The Choice of an Inflation Target Range in a Small Open Economy

American Economic Review

Volumn 92, Issue 2, 2002, Pages 85-89

  Erceg, Christopher J ^a  

^a FEDERAL RESERVE BOARD   (United States)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 0042420156     PISSN: 00028282     EISSN: None     Source Type: Journal    
DOI: 10.1257/000282802320189050     Document Type: Article

References (6)

1. Bernanke, Ben; Laubach, Thomas; Mishkin, Frederick and Posen, Adam. Inflation targeting: Lessons from the international experience. Princeton, NJ: Princeton University Press, 1999.
2. Erceg, Christopher; Henderson, Dale and Levin, Andrew. "Optimal Monetary Policy with Staggered Wage and Price Contracts." Journal of Monetary Economics, October 2000, 46(2), pp. 281-313.
3. Galí, Jordi and Monacelli, Tommaso. "Optimal Monetary Policy and Exchange Rate Volatility in a Small Open Economy." Unpublished manuscript, Boston College, 2000.
4. McCallum, Bennett and Nelson, Edward. "Monetary Policy for an Open Economy: An Alternative Framework with Optimizing Agents and Sticky Prices." Unpublished manuscript, Carnegie Mellon University, 2001.
5. Svensson, Lars E. O. "Independent Review of the Operation of Monetary Policy in New Zealand: Report to the Minister of Finance." Unpublished manuscript, Institute for International Economic Studies, Stockholm University, 2001.
6. Taylor, John. "Discretion versus Policy Rules in Practice." Carnegie Rochester Series on Public Policy, December 1993, 39, pp. 195-214.