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Conference Paper
Credible alertness revisited
Trichet, Jean-Claude
(2009)
Proceedings - Economic Policy Symposium - Jackson Hole
Journal Article
Are contemporary central banks transparent about economic models and objectives and what difference does it make?
Cukierman, Alex
(2002-07)
Review
, Volume 84
, Issue Jul
Monograph
History of central banking: from 1791 through deregulation
anonymous
(2006)
Monograph
Conference Paper
Achieving price stability; overview
Trichet, Jean-Claude
(1996)
Proceedings - Economic Policy Symposium - Jackson Hole
Conference Paper
General discussion : monetary policy strategies : a central bank panel
Knight, Malcolm D.
(2005-08)
Proceedings - Economic Policy Symposium - Jackson Hole
, Issue Aug
, Pages 547-548
Working Paper
Is bank supervision central to central banking?
Peek, Joe; Rosengren, Eric S.; Tootell, Geoffrey M. B.
(1999)
Recently, several central banks have lost their bank supervisory responsibilities, in part because it has not been shown that supervisory authority improves the conduct of monetary policy. This paper finds that confidential bank supervisory information could help the Board staff more accurately forecast important macroeconomic variables and is used by FOMC members to guide monetary policy. These findings suggest that the complementarity between supervisory responsibilities and monetary policy should be an important consideration when evaluating the structure of the central bank.
Working Papers
, Paper 99-7
Conference Paper
Optimal contracts for independent central bankers: private information, performance measures and reappointment
Walsh, Carl E.
(1993-03)
Proceedings
, Issue Mar
Journal Article
Is inflation too low?
Poole, William
(1999-07)
Inflation, as measured by the Consumer Price Index, seems to have settled at an annual rate of about 2 percent. Is that rate too low? In this article, William Poole, the president of the Federal Reserve Bank of St. Louis, states his belief that the Federal Reserve's target should be zero inflation, abstracting from measurement errors in the price indices. A zero rate would maximize the credibility of monetary policy and minimize distortions in the economy arising from uncertainty over the rate of inflation and from the tax code. One argument against zero inflation is that relative wages ...
Review
, Volume 81
, Issue Jul
, Pages 3-10
Working Paper
Is New Zealand's Reserve Bank Act of 1989 an optimal central bank contract?
Walsh, Carl E.
(1994)
Pacific Basin Working Paper Series
, Paper 94-01
Journal Article
Three myths about central banks
Miller, Geoffrey P.
(2002-11)
Do central banks control the business cycle? Should price stability be their only monetary policy goal? Do politicians give up a degree of power and gain nothing personally when they grant central banks independence? This Commentary argues that none of these widely held notions is true. The Commentary is based on a speech presented to participants at the conference on the Origins and Evolution of Central Banking, sponsored by the Central Bank Institute of the Federal Reserve Bank of Cleveland, in May 2001.
Economic Commentary
, Issue Nov
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