We review the recent work on interest rate setting, which emphasizes the desirability of designing policy to ensure stability under learning. Appropriately designed expectations-based rules can yield optimal rational expectations (REs) equilibria that are both determinate and stable under...

Presentation to the First Annual Missouri Economics Conference, University of Missouri-Columbia - May 4, 2001

National Association of Business Economics Annual Meeting, Boston, Sept. 11, 2006

Presentation to the Risk Management Association, Memphis - Jan. 18, 2001

Presentation to the St. Louis Forum, St. Louis, Feb. 24, 2006

Presentation at Bradley University, Peoria, Ill. - Sept. 5, 2001

Address and panel discussion before the Cato Institute Book Forum Celebrating the 40th Anniversary of the Publication of A Monetary History of the United States, 1867-1960 (Princeton University Press, 1963) by Milton Friedman and Anna J. Schwartz, Cato Institute, Washington, D.C., Nov. 21, 2003

Delivered at the Commerce Bank Economic Breakfast, November 18, 2009