New publication: “Optimal Inflation Targeting: Further Developments of Inflation Targeting,” in Mishkin, Frederic, and Klaus Schmidt-Hebbel (eds.) (2007), Monetary Policy under Inflation Targeting, Banco Central de Chile, 187-225.
Monthly Archives: January 2007
New publication: “Credible Commitment to Optimal Escape from a Liquidity Trap: The Role of the Balance Sheet of an Independent Central Bank”
New publication: “Credible Commitment to Optimal Escape from a Liquidity Trap: The Role of the Balance Sheet of an Independent Central Bank” (with Olivier Jeanne, IMF), American Economic Review 97 (2007) 474-490.