Open-economy inflation targeting

Discretion versus policy rules in practice

1993 • 9,049 citations

Staggered Prices in a Utility-Maximizing Framework

1996 • 4,849 citations

The Optimal Degree of Commitment to an Intermediate Monetary Target

1985 • 3,677 citations

Monetary Theory and Policy

1999 • 1,903 citations

An Optimization-Based Econometric Framework for the Evaluation of Monetary Policy

1997 • 1,801 citations

Monetary Policy Rules

1999 • 1,724 citations

Inflation forecast targeting: Implementing and monitoring inflation targets

1997 • 1,700 citations

Inflation Targeting: A New Framework for Monetary Policy?

1997 • 1,183 citations

Policy rules for inflation targeting

1998 • 903 citations

Identifying monetary policy in a small open economy under flexible exchange rates

1997 • 812 citations

An Optimization-Based Econometric Framework for the Evaluation of Monetary Policy

1997 • 697 citations

Policy Rules for Open Economies

1998 • 671 citations

Inflation Forecasts and Monetary Policy

1997 • 421 citations

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

1995 • 348 citations

Efficient Rules for Monetary Policy

1999 • 325 citations

Inflation Targeting: Some Extensions

1999 • 298 citations

Optimal Inflation Targets, 'Conservative' Central Banks, and Linear Inflation Contracts

1997 • 290 citations

Simple Rules for Monetary Policy

1999 • 190 citations

Rules, Reputation and Macroeconomic Policy Coordination

1993 • 188 citations

International Policy Coordination in Dynamic Macroeconomic Models

1984 • 181 citations

Efficient Rules for Monetary Policy

1997 • 166 citations

Rules, reputation and macroeconomic policy coordination

1995 • 153 citations

The Consistency of Optimal Policy in Stochastic Rational Expectations Models

1986 • 151 citations

Persistency in sticky price models

1998 • 78 citations

Policy Rules and Targets: Framing the Central Banker's Problem

1998 • 75 citations

Why exchange rate bands?

1994 • 64 citations

Costly Adjustment under Rational Expectations: A Generalization

1991 • 55 citations

Inflation Targeting in Canada, New Zealand, Sweden, the United Kingdom, and in General

1997 • 54 citations

Fitting both data and theories: polynomial adjustment costs and error- correction decision rules

1993 • 44 citations

CREDIBILITY AND THE EFFECTIVENESS OF INFLATION TARGETING REGIMES

1996 • 39 citations

Monetary Cohabitation in Europe

1996 • 33 citations

Inflation Targeting as a Monetary Policy Rule

1998 • 24 citations

The effectiveness of monetary policy in New Zealand

1996 • 22 citations

On Inflation Targeting in the United Kingdom

1998 • 19 citations

Nominal Income Targeting in an Open-Economy Optimizing Model

1998 • 18 citations

Central Bank Policy Rules: Conceptual Issues and Practical Considerations

1998 • 5 citations