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Monetary strategy with an elastic price standard · Study

WorkMonetary strategy with an elastic price standard

Robert Ernest Hall1984

Work1984

Monetary strategy with an elastic price standard

Robert Ernest Hall

76 citations·0/0 files stored·Proceedings - Economic Policy Symposium - Jackson Hole

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Monetary Policy and Economic Impact Economic Theory and Policy Economic theories and models

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References

1977Rules Rather than Discretion: The Inconsistency of Optimal Plans 1981A Positive Theory of Monetary Policy in a Natural-Rate Model

Cited by

1999Oil prices and U.S. aggregate economic activity: a question of neutrality 2012Lessons from the Bank of England on ‘quantitative easing’ and other ‘unconventional’ monetary policies 1988Rules Versus Discretion in Monetary Policy 2001Price Stability as a Target for Monetary Policy: Defining and Maintaining Price Stability 2008Learning, expectations formation, and the pitfalls of optimal control monetary policy 2008Monetary Policy, Endogenous Inattention and the Volatility Trade‐off 2021Price-Level Targeting 2008Learning, Expectations Formation, and the Pitfalls of Optimal Control Monetary Policy

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1991Equilibria under ‘active’ and ‘passive’ monetary and fiscal policiesarticle · 2 shared references 2000International Law and State Behavior: Commitment and Compliance in International Monetary Affairsarticle · 2 shared references 1989Servicing the Public Debt: The Role of Expectations* *I have greatly benefited from comments received at Johns Hopkins University, Georgetown University, the Macro Lunch Group of the University of Pennsylvania, MIT, and the Research Department of the International Monetary Fund. I am particularly indebted to Matt Canzoneri, Sara Guerschanik-Calvo, Joseph Harrington, Jr, Elhanan Helpman, Nissan Leviatan, Maury Obstfeld, Assaf Razin, Sweder van Wijnbergen and two anonymous referees. The research on this paper was partly done while I was a visiting scholar at the Research Department of the Internationed Monetary Fund, and it was partially funded by the National Science Foundation. However, any opinions expressed are entirely my own and not those of any of the above institutions. This paper has already been published in the The American Economic Review, 78, 4, September 1988, pp. 647–661.other · 2 shared references 2014Causes of the EU ETS price drop: Recession, CDM, renewable policies or a bit of everything?—New evidencearticle · 2 shared references 2001Transparency and Credibility: Monetary Policy With Unobservable Goalsarticle · 2 shared references 2007Changes in the Federal Reserve's Inflation Target: Causes and Consequencesarticle · 2 shared references

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Year1984

Typeother

Published1984-01-01

VenueProceedings - Economic Policy Symposium - Jackson Hole

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Citations76

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ShelfMonetary Policy and Economic Impact

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openalex_workW1558363834

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