Monetary policy

"Demonetization on Five Continents," Korea Herald. Dec.26, 2016.

Lower Interest Rates are Not the Demon of Populist Claims,” The Guardian, Oct. 25, 2016.  "The Blind Alley of Monetary Populists," Project Syndicate, Oct. 25, 2016.

"Potential Output" (PDF), Outline of Introductory Comments, Bellagio Group, Banca d'Italia, January 2016.

Should Central Banks Care About Exchange Rates in Addition to Inflation?” SNB-IMF Conference on the International Monetary System, Zurich, May 13, 2014.

Why the ECB Should Buy US Treasuries,” Keynote Speech, Tower Center / Owens Memorial Foundation Conference: The Political Economy of International Money,Federal Reserve Bank of Dallas & Southern Methodist University, Dallas, Texas, Apr.4, 2014.

"Fischer, the Fed & US Growth,"  Project Syndicate, Dec.23, 2013.  Why Stanley Fischer is a Great Choice,” The Guardian, Dec.27.  Extended in "Stan Fischer, The Fed, & Sub-par US Economic Growth."

Central banks can phase in nominal GDP targets without damaging the inflation anchor?” VoxEU, Dec.19, 2012.  

"Time for Nominal Growth Targets," Project SyndicateDec.16.  E.g. "Is it Time for Nominal Growth Targets?The Guardian, UK, Dec.17, 2012. 


Inflation Targeting is Dead. Long Live Nominal GDP Targeting,” Vox, June 19, 2012.     "The Death of Inflation Targeting," Project Syndicate, May 16, 2012; incl. Korea Herald  5/27/12.

Commentary from U.S. (The Money IllusionMacroMarketMusingsEconoMonitor), Brazil (Global Economic SymposiumHistorinhas); India (Mostly Economics)South Africa (Twenty-third Floor); Denmark(The Market Monetarist); Iceland (Icelandic Economics)

 

"The Pot Again Calls the Kettle Red," Economonitor, Nov. 17, 2010.