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An Econometric Evaluation of International Monetary Policy Rules: Fixed Versus Flexible Exchange Rates
Econometric Evaluation International Monetary Policy Rules
2015/8/4
An Econometric Evaluation of International Monetary Policy Rules: Fixed Versus Flexible Exchange Rates.
A Summary of the Empirical and Analytical Results and the Implications for International Monetary Policy
Analytical Results International Monetary Policy
2015/8/4
A Summary of the Empirical and Analytical Results and the Implications for International Monetary Policy.
Japanese Macroeconomic Policy and the Current Account Under Alternative International Monetary Regimes
Macroeconomic Policy Monetary Regimes
2015/8/4
Japanese Macroeconomic Policy and the Current Account Under Alternative International Monetary Regimes.
Monetary Policy and the Stability of Macroeconomic Relationships
Monetary Policy Macroeconomic Relationships
2015/8/4
Estimates of the effect of different international monetary regimes on the parameters of the Phillips curve,
the Keynesian consumption function, and other reduced-form macroeconomic relationships are...
Comment on ‘Central Bank Behavior and the Strategy of Monetary Policy: Observations from Six Industrialized Countries’ by Ben Bernanke and Frederic Mishkin
Central Bank Behavior Strategy of Monetary Policy
2015/8/4
Ben Bernanke and Rick Mishkin have put together a useful data base
on money growth, targets for money growth, and monetary policy decisions
in six different countries during the 1970s and 1980s. The...
Discretion Versus Policy Rules in Practice.
Mervyn King’s paper is jam-packed with interesting ideas and good
common sense about monetary policy. I admire the clearly stated and
rigorous macroeconomic analysis that he applies in this paper. I...
Inflation Targeting and Monetary Policy Rules: Experience and Research
Inflation Monetary Policy
2015/8/4
Inflation Targeting and Monetary Policy Rules: Experience and Research.
Comments on ‘Making Policy in a Changing World’ by William C. Brainard and George L. Perry
Making Policy Changing World
2015/8/4
Comments on ‘Making Policy in a Changing World’ by William C. Brainard and George L. Perry.
Alternative Views of the Monetary Transmission Mechanism: What Difference Do They Make for Monetary Policy?
Monetary Transmission Mechanism Monetary Policy
2015/8/4
Alternative Views of the Monetary Transmission Mechanism: What Difference Do They Make for Monetary Policy?
Comments on ‘Three Lessons for Monetary Policy in a Low Inflation Era’ by David Reifschneider and John Williams,’
Three Lessons Monetary Policy
2015/8/4
This paper by David Reifschneider and John Williams is a useful and innovative
analysis of monetary policy problems caused by the lower bound of zero on the nominal
interest rate. The authors provid...
For a country that chooses not to "permanently"
fix its exchange rate through a currency
board, or a common currency, or some kind of
dollarization, the only alternative monetary policy
that can w...
Monetary Policy Modeling: Where Are We and Where Should We Be Going
Monetary Policy Modeling
2015/8/3
Monetary Policy Modeling: Where Are We and Where Should We Be Going.
The purpose of this note is to provide some background for a discussion of the monetary
policy implications of globalization. By globalization I simply mean the increased mobility and
interdependenc...
The Policy Support Instrument: A Key Component of the Recent IMF Reform Movement
Policy Support Instrument Recent IMF Reform Movement
2015/8/3
The Policy Support Instrument: A Key Component of the Recent IMF Reform Movement.