'The meaning of internal balance' thirty years on

Economic Journal

Volumn 119, Issue 541, 2009, Pages

  Bean, Charles ^a  

^a BANK OF ENGLAND   (United Kingdom)

Author keywords

[No Author keywords available]

Indexed keywords

ADVOCACY; BALANCE OF PAYMENTS; EXCHANGE RATE; INFLATION; MONETARY POLICY;

EID: 70350158789     PISSN: 00130133     EISSN: 14680297     Source Type: Journal    
DOI: 10.1111/j.1468-0297.2009.02315.x     Document Type: Article

References (43)

1. Barro RJ, Gordon D. 'A positive theory of monetary policy in a natural rate model'. Journal of Political Economy 1983, 91(August):589-610. vol, pp
2. Bean CR. 'Targeting nominal income: an appraisal'. Economic Journal 1983, 93(December):806-19. vol, pp
3. Bean CR. 'The new UK monetary arrangements: a view from the literature'. Economic Journal 1998, 108(November):1795-809. vol, pp
4. Bean CR, Richards A, Robinson T. 'Asset prices, financial imbalances and monetary policy: are inflation targets enough?'. Asset Prices and Monetary Policy 2003, 48-76. in, eds, pp, Sydney, Reserve Bank of Australia
5. Benati L. 'UK monetary regimes and stylised macroeconomic facts'. 2006, Bank of England Working Paper No. 290
6. Bernanke BS. 'The Great Moderation'. 2004, Remarks at the meetings of the Eastern Economic Association, Washington, DC, 20 February
7. Bernanke BS, Gertler M. 'Should central banks respond to movements in asset prices?'. American Economic Review 2001, 91(May):253-7. vol, pp
8. Bernanke BS, Laubach T, Mishkin FS, Posen A. Inflation Targeting: Lessons from the International Experience 1999, Princeton, Princeton University Press
9. Bhundia A, O'Donnell AT. 'UK policy co-ordination: the importance of institutional design'. Fiscal Studies 2002, 23(March):135-64. vol, pp
10. Blanchard OJ, Wolfers J. 'The role of shocks and institutions in the rise of European unemployment: the aggregate evidence'. Economic Journal 2000, 110(March):C1-33. vol, pp
11. Bordo M, Jeanne O. 'Monetary policy and asset prices: does benign neglect make sense?'. International Finance 2002, 5(December):139-64. vol, pp
12. Borio C, Lowe P. 'Asset prices, financial and monetary stability: exploring the nexus'. 2002, Bank for International Settlements Working Paper No. 114
13. Borio C, White W. 'Whither monetary and financial stability? The implications of evolving policy regimes'. Monetary Policy and Uncertainty: Adapting to a Changing Economy 2003, 131-212. in, pp, Kansas City, Federal Reserve Bank of Kansas City
14. Brainard W. 'Uncertainty and the effectiveness of policy'. American Economic Review 1967, 57(May):411-25. vol, pp
15. Calmfors L, Driffill J. 'Bargaining structure, corporatism and macroeconomic performance'. Economic Policy 1988, 6(April):13-62. vol, pp
16. Clarida R, Gali J, Gertler M. 'Monetary policy rules and macroeconomic stability: evidence and some theory'. Quarterly Journal of Economics 2000, 115(February):147-80. vol, pp
17. Friedman M. 'The role of monetary policy'. American Economic Review 1968, 58(March):1-17. vol, pp
18. Greenspan A. 'Opening remarks'. Rethinking Stabilization Policy 2002, 1-10. in, pp, Kansas City, Federal Reserve Bank of Kansas City
19. Gruen D, Plumb M, Stone A, Richards A, Robinson T. 'How should monetary policy respond to asset-price bubbles?'. Asset Prices and Monetary Policy 2003, 260-80. in, eds, pp, Sydney, Reserve Bank of Australia
20. Henry SGB, Satchi M, Vines D. 'The effect of discounting on policy choices in inflation targeting regimes'. Economic Journal 2006, 116(January):266-82. vol, pp
21. King MA. 'The inflation target five years on'. Bank of England Quarterly Bulletin 1997, 37(November):434-42. vol, pp
22. King MA. 'Monetary policy: practice ahead of theory'. Bank of England Quarterly Bulletin 2005, 45(Summer):226-35. vol, pp
23. Kydland FE, Prescott EC. 'Rules rather than discretion: the inconsistency of optimal plans'. Journal of Political Economy 1977, 85(June):473-92. vol, pp
24. Layard PRG, Nickell S, Jackman R. Unemployment: Macroeconomic Performance and the Labour Market 1991, Oxford, Oxford University Press
25. Lubik T, Schorfheide F. 'Testing for indeterminacy: an application to US monetary policy'. American Economic Review 2004, 94(January):190-217. vol, pp
26. Meade JE. The Theory of International Economic Policy: The Balance of Payments 1951, London and New York, Oxford University Press
27. Meade JE. The Theory of International Economic Policy: Trade and Welfare 1955, London and New York, Oxford University Press
28. Meade JE. 'The meaning of internal balance'. Economic Journal 1978, 88(September):423-35. vol, pp
29. Meade JE. Stagflation: Wage Fixing 1982, London, Allen & Unwin
30. Meade JE. Alternative Systems of Business Organisation and Workers' Remuneration 1986, London, Allen & Unwin
31. Meade JE. 'The EMU and the control of inflation'. Oxford Review of Economic Policy 1990, 6(Winter):100-7. vol, pp
32. Meade JE, Vines D, Maciejowski J. Stagflation: Demand Management 1983, London, Allen & Unwin
33. Meade JE, Weale M. 'Monetary union and the assignment problem'. Scandinavian Journal of Economics 1995, 97(June):201-22. vol, pp
34. OECD Jobs Study OECD, 1994, Paris: OECD
35. Reinhart C, Rogoff K. 'The aftermath of financial crises'. 2009, National Bureau of Economic Research Working Paper No. 14656
36. Rogoff K. 'The optimal degree of commitment to an intermediate monetary target'. Quarterly Journal of Economics 1985, 100(November):1169-89. vol, pp
37. Sims C, Zha T. 'Were there regime switches in US monetary policy?'. American Economic Review 2006, 96(March):54-81. vol, pp
38. Stock J, Watson M. 'Has the business cycle changed? Evidence and explanations'. Monetary Policy and Uncertainty: Adapting to a Changing Economy 2003, 131-212. in, pp, Kansas City, Federal Reserve Bank of Kansas City
39. Svensson LEO. 'What is wrong with Taylor rules? Using judgment in monetary policy through targeting rules'. Journal of Economic Literature 2003a, 41(June):426-77. vol, pp
40. Svensson LEO, Mizen P. 'The inflation forecast and the loss function'. Central Banking, Monetary Theory and Practice: Essays in Honour of Charles Goodhart 2003b, 1:135-52. in, ed, vol, pp, Cheltenham, Edward Elgar
41. Svensson LEO, Woodford M, Bernanke BS, Woodford M. 'Implementing optimal policy through inflation-forecast targeting'. The Inflation-Targeting Debate 2005, 19-83. in, eds.), pp, Chicago, University of Chicago Press
42. Weale M, Blake A, Christodoulakis N, Meade JE, Vines D. Macroeconomic Policy: Inflation, Wealth and the Exchange Rate 1989, London, Unwin & Hyman
43. Woodford M. Interest and Prices: Foundations of a Theory of Monetary Policy 2003, Princeton, Princeton University Press