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Stabilization Policies in a Growing Economy: A Comment
Stabilization Policies Growing Economy
2015/8/5
In a recent paper,3 Professors Stein and Nagatani (SN) have examined monetary stabilization
policies in a full employment nonlinear monetary growth model. Specifically, they
try to give a "rigorous ...
Comment on ‘Central Bank Behavior and the Strategy of Monetary Policy: Observations from Six Industrialized Countries’ by Ben Bernanke and Frederic Mishkin
Central Bank Behavior Strategy of Monetary Policy
2015/8/4
Ben Bernanke and Rick Mishkin have put together a useful data base
on money growth, targets for money growth, and monetary policy decisions
in six different countries during the 1970s and 1980s. The...
Comment on ‘The Use of a Monetary Aggregate to Target Nominal GDP’ by Martin Feldstein and James Stock
Monetary Aggregate GDP
2015/8/4
Comment on ‘The Use of a Monetary Aggregate to Target Nominal GDP’ by Martin Feldstein and James Stock.
The Dual Nature of Forecast Targeting and Instrument Rules: A Comment on Michael Woodford’s ‘Forecast Targeting as a Monetary Policy Strategy: Policy Rules in Practice,’
Forecast Targeting Instrument Rules
2015/8/3
I thank Michael Woodford for writing such a thoughtful and useful paper on
monetary policy. It is filled with fascinating ideas and insights, each carefully explained.
As befits this final “Looking ...
New Thoughts in Need--A Comment on World Banks Reaching the Rural Poor: Strategy for Rural Develop
Rural Development Poverty Migration Comparative Advatnages
2008/1/17
Abstract: In the past 50 years, the rural development strategies, proposed by the World Bank and other international development agencies, aimed to enhance agricultural productivity, with focuses on i...