This file is part of IDEAS , which uses RePEc data
[ Papers |
Articles |
Software |
Books |
Chapters |
Authors |
Institutions |
JEL Classification |
NEP reports |
Search |
New papers by email |
Author registration |
Rankings |
Volunteers |
FAQ |
Blog |
Help! ]
The Alleged Instability of Nominal Income Targeting Author info | Abstract | Publisher info | Download info | Related research | Statistics Bennett T. McCallum
Additional information is available for the following
registered author(s):
No abstract is available for
this item.
To our knowledge, this item is not available for
download . To find whether it is available, there are three
options:
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page
whether it is in fact available.
3. Perform a search for a similarly titled item that would be
available.
Paper provided by Carnegie Mellon University, Tepper School of Business in its series GSIA Working Papers with number
1998-20.
Download reference. The following formats are available: HTML
(with abstract ),
plain text
(with abstract ),
BibTeX ,
RIS (EndNote, RefMan, ProCite),
ReDIF
Length:
Date of creation: Date of revision:
Handle: RePEc:cmu:gsiawp:187Contact details of provider: Postal: Tepper School of Business, Carnegie Mellon University, 5000 Forbes Avenue, Pittsburgh, PA 15213-3890 Web page: http://www.tepper.cmu.edu/
Order Information: Web: http://server1.tepper.cmu.edu/gsiadoc/GSIA_WP.asp
For technical questions regarding this item, or to correct its listing, contact: (Steve Spear).
Keywords: Other versions of this item:
References listed on IDEAS 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.: Bean, Charles R, 1983.
"Targeting Nominal Income: An Appraisal ,"
Economic Journal ,
Royal Economic Society, vol. 93(372), pages 806-19, December.
[Downloadable!] (restricted)
Bennett T. McCallum, 1995.
"A Semi-Classical Model of Price Level Adjustment ,"
NBER Working Papers
4706, National Bureau of Economic Research, Inc.
[Downloadable!] (restricted)
Other versions: Laurence Ball, 1997.
"Efficient Rules for Monetary Policy ,"
NBER Working Papers
5952, National Bureau of Economic Research, Inc.
[Downloadable!] (restricted)
Other versions:
Laurence Ball, 1997.
"Efficient rules for monetary policy ,"
Reserve Bank of New Zealand Discussion Paper Series
G97/3, Reserve Bank of New Zealand.
[Downloadable!] Ball, Laurence, 1999.
"Efficient Rules for Monetary Policy ,"
International Finance ,
Blackwell Publishing, vol. 2(1), pages 63-83, April.
[Downloadable!] (restricted) Frankel, Jeffrey, 1995.
"The Stabilizing Properties of a Nominal GNP Rule ,"
Journal of Money, Credit and Banking ,
Blackwell Publishing, vol. 27(2), pages 318-34, May.
[Downloadable!] (restricted)
Svensson, L-E-O, 1997.
"Inflation Targeting : Some Extensions ,"
Papers
625, Stockholm - International Economic Studies.
Other versions:
Lars E. O. Svensson, 1999.
"Inflation Targeting: Some Extensions ,"
NBER Working Papers
5962, National Bureau of Economic Research, Inc.
[Downloadable!] (restricted) Svensson, Lars E.O., 1997.
"Inflation Targeting: Some Extensions ,"
Seminar Papers
625, Stockholm University, Institute for International Economic Studies.
[Downloadable!] Svensson, Lars E O, 1999.
" Inflation Targeting: Some Extensions ,"
Scandinavian Journal of Economics ,
Blackwell Publishing, vol. 101(3), pages 337-61, September.
[Downloadable!] (restricted) Bennett T. McCallum, 1983.
"On Non-Uniqueness in Rational Expectations Models: An Attempt at Perspective ,"
NBER Working Papers
0684, National Bureau of Economic Research, Inc.
[Downloadable!] (restricted)
Other versions: Ratti, Ronald A, 1997.
"The Stabilizing Properties of a Nominal GNP Rule: A Comment ,"
Journal of Money, Credit and Banking ,
Blackwell Publishing, vol. 29(2), pages 263-69, May.
Roberts, John M, 1995.
"New Keynesian Economics and the Phillips Curve ,"
Journal of Money, Credit and Banking ,
Blackwell Publishing, vol. 27(4), pages 975-84, November.
[Downloadable!] (restricted)
Taylor, John B., 1993.
"Discretion versus policy rules in practice ,"
Carnegie-Rochester Conference Series on Public Policy ,
Elsevier, vol. 39(1), pages 195-214, December.
[Downloadable!] (restricted)
Svensson, Lars E. O., 1997.
"Inflation forecast targeting: Implementing and monitoring inflation targets ,"
European Economic Review ,
Elsevier, vol. 41(6), pages 1111-1146, June.
[Downloadable!] (restricted)
Other versions:
Svensson, L-E-O, 1996.
"Inflation Forecast Targeting : Implementaing and Monitoring Inflation Targets ,"
Papers
615, Stockholm - International Economic Studies.
Svensson, Lars E.O., 1997.
"Inflation Forecast Targeting: Implementing and Monitoring Inflation Targets ,"
Seminar Papers
615, Stockholm University, Institute for International Economic Studies.
[Downloadable!] Svensson, Lars E O, 1996.
"Inflation Forecast Targeting: Implementing and Monitoring Inflation Targets ,"
CEPR Discussion Papers
1511, C.E.P.R. Discussion Papers.
[Downloadable!] (restricted) Lars E. O. Svensson, 1997.
"Inflation Forecast Targeting: Implementing and Monitoring Inflation Targets ,"
NBER Working Papers
5797, National Bureau of Economic Research, Inc.
[Downloadable!] (restricted) Lars E O Svensson, .
"Inflation Forecast Targeting: Implementing and Monitoring Inflation Targets ,"
Bank of England working papers
56, Bank of England.
Robert E. Hall & N. Gregory Mankiw, 1994.
"Nominal Income Targeting ,"
NBER Chapters ,
in: Monetary Policy, pages 71-94
National Bureau of Economic Research, Inc.
[Downloadable!]
Other versions: Bennett T. McCallum & Edward Nelson, 2000.
"An Optimizing IS-LM Specification for Monetary Policy and Business Cycle Analysis ,"
NBER Working Papers
5875, National Bureau of Economic Research, Inc.
[Downloadable!] (restricted)
Other versions:
Bennett T. McCallum & Edward Nelson, .
"An Optimizing IS-LM Specification for Monetary Policy and Business Cycle Analysis ,"
GSIA Working Papers
1997-71, Carnegie Mellon University, Tepper School of Business.
McCallum, Bennett T & Nelson, Edward, 1999.
"An Optimizing IS-LM Specification for Monetary Policy and Business Cycle Analysis ,"
Journal of Money, Credit and Banking ,
Blackwell Publishing, vol. 31(3), pages 296-316, August.
Bennett T. McCallum, 1997.
"Issues in the Design of Monetary Policy Rules ,"
NBER Working Papers
6016, National Bureau of Economic Research, Inc.
[Downloadable!] (restricted)
Other versions: Michael Woodford, 1996.
"Control of the Public Debt: A Requirement for Price Stability? ,"
NBER Working Papers
5684, National Bureau of Economic Research, Inc.
[Downloadable!] (restricted)
Fuhrer, Jeff & Moore, George, 1995.
"Inflation Persistence ,"
The Quarterly Journal of Economics ,
MIT Press, vol. 110(1), pages 127-59, February.
[Downloadable!] (restricted)
Other versions:
Jeff Fuhrer & George Moore, 1993.
"Inflation persistence ,"
Finance and Economics Discussion Series
93-17, Board of Governors of the Federal Reserve System (U.S.).
Jeff Fuhrer & George Moore, 1993.
"Inflation persistence ,"
Proceedings ,
Board of Governors of the Federal Reserve System (U.S.).
[Downloadable!] Jeff Fuhrer & George Moore, 1993.
"Inflation persistence ,"
Proceedings ,
Federal Reserve Bank of San Francisco, issue Mar.
Blanchard, Olivier Jean & Kahn, Charles M, 1980.
"The Solution of Linear Difference Models under Rational Expectations ,"
Econometrica ,
Econometric Society, vol. 48(5), pages 1305-11, July.
[Downloadable!] (restricted)
Bennett T. McCallum, 1991.
"Targets, Indicators, and Instruments of Monetary Policy ,"
NBER Working Papers
3047, National Bureau of Economic Research, Inc.
[Downloadable!] (restricted)
William Kerr & Robert G. King, 1996.
"Limits on interest rate rules in the IS model ,"
Economic Quarterly ,
Federal Reserve Bank of Richmond, issue Spr, pages 47-75.
[Downloadable!]
Rotemberg, Julio J, 1982.
"Sticky Prices in the United States ,"
Journal of Political Economy ,
University of Chicago Press, vol. 90(6), pages 1187-1211, December.
[Downloadable!] (restricted)
Full
references Cited by : (explanations , 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.)
McCallum, Bennett T. & Nelson, Edward, 1998.
"Nominal Income Targeting in an Open-Economy Optimizing Model ,"
Seminar Papers
644, Stockholm University, Institute for International Economic Studies.
[Downloadable!]
Other versions:
McCallum, B.T. & Nelson, E., 1998.
"Nominal Income Targeting in an Open-Economy Optimizing Model ,"
Papers
644, Stockholm - International Economic Studies.
Bennett T. McCallum & Edward Nelson, 2000.
"Nominal Income Targeting in an Open-Economy Optimizing Model ,"
NBER Working Papers
6675, National Bureau of Economic Research, Inc.
[Downloadable!] (restricted) McCallum, Bennett T. & Nelson, Edward, 1999.
"Nominal income targeting in an open-economy optimizing model ,"
Journal of Monetary Economics ,
Elsevier, vol. 43(3), pages 553-578, June.
[Downloadable!] (restricted) Carl Walsh, 2001.
"Speed Limit Policies: The Output Gap and Optimal Monetary Policy ,"
CESifo Working Paper Series
CESifo Working Paper No. , CESifo Group Munich.
[Downloadable!]
Other versions: Lars E.O. Svensson, 1998.
"Inflation Targeting as a Monetary Policy Rule ,"
NBER Working Papers
6790, National Bureau of Economic Research, Inc.
[Downloadable!] (restricted)
Other versions:
Svensson, Lars E.O., 1998.
"Inflation Targeting as a Monetary Policy Rule ,"
Seminar Papers
646, Stockholm University, Institute for International Economic Studies.
[Downloadable!] Svensson, L.E.O., 1998.
"Inflation Targeting as a Monetary Policy Rule ,"
Papers
646, Stockholm - International Economic Studies.
Svensson, Lars E O, 1998.
"Inflation Targeting as a Monetary Policy Rule ,"
CEPR Discussion Papers
1998, C.E.P.R. Discussion Papers.
[Downloadable!] (restricted) Svensson, Lars E. O., 1999.
"Inflation targeting as a monetary policy rule ,"
Journal of Monetary Economics ,
Elsevier, vol. 43(3), pages 607-654, June.
[Downloadable!] (restricted) Diana N. Weymark, 2000.
"Using Taylor Rules as Efficiency Benchmarks ,"
Working Papers
0043, Department of Economics, Vanderbilt University, revised Sep 2001.
[Downloadable!]
Glenn D. Rudebusch, 2002.
"Assessing Nominal Income Rules for Monetary Policy with Model and Data Uncertainty ,"
Economic Journal ,
Royal Economic Society, vol. 112(479), pages 402-432, April.
[Downloadable!] (restricted)
Other versions: Jean-Paul Lam, 2003.
"Alternative Targeting Regimes, Transmission Lags, and the Exchange Rate Channel ,"
Working Papers
03-39, Bank of Canada.
[Downloadable!]
Other versions: Diana N. Weymark, 2003.
"Economic Structure, Policy Objectives, and Optimal Interest Rate Policy at Low Inflation Rates ,"
Working Papers
0310, Department of Economics, Vanderbilt University.
[Downloadable!]
Other versions: Fernando Alexandre & John Drifill & Fabio Spagniolo, 2001.
"Inflation Targeting and Exchange Rate Co-ordination ,"
NIPE Working Papers
9/2001, NIPE - Universidade do Minho.
[Downloadable!]
Helmut Frisch & Sylvia Staudinger, 2002.
"Comparing Different Central Bank Targets ,"
Empirica ,
Springer, vol. 29(1), pages 11-30, March.
[Downloadable!] (restricted)
John Driffill & Zeno Rotondi, 2007.
"Inertia in Taylor Rules ,"
WEF Working Papers
0032, ESRC World Economy and Finance Research Programme, Birkbeck, University of London.
[Downloadable!]
Other versions:
Driffill, John & Rotondi, Zeno, 2007.
"Inertia in Taylor Rules ,"
CEPR Discussion Papers
6570, C.E.P.R. Discussion Papers.
[Downloadable!] (restricted) John Driffill & Zeno Rotondi, 2007.
"Inertia in Taylor Rules ,"
Birkbeck Working Papers in Economics and Finance
0720, Birkbeck, Department of Economics, Mathematics & Statistics.
[Downloadable!] Frisch, Helmut & Staudinger, Sylvia, 2000.
"Inflation Targeting versus Nominal Income Targeting ,"
CESifo Working Paper Series
CESifo Working Paper No. , CESifo Group Munich.
[Downloadable!]
Helmut Wagner, 2001.
"Implications of Globalization for Monetary Policy ,"
IMF Working Papers
01/184, International Monetary Fund.
[Downloadable!]
Kaushik Mitra, .
"Desirability of Nominal GDP Targeting Under Adaptive Learning ,"
Discussion Papers
00/60, Department of Economics, University of York.
[Downloadable!]
Other versions: Glenn D. Rudebusch & Lars E.O. Svensson, 1999.
"Eurosystem Monetary Targeting: Lessons from U.S. Data ,"
NBER Working Papers
7179, National Bureau of Economic Research, Inc.
[Downloadable!] (restricted)
Other versions:
Glenn D. Rudebusch & Lars E.O. Svensson, 1999.
"Eurosystem monetary targeting: lessons from U.S. data ,"
Working Papers in Applied Economic Theory
99-13, Federal Reserve Bank of San Francisco.
[Downloadable!] Rudebusch, Glenn & Svensson, Lars, 1999.
"Eurosystem Monetary Targeting: Lessons from U.S. Data ,"
Seminar Papers
672, Stockholm University, Institute for International Economic Studies.
[Downloadable!] Rudebusch, Glenn D & Svensson, Lars E O, 2000.
"Eurosystem Monetary Targeting: Lessons from US Data ,"
CEPR Discussion Papers
2522, C.E.P.R. Discussion Papers.
[Downloadable!] (restricted) Rudebusch, Glenn D. & Svensson, Lars E. O., 1999.
"Eurosystem Monetary Targeting: Lessons from U.S. Data ,"
Working Paper Series
92, Sveriges Riksbank (Central Bank of Sweden).
[Downloadable!] Rudebusch, G. & Svensson, L.E.O., 1999.
"Eurosystem Monetary Targeting: Lessons from U.S. Data ,"
Papers
672, Stockholm - International Economic Studies.
Rudebusch, Glenn D. & Svensson, Lars E. O., 2002.
"Eurosystem monetary targeting: Lessons from U.S. data ,"
European Economic Review ,
Elsevier, vol. 46(3), pages 417-442, March.
[Downloadable!] (restricted) Malik, Hamza, 2005.
"Price Level vs. Nominal Income Targeting: Aggregate Demand Shocks and the Cost Channel of Monetary Policy Transmission ,"
MPRA Paper
456, University Library of Munich, Germany, revised Aug 2006.
[Downloadable!]
Access and
download statistics Did you know? Citation analysis on IDEAS includes online papers that are freely accessible and whose text could be automatically analyzed, currently about 210000 papers.
This page was last updated on 2009-11-24.
This information is provided to you by IDEAS at the Department of Economics , College of Liberal Arts and Sciences , University of Connecticut using RePEc data on a server sponsored by the Society for Economic Dynamics .