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Pitfalls of forward-looking monetary policy

Article Abstract:

A focus on future inflation rates and other forward-looking decision procedures is examined as a way of carrying out monetary policy.

Author: Woodford, Michael
Publisher: American Economic Association
Publication Name: American Economic Review
Subject: Economics
ISSN: 0002-8282
Year: 2000
Prices

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The Taylor rule and optimal monetary policy

Article Abstract:

A mathematical formula for a monetary policy is presented that is based on the standard monetary policy formula proposed by John B. Taylor. The Taylor rule is a simple formula that controls inflation by adjusting the interest rate. The new formula is more complex and can respond in variety of ways.

Author: Woodford, Michael
Publisher: American Economic Association
Publication Name: American Economic Review
Subject: Economics
ISSN: 0002-8282
Year: 2001
Prevention, Interest rates, Inflation (Economics)

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Price and quality of desktop and mobile personal computers: a quarter-century historical overview

Article Abstract:

The history of computer prices over the last 25 years are analyzed. As technology and quality of computers has increased, prices have gone down steadily. The implications of this study are examined.

Author: Berndt, Ernst R., Rappaport, Neal J.
Publisher: American Economic Association
Publication Name: American Economic Review
Subject: Economics
ISSN: 0002-8282
Year: 2001
Electronic computers, Computers, Electronic Computer Manufacturing, Management, Computer industry, Prices and rates, Pricing, Price indexes

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Subjects list: United States, Economic aspects, Inflation (Finance), Monetary policy, Research, Models, Economics, Econometrics
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