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Central Bank Behavior and the Strategy of Monetary Policy: Observations from Six Industrialized Countries

In: NBER Macroeconomics Annual 1992, Volume 7

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Author Info
Ben Bernanke
Frederic Mishkin

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This chapter was published in: Ben Bernanke & Frederic Mishkin NBER Macroeconomics Annual 1992, Volume 7, , pages 183-238, 1992.

This item is provided by National Bureau of Economic Research, Inc in its series NBER Chapters with number 10993.

Handle: RePEc:nbr:nberch:10993

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Related research
This chapter was published in the following book, which is listed on IDEAS:
Olivier Jean Blanchard & Stanley Fischer, 1992. "NBER Macroeconomics Annual 1992, Volume 7," NBER Books, National Bureau of Economic Research, Inc, number blan92-1.
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Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
  1. George A. Kahn & Kristina Jacobson, 1989. "Lessons from West German monetary policy," Economic Review, Federal Reserve Bank of Kansas City, issue Apr, pages 18-35. [Downloadable!]
  2. Thomas F. Cargill & Michael M. Hutchison, 1987. "The response of the Bank of Japan to macroeconomic and financial change," Proceedings, Federal Reserve Bank of San Francisco, pages 227-246.
  3. Kenneth Rogoff & Anne Sibert, 1988. "Elections and Macroeconomic Policy Cycles," NBER Working Papers 1838, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    Other versions:
  4. Marvin Goodfriend, 1987. "Interest rate smoothing and price level trend-stationarity," Working Paper 87-03, Federal Reserve Bank of Richmond. [Downloadable!]
    Other versions:
  5. Piyu Yue & Robert Fluri, 1991. "Divisia monetary services indexes for Switzerland: are they useful for monetary targeting?," Review, Federal Reserve Bank of St. Louis, issue Sep, pages 19-33. [Downloadable!]
  6. Friedman, Benjamin M., 1990. "Targets and instruments of monetary policy," Handbook of Monetary Economics, in: B. M. Friedman & F. H. Hahn (ed.), Handbook of Monetary Economics, edition 1, volume 2, chapter 22, pages 1185-1230 Elsevier. [Downloadable!] (restricted)
  7. H. Robert Heller, 1988. "Implementing monetary policy," Federal Reserve Bulletin, Board of Governors of the Federal Reserve System (U.S.), issue Jul, pages 419-429.
  8. Walsh, Carl E, 1986. "In Defense of Base Drift," American Economic Review, American Economic Association, vol. 76(4), pages 692-700, September. [Downloadable!] (restricted)
  9. Fischer, Stanley, 1990. "Rules versus discretion in monetary policy," Handbook of Monetary Economics, in: B. M. Friedman & F. H. Hahn (ed.), Handbook of Monetary Economics, edition 1, volume 2, chapter 21, pages 1155-1184 Elsevier. [Downloadable!] (restricted)
  10. William Poole, 1970. "Optimal choice of monetary policy instruments in a simple stochastic macro model," Staff Studies 57, Board of Governors of the Federal Reserve System (U.S.).
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  11. repec:fip:fedreq:y:1986:i:nov:p:12-24:n:v.72no.6 is not listed on IDEAS
  12. repec:fip:fedreq:y:1987:i:may:p:3-16:n:v.73no.3 is not listed on IDEAS
  13. Lucas, Robert Jr., 1990. "Liquidity and interest rates," Journal of Economic Theory, Elsevier, vol. 50(2), pages 237-264, April. [Downloadable!] (restricted)
  14. Bruce Kasman & Anthony Rodrigues, 1991. "Financial reform and monetary control in Japan," Research Paper 9120, Federal Reserve Bank of New York.
  15. Daniel L. Thornton, 1988. "The borrowed-reserves operating procedures: theory and evidence," Review, Federal Reserve Bank of St. Louis, issue Jan, pages 30-54. [Downloadable!]
  16. Bennett T. McCallum, 1991. "Targets, Indicators, and Instruments of Monetary Policy," NBER Working Papers 3047, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
  17. Kydland, Finn E & Prescott, Edward C, 1977. "Rules Rather Than Discretion: The Inconsistency of Optimal Plans," Journal of Political Economy, University of Chicago Press, vol. 85(3), pages 473-91, June. [Downloadable!] (restricted)
  18. Kenneth Rogoff, 1987. "Reputational Constraints on Monetary Policy," NBER Working Papers 1986, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
  19. Michael T. Belongia & K. Alec Chrystal, 1990. "The pitfalls of exchange rate targeting: a case study from the United Kingdom," Review, Federal Reserve Bank of St. Louis, issue Sep, pages 15-24. [Downloadable!]
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