Skip to main content Accessibility help
×
Home
Hostname: page-component-768dbb666b-bxbhv Total loading time: 0.354 Render date: 2023-02-02T20:57:03.826Z Has data issue: true Feature Flags: { "useRatesEcommerce": false } hasContentIssue true

INTEREST AND PRICES: FOUNDATIONS OF A THEORY OF MONETARY POLICY

Published online by Cambridge University Press:  14 July 2005

Michael Woodford
Affiliation:
Princeton University Press, 2003
CARL E. WALSH
Affiliation:
University of California, Santa Cruz

Abstract

Image of the first page of this content. For PDF version, please use the ‘Save PDF’ preceeding this image.'
Type
BOOK REVIEW
Copyright
© 2005 Cambridge University Press

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)

References

Friedman M. 1969 The optimum quantity of money. In The Optimum Quantity of Money and Other Essays, pp. 150. Chicago: Aldine.
Goodfriend Marvin and Robert G. King 1997 The new neoclassical synthesis and the role of monetary policy. In B. S. Bernanke and J. J. Rotemberg (eds.), NBER Macroeconomics Annual, pp. 163. Cambridge, MA: MIT Press.
Levin Andrew T. and John C. Williams 2003 Robust monetary policy with competing reference models. Journal of Monetary Economics 50, 945975.Google Scholar
Lucas Robert E., Jr. 1976 Econometric policy evaluation: a critique. Carnegie-Rochester Conference Series on Public Policy 1, 1946.Google Scholar
McCallum Bennett T. and Edward Nelson 2004 Timeless perspective vs. discretionary monetary policy in forward-looking models. Federal Reserve Bank of St. Louis Review 86, 4356.Google Scholar
Patinkin Don 1965 Money, Interest, and Prices: An Integration of Monetary and Value Theory, 2nd ed. New York: Harper & Row.
Rotemberg Julio J. and Michael Woodford 1997 An optimizing-based econometric model for the evaluation of monetary policy. In B. S. Bernanke and J. J. Rotemberg (eds.), NBER Macroeconomics Annual, pp. 297346. Cambridge, MA: MIT Press.
Wicksell Knut 1936 Interest and Prices: A Study of the Causes Regulating the Value of Money (English translation by R. F. Kahn, London: Macmillan, for the Royal Economic Society); reprinted, New York: Augustus M. Kelly.
Yun Tack 1996 Nominal price rigidity, money supply endogeneity, and business cycles. Journal of Monetary Economics 37, 345370.Google Scholar
51
Cited by

Save article to Kindle

To save this article to your Kindle, first ensure coreplatform@cambridge.org is added to your Approved Personal Document E-mail List under your Personal Document Settings on the Manage Your Content and Devices page of your Amazon account. Then enter the ‘name’ part of your Kindle email address below. Find out more about saving to your Kindle.

Note you can select to save to either the @free.kindle.com or @kindle.com variations. ‘@free.kindle.com’ emails are free but can only be saved to your device when it is connected to wi-fi. ‘@kindle.com’ emails can be delivered even when you are not connected to wi-fi, but note that service fees apply.

Find out more about the Kindle Personal Document Service.

INTEREST AND PRICES: FOUNDATIONS OF A THEORY OF MONETARY POLICY
Available formats
×

Save article to Dropbox

To save this article to your Dropbox account, please select one or more formats and confirm that you agree to abide by our usage policies. If this is the first time you used this feature, you will be asked to authorise Cambridge Core to connect with your Dropbox account. Find out more about saving content to Dropbox.

INTEREST AND PRICES: FOUNDATIONS OF A THEORY OF MONETARY POLICY
Available formats
×

Save article to Google Drive

To save this article to your Google Drive account, please select one or more formats and confirm that you agree to abide by our usage policies. If this is the first time you used this feature, you will be asked to authorise Cambridge Core to connect with your Google Drive account. Find out more about saving content to Google Drive.

INTEREST AND PRICES: FOUNDATIONS OF A THEORY OF MONETARY POLICY
Available formats
×
×

Reply to: Submit a response

Please enter your response.

Your details

Please enter a valid email address.

Conflicting interests

Do you have any conflicting interests? *