WELFARE AND MONETARY PRECOMMITMENT IN AN ECONOMY WITH MENU COSTS AND UNIONIZED WAGE SETTING

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

A Positive Theory of Monetary Policy in a Natural Rate Model

1983 • 2,070 citations

Monopolistic Competition and the Effects of Aggregate Demand

1987 • 1,550 citations

Monopolistic Price Adjustment and Aggregate Output

1982 • 1,194 citations

A Near-Rational Model of the Business Cycle, with Wage and Price Inertia

1985 • 845 citations

Lectures on Macroeconomics.

1990 • 760 citations

Inflation and Reputation

1985 • 687 citations

Monetary Policy Games and the Role of Private Information

1984 • 452 citations

What Is New-Keynesian Economics?

1991 • 449 citations

Dynamic inconsistency, cooperation and the benevolent dissembling government

1980 • 358 citations

RULES AND DISCRETION WITH NONCOORDINATED MONETARY AND FISCAL POLICIES

1987 • 356 citations

The microeconomic theory of the trade union

1992 • 353 citations

The Microeconomic Theory of the Trade Union

1982 • 290 citations

Reputation in a model of monetary policy with incomplete information

1986 • 286 citations

The New Keynesian Microfoundations

1987 • 284 citations

Monetary Policy and Policy Credibility Theories and Evidence

1989 • 238 citations

A SIMPLE MODEL OF IMPERFECT COMPETITION WITH WALRASIAN FEATURES

1987 • 174 citations

Credibility and politics

1988 • 136 citations

The New Keynesian Microfoundations

1987 • 114 citations

MONETARY POLICY GAMES AND PRIVATE SECTOR PRECOMMITMENT

1992 • 82 citations

Keynesian Multipliers and the Cost of Public Funds Under Monopolistic Competition

1996 • 64 citations

An introduction and a broad survey

1988 • 60 citations

Dynamic Inconsistency, Rational Expectations, and Optimal Government Policy

1984 • 45 citations

Macroeconomic policy games with incomplete information

1988 • 33 citations

Time inconsistency of benevolent government economies

1986 • 20 citations

Economic policy precommitment and social welfare

1992 • 7 citations