Our Team
Robert L. Hetzel
Robert L. Hetzel was an economist in the Research Department at the Federal Reserve Bank of Richmond from 1975 to 2018. At the time of his retirement, Hetzel was a senior economist and research advisor.
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Working Papers
January 2018, No. 18-02
Robert L. Hetzel
January 2018, No. 18-01Robert L. Hetzel
July 2017, No. 17-09Robert L. Hetzel
September 2016, No. 16-11RRobert L. Hetzel
August 2016, No. 16-10Robert L. Hetzel
January 2016, No. 16-01Robert L. Hetzel and Gary Richardson
December 2015, No. 15-16Robert L. Hetzel
May 2015, No. 15-04RRobert L. Hetzel
July 2013, No. 13-07RRobert L. Hetzel
February 2004, No. 04-1Robert L. Hetzel
October 1986, No. 86-6Robert L. Hetzel
May 1984, No. 84-2Robert L. Hetzel
May 1984, No. 84-1Robert L. Hetzel
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Bank Publications
Honoring Marvin Goodfriend, May 2022
This essay reviews the Volcker and Greenspan policy accomplishments at the Fed, as well as Marvin Goodfriend's contributions during this timespan.
Robert L. Hetzel
Economic Quarterly, Fourth Quarter 2016Robert L. Hetzel
Economic Brief, April 2015, No. 15-04Robert L. Hetzel
Economic Quarterly, Third Quarter 2014Robert L. Hetzel
Economic Quarterly, Second Quarter 2014Robert L. Hetzel
Economic Quarterly, Second Quarter 2013Robert L. Hetzel
Economic Quarterly, Second Quarter 2012Robert L. Hetzel
Economic Brief, November 2009, No. 09-11Robert L. Hetzel and Stephen Slivinski
Economic Quarterly, Spring 2009Robert L. Hetzel
Economic Quarterly, Spring 2009Robert L. Hetzel
Economic Quarterly, Spring 2008Robert L. Hetzel
Economic Quarterly, Winter 2007Robert L. Hetzel
Economic Quarterly, Summer 2006Robert L. Hetzel
Economic Quarterly, Spring 2005Robert L. Hetzel
Economic Quarterly, Summer 2004Robert L. Hetzel
Economic Quarterly, Summer 2003Robert L. Hetzel
Economic Quarterly, Spring 2002Robert L. Hetzel
Economic Quarterly, Winter 2002Robert L. Hetzel
Economic Quarterly, Winter 2001Robert L. Hetzel and Ralph F. Leach
Economic Quarterly, Winter 2001Robert L. Hetzel and Ralph F. Leach
Economic Quarterly, Spring 2000Robert L. Hetzel
Economic Quarterly, Winter 1999Robert L. Hetzel
Economic Quarterly, Winter 1998Robert L. Hetzel
Economic Quarterly, Spring 1997Robert L. Hetzel
Economic Quarterly, Spring 1996Robert L. Hetzel
Economic Quarterly, Winter 1995Robert M. Darin and Robert L. Hetzel
Economic Quarterly, Summer 1994Robert M. Darin and Robert L. Hetzel
Economic Quarterly, Spring 1994Robert L. Hetzel
Economic Quarterly, Summer 1993Robert L. Hetzel
Economic Review, Sep/Oct, 1992Robert L. Hetzel
Economic Review, Jan/Feb, 1992Robert L. Hetzel
Economic Review, Nov/Dec, 1991Robert L. Hetzel
Economic Review, May/Jun, 1990Robert L. Hetzel
Economic Review, Mar/Apr, 1990Robert L. Hetzel
Economic Review, Mar/Apr, 1990Robert L. Hetzel
Economic Review, Sep/Oct, 1989Robert L. Hetzel
Economic Review, Sep/Oct, 1988Robert L. Hetzel
Economic Review, Jul/Aug, 1987Robert L. Hetzel
Economic Review, Mar/Apr, 1986Robert L. Hetzel
Economic Review, Nov/Dec, 1985Robert L. Hetzel
Economic Review, Nov/Dec, 1984Robert L. Hetzel
Economic Review, Nov/Dec, 1984Robert L. Hetzel
Economic Review, May/Jun, 1983Robert L. Hetzel
Economic Review, Jul/Aug, 1982Robert L. Hetzel
Economic Review, May/Jun, 1981Robert L. Hetzel
Economic Review, May/Jun, 1978Robert L. Hetzel and Thomas A. Lawler
Economic Review, Sep/Oct, 1977Robert L. Hetzel
Economic Review, Jan/Feb, 1976Robert L. Hetzel
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Other Work
The Monetary Policy of the Federal Reserve: A History. Cambridge University Press, 2008.
"Milton Friedman and Liberty." Region Focus, Winter 2007.
"Remembering Milton Friedman: The Power of Markets." Richmond Times Dispatch, November 29, 2006.
"Friedman, Milton." In An Encyclopedia of Keynesian Economics, edited by Thomas Cate, 191-194. Cheltenham, UK: Edward Elgar, 1997.
"A Better Way to Fight Inflation." Wall Street Journal, April 25, 1991.
"The Political Economy of Monetary Policy." In The Political Economy of American Monetary Policy, edited by Thomas Mayer, 99-114. Cambridge Press, 1989.
The Relevance of Adam Smith. Federal Reserve Bank of Richmond, 1977.
Our Team
Robert L. Hetzel was an economist at the Federal Reserve Bank of Richmond from 1975 to 2018. At the time of his retirement, Hetzel was a senior economist and research advisor.