Monetary instruments and policy rules in a rational expectations environment
Download full text from publisher
Other versions of this item:
- Michael Dotsey & Robert G. King, 1983. "Monetary Instruments and Policy Rules in a Rational Expectations Environment," NBER Working Papers 1114, National Bureau of Economic Research, Inc.
References listed on IDEAS
- Lucas, Robert E, Jr, 1973. "Some International Evidence on Output-Inflation Tradeoffs," American Economic Review, American Economic Association, pages 326-334.
- Lucas, Robert Jr., 1972. "Expectations and the neutrality of money," Journal of Economic Theory, Elsevier, vol. 4(2), pages 103-124, April.
- Weiss, Laurence M, 1980.
"The Role for Active Monetary Policy in a Rational Expectations Model,"
Journal of Political Economy,
University of Chicago Press, pages 221-233.
- Laurence Weiss, 1978. "The Role for Active Monetary Policy in a Rational Expectations Model," Cowles Foundation Discussion Papers 491, Cowles Foundation for Research in Economics, Yale University.
- William Poole, 1969.
"Optimal choice of monetary policy instruments in a simple stochastic macro model,"
Special Studies Papers
2, Board of Governors of the Federal Reserve System (U.S.).
- 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.).
- McCallum, Bennett T, 1980. "Rational Expectations and Macroeconomic Stabilization Policy: An Overview," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 12(4), pages 716-746, November.
- McCallum, B. T. & Whitaker, J. K., 1979.
"The effectiveness of fiscal feedback rules and automatic stabilizers under rational expectations,"
Journal of Monetary Economics,
Elsevier, pages 171-186.
- Robert E. Hall, 1978. "A Theory of the Natural Unemployment Rate and the Duration of Employment," NBER Working Papers 0251, National Bureau of Economic Research, Inc.
- Phelps, Edmund S & Taylor, John B, 1977. "Stabilizing Powers of Monetary Policy under Rational Expectations," Journal of Political Economy, University of Chicago Press, vol. 85(1), pages 163-190, February.
- Santomero, Anthony M & Siegel, Jeremy J, 1981.
"Bank Regulation and Macro-Economic Stability,"
American Economic Review,
American Economic Association, pages 39-53.
- Schmalensee, Richard., 1980. "Output and welfare implications of monopolistic third-degree price discrimination," Working papers 1095-80., Massachusetts Institute of Technology (MIT), Sloan School of Management.
- Sargent, Thomas J & Wallace, Neil, 1975. ""Rational" Expectations, the Optimal Monetary Instrument, and the Optimal Money Supply Rule," Journal of Political Economy, University of Chicago Press, vol. 83(2), pages 241-254, April.
- Howitt, Peter W, 1981. "Activist Monetary Policy under Rational Expectations," Journal of Political Economy, University of Chicago Press, vol. 89(2), pages 249-269, April.
- Barro, Robert J., 1976. "Rational expectations and the role of monetary policy," Journal of Monetary Economics, Elsevier, pages 1-32.
- William Poole, 1970. "Optimal Choice of Monetary Policy Instruments in a Simple Stochastic Macro Model," The Quarterly Journal of Economics, Oxford University Press, vol. 84(2), pages 197-216.
CitationsCitations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
- Jürgen Hagen & Manfred Neumann, 1990. "Relative price risk in an open economy with fixed and flexible exchange rates," Open Economies Review, Springer, pages 269-289.
- Robert L. Hetzel, 2004. "How do central banks control inflation?," Economic Quarterly, Federal Reserve Bank of Richmond, issue Sum, pages 46-63.
- Bali, Turan G. & Thurston, Thom B., 2002. "On the efficiency of monetary policy rules with flexible prices and rational expectations," Journal of Economics and Business, Elsevier, pages 615-631.
- Robert L. Hetzel, 1993. "A quantity theory framework for monetary policy," Economic Quarterly, Federal Reserve Bank of Richmond, issue Sum, pages 35-48.
- Thomas Doan & Robert B. Litterman & Christopher A. Sims, 1983.
"Forecasting and Conditional Projection Using Realistic Prior Distributions,"
NBER Working Papers
1202, National Bureau of Economic Research, Inc.
- Warren E. Weber, 1984. "Output variability in an open-economy macro model with variance-dependent parameters," Staff Report 94, Federal Reserve Bank of Minneapolis.
- John H. Boyd & Michael Dotsey, 1990. "Interest rate rules and nominal determinacy," Working Paper 90-01, Federal Reserve Bank of Richmond.
- Peter Stemp, 1993.
"Optimal money supply rules under asymmetric objective criteria,"
Journal of Economics,
Springer, pages 215-232.
- Lahiri, Sajal & Ono, Yoshiyasu, 1994. "Asymmetric Oligopoly, International Trade, and Welfare: Synthesis," Economics Discussion Papers 10032, University of Essex, Department of Economics.
- Robert L. Hetzel, 1986. "A critique of theories of money stock determination," Working Paper 86-06, Federal Reserve Bank of Richmond.
- Bindseil, Ulrich, 1997. "Die Stabilisierungswirkungen von Mindestreserven," Discussion Paper Series 1: Economic Studies 1997,01, Deutsche Bundesbank, Research Centre.
- Dotsey, Michael & King, Robert G, 1986. "Informational Implications of Interest Rate Rules," American Economic Review, American Economic Association, pages 33-42.
- Michael Dotsey, 1987. "Monetary control under alternative operating procedures," Working Paper 87-05, Federal Reserve Bank of Richmond.
- Robert L. Hetzel, 1988. "The monetary responsibilities of a central bank," Economic Review, Federal Reserve Bank of Richmond, issue Sep, pages 19-31.
- Michael Dotsey & Robert G. King, 1984. "Informational implications of interest rate rules," Working Paper 84-08, Federal Reserve Bank of Richmond.
More about this item
StatisticsAccess and download statistics
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:moneco:v:12:y:1983:i:3:p:357-382. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Dana Niculescu). General contact details of provider: http://www.elsevier.com/locate/inca/505566 .