Monetarism: The issues and the outcome

Atlantic Economic Journal

Volumn 26, Issue 1, 1998, Pages 8-31

  Meltzer, Allan H ^a  

^a CARNEGIE MELLON UNIVERSITY   (United States)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 54649083907     PISSN: 01974254     EISSN: None     Source Type: Journal    
DOI: 10.1007/BF02298368     Document Type: Article

References (39)

1. Ackley, Garner, Macroeconomic Theory, New York, NY: Macmillan, 1961.
2. Andersen, Leonall; Jordan, Jerry L. "Monetary and Fiscal Action: A Test of the Relative Importance in Economic Stabilization," Review, Federal Reserve Bank of St. Louis, 50, 1968, pp. 11-24.
3. Ball, Laurence; Mankiw, N. Gregory. "A Sticky Price Manifesto," Carnegie Rochester Conference Series, 41, December 1994, pp. 127-51.
4. Baumol, William. "The Transaction Demand for Cash: An Inventory Theoretic Approach," Quarterly Journal of Economics, 66, November 1952, pp. 545-56.
5. Blanchard, Olivier; Katz, Lawrence F. "What We Know and Do Not Know about the Natural Rate of Unemployment," Journal of Economic Perspectives, 11, 1997, pp. 51-72.
6. Brunner, Karl; Meltzer, Allan H. Money and the Economy: Issues in Monetary Analysis, The Raffaele Mattioli Lectures, Cambridge, MA: Cambridge University Press, 1993.
7. _. Monetary Economics, Oxford, United Kingdom: Basil Blackwell, 1989.
8. _, eds. "The Problem of Inflation," Carnegie Rochester Conference Series on Public Policy, 8, 1978.
9. Committee on the Working of the Monetary System. Report, London, United Kingdom: Her Majesty's Stationery Office, 1959.
10. Friedman, Benjamin M. "The Rise and Fall of Money Growth Targets as Guidelines for U.S. Monetary Policy," in Iwao Kuroda, ed., Towards More Effective Monetary Policy, London, United Kingdom: Macmillan (in association with the Bank of Japan), 1997, pp. 137-64.
11. Friedman, Benjamin M.; Kuttner, Kenneth. "Another Look at the Evidence on Money-Income Causality," Journal of Econometrics, 57, 1993, pp. 189-203.
12. Friedman, Milton, ed. Studies in the Quantity Theory of Money, Chicago, IL: University of Chicago, 1956.
13. Friedman, Milton; Schwartz, Anna J. Monetary History of the United States, 1867-1960, Princeton, NJ: Princeton University Press for the National Bureau of Economic Research, 1963.
14. George, Eddie. "The Sixteenth Mais Lecture," xerox, London, United Kingdom: Department of Banking and Finance, City University, June 24, 1997.
15. Gordon, Robert A.; Klein, Lawrence R., eds. Readings in Business Cycles, Homewood, IL: R.D. Irwin, 1965.
16. Gordon, Robert J. "Price Inertia and Policy Ineffectiveness in the United States, 1890-1980," Journal of Political Economy, 90, 1982, pp. 1087-117.
17. Hegeland, Hugo. The Quantity Theory of Money, Goteborg, Sweden: Elanders, 1951.
18. Hoffman, Dennis; Rasche, Robert. Aggregate Money Demand functions: Empirical Applications in Cointegrated Systems, Dordrecht, The Netherlands: Kluwer, 1996.
19. Jefferson, Phillip N. "Home Base and Monetary Base Rules: Elementary Evidence from the 1980s and 1990s," Board of Governors: Finance and Economics Discussion Series, No. 1997-21 (xeroxed), 1997.
20. Kaldor, Nicholas. The Scourge of Monetarism, London, United Kingdom: Oxford University Press, 1982.
21. King, Robert G.; Watson, Mark W. "The Post-War U.S. Phillips Curve: A Revisionist Econometric History," Carnegie Rochester Conference Series on Public Policy, 41, December 1994, pp. 157-220.
22. Klaus, Vaclav. "My Seeming Affiliation with the University of Chicago," unpublished, May 1, 1995.
23. Kydland, Finn; Prescott, Edward C. "Rules Rather than Discretion: The Inconsistency of Optimal Plans," Journal of Political Economy, 85, June 1977, pp. 473-92.
24. Longworth, David. "Comments," in Iwao Kuroda, ed., Towards More Effective Monetary Policy, London, United Kingdom: Macmillan (in association with the Bank of Japan), pp. 165-70.
25. McCallum, Bennett. "Robustness Properties of a Rule for Monetary Policy," Carnegie Rochester Conference Series on Public Policy, 29, Autumn 1987, pp. 173-203.
26. McCallum, Bennett. "Could a Monetary Base Rule Have Prevented the Great Depression?," Journal of Monetary Economics, 26, August 1990, pp. 3-26.
27. Meltzer, Allan H. "Limits of Short-Run Stabilization Policy," Economic Inquiry, 25, January 1987, pp. 1-13.
28. Mishkin, Frederic S. A Rational Expectations Approach to Macroeconometrics: Testing Policy Ineffectiveness and Efficient Markets Models, Chicago, IL: University of Chicago Press, 1983.
29. Modigliani, Franco. "The Monetarist Controversy or, Should We Forsake Stabilization Policies?," American Economic Review, 67, March 1977, pp. 1-19.
30. Muth, John F. "Rational Expectations and the Theory of Price Movements," Econometrica, 29, July 1961, pp. 315-35.
31. Porter, Richard; Judson, Ruth. "The Location of U.S. Currency: How Much Is Abroad?," Federal Reserve Bulletin, 82, October 1996, pp. 883-903.
32. Rich, Georg. "Comments," in Iwao Kuroda, ed., Towards More Effective Monetary Policy, London, United Kingdom: Macmillan (in association with the Bank of Japan), 1997, pp. 171-5.
33. Robinson, Joan; Wilkinson, F. "Ideology and Logic," in F. Vicarelli, ed., Keynes's Relevance Today, Philadelphia, PA: University of Pennsylvania Press, 1985, pp. 73-98.
34. Samuelson, Paul A.; Solow, Robert M. "Analytical Aspects of Anti-Inflation Policy," American Economic Review, Papers and Proceedings, 50, May 1961, pp. 177-94.
35. Taylor, John. "Discretion versus Policy Rules in Practice," Carnegie Rochester Conference Series on Public Policy, 39, December 1993, pp. 195-214.
36. Tobin, James. "The Interest Elasticity of Transactions Demand for Cash," Review of Economics and Statistics, 38, August 1956, pp. 241-7.
37. Villard, Henry. "Monetary Theory," in H. S. Ellis, ed., A Survey of Contemporary Economics, Philadelphia, PA: Blakiston for the American Economic Association, 1948, pp. 314-51.
38. Viner, Jacob. Studies in the Theory of International Trade, 1937, reprinted, New York, NY: Kelley, 1965.
39. Warburton, Clark. "The Misplaced Emphasis in Contemporary Business-Fluctuation Theory," Journal of Business, 5, October 1946 (reprinted in Readings in Monetary Theory, Philadelphia, PA: Blakiston for the American Economic Association, 1951, pp. 284-318).