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

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

Aggregate Dynamics and Staggered Contracts

1980 • 2,566 citations

Some International Evidence on Output-Inflation Tradeoffs.

1973 • 2,466 citations

A Positive Theory of Monetary Policy in a Natural Rate Model

1983 • 2,070 citations

Noncooperative Collusion under Imperfect Price Information

1984 • 2,034 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

A Program for Monetary Stability.

1961 • 902 citations

Optimal Properties of Exponentially Weighted Forecasts

1960 • 888 citations

Inflation and Reputation

1985 • 687 citations

Monetary Policy Games and the Role of Private Information

1984 • 452 citations

Rules Rather than Discretion: The Inconsistency of Optimal Plans

2004 • 353 citations

Monetary mystique: Secrecy and central banking

1986 • 298 citations

Optimal Properties of Exponentially Weighted Forecasts

1960 • 272 citations

A Note on the Relation between the Rate and Variability of Inflation

1976 • 195 citations

The Anguish of Central Banking

1987 • 141 citations

An empirical study of politico-economic interaction in the US

1976 • 136 citations

Market perceptions of federal reserve policy and the weekly monetary announcements

1984 • 116 citations

Congressional supervision of monetary policy

1978 • 110 citations

Money and economic activity, inventories and business cycles

1983 • 71 citations

Inflation, Unemployment, and Public Opinion Polls

1982 • 66 citations

Policy advice and policymaking at the federal reserve

1980 • 65 citations

Inflation, Stagflation, Relative Prices, and Imperfect Information

1987 • 59 citations

Monetary Mystique: Secrecy and Central Banking

1985 • 57 citations

The Welfare Implications of Uneven Inflation

1977 • 54 citations

The Credibility Effect and Rational Expectations: Implications of the Gramlich Study

1979 • 53 citations

Establishing Credibility: A Rational Expectations Viewpoint

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Towards a Reconstruction of Macroeconomics. Problems of Theory and Policy.

1978 • 48 citations

Towards a Reconstruction of Macroeconomics.

1978 • 24 citations

The Valid Core of Rationality Hypotheses In the Theory of Expectations

1980 • 20 citations

Predicting the price level in a world that changes all the time

1982 • 17 citations

Monetary policy and rational expectations: A comparison of least squares and Bayesian learning

1982 • 11 citations

Inflation, Stagflation, Relative Prices and Imperfect Information.

1985 • 10 citations