What objectives for monetary policy?

Central Banks as Economic Institutions

Volumn , Issue , 2008, Pages 52-67

  Friedman, Benjamin M ^a  

^a HARVARD UNIVERSITY   (United States)

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EID: 84856793971     PISSN: None     EISSN: None     Source Type: Book    
DOI: None     Document Type: Chapter

References (14)

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2. Buiter, Willem and Iain Jewitt (1981), 'Staggered wage setting with real relativities: variations on a theme of Taylor', The Manchester School, 49 (September), pp. 211-28.
3. Clarida, Richard, Jordi Gali and Mark Gertler (1999), 'The science of monetary policy', Journal of Economic Literature, 37 (December), pp. 1661-707.
4. Eggertsson, Gauti B. and Michael Woodford (2003), 'The zero bound on interest rates and optimal monetary policy', Brookings Papers on Economic Activity, 1, pp. 139-211.
5. Friedman, Benjamin M. (2004), 'Why the Federal Reserve should not adopt inflation targeting', International Finance, 7 (Spring), pp. 129-36.
6. Fuhrer, Jeff and George Moore (1995), 'Inflation persistence', Quarterly Journal of Economics, 110 (February), pp. 127-59.
7. Greenspan, Alan (1999), untitled remarks, in New Challenges for Monetary Policy, proceedings of a symposium sponsored by the Federal Reserve Bank of Kansas City at Jackson Hole, WY, 26-28 August
8. King, Mervyn (1997), 'Changes in U.K. monetary policy: rules and discretion in practice', Journal of Monetary Economics, 39 (June), pp. 81-97.
9. Mankiw, N. Gregory and Ricardo Reis (2002), 'Sticky information versus sticky prices: a proposal to replace the new Keynesian Phillips curve', Quarterly Journal of Economics, 117 (November), pp. 1295-328.
10. Roberts, John M. (1995), 'New Keynesian economics and the Phillips curve', Journal of Money, Credit and Banking, 27 (November), pp. 975-84.
11. Rogoff, Kenneth (1985), 'The optimal degree of commitment to a monetary target', Quarterly Journal of Economics, 100 (November), pp. 1169-89.
12. Svensson, Lars E.O. (1997), 'Inflation forecast targeting: implementing and monitoring inflation targets', European Economic Review, 41 (June), pp. 1111-46.
13. Tinbergen, Jan (1952), On the Theory of Economic Policy, Amsterdam: North-Holland
14. Tinbergen, Jan (1966), Economic Policy: Principles and Design, Amsterdam: North-Holland