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Volumn 17, Issue 1, 2002, Pages 9-45

"Rules vs. discretion" after twenty-five years

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Indexed keywords


EID: 33846102617     PISSN: 08893365     EISSN: None     Source Type: Book Series    
DOI: 10.1086/ma.17.3585272     Document Type: Article
Times cited : (19)

References (28)
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  • 3
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    • Canzoneri, M.B.1
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    • Clarida, R., J. Gali, and M. Gertler. (1999). The science of monetary policy: A new Keynesian perspective. Journal of Economic Literature 37:1661-1707.
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    • Clarida, R.1    Gali, J.2    Gertler, M.3
  • 9
    • 0009903373 scopus 로고    scopus 로고
    • Faust, J., and L. E. O. Svensson. (2001). Transparency and credibility: Monetary policy with unobserved goals. International Economic Review 42.
    • Faust, J., and L. E. O. Svensson. (2001). Transparency and credibility: Monetary policy with unobserved goals. International Economic Review 42.
  • 10
    • 0001891557 scopus 로고
    • Dynamics inconsistency, cooperation and the benevolent dissembling government
    • Fischer, S. (1980). Dynamics inconsistency, cooperation and the benevolent dissembling government. Journal of Economic Dynamics and Control 2:91-108.
    • (1980) Journal of Economic Dynamics and Control , vol.2 , pp. 91-108
    • Fischer, S.1
  • 11
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    • A monetary and fiscal framework for economic stability
    • Friedman, M. (1948). A monetary and fiscal framework for economic stability. American Economic Review 38:245-264.
    • (1948) American Economic Review , vol.38 , pp. 245-264
    • Friedman, M.1
  • 13
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    • Monetary mystique: Secrecy and central banking
    • Goodfriend, M. (1986). Monetary mystique: Secrecy and central banking. Journal of Monetary Economics 17:63-92.
    • (1986) Journal of Monetary Economics , vol.17 , pp. 63-92
    • Goodfriend, M.1
  • 14
    • 0001965756 scopus 로고
    • Noncooperative collusion under imperfect price information
    • Green, E. J., and R. H. Porter. (1984). Noncooperative collusion under imperfect price information. Econometrica 52:87-100.
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    • Green, E.J.1    Porter, R.H.2
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    • 0033211668 scopus 로고    scopus 로고
    • Does the time-consistency problem explain the behavior of inflation in the United States?
    • _. (1999). Does the time-consistency problem explain the behavior of inflation in the United States? Journal of Monetary Economics 44:279-291.
    • (1999) Journal of Monetary Economics , vol.44 , pp. 279-291
    • Ireland, P.N.1
  • 17
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    • Rules rather than discretion: The inconsistency of optimal plans
    • Kydland, F. E., and E. C. Prescott. (1977). Rules rather than discretion: The inconsistency of optimal plans. Journal of Political Economy 85:473-491.
    • (1977) Journal of Political Economy , vol.85 , pp. 473-491
    • Kydland, F.E.1    Prescott, E.C.2
  • 18
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    • Optimal fiscal and monetary policy in an economy without capital
    • Lucas, R. E., and N. L. Stokey. (1983). Optimal fiscal and monetary policy in an economy without capital. Journal of Monetary Economics 12:55-93.
    • (1983) Journal of Monetary Economics , vol.12 , pp. 55-93
    • Lucas, R.E.1    Stokey, N.L.2
  • 19
    • 77956767349 scopus 로고    scopus 로고
    • Issues in the design of monetary policy rules
    • J. B. Taylor and M. Woodford eds, Elsevier
    • McCallum, B. T. (1999). Issues in the design of monetary policy rules. In Handbook of Macroeconomics, J. B. Taylor and M. Woodford (eds.). Elsevier.
    • (1999) Handbook of Macroeconomics
    • McCallum, B.T.1
  • 22
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    • Optimal choice of monetary instruments in a simple stochastic macro model
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  • 23
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    • The optimal degree of commitment to a monetary target
    • _. (1985). The optimal degree of commitment to a monetary target. Quarterly Journal of Economics 100:1169-1190.
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    • Poole, W.1
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    • Rogoff, K. (1989). Reputation, coordination, and monetary policy. In Modern Business Cycle Theory, R. J. Barro (ed.). Harvard University Press, pp. 83-96.
    • (1989) Modern Business Cycle Theory , pp. 83-96
    • Rogoff, K.1
  • 28
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    • Optimal fiscal policy in a stochastic growth model
    • Zhu, Xiaodong. (1992). Optimal fiscal policy in a stochastic growth model. Journal of Economic Theory 58:250-289.
    • (1992) Journal of Economic Theory , vol.58 , pp. 250-289
    • Zhu, X.1


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.