A Modest Proposal for Reining in the "Unorthodox" Fed
Author
Abstract
Suggested Citation
Download full text from publisher
References listed on IDEAS
- repec:aei:rpaper:39412 is not listed on IDEAS
- Desmond Lachman, 2013. "Global effects of unorthodox monetary policies," AEI Economic Perspectives, American Enterprise Institute, November.
- Brendan Brown, 2011. "The Global Curse of the Federal Reserve," Palgrave Macmillan Books, Palgrave Macmillan, number 978-0-230-31411-5, March.
- 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 151-162, May.
- Frederic S. Mishkin, 2009.
"Monetary Policy Strategy,"
MIT Press Books,
The MIT Press,
edition 1, volume 1, number 0262513374, April.
- Frederic S. Mishkin, 2007. "Monetary Policy Strategy," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262134829, April.
- Brendan Brown, 2011. "Manifesto for a Second Monetarist Revolution," Palgrave Macmillan Books, in: The Global Curse of the Federal Reserve, chapter 3, pages 72-100, Palgrave Macmillan.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- López-Enciso, Enrique Antonio & Vargas-Herrera, Hernando & Rodríguez-Niño, Norberto, 2017. "La estrategia de inflación objetivo en Colombia," Chapters, in: Uribe, José Darío (ed.), Historia del Banco de la República 1923-2015, chapter 11, pages 465-539, Banco de la Republica de Colombia.
- Akhand Akhtar Hossain, 2009. "Central Banking and Monetary Policy in the Asia-Pacific," Books, Edward Elgar Publishing, number 12777.
- Taniya Ghosh & Yadavindu Ajit, 2023. "Central bank transparency, the role of institutions and inflation persistence," Indira Gandhi Institute of Development Research, Mumbai Working Papers 2023-012, Indira Gandhi Institute of Development Research, Mumbai, India.
- Enrique A. López-Enciso & Hernando Vargas-Herrera & Norberto Rodríguez-Niño, 2016. "La estrategia de inflación objetivo en Colombia. Una visión histórica," Borradores de Economia 952, Banco de la Republica de Colombia.
- Alberto Ortiz & Federico Sturzenegger, 2007.
"Estimating Sarb'S Policy Reaction Rule,"
South African Journal of Economics, Economic Society of South Africa, vol. 75(4), pages 659-680, December.
- Alberto Ortiz & Federico Sturzenegger & Ashoka Mody, 2008. "Estimating SARB's Policy Reaction Rule," CID Working Papers 165, Center for International Development at Harvard University.
- Martin Cerisola & Gaston Gelos, 2009.
"What drives inflation expectations in Brazil? An empirical analysis,"
Applied Economics, Taylor & Francis Journals, vol. 41(10), pages 1215-1227.
- Mr. Martin D. Cerisola & Mr. Gaston Gelos, 2005. "What Drives Inflation Expectations in Brazil? An Empirical Analysis," IMF Working Papers 2005/109, International Monetary Fund.
- M.A. Akhtar, 1995. "Monetary policy goals and central bank independence," Banca Nazionale del Lavoro Quarterly Review, Banca Nazionale del Lavoro, vol. 48(195), pages 423-439.
- Ms. Francesca Castellani & Mr. Xavier Debrun, 2001. "Central Bank Independence and the Design of Fiscal Institutions," IMF Working Papers 2001/205, International Monetary Fund.
- Josh Ryan-Collins, 2015. "Is Monetary Financing Inflationary? A Case Study of the Canadian Economy, 1935-75," Economics Working Paper Archive wp_848, Levy Economics Institute.
- Ftiti, Zied & Aguir, Abdelkader & Smida, Mounir, 2017.
"Time-inconsistency and expansionary business cycle theories: What does matter for the central bank independence–inflation relationship?,"
Economic Modelling, Elsevier, vol. 67(C), pages 215-227.
- Zied Ftiti & Abdelkader Aguir & Mounir Smida, 2017. "Time-inconsistency and expansionary business cycle theories: What does matter for the central bank independence–inflation relationship?," Post-Print hal-01746100, HAL.
- Eijffinger, S.C.W. & Schaling, E., 1995.
"Optimal commitment in an open economy : Credibility vs. flexibility,"
Discussion Paper
1995-79, Tilburg University, Center for Economic Research.
- Eijffinger, S.C.W. & Schaling, E., 1995. "Optimal commitment in an open economy : Credibility vs. flexibility," Other publications TiSEM d6bf01ec-595f-43ad-a0b7-9, Tilburg University, School of Economics and Management.
- Sylvester Eijffinger & Eric Schaling, 1995. "Optimal Commitment in an Open Economy: Credibility vs. Flexibility," Bank of England working papers 41, Bank of England.
- Eijffinger, S.C.W., 1997. "Optimal commitment in an open economy : Credibility vs. flexibility," Other publications TiSEM f87d017a-7727-44bb-bf7a-5, Tilburg University, School of Economics and Management.
- Corinne Aaron-Cureau & Hubert Kempf, 2006.
"Bargaining over monetary policy in a monetary union and the case for appointing an independent central banker,"
Oxford Economic Papers, Oxford University Press, vol. 58(1), pages 1-27, January.
- Corinne Aaron-Cureau & Hubert Kempf, 2004. "Bargaining over monetary policy in a monetary union and the case for appointing an independent central banker," Money Macro and Finance (MMF) Research Group Conference 2004 85, Money Macro and Finance Research Group.
- Corinne Aaron-Cureau & Hubert Kempf, 2006. "Bargaining over monetary policy in a monetary union and the case of appointing an independent central banker," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-00177255, HAL.
- Corinne Aaron-Cureau & Hubert Kempf, 2006. "Bargaining over monetary policy in a monetary union and the case of appointing an independent central banker," Post-Print halshs-00177255, HAL.
- Martin, Fernando M., 2015.
"Debt, inflation and central bank independence,"
European Economic Review, Elsevier, vol. 79(C), pages 129-150.
- Fernando Martin, 2012. "Debt, Inflation and Central Bank Independence," 2012 Meeting Papers 1019, Society for Economic Dynamics.
- Fernando M. Martin, 2013. "Debt, inflation and central bank independence," Working Papers 2013-017, Federal Reserve Bank of St. Louis.
- John R. Freeman & Jude C. Hays & Helmut Stix, 1999. "Democracy and Markets: The Case of Exchange Rates," Working Papers 39, Oesterreichische Nationalbank (Austrian Central Bank).
- Karanasos Menelaos & Schurer Stefanie, 2008.
"Is the Relationship between Inflation and Its Uncertainty Linear?,"
German Economic Review, De Gruyter, vol. 9(3), pages 265-286, August.
- Menelaos Karanasos & Stefanie Schurer, 2008. "Is the Relationship between Inflation and Its Uncertainty Linear?," German Economic Review, Verein für Socialpolitik, vol. 9(3), pages 265-286, August.
- M. Karanasos & S. Schurer, 2006. "Is the relationship between ination and its uncertainty linear?," Computing in Economics and Finance 2006 463, Society for Computational Economics.
- Karanasos, Menelaos & Schurer, Stefanie, 2007. "Is the Relationship Between Inflation and its Uncertainty Linear?," Ruhr Economic Papers 18, RWI - Leibniz-Institut für Wirtschaftsforschung, Ruhr-University Bochum, TU Dortmund University, University of Duisburg-Essen.
- Lin, Hsin-Yi & Chu, Hao-Pang, 2013. "Are fiscal deficits inflationary?," Journal of International Money and Finance, Elsevier, vol. 32(C), pages 214-233.
- Janet L. Yellen, 2015. "Inflation Dynamics and Monetary Policy : A speech at the Philip Gamble Memorial Lecture, University of Massachusetts, Amherst, Amherst, Massachusetts, September 24, 2015," Speech 863, Board of Governors of the Federal Reserve System (U.S.).
- Crowe, Christopher & Meade, Ellen E., 2008.
"Central bank independence and transparency: Evolution and effectiveness,"
European Journal of Political Economy, Elsevier, vol. 24(4), pages 763-777, December.
- Christopher Crowe & Ellen E. Meade, 2007. "Central Bank Independence and Transparency: Evolution and Effectiveness," Working Papers 2007-20, American University, Department of Economics.
- Mr. Christopher W. Crowe & Ellen E. Meade, 2008. "Central Bank Independence and Transparency: Evolution and Effectiveness," IMF Working Papers 2008/119, International Monetary Fund.
- Berlemann, Michael & Hilscher, Kai, 2010. "Effective monetary policy conservatism: A comparison of 11 OECD countries," HWWI Research Papers 2-21, Hamburg Institute of International Economics (HWWI).
- Yessy Andriani & Prof. Prasanna Gai, 2013. "The Effect of Central Bank Independence on Price Stability: The Case of Indonesia," Bulletin of Monetary Economics and Banking, Bank Indonesia, vol. 15(4), pages 353-376, April.
More about this item
Keywords
Federal Reserve; monetary policy; inflation; Ben Bernanke;All these keywords.
Statistics
Access and download statisticsCorrections
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:jpe:journl:1225. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: the person in charge (email available below). General contact details of provider: https://edirc.repec.org/data/apeeeea.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.