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Monetary strategy with an elastic price standard

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References

1977Rules Rather than Discretion: The Inconsistency of Optimal Plans7,896 cited
1981A Positive Theory of Monetary Policy in a Natural-Rate Model2,177 cited

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1986In Defense of Base Drift35 cited
1985Supply Shocks, Wage Indexation and Monetary Accommodation

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32 cited

2013Monetary Policy Mistakes and the Evolution of Inflation Expectations28 cited

2008Tests for a mean shift with good size and monotonic power28 cited

2016Achieving Price Stability by Manipulating the Central Bank’s Payment on Reserves28 cited