The role of the exchange rate in monetary-policy rules

American Economic Review

Volumn 91, Issue 2, 2001, Pages 263-267

  Taylor, John B ^a  

^a STANFORD UNIVERSITY   (United States)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 0002226668     PISSN: 00028282     EISSN: None     Source Type: Journal    
DOI: 10.1257/aer.91.2.263     Document Type: Article

References (11)

1. Ball, Laurence. "Policy Rules for Open Economies," in John B. Taylor, ed., Monetary policy rules. Chicago: University of Chicago Press, 1999, pp. 127-44.
2. Batini, Nicolleta; Harrison, Richard and Millard, Stephen. "Monetary Policy Rules for Open Economies." Working paper, Bank of England, London, U.K., September 2000.
3. Bernanke, Ben S.; Laubach, Thomas; Mishkin, Frederic S. and Posen, Adam S. Inflation targeting. Princeton, NJ: Princeton University Press, 1999.
4. Huang, A.; Margaritas, D. and Mayes, D. "Monetary Policy Rules in New Zealand, 1988-98." Working paper, University of Waikato, New Zealand, November 2000.
5. McCallum, Bennett and Nelson, Edward. "Monetary Policy for an Open Economy: An Alternative Framework with Optimizing Agents and Sticky Prices." Working paper, Carnegie Mellon University, December 2000.
6. Obstfeld, Maurice and Rogoff, Kenneth. "The Mirage of Fixed Exchange Rates." Journal of Economic Perspectives, Fall 1995, 9(4), pp. 73-96.
7. _. "New Directions for Stochastic Open Economy Models." Journal of International Economics. February 2000, 50(1), pp. 117-53.
8. Svensson, Lars E. O. "Open-Economy Inflation Targeting." Journal of International Economics, February 2000, 50(1), pp. 155-83.
9. Taylor, John B. "Discretion Versus Policy Rules in Practice." Carnegie-Rochester Conference Series on Public Policy, December 1993, 39(0), pp. 195-214.
10. _, ed. Monetary policy rules. Chicago: University of Chicago Press, 1999a.
11. _. "The Robustness and Efficiency of Monetary Policy Rules as Guidelines for Interest Rate Setting by the European Central Bank." Journal of Monetary Economics, June 1999b, 43(3), pp. 655-79.