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Central bank design and policy credibility

In: Economics Update (1998) Apr, pp. 4-4

Persistent link: https://www.econbiz.de/10005501418

The anguish of central banking

Burns, Arthur F. - In: Federal Reserve Bulletin (1987) Sep, pp. 687-698

Persistent link: https://www.econbiz.de/10005501849

How forward-looking is optimal monetary policy?

Giannoni, Marc Paolo; Woodford, Michael - In: Proceedings (2003), pp. 1425-1483

increase, in a way that is characteristic of estimated central bank reaction functions, but not of Taylor's proposal. …

Persistent link: https://www.econbiz.de/10005526158

Panel discussion: thoughts on the future of payments and central banking

Green, Edward J.; McAndrews, James J.; Rolnick, Arthur J.; … - In: Proceedings (1999), pp. 668-681

Persistent link: https://www.econbiz.de/10005526167

How should the Fed communicate?

Poole, William - Federal Reserve Bank of St. Louis - 2005

Presentation to the "The Future of the Federal Reserve", Center for Economic Policy Studies (CEPS), Princeton University, Princeton , N.J., April 02, 2005

Persistent link: https://www.econbiz.de/10005526233

Thinking like a central banker

Poole, William - In: Speech (2007) Sep 28

Market News International (MNI), New York, Sept. 28, 2007

Persistent link: https://www.econbiz.de/10005526249

An investigation of the gains from commitment in monetary policy

Schaumburg, Ernst; Tambalotti, Andrea - Federal Reserve Bank of New York - 2003

This paper proposes a simple framework for analyzing a continuum of monetary policy rules characterized by differing degrees of credibility, in which commitment and discretion become special cases of what we call quasi commitment. The monetary policy authority is assumed to formulate optimal...

Persistent link: https://www.econbiz.de/10005526290

Cross-country differences in monetary policy execution and money market rates' volatility

Bartolini, Leonardo; Prati, Alessandro - Federal Reserve Bank of New York - 2003

by the world's main central banks, including differences in central banks' management of marginal lending and deposit … facilities in response to shocks. Our model is consistent with central banks' observed practice of rationing access to marginal …

Persistent link: https://www.econbiz.de/10005526305

Learning and the central bank

Carlstrom, Charles T.; Fuerst, Timothy S. - Federal Reserve Bank of Cleveland - 2001

It is well known that sunspot equilibria may arise under an interest-rate operating procedure in which the central bank …

Persistent link: https://www.econbiz.de/10005526594

The role of a regional bank in a system of central banks. 1999 annual report of the Federal Reserve Bank of Richmond

Goodfriend, Marvin - In: Annual Report (1999)

Persistent link: https://www.econbiz.de/10005537953