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Details about Bennett T. McCallum

This author is deceased (2023-01-01).

Access statistics for papers by Bennett T. McCallum.

Last updated 2023-12-26. Update your information in the RePEc Author Service.

Short-id: pmc4


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Working Papers

2012

  1. A Continuity Refinement for Rational Expectations Solutions
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads
  2. Determinacy, Learnability, Plausibility, and the Role of Money in New Keynesian Models
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (6)
  3. Refining Linear Rational Expectations Models and Equilibria
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (3)
    See also Journal Article Refining linear rational expectations models and equilibria, Journal of Macroeconomics, Elsevier (2015) Downloads View citations (3) (2015)
  4. The Role of Money in New-Keynesian Models
    Working Papers, Banco Central de Reserva del Perú Downloads View citations (8)

2011

  1. Should Central Banks Raise their Inflation Targets? Some Relevant Issues
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (10)
    See also Journal Article Should central banks raise their inflation targets? Some relevant issues, Economic Quarterly, Federal Reserve Bank of Richmond (2011) Downloads View citations (4) (2011)

2010

  1. Is the Spurious Regression Problem Spurious?
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (16)
    See also Journal Article Is the spurious regression problem spurious?, Economics Letters, Elsevier (2010) Downloads View citations (15) (2010)
  2. Money and inflation: some critical issues
    Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) Downloads View citations (14)
    See also Chapter Money and Inflation: Some Critical Issues, Handbook of Monetary Economics, Elsevier (2010) Downloads View citations (39) (2010)
  3. The Future of Central Banking: A Lesson from United States History
    IMES Discussion Paper Series, Institute for Monetary and Economic Studies, Bank of Japan Downloads View citations (2)

2009

  1. Causality, Structure, and the Uniqueness of Rational Expectations Equilibria
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (6)
    See also Journal Article CAUSALITY, STRUCTURE AND THE UNIQUENESS OF RATIONAL EXPECTATIONS EQUILIBRIA, Manchester School, University of Manchester (2011) Downloads (2011)
  2. The Role of "Determinacy" in Monetary Policy Analysis
    IMES Discussion Paper Series, Institute for Monetary and Economic Studies, Bank of Japan Downloads View citations (4)

2008

  1. Determinacy, Learnability, And Plausibility In Monetary Policy Analysis: Additional Results
    Working Papers Central Bank of Chile, Central Bank of Chile Downloads View citations (3)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2008) Downloads View citations (3)

    See also Chapter Determinacy, Learnability, and Plausibility in Monetary Policy Analysis: Additional Results, Central Banking, Analysis, and Economic Policies Book Series, Central Bank of Chile (2009) Downloads (2009)
  2. Inflation Determination with Taylor Rules: Is New Keynesian Analysis Critically Flawed?
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (8)
    See also Journal Article Inflation determination with Taylor rules: Is new-Keynesian analysis critically flawed?, Journal of Monetary Economics, Elsevier (2009) Downloads View citations (35) (2009)
  3. Reconsideration of the P-Bar Model of Gradual Price Adjustment
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (4)
    See also Journal Article Reconsideration of the P-bar model of gradual price adjustment, European Economic Review, Elsevier (2008) Downloads View citations (4) (2008)

2007

  1. Banking and Interest Rates in Monetary Policy Analysis: A Quantitative Exploration
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (335)
    See also Journal Article Banking and interest rates in monetary policy analysis: A quantitative exploration, Journal of Monetary Economics, Elsevier (2007) Downloads View citations (299) (2007)
  2. Basic Calvo and P-Bar Models of Price Adjustment: A Comparison
    Kiel Working Papers, Kiel Institute for the World Economy (IfW Kiel) Downloads View citations (1)
  3. Monetary Policy in East Asia: the Case of Singapore
    IMES Discussion Paper Series, Institute for Monetary and Economic Studies, Bank of Japan Downloads View citations (14)
    See also Journal Article Monetary Policy in East Asia: The Case of Singapore, Monetary and Economic Studies, Institute for Monetary and Economic Studies, Bank of Japan (2007) Downloads View citations (14) (2007)

2006

  1. E-Stability vis-a-vis Determinacy Results for a Broad Class of Linear Rational Expectations Models
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (5)
    See also Journal Article E-stability vis-a-vis determinacy results for a broad class of linear rational expectations models, Journal of Economic Dynamics and Control, Elsevier (2007) Downloads View citations (86) (2007)
  2. Monetary and Fiscal Theories of the Price Level: The Irreconcilable Differences
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (13)
    Also in Working Papers, Federal Reserve Bank of St. Louis (2006) Downloads View citations (6)

    See also Journal Article Monetary and Fiscal Theories of the Price Level: The Irreconcilable Differences, Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited (2005) View citations (31) (2005)

2005

  1. A Monetary Policy Rule for Automatic Prevention of a Liquidity Trap
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (9)
    See also Chapter A Monetary Policy Rule for Automatic Prevention of a Liquidity Trap, NBER Chapters, National Bureau of Economic Research, Inc (2006) Downloads View citations (7) (2006)

2004

  1. On the Relationship Between Determinate and MSV Solutions in Linear RE Models
    NBER Technical Working Papers, National Bureau of Economic Research, Inc Downloads View citations (19)
    Also in GSIA Working Papers, Carnegie Mellon University, Tepper School of Business Downloads

    See also Journal Article On the relationship between determinate and MSV solutions in linear RE models, Economics Letters, Elsevier (2004) Downloads View citations (22) (2004)
  2. Targeting vs. Instrument Rules for Monetary Policy
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (33)
    Also in Working Papers, Federal Reserve Bank of St. Louis (2004) Downloads View citations (12)

    See also Journal Article Targeting versus instrument rules for monetary policy, Review, Federal Reserve Bank of St. Louis (2005) Downloads View citations (53) (2005)

2003

  1. Is the Fiscal Theory of the Price Level Learnable?
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (31)
    Also in GSIA Working Papers, Carnegie Mellon University, Tepper School of Business Downloads

    See also Journal Article Is The Fiscal Theory of the Price Level Learnable?, Scottish Journal of Political Economy, Scottish Economic Society (2003) Downloads View citations (33) (2003)
  2. Monetary Policy in Economies with Little or No Money
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (7)
  3. Multiple-Solution Indeterminacies in Monetary Policy Analysis
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (79)
    Also in GSIA Working Papers, Carnegie Mellon University, Tepper School of Business Downloads

    See also Journal Article Multiple-solution indeterminacies in monetary policy analysis, Journal of Monetary Economics, Elsevier (2003) Downloads View citations (80) (2003)
  4. The Unique Minimum State Variable RE Solution is E-Stable in All Well Formulated Linear Models
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (15)
    Also in GSIA Working Papers, Carnegie Mellon University, Tepper School of Business (2002) View citations (2)

2002

  1. Consistent Expectations, Rational Expectations, Multiple-Solution Indeterminacies, and Least-Squares Learnability
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (6)
  2. The Non-Optimality of Proposed Monetary Policy Rules Under Timeless-Perspective Commitment
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (69)
    See also Journal Article The non-optimality of proposed monetary policy rules under timeless perspective commitment, Economics Letters, Elsevier (2002) Downloads View citations (72) (2002)

2001

  1. Inflation Targeting and the Liquidity Trap
    Working Papers Central Bank of Chile, Central Bank of Chile Downloads View citations (23)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2001) Downloads View citations (23)

    See also Journal Article Inflation targeting and the liquidity trap, Proceedings, Federal Reserve Bank of San Francisco (2001) Downloads View citations (21) (2001)
    Chapter Inflation Targeting and the Liquidity Trap, Central Banking, Analysis, and Economic Policies Book Series, Central Bank of Chile (2002) Downloads View citations (23) (2002)
  2. Monetary Policy Analysis in Models Without Money
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (157)
    See also Journal Article Monetary policy analysis in models without money, Review, Federal Reserve Bank of St. Louis (2001) Downloads View citations (122) (2001)
  3. Monetary Policy for an Open Economy: An Alternative Framework with Optimising Agents and Sticky Prices
    Discussion Papers, Monetary Policy Committee Unit, Bank of England Downloads View citations (21)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2001) Downloads View citations (67)
    NBER Working Papers, National Bureau of Economic Research, Inc (2001) Downloads View citations (68)

    See also Journal Article Monetary Policy for an Open Economy: An Alternative Framework with Optimizing Agents and Sticky Prices, Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited (2000) View citations (199) (2000)
  4. Should Monetary Policy Respond Strongly to Output Gaps?
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (180)
    See also Journal Article Should Monetary Policy Respond Strongly to Output Gaps?, American Economic Review, American Economic Association (2001) Downloads View citations (183) (2001)
  5. Timeless Perspective Vs Discretionary Monetary Policy in Forward-Looking Models
    CEPR Discussion Papers, C.E.P.R. Discussion Papers Downloads View citations (3)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2000) Downloads View citations (85)

    See also Journal Article Timeless perspective vs. discretionary monetary policy in forward-looking models, Review, Federal Reserve Bank of St. Louis (2004) Downloads View citations (135) (2004)

2000

  1. Alternative Monetary Policy Rules: A Comparison with Historical Settings for the United States, the United Kingdom, and Japan
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (105)
    See also Journal Article Alternative monetary policy rules: a comparison with historical settings for the United States, the United Kingdom, and Japan, Economic Quarterly, Federal Reserve Bank of Richmond (2000) Downloads View citations (56) (2000)
  2. An Optimizing IS-LM Framework with Endogenous Investment
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (70)
    See also Journal Article An optimizing IS-LM framework with endogenous investment, Journal of Macroeconomics, Elsevier (2006) Downloads View citations (25) (2006)
  3. Nominal Income Targeting in an Open-Economy Optimizing Model
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (51)
    Also in Seminar Papers, Stockholm University, Institute for International Economic Studies (1998) Downloads View citations (40)
    Working Papers, Stockholm - International Economic Studies (1998) View citations (25)

    See also Journal Article Nominal income targeting in an open-economy optimizing model, Journal of Monetary Economics, Elsevier (1999) Downloads View citations (421) (1999)
  4. Role of the Minimal State Variable Criterion
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (22)
  5. The Present and Future of Monetary Policy Rules
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (33)
    See also Journal Article The Present and Future of Monetary Policy Rules, International Finance, Wiley Blackwell (2000) Downloads View citations (30) (2000)
  6. Theoretical Analysis Regarding a Zero Lower Bound on Nominal Interest Rates
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (249)
    See also Journal Article Theoretical Analysis Regarding a Zero Lower Bound on Nominal Interest Rates, Journal of Money, Credit and Banking, Blackwell Publishing (2000) View citations (226) (2000)

1999

  1. Analysis of the Monetary Transmission Mechanism: Methodological Issues
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (60)
    See also Chapter Analysis of the Monetary Transmission Mechanism: Methodological Issues, Palgrave Macmillan Books, Palgrave Macmillan (2001) View citations (15) (2001)
  2. Recent Developments in Monetary Policy Analysis: The Roles of Theory and Evidence
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (28)
    Also in GSIA Working Papers, Carnegie Mellon University, Tepper School of Business View citations (5)

    See also Journal Article Recent developments in monetary policy analysis: the roles of theory and evidence, Economic Quarterly, Federal Reserve Bank of Richmond (2002) Downloads View citations (14) (2002)
  3. Theoretical Issues Pertaining to Monetary Unions
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (22)

1998

  1. Indeterminacy, Bubbles, and the Fiscal Theory of Price Level Determination
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (18)
    Also in GSIA Working Papers, Carnegie Mellon University, Tepper School of Business View citations (3)

    See also Journal Article Indeterminacy, bubbles, and the fiscal theory of price level determination, Journal of Monetary Economics, Elsevier (2001) Downloads View citations (85) (2001)
  2. Performance of Operational Policy Rules in an Estimated Semi-Classical Structural Model
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (150)
    Also in GSIA Working Papers, Carnegie Mellon University, Tepper School of Business

    See also Chapter Performance of Operational Policy Rules in an Estimated Semiclassical Structural Model, NBER Chapters, National Bureau of Economic Research, Inc (1999) Downloads View citations (223) (1999)
    Journal Article Performance of operational policy rules in an estimated semi-classical structural model, Proceedings, Federal Reserve Bank of San Francisco (1998) View citations (67) (1998)
  3. Solutions to Linear Rational Expectations Models: A Compact Exposition
    NBER Technical Working Papers, National Bureau of Economic Research, Inc Downloads View citations (86)
    See also Journal Article Solutions to linear rational expectations models: a compact exposition, Economics Letters, Elsevier (1998) Downloads View citations (86) (1998)

1997

  1. An Optimizing IS-LM Specification for Monetary Policy and Business Cycle Analysis
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (202)
    Also in GSIA Working Papers, Carnegie Mellon University, Tepper School of Business

    See also Journal Article An Optimizing IS-LM Specification for Monetary Policy and Business Cycle Analysis, Journal of Money, Credit and Banking, Blackwell Publishing (1999) View citations (408) (1999)
  2. Issues in the Design of Monetary Policy Rules
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (99)
    See also Chapter Issues in the design of monetary policy rules, Handbook of Macroeconomics, Elsevier (1999) Downloads View citations (339) (1999)
  3. Monetary Policy Rules for the Phillipines: An Introductory Study
    GSIA Working Papers, Carnegie Mellon University, Tepper School of Business
  4. The Alleged Instability of Nominal Income Targeting
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (41)
    Also in Reserve Bank of New Zealand Discussion Paper Series, Reserve Bank of New Zealand (1997) Downloads View citations (40)
    GSIA Working Papers, Carnegie Mellon University, Tepper School of Business View citations (1)

1996

  1. Base Money Rules in the UK
    Bank of England working papers, Bank of England Downloads View citations (6)
  2. Crucial Issues Concerning Central Bank Independence
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (10)
    See also Journal Article Crucial issues concerning central bank independence, Journal of Monetary Economics, Elsevier (1997) Downloads View citations (135) (1997)
  3. Inflation Targeting in Canada, New Zealand, Sweden, the United Kingdom, and in General
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (48)
    See also Chapter Inflation Targeting in Canada, New Zealand, Sweden, the United Kingdom, and in General, Palgrave Macmillan Books, Palgrave Macmillan (1997) View citations (7) (1997)
  4. Neoclassical vs. Endogenous Growth Analysis: An Overview
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (26)
    See also Journal Article Neoclassical vs. endogenous growth analysis: an overview, Economic Quarterly, Federal Reserve Bank of Richmond (1996) Downloads View citations (16) (1996)

1995

  1. Two Fallacies Concerning Central Bank Independence
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (240)
    See also Journal Article Two Fallacies Concerning Central-Bank Independence, American Economic Review, American Economic Association (1995) Downloads View citations (248) (1995)

1994

  1. A Monetary Impulse Measure for Medium-Term Policy Analysis
    IMF Working Papers, International Monetary Fund Downloads View citations (6)
  2. A Semi-Classical Model of Price Level Adjustment
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (23)
    See also Journal Article A semi-classical model of price-level adjustment, Carnegie-Rochester Conference Series on Public Policy, Elsevier (1994) Downloads View citations (26) (1994)
  3. Identification of inflation-unemployment tradeoffs in the 1970s
    Working Paper Series, Macroeconomic Issues, Federal Reserve Bank of Chicago
  4. Monetary Policy Rules and Financial Stability
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (18)
    See also Chapter Monetary Policy Rules and Financial Stability, Palgrave Macmillan Books, Palgrave Macmillan (1995) View citations (6) (1995)
  5. Monetary Policy and the Term Structure of Interest Rates
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (115)
    See also Journal Article Monetary policy and the term structure of interest rates, Economic Quarterly, Federal Reserve Bank of Richmond (2005) Downloads View citations (31) (2005)

1993

  1. Macroeconomics After Two Decades of Rational Expectations
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (3)
  2. Specification and Analysis of a Monetary Policy Rule for Japan
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (47)
    See also Journal Article Specification and Analysis of a Monetary Policy Rule for Japan, Monetary and Economic Studies, Institute for Monetary and Economic Studies, Bank of Japan (1993) Downloads View citations (48) (1993)
  3. Unit Roots in Macroeconomic Time Series: Some Critical Issues
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (32)
    See also Journal Article Unit roots in macroeconomic time series: some critical issues, Economic Quarterly, Federal Reserve Bank of Richmond (1993) Downloads View citations (25) (1993)

1992

  1. A Reconsideration of the Uncovered Interest Parity Relationship
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (139)
    See also Journal Article A reconsideration of the uncovered interest parity relationship, Journal of Monetary Economics, Elsevier (1994) Downloads View citations (279) (1994)
  2. Specification of Policy Rules and Performance Measures in Multicountry Simulation Studies
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (5)
    Also in IMF Working Papers, International Monetary Fund (1992) Downloads View citations (1)

    See also Journal Article Specification of policy rules and performance measures in multicountry simulation studies, Journal of International Money and Finance, Elsevier (1994) Downloads View citations (9) (1994)

1990

  1. Money and Prices in Colonial America: A New Test of Competing Theories
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (15)
    See also Journal Article Money and Prices in Colonial America: A New Test of Competing Theories, Journal of Political Economy, University of Chicago Press (1992) Downloads View citations (29) (1992)

1989

  1. Could A Monetary Base Rule Have Prevented the Great Depression?
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads
    See also Journal Article Could a monetary base rule have prevented the great depression?, Journal of Monetary Economics, Elsevier (1990) Downloads View citations (21) (1990)
  2. Targets, Indicators, and Instruments of Monetary Policy
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (21)

1988

  1. Real Business Cycle Models
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (48)
  2. The Role of Demand Management in the Maintenance of Full Employment
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (2)

1987

  1. Inflation: Theory and Evidence
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (6)
    See also Chapter Inflation: Theory and evidence, Handbook of Monetary Economics, Elsevier (1990) Downloads View citations (43) (1990)
  2. Money: Theoretical Analysis of the Demand for Money
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (28)
  3. The Development of Keynesian Macroeconomics
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (1)
    See also Journal Article The Development of Keynesian Macroeconomics, American Economic Review, American Economic Association (1987) Downloads View citations (1) (1987)

1986

  1. On "Real" and "Sticky-Price" Theories of the Business Cycle
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (35)
    See also Journal Article On "Real' and "Sticky-Price' Theories of the Business Cycle, Journal of Money, Credit and Banking, Blackwell Publishing (1986) Downloads View citations (41) (1986)
  2. The Optimal Inflation Rate in an Overlapping-Generations Economy with Land
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (8)
  3. Theoretical analysis of the demand for money
    Working Paper, Federal Reserve Bank of Richmond Downloads View citations (6)
    See also Journal Article Theoretical analysis of the demand of money, Economic Review, Federal Reserve Bank of Richmond (1988) Downloads View citations (12) (1988)

1985

  1. Bank Deregulation, Accounting Systems of Exchange, and the Unit of Account: A Critical Review
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (17)
    See also Journal Article Bank deregulation, accounting systems of exchange, and the unit of account: A critical review, Carnegie-Rochester Conference Series on Public Policy, Elsevier (1985) Downloads View citations (23) (1985)
  2. Monetary vs. Fiscal Policy Effects: A Review of the Debate
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (4)
  3. On Consequences and Criticisms of Monetary Targeting
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (41)
    See also Journal Article On Consequences and Criticisms of Monetary Targeting, Journal of Money, Credit and Banking, Blackwell Publishing (1985) Downloads View citations (40) (1985)

1984

  1. Credibility and Monetary Policy
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (13)
    See also Journal Article Credibility and monetary policy, Proceedings - Economic Policy Symposium - Jackson Hole, Federal Reserve Bank of Kansas City (1984) View citations (11) (1984)
  2. Monetarist Rules in the Light of Recent Experience
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (34)
    See also Journal Article Monetarist Rules in the Light of Recent Experience, American Economic Review, American Economic Association (1984) Downloads View citations (34) (1984)
  3. Some Issues Concerning Interest Rate Pegging, Price Level Determinacy, and the Real Bills Doctrine
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (31)
    See also Journal Article Some issues concerning interest rate pegging, price level determinacy, and the real bills doctrine, Journal of Monetary Economics, Elsevier (1986) Downloads View citations (74) (1986)

1983

  1. A Linearized Version of Lucas's Neutrality Model
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (2)
    See also Journal Article A Linearized Version of Lucas's Neutrality Model, Canadian Journal of Economics, Canadian Economics Association (1984) Downloads View citations (4) (1984)
  2. On Low-Frequency Estimates of "Long-Run" Relationships in Macro- economics
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads
    See also Journal Article On low-frequency estimates of long-run relationships in macroeconomics, Journal of Monetary Economics, Elsevier (1984) Downloads View citations (37) (1984)

1982

  1. Are Bond-Financed Deficits Inflationary? A Ricardian Analysis
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (51)
    See also Journal Article Are Bond-Financed Deficits Inflationary? A Ricardian Analysis, Journal of Political Economy, University of Chicago Press (1984) Downloads View citations (106) (1984)
  2. Macroeconomics After a Decade of Rational Expectations: Some Critical Issues
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (15)
    See also Journal Article Macroeconomics after a decade of rational expectations: some critical issues, Economic Review, Federal Reserve Bank of Richmond (1982) Downloads View citations (10) (1982)
  3. Money Stock Control with Reserve and Interest Rate Instruments Under Rational Expectations
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (2)
    Also in Working Papers, Federal Reserve Bank of Dallas (1982) Downloads
  4. The Liquidity Trap and the Pigou Effect: A Dynamic Analysis with Rational Expectations
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads
  5. The Role of Overlapping-Generations Models in Monetary Economics
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (9)
    See also Journal Article The role of overlapping-generations models in monetary economics, Carnegie-Rochester Conference Series on Public Policy, Elsevier (1983) Downloads View citations (50) (1983)

1981

  1. Monetarist Principles and the Money Stock Growth Rule
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (9)
    See also Journal Article Monetarist Principles and the Money Stock Growth Rule, American Economic Review, American Economic Association (1981) Downloads View citations (9) (1981)
  2. On Non-Uniqueness in Rational Expectations Models: An Attempt at Perspective
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (140)
    See also Journal Article On non-uniqueness in rational expectations models: An attempt at perspective, Journal of Monetary Economics, Elsevier (1983) Downloads View citations (331) (1983)

1980

  1. Price Level Determinacy with an Interest Rate Policy Rule and Rational Expectations
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads
    See also Journal Article Price level determinacy with an interest rate policy rule and rational expectations, Journal of Monetary Economics, Elsevier (1981) Downloads View citations (182) (1981)

Undated

  1. Role of the minimal state variable criterion in rational expectations models
    GSIA Working Papers, Carnegie Mellon University, Tepper School of Business Downloads View citations (1)
    See also Journal Article Role of the Minimal State Variable Criterion in Rational Expectations Models, International Tax and Public Finance, Springer (1999) Downloads View citations (90) (1999)
  2. Simultaneous Equation Econometrics: The Missing Example
    GSIA Working Papers, Carnegie Mellon University, Tepper School of Business Downloads
    See also Journal Article Simultaneous Equation Econometrics: The Missing Example, Economic Inquiry, Western Economic Association International (2006) Downloads View citations (12) (2006)

Journal Articles

2015

  1. Nominal GDP targeting: Policy rule or discretionary splurge?
    Journal of Financial Stability, 2015, 17, (C), 76-80 Downloads View citations (13)
  2. Refining linear rational expectations models and equilibria
    Journal of Macroeconomics, 2015, 46, (C), 160-169 Downloads View citations (3)
    See also Working Paper Refining Linear Rational Expectations Models and Equilibria, NBER Working Papers (2012) Downloads View citations (3) (2012)
  3. The Bitcoin Revolution
    Cato Journal, 2015, 35, (2), 347-356 Downloads View citations (8)

2014

  1. Monetary Policy in a Very Open Economy: Some Major Analytical Issues
    Pacific Economic Review, 2014, 19, (1), 27-60 Downloads View citations (2)

2013

  1. El rol del dinero en modelos neokeynesianos
    Revista Estudios Económicos, 2013, (25), 29-38 Downloads

2011

  1. CAUSALITY, STRUCTURE AND THE UNIQUENESS OF RATIONAL EXPECTATIONS EQUILIBRIA
    Manchester School, 2011, 79, (s1), 551-566 Downloads
    See also Working Paper Causality, Structure, and the Uniqueness of Rational Expectations Equilibria, NBER Working Papers (2009) Downloads View citations (6) (2009)
  2. Should central banks raise their inflation targets? Some relevant issues
    Economic Quarterly, 2011, 97, (2Q), 111-131 Downloads View citations (4)
    See also Working Paper Should Central Banks Raise their Inflation Targets? Some Relevant Issues, NBER Working Papers (2011) Downloads View citations (10) (2011)

2010

  1. Alternatives to the Fed?
    Cato Journal, 2010, 30, (3), 439-449 Downloads View citations (4)
  2. Indeterminacy, Causality, and the Foundations of Monetary Policy Analysis
    Swiss Journal of Economics and Statistics (SJES), 2010, 146, (I), 107-120 Downloads View citations (4)
  3. Is the spurious regression problem spurious?
    Economics Letters, 2010, 107, (3), 321-323 Downloads View citations (15)
    See also Working Paper Is the Spurious Regression Problem Spurious?, NBER Working Papers (2010) Downloads View citations (16) (2010)
  4. Keynote Speech: The Future of Central Banking: A Lesson from United States History
    Monetary and Economic Studies, 2010, 28, 27-34 Downloads
  5. Optimal Continuation versus the Timeless Perspective in Monetary Policy
    Journal of Money, Credit and Banking, 2010, 42, (6), 1093-1107 View citations (27)
    Also in Journal of Money, Credit and Banking, 2010, 42, (6), 1093-1107 (2010) Downloads View citations (4)

2009

  1. 2009 International Conference "Financial System and Monetary Policy Implementation," Keynote Speech, The Role of "Determinacy" in Monetary Policy Analysis
    Monetary and Economic Studies, 2009, 27, (1), 25-34 Downloads View citations (2)
  2. Another weakness of "determinacy" as a selection criterion for rational expectations models
    Economics Letters, 2009, 104, (1), 17-19 Downloads View citations (8)
  3. Indeterminancy from inflation forecast targeting: problem or pseudo-problem?
    Economic Quarterly, 2009, 95, (Win), 25-51 Downloads View citations (1)
  4. Inflation determination with Taylor rules: Is new-Keynesian analysis critically flawed?
    Journal of Monetary Economics, 2009, 56, (8), 1101-1108 Downloads View citations (35)
    See also Working Paper Inflation Determination with Taylor Rules: Is New Keynesian Analysis Critically Flawed?, NBER Working Papers (2008) Downloads View citations (8) (2008)
  5. Rejoinder to Cochrane
    Journal of Monetary Economics, 2009, 56, (8), 1114-1115 Downloads View citations (11)

2008

  1. How Important Is Money in the Conduct of Monetary Policy? A Comment
    Journal of Money, Credit and Banking, 2008, 40, (8), 1783-1790 Downloads View citations (4)
    Also in Journal of Money, Credit and Banking, 2008, 40, (8), 1783-1790 (2008) View citations (26)
  2. Introductory Remarks
    Monetary and Economic Studies, 2008, 26, 31-36 Downloads
  3. Reconsideration of the P-bar model of gradual price adjustment
    European Economic Review, 2008, 52, (8), 1480-1493 Downloads View citations (4)
    See also Working Paper Reconsideration of the P-Bar Model of Gradual Price Adjustment, NBER Working Papers (2008) Downloads View citations (4) (2008)

2007

  1. Banking and interest rates in monetary policy analysis: A quantitative exploration
    Journal of Monetary Economics, 2007, 54, (5), 1480-1507 Downloads View citations (299)
    Also in Proceedings, 2007 (2007) Downloads View citations (279)

    See also Working Paper Banking and Interest Rates in Monetary Policy Analysis: A Quantitative Exploration, NBER Working Papers (2007) Downloads View citations (335) (2007)
  2. E-stability vis-a-vis determinacy results for a broad class of linear rational expectations models
    Journal of Economic Dynamics and Control, 2007, 31, (4), 1376-1391 Downloads View citations (86)
    See also Working Paper E-Stability vis-a-vis Determinacy Results for a Broad Class of Linear Rational Expectations Models, NBER Working Papers (2006) Downloads View citations (5) (2006)
  3. Inflation Targeting for the United States?
    Cato Journal, 2007, 27, (2), 261-271 Downloads View citations (4)
  4. Monetary Policy in East Asia: The Case of Singapore
    Monetary and Economic Studies, 2007, 25, (S1), 13-28 Downloads View citations (14)
    See also Working Paper Monetary Policy in East Asia: the Case of Singapore, IMES Discussion Paper Series (2007) Downloads View citations (14) (2007)
  5. The Fourteenth International Conference "Growth, Integration and Monetary Policy in East Asia," Concluding Panel Discussion: Growth, Integration, and Monetary Policy in East Asia
    Monetary and Economic Studies, 2007, 25, (S1), 233-260 Downloads

2006

  1. An optimizing IS-LM framework with endogenous investment
    Journal of Macroeconomics, 2006, 28, (4), 621-644 Downloads View citations (25)
    See also Working Paper An Optimizing IS-LM Framework with Endogenous Investment, NBER Working Papers (2000) Downloads View citations (70) (2000)
  2. Misconceptions Regarding the Zero Lower Bound on Interest Rates
    Monetary and Economic Studies, 2006, 24, (S1), 13-26 Downloads View citations (2)
  3. Simultaneous Equation Econometrics: The Missing Example
    Economic Inquiry, 2006, 44, (2), 374-384 Downloads View citations (12)
    See also Working Paper Simultaneous Equation Econometrics: The Missing Example, GSIA Working Papers Downloads
  4. The Thirteenth International Conference "Financial Markets and the Real Economy in a Low Interest Rate Environment," Concluding Panel Discussion: Financial Markets and the Real Economy in a Low Interest Rate Environment
    Monetary and Economic Studies, 2006, 24, (S1), 235-272 Downloads

2005

  1. Commentary on \\"targeting versus instrument rules for monetary policy: what is wrong with McCallum and Nelson?\\"
    Review, 2005, 87, (Sep), 627-632 Downloads View citations (2)
  2. Monetary and Fiscal Theories of the Price Level: The Irreconcilable Differences
    Oxford Review of Economic Policy, 2005, 21, (4), 565-583 View citations (31)
    See also Working Paper Monetary and Fiscal Theories of the Price Level: The Irreconcilable Differences, NBER Working Papers (2006) Downloads View citations (13) (2006)
  3. Monetary policy and the term structure of interest rates
    Economic Quarterly, 2005, 91, (Fall), 1-21 Downloads View citations (31)
    See also Working Paper Monetary Policy and the Term Structure of Interest Rates, NBER Working Papers (1994) Downloads View citations (115) (1994)
  4. Panel discussion I: what have we learned since October 1979?
    Review, 2005, 87, (Mar), 277-292 Downloads View citations (5)
  5. Targeting versus instrument rules for monetary policy
    Review, 2005, 87, (Sep), 597-612 Downloads View citations (53)
    Also in Proceedings, 2005, 225-245 (2005) Downloads View citations (36)

    See also Working Paper Targeting vs. Instrument Rules for Monetary Policy, NBER Working Papers (2004) Downloads View citations (33) (2004)
  6. The Twelfth International Conference "Incentive Mechanisms for Economic Policymakers," Concluding Panel Discussion: Macroeconomic Policy and Central Banking
    Monetary and Economic Studies, 2005, 23, (S1), 233-260 Downloads
  7. What Is the Proper Perspective for Monetary Policy Optimality?
    Monetary and Economic Studies, 2005, 23, (S1), 13-24 Downloads View citations (10)

2004

  1. "Challenges for Sustained Economic Growth under Changing Economic, Social, and International Environments," Concluding Panel Discussion: Sustained Economic Growth and Central Banking
    Monetary and Economic Studies, 2004, 22, (S1), 217-248 Downloads
  2. Long-Run Monetary Neutrality and Contemporary Policy Analysis: Keynote Speech
    Monetary and Economic Studies, 2004, 22, (S1), 15-28 Downloads View citations (4)
  3. Misconceptions Regarding Rules vs. Discretion for Monetary Policy
    Cato Journal, 2004, 23, (3), 365-372 Downloads View citations (9)
  4. On the relationship between determinate and MSV solutions in linear RE models
    Economics Letters, 2004, 84, (1), 55-60 Downloads View citations (22)
    See also Working Paper On the Relationship Between Determinate and MSV Solutions in Linear RE Models, NBER Technical Working Papers (2004) Downloads View citations (19) (2004)
  5. Timeless perspective vs. discretionary monetary policy in forward-looking models
    Review, 2004, 86, (Mar), 43-56 Downloads View citations (135)
    See also Working Paper Timeless Perspective Vs Discretionary Monetary Policy in Forward-Looking Models, CEPR Discussion Papers (2001) Downloads View citations (3) (2001)

2003

  1. Is The Fiscal Theory of the Price Level Learnable?
    Scottish Journal of Political Economy, 2003, 50, (5), 634-649 Downloads View citations (33)
    See also Working Paper Is the Fiscal Theory of the Price Level Learnable?, NBER Working Papers (2003) Downloads View citations (31) (2003)
  2. Japanese monetary policy, 1991-2001
    Economic Quarterly, 2003, 89, (Win), 1-31 Downloads View citations (11)
  3. Multiple-solution indeterminacies in monetary policy analysis
    Journal of Monetary Economics, 2003, 50, (5), 1153-1175 Downloads View citations (80)
    See also Working Paper Multiple-Solution Indeterminacies in Monetary Policy Analysis, NBER Working Papers (2003) Downloads View citations (79) (2003)

2002

  1. Recent developments in monetary policy analysis: the roles of theory and evidence
    Economic Quarterly, 2002, (Win), 67-96 Downloads View citations (14)
    Also in Journal of Economic Methodology, 1999, 6, (2), 171-198 (1999) Downloads View citations (24)

    See also Working Paper Recent Developments in Monetary Policy Analysis: The Roles of Theory and Evidence, NBER Working Papers (1999) Downloads View citations (28) (1999)
  2. The non-optimality of proposed monetary policy rules under timeless perspective commitment
    Economics Letters, 2002, 77, (2), 163-168 Downloads View citations (72)
    See also Working Paper The Non-Optimality of Proposed Monetary Policy Rules Under Timeless-Perspective Commitment, NBER Working Papers (2002) Downloads View citations (69) (2002)

2001

  1. Indeterminacy, bubbles, and the fiscal theory of price level determination
    Journal of Monetary Economics, 2001, 47, (1), 19-30 Downloads View citations (85)
    See also Working Paper Indeterminacy, Bubbles, and the Fiscal Theory of Price Level Determination, NBER Working Papers (1998) Downloads View citations (18) (1998)
  2. Inflation targeting and the liquidity trap
    Proceedings, 2001, (Mar) Downloads View citations (21)
    See also Working Paper Inflation Targeting and the Liquidity Trap, Working Papers Central Bank of Chile (2001) Downloads View citations (23) (2001)
    Chapter Inflation Targeting and the Liquidity Trap, Central Banking, Analysis, and Economic Policies Book Series, 2002, 5, 395-438 (2002) Downloads View citations (23) (2002)
  3. Monetary policy analysis in models without money
    Review, 2001, 83, (Jul), 145-164 Downloads View citations (122)
    See also Working Paper Monetary Policy Analysis in Models Without Money, NBER Working Papers (2001) Downloads View citations (157) (2001)
  4. Should Monetary Policy Respond Strongly to Output Gaps?
    American Economic Review, 2001, 91, (2), 258-262 Downloads View citations (183)
    See also Working Paper Should Monetary Policy Respond Strongly to Output Gaps?, NBER Working Papers (2001) Downloads View citations (180) (2001)

2000

  1. Alternative monetary policy rules: a comparison with historical settings for the United States, the United Kingdom, and Japan
    Economic Quarterly, 2000, (Win), 49-79 Downloads View citations (56)
    See also Working Paper Alternative Monetary Policy Rules: A Comparison with Historical Settings for the United States, the United Kingdom, and Japan, NBER Working Papers (2000) Downloads View citations (105) (2000)
  2. Monetary Policy for an Open Economy: An Alternative Framework with Optimizing Agents and Sticky Prices
    Oxford Review of Economic Policy, 2000, 16, (4), 74-91 View citations (199)
    See also Working Paper Monetary Policy for an Open Economy: An Alternative Framework with Optimising Agents and Sticky Prices, Discussion Papers (2001) Downloads View citations (21) (2001)
  3. On signal extraction and non-certainty-equivalence in optimal monetary policy rules, comments
    Proceedings, 2000 Downloads View citations (1)
  4. The Present and Future of Monetary Policy Rules
    International Finance, 2000, 3, (2), 273-286 Downloads View citations (30)
    See also Working Paper The Present and Future of Monetary Policy Rules, NBER Working Papers (2000) Downloads View citations (33) (2000)
  5. Theoretical Analysis Regarding a Zero Lower Bound on Nominal Interest Rates
    Journal of Money, Credit and Banking, 2000, 32, (4), 870-904 View citations (226)
    Also in Conference Series ; [Proceedings], 2000, 870-935 (2000) View citations (202)

    See also Working Paper Theoretical Analysis Regarding a Zero Lower Bound on Nominal Interest Rates, NBER Working Papers (2000) Downloads View citations (249) (2000)

1999

  1. AN INTERVIEW WITH ROBERT E. LUCAS, JR
    Macroeconomic Dynamics, 1999, 3, (2), 278-291 Downloads View citations (7)
  2. An Optimizing IS-LM Specification for Monetary Policy and Business Cycle Analysis
    Journal of Money, Credit and Banking, 1999, 31, (3), 296-316 View citations (408)
    See also Working Paper An Optimizing IS-LM Specification for Monetary Policy and Business Cycle Analysis, NBER Working Papers (1997) Downloads View citations (202) (1997)
  3. Introduction to the series
    Carnegie-Rochester Conference Series on Public Policy, 1999, 50, (1), v-v Downloads
    Also in Carnegie-Rochester Conference Series on Public Policy, 1999, 51, (1), v-v (1999) Downloads
    Carnegie-Rochester Conference Series on Public Policy, 1998, 48, (1), v-v (1998) Downloads
    Carnegie-Rochester Conference Series on Public Policy, 1997, 46, (1), v-v (1997) Downloads
    Carnegie-Rochester Conference Series on Public Policy, 1998, 49, (1), vii-vii (1998) Downloads
    Carnegie-Rochester Conference Series on Public Policy, 1997, 47, (1), v-v (1997) Downloads
  4. Nominal income targeting in an open-economy optimizing model
    Journal of Monetary Economics, 1999, 43, (3), 553-578 Downloads View citations (421)
    See also Working Paper Nominal Income Targeting in an Open-Economy Optimizing Model, NBER Working Papers (2000) Downloads View citations (51) (2000)
  5. Recent developments in the analysis of monetary policy rules
    Review, 1999, 81, (Nov), 3-12 Downloads View citations (62)
  6. Role of the Minimal State Variable Criterion in Rational Expectations Models
    International Tax and Public Finance, 1999, 6, (4), 621-639 Downloads View citations (90)
    See also Working Paper Role of the minimal state variable criterion in rational expectations models, GSIA Working Papers Downloads View citations (1)

1998

  1. AN INTERVIEW WITH ALLAN MELTZER
    Macroeconomic Dynamics, 1998, 2, (2), 238-283 Downloads
  2. Performance of operational policy rules in an estimated semi-classical structural model
    Proceedings, 1998, (Mar) View citations (67)
    See also Working Paper Performance of Operational Policy Rules in an Estimated Semi-Classical Structural Model, NBER Working Papers (1998) Downloads View citations (150) (1998)
    Chapter Performance of Operational Policy Rules in an Estimated Semiclassical Structural Model, NBER Chapters, 1999, 15-56 (1999) Downloads View citations (223) (1999)
  3. Solutions to linear rational expectations models: a compact exposition
    Economics Letters, 1998, 61, (2), 143-147 Downloads View citations (86)
    See also Working Paper Solutions to Linear Rational Expectations Models: A Compact Exposition, NBER Technical Working Papers (1998) Downloads View citations (86) (1998)
  4. Stickiness: A comment
    Carnegie-Rochester Conference Series on Public Policy, 1998, 49, (1), 357-363 Downloads View citations (10)

1997

  1. Crucial issues concerning central bank independence
    Journal of Monetary Economics, 1997, 39, (1), 99-112 Downloads View citations (135)
    See also Working Paper Crucial Issues Concerning Central Bank Independence, NBER Working Papers (1996) Downloads View citations (10) (1996)

1996

  1. Base Money Rules in the United Kingdom
    The Manchester School of Economic & Social Studies, 1996, 64, 1-27 View citations (2)
  2. How should central banks reduce inflation? conceptual issues (commentary)
    Proceedings - Economic Policy Symposium - Jackson Hole, 1996, 105-114 Downloads
  3. Neoclassical vs. endogenous growth analysis: an overview
    Economic Quarterly, 1996, (Fall), 41-71 Downloads View citations (16)
    See also Working Paper Neoclassical vs. Endogenous Growth Analysis: An Overview, NBER Working Papers (1996) Downloads View citations (26) (1996)
  4. The sensitivity of empirical studies to alternative measures of the monetary base and reserves - commentary
    Review, 1996, (Nov), 73-75 Downloads

1995

  1. Two Fallacies Concerning Central-Bank Independence
    American Economic Review, 1995, 85, (2), 207-11 Downloads View citations (248)
    See also Working Paper Two Fallacies Concerning Central Bank Independence, NBER Working Papers (1995) Downloads View citations (240) (1995)

1994

  1. A reconsideration of the uncovered interest parity relationship
    Journal of Monetary Economics, 1994, 33, (1), 105-132 Downloads View citations (279)
    See also Working Paper A Reconsideration of the Uncovered Interest Parity Relationship, NBER Working Papers (1992) Downloads View citations (139) (1992)
  2. A semi-classical model of price-level adjustment
    Carnegie-Rochester Conference Series on Public Policy, 1994, 41, (1), 251-284 Downloads View citations (26)
    See also Working Paper A Semi-Classical Model of Price Level Adjustment, NBER Working Papers (1994) Downloads View citations (23) (1994)
  3. How can monetary policy be improved?
    Conference Series ; [Proceedings], 1994, 38, 245-249 Downloads
  4. Identification of inflation-unemployment tradeoffs in the 1970s a comment
    Carnegie-Rochester Conference Series on Public Policy, 1994, 41, (1), 231-241 Downloads View citations (5)
  5. Monetary policy without monetary aggregates (conference panel discussion)
    Review, 1994, (Mar), 216-218 Downloads View citations (1)
    Also in Proceedings, 1994, (Mar), 216-218 (1994) Downloads View citations (2)
  6. Specification of policy rules and performance measures in multicountry simulation studies
    Journal of International Money and Finance, 1994, 13, (3), 259-275 Downloads View citations (9)
    See also Working Paper Specification of Policy Rules and Performance Measures in Multicountry Simulation Studies, NBER Working Papers (1992) Downloads View citations (5) (1992)

1993

  1. "Specification and Analysis of a Monetary Policy Rule for Japan" Reply to Comments by Kunio Okina
    Monetary and Economic Studies, 1993, 11, (2), 55-57 Downloads View citations (17)
  2. Comments on paper by Hess, Small, and Brayton
    Proceedings, 1993 Downloads
  3. Discretion versus policy rules in practice: two critical points: A comment
    Carnegie-Rochester Conference Series on Public Policy, 1993, 39, (1), 215-220 Downloads View citations (33)
  4. Specification and Analysis of a Monetary Policy Rule for Japan
    Monetary and Economic Studies, 1993, 11, (2), 1-45 Downloads View citations (48)
    See also Working Paper Specification and Analysis of a Monetary Policy Rule for Japan, NBER Working Papers (1993) Downloads View citations (47) (1993)
  5. Unit roots in macroeconomic time series: some critical issues
    Economic Quarterly, 1993, (Spr), 13-44 Downloads View citations (25)
    See also Working Paper Unit Roots in Macroeconomic Time Series: Some Critical Issues, NBER Working Papers (1993) Downloads View citations (32) (1993)

1992

  1. Money and Prices in Colonial America: A New Test of Competing Theories
    Journal of Political Economy, 1992, 100, (1), 143-61 Downloads View citations (29)
    See also Working Paper Money and Prices in Colonial America: A New Test of Competing Theories, NBER Working Papers (1990) Downloads View citations (15) (1990)

1991

  1. Seasonality and monetary policy: A comment
    Carnegie-Rochester Conference Series on Public Policy, 1991, 34, (1), 71-75 Downloads View citations (1)

1990

  1. Comments on "Empirical predictions of the new monetary economics: Perspectives on velocity"
    Journal of Policy Modeling, 1990, 12, (2), 281-287 Downloads
  2. Could a monetary base rule have prevented the great depression?
    Journal of Monetary Economics, 1990, 26, (1), 3-26 Downloads View citations (21)
    See also Working Paper Could A Monetary Base Rule Have Prevented the Great Depression?, NBER Working Papers (1989) Downloads (1989)

1989

  1. Reply to a Comment by Hans-E. Loef
    Review of World Economics (Weltwirtschaftliches Archiv), 1989, 125, (1), 179-182 Downloads

1988

  1. Postwar Developments in Business Cycle Theory: A Moderately Classical Perspective
    Journal of Money, Credit and Banking, 1988, 20, (3), 459-71 Downloads View citations (4)
    Also in Proceedings, 1988, 459-478 (1988) View citations (4)
  2. Reply to comments by Benjamin Friedman
    Carnegie-Rochester Conference Series on Public Policy, 1988, 29, (1), 213-214 Downloads View citations (1)
  3. Robustness properties of a rule for monetary policy
    Carnegie-Rochester Conference Series on Public Policy, 1988, 29, (1), 173-203 Downloads View citations (466)
  4. Theoretical analysis of the demand of money
    Economic Review, 1988, 74, (Jan), 16-24 Downloads View citations (12)
    See also Working Paper Theoretical analysis of the demand for money, Working Paper (1986) Downloads View citations (6) (1986)

1987

  1. The Development of Keynesian Macroeconomics
    American Economic Review, 1987, 77, (2), 125-29 Downloads View citations (1)
    See also Working Paper The Development of Keynesian Macroeconomics, NBER Working Papers (1987) Downloads View citations (1) (1987)
  2. The case for rules in the conduct of monetary policy: a concrete example
    Economic Review, 1987, 73, (Sep), 10-18 Downloads View citations (75)

1986

  1. Estimating the long-run relationship between interest rates and inflation: A reply
    Journal of Monetary Economics, 1986, 18, (1), 87-90 Downloads View citations (3)
  2. On "Real' and "Sticky-Price' Theories of the Business Cycle
    Journal of Money, Credit and Banking, 1986, 18, (4), 397-414 Downloads View citations (41)
    See also Working Paper On "Real" and "Sticky-Price" Theories of the Business Cycle, NBER Working Papers (1986) Downloads View citations (35) (1986)
  3. Some issues concerning interest rate pegging, price level determinacy, and the real bills doctrine
    Journal of Monetary Economics, 1986, 17, (1), 135-160 Downloads View citations (74)
    See also Working Paper Some Issues Concerning Interest Rate Pegging, Price Level Determinacy, and the Real Bills Doctrine, NBER Working Papers (1984) Downloads View citations (31) (1984)

1985

  1. Bank deregulation, accounting systems of exchange, and the unit of account: A critical review
    Carnegie-Rochester Conference Series on Public Policy, 1985, 23, (1), 13-45 Downloads View citations (23)
    See also Working Paper Bank Deregulation, Accounting Systems of Exchange, and the Unit of Account: A Critical Review, NBER Working Papers (1985) Downloads View citations (17) (1985)
  2. On Consequences and Criticisms of Monetary Targeting
    Journal of Money, Credit and Banking, 1985, 17, (4), 570-97 Downloads View citations (40)
    See also Working Paper On Consequences and Criticisms of Monetary Targeting, NBER Working Papers (1985) Downloads View citations (41) (1985)

1984

  1. A Linearized Version of Lucas's Neutrality Model
    Canadian Journal of Economics, 1984, 17, (1), 138-45 Downloads View citations (4)
    See also Working Paper A Linearized Version of Lucas's Neutrality Model, NBER Working Papers (1983) Downloads View citations (2) (1983)
  2. Are Bond-Financed Deficits Inflationary? A Ricardian Analysis
    Journal of Political Economy, 1984, 92, (1), 123-35 Downloads View citations (106)
    See also Working Paper Are Bond-Financed Deficits Inflationary? A Ricardian Analysis, NBER Working Papers (1982) Downloads View citations (51) (1982)
  3. Credibility and monetary policy
    Proceedings - Economic Policy Symposium - Jackson Hole, 1984, 105-135 View citations (11)
    See also Working Paper Credibility and Monetary Policy, NBER Working Papers (1984) Downloads View citations (13) (1984)
  4. Macroeconomics and finance: The role of the stock market: A comment on the Fischer/Merton paper
    Carnegie-Rochester Conference Series on Public Policy, 1984, 21, (1), 109-116 Downloads
  5. Monetarist Rules in the Light of Recent Experience
    American Economic Review, 1984, 74, (2), 388-91 Downloads View citations (34)
    See also Working Paper Monetarist Rules in the Light of Recent Experience, NBER Working Papers (1984) Downloads View citations (34) (1984)
  6. On low-frequency estimates of long-run relationships in macroeconomics
    Journal of Monetary Economics, 1984, 14, (1), 3-14 Downloads View citations (37)
    See also Working Paper On Low-Frequency Estimates of "Long-Run" Relationships in Macro- economics, NBER Working Papers (1983) Downloads (1983)

1983

  1. A reconsideration of Sims' evidence concerning monetarism
    Economics Letters, 1983, 13, (2-3), 167-171 Downloads View citations (37)
  2. Instrument Choice for Money Stock Control with Contemporaneous and Lagged Reserve Requirements: A Note
    Journal of Money, Credit and Banking, 1983, 15, (1), 96-101 Downloads View citations (18)
  3. On non-uniqueness in rational expectations models: An attempt at perspective
    Journal of Monetary Economics, 1983, 11, (2), 139-168 Downloads View citations (331)
    See also Working Paper On Non-Uniqueness in Rational Expectations Models: An Attempt at Perspective, NBER Working Papers (1981) Downloads View citations (140) (1981)
  4. Reply to Bryant and Wallace
    Carnegie-Rochester Conference Series on Public Policy, 1983, 18, (1), 57-58 Downloads
  5. The role of overlapping-generations models in monetary economics
    Carnegie-Rochester Conference Series on Public Policy, 1983, 18, (1), 9-44 Downloads View citations (50)
    See also Working Paper The Role of Overlapping-Generations Models in Monetary Economics, NBER Working Papers (1982) Downloads View citations (9) (1982)
  6. `A model of commodity money' by Thomas J. Sargent and Neil Wallace
    Journal of Monetary Economics, 1983, 12, (1), 189-196 Downloads

1982

  1. Macroeconomics after a decade of rational expectations: some critical issues
    Economic Review, 1982, 68, (Nov), 3-12 Downloads View citations (10)
    See also Working Paper Macroeconomics After a Decade of Rational Expectations: Some Critical Issues, NBER Working Papers (1982) Downloads View citations (15) (1982)

1981

  1. Monetarist Principles and the Money Stock Growth Rule
    American Economic Review, 1981, 71, (2), 134-38 Downloads View citations (9)
    See also Working Paper Monetarist Principles and the Money Stock Growth Rule, NBER Working Papers (1981) Downloads View citations (9) (1981)
  2. Price level determinacy with an interest rate policy rule and rational expectations
    Journal of Monetary Economics, 1981, 8, (3), 319-329 Downloads View citations (182)
    See also Working Paper Price Level Determinacy with an Interest Rate Policy Rule and Rational Expectations, NBER Working Papers (1980) Downloads (1980)
  3. Sluggish Price Adjustments and the Effectiveness of Monetary Policy under Rational Expectations: A Reply
    Journal of Money, Credit and Banking, 1981, 13, (1), 103-04 Downloads

1980

  1. A comment on the Sargent paper
    Carnegie-Rochester Conference Series on Public Policy, 1980, 12, (1), 155-159 Downloads
  2. Rational Expectations and Macroeconomic Stabilization Policy: An Overview
    Journal of Money, Credit and Banking, 1980, 12, (4), 716-46 Downloads View citations (56)
  3. The Significance of Rational Expectations Theory
    Challenge, 1980, 22, (6), 37-43 Downloads View citations (1)

1979

  1. A monetary policy ineffectiveness result in a model with a predetermined price level
    Economics Letters, 1979, 3, (1), 1-4 Downloads View citations (8)
  2. Monetarism, Rational Expectations, Oligopolistic Pricing, and the MPS Econometric Model
    Journal of Political Economy, 1979, 87, (1), 57-73 Downloads
  3. On the Observational Inequivalence of Classical and Keynesian Models
    Journal of Political Economy, 1979, 87, (2), 395-402 Downloads View citations (11)
  4. Testing for the Role of Speculation in the Forward Exchange Market: A Reply
    The Review of Economics and Statistics, 1979, 61, (4), 611-12 Downloads View citations (1)
  5. The Current State of the Policy-Ineffectiveness Debate
    American Economic Review, 1979, 69, (2), 240-45 View citations (9)
  6. The effectiveness of fiscal feedback rules and automatic stabilizers under rational expectations
    Journal of Monetary Economics, 1979, 5, (2), 171-186 Downloads View citations (33)

1978

  1. Dating, discounting, and the robustness of the Lucas-Sargent proposition
    Journal of Monetary Economics, 1978, 4, (1), 121-129 Downloads View citations (2)
  2. Inflation and output fluctuations: A comment on the Dutton and Neumann papers
    Carnegie-Rochester Conference Series on Public Policy, 1978, 8, (1), 277-287 Downloads
  3. Monetarism: Jerome L. Stein, ed., (North-Holland Publishing Company, Amsterdam, 1976) pp. ix+342, $38.00
    Journal of Monetary Economics, 1978, 4, (2), 321-324 Downloads
  4. On macroeconomic instability from a monetarist policy rule
    Economics Letters, 1978, 1, (2), 121-124 Downloads View citations (2)
  5. Price Level Adjustments and the Rational Expectations Approach to Macroeconomic Stabilization Policy
    Journal of Money, Credit and Banking, 1978, 10, (4), 418-36 Downloads View citations (9)

1977

  1. Price-Level Stickiness and the Feasibility of Monetary Stabilization Policy with Rational Expectations
    Journal of Political Economy, 1977, 85, (3), 627-34 Downloads View citations (18)
  2. The Role of Speculation in the Canadian Forward Exchange Market: Some Estimates Assuming Rational Expectations
    The Review of Economics and Statistics, 1977, 59, (2), 145-51 Downloads View citations (7)

1976

  1. A Note on Empirical Tests and Alternative Versions of the Natural Rate Hypothesis
    The Manchester School of Economic & Social Studies, 1976, 44, (1), 42-51 View citations (1)
  2. On Estimation Assuming Non-Existent Autocorrelation
    Australian Economic Papers, 1976, 15, (26), 119-27
  3. Rational Expectations and the Estimation of Econometric Models: AnAlternative Procedure
    International Economic Review, 1976, 17, (2), 484-90 Downloads View citations (42)
  4. Rational Expectations and the Natural Rate Hypothesis: Some Consistent Estimates
    Econometrica, 1976, 44, (1), 43-52 Downloads View citations (165)

1975

  1. Rational Expectations and the Natural Rate Hypothesis: Some Evidence for the United Kingdom
    The Manchester School of Economic & Social Studies, 1975, 43, (1), 56-67 View citations (1)

1974

  1. Competitive Price Adjustments: An Empirical Study
    American Economic Review, 1974, 64, (1), 56-65 Downloads View citations (1)
  2. The relative impact of monetary and fiscal policy instruments: Some structure-based estimates
    Journal of Econometrics, 1974, 2, (3), 283-299 Downloads View citations (1)

1973

  1. A Note Concerning Asymptotic Covariance Expressions
    Econometrica, 1973, 41, (3), 581-83 Downloads
  2. Friedman's Missing Equation: Another Approach
    The Manchester School of Economic & Social Studies, 1973, 41, (3), 311-28 View citations (4)

1972

  1. Inventory Holdings, Rational Expectations, and the Law of Supply and Demand
    Journal of Political Economy, 1972, 80, (2), 386-93 Downloads View citations (1)
  2. Relative Asymptotic Bias from Errors of Omission and Measurement
    Econometrica, 1972, 40, (4), 757-58 Downloads View citations (49)

1970

  1. Artificial Orthogonalization in Regression Analysis
    The Review of Economics and Statistics, 1970, 52, (1), 110-13 Downloads View citations (8)
  2. The Effect of Demand on Prices in British Manufacturing: Another View
    The Review of Economic Studies, 1970, 37, (1), 147-156 Downloads View citations (3)

1969

  1. The Instability of Kaldorian Models
    Oxford Economic Papers, 1969, 21, (1), 56-65 Downloads

Books

1996

  1. International Monetary Economics
    OUP Catalogue, Oxford University Press View citations (25)

Chapters

2013

  1. Comment on "Falling Behind the Curve: A Positive Analysis of Stop-Start Monetary Policies and the Great Inflation"
    A chapter in The Great Inflation: The Rebirth of Modern Central Banking, 2013, pp 244-250 Downloads

2010

  1. Money and Inflation: Some Critical Issues
    Chapter 03 in Handbook of Monetary Economics, 2010, vol. 3, pp 97-153 Downloads View citations (39)
    See also Working Paper Money and inflation: some critical issues, Board of Governors of the Federal Reserve System (U.S.) (2010) Downloads View citations (14) (2010)

2009

  1. Comment on "On the Need for a New Approach to Analyzing Monetary Policy"
    A chapter in NBER Macroeconomics Annual 2008, Volume 23, 2009, pp 449-458 Downloads
  2. Determinacy, Learnability, and Plausibility in Monetary Policy Analysis: Additional Results
    Chapter 7 in Monetary Policy under Uncertainty and Learning, 2009, vol. 13, pp 203-225 Downloads
    See also Working Paper Determinacy, Learnability, And Plausibility In Monetary Policy Analysis: Additional Results, Central Bank of Chile (2008) Downloads View citations (3) (2008)

2006

  1. A Monetary Policy Rule for Automatic Prevention of a Liquidity Trap
    A chapter in Monetary Policy with Very Low Inflation in the Pacific Rim, 2006, pp 9-38 Downloads View citations (7)
    See also Working Paper A Monetary Policy Rule for Automatic Prevention of a Liquidity Trap, National Bureau of Economic Research, Inc (2005) Downloads View citations (9) (2005)

2002

  1. Inflation Targeting and the Liquidity Trap
    Chapter 9 in Inflation Targeting: Desing, Performance, Challenges, 2002, vol. 5, pp 395-438 Downloads View citations (23)
    See also Journal Article Inflation targeting and the liquidity trap, Federal Reserve Bank of San Francisco (2001) Downloads View citations (21) (2001)
    Working Paper Inflation Targeting and the Liquidity Trap, Central Bank of Chile (2001) Downloads View citations (23) (2001)

2001

  1. Analysis of the Monetary Transmission Mechanism: Methodological Issues
    Palgrave Macmillan View citations (15)
    See also Working Paper Analysis of the Monetary Transmission Mechanism: Methodological Issues, National Bureau of Economic Research, Inc (1999) Downloads View citations (60) (1999)

1999

  1. Issues in the design of monetary policy rules
    Chapter 23 in Handbook of Macroeconomics, 1999, vol. 1, Part C, pp 1483-1530 Downloads View citations (339)
    See also Working Paper Issues in the Design of Monetary Policy Rules, National Bureau of Economic Research, Inc (1997) Downloads View citations (99) (1997)
  2. Performance of Operational Policy Rules in an Estimated Semiclassical Structural Model
    A chapter in Monetary Policy Rules, 1999, pp 15-56 Downloads View citations (223)
    See also Journal Article Performance of operational policy rules in an estimated semi-classical structural model, Federal Reserve Bank of San Francisco (1998) View citations (67) (1998)
    Working Paper Performance of Operational Policy Rules in an Estimated Semi-Classical Structural Model, National Bureau of Economic Research, Inc (1998) Downloads View citations (150) (1998)

1997

  1. Inflation Targeting in Canada, New Zealand, Sweden, the United Kingdom, and in General
    Palgrave Macmillan View citations (7)
    See also Working Paper Inflation Targeting in Canada, New Zealand, Sweden, the United Kingdom, and in General, National Bureau of Economic Research, Inc (1996) Downloads View citations (48) (1996)

1995

  1. Monetary Policy Rules and Financial Stability
    Palgrave Macmillan View citations (6)
    See also Working Paper Monetary Policy Rules and Financial Stability, National Bureau of Economic Research, Inc (1994) Downloads View citations (18) (1994)

1990

  1. Inflation: Theory and evidence
    Chapter 18 in Handbook of Monetary Economics, 1990, vol. 2, pp 963-1012 Downloads View citations (43)
    See also Working Paper Inflation: Theory and Evidence, National Bureau of Economic Research, Inc (1987) Downloads View citations (6) (1987)

Software Items

2004

  1. Software for RE Analysis
    QM&RBC Codes, Quantitative Macroeconomics & Real Business Cycles Downloads View citations (1)

Editor

  1. Carnegie-Rochester Conference Series on Public Policy
    Elsevier
 
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