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Monetary policy for an open economy : an alternative framework with optimising agents and sticky prices

McCallum, Bennett T.; Nelson, Edward - 2001

The new open-economy macroeconomics seeks to provide an improved basis for monetary and exchange-rate policy through the construction of open-economy models that feature rational expectations, optimising agents, and slowly adjusting prices of goods. This paper promotes an alternative approach...

Persistent link: https://www.econbiz.de/10011518033

Multiple-solution indeterminacies in monetary policy analysis

McCallum, Bennett T. - In: Journal of monetary economics 50 (2003) 5, pp. 1153-1175

Persistent link: https://www.econbiz.de/10001785888

Comment on: Multiple-solution indeterminacies in monetary policy analysis

Woodford, Michael - In: Journal of monetary economics 50 (2003) 5, pp. 1177-1188

Persistent link: https://www.econbiz.de/10001785889

Carnegie-Rochester Conference series on public policy : April 19 - 20, 2002 ; (a bi-annual conference proceedings)

McCallum, Bennett T. (contributor) - Carnegie Rochester Conference on Public Policy <2002, … - 2003

Persistent link: https://www.econbiz.de/10001737879

Carnegie-Rochester Conference series on public policy : April, 2003 ; (a bi-annual conference proceedings)

McCallum, Bennett T. (contributor) - Carnegie Rochester Conference on Public Policy <2003, … - 2004

Persistent link: https://www.econbiz.de/10001896121

Indeterminacy, bubbles, and the fiscal theory of price level determination

McCallum, Bennett T. - In: Journal of monetary economics 47 (2001) 1, pp. 19-30

Persistent link: https://www.econbiz.de/10001543965

Estimating the long-run relationship between interest rates and inflation : a reply

McCallum, Bennett T. - In: Journal of monetary economics 18 (1986) 1, pp. 87-90

Persistent link: https://www.econbiz.de/10001025025

A reconsideration of the uncovered interest parity relationship

McCallum, Bennett T. - In: Journal of monetary economics 33 (1994) 1, pp. 105-132

Persistent link: https://www.econbiz.de/10001331952

Crucial issues concerning central bank independence

McCallum, Bennett T. - In: Journal of monetary economics 39 (1997) 1, pp. 99-112

Persistent link: https://www.econbiz.de/10001335991

Nominal income targeting in an open-economy optimizing model

McCallum, Bennett T.; Nelson, Edward - In: Journal of monetary economics 43 (1999) 3, pp. 553-578

Persistent link: https://www.econbiz.de/10001447668