This paper focuses on simple normative rules for monetary policy that central banks can use to guide their interest rate decisions. Such rules were first derived from research on empirical monetary models with rational expectations and sticky prices built in the 1970s and 1980s. During the past...

Presentation to the Rotary Club of Seattle, Seattle, Washington, September 6, 2011

Presentation to the Swiss National Bank Research Conference, Zurich, Switzerland, September 23, 2011

Presentation to the International Monetary Fund Annual Research Conference, Washington, D.C., November 11, 2011

Presentation to the Greater Phoenix Chamber of Commerce, Phoenix, AZ, November 15, 2011

Presentation at the Central Bank of Chile, Fourth Summit Meeting of Central Banks on Inflation Targeting, Santiago, Chile, November 18, 2011