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Federal Reserve Bank of St. Louis
Review
Allan Meltzer and the Search for a Nominal Anchor
James B. Bullard
Abstract

The author examines Allan Meltzer’s career in terms of the search of a nominal anchor for the U.S. Inflation targeting has provided a nominal anchor, in line with Meltzer’s view of inflation as a monetary phenomenon.


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James B. Bullard, "Allan Meltzer and the Search for a Nominal Anchor" , Federal Reserve Bank of St. Louis, Review, volume 100, issue 2, pages 117-26, 2018.
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DOI: 10.20955/r.2018.117-26
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