On the Optimality of Transparent Monetary Policy

Rules Rather than Discretion: The Inconsistency of Optimal Plans

1977 • 7,667 citations

Rules, discretion and reputation in a model of monetary policy

1983 • 3,635 citations

Noncooperative Collusion under Imperfect Price Information

1984 • 2,034 citations

A Theory of Ambiguity, Credibility, and Inflation under Discretion and Asymmetric Information

1986 • 1,314 citations

Toward a Theory of Discounted Repeated Games with Imperfect Monitoring

1990 • 1,277 citations

On the Theory of Infinitely Repeated Games with Discounting

1988 • 1,256 citations

Optimal cartel equilibria with imperfect monitoring

1986 • 707 citations

Extremal equilibria of oligopolistic supergames

1986 • 691 citations

Monetary Policy Games and the Role of Private Information

1984 • 452 citations

Transparency and Credibility: Monetary Policy With Unobservable Goals

2001 • 428 citations

Collusion and Price Rigidity

2004 • 382 citations

Rules Rather than Discretion: The Inconsistency of Optimal Plans

2004 • 353 citations

Monetary mystique: Secrecy and central banking

1986 • 298 citations

Sequential Equilibria in a Ramsey Tax Model

2001 • 216 citations

International Coordination of Fiscal Policy in Limiting Economies

1990 • 173 citations

Time Consistency and Policy

1988 • 129 citations

The Equilibrium Degree of Transparency and Control in Monetary Policy

1999 • 127 citations

Credible Monetary Policy in an Infinite Horizon Model: Recursive Approaches

1998 • 122 citations

Monetary and fiscal policy

1988 • 107 citations

Monetary Mystique: Secrecy and Central Banking

1985 • 57 citations

Collusion and Price Rigidity

1998 • 49 citations

Sequential Equilibria in a Ramsey Tax Model

2000 • 23 citations