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The determinants of monetary target credibility

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  • Peter Ferderer, J.

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  • Peter Ferderer, J., 1998. "The determinants of monetary target credibility," The Quarterly Review of Economics and Finance, Elsevier, vol. 38(4), pages 825-841.
    • Handle: RePEc:eee:quaeco:v:38:y:1998:i:4:p:825-841
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    References listed on IDEAS

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    1. Robert E. Hall & N. Gregory Mankiw, 1994. "Nominal Income Targeting," NBER Chapters, in: Monetary Policy, pages 71-94, National Bureau of Economic Research, Inc.
    2. Benjamin M. Friedman, 1988. "Lessons On Monetary Policy From The 1980's," NBER Working Papers 2551, National Bureau of Economic Research, Inc.
    3. Blackburn, Keith & Christensen, Michael, 1989. "Monetary Policy and Policy Credibility: Theories and Evidence," Journal of Economic Literature, American Economic Association, vol. 27(1), pages 1-45, March.
    4. Jerry L. Jordan, 1992. "What monetary policy can and cannot do," Economic Commentary, Federal Reserve Bank of Cleveland, issue May.
    5. Michael J. Dueker, 1995. "Narrow vs. broad measures of money as intermediate targets: some forecast results," Review, Federal Reserve Bank of St. Louis, issue Jan, pages 41-51.
    6. William D. Nordhaus, 1989. "Alternative Approaches to the Political Business Cycle," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 20(2), pages 1-68.
    7. Ben Bernanke & Frederic Mishkin, 1992. "Central Bank Behavior and the Strategy of Monetary Policy: Observations from Six Industrialized Countries," NBER Chapters, in: NBER Macroeconomics Annual 1992, Volume 7, pages 183-238, National Bureau of Economic Research, Inc.
    8. Joseph A. Ritter, 1993. "The FOMC in 1992: a monetary conundrum," Review, Federal Reserve Bank of St. Louis, issue May, pages 31-49.
    9. Frankel, Jeffrey A & Hardouvelis, Gikas A, 1985. "Commodity Prices, Money Surprises and Fed Credibility," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 17(4), pages 425-438, November.
    10. Bennett T. McCallum, 1994. "Monetary policy without monetary aggregates (conference panel discussion)," Review, Federal Reserve Bank of St. Louis, issue Mar, pages 216-218.
    11. Rogoff, Kenneth, 1987. "Reputational constraints on monetary policy," Carnegie-Rochester Conference Series on Public Policy, Elsevier, vol. 26(1), pages 141-181, January.
    12. Friedman, Benjamin M, 1988. "Lessons on Monetary Policy from the 1980s," Journal of Economic Perspectives, American Economic Association, vol. 2(3), pages 51-72, Summer.
    13. William T. Gavin & Alan C. Stockman, 1992. "A price objective for monetary policy," Economic Commentary, Federal Reserve Bank of Cleveland, issue Apr.
    14. Peter N. Ireland, 1993. "Price stability under long-run monetary targeting," Economic Quarterly, Federal Reserve Bank of Richmond, issue Win, pages 25-46.
    15. Jeffrey J. Hallman, 1992. "Uncertain inflation and price-level rules," Economic Commentary, Federal Reserve Bank of Cleveland, issue Jan.
    16. Daniel L. Thornton, 1992. "Targeting M2: the issue of monetary control," Review, Federal Reserve Bank of St. Louis, issue Jul, pages 23-35.
    17. Walsh, Carl E, 1986. "In Defense of Base Drift," American Economic Review, American Economic Association, vol. 76(4), pages 692-700, September.
    18. Jerry L. Jordan, 1993. "Credibility begins with a clear commitment to price stability," Economic Commentary, Federal Reserve Bank of Cleveland, issue Oct.
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