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Suitable policy instruments for monetary rules

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  • Thornton, Saranna R.

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  • Thornton, Saranna R., 1998. "Suitable policy instruments for monetary rules," Journal of Economics and Business, Elsevier, vol. 50(4), pages 379-397, July.
  • Handle: RePEc:eee:jebusi:v:50:y:1998:i:4:p:379-397
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    1. Friedman, Benjamin M., 1988. "Conducting monetary policy by controlling currency plus noise : A comment," Carnegie-Rochester Conference Series on Public Policy, Elsevier, vol. 29(1), pages 205-212, January.
    2. John B. Carlson & Benjamin D. Keen, 1995. "M2 growth in 1995: a return to normalcy?," Economic Commentary, Federal Reserve Bank of Cleveland, issue Dec.
    3. Sean Becketti & Charles S. Morris, 1992. "Does money still forecast economic activity?," Economic Review, Federal Reserve Bank of Kansas City, vol. 77(Q IV), pages 65-77.
    4. John P. Judd & Brian Motley, 1992. "Controlling inflation with an interest rate instrument," Economic Review, Federal Reserve Bank of San Francisco, pages 3-22.
    5. McCallum, Bennett T., 1990. "Could a monetary base rule have prevented the great depression?," Journal of Monetary Economics, Elsevier, vol. 26(1), pages 3-26, August.
    6. Todd E. Clark, 1994. "Nominal GDP targeting rules: can they stabilize the economy?," Economic Review, Federal Reserve Bank of Kansas City, vol. 79(Q III), pages 11-25.
    7. Bennett T. McCallum, 1993. "Specification and Analysis of a Monetary Policy Rule for Japan," Monetary and Economic Studies, Institute for Monetary and Economic Studies, Bank of Japan, vol. 11(2), pages 1-45, December.
    8. Yash P. Mehra, 1997. "A review of the recent behavior of M2 demand," Economic Quarterly, Federal Reserve Bank of Richmond, issue Sum, pages 27-44.
    9. David J. Petersen, 1995. "Monetary aggregates, payments technology, and institutional factors," Economic Review, Federal Reserve Bank of Atlanta, vol. 80(Nov), pages 30-37.
    10. Friedman, Benjamin M & Kuttner, Kenneth N, 1992. "Money, Income, Prices, and Interest Rates," American Economic Review, American Economic Association, vol. 82(3), pages 472-492, June.
    11. John P. Judd & Brian Motley, 1993. "Using a nominal GDP rule to guide discretionary monetary policy," Economic Review, Federal Reserve Bank of San Francisco, pages 3-11.
    12. Thornton, Saranna R., 1993. "Can forecast-based monetary policy be more successful than a rule?," Journal of Economics and Business, Elsevier, vol. 45(3-4), pages 231-245.
    13. Robert Rasche, 1995. "Pitfalls in counterfactual analyses of policy rules," Open Economies Review, Springer, vol. 6(3), pages 199-202, July.
    14. Mccallum, Bennet T., 1988. "Robustness properties of a rule for monetary policy," Carnegie-Rochester Conference Series on Public Policy, Elsevier, vol. 29(1), pages 173-203, January.
    15. Engle, Robert F. & Yoo, Byung Sam, 1987. "Forecasting and testing in co-integrated systems," Journal of Econometrics, Elsevier, vol. 35(1), pages 143-159, May.
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