Details about John B. Taylor

Homepage:	http://www.stanford.edu/~johntayl/
Phone:	650-723-9766
Workplace:	Stanford Institute for Economic Policy Research (SIEPR), Stanford University, (more information at EDIRC) Hoover Institution on War Revolution & Peace, (more information at EDIRC) Department of Economics, Stanford University, (more information at EDIRC)

Access statistics for papers by John B. Taylor.

Last updated 2023-03-10. Update your information in the RePEc Author Service.

Short-id: pta174

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Working Papers

2021

1. The Power of Open-Mouth Policies
   CEPR Discussion Papers, C.E.P.R. Discussion Papers

2019

2. Forward Guidance: Is It Useful Away from the Lower Bound?
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (7)

2018

3. Alternatives For Reserve Balances And The Fed's Balance Sheet In The Future
   Economics Working Papers, Hoover Institution, Stanford University View citations (4)
4. Rules Versus Discretion: Assessing the Debate Over the Conduct of Monetary Policy
   Economics Working Papers, Hoover Institution, Stanford University View citations (4)
   Also in NBER Working Papers, National Bureau of Economic Research, Inc (2017) View citations (21)
5. Taylor Rules and Forward Guidance: A Rule is not a Path
   CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (8)

2016

6. Finding the Equilibrium Real Interest Rate in a Fog of Policy Deviations
   CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (61)
   Also in Economics Working Papers, Hoover Institution, Stanford University (2016) View citations (58)
   IMFS Working Paper Series, Goethe University Frankfurt, Institute for Monetary and Financial Stability (IMFS) (2016) View citations (60)
   See also Journal Article Finding the Equilibrium Real Interest Rate in a Fog of Policy Deviations, Business Economics, Palgrave Macmillan (2016) View citations (55) (2016)
7. The Impact of Alternative Transitions to Normalized Monetary Policy
   2016 Meeting Papers, Society for Economic Dynamics
8. The Staying Power of Staggered Wage and Price Setting Models in Macroeconomics
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (32)
   See also Chapter The Staying Power of Staggered Wage and Price Setting Models in Macroeconomics, Handbook of Macroeconomics, Elsevier (2016) View citations (34) (2016)

2015

9. A Tractable Framework for Analyzing a Class of Nonstationary Markov Models
   Economics Working Papers, Hoover Institution, Stanford University View citations (15)
   Also in NBER Working Papers, National Bureau of Economic Research, Inc (2015) View citations (19)
   See also Journal Article A tractable framework for analyzing a class of nonstationary Markov models, Quantitative Economics, Econometric Society (2020) View citations (4) (2020)
10. Using Hybrid Macro-Econometric Models to Design and Evaluate Fiscal Consolidation Strategies
    Economics Working Papers, Hoover Institution, Stanford University

2014

11. After Unconventional Monetary Policy
    Economics Working Papers, Hoover Institution, Stanford University View citations (1)
12. Causes of the Financial Crisis and the Slow Recovery: A 10-Year Perspective
    Discussion Papers, Stanford Institute for Economic Policy Research View citations (9)
13. Causes of the Financial Crisis and the Slow Recovery: A Ten-Year Perspective
    Economics Working Papers, Hoover Institution, Stanford University View citations (9)
    See also Chapter Causes of the Financial Crisis and the Slow Recovery: A Ten-Year Perspective, Book Chapters, Hoover Institution, Stanford University (2014) View citations (7) (2014)
14. Inflation Targeting In Emerging Markets: The Global Experience
    Economics Working Papers, Hoover Institution, Stanford University View citations (5)
15. Monetary Policy and the State of the Economy
    Economics Working Papers, Hoover Institution, Stanford University View citations (3)
16. Re-Normalize, Don't New-Normalize Monetary Policy
    Economics Working Papers, Hoover Institution, Stanford University View citations (1)
17. Requirements for Policy Rules for the Fed
    Economics Working Papers, Hoover Institution, Stanford University
18. The Federal Reserve in a globalized world economy
    Globalization Institute Working Papers, Federal Reserve Bank of Dallas

2013

19. A Review of Recent Monetary Policy
    Economics Working Papers, Hoover Institution, Stanford University View citations (4)
20. A Steadier Course for Monetary Policy
    Economics Working Papers, Hoover Institution, Stanford University View citations (1)
21. Fiscal Consolidation Strategy: An Update For The Budget Reform Proposal of March 2013
    Economics Working Papers, Hoover Institution, Stanford University View citations (10)
    Also in Discussion Papers, Stanford Institute for Economic Policy Research (2013) View citations (10)
    IMFS Working Paper Series, Goethe University Frankfurt, Institute for Monetary and Financial Stability (IMFS) (2013) View citations (10)
22. International Monetary Coordination and the Great Deviation
    Economics Working Papers, Hoover Institution, Stanford University View citations (58)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2013) View citations (58)
    Discussion Papers, Stanford Institute for Economic Policy Research (2013) View citations (58)
    See also Journal Article International monetary coordination and the great deviation, Journal of Policy Modeling, Elsevier (2013) View citations (57) (2013)
23. International Monetary Policy Coordination: Past, Present and Future
    Discussion Papers, Stanford Institute for Economic Policy Research View citations (48)
    Also in BIS Working Papers, Bank for International Settlements (2013) View citations (52)
24. Remarks on Monetary Policy Challenges
    Economics Working Papers, Hoover Institution, Stanford University View citations (1)
    Also in Discussion Papers, Stanford Institute for Economic Policy Research (2013) View citations (1)
25. Simple Rules for Financial Stability
    Discussion Papers, Stanford Institute for Economic Policy Research View citations (1)
    Also in Economics Working Papers, Hoover Institution, Stanford University (2013) View citations (1)
26. The Effectiveness of Central Bank Independence Versus Policy Rules
    Discussion Papers, Stanford Institute for Economic Policy Research View citations (44)
27. Too Big to Fail, Title II of the Dodd-Frank Act and Bankruptcy Reform
    Economics Working Papers, Hoover Institution, Stanford University View citations (1)

2012

28. A Comparison of Government Regulation of Risk in the Financial Services and Nuclear Power Industries
    Discussion Papers, Stanford Institute for Economic Policy Research View citations (1)
29. Fiscal Consolidation Strategy
    Discussion Papers, Stanford Institute for Economic Policy Research View citations (5)
    Also in CFS Working Paper Series, Center for Financial Studies (CFS) (2012) View citations (13)
    IMFS Working Paper Series, Goethe University Frankfurt, Institute for Monetary and Financial Stability (IMFS) (2012) View citations (6)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2012) View citations (9)
    See also Journal Article Fiscal consolidation strategy, Journal of Economic Dynamics and Control, Elsevier (2013) View citations (81) (2013)
30. Monetary Policy Rules Work and Discretion Doesn’t: A Tale of Two Eras
    Discussion Papers, Stanford Institute for Economic Policy Research View citations (106)
    See also Journal Article Monetary Policy Rules Work and Discretion Doesn't: A Tale of Two Eras, Journal of Money, Credit and Banking, Blackwell Publishing (2012) View citations (99) (2012)
31. Surprising comparative properties of monetary models: Results from a new model database
    IMFS Working Paper Series, Goethe University Frankfurt, Institute for Monetary and Financial Stability (IMFS) View citations (55)
    Also in Working Paper Series, European Central Bank (2010) View citations (5)
    See also Journal Article Surprising Comparative Properties of Monetary Models: Results from a New Model Database, The Review of Economics and Statistics, MIT Press (2012) View citations (69) (2012)

2011

32. An Empirical Analysis of the Revival of Fiscal Activism in the 2000s
    Discussion Papers, Stanford Institute for Economic Policy Research View citations (49)
    See also Journal Article An Empirical Analysis of the Revival of Fiscal Activism in the 2000s, Journal of Economic Literature, American Economic Association (2011) View citations (48) (2011)
33. Legislating a Rule for Monetary Policy
    Discussion Papers, Stanford Institute for Economic Policy Research View citations (4)
    See also Journal Article Legislating a Rule for Monetary Policy, Cato Journal, Cato Journal, Cato Institute (2011) View citations (4) (2011)

2010

34. An Exit Rule for Monetary Policy
    Discussion Papers, Stanford Institute for Economic Policy Research View citations (6)
35. Does the Crisis Experience Call for a New Paradigm in Monetary Policy?
    CASE Network Studies and Analyses, CASE-Center for Social and Economic Research View citations (9)
36. Falling Behind the Curve: A Positive Analysis of Stop-Start Monetary Policies and the Great Inflation
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (11)
    See also Chapter Falling Behind the Curve: A Positive Analysis of Stop-Start Monetary Policies and the Great Inflation, NBER Chapters, National Bureau of Economic Research, Inc (2013) View citations (19) (2013)
37. Simple and Robust Rules for Monetary Policy
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (154)
    Also in Working Paper Series, Federal Reserve Bank of San Francisco (2010) View citations (74)
    See also Chapter Simple and Robust Rules for Monetary Policy, Handbook of Monetary Economics, Elsevier (2010) View citations (154) (2010)
38. What the Government Purchases Multiplier Actually Multiplied in the 2009 Stimulus Package
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (27)
    See also Chapter What the Government Purchases Multiplier Actually Multiplied in the 2009 Stimulus Package, Book Chapters, Hoover Institution, Stanford University (2012) View citations (13) (2012)

2009

39. Estimated Impact of the Fed's Mortgage-Backed Securities Purchase Program
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (62)
40. New Keynesian Versus Old Keynesian Government Spending Multipliers
    Discussion Papers, Stanford Institute for Economic Policy Research View citations (199)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2009) View citations (130)
    Working Paper Series, European Central Bank (2009) View citations (139)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2009) View citations (141)
    CFS Working Paper Series, Center for Financial Studies (CFS) (2009) View citations (138)
    See also Journal Article New Keynesian versus old Keynesian government spending multipliers, Journal of Economic Dynamics and Control, Elsevier (2010) View citations (476) (2010)
41. Surprising Comparative Properties of Monetary Models: Results from a New Data Base
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (25)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2009) View citations (22)
    CFS Working Paper Series, Center for Financial Studies (CFS) (2009) View citations (23)
42. The Financial Crisis and the Policy Responses: An Empirical Analysis of What Went Wrong
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (526)
43. The Need to Return to a Monetary Framework
    Discussion Papers, Stanford Institute for Economic Policy Research View citations (26)
    See also Journal Article The Need to Return to a Monetary Framework, Business Economics, Palgrave Macmillan (2009) View citations (26) (2009)

2008

44. A Black Swan in the Money Market
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (109)
    Also in Working Paper Series, Federal Reserve Bank of San Francisco (2008) View citations (37)
    See also Journal Article A Black Swan in the Money Market, American Economic Journal: Macroeconomics, American Economic Association (2009) View citations (283) (2009)
45. Further Results on a Black Swan in the Money Market
    Discussion Papers, Stanford Institute for Economic Policy Research View citations (60)
46. The Way Back to Stability and Growth in the Global Economy: The Mayekawa Lecture
    IMES Discussion Paper Series, Institute for Monetary and Economic Studies, Bank of Japan View citations (1)

2007

47. Housing and Monetary Policy
    Discussion Papers, Stanford Institute for Economic Policy Research View citations (507)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2007) View citations (504)
    See also Journal Article Housing and monetary policy, Proceedings - Economic Policy Symposium - Jackson Hole, Federal Reserve Bank of Kansas City (2007) View citations (155) (2007)
48. The Explanatory Power of Monetary Policy Rules
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (33)
    See also Journal Article The Explanatory Power of Monetary Policy Rules, Business Economics, Palgrave Macmillan (2007) View citations (32) (2007)
49. The Long and the Short End of the Term Structure of Policy Rules
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (10)

2003

50. INTERNATIONAL ECONOMIC AND FINANCIAL CONDITIONS (PowerPoint Presentation)
    Agricultural Outlook Forum 2003, United States Department of Agriculture, Agricultural Outlook Forum

2000

51. The Monetary Transmission Mechanism and the Evaluation of Monetary Policy Rules
    Working Papers Central Bank of Chile, Central Bank of Chile View citations (9)
    See also Chapter The Monetary Transmission Mechanism and the Evaluation of Monetary Policy Rules, Central Banking, Analysis, and Economic Policies Book Series, Central Bank of Chile (2002) View citations (21) (2002)

1998

52. An Historical Analysis of Monetary Policy Rules
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (134)
    See also Chapter A Historical Analysis of Monetary Policy Rules, NBER Chapters, National Bureau of Economic Research, Inc (1999) View citations (1022) (1999)
53. Staggered Price and Wage Setting in Macroeconomics
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (63)
    See also Chapter Staggered price and wage setting in macroeconomics, Handbook of Macroeconomics, Elsevier (1999) View citations (428) (1999)
54. The Robustness and Efficiency of Monetary Policy Rules as Guidelines for Interest Rate Setting by European Central Bank
    Working Papers, Stockholm - International Economic Studies View citations (48)
    Also in Seminar Papers, Stockholm University, Institute for International Economic Studies (1998) View citations (60)
    See also Journal Article The robustness and efficiency of monetary policy rules as guidelines for interest rate setting by the European central bank, Journal of Monetary Economics, Elsevier (1999) View citations (336) (1999)

1995

55. The monetary transmission mechanism: an empirical framework
    Working Papers in Applied Economic Theory, Federal Reserve Bank of San Francisco View citations (262)
    See also Journal Article The Monetary Transmission Mechanism: An Empirical Framework, Journal of Economic Perspectives, American Economic Association (1995) View citations (280) (1995)

1991

56. Full Information Estimation and Stochastic Simulation of Models with Rational Expectations
    NBER Technical Working Papers, National Bureau of Economic Research, Inc View citations (1)
    Also in Cowles Foundation Discussion Papers, Cowles Foundation for Research in Economics, Yale University (1989)
    See also Journal Article Full Information Estimation and Stochastic Simulation of Models with Rational Expectations, Journal of Applied Econometrics, John Wiley & Sons, Ltd. (1990) View citations (23) (1990)

1989

57. Policy Analysis With a Multicountry Model
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (6)
58. Solving Nonlinear Stochastic Growth Models: A Comparison of Alternative Solution Methods
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (92)
    See also Journal Article Solving Nonlinear Stochastic Growth Models: A Comparison of Alternative Solution Methods, Journal of Business & Economic Statistics, American Statistical Association (1990) View citations (152) (1990)

1984

59. Improvements in Macroeconomic Stability: The Role of Wages and Prices
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (3)
    See also Chapter Improvements in Macroeconomic Stability: The Role of Wages and Prices, NBER Chapters, National Bureau of Economic Research, Inc (1986) View citations (18) (1986)
60. International Coordination in the Design of Macroeconomic Policy Rules
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (11)
    See also Journal Article International coordination in the design of macroeconomic policy rules, European Economic Review, Elsevier (1985) View citations (35) (1985)
61. New Econometric Techniques for Marcoeconomic Policy Evaluation
    NBER Technical Working Papers, National Bureau of Economic Research, Inc

1983

62. International Capital Mobility and the Coordination of Monetary Rules
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (4)
63. Optimal Stabilization Rules in a Stochastic Model of Investment with Gestation Lags
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (2)
64. Rational Expectations Models in Macroeconomics
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (4)

1982

65. The Role of Expectations in the Choice of Monetary Policy
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (5)
    See also Journal Article The role of expectations in the choice of monetary policy, Proceedings - Economic Policy Symposium - Jackson Hole, Federal Reserve Bank of Kansas City (1982) View citations (3) (1982)
66. Union Wage Settlements During a Disinflation
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (4)
    See also Journal Article Union Wage Settlements during a Disinflation, American Economic Review, American Economic Association (1983) View citations (99) (1983)

1980

67. Solution and Maximum Likelihood Estimation of Dynamic Nonlinear Rational Expectations Models
    Cowles Foundation Discussion Papers, Cowles Foundation for Research in Economics, Yale University View citations (40)
    Also in NBER Technical Working Papers, National Bureau of Economic Research, Inc (1980) View citations (5)
    See also Journal Article Solution and Maximum Likelihood Estimation of Dynamic Nonlinear Rational Expectations Models, Econometrica, Econometric Society (1983) View citations (437) (1983)

Journal Articles

2021

1. Simple monetary rules: many strengths and few weaknesses
   European Journal of Law and Economics, 2021, 52, (2), 267-283 View citations (8)
2. The impact of the coronavirus on economic policy and the economy
   Journal of Policy Modeling, 2021, 43, (4), 761-769 View citations (4)
3. The legacy of Paul Volcker
   Business Economics, 2021, 56, (1), 20-28

2020

4. A tractable framework for analyzing a class of nonstationary Markov models
   Quantitative Economics, 2020, 11, (4), 1289-1323 View citations (4)
   See also Working Paper A Tractable Framework for Analyzing a Class of Nonstationary Markov Models, Economics Working Papers (2015) View citations (15) (2015)

2019

5. Inflation targeting in high inflation emerging economies: lessons about rules and instruments
   Journal of Applied Economics, 2019, 22, (1), 103-116 View citations (16)

2017

6. Remarks on monetary rules for a post-crisis World
   Journal of Macroeconomics, 2017, 54, (PA), 7-11 View citations (10)

2016

7. Can We Restart the Recovery All Over Again?
   American Economic Review, 2016, 106, (5), 48-51 View citations (3)
8. Finding the Equilibrium Real Interest Rate in a Fog of Policy Deviations
   Business Economics, 2016, 51, (3), 147-154 View citations (55)
   See also Working Paper Finding the Equilibrium Real Interest Rate in a Fog of Policy Deviations, CEPR Discussion Papers (2016) View citations (61) (2016)
9. Rethinking the International Monetary System
   Cato Journal, 2016, 36, (2), 239-250 View citations (2)
10. Slow economic growth as a phase in a policy performance cycle
    Journal of Policy Modeling, 2016, 38, (4), 649-655 View citations (6)
11. The role of the Chinese economy in the world economy: A U.S. perspective
    China Economic Review, 2016, 40, (C), 281-285 View citations (7)

2014

12. The Role of Policy in the Great Recession and the Weak Recovery
    American Economic Review, 2014, 104, (5), 61-66 View citations (44)

2013

13. Fiscal consolidation strategy
    Journal of Economic Dynamics and Control, 2013, 37, (2), 404-421 View citations (81)
    See also Working Paper Fiscal Consolidation Strategy, Discussion Papers (2012) View citations (5) (2012)
14. International monetary coordination and the great deviation
    Journal of Policy Modeling, 2013, 35, (3), 463-472 View citations (57)
    See also Working Paper International Monetary Coordination and the Great Deviation, Economics Working Papers (2013) View citations (58) (2013)
15. Monetary Policy during the Past 30 Years with Lessons for the Next 30 Years
    Cato Journal, 2013, 33, (3), 333-345 View citations (7)
16. The Effectiveness of Central Bank Independence vs. Policy Rules
    Business Economics, 2013, 48, (3), 155-162 View citations (43)

2012

17. Estimated Impact of the Federal Reserve’s Mortgage-Backed Securities Purchase Program
    International Journal of Central Banking, 2012, 8, (2), 1-42 View citations (53)
18. Monetary Policy Rules Work and Discretion Doesn't: A Tale of Two Eras
    Journal of Money, Credit and Banking, 2012, 44, (6), 1017-1032 View citations (99)
    Also in Journal of Money, Credit and Banking, 2012, 44, (6), 1017-1032 (2012) View citations (14)
    See also Working Paper Monetary Policy Rules Work and Discretion Doesn’t: A Tale of Two Eras, Discussion Papers (2012) View citations (106) (2012)
19. Surprising Comparative Properties of Monetary Models: Results from a New Model Database
    The Review of Economics and Statistics, 2012, 94, (3), 800-816 View citations (69)
    See also Working Paper Surprising comparative properties of monetary models: Results from a new model database, IMFS Working Paper Series (2012) View citations (55) (2012)

2011

20. An Empirical Analysis of the Revival of Fiscal Activism in the 2000s
    Journal of Economic Literature, 2011, 49, (3), 686-702 View citations (48)
    See also Working Paper An Empirical Analysis of the Revival of Fiscal Activism in the 2000s, Discussion Papers (2011) View citations (49) (2011)
21. Legislating a Rule for Monetary Policy
    Cato Journal, 2011, 31, (3), 407-415 View citations (4)
    See also Working Paper Legislating a Rule for Monetary Policy, Discussion Papers (2011) View citations (4) (2011)
22. Review of Allan H. Meltzer's A history of the Federal Reserve, Volume 2, University of Chicago Press, 2009
    Journal of Monetary Economics, 2011, 58, (2), 183-189 View citations (6)
23. The Rules-Discretion Cycle in Monetary and Fiscal Policy
    Finnish Economic Papers, 2011, 24, (2), 78-86 View citations (3)

2010

24. Comment on: "Global effects of fiscal stimulus during the crisis" by Charles Freedman, Michael Kumhof, Douglas Laxton, Dick Muir, Susanna Mursula
    Journal of Monetary Economics, 2010, 57, (5), 527-530 View citations (2)
25. Commentary: monetary policy after the fall
    Proceedings - Economic Policy Symposium - Jackson Hole, 2010, 337-348 View citations (28)
26. Corrigendum to "New Keynesian versus old Keynesian government spending multipliers" [J. Econ. Dynam. Control 34(3) (2010) 281-295]
    Journal of Economic Dynamics and Control, 2010, 34, (10), 2229-2229 View citations (7)
27. Getting back on track: macroeconomic policy lessons from the financial crisis
    Review, 2010, 92, (May), 165-176 View citations (34)
28. New Keynesian versus old Keynesian government spending multipliers
    Journal of Economic Dynamics and Control, 2010, 34, (3), 281-295 View citations (476)
    See also Working Paper New Keynesian Versus Old Keynesian Government Spending Multipliers, Discussion Papers (2009) View citations (199) (2009)

2009

29. A Black Swan in the Money Market
    American Economic Journal: Macroeconomics, 2009, 1, (1), 58-83 View citations (283)
    Also in Proceedings, 2009, (Jan) (2009) View citations (238)
    See also Working Paper A Black Swan in the Money Market, NBER Working Papers (2008) View citations (109) (2008)
30. The Lack Of An Empirical Rationale For A Revival Of Discretionary Fiscal Policy
    CESifo Forum, 2009, 10, (02), 9-13 View citations (87)
    Also in American Economic Review, 2009, 99, (2), 550-55 (2009) View citations (77)
31. The Need to Return to a Monetary Framework
    Business Economics, 2009, 44, (2), 63-72 View citations (26)
    See also Working Paper The Need to Return to a Monetary Framework, Discussion Papers (2009) View citations (26) (2009)
32. The term structure of policy rules
    Journal of Monetary Economics, 2009, 56, (7), 907-917 View citations (32)

2008

33. A review of the productivity resurgence
    Journal of Policy Modeling, 2008, 30, (4), 619-626 View citations (1)
34. Panel discussion
    Review, 2008, 90, (Jul), 405-420
35. The Mayekawa Lecture: The Way Back to Stability and Growth in the Global Economy
    Monetary and Economic Studies, 2008, 26, 37-48 View citations (2)

2007

36. Housing and monetary policy
    Proceedings - Economic Policy Symposium - Jackson Hole, 2007, 463-476 View citations (155)
    See also Working Paper Housing and Monetary Policy, Discussion Papers (2007) View citations (507) (2007)
37. The Explanatory Power of Monetary Policy Rules
    Business Economics, 2007, 42, (4), 8-15 View citations (32)
    See also Working Paper The Explanatory Power of Monetary Policy Rules, NBER Working Papers (2007) View citations (33) (2007)
38. Thirty-Five Years of Model Building for Monetary Policy Evaluation: Breakthroughs, Dark Ages, and a Renaissance
    Journal of Money, Credit and Banking, 2007, 39, (s1), 193-201 View citations (12)
    Also in Journal of Money, Credit and Banking, 2007, 39, (s1), 193-201 (2007) View citations (6)
39. Transparency, Communication and Commitment
    International Journal of Central Banking, 2007, 3, (1)

2006

40. Staggered Pricing Models Face the Facts
    International Journal of Central Banking, 2006, 2, (3)
41. The rise of offshoring: it's not wine for cloth anymore: commentary
    Proceedings - Economic Policy Symposium - Jackson Hole, 2006, 103-109

2005

42. Commentary: understanding the Greenspan standard
    Proceedings - Economic Policy Symposium - Jackson Hole, 2005, (Aug), 107-118 View citations (1)
43. Panel discussion monetary policy modeling: where are we and where should we be going?
    Proceedings, 2005, 323-339
44. The international implications of October 1979: toward a long boom on a global scale
    Review, 2005, 87, (Mar), 269-276 View citations (1)

2003

45. Increasing Economic Growth and Stability in Emerging Markets
    Cato Journal, 2003, 23, (1), 127-134

2002

46. General discussion: monetary policy and real stabilization
    Proceedings - Economic Policy Symposium - Jackson Hole, 2002, 319-331 View citations (2)
47. General discussion: overview panel: rethinking stabilization policy
    Proceedings - Economic Policy Symposium - Jackson Hole, 2002, 447-461
48. General discussion: should the European Central Bank and the Federal Reserve be concerned about fiscal policy?
    Proceedings - Economic Policy Symposium - Jackson Hole, 2002, 413-419

2001

49. AN INTERVIEW WITH MILTON FRIEDMAN
    Macroeconomic Dynamics, 2001, 5, (1), 101-131 View citations (19)
50. Expectations, open market operations, and changes in the federal funds rate
    Review, 2001, 83, (Jul), 33-58 View citations (38)
51. Low Inflation, Deflation, and Policies for Future Price Stability
    Monetary and Economic Studies, 2001, 19, (S1), 35-51 View citations (12)
52. Macroeconomic implications of the new economy: commentary
    Proceedings - Economic Policy Symposium - Jackson Hole, 2001, 279-284
53. The Role of the Exchange Rate in Monetary-Policy Rules
    American Economic Review, 2001, 91, (2), 263-267 View citations (375)

2000

54. Alternative Views of the Monetary Transmission Mechanism: What Difference Do They Make for Monetary Policy?
    Oxford Review of Economic Policy, 2000, 16, (4), 60-73 View citations (32)
55. Comment on Three Lessons for Monetary Policy in a Low-Inflation Era
    Journal of Money, Credit and Banking, 2000, 32, (4), 973-78 View citations (7)
56. Low inflation, pass-through, and the pricing power of firms
    European Economic Review, 2000, 44, (7), 1389-1408 View citations (736)
57. Reassessing Discretionary Fiscal Policy
    Journal of Economic Perspectives, 2000, 14, (3), 21-36 View citations (270)
58. Recent changes in trend and cycle, remarks
    Proceedings, 2000 View citations (7)
59. Teaching Modern Macroeconomics at the Principles Level
    American Economic Review, 2000, 90, (2), 90-94 View citations (98)

1999

60. Commentary: challenges for monetary policy: new and old
    Proceedings - Economic Policy Symposium - Jackson Hole, 1999, 59-67 View citations (1)
61. The robustness and efficiency of monetary policy rules as guidelines for interest rate setting by the European central bank
    Journal of Monetary Economics, 1999, 43, (3), 655-679 View citations (336)
    See also Working Paper The Robustness and Efficiency of Monetary Policy Rules as Guidelines for Interest Rate Setting by European Central Bank, Working Papers (1998) View citations (48) (1998)

1998

62. Applying Academic Research on Monetary Policy Rules: An Exercise in Translational Economics
    The Manchester School of Economic & Social Studies, 1998, 66, 1-16 View citations (18)
63. Information Technology and Monetary Policy
    Monetary and Economic Studies, 1998, 16, (2), 19-28 View citations (5)
64. Monetary policy and the long boom
    Review, 1998, (Nov), 3-12 View citations (21)

1997

65. A Core of Practical Macroeconomics
    Choices: The Magazine of Food, Farm, and Resource Issues, 1997, 12, (4), 3 View citations (29)
    Also in American Economic Review, 1997, 87, (2), 233-35 (1997) View citations (31)
66. Econometric models and the monetary policy process: A comment
    Carnegie-Rochester Conference Series on Public Policy, 1997, 47, (1), 39-42 View citations (3)

1996

67. How should monetary policy respond to shocks while maintaining long-run price stability? Conceptual issues
    Proceedings - Economic Policy Symposium - Jackson Hole, 1996, 181-195 View citations (14)
68. Policy Rules as a Means to a More Effective Monetary Policy
    Monetary and Economic Studies, 1996, 14, (1), 28-39 View citations (15)
    See also Chapter Policy Rules as a Means to a More Effective Monetary Policy, Palgrave Macmillan Books, 1997, 28-39 (1997) View citations (8) (1997)

1995

69. Changes in American Economic Policy in the 1980s: Watershed or Pendulum Swing?
    Journal of Economic Literature, 1995, 33, (2), 777-784 View citations (1)
70. Monetary policy implications of greater fiscal discipline
    Proceedings - Economic Policy Symposium - Jackson Hole, 1995, 151-170 View citations (20)
71. The Monetary Transmission Mechanism: An Empirical Framework
    Journal of Economic Perspectives, 1995, 9, (4), 11-26 View citations (280)
    See also Working Paper The monetary transmission mechanism: an empirical framework, Working Papers in Applied Economic Theory (1995) View citations (262) (1995)

1994

72. The inflation/output variability trade-off revisited
    Conference Series ; [Proceedings], 1994, 38, 21-24 View citations (35)

1993

73. Discretion versus policy rules in practice
    Carnegie-Rochester Conference Series on Public Policy, 1993, 39, (1), 195-214 View citations (5250)
74. Microeconomic rigidities and aggregate price dynamics: Ricardo Caballero and Eduardo Engel
    European Economic Review, 1993, 37, (4), 714-717 View citations (3)
75. The Use of the New Macroeconometrics for Policy Formulation
    American Economic Review, 1993, 83, (2), 300-305 View citations (15)

1992

76. Price Stabilization in the 1990s: An Overview
    Monetary and Economic Studies, 1992, 10, (1), 35-43
    See also Chapter Price Stabilization in the 1990s: An Overview, Palgrave Macmillan Books, 1993, 1-6 (1993) (1993)
77. The budgetary arithmetics of loan guarantees and deposit insurance: A comment
    Carnegie-Rochester Conference Series on Public Policy, 1992, 37, (1), 123-125

1990

78. Full Information Estimation and Stochastic Simulation of Models with Rational Expectations
    Journal of Applied Econometrics, 1990, 5, (4), 381-92 View citations (23)
    See also Working Paper Full Information Estimation and Stochastic Simulation of Models with Rational Expectations, NBER Technical Working Papers (1991) View citations (1) (1991)
79. Solving Nonlinear Stochastic Growth Models: A Comparison of Alternative Solution Methods
    Journal of Business & Economic Statistics, 1990, 8, (1), 1-17 View citations (152)
    See also Working Paper Solving Nonlinear Stochastic Growth Models: A Comparison of Alternative Solution Methods, NBER Working Papers (1989) View citations (92) (1989)
80. Solving stochastic equilibrium models with the extended path method
    Economic Modelling, 1990, 7, (3), 251-257 View citations (5)

1989

81. Differences in economic fluctuations in Japan and the United States: The role of nominal rigidities
    Journal of the Japanese and International Economies, 1989, 3, (2), 127-144 View citations (9)
82. Monetary Policy and the Stability of Macroeconomic Relationships
    Journal of Applied Econometrics, 1989, 4, (S), S161-78 View citations (16)
83. The Evolution of Ideas in Macroeconomics
    The Economic Record, 1989, 65, (2), 185-189 View citations (1)

1988

84. A method for determining whether parameters in aggregative models are structural: A comment
    Carnegie-Rochester Conference Series on Public Policy, 1988, 29, (1), 253-257 View citations (2)
85. Japanese Macroeconomic Policy and the Current Account Under Alternative International Monetary Regimes
    Monetary and Economic Studies, 1988, 6, (1), 1-36 View citations (4)

1987

86. The current account and macroeconomic policy: an econometric analysis
    Proceedings, 1987, 131-191

1986

87. An econometric evaluation of international monetary policy rules: fixed versus flexible exchange rates
    Proceedings, 1986 View citations (3)

1985

88. International coordination in the design of macroeconomic policy rules
    European Economic Review, 1985, 28, (1-2), 53-81 View citations (35)
    See also Working Paper International Coordination in the Design of Macroeconomic Policy Rules, NBER Working Papers (1984) View citations (11) (1984)
89. What would nominal GNP targetting do to the business cycle?
    Carnegie-Rochester Conference Series on Public Policy, 1985, 22, (1), 61-84 View citations (83)

1984

90. Estimation and solution of linear rational expectations models using a polynomial matrix factorization
    Journal of Economic Dynamics and Control, 1984, 8, (3), 341-348 View citations (4)
91. Recent Changes in Macro Policy and Its Effects: Some Time-Series Evidence
    American Economic Review, 1984, 74, (2), 206-10 View citations (9)

1983

92. 'Wage rigidity and unemployment in OECD countries' by D. Grubb et al
    European Economic Review, 1983, 21, (1-2), 45-49
93. Solution and Maximum Likelihood Estimation of Dynamic Nonlinear Rational Expectations Models
    Econometrica, 1983, 51, (4), 1169-85 View citations (437)
    See also Working Paper Solution and Maximum Likelihood Estimation of Dynamic Nonlinear Rational Expectations Models, Cowles Foundation Discussion Papers (1980) View citations (40) (1980)
94. Union Wage Settlements during a Disinflation
    American Economic Review, 1983, 73, (5), 981-93 View citations (99)
    See also Working Paper Union Wage Settlements During a Disinflation, NBER Working Papers (1982) View citations (4) (1982)
95. `Rules, discretion and reputation in a model of monetary policy' by Robert J. Barro and David B. Gordon
    Journal of Monetary Economics, 1983, 12, (1), 123-125 View citations (32)

1982

96. Establishing Credibility: A Rational Expectations Viewpoint
    American Economic Review, 1982, 72, (2), 81-85 View citations (24)
97. The Swedish Investment Funds System as a Stabilization Rule
    Brookings Papers on Economic Activity, 1982, 13, (1), 57-106 View citations (19)
98. The role of expectations in the choice of monetary policy
    Proceedings - Economic Policy Symposium - Jackson Hole, 1982, 47-95 View citations (3)
    See also Working Paper The Role of Expectations in the Choice of Monetary Policy, NBER Working Papers (1982) View citations (5) (1982)

1981

99. Macroeconomic theory: Thomas J. Sargent, (Academic Press, New York, 1979) pp. xiii+404, $24.50
    Journal of Monetary Economics, 1981, 8, (1), 139-142
100. On the relation between the variability of inflation and the average inflation rate
     Carnegie-Rochester Conference Series on Public Policy, 1981, 15, (1), 57-85 View citations (82)
101. Stabilization, Accommodation, and Monetary Rules
     American Economic Review, 1981, 71, (2), 145-49 View citations (8)

1980

102. Aggregate Dynamics and Staggered Contracts
     Journal of Political Economy, 1980, 88, (1), 1-23 View citations (1608)
103. Foreword
     Journal of Economic Dynamics and Control, 1980, 2, (1), 1-5
104. Output and price stability: An international comparison
     Journal of Economic Dynamics and Control, 1980, 2, (1), 109-132 View citations (66)

1979

105. Estimation and Control of a Macroeconomic Model with Rational Expectations
     Econometrica, 1979, 47, (5), 1267-86 View citations (393)
106. Staggered Wage Setting in a Macro Model
     American Economic Review, 1979, 69, (2), 108-13 View citations (510)

1977

107. Conditions for Unique Solutions in Stochastic Macroeconomic Models with Rational Expectations
     Econometrica, 1977, 45, (6), 1377-85 View citations (104)
108. Control theory and economic stabilization: A comment on the Kalchbrenner and Tinsley and Prescott papers
     Carnegie-Rochester Conference Series on Public Policy, 1977, 7, (1), 93-98
109. Stabilizing Powers of Monetary Policy under Rational Expectations
     Journal of Political Economy, 1977, 85, (1), 163-90 View citations (185)
110. The Deterrent Effect of Capital Punishment: Another View
     American Economic Review, 1977, 67, (3), 445-51 View citations (31)

1976

111. On an Efficient Two-Step Estimator for Dynamic Simultaneous Equations Models with Autoregressive Errors
     International Economic Review, 1976, 17, (2), 362-76 View citations (6)
112. Some Experimental Results on the Statistical Properties of Least Squares Estimates in Control Problems
     Econometrica, 1976, 44, (6), 1289-1302 View citations (21)

1975

113. Monetary Policy during a Transition to Rational Expectations
     Journal of Political Economy, 1975, 83, (5), 1009-21 View citations (62)

1974

114. Asymptotic Properties of Multiperiod Control Rules in the Linear Regression Model
     International Economic Review, 1974, 15, (2), 472-84 View citations (24)

1972

115. Stabilization Policies in a Growing Economy: A Comment
     The Review of Economic Studies, 1972, 39, (4), 515-519

Books

2009

1. Getting Off Track - How Government Actions and Interventions Caused, Prolonged, and Worsened the Financial Crisis
   Books, Hoover Institution, Stanford University View citations (91)

1999

2. Monetary Policy Rules
   NBER Books, National Bureau of Economic Research, Inc View citations (3712)

Edited books

2017

1. Milton Friedman on Freedom
   Books, Hoover Institution, Stanford University

2016

2. Central Bank Governance & Oversight Reform
   Books, Hoover Institution, Stanford University View citations (12)
3. Handbook of Macroeconomics, vol 2
   Handbook of Macroeconomics, Elsevier View citations (1009)

2015

4. Inequality and Economic Policy
   Books, Hoover Institution, Stanford University View citations (4)
5. Making Failure Feasible
   Books, Hoover Institution, Stanford University View citations (15)

2014

6. Across the Great Divide: New Perspectives on the Financial Crisis
   Books, Hoover Institution, Stanford University View citations (44)

2012

7. Bankruptcy Not Bailout
   Books, Hoover Institution, Stanford University View citations (3)
8. Government Policies and the Delayed Economic Recovery
   Books, Hoover Institution, Stanford University View citations (69)

2010

9. Ending Government Bailouts As We Know Them
   Books, Hoover Institution, Stanford University View citations (3)
10. The Road Ahead for the Fed
    Books, Hoover Institution, Stanford University View citations (8)

2001

11. Monetary Policy Rules
    National Bureau of Economic Research Books, University of Chicago Press View citations (385)

1999

12. Handbook of Macroeconomics, vol 1
    Handbook of Macroeconomics, Elsevier View citations (1130)

Chapters

2021

1. The Euro in Perspective
   Springer

2018

2. Monetary Policy Making When Views Are Disparate
   Chapter 5 in The Structural Foundations of Monetary Policy, 2018
3. The Balance Sheet
   Chapter 1 in The Structural Foundations of Monetary Policy, 2018 View citations (5)

2016

4. National and International Monetary Reform
   Chapter 6 in Blueprint for America, 2016
5. Preface - Central Bank Governance & Oversight Reform
   A chapter in Central Bank Governance & Oversight Reform, 2016 View citations (2)
6. The Staying Power of Staggered Wage and Price Setting Models in Macroeconomics
   Elsevier View citations (34)
   See also Working Paper The Staying Power of Staggered Wage and Price Setting Models in Macroeconomics, National Bureau of Economic Research, Inc (2016) View citations (32) (2016)

2015

7. Introduction
   A chapter in Inequality & Economic Policy, 2015
8. Preface
   A chapter in Making Failure Feasible, 2015

2014

9. Causes of the Financial Crisis and the Slow Recovery: A Ten-Year Perspective
   Chapter 3 in Across the Great Divide: New Perspectives on the Financial Crisis, 2014 View citations (7)
   See also Working Paper Causes of the Financial Crisis and the Slow Recovery: A Ten-Year Perspective, Hoover Institution, Stanford University (2014) View citations (9) (2014)
10. Introduction - Across the Great Divide
    A chapter in Across the Great Divide: New Perspectives on the Financial Crisis, 2014

2013

11. 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 217-244 View citations (19)
    See also Working Paper Falling Behind the Curve: A Positive Analysis of Stop-Start Monetary Policies and the Great Inflation, National Bureau of Economic Research, Inc (2010) View citations (11) (2010)

2012

12. Introduction - Government Policies and the Delayed Economic Recovery
    A chapter in Government Policies and the Delayed Economic Recovery, 2012 View citations (6)
13. Preface - Bankruptcy Not Bailout
    A chapter in Bankruptcy Not Bailout, 2012
14. The Dual Nature of Forecast Targeting and Instrument Rules
    Chapter 10 in The Taylor Rule and the Transformation of Monetary Policy, 2012 View citations (1)
15. The Great Deviation
    Chapter 7 in The Taylor Rule and the Transformation of Monetary Policy, 2012 View citations (70)
16. The Pursuit of Policy Rules - A Conversation between Robert Leeson and John B. Taylor
    Chapter 17 in The Taylor Rule and the Transformation of Monetary Policy, 2012 View citations (7)
17. What the Government Purchases Multiplier Actually Multiplied in the 2009 Stimulus Package
    Chapter 5 in Government Policies and the Delayed Economic Recovery, 2012 View citations (13)
    See also Working Paper What the Government Purchases Multiplier Actually Multiplied in the 2009 Stimulus Package, National Bureau of Economic Research, Inc (2010) View citations (27) (2010)

2011

18. Macroeconomic Lessons from the Great Deviation
    A chapter in NBER Macroeconomics Annual 2010, volume 25, 2011, pp 387-395 View citations (45)

2010

19. A Conversation about Key Conclusions
    Chapter 14 in Ending Government Bailouts As We Know Them, 2010
20. Defining Systemic Risk Operationally
    Chapter 4 in Ending Government Bailouts As We Know Them, 2010
21. Preface - Ending Government Bailouts As We Know Them
    A chapter in Ending Government Bailouts As We Know Them, 2010 View citations (5)
22. Simple and Robust Rules for Monetary Policy
    Chapter 15 in Handbook of Monetary Economics, 2010, vol. 3, pp 829-859 View citations (154)
    See also Working Paper Simple and Robust Rules for Monetary Policy, National Bureau of Economic Research, Inc (2010) View citations (154) (2010)

2009

23. Introduction - The Road Ahead for the Fed
    Chapter Introduction in The Road Ahead for the Fed, 2009 View citations (5)
24. The Need for a Clear and Credible Exit Strategy
    Chapter 6 in The Road Ahead for the Fed, 2009 View citations (12)

2007

25. Globalization and Monetary Policy: Missions Impossible
    A chapter in International Dimensions of Monetary Policy, 2007, pp 609-624 View citations (11)

2002

26. The Monetary Transmission Mechanism and the Evaluation of Monetary Policy Rules
    Chapter 2 in Monetary Policy: Rules and Transmission Mechanisms, 2002, vol. 4, pp 021-046 View citations (21)
    See also Working Paper The Monetary Transmission Mechanism and the Evaluation of Monetary Policy Rules, Central Bank of Chile (2000) View citations (9) (2000)

2001

27. How the Rational Expectations Revolution has Changed Macroeconomic Policy Research
    Palgrave Macmillan View citations (1)

1999

28. A Historical Analysis of Monetary Policy Rules
    A chapter in Monetary Policy Rules, 1999, pp 319-348 View citations (1022)
    See also Working Paper An Historical Analysis of Monetary Policy Rules, National Bureau of Economic Research, Inc (1998) View citations (134) (1998)
29. Introduction to "Monetary Policy Rules"
    A chapter in Monetary Policy Rules, 1999, pp 1-14 View citations (406)
30. Staggered price and wage setting in macroeconomics
    Chapter 15 in Handbook of Macroeconomics, 1999, vol. 1, Part B, pp 1009-1050 View citations (428)
    See also Working Paper Staggered Price and Wage Setting in Macroeconomics, National Bureau of Economic Research, Inc (1998) View citations (63) (1998)

1997

31. Policy Rules as a Means to a More Effective Monetary Policy
    Palgrave Macmillan View citations (8)
    See also Journal Article Policy Rules as a Means to a More Effective Monetary Policy, Institute for Monetary and Economic Studies, Bank of Japan (1996) View citations (15) (1996)

1993

32. Price Stabilization in the 1990s: An Overview
    Palgrave Macmillan
    See also Journal Article Price Stabilization in the 1990s: An Overview, Institute for Monetary and Economic Studies, Bank of Japan (1992) (1992)

1986

33. Improvements in Macroeconomic Stability: The Role of Wages and Prices
    A chapter in The American Business Cycle: Continuity and Change, 1986, pp 639-678 View citations (18)
    See also Working Paper Improvements in Macroeconomic Stability: The Role of Wages and Prices, National Bureau of Economic Research, Inc (1984) View citations (3) (1984)
34. New econometric approaches to stabilization policy in stochastic models of macroeconomic fluctuations
    Chapter 34 in Handbook of Econometrics, 1986, vol. 3, pp 1997-2055 View citations (17)

1976

35. Methods of Efficient Parameter Estimation in Control Problems
    A chapter in Annals of Economic and Social Measurement, Volume 5, number 3, 1976, pp 339-347 View citations (2)

Editor

1. Handbook of Macroeconomics
   Elsevier
2. Handbook of Macroeconomics
   Elsevier
3. International Journal of Central Banking
   International Journal of Central Banking