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Monetary Policy and Policy Credibility: Theories and Evidence

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Author Info
Blackburn, Keith
Christensen, Michael

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Article provided by American Economic Association in its journal Journal of Economic Literature.

Volume (Year): 27 (1989)
Issue (Month): 1 (March)
Pages: 1-45
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Handle: RePEc:aea:jeclit:v:27:y:1989:i:1:p:1-45

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  1. Peter N. Ireland, 1999. "Expectations, Credibility, and Time-Consistent Monetary Policy," NBER Working Papers 7234, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    Other versions:
  2. Berggren, Niclas, 2003. "The Frailty of Economic Reforms: Political Logic and Constitutional Lessons," Ratio Working Papers 1, The Ratio Institute. [Downloadable!]
  3. Andrea Tambalotti & Ernst Schaumburg, 2004. "An Investigation of the Gains from Commitment in Monetary Policy," Econometric Society 2004 North American Summer Meetings 282, Econometric Society. [Downloadable!]
    Other versions:
  4. M. Demertzis & A. Hughes Hallett & N. Viegi, 2002. "An Independent Central Bank faced with Elected Government: A Political Economy Conflict," WO Research Memoranda (discontinued) 686, Netherlands Central Bank, Research Department. [Downloadable!]
  5. Patricia Bonini, 2004. "New Macroeconomics and Credibility Analysis," Economia, ANPEC - Associação Nacional dos Centros de Pósgraduação em Economia [Brazilian Association of Graduate Programs in Economics], vol. 5(2), pages 341-359. [Downloadable!]
  6. Presser, Mario Ferreira, 2000. "Políticas macroeconômicas e regimes cambiais: uma resenha crítica da contribuição do mainstream na década de 80," Revista Economia e Sociedade, Instituto de Economia, Universidade Estadual de Campinas (UNICAMP), vol. 14, pages 46, January. [Downloadable!]
  7. Myriam Quispe-Agnoli, 2003. "Stabilization programs and policy credibility: Peru in the 1990s," Working Paper 2003-40, Federal Reserve Bank of Atlanta. [Downloadable!]
  8. Andreas Freytag & Simon Renaud, 2007. "From short-term to long-term orientation—political economy of the policy reform process," Journal of Evolutionary Economics, Springer, vol. 17(4), pages 433-449, August. [Downloadable!] (restricted)
    Other versions:
  9. John P. Judd & Jack H. Beebe, 1993. "The output-inflation trade-off in the United States: has it changed since the late 1970s?," Economic Review, Federal Reserve Bank of San Francisco, pages 25-34. [Downloadable!]
  10. Robert Amano & Paul Fenton & David Tessier & Simon van Norden, 1996. "The credibility of monetary policy: a survey of the literature with some simple applications to Caanda," Meeting papers 9610001, EconWPA. [Downloadable!]
  11. Chan G. Huh & Kevin J. Lansing, 1998. "Expectations, credibility, and disinflation in a small macroeconomic model," Working Papers in Applied Economic Theory and Econometrics 98-01, Federal Reserve Bank of San Francisco. [Downloadable!]
    Other versions:
  12. William H. Hoyt & Richard A. Jensen, 1995. "Precommitment and State and Local Policy Coordination," Public Economics 9508001, EconWPA. [Downloadable!]
  13. Patricia S. Pollard, 1993. "Central bank independence and economic performance," Review, Federal Reserve Bank of St. Louis, issue Jul, pages 21-36. [Downloadable!]
  14. Plamen Yossifov & Udaibir S. Das & Vasudevan Sundararajan, 2003. "Cross-Country and Cross-Sector Analysis of Transparency of Monetary and Financial Policies," IMF Working Papers 03/94, International Monetary Fund. [Downloadable!]
  15. Donato Masciandaro, 1995. "Designing a central bank: Social player, monetary agent, or banking agent?," Open Economies Review, Springer, vol. 6(4), pages 399-410, October. [Downloadable!] (restricted)
  16. Peter J. Stemp & William M. Scarth, . "Zero Inflation Targets: Central Bank Commitment and Fiscal Policy Outcomes," Computing in Economics and Finance 1996 _055, Society for Computational Economics. [Downloadable!]
  17. Peter N. Ireland, 1998. "Does the Time-Consistency Problem Explain the Behavior of Inflation in the United States?," Boston College Working Papers in Economics 415, Boston College Department of Economics. [Downloadable!]
    Other versions:
  18. David R. Johnson, 1997. "Expected Inflation in Canada 1988-1995: An Evaluation of Bank of Canada Credibility and the Effect of Inflation Targets," Canadian Public Policy, University of Toronto Press, vol. 23(3), pages 233-258, September. [Downloadable!] (restricted)
  19. Elisa Newby, 2007. " The Suspension of Cash Payments as a Monetary Regime," CDMA Working Paper Series 0707, Centre for Dynamic Macroeconomic Analysis. [Downloadable!]
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