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INTEREST AND PRICES: FOUNDATIONS OF A THEORY OF MONETARY POLICY -

  • Michael Woodford (a1) and CARL E. WALSH (a2)
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Address correspondence to: Carl E. Walsh, Department of Economics, University of California, 1156 High Street, Santa Cruz, CA 95064, USA; e-mail: walshc@ucsc.edu
References
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Friedman M. 1969 The optimum quantity of money. In The Optimum Quantity of Money and Other Essays, pp. 150. Chicago: Aldine.
Goodfriend Marvin and Robert G. King 1997 The new neoclassical synthesis and the role of monetary policy. In B. S. Bernanke and J. J. Rotemberg (eds.), NBER Macroeconomics Annual, pp. 163. Cambridge, MA: MIT Press.
Levin Andrew T. and John C. Williams 2003 Robust monetary policy with competing reference models. Journal of Monetary Economics 50, 945975.
Lucas Robert E., Jr. 1976 Econometric policy evaluation: a critique. Carnegie-Rochester Conference Series on Public Policy 1, 1946.
McCallum Bennett T. and Edward Nelson 2004 Timeless perspective vs. discretionary monetary policy in forward-looking models. Federal Reserve Bank of St. Louis Review 86, 4356.
Patinkin Don 1965 Money, Interest, and Prices: An Integration of Monetary and Value Theory, 2nd ed. New York: Harper & Row.
Rotemberg Julio J. and Michael Woodford 1997 An optimizing-based econometric model for the evaluation of monetary policy. In B. S. Bernanke and J. J. Rotemberg (eds.), NBER Macroeconomics Annual, pp. 297346. Cambridge, MA: MIT Press.
Wicksell Knut 1936 Interest and Prices: A Study of the Causes Regulating the Value of Money (English translation by R. F. Kahn, London: Macmillan, for the Royal Economic Society); reprinted, New York: Augustus M. Kelly.
Yun Tack 1996 Nominal price rigidity, money supply endogeneity, and business cycles. Journal of Monetary Economics 37, 345370.
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Macroeconomic Dynamics
  • ISSN: 1365-1005
  • EISSN: 1469-8056
  • URL: /core/journals/macroeconomic-dynamics
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