Learning, experimentation, and monetary policy

The Role of Monetary Policy

1995 • 4,093 citations

Aggregate Dynamics and Staggered Contracts

1980 • 2,566 citations

Some International Evidence on Output-Inflation Tradeoffs.

1973 • 2,466 citations

Long-Term Contracts, Rational Expectations, and the Optimal Money Supply Rule

1977 • 2,007 citations

A Program for Monetary Stability

1961 • 1,266 citations

Uncertainty and the effectiveness of policy

1967 • 1,049 citations

A Program for Monetary Stability.

1961 • 902 citations

Convergence of least squares learning mechanisms in self-referential linear stochastic models

1989 • 883 citations

Inflation and Reputation

1985 • 687 citations

Stabilizing Powers of Monetary Policy under Rational Expectations

1977 • 557 citations

Optimum Decision Rules for Government and Industry

1965 • 365 citations

Optimal Decision Rules for Government and Industry

1965 • 355 citations

Controlling a Stochastic Process with Unknown Parameters

1988 • 288 citations

Learning to Believe in Sunspots

1990 • 283 citations

Learning to believe in sunspots

1990 • 280 citations

A Bayesian Approach to the Production of Information and Learning by Doing

1977 • 253 citations

Monetary Policy during a Transition to Rational Expectations

1975 • 186 citations

The Multi-Period Control Problem Under Uncertainty

1972 • 176 citations

The Inefficiency of Short-Run Monetary Targets for Monetary Policy

1977 • 101 citations

Optimal Control of an Unknown Linear Process with Learning

1989 • 89 citations

Monetarist Rules in the Light of Recent Experience

1984 • 47 citations

Informational Implications of Interest Rate Rules

1986 • 22 citations

Dynamic Modelling and Control of National Economies 1989

1990 • 20 citations

Rational response to unprecedented policies: The 1979 change in federal reserve operating procedures

1989 • 10 citations

A Theory of Public Debt Management with Unobservable Demand

1993 • 8 citations

Rational Expectations, Random Parameters and the Non-Neutrality of Money

1982 • 6 citations

Learning, Experimentation and Monetary Policy

1991 • 3 citations

NON-CONVERGENCE TO RATIONAL EXPECTATIONS AND OPTIMAL MONETARY POLICY IN MODELS WITH LEARNING

1990 • 1 citations