4calrk5l	142	11	-	-	HYPH
cord-311521-4calrk5l	142	12	Note	note	NN
cord-311521-4calrk5l	142	13	rate	rate	NN
cord-311521-4calrk5l	142	14	in	in	IN
cord-311521-4calrk5l	142	15	the	the	DT
cord-311521-4calrk5l	142	16	low	low	JJ
cord-311521-4calrk5l	142	17	volatility	volatility	NN
cord-311521-4calrk5l	142	18	regime	regime	NN
cord-311521-4calrk5l	142	19	and	and	CC
cord-311521-4calrk5l	142	20	by	by	IN
cord-311521-4calrk5l	142	21	its	-PRON-	PRP$
cord-311521-4calrk5l	142	22	own	own	JJ
cord-311521-4calrk5l	142	23	2-period	2-period	CD
cord-311521-4calrk5l	142	24	lag	lag	VBP
cord-311521-4calrk5l	142	25	in	in	IN
cord-311521-4calrk5l	142	26	the	the	DT
cord-311521-4calrk5l	142	27	high	high	JJ
cord-311521-4calrk5l	142	28	volatility	volatility	NN
cord-311521-4calrk5l	142	29	regime	regime	NN
cord-311521-4calrk5l	142	30	.	.	.
cord-311521-4calrk5l	143	1	U2	U2	NNP
cord-311521-4calrk5l	143	2	is	be	VBZ
cord-311521-4calrk5l	143	3	driven	drive	VBN
cord-311521-4calrk5l	143	4	by	by	IN
cord-311521-4calrk5l	143	5	the	the	DT
cord-311521-4calrk5l	143	6	lagged	lag	VBN
cord-311521-4calrk5l	143	7	T	T	NNP
cord-311521-4calrk5l	143	8	-	-	HYPH
cord-311521-4calrk5l	143	9	Note	note	NN
cord-311521-4calrk5l	143	10	rate	rate	NN
cord-311521-4calrk5l	143	11	in	in	IN
cord-311521-4calrk5l	143	12	the	the	DT
cord-311521-4calrk5l	143	13	low	low	JJ
cord-311521-4calrk5l	143	14	volatility	volatility	NN
cord-311521-4calrk5l	143	15	regime	regime	NN
cord-311521-4calrk5l	143	16	and	and	CC
cord-311521-4calrk5l	143	17	by	by	IN
cord-311521-4calrk5l	143	18	Fed	Fed	NNP
cord-311521-4calrk5l	143	19	Assets	Assets	NNPS
cord-311521-4calrk5l	143	20	in	in	IN
cord-311521-4calrk5l	143	21	the	the	DT
cord-311521-4calrk5l	143	22	high	high	JJ
cord-311521-4calrk5l	143	23	volatility	volatility	NN
cord-311521-4calrk5l	143	24	regime	regime	NN
cord-311521-4calrk5l	143	25	.	.	.
cord-311521-4calrk5l	144	1	Autoregressive	Autoregressive	NNP
cord-311521-4calrk5l	144	2	terms	term	NNS
cord-311521-4calrk5l	144	3	play	play	VBP
cord-311521-4calrk5l	144	4	also	also	RB
cord-311521-4calrk5l	144	5	significantly	significantly	RB
cord-311521-4calrk5l	144	6	for	for	IN
cord-311521-4calrk5l	144	7	U2	U2	NNP
cord-311521-4calrk5l	144	8	.	.	.
cord-311521-4calrk5l	145	1	Third	third	RB
cord-311521-4calrk5l	145	2	,	,	,
cord-311521-4calrk5l	145	3	our	-PRON-	PRP$
cord-311521-4calrk5l	145	4	results	result	NNS
cord-311521-4calrk5l	145	5	are	be	VBP
cord-311521-4calrk5l	145	6	very	very	RB
cord-311521-4calrk5l	145	7	interesting	interesting	JJ
cord-311521-4calrk5l	145	8	for	for	IN
cord-311521-4calrk5l	145	9	U3	u3	NN
cord-311521-4calrk5l	145	10	in	in	IN
cord-311521-4calrk5l	145	11	Table	Table	NNP
cord-311521-4calrk5l	145	12	3	3	CD
cord-311521-4calrk5l	145	13	.	.	.
cord-311521-4calrk5l	146	1	Since	since	IN
cord-311521-4calrk5l	146	2	this	this	DT
cord-311521-4calrk5l	146	3	is	be	VBZ
cord-311521-4calrk5l	146	4	the	the	DT
cord-311521-4calrk5l	146	5	official	official	JJ
cord-311521-4calrk5l	146	6	measure	measure	NN
cord-311521-4calrk5l	146	7	of	of	IN
cord-311521-4calrk5l	146	8	unemployment	unemployment	NN
cord-311521-4calrk5l	146	9	,	,	,
cord-311521-4calrk5l	146	10	it	-PRON-	PRP
cord-311521-4calrk5l	146	11	is	be	VBZ
cord-311521-4calrk5l	146	12	encouraging	encourage	VBG
cord-311521-4calrk5l	146	13	to	to	TO
cord-311521-4calrk5l	146	14	observe	observe	VB
cord-311521-4calrk5l	146	15	that	that	IN
cord-311521-4calrk5l	146	16	U3	U3	NNP
cord-311521-4calrk5l	146	17	is	be	VBZ
cord-311521-4calrk5l	146	18	driven	drive	VBN
cord-311521-4calrk5l	146	19	by	by	IN
cord-311521-4calrk5l	146	20	Fed	Fed	NNP
cord-311521-4calrk5l	146	21	Assets	Assets	NNPS
cord-311521-4calrk5l	146	22	in	in	IN
cord-311521-4calrk5l	146	23	both	both	CC
cord-311521-4calrk5l	146	24	the	the	DT
cord-311521-4calrk5l	146	25	low	low	JJ
cord-311521-4calrk5l	146	26	(	(	-LRB-
cord-311521-4calrk5l	146	27	level	level	NN
cord-311521-4calrk5l	146	28	of	of	IN
cord-311521-4calrk5l	146	29	significance	significance	NN
cord-311521-4calrk5l	146	30	1	1	CD
cord-311521-4calrk5l	146	31	%	%	NN
cord-311521-4calrk5l	146	32	)	)	-RRB-
cord-311521-4calrk5l	146	33	and	and	CC
cord-311521-4calrk5l	146	34	high	high	JJ
cord-311521-4calrk5l	146	35	volatility	volatility	NN
cord-311521-4calrk5l	146	36	(	(	-LRB-
cord-311521-4calrk5l	146	37	level	level	NN
cord-311521-4calrk5l	146	38	of	of	IN
cord-311521-4calrk5l	146	39	significance	significance	NN
cord-311521-4calrk5l	146	40	5	5	CD
cord-311521-4calrk5l	146	41	%	%	NN
cord-311521-4calrk5l	146	42	)	)	-RRB-
cord-311521-4calrk5l	146	43	regimes	regime	NNS
cord-311521-4calrk5l	146	44	.	.	.
cord-311521-4calrk5l	147	1	Also	also	RB
cord-311521-4calrk5l	147	2	,	,	,
cord-311521-4calrk5l	147	3	it	-PRON-	PRP
cord-311521-4calrk5l	147	4	is	be	VBZ
cord-311521-4calrk5l	147	5	important	important	JJ
cord-311521-4calrk5l	147	6	to	to	TO
cord-311521-4calrk5l	147	7	indicate	indicate	VB
cord-311521-4calrk5l	147	8	that	that	IN
cord-311521-4calrk5l	147	9	the	the	DT
cord-311521-4calrk5l	147	10	average	average	JJ
cord-311521-4calrk5l	147	11	duration	duration	NN
cord-311521-4calrk5l	147	12	of	of	IN
cord-311521-4calrk5l	147	13	the	the	DT
cord-311521-4calrk5l	147	14	high	high	JJ
cord-311521-4calrk5l	147	15	volatility	volatility	NN
cord-311521-4calrk5l	147	16	regime	regime	NN
cord-311521-4calrk5l	147	17	for	for	IN
cord-311521-4calrk5l	147	18	U3	U3	NNP
cord-311521-4calrk5l	147	19	is	be	VBZ
cord-311521-4calrk5l	147	20	about	about	RB
cord-311521-4calrk5l	147	21	5.95	5.95	CD
cord-311521-4calrk5l	147	22	months	month	NNS
cord-311521-4calrk5l	147	23	that	that	WDT
cord-311521-4calrk5l	147	24	is	be	VBZ
cord-311521-4calrk5l	147	25	higher	high	JJR
cord-311521-4calrk5l	147	26	than	than	IN
cord-311521-4calrk5l	147	27	the	the	DT
cord-311521-4calrk5l	147	28	low	low	JJ
cord-311521-4calrk5l	147	29	volatility	volatility	NN
cord-311521-4calrk5l	147	30	regime	regime	NN
cord-311521-4calrk5l	147	31	that	that	WDT
cord-311521-4calrk5l	147	32	lasts	last	VBZ
cord-311521-4calrk5l	147	33	only	only	RB
cord-311521-4calrk5l	147	34	1.91	1.91	CD
cord-311521-4calrk5l	147	35	months	month	NNS
cord-311521-4calrk5l	147	36	.	.	.
cord-311521-4calrk5l	148	1	U4	U4	NNP
cord-311521-4calrk5l	148	2	is	be	VBZ
cord-311521-4calrk5l	148	3	driven	drive	VBN
cord-311521-4calrk5l	148	4	by	by	IN
cord-311521-4calrk5l	148	5	Fed	Fed	NNP
cord-311521-4calrk5l	148	6	Assets	Assets	NNPS
cord-311521-4calrk5l	148	7	(	(	-LRB-
cord-311521-4calrk5l	148	8	significance	significance	NN
cord-311521-4calrk5l	148	9	level	level	NN
cord-311521-4calrk5l	148	10	10	10	CD
cord-311521-4calrk5l	148	11	%	%	NN
cord-311521-4calrk5l	148	12	)	)	-RRB-
cord-311521-4calrk5l	148	13	,	,	,
cord-311521-4calrk5l	148	14	the	the	DT
cord-311521-4calrk5l	148	15	T	T	NNP
cord-311521-4calrk5l	148	16	-	-	HYPH
cord-311521-4calrk5l	148	17	Note	note	NN
cord-311521-4calrk5l	148	18	rate	rate	NN
cord-311521-4calrk5l	148	19	and	and	CC
cord-311521-4calrk5l	148	20	autoregressive	autoregressive	JJ
cord-311521-4calrk5l	148	21	factors	factor	NNS
cord-311521-4calrk5l	148	22	in	in	IN
cord-311521-4calrk5l	148	23	the	the	DT
cord-311521-4calrk5l	148	24	low	low	JJ
cord-311521-4calrk5l	148	25	volatility	volatility	NN
cord-311521-4calrk5l	148	26	regime	regime	NN
cord-311521-4calrk5l	148	27	.	.	.
cord-311521-4calrk5l	149	1	U5	U5	NNP
cord-311521-4calrk5l	149	2	on	on	IN
cord-311521-4calrk5l	149	3	the	the	DT
cord-311521-4calrk5l	149	4	other	other	JJ
cord-311521-4calrk5l	149	5	hand	hand	NN
cord-311521-4calrk5l	149	6	is	be	VBZ
cord-311521-4calrk5l	149	7	influenced	influence	VBN
cord-311521-4calrk5l	149	8	by	by	IN
cord-311521-4calrk5l	149	9	Fed	Fed	NNP
cord-311521-4calrk5l	149	10	Assets	Assets	NNPS
cord-311521-4calrk5l	149	11	in	in	IN
cord-311521-4calrk5l	149	12	the	the	DT
cord-311521-4calrk5l	149	13	low	low	JJ
cord-311521-4calrk5l	149	14	volatility	volatility	NN
cord-311521-4calrk5l	149	15	regime	regime	NN
cord-311521-4calrk5l	149	16	and	and	CC
cord-311521-4calrk5l	149	17	by	by	IN
cord-311521-4calrk5l	149	18	the	the	DT
cord-311521-4calrk5l	149	19	T	T	NNP
cord-311521-4calrk5l	149	20	-	-	HYPH
cord-311521-4calrk5l	149	21	Note	note	NN
cord-311521-4calrk5l	149	22	rate	rate	NN
cord-311521-4calrk5l	149	23	in	in	IN
cord-311521-4calrk5l	149	24	the	the	DT
cord-311521-4calrk5l	149	25	high	high	JJ
cord-311521-4calrk5l	149	26	volatility	volatility	NN
cord-311521-4calrk5l	149	27	regime	regime	NN
cord-311521-4calrk5l	149	28	.	.	.
cord-311521-4calrk5l	150	1	Finally	finally	RB
cord-311521-4calrk5l	150	2	,	,	,
cord-311521-4calrk5l	150	3	U6	U6	NNP
cord-311521-4calrk5l	150	4	is	be	VBZ
cord-311521-4calrk5l	150	5	significantly	significantly	RB
cord-311521-4calrk5l	150	6	influenced	influence	VBN
cord-311521-4calrk5l	150	7	by	by	IN
cord-311521-4calrk5l	150	8	both	both	DT
cord-311521-4calrk5l	150	9	Fed	Fed	NNP
cord-311521-4calrk5l	150	10	Assets	Assets	NNPS
cord-311521-4calrk5l	150	11	and	and	CC
cord-311521-4calrk5l	150	12	the	the	DT
cord-311521-4calrk5l	150	13	T	T	NNP
cord-311521-4calrk5l	150	14	-	-	HYPH
cord-311521-4calrk5l	150	15	Note	note	NN
cord-311521-4calrk5l	150	16	rate	rate	NN
cord-311521-4calrk5l	150	17	in	in	IN
cord-311521-4calrk5l	150	18	the	the	DT
cord-311521-4calrk5l	150	19	low	low	JJ
cord-311521-4calrk5l	150	20	volatility	volatility	NN
cord-311521-4calrk5l	150	21	regime	regime	NN
cord-311521-4calrk5l	150	22	and	and	CC
cord-311521-4calrk5l	150	23	by	by	IN
cord-311521-4calrk5l	150	24	autoregressive	autoregressive	JJ
cord-311521-4calrk5l	150	25	factors	factor	NNS
cord-311521-4calrk5l	150	26	in	in	IN
cord-311521-4calrk5l	150	27	the	the	DT
cord-311521-4calrk5l	150	28	high	high	JJ
cord-311521-4calrk5l	150	29	volatility	volatility	NN
cord-311521-4calrk5l	150	30	regime	regime	NN
cord-311521-4calrk5l	150	31	.	.	.
cord-311521-4calrk5l	151	1	The	the	DT
cord-311521-4calrk5l	151	2	over	over	RB
cord-311521-4calrk5l	151	3	-	-	HYPH
cord-311521-4calrk5l	151	4	all	all	DT
cord-311521-4calrk5l	151	5	conclusion	conclusion	NN
cord-311521-4calrk5l	151	6	of	of	IN
cord-311521-4calrk5l	151	7	these	these	DT
cord-311521-4calrk5l	151	8	6	6	CD
cord-311521-4calrk5l	151	9	Tables	Tables	NNPS
cord-311521-4calrk5l	151	10	is	be	VBZ
cord-311521-4calrk5l	151	11	that	that	IN
cord-311521-4calrk5l	151	12	monetary	monetary	JJ
cord-311521-4calrk5l	151	13	policy	policy	NN
cord-311521-4calrk5l	151	14	in	in	IN
cord-311521-4calrk5l	151	15	its	-PRON-	PRP$
cord-311521-4calrk5l	151	16	unconventional	unconventional	JJ
cord-311521-4calrk5l	151	17	approach	approach	NN
cord-311521-4calrk5l	151	18	with	with	IN
cord-311521-4calrk5l	151	19	QE	QE	NNP
cord-311521-4calrk5l	151	20	and	and	CC
cord-311521-4calrk5l	151	21	the	the	DT
cord-311521-4calrk5l	151	22	10	10	CD
cord-311521-4calrk5l	151	23	Year	Year	NNP
cord-311521-4calrk5l	151	24	T	T	NNP
cord-311521-4calrk5l	151	25	-	-	HYPH
cord-311521-4calrk5l	151	26	Note	Note	NNP
cord-311521-4calrk5l	151	27	Rate	rate	NN
cord-311521-4calrk5l	151	28	appears	appear	VBZ
cord-311521-4calrk5l	151	29	statistically	statistically	RB
cord-311521-4calrk5l	151	30	significant	significant	JJ
cord-311521-4calrk5l	151	31	in	in	IN
cord-311521-4calrk5l	151	32	9	9	CD
cord-311521-4calrk5l	151	33	out	out	IN
cord-311521-4calrk5l	151	34	of	of	IN
cord-311521-4calrk5l	151	35	12	12	CD
cord-311521-4calrk5l	151	36	regimes	regime	NNS
cord-311521-4calrk5l	151	37	-	-	:
cord-311521-4calrk5l	151	38	recall	recall	VBP
cord-311521-4calrk5l	151	39	we	-PRON-	PRP
cord-311521-4calrk5l	151	40	analyze	analyze	VBP
cord-311521-4calrk5l	151	41	six	six	CD
cord-311521-4calrk5l	151	42	unemployment	unemployment	NN
cord-311521-4calrk5l	151	43	measures	measure	NNS
cord-311521-4calrk5l	151	44	each	each	DT
cord-311521-4calrk5l	151	45	in	in	IN
cord-311521-4calrk5l	151	46	a	a	DT
cord-311521-4calrk5l	151	47	low	low	JJ
cord-311521-4calrk5l	151	48	and	and	CC
cord-311521-4calrk5l	151	49	high	high	JJ
cord-311521-4calrk5l	151	50	volatility	volatility	NN
cord-311521-4calrk5l	151	51	regime	regime	NN
cord-311521-4calrk5l	151	52	.	.	.
cord-311521-4calrk5l	152	1	If	if	IN
cord-311521-4calrk5l	152	2	we	-PRON-	PRP
cord-311521-4calrk5l	152	3	focus	focus	VBP
cord-311521-4calrk5l	152	4	on	on	IN
cord-311521-4calrk5l	152	5	U3	U3	NNP
cord-311521-4calrk5l	152	6	as	as	IN
cord-311521-4calrk5l	152	7	the	the	DT
cord-311521-4calrk5l	152	8	official	official	JJ
cord-311521-4calrk5l	152	9	statistic	statistic	NN
cord-311521-4calrk5l	152	10	that	that	WDT
cord-311521-4calrk5l	152	11	does	do	VBZ
cord-311521-4calrk5l	152	12	not	not	RB
cord-311521-4calrk5l	152	13	include	include	VB
cord-311521-4calrk5l	152	14	chronically	chronically	RB
cord-311521-4calrk5l	152	15	discouraged	discourage	VBN
cord-311521-4calrk5l	152	16	workers	worker	NNS
cord-311521-4calrk5l	152	17	for	for	IN
cord-311521-4calrk5l	152	18	whom	whom	WP
cord-311521-4calrk5l	152	19	monetary	monetary	JJ
cord-311521-4calrk5l	152	20	policy	policy	NN
cord-311521-4calrk5l	152	21	has	have	VBZ
cord-311521-4calrk5l	152	22	very	very	RB
cord-311521-4calrk5l	152	23	limited	limited	JJ
cord-311521-4calrk5l	152	24	effectiveness	effectiveness	NN
cord-311521-4calrk5l	152	25	,	,	,
cord-311521-4calrk5l	152	26	then	then	RB
cord-311521-4calrk5l	152	27	our	-PRON-	PRP$
cord-311521-4calrk5l	152	28	results	result	NNS
cord-311521-4calrk5l	152	29	are	be	VBP
cord-311521-4calrk5l	152	30	much	much	RB
cord-311521-4calrk5l	152	31	stronger	strong	JJR
cord-311521-4calrk5l	152	32	.	.	.
cord-311521-4calrk5l	153	1	Recall	recall	VB
cord-311521-4calrk5l	153	2	,	,	,
cord-311521-4calrk5l	153	3	as	as	IN
cord-311521-4calrk5l	153	4	was	be	VBD
cord-311521-4calrk5l	153	5	said	say	VBN
cord-311521-4calrk5l	153	6	earlier	early	RBR
cord-311521-4calrk5l	153	7	that	that	IN
cord-311521-4calrk5l	153	8	Fed	Fed	NNP
cord-311521-4calrk5l	153	9	Assets	Assets	NNPS
cord-311521-4calrk5l	153	10	enter	enter	VBP
cord-311521-4calrk5l	153	11	as	as	RB
cord-311521-4calrk5l	153	12	statistically	statistically	RB
cord-311521-4calrk5l	153	13	significant	significant	JJ
cord-311521-4calrk5l	153	14	for	for	IN
cord-311521-4calrk5l	153	15	both	both	CC
cord-311521-4calrk5l	153	16	the	the	DT
cord-311521-4calrk5l	153	17	low	low	JJ
cord-311521-4calrk5l	153	18	and	and	CC
cord-311521-4calrk5l	153	19	high	high	JJ
cord-311521-4calrk5l	153	20	volatility	volatility	NN
cord-311521-4calrk5l	153	21	regimes	regime	NNS
cord-311521-4calrk5l	153	22	of	of	IN
cord-311521-4calrk5l	153	23	U3	u3	NN
cord-311521-4calrk5l	153	24	(	(	-LRB-
cord-311521-4calrk5l	153	25	at	at	IN
cord-311521-4calrk5l	153	26	the	the	DT
cord-311521-4calrk5l	153	27	1	1	CD
cord-311521-4calrk5l	153	28	%	%	NN
cord-311521-4calrk5l	153	29	and	and	CC
cord-311521-4calrk5l	153	30	the	the	DT
cord-311521-4calrk5l	153	31	5	5	CD
cord-311521-4calrk5l	153	32	%	%	NN
cord-311521-4calrk5l	153	33	level	level	NN
cord-311521-4calrk5l	153	34	respectively	respectively	RB
cord-311521-4calrk5l	153	35	)	)	-RRB-
cord-311521-4calrk5l	153	36	.	.	.
cord-311521-4calrk5l	154	1	This	this	DT
cord-311521-4calrk5l	154	2	paper	paper	NN
cord-311521-4calrk5l	154	3	articulates	articulate	VBZ
cord-311521-4calrk5l	154	4	that	that	IN
cord-311521-4calrk5l	154	5	Friedman	Friedman	NNP
cord-311521-4calrk5l	154	6	's	's	POS
cord-311521-4calrk5l	154	7	modeling	modeling	NN
cord-311521-4calrk5l	154	8	of	of	IN
cord-311521-4calrk5l	154	9	monetary	monetary	JJ
cord-311521-4calrk5l	154	10	policy	policy	NN
cord-311521-4calrk5l	154	11	emphasizes	emphasize	VBZ
cord-311521-4calrk5l	154	12	its	-PRON-	PRP$
cord-311521-4calrk5l	154	13	role	role	NN
cord-311521-4calrk5l	154	14	as	as	IN
cord-311521-4calrk5l	154	15	offsetting	offset	VBG
cord-311521-4calrk5l	154	16	major	major	JJ
cord-311521-4calrk5l	154	17	disturbances	disturbance	NNS
cord-311521-4calrk5l	154	18	in	in	IN
cord-311521-4calrk5l	154	19	the	the	DT
cord-311521-4calrk5l	154	20	economic	economic	JJ
cord-311521-4calrk5l	154	21	system	system	NN
cord-311521-4calrk5l	154	22	arising	arise	VBG
cord-311521-4calrk5l	154	23	from	from	IN
cord-311521-4calrk5l	154	24	sources	source	NNS
cord-311521-4calrk5l	154	25	such	such	JJ
cord-311521-4calrk5l	154	26	as	as	IN
cord-311521-4calrk5l	154	27	a	a	DT
cord-311521-4calrk5l	154	28	financial	financial	JJ
cord-311521-4calrk5l	154	29	crisis	crisis	NN
cord-311521-4calrk5l	154	30	.	.	.
cord-311521-4calrk5l	155	1	This	this	DT
cord-311521-4calrk5l	155	2	conviction	conviction	NN
cord-311521-4calrk5l	155	3	is	be	VBZ
cord-311521-4calrk5l	155	4	in	in	IN
cord-311521-4calrk5l	155	5	opposition	opposition	NN
cord-311521-4calrk5l	155	6	to	to	IN
cord-311521-4calrk5l	155	7	the	the	DT
cord-311521-4calrk5l	155	8	Keynesian	keynesian	JJ
cord-311521-4calrk5l	155	9	model	model	NN
cord-311521-4calrk5l	155	10	that	that	WDT
cord-311521-4calrk5l	155	11	pronounces	pronounce	VBZ
cord-311521-4calrk5l	155	12	the	the	DT
cord-311521-4calrk5l	155	13	ineffectiveness	ineffectiveness	NN
cord-311521-4calrk5l	155	14	of	of	IN
cord-311521-4calrk5l	155	15	monetary	monetary	JJ
cord-311521-4calrk5l	155	16	policy	policy	NN
cord-311521-4calrk5l	155	17	during	during	IN
cord-311521-4calrk5l	155	18	a	a	DT
cord-311521-4calrk5l	155	19	liquidity	liquidity	NN
cord-311521-4calrk5l	155	20	trap	trap	NN
cord-311521-4calrk5l	155	21	.	.	.
cord-311521-4calrk5l	156	1	Friedman	Friedman	NNP
cord-311521-4calrk5l	156	2	also	also	RB
cord-311521-4calrk5l	156	3	argues	argue	VBZ
cord-311521-4calrk5l	156	4	that	that	IN
cord-311521-4calrk5l	156	5	models	model	NNS
cord-311521-4calrk5l	156	6	J	J	NNP
cord-311521-4calrk5l	156	7	o	o	NN
cord-311521-4calrk5l	156	8	u	u	NN
cord-311521-4calrk5l	156	9	r	r	NN
cord-311521-4calrk5l	156	10	n	n	NN
cord-311521-4calrk5l	156	11	a	a	DT
cord-311521-4calrk5l	156	12	l	l	NN
cord-311521-4calrk5l	156	13	P	p	NN
cord-311521-4calrk5l	156	14	r	r	NN
cord-311521-4calrk5l	156	15	e	e	NN
cord-311521-4calrk5l	156	16	-p	-p	NN
cord-311521-4calrk5l	157	1	r	r	LS
cord-311521-4calrk5l	158	1	o	o	UH
cord-311521-4calrk5l	158	2	o	o	NN
cord-311521-4calrk5l	158	3	f	f	NN
cord-311521-4calrk5l	158	4	should	should	MD
cord-311521-4calrk5l	158	5	not	not	RB
cord-311521-4calrk5l	158	6	be	be	VB
cord-311521-4calrk5l	158	7	judged	judge	VBN
cord-311521-4calrk5l	158	8	by	by	IN
cord-311521-4calrk5l	158	9	the	the	DT
cord-311521-4calrk5l	158	10	realism	realism	NN
cord-311521-4calrk5l	158	11	of	of	IN
cord-311521-4calrk5l	158	12	their	-PRON-	PRP$
cord-311521-4calrk5l	158	13	assumptions	assumption	NNS
cord-311521-4calrk5l	158	14	but	but	CC
cord-311521-4calrk5l	158	15	only	only	RB
cord-311521-4calrk5l	158	16	by	by	IN
cord-311521-4calrk5l	158	17	the	the	DT
cord-311521-4calrk5l	158	18	success	success	NN
cord-311521-4calrk5l	158	19	of	of	IN
cord-311521-4calrk5l	158	20	their	-PRON-	PRP$
cord-311521-4calrk5l	158	21	predictions	prediction	NNS
cord-311521-4calrk5l	158	22	.	.	.
cord-311521-4calrk5l	159	1	The	the	DT
cord-311521-4calrk5l	159	2	Bernanke	Bernanke	NNP
cord-311521-4calrk5l	159	3	Fed	Fed	NNP
cord-311521-4calrk5l	159	4	,	,	,
cord-311521-4calrk5l	159	5	soon	soon	RB
cord-311521-4calrk5l	159	6	after	after	IN
cord-311521-4calrk5l	159	7	fed	fed	NNP
cord-311521-4calrk5l	159	8	funds	fund	NNS
cord-311521-4calrk5l	159	9	were	be	VBD
cord-311521-4calrk5l	159	10	decreased	decrease	VBN
cord-311521-4calrk5l	159	11	close	close	RB
cord-311521-4calrk5l	159	12	to	to	IN
cord-311521-4calrk5l	159	13	zero	zero	CD
cord-311521-4calrk5l	159	14	in	in	IN
cord-311521-4calrk5l	159	15	late	late	JJ
cord-311521-4calrk5l	159	16	2008	2008	CD
cord-311521-4calrk5l	159	17	,	,	,
cord-311521-4calrk5l	159	18	chose	choose	VBD
cord-311521-4calrk5l	159	19	new	new	JJ
cord-311521-4calrk5l	159	20	tools	tool	NNS
cord-311521-4calrk5l	159	21	to	to	TO
cord-311521-4calrk5l	159	22	target	target	VB
cord-311521-4calrk5l	159	23	unemployment	unemployment	NN
cord-311521-4calrk5l	159	24	that	that	WDT
cord-311521-4calrk5l	159	25	had	have	VBD
cord-311521-4calrk5l	159	26	reached	reach	VBN
cord-311521-4calrk5l	159	27	about	about	RB
cord-311521-4calrk5l	159	28	10	10	CD
cord-311521-4calrk5l	159	29	%	%	NN
cord-311521-4calrk5l	159	30	.	.	.
cord-311521-4calrk5l	160	1	No	no	DT
cord-311521-4calrk5l	160	2	one	one	NN
cord-311521-4calrk5l	160	3	knew	know	VBD
cord-311521-4calrk5l	160	4	during	during	IN
cord-311521-4calrk5l	160	5	the	the	DT
cord-311521-4calrk5l	160	6	months	month	NNS
cord-311521-4calrk5l	160	7	that	that	WDT
cord-311521-4calrk5l	160	8	followed	follow	VBD
cord-311521-4calrk5l	160	9	the	the	DT
cord-311521-4calrk5l	160	10	Lehman	Lehman	NNP
cord-311521-4calrk5l	160	11	Brothers	Brothers	NNPS
cord-311521-4calrk5l	160	12	bankruptcy	bankruptcy	NN
cord-311521-4calrk5l	160	13	,	,	,
cord-311521-4calrk5l	160	14	the	the	DT
cord-311521-4calrk5l	160	15	magnitude	magnitude	NN
cord-311521-4calrk5l	160	16	,	,	,
cord-311521-4calrk5l	160	17	duration	duration	NN
cord-311521-4calrk5l	160	18	and	and	CC
cord-311521-4calrk5l	160	19	impact	impact	NN
cord-311521-4calrk5l	160	20	of	of	IN
cord-311521-4calrk5l	160	21	these	these	DT
cord-311521-4calrk5l	160	22	policies	policy	NNS
cord-311521-4calrk5l	160	23	.	.	.
cord-311521-4calrk5l	161	1	What	what	WP
cord-311521-4calrk5l	161	2	was	be	VBD
cord-311521-4calrk5l	161	3	known	know	VBN
cord-311521-4calrk5l	161	4	at	at	IN
cord-311521-4calrk5l	161	5	the	the	DT
cord-311521-4calrk5l	161	6	beginning	beginning	NN
cord-311521-4calrk5l	161	7	was	be	VBD
cord-311521-4calrk5l	161	8	the	the	DT
cord-311521-4calrk5l	161	9	hard	hard	JJ
cord-311521-4calrk5l	161	10	economic	economic	JJ
cord-311521-4calrk5l	161	11	facts	fact	NNS
cord-311521-4calrk5l	161	12	of	of	IN
cord-311521-4calrk5l	161	13	high	high	JJ
cord-311521-4calrk5l	161	14	unemployment	unemployment	NN
cord-311521-4calrk5l	161	15	,	,	,
cord-311521-4calrk5l	161	16	very	very	RB
cord-311521-4calrk5l	161	17	low	low	JJ
cord-311521-4calrk5l	161	18	inflation	inflation	NN
cord-311521-4calrk5l	161	19	,	,	,
cord-311521-4calrk5l	161	20	frozen	frozen	JJ
cord-311521-4calrk5l	161	21	financial	financial	JJ
cord-311521-4calrk5l	161	22	markets	market	NNS
cord-311521-4calrk5l	161	23	and	and	CC
cord-311521-4calrk5l	161	24	both	both	CC
cord-311521-4calrk5l	161	25	national	national	JJ
cord-311521-4calrk5l	161	26	and	and	CC
cord-311521-4calrk5l	161	27	international	international	JJ
cord-311521-4calrk5l	161	28	financial	financial	JJ
cord-311521-4calrk5l	161	29	instability	instability	NN
cord-311521-4calrk5l	161	30	.	.	.
cord-311521-4calrk5l	162	1	When	when	WRB
cord-311521-4calrk5l	162	2	fiscal	fiscal	JJ
cord-311521-4calrk5l	162	3	policy	policy	NN
cord-311521-4calrk5l	162	4	faced	face	VBD
cord-311521-4calrk5l	162	5	both	both	DT
cord-311521-4calrk5l	162	6	budgetary	budgetary	JJ
cord-311521-4calrk5l	162	7	and	and	CC
cord-311521-4calrk5l	162	8	political	political	JJ
cord-311521-4calrk5l	162	9	constraints	constraint	NNS
cord-311521-4calrk5l	162	10	,	,	,
cord-311521-4calrk5l	162	11	a	a	DT
cord-311521-4calrk5l	162	12	consensus	consensus	NN
cord-311521-4calrk5l	162	13	was	be	VBD
cord-311521-4calrk5l	162	14	rapidly	rapidly	RB
cord-311521-4calrk5l	162	15	built	build	VBN
cord-311521-4calrk5l	162	16	by	by	IN
cord-311521-4calrk5l	162	17	FOMC	FOMC	NNP
cord-311521-4calrk5l	162	18	members	member	NNS
cord-311521-4calrk5l	162	19	to	to	TO
cord-311521-4calrk5l	162	20	target	target	VB
cord-311521-4calrk5l	162	21	unemployment	unemployment	NN
cord-311521-4calrk5l	162	22	as	as	IN
cord-311521-4calrk5l	162	23	directed	direct	VBN
cord-311521-4calrk5l	162	24	by	by	IN
cord-311521-4calrk5l	162	25	the	the	DT
cord-311521-4calrk5l	162	26	Fed	Fed	NNP
cord-311521-4calrk5l	162	27	's	's	POS
cord-311521-4calrk5l	162	28	dual	dual	JJ
cord-311521-4calrk5l	162	29	mandate	mandate	NN
cord-311521-4calrk5l	162	30	.	.	.
cord-311521-4calrk5l	163	1	This	this	DT
cord-311521-4calrk5l	163	2	consensus	consensus	NN
cord-311521-4calrk5l	163	3	was	be	VBD
cord-311521-4calrk5l	163	4	not	not	RB
cord-311521-4calrk5l	163	5	formed	form	VBN
cord-311521-4calrk5l	163	6	on	on	IN
cord-311521-4calrk5l	163	7	solid	solid	JJ
cord-311521-4calrk5l	163	8	analytical	analytical	JJ
cord-311521-4calrk5l	163	9	grounds	ground	NNS
cord-311521-4calrk5l	163	10	of	of	IN
cord-311521-4calrk5l	163	11	a	a	DT
cord-311521-4calrk5l	163	12	macroeconomic	macroeconomic	JJ
cord-311521-4calrk5l	163	13	model	model	NN
cord-311521-4calrk5l	163	14	describing	describe	VBG
cord-311521-4calrk5l	163	15	the	the	DT
cord-311521-4calrk5l	163	16	channels	channel	NNS
cord-311521-4calrk5l	163	17	connecting	connect	VBG
cord-311521-4calrk5l	163	18	monetary	monetary	JJ
cord-311521-4calrk5l	163	19	policy	policy	NN
cord-311521-4calrk5l	163	20	to	to	IN
cord-311521-4calrk5l	163	21	increased	increase	VBN
cord-311521-4calrk5l	163	22	employment	employment	NN
cord-311521-4calrk5l	163	23	but	but	CC
cord-311521-4calrk5l	163	24	rather	rather	RB
cord-311521-4calrk5l	163	25	on	on	IN
cord-311521-4calrk5l	163	26	a	a	DT
cord-311521-4calrk5l	163	27	careful	careful	JJ
cord-311521-4calrk5l	163	28	calculus	calculus	NN
cord-311521-4calrk5l	163	29	of	of	IN
cord-311521-4calrk5l	163	30	risk	risk	NN
cord-311521-4calrk5l	163	31	management	management	NN
cord-311521-4calrk5l	163	32	,	,	,
cord-311521-4calrk5l	163	33	that	that	RB
cord-311521-4calrk5l	163	34	is	is	RB
cord-311521-4calrk5l	163	35	,	,	,
cord-311521-4calrk5l	163	36	by	by	IN
cord-311521-4calrk5l	163	37	assessing	assess	VBG
cord-311521-4calrk5l	163	38	the	the	DT
cord-311521-4calrk5l	163	39	benefits	benefit	NNS
cord-311521-4calrk5l	163	40	from	from	IN
cord-311521-4calrk5l	163	41	lowering	lower	VBG
cord-311521-4calrk5l	163	42	unemployment	unemployment	NN
cord-311521-4calrk5l	163	43	versus	versus	IN
cord-311521-4calrk5l	163	44	the	the	DT
cord-311521-4calrk5l	163	45	risks	risk	NNS
cord-311521-4calrk5l	163	46	of	of	IN
cord-311521-4calrk5l	163	47	creating	create	VBG
cord-311521-4calrk5l	163	48	inflation	inflation	NN
cord-311521-4calrk5l	163	49	,	,	,
cord-311521-4calrk5l	163	50	with	with	IN
cord-311521-4calrk5l	163	51	a	a	DT
cord-311521-4calrk5l	163	52	conviction	conviction	NN
cord-311521-4calrk5l	163	53	in	in	IN
cord-311521-4calrk5l	163	54	the	the	DT
cord-311521-4calrk5l	163	55	effectiveness	effectiveness	NN
cord-311521-4calrk5l	163	56	of	of	IN
cord-311521-4calrk5l	163	57	monetary	monetary	JJ
cord-311521-4calrk5l	163	58	policy	policy	NN
cord-311521-4calrk5l	163	59	.	.	.
cord-311521-4calrk5l	164	1	What	what	WDT
cord-311521-4calrk5l	164	2	central	central	JJ
cord-311521-4calrk5l	164	3	bankers	banker	NNS
cord-311521-4calrk5l	164	4	learned	learn	VBD
cord-311521-4calrk5l	164	5	during	during	IN
cord-311521-4calrk5l	164	6	the	the	DT
cord-311521-4calrk5l	164	7	2007	2007	CD
cord-311521-4calrk5l	164	8	-	-	SYM
cord-311521-4calrk5l	164	9	2015	2015	CD
cord-311521-4calrk5l	164	10	period	period	NN
cord-311521-4calrk5l	164	11	is	be	VBZ
cord-311521-4calrk5l	164	12	that	that	IN
cord-311521-4calrk5l	164	13	the	the	DT
cord-311521-4calrk5l	164	14	effectiveness	effectiveness	NN
cord-311521-4calrk5l	164	15	of	of	IN
cord-311521-4calrk5l	164	16	QE	QE	NNP
cord-311521-4calrk5l	164	17	was	be	VBD
cord-311521-4calrk5l	164	18	due	due	JJ
cord-311521-4calrk5l	164	19	to	to	IN
cord-311521-4calrk5l	164	20	four	four	CD
cord-311521-4calrk5l	164	21	factors	factor	NNS
cord-311521-4calrk5l	164	22	:	:	:
cord-311521-4calrk5l	165	1	first	first	RB
cord-311521-4calrk5l	165	2	,	,	,
cord-311521-4calrk5l	165	3	the	the	DT
cord-311521-4calrk5l	165	4	rapid	rapid	JJ
cord-311521-4calrk5l	165	5	and	and	CC
cord-311521-4calrk5l	165	6	careful	careful	JJ
cord-311521-4calrk5l	165	7	formulation	formulation	NN
cord-311521-4calrk5l	165	8	of	of	IN
cord-311521-4calrk5l	165	9	unconventional	unconventional	JJ
cord-311521-4calrk5l	165	10	monetary	monetary	JJ
cord-311521-4calrk5l	165	11	policy	policy	NN
cord-311521-4calrk5l	165	12	to	to	TO
cord-311521-4calrk5l	165	13	replace	replace	VB
cord-311521-4calrk5l	165	14	traditional	traditional	JJ
cord-311521-4calrk5l	165	15	fed	fed	NNP
cord-311521-4calrk5l	165	16	funds	fund	NNS
cord-311521-4calrk5l	165	17	management	management	NN
cord-311521-4calrk5l	165	18	when	when	WRB
cord-311521-4calrk5l	165	19	these	these	DT
cord-311521-4calrk5l	165	20	had	have	VBD
cord-311521-4calrk5l	165	21	reached	reach	VBN
cord-311521-4calrk5l	165	22	zero	zero	CD
cord-311521-4calrk5l	165	23	;	;	:
cord-311521-4calrk5l	165	24	there	there	EX
cord-311521-4calrk5l	165	25	was	be	VBD
cord-311521-4calrk5l	165	26	no	no	DT
cord-311521-4calrk5l	165	27	lamenting	lament	VBG
cord-311521-4calrk5l	165	28	that	that	IN
cord-311521-4calrk5l	165	29	monetary	monetary	JJ
cord-311521-4calrk5l	165	30	policy	policy	NN
cord-311521-4calrk5l	165	31	had	have	VBD
cord-311521-4calrk5l	165	32	arrived	arrive	VBN
cord-311521-4calrk5l	165	33	to	to	IN
cord-311521-4calrk5l	165	34	its	-PRON-	PRP$
cord-311521-4calrk5l	165	35	dead	dead	JJ
cord-311521-4calrk5l	165	36	end	end	NN
cord-311521-4calrk5l	165	37	.	.	.
cord-311521-4calrk5l	166	1	Second	second	RB
cord-311521-4calrk5l	166	2	,	,	,
cord-311521-4calrk5l	166	3	the	the	DT
cord-311521-4calrk5l	166	4	commitment	commitment	NN
cord-311521-4calrk5l	166	5	of	of	IN
cord-311521-4calrk5l	166	6	central	central	JJ
cord-311521-4calrk5l	166	7	bankers	banker	NNS
cord-311521-4calrk5l	166	8	to	to	IN
cord-311521-4calrk5l	166	9	unconventional	unconventional	JJ
cord-311521-4calrk5l	166	10	QE	QE	NNP
cord-311521-4calrk5l	166	11	that	that	WDT
cord-311521-4calrk5l	166	12	was	be	VBD
cord-311521-4calrk5l	166	13	extended	extend	VBN
cord-311521-4calrk5l	166	14	over	over	IN
cord-311521-4calrk5l	166	15	7	7	CD
cord-311521-4calrk5l	166	16	years	year	NNS
cord-311521-4calrk5l	166	17	with	with	IN
cord-311521-4calrk5l	166	18	3	3	CD
cord-311521-4calrk5l	166	19	major	major	JJ
cord-311521-4calrk5l	166	20	rounds	round	NNS
cord-311521-4calrk5l	166	21	rather	rather	RB
cord-311521-4calrk5l	166	22	than	than	IN
cord-311521-4calrk5l	166	23	being	be	VBG
cord-311521-4calrk5l	166	24	abandoned	abandon	VBN
cord-311521-4calrk5l	166	25	after	after	IN
cord-311521-4calrk5l	166	26	its	-PRON-	PRP$
cord-311521-4calrk5l	166	27	first	first	JJ
cord-311521-4calrk5l	166	28	or	or	CC
cord-311521-4calrk5l	166	29	second	second	JJ
cord-311521-4calrk5l	166	30	round	round	NN
cord-311521-4calrk5l	166	31	.	.	.
cord-311521-4calrk5l	167	1	Third	third	RB
cord-311521-4calrk5l	167	2	,	,	,
cord-311521-4calrk5l	167	3	the	the	DT
cord-311521-4calrk5l	167	4	boldness	boldness	NN
cord-311521-4calrk5l	167	5	of	of	IN
cord-311521-4calrk5l	167	6	policy	policy	NN
cord-311521-4calrk5l	167	7	makers	maker	NNS
cord-311521-4calrk5l	167	8	to	to	TO
cord-311521-4calrk5l	167	9	pursue	pursue	VB
cord-311521-4calrk5l	167	10	large	large	JJ
cord-311521-4calrk5l	167	11	QE	QE	NNP
cord-311521-4calrk5l	167	12	rather	rather	RB
cord-311521-4calrk5l	167	13	than	than	IN
cord-311521-4calrk5l	167	14	moving	move	VBG
cord-311521-4calrk5l	167	15	very	very	RB
cord-311521-4calrk5l	167	16	cautiously	cautiously	RB
cord-311521-4calrk5l	167	17	,	,	,
cord-311521-4calrk5l	167	18	say	say	VB
cord-311521-4calrk5l	167	19	by	by	IN
cord-311521-4calrk5l	167	20	only	only	RB
cord-311521-4calrk5l	167	21	doubling	double	VBG
cord-311521-4calrk5l	167	22	the	the	DT
cord-311521-4calrk5l	167	23	size	size	NN
cord-311521-4calrk5l	167	24	of	of	IN
cord-311521-4calrk5l	167	25	the	the	DT
cord-311521-4calrk5l	167	26	Fed	Fed	NNP
cord-311521-4calrk5l	167	27	's	's	POS
cord-311521-4calrk5l	167	28	balance	balance	NN
cord-311521-4calrk5l	167	29	sheet	sheet	NN
cord-311521-4calrk5l	167	30	instead	instead	RB
cord-311521-4calrk5l	167	31	of	of	IN
cord-311521-4calrk5l	167	32	actually	actually	RB
cord-311521-4calrk5l	167	33	growing	grow	VBG
cord-311521-4calrk5l	167	34	it	-PRON-	PRP
cord-311521-4calrk5l	167	35	by	by	IN
cord-311521-4calrk5l	167	36	350	350	CD
cord-311521-4calrk5l	167	37	%	%	NN
cord-311521-4calrk5l	167	38	,	,	,
cord-311521-4calrk5l	167	39	and	and	CC
cord-311521-4calrk5l	167	40	,	,	,
cord-311521-4calrk5l	167	41	fourth	fourth	RB
cord-311521-4calrk5l	167	42	,	,	,
cord-311521-4calrk5l	167	43	the	the	DT
cord-311521-4calrk5l	167	44	achievement	achievement	NN
cord-311521-4calrk5l	167	45	of	of	IN
cord-311521-4calrk5l	167	46	its	-PRON-	PRP$
cord-311521-4calrk5l	167	47	goal	goal	NN
cord-311521-4calrk5l	167	48	to	to	TO
cord-311521-4calrk5l	167	49	reduce	reduce	VB
cord-311521-4calrk5l	167	50	unemployment	unemployment	NN
cord-311521-4calrk5l	167	51	substantially	substantially	RB
cord-311521-4calrk5l	167	52	.	.	.
cord-311521-4calrk5l	168	1	Of	of	RB
cord-311521-4calrk5l	168	2	course	course	RB
cord-311521-4calrk5l	168	3	there	there	EX
cord-311521-4calrk5l	168	4	was	be	VBD
cord-311521-4calrk5l	168	5	some	some	DT
cord-311521-4calrk5l	168	6	good	good	JJ
cord-311521-4calrk5l	168	7	fortune	fortune	NN
cord-311521-4calrk5l	168	8	,	,	,
cord-311521-4calrk5l	168	9	meaning	mean	VBG
cord-311521-4calrk5l	168	10	that	that	IN
cord-311521-4calrk5l	168	11	the	the	DT
cord-311521-4calrk5l	168	12	monthly	monthly	JJ
cord-311521-4calrk5l	168	13	,	,	,
cord-311521-4calrk5l	168	14	data	data	NN
cord-311521-4calrk5l	168	15	-	-	HYPH
cord-311521-4calrk5l	168	16	driven	drive	VBN
cord-311521-4calrk5l	168	17	,	,	,
cord-311521-4calrk5l	168	18	communications	communication	NNS
cord-311521-4calrk5l	168	19	and	and	CC
cord-311521-4calrk5l	168	20	evaluations	evaluation	NNS
cord-311521-4calrk5l	168	21	of	of	IN
cord-311521-4calrk5l	168	22	QE	QE	NNP
cord-311521-4calrk5l	168	23	never	never	RB
cord-311521-4calrk5l	168	24	were	be	VBD
cord-311521-4calrk5l	168	25	confronted	confront	VBN
cord-311521-4calrk5l	168	26	with	with	IN
cord-311521-4calrk5l	168	27	unpleasant	unpleasant	JJ
cord-311521-4calrk5l	168	28	issues	issue	NNS
cord-311521-4calrk5l	168	29	of	of	IN
cord-311521-4calrk5l	168	30	financial	financial	JJ
cord-311521-4calrk5l	168	31	instability	instability	NN
cord-311521-4calrk5l	168	32	,	,	,
cord-311521-4calrk5l	168	33	rapid	rapid	JJ
cord-311521-4calrk5l	168	34	inflation	inflation	NN
cord-311521-4calrk5l	168	35	or	or	CC
cord-311521-4calrk5l	168	36	re	re	NN
cord-311521-4calrk5l	168	37	-	-	JJ
cord-311521-4calrk5l	168	38	occurring	occurring	JJ
cord-311521-4calrk5l	168	39	recessions	recession	NNS
cord-311521-4calrk5l	168	40	.	.	.
cord-311521-4calrk5l	169	1	economy	economy	NN
cord-311521-4calrk5l	169	2	.	.	.
cord-311521-4calrk5l	170	1	These	these	DT
cord-311521-4calrk5l	170	2	initiatives	initiative	NNS
cord-311521-4calrk5l	170	3	are	be	VBP
cord-311521-4calrk5l	170	4	described	describe	VBN
cord-311521-4calrk5l	170	5	in	in	IN
cord-311521-4calrk5l	170	6	detail	detail	NN
cord-311521-4calrk5l	170	7	in	in	IN
cord-311521-4calrk5l	170	8	Fleming	Fleming	NNP
cord-311521-4calrk5l	170	9	,	,	,
cord-311521-4calrk5l	170	10	Sarkar	Sarkar	NNP
cord-311521-4calrk5l	170	11	,	,	,
cord-311521-4calrk5l	170	12	and	and	CC
cord-311521-4calrk5l	170	13	Van	Van	NNP
cord-311521-4calrk5l	170	14	Tassel	Tassel	NNP
cord-311521-4calrk5l	170	15	,	,	,
cord-311521-4calrk5l	170	16	(	(	-LRB-
cord-311521-4calrk5l	170	17	2020	2020	CD
cord-311521-4calrk5l	170	18	)	)	-RRB-
cord-311521-4calrk5l	170	19	who	who	WP
cord-311521-4calrk5l	170	20	also	also	RB
cord-311521-4calrk5l	170	21	compare	compare	VBP
cord-311521-4calrk5l	170	22	whether	whether	IN
cord-311521-4calrk5l	170	23	the	the	DT
cord-311521-4calrk5l	170	24	Covid-19	covid-19	NN
cord-311521-4calrk5l	170	25	initiatives	initiative	NNS
cord-311521-4calrk5l	170	26	are	be	VBP
cord-311521-4calrk5l	170	27	similar	similar	JJ
cord-311521-4calrk5l	170	28	to	to	IN
cord-311521-4calrk5l	170	29	the	the	DT
cord-311521-4calrk5l	170	30	ones	one	NNS
cord-311521-4calrk5l	170	31	taken	take	VBN
cord-311521-4calrk5l	170	32	during	during	IN
cord-311521-4calrk5l	170	33	the	the	DT
cord-311521-4calrk5l	170	34	Global	Global	NNP
cord-311521-4calrk5l	170	35	Financial	Financial	NNP
cord-311521-4calrk5l	170	36	Crisis	Crisis	NNP
cord-311521-4calrk5l	170	37	or	or	CC
cord-311521-4calrk5l	170	38	new	new	JJ
cord-311521-4calrk5l	170	39	,	,	,
cord-311521-4calrk5l	170	40	specially	specially	RB
cord-311521-4calrk5l	170	41	designed	design	VBN
cord-311521-4calrk5l	170	42	for	for	IN
cord-311521-4calrk5l	170	43	Covid-19	covid-19	NN
cord-311521-4calrk5l	170	44	.	.	.
cord-311521-4calrk5l	171	1	To	to	TO
cord-311521-4calrk5l	171	2	make	make	VB
cord-311521-4calrk5l	171	3	some	some	DT
cord-311521-4calrk5l	171	4	preliminary	preliminary	JJ
cord-311521-4calrk5l	171	5	comparisons	comparison	NNS
cord-311521-4calrk5l	171	6	between	between	IN
cord-311521-4calrk5l	171	7	the	the	DT
cord-311521-4calrk5l	171	8	two	two	CD
cord-311521-4calrk5l	171	9	crises	crisis	NNS
cord-311521-4calrk5l	171	10	-	-	:
cord-311521-4calrk5l	171	11	the	the	DT
cord-311521-4calrk5l	171	12	Global	Global	NNP
cord-311521-4calrk5l	171	13	Financial	Financial	NNP
cord-311521-4calrk5l	171	14	 	 	_SP
cord-311521-4calrk5l	172	1	This	this	DT
cord-311521-4calrk5l	172	2	paper	paper	NN
cord-311521-4calrk5l	172	3	discusses	discuss	VBZ
cord-311521-4calrk5l	172	4	certain	certain	JJ
cord-311521-4calrk5l	172	5	principles	principle	NNS
cord-311521-4calrk5l	172	6	guiding	guide	VBG
cord-311521-4calrk5l	172	7	general	general	JJ
cord-311521-4calrk5l	172	8	scientific	scientific	JJ
cord-311521-4calrk5l	172	9	modeling	modeling	NN
cord-311521-4calrk5l	172	10	and	and	CC
cord-311521-4calrk5l	172	11	focuses	focus	VBZ
cord-311521-4calrk5l	172	12	on	on	IN
cord-311521-4calrk5l	172	13	Milton	Milton	NNP
cord-311521-4calrk5l	172	14	 	 	_SP
cord-311521-4calrk5l	172	15	Regime	Regime	NNP
cord-311521-4calrk5l	172	16	Switches	switch	VBZ
cord-311521-4calrk5l	172	17	in	in	IN
cord-311521-4calrk5l	172	18	Interest	interest	NN
cord-311521-4calrk5l	172	19	Rates	Rates	NNP
cord-311521-4calrk5l	172	20	Federal	Federal	NNP
cord-311521-4calrk5l	172	21	Reserve	Reserve	NNP
cord-311521-4calrk5l	172	22	versus	versus	IN
cord-311521-4calrk5l	172	23	Private	private	JJ
cord-311521-4calrk5l	172	24	Information	information	NN
cord-311521-4calrk5l	172	25	:	:	:
cord-311521-4calrk5l	173	1	Who	who	WP
cord-311521-4calrk5l	173	2	is	be	VBZ
cord-311521-4calrk5l	173	3	the	the	DT
cord-311521-4calrk5l	173	4	Best	good	JJS
cord-311521-4calrk5l	173	5	Unemployment	Unemployment	NNP
cord-311521-4calrk5l	173	6	Rate	rate	NN
cord-311521-4calrk5l	173	7	Predictor	predictor	NN
cord-311521-4calrk5l	173	8	?	?	.
cord-311521-4calrk5l	174	1	Aggregate	aggregate	JJ
cord-311521-4calrk5l	174	2	Demand	demand	NN
cord-311521-4calrk5l	174	3	and	and	CC
cord-311521-4calrk5l	174	4	Long	long	JJ
cord-311521-4calrk5l	174	5	-	-	HYPH
cord-311521-4calrk5l	174	6	Run	run	NN
cord-311521-4calrk5l	174	7	Unemployment	unemployment	NN
cord-311521-4calrk5l	175	1	The	the	DT
cord-311521-4calrk5l	175	2	Impact	Impact	NNP
cord-311521-4calrk5l	175	3	of	of	IN
cord-311521-4calrk5l	175	4	Large	large	JJ
cord-311521-4calrk5l	175	5	-	-	HYPH
cord-311521-4calrk5l	175	6	Scale	scale	NN
cord-311521-4calrk5l	175	7	Asset	Asset	NNP
cord-311521-4calrk5l	175	8	Purchases	purchase	NNS
cord-311521-4calrk5l	175	9	on	on	IN
cord-311521-4calrk5l	175	10	the	the	DT
cord-311521-4calrk5l	175	11	S&P	S&P	NNP
cord-311521-4calrk5l	175	12	500	500	CD
cord-311521-4calrk5l	175	13	Index	Index	NNP
cord-311521-4calrk5l	175	14	,	,	,
cord-311521-4calrk5l	175	15	Long	Long	NNP
cord-311521-4calrk5l	175	16	-	-	HYPH
cord-311521-4calrk5l	175	17	Term	term	NN
cord-311521-4calrk5l	175	18	Interest	interest	NN
cord-311521-4calrk5l	175	19	Rates	Rates	NNPS
cord-311521-4calrk5l	175	20	and	and	CC
cord-311521-4calrk5l	175	21	Unemployment	Unemployment	NNP
cord-311521-4calrk5l	175	22	The	the	DT
cord-311521-4calrk5l	175	23	Crisis	Crisis	NNP
cord-311521-4calrk5l	175	24	and	and	CC
cord-311521-4calrk5l	175	25	the	the	DT
cord-311521-4calrk5l	175	26	Policy	Policy	NNP
cord-311521-4calrk5l	175	27	Response	Response	NNP
cord-311521-4calrk5l	175	28	Monetary	Monetary	NNP
cord-311521-4calrk5l	175	29	Policy	Policy	NNP
cord-311521-4calrk5l	175	30	since	since	IN
cord-311521-4calrk5l	175	31	the	the	DT
cord-311521-4calrk5l	175	32	Onset	onset	NN
cord-311521-4calrk5l	175	33	of	of	IN
cord-311521-4calrk5l	175	34	the	the	DT
cord-311521-4calrk5l	175	35	Crisis	Crisis	NNP
cord-311521-4calrk5l	176	1	The	the	DT
cord-311521-4calrk5l	176	2	Courage	Courage	NNP
cord-311521-4calrk5l	176	3	to	to	IN
cord-311521-4calrk5l	176	4	Act	act	VB
cord-311521-4calrk5l	176	5	:	:	:
cord-311521-4calrk5l	176	6	A	a	DT
cord-311521-4calrk5l	176	7	Memoir	Memoir	NNP
cord-311521-4calrk5l	176	8	of	of	IN
cord-311521-4calrk5l	176	9	a	a	DT
cord-311521-4calrk5l	176	10	Crisis	Crisis	NNP
cord-311521-4calrk5l	176	11	and	and	CC
cord-311521-4calrk5l	176	12	its	-PRON-	PRP$
cord-311521-4calrk5l	176	13	Aftermath	Aftermath	NNP
cord-311521-4calrk5l	176	14	American	American	NNP
cord-311521-4calrk5l	176	15	Economic	Economic	NNP
cord-311521-4calrk5l	176	16	Association	Association	NNP
cord-311521-4calrk5l	176	17	Presidential	Presidential	NNP
cord-311521-4calrk5l	176	18	Address	Address	NNP
cord-311521-4calrk5l	176	19	at	at	IN
cord-311521-4calrk5l	176	20	the	the	DT
cord-311521-4calrk5l	176	21	Allied	Allied	NNP
cord-311521-4calrk5l	176	22	Social	Social	NNP
cord-311521-4calrk5l	176	23	Sciences	Sciences	NNPS
cord-311521-4calrk5l	176	24	Association	Association	NNP
cord-311521-4calrk5l	176	25	Annual	Annual	NNP
cord-311521-4calrk5l	176	26	Meetings	Meetings	NNPS
cord-311521-4calrk5l	176	27	in	in	IN
cord-311521-4calrk5l	176	28	The	the	DT
cord-311521-4calrk5l	176	29	Financial	Financial	NNP
cord-311521-4calrk5l	176	30	Instability	Instability	NNP
cord-311521-4calrk5l	176	31	Hypothesis	Hypothesis	NNP
cord-311521-4calrk5l	176	32	:	:	:
cord-311521-4calrk5l	176	33	A	a	DT
cord-311521-4calrk5l	176	34	Stochastic	Stochastic	NNP
cord-311521-4calrk5l	176	35	Microfoundations	Microfoundations	NNPS
cord-311521-4calrk5l	176	36	Framework	Framework	NNP
cord-311521-4calrk5l	177	1	The	the	DT
cord-311521-4calrk5l	177	2	Macroeconomic	Macroeconomic	NNP
cord-311521-4calrk5l	177	3	Effects	effect	NNS
cord-311521-4calrk5l	177	4	of	of	IN
cord-311521-4calrk5l	177	5	the	the	DT
cord-311521-4calrk5l	177	6	Federal	Federal	NNP
cord-311521-4calrk5l	177	7	Reserve	Reserve	NNP
cord-311521-4calrk5l	177	8	's	's	POS
cord-311521-4calrk5l	177	9	Unconventional	Unconventional	NNP
cord-311521-4calrk5l	177	10	Monetary	Monetary	NNP
cord-311521-4calrk5l	177	11	Policies	Policies	NNPS
cord-311521-4calrk5l	178	1	Innovative	Innovative	NNP
cord-311521-4calrk5l	178	2	Federal	Federal	NNP
cord-311521-4calrk5l	178	3	Reserve	Reserve	NNP
cord-311521-4calrk5l	178	4	Policies	Policies	NNPS
cord-311521-4calrk5l	178	5	During	during	IN
cord-311521-4calrk5l	178	6	the	the	DT
cord-311521-4calrk5l	178	7	Great	Great	NNP
cord-311521-4calrk5l	178	8	Financial	Financial	NNP
cord-311521-4calrk5l	178	9	Crisis	Crisis	NNP
cord-311521-4calrk5l	178	10	Labor	Labor	NNP
cord-311521-4calrk5l	178	11	Markets	Markets	NNPS
cord-311521-4calrk5l	178	12	and	and	CC
cord-311521-4calrk5l	178	13	Monetary	Monetary	NNP
cord-311521-4calrk5l	178	14	Policy	Policy	NNP
cord-311521-4calrk5l	179	1	The	the	DT
cord-311521-4calrk5l	179	2	COVID-19	COVID-19	NNP
cord-311521-4calrk5l	179	3	Pandemic	Pandemic	NNP
cord-311521-4calrk5l	179	4	and	and	CC
cord-311521-4calrk5l	179	5	the	the	DT
cord-311521-4calrk5l	179	6	Fed	Fed	NNP
cord-311521-4calrk5l	179	7	's	's	POS
cord-311521-4calrk5l	179	8	Response	Response	NNP
cord-311521-4calrk5l	179	9	Models	Models	NNPS
cord-311521-4calrk5l	179	10	in	in	IN
cord-311521-4calrk5l	179	11	Science	Science	NNP
cord-311521-4calrk5l	180	1	The	the	DT
cord-311521-4calrk5l	180	2	Methodology	Methodology	NNP
cord-311521-4calrk5l	180	3	of	of	IN
cord-311521-4calrk5l	180	4	Positive	Positive	NNP
cord-311521-4calrk5l	180	5	Economics	economic	NNS
cord-311521-4calrk5l	181	1	The	the	DT
cord-311521-4calrk5l	181	2	Role	role	NN
cord-311521-4calrk5l	181	3	of	of	IN
cord-311521-4calrk5l	181	4	Monetary	Monetary	NNP
cord-311521-4calrk5l	181	5	Policy	Policy	NNP
cord-311521-4calrk5l	181	6	Modeling	Modeling	NNP
cord-311521-4calrk5l	181	7	Without	without	IN
cord-311521-4calrk5l	181	8	Representation	representation	NN
cord-311521-4calrk5l	181	9	Large	large	JJ
cord-311521-4calrk5l	181	10	-	-	HYPH
cord-311521-4calrk5l	181	11	Scale	scale	NN
cord-311521-4calrk5l	181	12	Asset	asset	NN
cord-311521-4calrk5l	181	13	Purchases	purchase	NNS
cord-311521-4calrk5l	181	14	by	by	IN
cord-311521-4calrk5l	181	15	the	the	DT
cord-311521-4calrk5l	181	16	Federal	Federal	NNP
cord-311521-4calrk5l	181	17	Reserve	Reserve	NNP
cord-311521-4calrk5l	181	18	:	:	:
cord-311521-4calrk5l	181	19	Did	do	VBD
cord-311521-4calrk5l	181	20	They	-PRON-	PRP
cord-311521-4calrk5l	181	21	Work	work	VB
cord-311521-4calrk5l	181	22	?	?	.
cord-311521-4calrk5l	182	1	Monetary	monetary	JJ
cord-311521-4calrk5l	182	2	Policy	Policy	NNP
cord-311521-4calrk5l	182	3	Surprises	Surprises	NNPS
cord-311521-4calrk5l	182	4	,	,	,
cord-311521-4calrk5l	182	5	Credit	credit	NN
cord-311521-4calrk5l	182	6	Costs	cost	NNS
cord-311521-4calrk5l	182	7	,	,	,
cord-311521-4calrk5l	182	8	and	and	CC
cord-311521-4calrk5l	182	9	Economic	Economic	NNP
cord-311521-4calrk5l	182	10	Activity	Activity	NNP
cord-311521-4calrk5l	183	1	What	what	WP
cord-311521-4calrk5l	183	2	Happened	happen	VBD
cord-311521-4calrk5l	183	3	:	:	:
cord-311521-4calrk5l	183	4	Financial	Financial	NNP
cord-311521-4calrk5l	183	5	Factors	Factors	NNPS
cord-311521-4calrk5l	183	6	in	in	IN
cord-311521-4calrk5l	183	7	the	the	DT
cord-311521-4calrk5l	183	8	Great	great	JJ
cord-311521-4calrk5l	183	9	Recession	recession	NN
cord-311521-4calrk5l	183	10	Money	money	NN
cord-311521-4calrk5l	183	11	,	,	,
cord-311521-4calrk5l	183	12	Banking	Banking	NNP
cord-311521-4calrk5l	183	13	and	and	CC
cord-311521-4calrk5l	183	14	Monetary	Monetary	NNP
cord-311521-4calrk5l	183	15	Policy	Policy	NNP
cord-311521-4calrk5l	183	16	from	from	IN
cord-311521-4calrk5l	183	17	the	the	DT
cord-311521-4calrk5l	183	18	Formation	Formation	NNP
cord-311521-4calrk5l	183	19	of	of	IN
cord-311521-4calrk5l	183	20	the	the	DT
cord-311521-4calrk5l	183	21	Federal	Federal	NNP
cord-311521-4calrk5l	183	22	Reserve	Reserve	NNP
cord-311521-4calrk5l	183	23	until	until	IN
cord-311521-4calrk5l	183	24	Today	Today	NNP
cord-311521-4calrk5l	183	25	Monetary	Monetary	NNP
cord-311521-4calrk5l	183	26	Policy	Policy	NNP
cord-311521-4calrk5l	183	27	and	and	CC
cord-311521-4calrk5l	183	28	Balance	Balance	NNP
cord-311521-4calrk5l	183	29	Sheets	Sheets	NNPS
cord-311521-4calrk5l	183	30	Outside	outside	IN
cord-311521-4calrk5l	183	31	the	the	DT
cord-311521-4calrk5l	183	32	Box	Box	NNP
cord-311521-4calrk5l	183	33	:	:	:
cord-311521-4calrk5l	183	34	Unconventional	Unconventional	NNP
cord-311521-4calrk5l	183	35	Monetary	Monetary	NNP
cord-311521-4calrk5l	183	36	Policy	Policy	NNP
cord-311521-4calrk5l	183	37	in	in	IN
cord-311521-4calrk5l	183	38	the	the	DT
cord-311521-4calrk5l	183	39	Great	great	JJ
cord-311521-4calrk5l	183	40	Recession	recession	NN
cord-311521-4calrk5l	183	41	and	and	CC
cord-311521-4calrk5l	183	42	Beyond	Beyond	NNP
cord-311521-4calrk5l	183	43	An	An	NNP
cord-311521-4calrk5l	183	44	Exploration	Exploration	NNP
cord-311521-4calrk5l	183	45	of	of	IN
cord-311521-4calrk5l	183	46	Optimal	Optimal	NNP
cord-311521-4calrk5l	183	47	Stabilization	Stabilization	NNP
cord-311521-4calrk5l	183	48	Policy	Policy	NNP
cord-311521-4calrk5l	183	49	Friedman	Friedman	NNP
cord-311521-4calrk5l	183	50	's	's	POS
cord-311521-4calrk5l	183	51	Presidential	Presidential	NNP
cord-311521-4calrk5l	183	52	Address	Address	NNP
cord-311521-4calrk5l	183	53	in	in	IN
cord-311521-4calrk5l	183	54	the	the	DT
cord-311521-4calrk5l	183	55	Evolution	evolution	NN
cord-311521-4calrk5l	183	56	of	of	IN
cord-311521-4calrk5l	184	1	Macroeconomic	macroeconomic	JJ
cord-311521-4calrk5l	184	2	Thought	Thought	NNP
cord-311521-4calrk5l	184	3	A	A	NNP
cord-311521-4calrk5l	184	4	Theory	theory	NN
cord-311521-4calrk5l	184	5	of	of	IN
cord-311521-4calrk5l	184	6	Systemic	Systemic	NNP
cord-311521-4calrk5l	184	7	Fragility	Fragility	NNP
cord-311521-4calrk5l	184	8	Monetary	Monetary	NNP
cord-311521-4calrk5l	184	9	Policy	Policy	NNP
cord-311521-4calrk5l	184	10	and	and	CC
cord-311521-4calrk5l	184	11	Job	Job	NNP
cord-311521-4calrk5l	184	12	Creation	Creation	NNP
cord-311521-4calrk5l	184	13	"	"	''
cord-311521-4calrk5l	184	14	.	.	.
cord-311521-4calrk5l	185	1	A	a	DT
cord-311521-4calrk5l	185	2	speech	speech	NN
cord-311521-4calrk5l	185	3	at	at	IN
cord-311521-4calrk5l	185	4	the	the	DT
cord-311521-4calrk5l	185	5	University	University	NNP
cord-311521-4calrk5l	185	6	of	of	IN
cord-311521-4calrk5l	185	7	Maryland	Maryland	NNP
cord-311521-4calrk5l	185	8	Smith	Smith	NNP
cord-311521-4calrk5l	185	9	School	School	NNP
cord-311521-4calrk5l	185	10	of	of	IN
cord-311521-4calrk5l	185	11	Business	Business	NNP
cord-311521-4calrk5l	185	12	Distinguished	Distinguished	NNP
cord-311521-4calrk5l	185	13	Speaker	Speaker	NNP
cord-311521-4calrk5l	185	14	Series	Series	NNP
cord-311521-4calrk5l	185	15	Unwinding	Unwinding	NNP
cord-311521-4calrk5l	185	16	Quantitative	quantitative	JJ
cord-311521-4calrk5l	185	17	Easing	easing	NN
cord-311521-4calrk5l	185	18	:	:	:
cord-311521-4calrk5l	185	19	How	how	WRB
cord-311521-4calrk5l	185	20	the	the	DT
cord-311521-4calrk5l	185	21	Fed	Fed	NNP
cord-311521-4calrk5l	185	22	Should	Should	MD
cord-311521-4calrk5l	185	23	Promote	promote	VB
cord-311521-4calrk5l	185	24	Stable	stable	JJ
cord-311521-4calrk5l	185	25	Prices	price	NNS
cord-311521-4calrk5l	185	26	,	,	,
cord-311521-4calrk5l	185	27	Economic	Economic	NNP
cord-311521-4calrk5l	185	28	Growth	Growth	NNP
cord-311521-4calrk5l	185	29	and	and	CC
cord-311521-4calrk5l	185	30	Job	Job	NNP
cord-311521-4calrk5l	185	31	Creation	Creation	NNP
cord-311521-4calrk5l	185	32	QE	QE	NNP
cord-311521-4calrk5l	186	1	:	:	:
cord-311521-4calrk5l	186	2	Is	be	VBZ
cord-311521-4calrk5l	186	3	There	there	EX
cord-311521-4calrk5l	186	4	a	a	DT
cord-311521-4calrk5l	186	5	Portfolio	Portfolio	NNP
cord-311521-4calrk5l	186	6	Balance	Balance	NNP
cord-311521-4calrk5l	186	7	Effect	Effect	NNP
cord-311521-4calrk5l	186	8	?	?	.
cord-311521-4calrk5l	187	1	Unconventional	Unconventional	NNP
cord-311521-4calrk5l	187	2	Monetary	Monetary	NNP
cord-311521-4calrk5l	187	3	Policy	Policy	NNP
cord-311521-4calrk5l	187	4	and	and	CC
cord-311521-4calrk5l	187	5	Aggregate	Aggregate	NNP
cord-311521-4calrk5l	187	6	Bank	Bank	NNP
cord-311521-4calrk5l	187	7	Lending	Lending	NNP
cord-311521-4calrk5l	187	8	:	:	:
cord-311521-4calrk5l	188	1	Does	do	VBZ
cord-311521-4calrk5l	188	2	Financial	Financial	NNP
cord-311521-4calrk5l	188	3	Structure	Structure	NNP
cord-311521-4calrk5l	188	4	Matter	Matter	NNP
cord-311521-4calrk5l	188	5	?	?	.
cord-311521-4calrk5l	189	1	Unconventional	Unconventional	NNP
cord-311521-4calrk5l	189	2	Monetary	Monetary	NNP
cord-311521-4calrk5l	189	3	Policy	Policy	NNP
cord-311521-4calrk5l	189	4	:	:	:
cord-311521-4calrk5l	190	1	Lessons	lesson	NNS
cord-311521-4calrk5l	190	2	from	from	IN
cord-311521-4calrk5l	190	3	the	the	DT
cord-311521-4calrk5l	190	4	Past	Past	NNP
cord-311521-4calrk5l	190	5	Three	Three	NNP
cord-311521-4calrk5l	190	6	Years	Years	NNPS
cord-311521-4calrk5l	190	7	Lessons	Lessons	NNPS
cord-311521-4calrk5l	190	8	from	from	IN
cord-311521-4calrk5l	190	9	the	the	DT
cord-311521-4calrk5l	190	10	Financial	Financial	NNP
cord-311521-4calrk5l	190	11	Crisis	Crisis	NNP
cord-311521-4calrk5l	190	12	for	for	IN
cord-311521-4calrk5l	190	13	Unconventional	Unconventional	NNP
cord-311521-4calrk5l	190	14	Monetary	Monetary	NNP
cord-311521-4calrk5l	190	15	Policy	Policy	NNP