Optimal monetary policy inertia

Econometric policy evaluation: A critique

1976 • 5,457 citations

The Optimal Degree of Commitment to an Intermediate Monetary Target

1985 • 3,677 citations

"Rational" Expectations, the Optimal Monetary Instrument, and the Optimal Money Supply Rule

1975 • 2,222 citations

Optimal contracts for central bankers

1995 • 1,191 citations

Central Banking in Theory and Practice

1998 • 1,008 citations

Policy rules for inflation targeting

1998 • 903 citations

The effect of changes in the federal funds rate target on market interest rates in the 1970s

1989 • 623 citations

Federal Reserve interest rate targeting, rational expectations, and the term structure

1995 • 417 citations

Robustness of Simple Monetary Policy Rules under Model Uncertainty

1998 • 364 citations

Monetary policy trade-offs and the correlation between nominal interest rates and real output

1995 • 348 citations

The Consistency of Optimal Policy in Stochastic Rational Expectations Models

1986 • 151 citations

Limits on interest rate rules in the IS model

1996 • 132 citations

Price Level Determinacy and Monetary Policy under a Balanced Budget Requirement

1997 • 83 citations

Solution and Estimation of RE Macromodels with Optimal Policy

1998 • 80 citations

Evaluating alternative monetary policy rules

1996 • 69 citations

Monetary Policy Rules and Macroeconomic Stability: Evidence and some Theory

1998 • 58 citations

Monetary Policy as a Process of Search

1996 • 58 citations

Explaining the Increased Variability in Long-Term Interest Rates

1999 • 39 citations

Monetary Policy under Neoclassical and New-Keynesian Phillips Curves, with an Application to Price Level and Inflation Targeting

1998 • 31 citations

Inflation dynamics: A structural econometric analysis

1998 • 4 citations

The Optimal Form of Interest Rate Targeting

1999 • 2 citations