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Targeting Monetary Aggregates and Inflation in Europe Author info | Abstract | Publisher info | Download info | Related research | Statistics Cukierman, A.
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The recent quest for price stability with the relative success of the Bundesbank in maintaining low inflation induced a good number of countries in Europe and elswhere to reconsider the legal foundations of the institutions that formulate and implement monetary policy.
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Paper provided by Tel Aviv in its series Papers with number
37-96.
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Length: 29 pages
Date of creation: 1996Date of revision:
Handle: RePEc:fth:teavfo:37-96Contact details of provider: Postal: Israel TEL-AVIV UNIVERSITY, THE FOERDER INSTITUTE FOR ECONOMIC RESEARCH, RAMAT AVIV 69 978 TEL AVIV ISRAEL. Phone: 972-3-640-9255 Fax: 972-3-640-5815 Email: Web page: http://econ.tau.ac.il/research/foerder.asp More information through EDIRC
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Keywords: FINANCIAL POLICY ; INFLATION ; Other versions of this item:
Find related papers by JEL classification: E64 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Incomes Policy; Price Policy E65 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Studies of Particular Policy Episodes
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.:
Cukierman, Alex & Kalaitzidakis, Pantelis & Summers, Lawrence H. & Webb, Steven B., 1993.
"Central bank independence, growth, investment, and real rates ,"
Carnegie-Rochester Conference Series on Public Policy ,
Elsevier, vol. 39(1), pages 95-140, December.
[Downloadable!] (restricted)
Herrendorf, Berthold, 1999.
"Transparency, reputation, and credibility under floating and pegged exchange rates ,"
Journal of International Economics ,
Elsevier, vol. 49(1), pages 31-50, October.
[Downloadable!] (restricted)
Cukierman, Alex & Liviatan, Nissan, 1991.
"Optimal accommodation by strong policymakers under incomplete information ,"
Journal of Monetary Economics ,
Elsevier, vol. 27(1), pages 99-127, February.
[Downloadable!] (restricted)
Other versions: Bennett T. McCallum, 1995.
"Two Fallacies Concerning Central Bank Independence ,"
NBER Working Papers
5075, National Bureau of Economic Research, Inc.
[Downloadable!] (restricted)
Other versions: Cukierman, Alex & Webb, Steven B, 1995.
"Political Influence on the Central Bank: International Evidence ,"
World Bank Economic Review ,
Oxford University Press, vol. 9(3), pages 397-423, September.
Other versions: Barro, Robert J & Gordon, David B, 1983.
"A Positive Theory of Monetary Policy in a Natural Rate Model ,"
Journal of Political Economy ,
University of Chicago Press, vol. 91(4), pages 589-610, August.
[Downloadable!] (restricted)
Other versions: José Viñals & Charles Goodhart, 1994.
"Strategy and Tactics of Monetary Policy: Examples from Europe and the Antipodes ,"
FMG Special Papers
sp61, Financial Markets Group.
[Downloadable!] (restricted)
Svensson, Lars E O, 1995.
"Optimal Inflation Targets, 'Conservative' Central Banks, and Linear Inflation Contracts ,"
CEPR Discussion Papers
1249, C.E.P.R. Discussion Papers.
[Downloadable!] (restricted)
Other versions:
Svensson, L.E.O., 1995.
"Optimal Inflation Targets, 'Conservative' Central Banks, and Linear Inflation Contracts ,"
Papers
595, Stockholm - International Economic Studies.
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.
[Downloadable!] (restricted) Svensson, Lars E O, 1997.
"Optimal Inflation Targets, "Conservative" Central Banks, and Linear Inflation Contracts ,"
American Economic Review ,
American Economic Association, vol. 87(1), pages 98-114, March.
[Downloadable!] (restricted) Cukierman, A. & Sokoler, M., 1988.
"Monetary Policy And Institutions In Israel Past, Present And Future ,"
Papers
17-88, Tel Aviv.
Cukierman, Alex & Meltzer, Allan H, 1986.
"A Theory of Ambiguity, Credibility, and Inflation under Discretion and Asymmetric Information ,"
Econometrica ,
Econometric Society, vol. 54(5), pages 1099-1128, September.
[Downloadable!] (restricted)
Charles A. E. Goodhart & Jose Vinals, 1994.
"Strategy an tactics of monetary policy: examples from Europe and the Antipodes ,"
Conference Series ; [Proceedings] ,
Federal Reserve Bank of Boston, pages 139-194.
[Downloadable!]
Svensson, Lars E O, 1999.
"Price-Level Targeting versus Inflation Targeting: A Free Lunch? ,"
Journal of Money, Credit and Banking ,
Blackwell Publishing, vol. 31(3), pages 277-95, August.
Other versions: Garfinkel, Michelle R & Oh, Seonghwan, 1993.
"Strategic Discipline in Monetary Policy with Private Information: Optimal Targeting Horizons ,"
American Economic Review ,
American Economic Association, vol. 83(1), pages 99-117, March.
Charles Goodhart & José Viñals, 1994.
"Strategy and Tactics of Monetary Policy: Examples from Europe and the Antipodes ,"
Banco de España Working Papers
9425, Banco de España.
Guy Debelle & Stanley Fischer, 1994.
"How independent should a central bank be? ,"
Working Papers in Applied Economic Theory
94-05, Federal Reserve Bank of San Francisco.
Other versions: Cukierman, Alex & Leiderman, Leonardo & Spiegel, Yossi, 1994.
"Choosing the Width of Exchange Rate Bands - Credibility vs. Flexibility ,"
CEPR Discussion Papers
907, C.E.P.R. Discussion Papers.
[Downloadable!] (restricted)
Alesina, Alberto & Summers, Lawrence H, 1993.
"Central Bank Independence and Macroeconomic Performance: Some Comparative Evidence ,"
Journal of Money, Credit and Banking ,
Blackwell Publishing, vol. 25(2), pages 151-62, May.
[Downloadable!] (restricted)
Charles Goodhart & José Viñals, 1994.
"Strategy and Tactics of Monetary Policy: Examples from Europe and the Antipodes ,"
Banco de España Working Papers
9425, Banco de España.
Persson, Torsten & Tabellini, Guido, 1993.
"Designing institutions for monetary stability ,"
Carnegie-Rochester Conference Series on Public Policy ,
Elsevier, vol. 39(1), pages 53-84, December.
[Downloadable!] (restricted)
Cukierman, Alex, 1994.
"Central Bank Independence and Monetary Control ,"
Economic Journal ,
Royal Economic Society, vol. 104(427), pages 1437-48, November.
[Downloadable!] (restricted)
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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.)
Karen Cabos & Michael Funke & Nikolaus A. Siegfried, 1999.
"Some Thoughts on Monetary Targeting vs. Inflation Targeting ,"
Quantitative Macroeconomics Working Papers
19912, Hamburg University, Department of Economics.
[Downloadable!]
Other versions: Helmut Frisch & Sylvia Staudinger, 2002.
"Comparing Different Central Bank Targets ,"
Empirica ,
Springer, vol. 29(1), pages 11-30, March.
[Downloadable!] (restricted)
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