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The paper examines international issues that arise in the design and evaluation of macroeconomic policy rules. It begins with a theoretical investigation of the effects of fiscal and monetary policy...
An Econometric Evaluation of International Monetary Policy Rules: Fixed Versus Flexible Exchange Rates.
Discretion Versus Policy Rules in Practice     Discretion Versus  Policy Rules       font style='font-size:12px;'> 2015/8/4
Discretion Versus Policy Rules in Practice.
Policy Rules as a Means to a More Effective Monetary Policy     Policy Rules  Monetary Policy       font style='font-size:12px;'> 2015/8/4
Policy Rules as a Means to a More Effective Monetary Policy.
Applying Academic Research on Monetary Policy Rules: An Exercise in Translational Economics.
This paper examines the implications of recent research on monetary policy rules for practical monetary policy making, with special emphasis on strategies for setting interest rates by the European ...
Introductory Remarks on Monetary Policy Rules     Introductory Remarks  Monetary Policy Rules       font style='font-size:12px;'> 2015/8/4
Introductory Remarks on Monetary Policy Rules.
An Historical Analysis of Monetary Policy Rules     Historical Analysis  Monetary Policy Rules       font style='font-size:12px;'> 2015/8/4
An Historical Analysis of Monetary Policy Rules.
Inflation Targeting and Monetary Policy Rules: Experience and Research     Inflation  Monetary Policy       font style='font-size:12px;'> 2015/8/4
Inflation Targeting and Monetary Policy Rules: Experience and Research.
Recent Developments in the Use of Monetary Policy Rules     Recent Developments  Monetary Policy Rules       font style='font-size:12px;'> 2015/8/4
A written version of a dinner speech given at the conference, “Inflation Targeting and Monetary Policies in Emerging Economies” at the Central Bank of the Republic of Indonesia, Jakarta, Indonesia, ...
The Role of the Exchange Rate in Monetary Policy Rules     Exchange   Monetary Policy Rules       font style='font-size:12px;'> 2015/8/3
For a country that chooses not to "permanently" fix its exchange rate through a currency board, or a common currency, or some kind of dollarization, the only alternative monetary policy that can w...
This paper shows that the use of monetary policy rules in emerging market economies has many of the same benefits that have been found in research and in practice in developed economies. For those e...
The Monetary Transmission Mechanism and the Evaluation of Monetary Policy Rules.
I thank Michael Woodford for writing such a thoughtful and useful paper on monetary policy. It is filled with fascinating ideas and insights, each carefully explained. As befits this final “Looking ...
The Explanatory Power of Monetary Policy Rules     Explanatory Power   Monetary Policy Rules       font style='font-size:12px;'> 2015/8/3
Over the past 20 years, the use of monetary policy rules has become pervasive in analyzing and prescribing monetary policy. This paper traces the development of such rules and their use in the anal...

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