Carnegie-Rochester Conference Series on Public Policy

1976 - 2001

Continued by Journal of Monetary Economics.

Current editor(s): B. T. McCallum

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Volume 41, issue 1, 1994

Sources of real exchange-rate fluctuations: How important are nominal shocks? pp. 1-56

Richard Clarida and Jordi Galí

Sources of real exchange-rate fluctuations: A comment pp. 57-65

Alan C. Stockman

Testing long-run neutrality: empirical evidence for G7-countries with special emphasis on Germany pp. 67-117

Axel A. Weber

Testing long-run neutrality: Empirical evidence for G7-countries with special emphasis on Germany A comment pp. 119-125

Fabio Canova

A sticky-price manifesto pp. 127-151

Laurence Ball and N. Gregory Mankiw

Comments on Ball and Mankiw pp. 153-155

Robert Lucas

The post-war U.S. phillips curve: a revisionist econometric history pp. 157-219

Robert King and Mark Watson

The post-war U.S. Phillips curve a comment pp. 221-230

Charles Evans

Identification of inflation-unemployment tradeoffs in the 1970s a comment pp. 231-241

Bennett McCallum

Rejoinder to Evans and McCallum pp. 243-250

Robert King and Mark Watson

A semi-classical model of price-level adjustment pp. 251-284

Bennett McCallum

A semi-classical model of price-level adjustment a comment pp. 285-294

Jeffrey Fuhrer

Shocks pp. 295-364

John Cochrane

Shocks: A comment pp. 365-371

Julio Rotemberg

Volume 40, issue 1, 1994

Sources of economic growth pp. 1-46

Robert Barro and Jong-Wha Lee

Comments on Barro and Lee pp. 47-57

Nancy L. Stokey

The importance of precautionary motives in explaining individual and aggregate saving pp. 59-125

R. Glenn Hubbard, Jonathan Skinner and Stephen Zeldes

The importance of precautionary motives in explaining individual and aggregate saving: A comment pp. 127-132

Miles Kimball

Saving and growth: a reinterpretation pp. 133-192

Christopher Carroll and David Weil

Paper by Carroll and Weil: A comment pp. 193-197

Michael Kremer

Accumulation, exports, and growth in the high-performing Asian economies pp. 199-235

Howard Pack and John Page

Accumulation, exports, and growth in the high performing Asian economies: A comment pp. 237-250

Alwyn Young

Reply to Alwyn Young pp. 251-257

Howard Pack and John Page

Capital fundamentalism, economic development, and economic growth pp. 259-292

Robert King and Ross Levine

Capital fundamentalism, economic development, and economic growth: A comment pp. 293-300

Rodolfo Manuelli

Volume 39, issue 1, 1993

How important is the credit channel in the transmission of monetary policy? pp. 1-45

Valerie Ramey

How important is the credit channel in the transmission of monetary policy?: A comment pp. 47-52

Ben Bernanke

Designing institutions for monetary stability pp. 53-84

Torsten Persson and Guido Tabellini

Designing institutions for monetary stability: A comment pp. 85-94

Charles Freedman

Central bank independence, growth, investment, and real rates pp. 95-140

Alex Cukierman, Pantelis Kalaitzidakis, Lawrence H. Summers and Steven B. Webb

Central bank independence, growth, investment, and real rates: A comment pp. 141-145

Matthew Canzoneri

Currency boards: their past, present, and possible future role pp. 147-187

Anna J. Schwartz

Currency boards: A comment pp. 189-193

Robert L. Hetzel

Discretion versus policy rules in practice pp. 195-214

John Taylor

Discretion versus policy rules in practice: two critical points: A comment pp. 215-220

Bennett McCallum

A comparison of some basic monetary policy regimes for open economies: implications of different degrees of instrument adjustment and wage persistence pp. 221-317

Dale W. Henderson and Warwick McKibbin

A comparison of some basic monetary policy regimes for open economies: A comment pp. 319-327

Robert Rasche

Volume 38, issue 1, 1993

Deposit insurance reform: a functional approach pp. 1-34

Robert Merton and Zvi Bodie

Deposit insurance reform: a functional approach: A comment pp. 35-40

Mark Flannery

Deposit insurance reform: a functional approach: A comment pp. 41-50

George J. Benston and George G. Kaufman

Reply to Benston and Kaufman pp. 51-55

Robert Merton and Zvi Bodie

The decline of private deposit insurance in the United States pp. 57-128

William B. English

The decline of private deposit insurance in the United States: A comment pp. 129-142

Charles Calomiris

Management and organizational changes in banking: a comparison of regulatory intervention with private creditor actions in nonbank firms pp. 143-178

Joel Houston and Christopher James

Management and organizational changes in banking: a comparison of regulatory intervention with private creditor actions in nonbank firms: A comment pp. 179-189

George J. Benston

Central banking in a monetary union: reflections on the proposed statute of the European Central Bank pp. 191-230

Alberto Giovanni

Central banking in a monetary union: reflections on the proposed statute of the European Central Bank: A comment pp. 231-237

Marvin Goodfriend

Quality ladders, growth, and R&D: an assessment from U.S. industry pp. 239-273

Kerk L. Phillips

Quality ladders, growth, and R&D: an assessment from U.S. industry: A comment pp. 275-278

Ross Levine

Why have a target zone? pp. 279-314

Paul Krugman and Marcus Miller

Why have a target zone?: A comment pp. 315-318

Robert Flood and Michael G. Spencer