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Rules versus Discretion

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References

1977Rules Rather than Discretion: The Inconsistency of Optimal Plans7,896 cited
1982Reputation and imperfect information3,093 cited
1983A Positive Theory of Monetary Policy in a Natural Rate Model2,212 cited
1975"Rational" Expectations, the Optimal Monetary Instrument, and the Optimal Money Supply Rule2,172 cited
1983Optimal fiscal and monetary policy in an economy without capital1,877 cited
1961A Program for Monetary Stability1,164 cited
1962The Calculus of Consent917 cited
1978On the Time Consistency of Optimal Policy in a Monetary Economy807 cited
19903. Rules, Discretion, and Reputation in a Model of Monetary Policy715 cited
1936Rules versus Authorities in Monetary Policy497 cited
1985Inflation and Reputation409 cited
1985What would nominal GNP targetting do to the business cycle?106 cited
1984Some Issues Concerning Interest Rate Pegging, Price Level Determinacy, and the Real Bills Doctrine69 cited

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2010Review of economic theories of regulation91 cited
2009Peer Review vs Metric-based Assessment: Testing for Bias in the RAE Ratings of UK Economics Departments

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31 cited

1997Essays on exchange rates, prices and interest rates26 cited

2002A Half-Century of Changes in Monetary Policy19 cited

2000Globalization and Inflation14 cited

2011Monetary Policy and the Quest for Robust Political Economy14 cited

1989Monetary Policy in the United States under Flexible Exchange Rates13 cited