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The Future of Central Banking: A Lesson from United States History

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  • Bennett T. McCallum

    (Professor, Carnegie Mellon University and National Bureau of Economic Research (E-mail: bmccallum@cmu.edu))

Abstract

This paper is being prepared for the 2010 international conference of the Institute for Monetary and Economic Studies of the Bank of Japan, "The Future of Central Banking under Globalization," to be held May 26-27, 2010, in Tokyo. I am grateful to Marvin Goodfriend for helpful discussions.

Suggested Citation

  • Bennett T. McCallum, 2010. "The Future of Central Banking: A Lesson from United States History," IMES Discussion Paper Series 10-E-14, Institute for Monetary and Economic Studies, Bank of Japan.
  • Handle: RePEc:ime:imedps:10-e-14
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    File URL: http://www.imes.boj.or.jp/research/papers/english/10-E-14.pdf
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    Cited by:

    1. Shigenori Shiratsuka & Wataru Takahashi & Yuki Teranishi & Kozo Ueda, 2010. "Future of Central Banking under Globalization: Summary of the 2010 International Conference Organized by the Institute for Monetary and Economic Studies of the Bank of Japan," Monetary and Economic Studies, Institute for Monetary and Economic Studies, Bank of Japan, vol. 28, pages 1-16, November.

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