The role of countercyclical monetary policy

Journal of Political Economy

Volumn 104, Issue 4, 1996, Pages 704-723

  Ireland, Peter N ^a  

^a FEDERAL RESERVE BANK OF RICHMOND   (United States)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 0001167859     PISSN: 00223808     EISSN: None     Source Type: Journal    
DOI: 10.1086/262039     Document Type: Article

References (9)

1. Blanchard, Olivier Jean, and Fischer, Stanley. Lectures on Macroeconomics. Cambridge, Mass.: MIT Press, 1989.
2. Fischer, Stanley. "Long-Term Contracts, Rational Expectations, and the Optimal Money Supply Rule." J.P.E. 85 (February 1977): 191-205.
3. Friedman, Milton. "The Optimum Quantity of Money." In The Optimum Quantity of Money and Other Essays. Chicago: Aldine, 1969.
4. Gillman, Max; Siklos, Pierre L.; and Silver, J. Lew. "Money Velocity with Costly Credit and the Permanent Income Hypothesis." Manuscript. Dunedin, N.Z.: Univ. Otago, Dept. Econ., December 1994.
5. Lucas, Robert E., Jr., and Stokey, Nancy L. "Optimal Fiscal and Monetary Policy in an Economy without Capital." J. Monetary Econ. 12 (July 1983): 55-93.
6. _. "Money and Interest in a Cash-in-Advance Economy." Econometrica 55 (May 1987): 491-513.
7. Phelps, Edmund S., and Taylor, John B. "Stabilizing Powers of Monetary Policy under Rational Expectations." J.P.E. 85 (February 1977): 163-90.
8. Rotemberg, Julio J. "The New Keynesian Microfoundations." In NBER Macroeconomics Annual 1987, edited by Stanley Fischer. Cambridge, Mass.: MIT Press, 1987.
9. Svensson, Lars E. O. "Sticky Goods Prices, Flexible Asset Prices, Monopolistic Competition, and Monetary Policy."Rev. Econ. Studies 53 (July 1986): 385-405.