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What Should Central Banks Do? What Should Be Their Macroeconomic Objectives and Operations?

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  • Goodhart, Charles A E
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    Bibliographic Info

    Article provided by Royal Economic Society in its journal The Economic Journal.

    Volume (Year): 104 (1994)
    Issue (Month): 427 (November)
    Pages: 1424-36

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    Handle: RePEc:ecj:econjl:v:104:y:1994:i:427:p:1424-36

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    Blog mentions

    As found by EconAcademics.org, the blog aggregator for Economics research:
    1. Another Embarrassing Blunder by Chairman Bernanke
      by Felipe Rezende in New Economic Perspectives on 2009-07-22 12:00:00
    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
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    Cited by:
    1. Leertouwer, Erik & Maier, Philipp, 2001. "Who creates political business cycles: should central banks be blamed?," European Journal of Political Economy, Elsevier, vol. 17(3), pages 445-463, September.
    2. Nuran Gokbudak, 1996. "Central Bank Independence, the Bundesbank Experience and the Central Bank of the Republic of Turkey," Discussion Papers 9610, Research and Monetary Policy Department, Central Bank of the Republic of Turkey.
    3. Lars E.O. Svensson, 1997. "Optimal Inflation Targets, `Conservative' Central Banks, and Linear Inflation Contracts," NBER Working Papers 5251, National Bureau of Economic Research, Inc.
    4. Peter Howells & Iris Biefang-Frisancho Mariscal, 2006. "Monetary Policy Regimes. A Fragile Consensus," International Journal of Political Economy, M.E. Sharpe, Inc., vol. 35(1), pages 62-83, April.
    5. Jiri Bohm & Jan Filacek & Ivana Kubicova & Romana Zamazalova, 2011. "Price-Level Targeting - A Real Alternative to Inflation Targeting?," Research and Policy Notes 2011/01, Czech National Bank, Research Department.
    6. Bennett T. McCallum & Edward Nelson, 1998. "Performance of operational policy rules in an estimated semi-classical structural model," Proceedings, Federal Reserve Bank of San Francisco, issue Mar.
    7. Francisco Rosende, 2002. "La Nueva Síntesis Keynesiana: Análisis e Implicancias de Política Monetaria," Latin American Journal of Economics-formerly Cuadernos de Economía, Instituto de Economía. Pontificia Universidad Católica de Chile., vol. 39(117), pages 203-233.
    8. McCallum, Bennett T., 1999. "Issues in the design of monetary policy rules," Handbook of Macroeconomics, in: J. B. Taylor & M. Woodford (ed.), Handbook of Macroeconomics, edition 1, volume 1, chapter 23, pages 1483-1530 Elsevier.
    9. Edward Kutsoati, 2000. "Debt-Contingent Inflation Contracts and Targeting," Discussion Papers Series, Department of Economics, Tufts University 0009, Department of Economics, Tufts University.
    10. Buch, Claudia M., 1995. "Monetary policy and the transformation of the banking system in Eastern Europe," Kiel Working Papers 676, Kiel Institute for the World Economy.

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