@article {368201,
	title = {A Century of Growth and Improvement},
	journal = {American Economic Review},
	year = {Forthcoming},
	author = {Benjamin Friedman}
}
@magazinearticle {368191,
	title = {Economics and Its Discontents},
	journal = {Schmollers Jahrbuch},
	year = {Forthcoming},
	author = {Benjamin Friedman}
}
@article {368196,
	title = {Work and Consumption in an Era of Unbalanced Technological Advance},
	journal = {Journal of Evolutionary Economics},
	year = {Forthcoming},
	author = {Benjamin Friedman}
}
@magazinearticle {368166,
	title = {Has the Financial Crisis Permanently Changed the Practice of Monetary Policy? Has it Changed the Theory of Monetary Policy?},
	journal = {The Manchester School},
	volume = {83},
	year = {2015},
	month = {June 2015},
	author = {Benjamin Friedman}
}
@magazinearticle {368171,
	title = {The Joys of Innovation: For Profit Only},
	journal = {New York Review of Books},
	volume = {62},
	year = {2015},
	month = {Nov 19, 2015},
	author = {Benjamin Friedman}
}
@inbook {368161,
	title = {Monetary Policy since the 2007-9 Financial Crisis},
	booktitle = {International Encyclopedia of the Social and Behavioral Sciences},
	volume = {15},
	year = {2015},
	publisher = {Elsevier},
	organization = {Elsevier},
	edition = {2nd},
	address = {Oxford},
	author = {Benjamin Friedman}
}
@article {368156,
	title = {A Predictable Pathology},
	journal = {BIS Papers},
	volume = {80},
	number = {January },
	year = {2015},
	author = {Benjamin Friedman}
}
@inbook {368136,
	title = {Financial Stability and Responsive Monetary Policy: Resolving a Dynamic Incompatibility},
	booktitle = {Monetary Policy, Sovereign Debt and Financial Stability: The New Trilemma},
	year = {2014},
	publisher = {Foundation Books},
	organization = {Foundation Books},
	address = {New Delhi},
	author = {Benjamin Friedman},
	editor = {Mohanty}
}
@inbook {368131,
	title = {One Job, Four Careers},
	booktitle = {Eminent Economists II- Their Life and Work Philosophies},
	year = {2014},
	publisher = {Cambridge University Press},
	organization = {Cambridge University Press},
	address = {Cambridge},
	author = {Benjamin Friedman},
	editor = {Szenberg and Ramrattan}
}
@inbook {368126,
	title = {Is Our Economy{\textquoteright}s Financial Sector Worth What it Costs Us?},
	booktitle = {The Role of Central Banks in Financial Stability: How Has It Changed?},
	year = {2014},
	publisher = {World Scientific},
	organization = {World Scientific},
	address = {Hackensack},
	author = {Benjamin Friedman},
	editor = {Evanoff et al.}
}
@magazinearticle {368151,
	title = {The Pathology of Europe{\textquoteright}s Debt},
	journal = {New York Review of Books},
	volume = {LXI},
	year = {2014},
	month = {October 9, 2014},
	author = {Benjamin Friedman}
}
@magazinearticle {368141,
	title = {The Perils of Returning a Central Bank Balance Sheet to {\textquoteright}Normal{\textquoteright}},
	journal = {Financial Times},
	year = {2014},
	month = {June 20, 2014},
	author = {Benjamin Friedman}
}
@magazinearticle {368146,
	title = {What{\textquoteright}s in a Name? Everything.},
	journal = {The Atlantic},
	year = {2014},
	month = {July/August 2014},
	author = {Benjamin Friedman}
}
@magazinearticle {368111,
	title = {Brave New Capitalists{\textquoteright} Paradise{\textquoteright}: The Jobs?},
	journal = {New York Review of Books},
	volume = {LX},
	year = {2013},
	month = {November 7, 2013},
	author = {Benjamin Friedman}
}
@magazinearticle {368106,
	title = {How Americans Face Risk},
	journal = {The New Republic},
	year = {2013},
	month = {August 5, 2013},
	author = {Benjamin Friedman}
}
@article {368116,
	title = {The Simple Analytics of Monetary Policy: A Post-Crisis Approach},
	journal = {Journal of Economic Education},
	volume = {44},
	number = {October-December},
	year = {2013},
	author = {Benjamin Friedman}
}
@article {368121,
	title = {Toward a New Understanding of Monetary Policy},
	journal = {Monetary Authority of Signapore, Macroeconomic Review},
	volume = {12},
	number = {October},
	year = {2013},
	author = {Benjamin Friedman}
}
@conference {73986,
	title = {The Simple Analytics of Monetary Policy: A Post-Crisis Approach},
	booktitle = {AEA Committee on Economic Education at AEA meetings January 2013},
	year = {2013},
	month = {5 Jan.},
	address = {San Diego, CA},
	abstract = {The standard workhorse models of monetary policy now commonly in use, both for teaching macroeconomics to students and for supporting policymaking within many central banks, are incapable of incorporating the most widely accepted accounts of how the 2007-9 financial crisis occurred and incapable too of analyzing the actions that monetary policymakers took in response to it.  They also offer no point of entry for the frontier research that many economists have subsequently undertaken, especially research revolving around frictions in financial intermediation.  This paper suggests a simple model that bridges this gap by distinguishing the interest rate that the central bank sets from the interest rate that matters for the spending decisions of households and firms.  One version of this model adds to the canonical {\textquotedblleft}new Keynesian{\textquotedblright} model a fourth equation representing the spread between these two interest rates.  An alternate version replaces this reduced-form expression for the spread with explicit supply and demand equations for privately issued credit obligations.  The discussion illustrates the use of both versions of the model for analyzing the kind of breakdown in financial intermediation that triggered the 2007-9 crisis, as well as {\textquotedblleft}unconventional{\textquotedblright} central bank actions like large-scale asset purchases and forward guidance on the policy interest rate.

},
	author = {Benjamin M. Friedman}
}
@inbook {29390,
	title = {Is Our Economy{\textquoteright}s Financial Sector Worth What It Costs Us?},
	booktitle = {The Role of Central Banks in Financial Stability: How Has It Changed?},
	year = {2013},
	publisher = {World Scientific},
	organization = {World Scientific},
	address = {Hackensack},
	author = {Benjamin M. Friedman},
	editor = {Douglas Evanoff and Cornelia Holthausen and George Kaufmann and Manfred Kremer}
}
@magazinearticle {72051,
	title = {The Oligarchy in America Today},
	journal = {New York Review of Books},
	number = {LIX},
	year = {2012},
	note = {Published October 11, 2012},
	url = {http://www.nybooks.com/articles/archives/2012/oct/11/oligarchy-america-today/?pagination=false},
	author = {Benjamin M. Friedman}
}
@article {72041,
	title = {Rules Versus Discretion at the Federal Reserve: On to the Second Century},
	journal = {Journal of Macroeconomics},
	volume = {34},
	number = {3},
	year = {2012},
	pages = {608-615},
	abstract = {Much of the experience of the U.S. Federal Reserve System, during the institution{\textquoteright}s first hundred years, has revolved around controversies that fit squarely within the classical debate over rules versus discretion in economic policymaking. This paper looks back at the major episodes in this history since World War II, including the initial freeing of monetary policy from war-related interest-pegging, the Federal Reserve{\textquoteright}s delayed but ultimately successful response to the inflation of the 1970s and early 1980s, the brief experiment with monetary aggregate targets, the extraordinary actions prompted by the 2007-9 financial crisis, and the current tentative exploration of inflation targeting. The paper concludes that the tension between the desire for rule-based policymaking and the practicalities that lead central bankers to preserve discretion in actual policy decisions does not admit of any easy, straightforward solution, and therefore that this tension is likely to persist into the Federal Reserve{\textquoteright}s next century too.},
	url = {http://dx.doi.org/10.1016/j.jmacro.2012.05.009},
	author = {Benjamin M. Friedman}
}
@inbook {72036,
	title = {Rethinking Economics in the Wake of the Financial Crisis},
	booktitle = {What{\textquoteright}s the Use of Economics? Teaching the Dismal Science after the Crisis},
	year = {2012},
	publisher = {London Publishing Partnership},
	organization = {London Publishing Partnership},
	address = {London},
	author = {Benjamin M. Friedman},
	editor = {Diane Coyle}
}
@newspaperarticle {71921,
	title = {Minding the Gap},
	journal = {The New York Times Book Review},
	year = {2012},
	note = {Published May 27, 2012},
	url = {http://www.nytimes.com/2012/05/27/books/review/the-great-divergence-by-timothy-noah.html?pagewanted=all\&_r=0},
	author = {Benjamin M. Friedman}
}
@magazinearticle {71881,
	title = {Whither China?},
	journal = {The New York Review of Books},
	number = {LIX},
	year = {2012},
	note = {Review of "The Next Convergence: The Future of Economic Growth in a Multispeed World" by Michael Spence. Review published April 5, 2012},
	url = {http://www.nybooks.com/articles/archives/2012/apr/05/whither-china-next-convergence/?pagination=false},
	author = {Benjamin M. Friedman}
}
@conference {71871,
	title = {The Evolution of Thinking about Monetary Policy: Six Themes Over Four Decades},
	booktitle = {Conference in Memory of Luis Angel Rojo},
	year = {2012},
	publisher = {Banco de Espana},
	organization = {Banco de Espana},
	address = {Madrid},
	author = {Benjamin M. Friedman}
}
@article {29389,
	title = {Monetary Policy, Fiscal Policy, and the Efficiency of Our Financial System: Lessons from the Financial Crisis},
	journal = {International Journal of Central Banking},
	volume = {8},
	number = {S1},
	year = {2012},
	pages = {301-309},
	author = {Benjamin M. Friedman}
}
@inbook {29387,
	title = {Struggling to Escape from {\textquoteright}Assumption 14{\textquoteright}},
	booktitle = {New Perspectives on Asset Price Bubbles},
	year = {2012},
	publisher = {Oxford University Press},
	organization = {Oxford University Press},
	address = {New York},
	author = {Benjamin M. Friedman},
	editor = {Douglas Evanoff and George Kaufmann and A.G. Malliaris}
}
@conference {71896,
	title = {The Religious Roots of Modern Economics: Historical Origins and Contemporary Consequences},
	booktitle = {St. John{\textquoteright}s University, Clemens Lecture Series No.23},
	year = {2011},
	address = {Collegeville, MN},
	url = {http://digitalcommons.csbsju.edu/clemens_lectures/19},
	author = {Benjamin Friedman}
}
@magazinearticle {29385,
	title = {The No-Growth Trap},
	journal = {The National Interest},
	volume = {Nov/Dec },
	year = {2011},
	note = {Nov./Dec. 2011},
	url = {http://www.readperiodicals.com/201111/2494297341.html},
	author = {Benjamin M. Friedman}
}
@inbook {29384,
	title = {The Influence of Religious Thinking on the Smithian Revolution},
	booktitle = {Adam Smith as Theologian},
	year = {2011},
	publisher = {Routledge},
	organization = {Routledge},
	address = {New York},
	author = {Benjamin M. Friedman},
	editor = {Oslington}
}
@article {29383,
	title = {Economics: A Moral Inquiry with Religious Origins},
	journal = {American Economic Review, Papers and Proceedings},
	volume = {101},
	number = { 3},
	year = {2011},
	pages = {166-170},
	author = {Benjamin M. Friedman}
}
@book {29246,
	title = {Handbook of Monetary Economics, vol. 3},
	year = {2011},
	note = {Part Author
},
	publisher = {North-Holland Publishing Company and American Elsevier Publishing Company},
	organization = {North-Holland Publishing Company and American Elsevier Publishing Company},
	author = {Benjamin M. Friedman},
	editor = {Benjamin M. Friedman and Michael Woodford}
}
@inbook {29234,
	title = {Learning from the Crisis: What Can Central Banks Do?},
	booktitle = {Challenges to Central Banking in the Context of Financial Crisis},
	year = {2011},
	note = {Contributed papers presented at the first International Research Conference on "Challenges to Central Banking in the Context of Financial Crisis", organized by Reserve Bank of India on Feb. 12-13, 2010, in Mumbai, India.},
	publisher = {Academic Foundation},
	organization = {Academic Foundation},
	address = {New Delhi},
	author = {Benjamin M. Friedman},
	editor = {Subir Gokarn}
}
@magazinearticle {71866,
	title = {Cassandra Among the Banksters},
	journal = {The New York Review of Books},
	number = {LVIII},
	year = {2011},
	note = {Published June 23, 2011},
	url = {http://www.nybooks.com/articles/archives/2011/jun/23/cassandra-among-banksters/?pagination=false},
	author = {Benjamin M. Friedman}
}
@article {72286,
	title = {Economic Growth and the Moral Society},
	journal = {Conversations},
	volume = {8},
	year = {2010},
	note = {Autumn 2010},
	url = {http://nrs.harvard.edu/urn-3:HUL.InstRepos:10229935},
	author = {Benjamin M. Friedman}
}
@magazinearticle {72266,
	title = {Two Roads to Our Financial Catastrophe},
	journal = {New York Review of Books},
	volume = {LVII},
	year = {2010},
	note = {Published April 29, 2010},
	url = {http://www.nybooks.com/articles/archives/2010/apr/29/two-roads-to-our-financial-catastrophe/?pagination=false},
	author = {Benjamin M. Friedman}
}
@inbook {29382,
	title = {Implementation of Monetary Policy: How Do Central Banks Set Interest Rates?},
	booktitle = {Handbook of Monetary Economics },
	volume = {3},
	year = {2010},
	note = {Published November 2010},
	publisher = {North-Holland},
	organization = {North-Holland},
	edition = {First},
	address = {Amsterdam},
	author = {Benjamin M. Friedman and Kenneth N. Kuttner},
	editor = {Benjamin M.Friedman and Michael Woodford}
}
@article {29381,
	title = {Is Our Financial System Serving Us Well},
	journal = {Daedalus},
	volume = {139},
	number = {4},
	year = {2010},
	note = {Published Fall 2010},
	pages = {9-21},
	abstract = {In 1772, at the height of Scotland{\textquoteright}s worst banking crisis in two generations, David Hume wrote to his close friend Adam Smith. After recounting the bank closures, industrial bankruptcies, spreading unemployment, and even growing "Suspicion" of the soundness of the Bank of England, Hume asked Smith, "Do these Events any-wise affect your Theory?". They certainly did. Smith{\textquoteright}s analysis of the role of banking in The Wealth of Nations, published just four years later, clearly reflected the lessons he took away from the 1772 crisis. In contrast to the doctrinaire antiregulatory ideology with which he is usually associated by today{\textquoteright}s economists, Smith favored such measures as usury laws-- specifically, no lending at interest rates above 5 percent - and restrictions on the obligations that banks could issue.},
	url = {http://www.mitpressjournals.org/doi/abs/10.1162/DAED_a_00038},
	author = {Benjamin M. Friedman}
}
@article {29380,
	title = {Reconstructing Economics in Light of the 2007-? Financial Crisis},
	journal = {Journal of Economic Education},
	volume = {41},
	number = {4},
	year = {2010},
	pages = {391-397},
	abstract = {The lessons learned from the recent financial crisis should significantly reshape the economics profession{\textquoteright}s thinking, including, importantly, what we teach our students. Five such lessons are that we live in a monetary economy and therefore aggregate demand and policies that affect aggregate demand are determinants of real economic outcomes; that what actually matters for this purpose is not money but the volume, availability, and price of credit; that the fact that most lending is done by financial institutions matters as well; that the prices set in our financial markets do not always exhibit the {\textquotedblleft}rationality{\textquotedblright} economists normally claim for them; and that both frictions and the uneven impact of economic events prevent us from adapting to disturbances in the way textbook economics suggests.},
	url = {http://dx.doi.org/10.1080/00220485.2010.510397},
	author = {Benjamin M. Friedman}
}
@article {29378,
	title = {Economic Origins and Aims: Is There a Role for Religious Thinking?},
	journal = {Reflections (Yale Divinity School)},
	year = {2010},
	note = {Yale Divinity School
},
	url = {http://nrs.harvard.edu/urn-3:HUL.InstRepos:10229934},
	author = {Benjamin M. Friedman}
}
@inbook {29233,
	title = {The Role of Depth in a Liberal Education},
	booktitle = {Educating Economists: The Teagle Discussion on Re-evaluating the Undergraduate Economics Major},
	year = {2009},
	publisher = {Edward Elgar},
	organization = {Edward Elgar},
	address = {Cheltenham},
	author = {Benjamin M. Friedman},
	editor = {David Colander and Kim Marie McGoldrick}
}
@article {29232,
	title = {Widening Inequality Combined with Modest Growth},
	journal = {Challenge},
	volume = {52},
	year = {2009},
	author = {Benjamin M. Friedman}
}
@inbook {72446,
	title = {The Economic System},
	booktitle = {Understanding America: The Anatomy of an Exceptional Nation},
	year = {2008},
	publisher = {Public Affairs},
	organization = {Public Affairs},
	address = {New York},
	author = {Benjamin M. Friedman}
}
@magazinearticle {72441,
	title = {A Challenge to the Free Market},
	journal = {New York Review of Books},
	volume = {55},
	year = {2008},
	note = {Published November 6, 2008},
	url = {http://www.nybooks.com/articles/archives/2008/nov/06/a-challenge-to-the-free-market/?pagination=false},
	author = {Benjamin M. Friedman}
}
@article {72436,
	title = {Widening Inequality Means a Democracy at Risk},
	journal = {Pathways},
	year = {2008},
	note = {Published Summer 2008},
	url = {http://www.stanford.edu/group/scspi/media_magazines_pathways_summer_2008.html},
	author = {Benjamin M. Friedman}
}
@newspaperarticle {72431,
	title = {Guiding Forces},
	journal = {The New York Times Book Review},
	year = {2008},
	note = {Published August 24, 2008},
	url = {http://www.nytimes.com/2008/08/24/books/review/Friedman-t.html?pagewanted=all\&_r=0},
	author = {Benjamin M. Friedman}
}
@inbook {29376,
	title = {Money Supply},
	booktitle = {The New Palgrave Dictionary of Economics, 2nd ed.},
	year = {2008},
	publisher = {Macmillan},
	organization = {Macmillan},
	address = {London},
	author = {Benjamin M. Friedman},
	editor = {Durlauf and Blume}
}
@inbook {29375,
	title = {Economic Well-Being in a Historical Context},
	booktitle = {Economic Possibilities for Our Grandchildren},
	year = {2008},
	publisher = {MIT Press},
	organization = {MIT Press},
	address = {Cambridge},
	author = {Benjamin M. Friedman},
	editor = {Pecchi and Piga}
}
@article {29230,
	title = {Why a Dual Mandate is Right for Monetary Policy},
	journal = {International Finance},
	volume = {11},
	year = {2008},
	author = {Benjamin M. Friedman}
}
@inbook {29228,
	title = {What Objectives for Monetary Policy?},
	booktitle = {Central Banks as Economic Institutions},
	year = {2008},
	publisher = {Edward Elgar},
	organization = {Edward Elgar},
	address = {Cheltenham},
	author = {Benjamin M. Friedman},
	editor = {Touffut}
}
@article {29227,
	title = {Monetary Policy for Emerging Market Economies: Beyond Inflation Targeting},
	journal = {Macroeconomics and Finance in Emerging Market Economies},
	volume = {1},
	year = {2008},
	author = {Benjamin M. Friedman}
}
@article {29226,
	title = {What We Still Don{\textquoteright}t Know about Monetary and Fiscal Policy},
	journal = {Brookings Papers on Economic Activity},
	volume = {2},
	year = {2007},
	author = {Benjamin M. Friedman}
}
@article {29225,
	title = {Capitalism, Economic Growth and Democracy},
	journal = {Daedalus},
	volume = {136},
	year = {2007},
	author = {Benjamin M. Friedman}
}
@article {29224,
	title = {Moral Consequences of Economic Growth: The John R. Commons Lecture, 2006},
	journal = {American Economist},
	volume = {50},
	year = {2006},
	author = {Benjamin M. Friedman}
}
@article {29223,
	title = {The Greenspan Era: Discretion, Rather Than Rules},
	journal = {American Economic Review},
	volume = {96},
	year = {2006},
	author = {Benjamin M. Friedman}
}
@article {29222,
	title = {The Moral Consequences of Economic Growth},
	journal = {Society},
	volume = {43},
	year = {2006},
	author = {Benjamin M. Friedman}
}
@book {29245,
	title = {The Moral Consequences of Economic Growth},
	year = {2005},
	publisher = {Alfred A. Knopf},
	organization = {Alfred A. Knopf},
	address = {New York},
	author = {Benjamin M. Friedman}
}
@inbook {29221,
	title = {Deficits and Debt in the Short and Long Run},
	booktitle = {The Macroeconomics of Fiscal Policy},
	year = {2005},
	publisher = {MIT Press},
	organization = {MIT Press},
	address = {Cambridge},
	author = {Benjamin M. Friedman},
	editor = {Kopcke and Tootell and Triest}
}
@article {29209,
	title = {What Remains from the Volcker Experiment?},
	journal = {Federal Reserve Bank of St. Louis, Review},
	volume = {87},
	year = {2005},
	author = {Benjamin M. Friedman}
}
@inbook {29208,
	title = {Tobin Replies to Woodford},
	booktitle = {Issues on Monetary Policy and Theory},
	year = {2005},
	publisher = {Bankakademie Verlag},
	organization = {Bankakademie Verlag},
	author = {Benjamin M. Friedman},
	editor = {Deville and et al}
}
@article {29207,
	title = {Why the Federal Reserve Should Not Adopt Inflation Targeting},
	journal = {International Finance},
	volume = {7},
	year = {2004},
	author = {Benjamin M. Friedman}
}
@inbook {29206,
	title = {The LM Curve: A Not-So-Fond Farewell},
	booktitle = {Macroeconomics, Monetary Policy, and Financial Stability},
	year = {2004},
	publisher = {Bank of Canada},
	organization = {Bank of Canada},
	address = {Ottawa},
	author = {Benjamin M. Friedman},
	editor = {Thatcher}
}
@inbook {29203,
	title = {The Use and Meaning of Words in Central Banking: Inflation Targeting, Credibility and Transparency},
	booktitle = {Central banking, Monetary Theory and Practice: Essays in Honour of Charles Goodhart},
	year = {2003},
	publisher = {Edward Elgar},
	organization = {Edward Elgar},
	address = {Cheltenham},
	author = {Benjamin M. Friedman},
	editor = {Mien}
}
@article {29205,
	title = {Why Japan Should Not Adopt Inflation Targeting},
	journal = {Kobe Gakuin Economic Papers},
	volume = {34},
	year = {2002},
	author = {Benjamin M. Friedman}
}
@inbook {29204,
	title = {Globalization: Stiglitz{\textquoteright}s Case},
	booktitle = {The New York Review of Books},
	year = {2002}
}
@inbook {29202,
	title = {Threats to Future Effectiveness of Monetary Policy},
	booktitle = {What the Future Holds: Insights from Social Science},
	year = {2002},
	publisher = {MIT Press},
	organization = {MIT Press},
	address = {Cambridge},
	author = {Benjamin M. Friedman},
	editor = {Cooper and Layard}
}
@inbook {29201,
	title = {Monetary Policy},
	booktitle = {International Encyclopedia of the Social and Behavioral Sciences},
	year = {2001},
	publisher = {Elsevier Science},
	organization = {Elsevier Science},
	address = {Oxford},
	author = {Benjamin M. Friedman}
}
@article {29200,
	title = {Decoupling at the Margin: The Threat to Monetary Policy from the Electronic Revolution in Banking},
	journal = {International Finance},
	volume = {3},
	number = {2},
	year = {2000},
	pages = {261-272},
	author = {Benjamin M. Friedman}
}
@inbook {29199,
	title = {Japan Now and the United States Then: Lessons from the Parallels},
	booktitle = {Japan{\textquoteright}s Financial Crisis and Its Parallels to U.S. Experience},
	year = {2000},
	publisher = {nstitute for International Economics},
	organization = {nstitute for International Economics},
	author = {Benjamin M. Friedman},
	editor = {Ryoichi Mikitani and Adam S. Posen}
}
@article {29198,
	title = {Gore vs. Bush: The Difference},
	journal = {The New York Review of Books},
	year = {2000},
	author = {Benjamin M. Friedman}
}
@inbook {29197,
	title = {The Role of Interest Rates in Federal Reserve Policymaking},
	booktitle = {The Evolution of Monetary Policy and the Role of the Federal Reserve in the Last Third of the Twentieth Century},
	year = {2000},
	publisher = {Federal Reserve Bank of Boston},
	organization = {Federal Reserve Bank of Boston},
	author = {Benjamin M. Friedman},
	editor = {Kopcke and Browne}
}
@inbook {29196,
	title = {How Easy Should Debt Restructuring Be?},
	booktitle = {Managing Financial and Corporate Distress},
	year = {2000},
	publisher = {Brookings Institution Press},
	organization = {Brookings Institution Press},
	author = {Benjamin M. Friedman},
	editor = {Charles Adams and Michael Pomerleano and Robert E. Litan}
}
@article {29195,
	title = {What Have We Learned from the Disappearance of the Deficits?},
	journal = {Challenge},
	volume = {43},
	number = {4},
	year = {2000},
	pages = {5-21},
	author = {Benjamin M. Friedman}
}
@inbook {29374,
	title = {Policy Steps for Japan in Its Current Economic and Financial Crisis},
	booktitle = {Toward the Restoration of Sound Banking Systems in Japan {\textendash} Its Global Implications},
	year = {1999},
	publisher = {International Monetary Fund},
	organization = {International Monetary Fund},
	address = {Washington},
	author = {Benjamin M. Friedman}
}
@article {29194,
	title = {The Future of Monetary Policy: The Central Bank as an Army with Only a Signal Corps?},
	journal = {International Finance},
	volume = {2},
	number = {3},
	year = {1999},
	pages = {321-338},
	author = {Benjamin M. Friedman}
}
@article {29373,
	title = {Indicator Properties of the Paper-Bill Spread: Lessons from Recent Experience},
	journal = {Review of Economics and Statistics},
	volume = {80},
	year = {1998},
	author = {Benjamin M. Friedman and Kenneth N. Kuttner}
}
@inbook {29372,
	title = {Fiscal and Monetary Policies for Growth},
	booktitle = {The Rising Tide},
	year = {1998},
	publisher = {John Wiley},
	organization = {John Wiley},
	address = {New York},
	author = {Benjamin M. Friedman},
	editor = {Jasinowski}
}
@inbook {29371,
	title = {The Rise and Fall of Money Growth Targets as Guidelines for U.S. Monetary Policy},
	booktitle = {Toward More Effective Monetary Policy},
	year = {1996},
	publisher = {Macmillan},
	organization = {Macmillan},
	address = {London},
	author = {Benjamin M. Friedman},
	editor = {Kuroda}
}
@inbook {29370,
	title = {Does Monetary Policy Affect Real Economic Activity?: Why Do We Still Ask This Question?},
	booktitle = {Monetary Policy in an Integrated World Economy},
	year = {1996},
	publisher = {J.C.B. Mohr},
	organization = {J.C.B. Mohr},
	address = {Tubingen},
	author = {Benjamin M. Friedman},
	editor = {Siebert}
}
@article {29369,
	title = {A Price Target for U.S. Monetary Policy? Lessons from the Experience with Money Growth Targets},
	journal = {Brookings Papers on Economic Activity},
	volume = {1},
	year = {1996},
	author = {Benjamin M. Friedman and Kenneth N. Kuttner}
}
@article {29368,
	title = {Economic Implications of Changing Share Ownership},
	journal = {Journal of Portfolio Management},
	volume = {22},
	year = {1996},
	author = {Benjamin M. Friedman}
}
@article {29367,
	title = {Principles of Economics},
	journal = {The American Economist},
	volume = {39},
	year = {1995},
	author = {Benjamin M. Friedman}
}
@inbook {29366,
	title = {The Decline of Commercial Banking: Implications for Monetary Policy},
	booktitle = {The Declining Role of Banking},
	year = {1994},
	publisher = {Federal Reserve Bank of Chicago},
	organization = {Federal Reserve Bank of Chicago},
	author = {Benjamin M. Friedman}
}
@inbook {29365,
	title = {Intermediate Targets Versus Information Variables as Operating Guides for Monetary Policy},
	booktitle = {A Framework for Monetary Stability},
	year = {1994},
	publisher = {Kluwer Academic Publishers},
	organization = {Kluwer Academic Publishers},
	address = {Dordrecht},
	author = {Benjamin M. Friedman},
	editor = {Wijnholds}
}
@inbook {29364,
	title = {The Role of Judgment and Discretion in the Conduct of Monetary Policy: Consequences of Changing Financial Markets},
	booktitle = {Changing Capital Markets: Implications for Monetary Policy},
	year = {1993},
	publisher = {Federal Reserve Bank of Kansas City},
	organization = {Federal Reserve Bank of Kansas City},
	author = {Benjamin M. Friedman}
}
@article {29363,
	title = {Economic Activity and the Short-Term Credit Markets: An Analysis of Prices and Quantities},
	journal = {Brookings Papers on Economic Activity},
	volume = {2},
	year = {1993},
	author = {Benjamin M. Friedman and Kenneth N. Kuttner}
}
@inbook {29362,
	title = {The Role of Private Saving and Government Dissaving in Financing American Economic Development in the 1980s},
	booktitle = {International Savings Flows and Capital Availability in the 1990s and Beyond},
	year = {1993},
	publisher = {American Institute for Economic Research},
	organization = {American Institute for Economic Research},
	author = {Benjamin M. Friedman}
}
@inbook {29361,
	title = {Why Does the Paper-Bill Spread Predict Real Economic Activity?},
	booktitle = {New Research on Business Cycles, Indicators and Forecasting},
	year = {1993},
	publisher = {University of Chicago Press},
	organization = {University of Chicago Press},
	author = {Benjamin M. Friedman and Kenneth N. Kuttner},
	editor = {Stock and Watson}
}
@article {29360,
	title = {Another Look at the Evidence on Money-Income Casuality},
	journal = {Journal of Econometrics},
	volume = {57},
	year = {1993},
	author = {Benjamin M. Friedman and Kenneth N. Kuttner}
}
@article {29359,
	title = {Money, Income, Prices and Interest Rates},
	journal = {American Economic Review},
	volume = {82},
	year = {1992},
	author = {Benjamin M. Friedman and Kenneth N. Kuttner}
}
@article {29358,
	title = {Time-Varying Risk and the Pricing of Risky Assets},
	journal = {Oxford Economic Papers},
	volume = {44},
	year = {1992},
	author = {Benjamin M. Friedman and Kenneth N. Kuttner}
}
@inbook {29357,
	title = {How Does It Matter?},
	booktitle = {Business Cycles: Theories and Evidence},
	year = {1992},
	publisher = {Kluwer Academic Publishers},
	organization = {Kluwer Academic Publishers},
	address = {Norwell},
	author = {Benjamin M. Friedman},
	editor = {Belongia and Garfinkel}
}
@article {29356,
	title = {Learning from the Reagan Deficits},
	journal = {American Economic Review},
	volume = {82},
	year = {1992},
	author = {Benjamin M. Friedman}
}
@article {29355,
	title = {Financial Roadblocks on the Route to Economic Prosperity},
	journal = {Challenge},
	volume = {35},
	year = {1992},
	author = {Benjamin M. Friedman}
}
@inbook {29354,
	title = {Debt Management Policy, Interest Rates, and Economic Activity},
	booktitle = {Does Debt Management Matter?},
	year = {1992},
	publisher = {Oxford University Press},
	organization = {Oxford University Press},
	author = {Benjamin M. Friedman},
	editor = {Agell}
}
@inbook {29353,
	title = {Risks in Our High-Debt Economy: Depression or Inflation?},
	booktitle = {Financial Conditions and Macroeconomic Performance: Essays in Honor of Hyman P. Minsky},
	year = {1992},
	publisher = {M.E. Sharpe},
	organization = {M.E. Sharpe},
	editor = {Fazzari and Papadimitriou}
}
@book {29244,
	title = {Does Debt Management Matter?},
	year = {1992},
	publisher = {Oxford University Press},
	organization = {Oxford University Press},
	author = {Benjamin M. Friedman and Jonas Agell and Mats Persson}
}
@inbook {29352,
	title = {Views on the Likelihood of Financial Crisis},
	booktitle = {Reducing the Risk of Economic Crisis},
	year = {1991},
	publisher = {University of Chicago Press},
	organization = {University of Chicago Press},
	author = {Benjamin M. Friedman},
	editor = {Feldstein}
}
@inbook {29351,
	title = {U.S. Fiscal Policy in the 1980s: Consequences of Large Budget Deficits at Full Employment},
	booktitle = {The Debt and the Twin Deficits Debate},
	year = {1990},
	publisher = {Mayfield Publishing Company},
	organization = {Mayfield Publishing Company},
	author = {Benjamin M. Friedman},
	editor = {Rock}
}
@inbook {29350,
	title = {Is the Monetary Base Related to Income in a Robust Way?},
	booktitle = {Monetary Policy for a Changing Financial Environment},
	year = {1990},
	publisher = {American Enterprise Institute},
	organization = {American Enterprise Institute},
	address = {Washington},
	author = {Benjamin M. Friedman},
	editor = {Haraf and Cagan}
}
@article {29349,
	title = {The Cost of Annuities: Implications for Saving Behavior and Bequests},
	journal = {Quarterly Journal of Economics},
	volume = {105},
	year = {1990},
	author = {Benjamin M. Friedman and Mark J. Warshawsky}
}
@article {29348,
	title = {Implications of Corporate Indebtedness for Monetary Policy},
	journal = {Group of Thirty Occasional Papers},
	volume = {29},
	year = {1990},
	author = {Benjamin M. Friedman}
}
@inbook {29347,
	title = {Targets and Instruments of Monetary Policy},
	booktitle = {Handbook of Monetary Economics},
	year = {1990},
	publisher = {North-Holland},
	organization = {North-Holland},
	address = {Amsterdam},
	author = {Benjamin M. Friedman},
	editor = {Friedman and Hahn}
}
@book {29242,
	title = {Handbook of Monetary Economics, vols. 1, 2},
	year = {1990},
	note = {Part Author
},
	publisher = {North-Holland Publishing Company and American Elsevier Publishing Company},
	organization = {North-Holland Publishing Company and American Elsevier Publishing Company},
	author = {Benjamin M. Friedman},
	editor = {Benjamin M. Friedman and Frank H. Hahn}
}
@article {29346,
	title = {Economic Implications of Extraordinary Movements in Stock Prices},
	journal = {Brookings Papers on Economic Activity},
	volume = {2},
	year = {1989},
	author = {David I. Laibson}
}
@inbook {29345,
	title = {Changing Effects of Monetary Policy on Real Economic Activity},
	booktitle = {Monetary Policy Issues in the 1990s},
	year = {1989},
	publisher = {Federal Reserve Bank of Kansas City},
	organization = {Federal Reserve Bank of Kansas City},
	author = {Benjamin M. Friedman}
}
@inbook {29344,
	title = {The Corporate Debt Problem},
	booktitle = {Economic Vulnerabilities: Challenges for Policymakers},
	year = {1988},
	publisher = {Curry Foundation},
	organization = {Curry Foundation},
	address = {Washington},
	author = {Benjamin M. Friedman},
	editor = {Irving}
}
@article {29343,
	title = {Lessons on Monetary Policy from the 1980s},
	journal = {Journal of Economic Perspectives},
	volume = {2},
	year = {1988},
	author = {Benjamin M. Friedman}
}
@article {29342,
	title = {Keynesian Economics and Harvard: Evolution Prevails},
	journal = {Challenge},
	volume = {31},
	year = {1988},
	author = {Benjamin M. Friedman}
}
@article {29341,
	title = {Monetary Policy without Quantity Variables},
	journal = {American Economic Review},
	volume = {78},
	year = {1988},
	author = {Benjamin M. Friedman}
}
@inbook {29340,
	title = {Annuity Prices and Saving Behavior in the United States},
	booktitle = {Pensions in the U.S. Economy},
	year = {1988},
	publisher = {University of Chicago Press},
	organization = {University of Chicago Press},
	author = {Benjamin M. Friedman and Mark Warshawsky},
	editor = {Bodie and Shoven and Wise}
}
@book {29241,
	title = {Day of Reckoning: The Consequences of American Economic Policy under Reagan and After},
	year = {1988},
	publisher = {Random House},
	organization = {Random House},
	address = {New York},
	author = {Benjamin M. Friedman}
}
@inbook {29339,
	title = {Capital, Credit and Money Markets},
	booktitle = {The New Palgrave: A Dictionary of Economics. Vol. 1},
	year = {1987},
	publisher = {Macmillan Press},
	organization = {Macmillan Press},
	address = {London},
	author = {Benjamin M. Friedman},
	editor = {Eatwell, Milgate and Newman and Milgate and Newman}
}
@article {29338,
	title = {New Directions in the Relationship between Public and Private Debt},
	journal = {Science},
	volume = {236},
	year = {1987},
	author = {Benjamin M. Friedman}
}
@inbook {29325,
	title = {Aspects of Investment Behavior under Risk},
	booktitle = {Arrow and the Ascent of Modern Economic Theory},
	year = {1987},
	publisher = {Macmillan Press},
	organization = {Macmillan Press},
	address = {London},
	author = {Benjamin M. Friedman and V. Vance Roley},
	editor = {Feiwel}
}
@inbook {29324,
	title = {Increasing Indebtedness and Financial Stability in the United States},
	booktitle = {Debt, Financial Stability and Public Policy},
	year = {1986},
	publisher = {Federal Reserve Bank of Kansas City},
	organization = {Federal Reserve Bank of Kansas City},
	author = {Benjamin M. Friedman}
}
@inbook {29323,
	title = {Implications of the U.S. Net Capital Inflow},
	booktitle = {How Open Is the U.S. Economy?},
	year = {1986},
	publisher = {D.C. Heath},
	organization = {D.C. Heath},
	address = {Lexington},
	author = {Benjamin M. Friedman},
	editor = {Hafer}
}
@inbook {29322,
	title = {Money, Credit and Interest Rates in the Business Cycle},
	booktitle = {The American Business Cycle: Continuity and Change},
	year = {1986},
	publisher = {University of Chicago Press},
	organization = {University of Chicago Press},
	author = {Benjamin M. Friedman},
	editor = {Gordon}
}
@inbook {29321,
	title = {Implications of Government Deficits for Interest Rates, Equity Returns and Corporate Financing},
	booktitle = {Financing Corporate Capital Structures},
	year = {1986},
	publisher = {University of Chicago Press},
	organization = {University of Chicago Press},
	author = {Benjamin M. Friedman},
	editor = {Benjamin M. Friedman}
}
@inbook {29320,
	title = {Financing American Investment in New Technology},
	booktitle = {Technology and Economic Policy},
	year = {1986},
	publisher = {Ballinger},
	organization = {Ballinger},
	address = {Cambridge},
	author = {Benjamin M. Friedman},
	editor = {Landau and Jorgenson}
}
@book {29240,
	title = {Financing Corporate Capital Formation},
	year = {1986},
	note = {Editor and Part Author
},
	publisher = {University of Chicago Press},
	organization = {University of Chicago Press},
	author = {Benjamin M. Friedman},
	editor = {Benjamin M. Friedman}
}
@article {29318,
	title = {Portfolio Choice and the Debt-to-Income Relationship},
	journal = {American Economic Review},
	volume = {75},
	year = {1985},
	author = {Benjamin M. Friedman}
}
@inbook {29317,
	title = {Recent Perspectives in and on Macroeconomics},
	booktitle = {Issues in Contemporary Macroeconomics and Distribution},
	year = {1985},
	publisher = {Macmillan Press},
	organization = {Macmillan Press},
	address = {London},
	author = {Benjamin M. Friedman},
	editor = {Fiewel}
}
@article {29316,
	title = {The Effect of Large Government Deficits on Interest Rates and Equity Returns},
	journal = {Oxford Review of Economic Policy},
	volume = {1},
	year = {1985},
	author = {Benjamin M. Friedman}
}
@inbook {29315,
	title = {Monetary and Regulatory Systems for Developing Financial System},
	booktitle = {Monetary Policy in a Changing Financial Environment},
	year = {1985},
	publisher = {Bank of Korea},
	organization = {Bank of Korea},
	address = {Seoul},
	author = {Benjamin M. Friedman}
}
@inbook {29314,
	title = {The Substitutability of Debt and Equity Securities},
	booktitle = {Corporate Capital Structures in the United States},
	year = {1985},
	publisher = {University of Chicago Press},
	organization = {University of Chicago Press},
	author = {Benjamin M. Friedman},
	editor = {Benjamin M. Friedman}
}
@governmentreport {29312,
	title = {Conducting U.S. Monetary Policy: What Changes Do We Need?},
	year = {1985},
	note = {99th Congress, 1st Session
},
	address = {Washington},
	author = {Benjamin M. Friedman},
	editor = {U.S. Government Printing Office}
}
@inbook {29311,
	title = {Financial Intermediation in the United States},
	booktitle = {Handbook for Banking Strategy},
	year = {1985},
	publisher = {John Wiley \& Sons},
	organization = {John Wiley \& Sons},
	address = {New York},
	author = {Benjamin M. Friedman},
	editor = {Aspinwall and Eisenbeis}
}
@inbook {29309,
	title = {Saving, Investment, and Government Deficits in the 1980s},
	booktitle = {U.S. Competitiveness in the World Economy},
	year = {1985},
	publisher = {Harvard Business School Press},
	organization = {Harvard Business School Press},
	address = {Boston},
	author = {Benjamin M. Friedman},
	editor = {Scott and Lodge}
}
@book {29239,
	title = {Corporate Capital Structures in the United States},
	year = {1985},
	note = {Editor and Part Author
},
	publisher = {University of Chicago Press},
	organization = {University of Chicago Press},
	author = {Benjamin M. Friedman},
	editor = {Benjamin M. Friedman}
}
@inbook {29307,
	title = {The Value of Intermediate Targets in Implementing Monetary Policy},
	booktitle = {Price Stability and Public Policy},
	year = {1984},
	publisher = {Federal Reserve Bank of Kansas City},
	organization = {Federal Reserve Bank of Kansas City},
	author = {Benjamin M. Friedman}
}
@article {29305,
	title = {The Behavior of U.S. Short-Term Interest Rates since October 1979},
	journal = {Journal of Finance},
	volume = {39},
	year = {1984},
	author = {Benjamin M. Friedman and Richard H. Clarida}
}
@article {29304,
	title = {Lessons from the 1979-1982 Monetary Policy Experiment},
	journal = {American Economic Review},
	volume = {74},
	year = {1984},
	author = {Benjamin M. Friedman}
}
@inbook {29303,
	title = {Managing the U.S. Government Deficit in the 1980s},
	booktitle = {Removing Obstacles to Economic Growth},
	year = {1984},
	publisher = {University of Pennsylvania Press},
	organization = {University of Pennsylvania Press},
	author = {Benjamin M. Friedman},
	editor = {Wachter and Wachter}
}
@inbook {29302,
	title = {Pension Funding, Pension Asset Allocation, and Corporate Finance: Evidence from Individual Company Data},
	booktitle = {Financial Aspects of the U.S. Pension System},
	year = {1984},
	publisher = {University of Chicago Press},
	organization = {University of Chicago Press},
	author = {Benjamin M. Friedman},
	editor = {Bodie and Shoven}
}
@inbook {29301,
	title = {A Credit Market Perspective on the U.S. Government Deficit Problem},
	booktitle = {Restructuring the Federal Budget},
	year = {1984},
	publisher = {Praeger},
	organization = {Praeger},
	address = {New York},
	author = {Benjamin M. Friedman},
	editor = {Sommers}
}
@inbook {29300,
	title = {Implications of the Government Deficit for U.S. Capital Formation},
	booktitle = {The Economics of Large Government Deficits},
	year = {1983},
	publisher = {Federal Reserve Bank of Boston},
	organization = {Federal Reserve Bank of Boston},
	author = {Benjamin M. Friedman}
}
@article {29299,
	title = {Why Have Short-Term Interest Rates Been So High?},
	journal = {Brookings Papers on Economic Activity},
	volume = {2},
	year = {1983},
	author = {Benjamin M. Friedman and Richard H. Clarida}
}
@inbook {29298,
	title = {Monetary Policy Management},
	booktitle = {Regrowing the American Economy},
	year = {1983},
	publisher = {Prentice-Hall},
	organization = {Prentice-Hall},
	address = {Englewood Cliffs},
	author = {Benjamin M. Friedman},
	editor = {Miller}
}
@inbook {29297,
	title = {Using a Credit Aggregate Target to Implement Monetary Policy in the Financial Environment of the Future},
	booktitle = {Monetary Policy Issues in the 1980s},
	year = {1983},
	publisher = {Federal Reserve Bank of Kansas City},
	organization = {Federal Reserve Bank of Kansas City},
	author = {Benjamin M. Friedman}
}
@inbook {29296,
	title = {Monetary Policy with a Credit Aggregate Target},
	booktitle = {Money, Monetary Policy, and Financial Institutions},
	year = {1983},
	publisher = {North-Holland},
	organization = {North-Holland},
	address = {Amsterdam},
	author = {Benjamin M. Friedman},
	editor = {Brunner and Meltzer}
}
@inbook {29295,
	title = {The Roles of Money and Credit in Macroeconomic Analysis},
	booktitle = {Macroeconomics, Prices, and Quantities: Essays in Memory of Arthur M. Okun},
	year = {1983},
	publisher = {The Brookings Institution},
	organization = {The Brookings Institution},
	address = {Washington},
	author = {Benjamin M. Friedman},
	editor = {Tobin}
}
@article {29294,
	title = {Federal Reserve Policy, Interest Rate Volatility, and the U.S. Capital Raising Mechanism},
	journal = {Journal of Money, Credit and Banking},
	volume = {14},
	year = {1982},
	author = {Benjamin M. Friedman}
}
@article {29293,
	title = {The Treasury Threatens Corporate Balance Sheets},
	journal = {Harvard Business Review},
	volume = {60},
	year = {1982},
	author = {Benjamin M. Friedman}
}
@article {29292,
	title = {Interest Rate Implications for Fiscal and Monetary Policies: A Postscript on the Government Budget Constraint},
	journal = {Journal of Money, Credit and Banking},
	volume = {14},
	year = {1982},
	author = {Benjamin M. Friedman}
}
@article {29291,
	title = {Time to Re-Examine the Monetary Targets Framework},
	journal = {New England Economic Review},
	volume = {March/April},
	year = {1982},
	author = {Benjamin M. Friedman}
}
@article {29290,
	title = {Effects of Shifting Saving Patterns on Interest Rates and Economic Activity},
	journal = {Journal of Finance},
	volume = {37},
	year = {1982},
	author = {Benjamin M. Friedman}
}
@inbook {29289,
	title = {Debt and Economic Activity in the United States},
	booktitle = {The Changing Roles of Debt and Equity in Financing U.S. Capital Formation},
	year = {1982},
	publisher = {University of Chicago Press},
	organization = {University of Chicago Press},
	author = {Benjamin M. Friedman},
	editor = {Friedman}
}
@book {29238,
	title = {The Changing Roles of Debt and Equity in Financing U.S. Capital Formation},
	year = {1982},
	note = {Editor and Part Author
},
	publisher = {University of Chicago Press},
	organization = {University of Chicago Press},
	author = {Benjamin M. Friedman},
	editor = {Benjamin M. Friedman}
}
@inbook {29288,
	title = {Financing Capital Formation in the 1980s: Issues for Public Policy},
	booktitle = {Toward a New U.S. Industrial Policy?},
	year = {1981},
	publisher = {University of Pennsylvania Press},
	organization = {University of Pennsylvania Press},
	address = {Philadelphia},
	author = {Benjamin M. Friedman},
	editor = {Wachter and Wachter}
}
@book {29237,
	title = {Monetary Policy in the United States: Design and Implementation},
	year = {1981},
	publisher = {Association of Reserve City Bankers and Toyo Keizai Shinposa},
	organization = {Association of Reserve City Bankers and Toyo Keizai Shinposa},
	address = {Chicago and Tokyo},
	author = {Benjamin M. Friedman}
}
@article {29287,
	title = {Survey Evidence on the {\textquoteright}Rationality{\textquoteright} of Interest Rate Expectations},
	journal = {Journal of Monetary Economics},
	volume = {6},
	year = {1980},
	author = {Benjamin M. Friedman}
}
@inbook {29286,
	title = {Post-War Changes in the American Financial Markets},
	booktitle = {The American Economy in Transition},
	year = {1980},
	publisher = {University of Chicago Press},
	organization = {University of Chicago Press},
	author = {Benjamin M. Friedman},
	editor = {Feldstein}
}
@article {29285,
	title = {The Financing Must Come {\textendash} But From Where?},
	journal = {Harvard Business Review},
	volume = {58},
	year = {1980},
	author = {Benjamin M. Friedman}
}
@article {29284,
	title = {The Effect of Shifting Wealth Ownership on the Term Structure of Interest Rates: The Case of Pensions},
	journal = {Quarterly Journal of Economics},
	volume = {94},
	year = {1980},
	author = {Benjamin M. Friedman}
}
@article {29283,
	title = {The Determination of Long-Term Interest Rates: Implications for Monetary and Fiscal Policies},
	journal = {Journal of Money, Credit and Banking},
	volume = {12},
	year = {1980},
	author = {Benjamin M. Friedman}
}
@article {29282,
	title = {How Important Is Disaggregation in Structural Models of Interest Rate Determination?},
	journal = {Review of Economics and Statistics},
	volume = {62},
	year = {1980},
	author = {Benjamin M. Friedman}
}
@article {29281,
	title = {Models of Long-Term Interest Rate Determination},
	journal = {Journal of Portfolio Management},
	volume = {6},
	year = {1980},
	author = {Benjamin M. Friedman and V. Vance Roley}
}
@article {29280,
	title = {Price Inflation, Portfolio Choice, and Nominal Interest Rates},
	journal = {American Economic Review},
	volume = {70},
	year = {1980},
	author = {Benjamin M. Friedman}
}
@article {29279,
	title = {Investors{\textquoteright} Portfolio Behavior under Alternative Models of Long-Term Interest Rate Expectations: Unitary, Rational, or Autoregressive},
	journal = {Econometrica},
	volume = {47},
	year = {1979},
	author = {Benjamin M. Friedman and V. Vance Roley}
}
@article {29278,
	title = {The Information Value of Observing Monetary Policy Deliberations},
	journal = {Journal of Economic Dynamics and Control},
	volume = {1},
	year = {1979},
	author = {Benjamin M. Friedman}
}
@article {29277,
	title = {Interest Rate Expectations Versus Forward Rates: Evidence from an Expectations Survey},
	journal = {Journal of Finance},
	volume = {34},
	year = {1979},
	author = {Benjamin M. Friedman}
}
@article {29276,
	title = {Substitution and Expectation Effects on Long-Term Borrowing Behavior and Long-Term Interest Rates},
	journal = {Journal of Money, Credit, and Banking},
	volume = {11},
	year = {1979},
	author = {Benjamin M. Friedman}
}
@article {29275,
	title = {Optimal Expectations and the Extreme Information Assumptions of {\quotedblbase}Rational Expectations" Macromodels},
	journal = {Journal of Monetary Economics},
	volume = {5},
	year = {1979},
	author = {Benjamin M. Friedman}
}
@article {29274,
	title = {Crowding Out or Crowding In? The Economic Consequences of Financing Government Deficits},
	journal = {Brookings Papers on Economic Activity},
	volume = {3},
	year = {1978},
	author = {Benjamin M. Friedman}
}
@article {29273,
	title = {Who Puts the Inflation Premium into Nominal Interest Rates?},
	journal = {Journal of Finance},
	volume = {33},
	year = {1978},
	author = {Benjamin M. Friedman}
}
@governmentreport {29272,
	title = {Federal Reserve Independence and the Coordination of National Macroeconomic Policies},
	year = {1978},
	note = {U.S. Congress (95th Congress, 2nd Session)
},
	address = {Washington},
	author = {Benjamin M. Friedman},
	editor = {House of Representatives, Committee on the Budget}
}
@article {29271,
	title = {Interest Rate Uncertainty and the Value of Bond Call Protection},
	journal = {Journal of Political Economy},
	volume = {86},
	year = {1978},
	author = {Benjamin M. Friedman and Zvi Bodie}
}
@article {29270,
	title = {Stability and Rationality in Models of Hyperinflation},
	journal = {International Economic Review},
	volume = {19},
	year = {1978},
	author = {Benjamin M. Friedman}
}
@inbook {29269,
	title = {Public Disclosure and Domestic Monetary Policy},
	booktitle = {Federal Reserve Policies and Public Disclosure},
	year = {1978},
	publisher = {American Enterprise Institute},
	organization = {American Enterprise Institute},
	address = {Washington},
	author = {Benjamin M. Friedman},
	editor = {Erb}
}
@book {29236,
	title = {New Challenges to the Role of Profit},
	year = {1978},
	publisher = {D.C. Heath and Company},
	organization = {D.C. Heath and Company},
	address = {Lexington},
	author = {Benjamin M. Friedman},
	editor = {Benjamin M. Friedman}
}
@article {29268,
	title = {Identifying Identical Distributed Lag Structures by the Use of Prior Sum Constraints},
	journal = {Annals of Economic and Social Measurement},
	volume = {6},
	year = {1977},
	author = {Benjamin M. Friedman and V. Vance Roley}
}
@article {29267,
	title = {The Inefficiency of Short-Run Monetary Targets for Monetary Policy},
	journal = {Brookings Papers on Economic Activity},
	volume = {2},
	year = {1977},
	author = {Benjamin M. Friedman}
}
@inbook {29266,
	title = {Structural Models of Interest Rate Determination and Portfolio Behavior in the Corporate and Government Bond Markets},
	booktitle = {Proceedings of the Business and Economic Statistics Section, Part II},
	year = {1977},
	publisher = {American Statistical Association},
	organization = {American Statistical Association},
	author = {Benjamin M. Friedman and V. Vance Roley}
}
@article {29265,
	title = {Financial Flow Variables and the Short-Run Determination of Long-Term Interest Rates},
	journal = {Journal of Political Economy},
	volume = {85},
	year = {1977},
	author = {Benjamin M. Friedman}
}
@article {29264,
	title = {Even the St. Louis Model Now Believes in Fiscal Policy},
	journal = {Journal of Money, Credit, and Banking},
	volume = {9},
	year = {1977},
	author = {Benjamin M. Friedman}
}
@article {29263,
	title = {Bank Behavior in the Brunner-Meltzer Model},
	journal = {Journal of Monetary Economics},
	volume = {3},
	year = {1977},
	author = {Benjamin M. Friedman and Kenneth C. Froewiss}
}
@article {29262,
	title = {Empirical Issues in Monetary Policy},
	journal = {Journal of Monetary Economics},
	volume = {3},
	year = {1977},
	author = {Benjamin M. Friedman}
}
@inbook {29261,
	title = {Public Pension Funding and U.S. Capital Formation: A Medium-Run View},
	booktitle = {Funding Pensions: Issues and Implications for Financial Markets},
	number = {Federal Reserve Bank of Boston},
	year = {1976},
	publisher = {Federal Reserve Bank of Boston},
	organization = {Federal Reserve Bank of Boston},
	author = {Benjamin M. Friedman}
}
@article {29260,
	title = {Physical Capital Formation and Financial Capital Scarcity},
	journal = {Portfolio: International Economic Perspectives},
	volume = {4},
	year = {1976},
	author = {Benjamin M. Friedman}
}
@article {29259,
	title = {The Theoretical Nondebate about Monetarism},
	journal = {Kredit und Kapital},
	volume = {9},
	year = {1976},
	author = {Benjamin M. Friedman}
}
@article {29258,
	title = {A Note on Uncertainties in Control Applications},
	journal = {Annals of Economic and Social Measurement},
	volume = {5},
	year = {1976},
	author = {Benjamin M. Friedman}
}
@article {29257,
	title = {Monetary Policy for the 1976 Recovery},
	journal = {New England Economic Review},
	volume = {January/February},
	year = {1976},
	author = {Benjamin M. Friedman}
}
@article {29256,
	title = {Targets, Instruments and Indicators of Monetary Policy},
	journal = {Journal of Monetary Economics},
	volume = {1},
	year = {1975},
	author = {Benjamin M. Friedman}
}
@article {29255,
	title = {Bank Capital: The Deposit-Protection Incentive},
	journal = {Journal of Bank Research},
	volume = {6},
	year = {1975},
	author = {Benjamin M. Friedman and Peter Formuzis}
}
@article {29254,
	title = {Regulation Q and the Commercial Loan Market in the 1960"s},
	journal = {Journal of Money, Credit, and Banking},
	volume = {7},
	year = {1975},
	author = {Benjamin M. Friedman}
}
@article {29253,
	title = {Financing the Next Five Years of Fixed Investment},
	journal = {Sloan Management Review},
	volume = {16},
	year = {1975},
	author = {Benjamin M. Friedman}
}
@article {29252,
	title = {The Determination of Long-Term Interest Rates: Why Were Bond Yields So High in 1974?},
	journal = {New England Economic Review},
	volume = {May/June},
	year = {1975},
	author = {Benjamin M. Friedman}
}
@book {29235,
	title = {Economic Stabilization Policy: Methods in Optimization},
	year = {1975},
	publisher = {North-Holland Publishing Company and American Elsevier Publishing Company},
	organization = {North-Holland Publishing Company and American Elsevier Publishing Company},
	address = {Amsterdam and New York},
	author = {Benjamin M. Friedman}
}
@article {29251,
	title = {Unemployment: Okun"s Law, Labor Force, and Productivity},
	journal = {Review of Economics and Statistics},
	volume = {56},
	year = {1974},
	author = {Benjamin M. Friedman and Michael L. Wachter}
}
@inbook {29250,
	title = {Nonlinear Models and Linearly Optimal Policies: An Evaluation},
	booktitle = {Proceedings of the 1973 Conference on Decision and Control},
	year = {1973},
	address = {New York},
	author = {Benjamin M. Friedman and E. Philip Howrey}
}
@article {29249,
	title = {Optimal Economic Stabilization Policy: An Extended Framework},
	journal = {Journal of Political Economy},
	volume = {80},
	year = {1972},
	author = {Benjamin M. Friedman}
}
@article {29248,
	title = {Econometric Stimulation Difficulties: An Illustration},
	journal = {Review of Economics and Statistics},
	volume = {53},
	year = {1971},
	author = {Benjamin M. Friedman}
}
@inbook {29247,
	title = {Tactics and Strategy in Monetary Policy},
	booktitle = {Open Market Policies and Operating Procedures {\textendash} Staff Studies},
	year = {1971},
	author = {Benjamin M. Friedman}
}
