Rules and Discretion in Monetary Policy (March 15-19, 1995)
Program:
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Papers published in the Journal of Monetary Economics, Vol.39, no.1:
David J. Archer
"The New Zealand Approach to Rules and Discretion in Monetary Policy"
Ben Broadbent and Robert J. Barro
"Central Bank Preferences and Macroeconomic Equilibrium"
Marvin Goodfriend
"A Framework for the Analysis of Moderate Inflations"
Otmar Issing
"Monetary Targeting in Germany: The Stability of Monetary Policy and of the Monetary System"
Mervyn King
"Changes in UK Monetary Policy: Rules and Discretion in Practice"
Bennett T. McCallum
"Crucial Issues Concerning Central Bank Independence"
Georg Rich
"Monetary Targets as a Policy Rule: Lessons from the Swiss Experience"