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The Optimal Degree of Commitment to an Intermediate Monetary Target
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As found by EconAcademics.org, the blog aggregator for Economics research:- Here Are The Challenges For Monetary Policy Communication
by Jeremy Stein, Board Of Governors Of The Federal Reserve System in Business Insider on 2014-05-07 04:09:00 - Central Bank Independence, Transparency, and Accountability
by Guest Author in the big picture on 2010-05-31 17:30:15
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Cited by:
- repec:bla:jecsur:v:14:y:2000:i:5:p:527-61 is not listed on IDEAS
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- Christoph Moser & Axel Dreher, 2010.
"Do Markets Care about Central Bank Governor Changes? Evidence from Emerging Markets,"
Journal of Money, Credit and Banking, Blackwell Publishing, vol. 42(8), pages 1589-1612, December.
- Christoph Moser & Axel Dreher, 2010. "Do Markets Care about Central Bank Governor Changes? Evidence from Emerging Markets," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 42(8), pages 1589-1612, December.
- Christoph Moser & Axel Dreher, 2007. "Do Markets Care about Central Bank Governor Changes? Evidence from Emerging Markets," CESifo Working Paper Series 2177, CESifo.
- Dreher, Axel & Moser, Christoph, 2008. "Do Markets Care About Central Bank Governor Changes? Evidence from Emerging Markets," Proceedings of the German Development Economics Conference, Zurich 2008 29, Verein für Socialpolitik, Research Committee Development Economics.
- Christoph Moser & Axel Dreher, 2007. "Do Markets Care About Central Bank Governor Changes? Evidence from Emerging Markets," KOF Working papers 07-177, KOF Swiss Economic Institute, ETH Zurich.
- Persson, Torsten & Tabellini, Guido, 2002.
"Political economics and public finance,"
Handbook of Public Economics, in: A. J. Auerbach & M. Feldstein (ed.), Handbook of Public Economics, edition 1, volume 3, chapter 24, pages 1549-1659,
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- Torsten Persson & Guido Tabellini, "undated". "Political Economics and Public Finance," Working Papers 149, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University.
- Torsten Persson & Guido Tabellini, 1999. "Political Economics and Public Finance," NBER Working Papers 7097, National Bureau of Economic Research, Inc.
- Persson, Torsten & Tabellini, Guido, 1999. "Political Economics and Public Finance," CEPR Discussion Papers 2235, C.E.P.R. Discussion Papers.
- Jeffrey A. Frankel, 2003.
"Experience of and Lessons from Exchange Rate Regime in Emerging Economies,"
NBER Working Papers
10032, National Bureau of Economic Research, Inc.
- Frankel, Jeffrey, 2003. "Experience of and Lessons from Exchange Rate Regimes in Emerging Economies," Working Paper Series rwp03-011, Harvard University, John F. Kennedy School of Government.
- Emmanuel Carré & Jézabel Couppey-Soubeyran & Dominique Plihon & Marc Pourroy, 2013. "Central Banking after the Crisis: Brave New World or Back to the Future?," Documents de travail du Centre d'Economie de la Sorbonne 13073, Université Panthéon-Sorbonne (Paris 1), Centre d'Economie de la Sorbonne.
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- Arayssi, Mahmoud, 2014. "Nominal Income and Inflation Targeting," MPRA Paper 62066, University Library of Munich, Germany.
- Ramon Moreno, 2001. "Pegging and stabilization policy in developing countries," Economic Review, Federal Reserve Bank of San Francisco, pages 17-29.
- Laussel, Didier, 2002. "Delegation effects in representative democracies: do they foster extremism?," Journal of Public Economics, Elsevier, vol. 85(2), pages 191-205, August.
- Conconi, Paola & Perroni, Carlo, 2009.
"Do credible domestic institutions promote credible international agreements?,"
Journal of International Economics, Elsevier, vol. 79(1), pages 160-170, September.
- Perroni, Carlo & Conconi, Paola, 2006. "Do Credible Domestic Institutions Promote Credible International Agreements?," CEPR Discussion Papers 5762, C.E.P.R. Discussion Papers.
- Paola Conconi & Carlo Perroni, 2009. "Do Credible Domestic Institutions Promote Credible International Agreements?," ULB Institutional Repository 2013/98549, ULB -- Universite Libre de Bruxelles.
- Silvia Marchesi & Laura Sabani & Axel Dreher, 2009.
"Agency and communicaton in IMF conditional lending: Theory and empirical evidence,"
KOF Working papers
09-218, KOF Swiss Economic Institute, ETH Zurich.
- Silva Marchesi & Laura Sabani & Axel Dreher, 2009. "Agency and communication in IMF conditional lending: theory and empirical evidence," Ibero America Institute for Econ. Research (IAI) Discussion Papers 183, Ibero-America Institute for Economic Research.
- Silvia Marchesi & Laura Sabani & Axel Dreher, 2009. "Agency and communication in IMF conditional lending: theory and empirical evidence," Working Papers 151, University of Milano-Bicocca, Department of Economics, revised Feb 2009.
- Silvia Marchesi & Laura Sabani & Axel Dreher, 2009. "Agency and Communication in IMF Conditional Lending: Theory and Empirical Evidence," CESifo Working Paper Series 2574, CESifo.
- Marchesi, Silvia & Sabani, Laura & Dreher, Axel, 2009. "Agency and Communication in IMF Conditional Lending: Theory and Empirical Evidence," IZA Discussion Papers 4041, Institute of Labor Economics (IZA).
- Helge Berger & Jan-Egbert Sturm & Jakob de Haan & Jakob de Haan, 2001. "Capital Controls and Exchange Rate Regimes: An Empirical Investigation," CESifo Working Paper Series 433, CESifo.
- Jean Barthelemy & Eric Mengus, 2017.
"Credibility and Monetary Policy,"
Working Papers
hal-01970733, HAL.
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"Financial Liberalisations in Latin America in the 1990s: A Reassessment,"
The World Economy, Wiley Blackwell, vol. 28(7), pages 959-983, July.
- Joshua Aizenman, 2005. "Financial Liberalization in Latin-America in the 1990s: A Reassessment," NBER Working Papers 11145, National Bureau of Economic Research, Inc.
- Aizenman, Joshua, 2005. "Financial Liberalizations in Latin-America in the 1990s: A Reassessment," Santa Cruz Department of Economics, Working Paper Series qt6cb8b11h, Department of Economics, UC Santa Cruz.
- Aizenman, Joshua, 2005. "Financial Liberalizations in Latin-America in the 1990s: A Reassessment," Santa Cruz Department of Economics, Working Paper Series qt8g77c9dh, Department of Economics, UC Santa Cruz.
- Aizenman, Joshua, 2005. "Financial Liberalizations in Latin-America in the 1990s: A Reassessment," Santa Cruz Center for International Economics, Working Paper Series qt6cb8b11h, Center for International Economics, UC Santa Cruz.
- Ehrmann, Michael & Smets, Frank, 2003.
"Uncertain potential output: implications for monetary policy,"
Journal of Economic Dynamics and Control,
Elsevier, vol. 27(9), pages 1611-1638, July.
- Michael Ehrmann and Frank Smets, 2001. "Uncertain Potential Output: Implications for Monetary Policy," Computing in Economics and Finance 2001 8, Society for Computational Economics.
- Ehrmann, Michael & Smets, Frank, 2001. "Uncertain potential output: implications for monetary policy," Working Paper Series 0059, European Central Bank.
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- Paul Klein & Per Krusell & José-Víctor Ríos-Rull, 2004.
"Time-Consistent Public Expenditures,"
Levine's Bibliography
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- Cukierman, Alex & Lippi, Francesco, 1999.
"Central bank independence, centralization of wage bargaining, inflation and unemployment:: Theory and some evidence,"
European Economic Review, Elsevier, vol. 43(7), pages 1395-1434, June.
- Cukierman, A. & Lippi, F., 1998. "Central Bank Independence, Centralization of Wage Bargaining, Inflation and Unemployment - Theory and Some Evidence," Discussion Paper 1998-116, Tilburg University, Center for Economic Research.
- Cukierman, A. & Lippi, F., 1998. "Central Bank Independence, Centralization of Wage Bargaining, Inflation and Unemployment - Theory and Some Evidence," Other publications TiSEM 887701f0-62c3-4059-9d6d-e, Tilburg University, School of Economics and Management.
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- Garfinkel, Michelle R. & Oh, Seonghwan, 1995.
"When and how much to talk credibility and flexibility in monetary policy with private information,"
Journal of Monetary Economics, Elsevier, vol. 35(2), pages 341-357, April.
- Michelle R. Garfinkel & Seonghwan Oh, 1990. "When and How Much to Talk: Credibility and Flexibility in Monetary Policy With Private Information," UCLA Economics Working Papers 593, UCLA Department of Economics.
- Michelle R. Garfinkel & Seonghwan Oh, 1990. "When and how much to talk: credibility and flexibility in monetary policy with private information," Working Papers 1990-004, Federal Reserve Bank of St. Louis.
- Orphanides, Athanasios & Williams, John C., 2008.
"Learning, expectations formation, and the pitfalls of optimal control monetary policy,"
Journal of Monetary Economics, Elsevier, vol. 55(Supplemen), pages 80-96, October.
- Athanasios Orphanides & John C. Williams, 2008. "Learning, expectations formation and the pitfalls of optimal control monetary policy," Working Paper Series 2008-05, Federal Reserve Bank of San Francisco.
- Athanasios Orphanides & John C. Williams, 2008. "Learning, Expectations Formation, and the Pitfalls of Optimal Control Monetary Policy," Working Papers 2008-3, Central Bank of Cyprus.
- Athanasios Orphanides & John C. Williams, 2008. "Learning, Expectations Formation, And The Pitfalls Of Optimal Control Monetary Policy," CAMA Working Papers 2008-17, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.
- Cukierman, Alex & Spiegel, Yossi & Leiderman, Leonardo, 2004.
"The choice of exchange rate bands: balancing credibility and flexibility,"
Journal of International Economics, Elsevier, vol. 62(2), pages 379-408, March.
- Cukierman, Alex & Kiguel, Miguel A., 1993. "The Choice of Exchange Rate Bands: Balancing Credibility and Flexibiilty," Foerder Institute for Economic Research Working Papers 275572, Tel-Aviv University > Foerder Institute for Economic Research.
- Cukierman, A. & Kiguel, M.A. & Leiderman, L., 1993. "The Choice of Exchange Rate Bands: Balancing Credibility and Flexibility," Papers 1-93, Tel Aviv - the Sackler Institute of Economic Studies.
- Nicolas Eber, 2002. "Credibility and Independence of the World Anti-Doping Agency," Journal of Sports Economics, , vol. 3(1), pages 90-96, February.
- Alberto Alesina & Guido Tabellini, 2003.
"Bureaucrats or Politicians?,"
Working Papers
238, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University.
- Alberto Alesina & Guido Tabellini, 2004. "Bureaucrats or Politicians?," CESifo Working Paper Series 1130, CESifo.
- Alberto Alesina & Guido Tabellini, 2003. "Bureaucrats or Politicians?," Harvard Institute of Economic Research Working Papers 2009, Harvard - Institute of Economic Research.
- Alberto Alesina & Guido Tabellini, 2005. "Bureaucrats or Politicians?," Levine's Working Paper Archive 784828000000000638, David K. Levine.
- Tabellini, Guido & Alesina, Alberto, 2004. "Bureaucrats or Politicians?," CEPR Discussion Papers 4252, C.E.P.R. Discussion Papers.
- Alberto Alesina & Guido Tabellini, 2004. "Bureaucrats or Politicians?," NBER Working Papers 10241, National Bureau of Economic Research, Inc.
- Li, Jingyuan & Liu, Yongming & Tian, Guoqiang, 2009. "A reputation strategic model of monetary policy in continuous-time," Journal of Macroeconomics, Elsevier, vol. 31(4), pages 523-533, December.
- Pablo Ottonello & Diego J. Perez, 2019.
"The Currency Composition of Sovereign Debt,"
American Economic Journal: Macroeconomics, American Economic Association, vol. 11(3), pages 174-208, July.
- Diego Perez & Pablo Ottonello, 2016. "The Currency Composition of Sovereign Debt," 2016 Meeting Papers 596, Society for Economic Dynamics.
- repec:bla:scandj:v:102:y:2000:i:4:p:621-43 is not listed on IDEAS
- Demertzis, Maria & Hughes Hallett, Andrew, 2007.
"Central Bank transparency in theory and practice,"
Journal of Macroeconomics, Elsevier, vol. 29(4), pages 760-789, December.
- Hughes Hallett, Andrew & Demertzis, Maria, 2002. "Central Bank Transparency in Theory and Practice," CEPR Discussion Papers 3639, C.E.P.R. Discussion Papers.
- Demertzis, Maria & Andrew Hughes Hallett, 2003. "Central Bank Transparency in Theory and Practice," Royal Economic Society Annual Conference 2003 56, Royal Economic Society.
- Maria Demertzis & Andrew Hughes Hallett, 2004. "Central bank transparency in theory and practice," Money Macro and Finance (MMF) Research Group Conference 2003 23, Money Macro and Finance Research Group.
- DEMERTZIS Maria & HUGHES HALLETT Andrew, 2010. "Central Bank Transparency in Theory and Practice," EcoMod2003 330700041, EcoMod.
- Obstfeld, Maurice, 1997.
"Destabilizing effects of exchange-rate escape clauses,"
Journal of International Economics, Elsevier, vol. 43(1-2), pages 61-77, August.
- Obstfeld, Maurice, 1991. "Destabilizing Effects of Exchange-Rate Escape Clauses," CEPR Discussion Papers 518, C.E.P.R. Discussion Papers.
- Maurice Obstfeld., 1996. "Destabilizing Effects of Exchange-Rate Escape Clauses," Center for International and Development Economics Research (CIDER) Working Papers C96-075, University of California at Berkeley.
- Obstfeld, Maurice, 1996. "Destabilizing Effects of Exchange-Rate Escape Clauses," Center for International and Development Economics Research (CIDER) Working Papers 233439, University of California-Berkeley, Department of Economics.
- Obstfeld, Maurice, 1996. "Destabilizing Effects of Exchange-Rate Escape Clauses," Department of Economics, Working Paper Series qt15n3p5dt, Department of Economics, Institute for Business and Economic Research, UC Berkeley.
- Maurice Obstfeld, 1991. "Destabilizing Effects of Exchange-Rate Escape Clauses," NBER Working Papers 3603, National Bureau of Economic Research, Inc.
- van der Ploeg, Frederick, 2006.
"The Making of Cultural Policy: A European Perspective,"
Handbook of the Economics of Art and Culture, in: V.A. Ginsburgh & D. Throsby (ed.), Handbook of the Economics of Art and Culture, edition 1, volume 1, chapter 34, pages 1183-1221,
Elsevier.
- Frederick Van der Ploeg, 2005. "The Making of Cultural Policy: A European Perspective," CESifo Working Paper Series 1524, CESifo.
- Gruener Hans Peter & Hayo Bernd & Hefeker Carsten, 2009.
"Unions, Wage Setting and Monetary Policy Uncertainty,"
The B.E. Journal of Macroeconomics, De Gruyter, vol. 9(1), pages 1-25, October.
- Grüner, Hans Peter & Hayo, Bernd & Hefeker, Carsten, 2005. "Unions, wage setting and monetary policy uncertainty," Working Paper Series 490, European Central Bank.
- Bertsch, Christoph & Hull, Isaiah & Lumsdaine, Robin L. & Zhang, Xin, 2024. "Four Facts about International Central Bank Communication," Working Paper Series 432, Sveriges Riksbank (Central Bank of Sweden).
- Francesca Castellani & Xavier Debrun, 2005. "Designing Macroeconomic Frameworks: A Positive Analysis of Monetary and Fiscal Delegation," International Finance, Wiley Blackwell, vol. 8(1), pages 87-117, March.
- Frederick Ploeg, 2010. "Political economy of prudent budgetary policy," International Tax and Public Finance, Springer;International Institute of Public Finance, vol. 17(3), pages 295-314, June.
- Gaballo, Gaetano & Mengus, Eric, 2023.
"Myopic fiscal objectives and long-Run monetary efficiency,"
Journal of Monetary Economics, Elsevier, vol. 136(C), pages 1-17.
- Gaballo, Gaetano & Mengus, Eric, 2022. "Myopic Fiscal Objectives and Long-Run Monetary Efficiency," CEPR Discussion Papers 17360, C.E.P.R. Discussion Papers.
- Cukierman, A., 1996.
"Targeting Monetary Aggregates and Inflation in Europe,"
Papers
37-96, Tel Aviv.
- Cukierman, A., 1996. "Targeting Monetary Aggregatesand Inflation in Europe," Discussion Paper 1996-32, Tilburg University, Center for Economic Research.
- Cukierman, A., 1996. "Targeting Monetary Aggregatesand Inflation in Europe," Other publications TiSEM 36ef8b04-a72a-4f96-8c15-a, Tilburg University, School of Economics and Management.
- Carl E. Walsh, 2003.
"Implications of a changing economic structure for the strategy of monetary policy,"
Proceedings - Economic Policy Symposium - Jackson Hole, Federal Reserve Bank of Kansas City, pages 297-348.
- Walsh, Carl E., 2004. "Implications of a Changing Economic Structure for the Strategy of Monetary Policy," Santa Cruz Center for International Economics, Working Paper Series qt84g1q1g6, Center for International Economics, UC Santa Cruz.
- Walsh, Carl E., 2004. "Implications of a Changing Economic Structure for the Strategy of Monetary Policy," Santa Cruz Department of Economics, Working Paper Series qt84g1q1g6, Department of Economics, UC Santa Cruz.
- Svensson, Lars E. O., 1997.
"Inflation forecast targeting: Implementing and monitoring inflation targets,"
European Economic Review, Elsevier, vol. 41(6), pages 1111-1146, June.
- Lars E. O. Svensson, 1996. "Inflation Forecast Targeting: Implementing and Monitoring Inflation Targets," NBER Working Papers 5797, National Bureau of Economic Research, Inc.
- Svensson, Lars E.O., 1997. "Inflation Forecast Targeting: Implementing and Monitoring Inflation Targets," Seminar Papers 615, Stockholm University, Institute for International Economic Studies.
- Svensson, Lars E O, 1996. "Inflation Forecast Targeting: Implementing and Monitoring Inflation Targets," CEPR Discussion Papers 1511, C.E.P.R. Discussion Papers.
- Svensson, L-E-O, 1996. "Inflation Forecast Targeting : Implementaing and Monitoring Inflation Targets," Papers 615, Stockholm - International Economic Studies.
- Lars E O Svensson, 1996. "Inflation Forecast Targeting: Implementing and Monitoring Inflation Targets," Bank of England working papers 56, Bank of England.
- Gersbach, Hans & Liu, Yulin & Tischhauser, Martin, 2021.
"Versatile forward guidance: escaping or switching?,"
Journal of Economic Dynamics and Control, Elsevier, vol. 127(C).
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- Tillmann, Peter, 2012.
"Cross-checking optimal monetary policy with information from the Taylor rule,"
Economics Letters, Elsevier, vol. 117(1), pages 204-207.
- Peter Tillmann, 2011. "Cross-Checking Optimal Monetary Policy with Information from the Taylor Rule," MAGKS Papers on Economics 201132, Philipps-Universität Marburg, Faculty of Business Administration and Economics, Department of Economics (Volkswirtschaftliche Abteilung).
- Amélie BARBIER-GAUCHARD & Francesco De PALMA & Thierry BETTI, 2020. "Monetary policy with weakened unions," Working Papers of BETA 2020-26, Bureau d'Economie Théorique et Appliquée, UDS, Strasbourg.
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"Inflation targeting and fiscal policy volatility: Evidence from developing countries,"
Journal of International Money and Finance, Elsevier, vol. 141(C).
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"Imperfect Knowledge and the Pitfalls of Optimal Control Monetary Policy,"
Central Banking, Analysis, and Economic Policies Book Series, in: Klaus Schmidt-Hebbel & Carl E. Walsh & Norman Loayza (Series Editor) & Klaus Schmidt-Hebbel (Series (ed.),Monetary Policy under Uncertainty and Learning, edition 1, volume 13, chapter 4, pages 115-144,
Central Bank of Chile.
- Athanasios Orphanides & John C. Williams, 2008. "Imperfect Knowledge And The Pitfalls Of Optimal Control Monetary Policy," Working Papers Central Bank of Chile 499, Central Bank of Chile.
- Athanasios Orphanides & John C. Williams, 2008. "Imperfect knowledge and the pitfalls of optimal control monetary policy," Working Paper Series 2008-09, Federal Reserve Bank of San Francisco.
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European Economic Review, Elsevier, vol. 46(10), pages 1825-1850, December.
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CEPR Discussion Papers
2328, C.E.P.R. Discussion Papers.
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International Economic Association Series, in: Holger C. Wolf (ed.), Contemporary Economic Issues, chapter 3, pages 37-82,
Palgrave Macmillan.
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- Cukierman, A., 1996. "The Economics of Central Banking," Other publications TiSEM e8f7a23c-1058-4c68-b6b5-d, Tilburg University, School of Economics and Management.
- Cukierman, A., 1996. "The Economics of Central Banking," Discussion Paper 1996-31, Tilburg University, Center for Economic Research.
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- Nir Klein, 2004. "Collective Bargaining and Its Effect on the Central Bank Conservatism: Theory and Some Evidence," Bank of Israel Working Papers 2004.07, Bank of Israel.
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Working Papers (Old Series)
0610, Federal Reserve Bank of Cleveland.
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- Combes, J.-L. & Combes Motel, P. & Minea, A. & Villieu, P., 2015.
"Deforestation and seigniorage in developing countries: A tradeoff?,"
Ecological Economics, Elsevier, vol. 116(C), pages 220-230.
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- Jean-Louis Combes & Pascale Combes Motel & Alexandru Minea & Patrick Villieu, 2015. "Deforestation and Seigniorage in Developing Countries: A Tradeoff?," Working Papers halshs-00939273, HAL.
- Jean-Louis Combes & Pascale Combes Motel & Alexandru Minea & Patrick Villieu, 2015. "Deforestation and Seigniorage in Developing Countries: A Tradeoff?," Post-Print halshs-01167201, HAL.
- Jean-Louis Combes & Pascale Combes Motel & Alexandru Minea & Patrick Villieu, 2015. "Deforestation and Seigniorage in Developing Countries: A Tradeoff?," CERDI Working papers halshs-00939273, HAL.
- Christina D. Romer & David H. Romer, 1997.
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NBER Chapters, in: Reducing Inflation: Motivation and Strategy, pages 307-334,
National Bureau of Economic Research, Inc.
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- Beetsma, R.M.W.J. & Bovenberg, A.L., 1995.
"The interaction of fiscal and monetary policy in a monetary union : Balancing credibility and flexibility,"
Discussion Paper
1995-101, Tilburg University, Center for Economic Research.
- Beetsma, R. & Bovenberg, A.L., 1996. "The interaction of fiscal and monetary policy in a monetary union: balancing credibility and flexibility," Research Memorandum 006, Maastricht University, Maastricht Research School of Economics of Technology and Organization (METEOR).
- Beetsma, R.M.W.J. & Bovenberg, A.L., 1995. "The Interaction of Fiscal and Monetary Policy in a Monetary Union: Balancing Credibility and Flexibility," DELTA Working Papers 95-24, DELTA (Ecole normale supérieure).
- Beetsma, R.M.W.J. & Bovenberg, A.L., 1995. "The interaction of fiscal and monetary policy in a monetary union : Balancing credibility and flexibility," Other publications TiSEM f6a15171-b493-42a5-ac41-8, Tilburg University, School of Economics and Management.
- Eijffinger, Sylvester C.W. & Geraats, Petra M., 2006.
"How transparent are central banks?,"
European Journal of Political Economy, Elsevier, vol. 22(1), pages 1-21, March.
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