Goals, Guidelines, and Constraints Facing Monetary Policymakers
Conference Series 38
June 1994
Contents
Entire Proceedings (12.8MB)
Goals, Guidelines, and Constraints
Facing Monetary Policymakers: An Overview
Jeffrey C. Fuhrer
The Inflation/Output Variability
Trade-off Revisited
John B. Taylor; with discussion by Laurence M. Ball
Optimal Monetary Policy and the
Sacrifice Ratio
Jeffrey C. Fuhrer; with discussion by N. Gregory Mankiw
and summary discussion by Martin S. Eichenbaum
Monetary Aggregates Targeting
in a Low-Inflation Economy
William Poole; with discussion by Benjamin M. Friedman
and Donald L. Kohn
Strategy and Tactics of Monetary
Policy: Examples from Europe and the Antipodes
Charles A.E. Goodhart and José Viñals;
with discussion by Richard N. Cooper
How Independent Should a Central
Bank Be?
Guy Debelle and Stanley Fischer; with discussion by
Robert E. Hall
Panel: How Can Monetary Policy Be Improved?
Paul A. Samuelson
James Tobin
Robert J. Barro
Lyle E. Gramley
Bennett T. McCallum
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