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Author:Walsh, Carl E. 

Journal Article
New views of the business cycle: has the past emphasis on money been misplaced?

Business Review , Issue Jan , Pages 3-13

Working Paper
Presidential popularity, presidential policies

Working Papers in Applied Economic Theory , Paper 92-01

Journal Article
Is there a cost to having an independent central bank?

FRBSF Economic Letter

Journal Article
The productivity and jobs connection: the long and the short run of it

FRBSF Economic Letter

Working Paper
Central bank institutional design and the output cost of disinflation: did the 1989 New Zealand Reserve Bank Act affect the output-inflation tradeoff?

Pacific Basin Working Paper Series , Paper 97-02

Working Paper
Central bank independence and the costs of disinflation in the EC

Working Papers in Applied Economic Theory , Paper 94-04

Journal Article
Announcements and the role of policy guidance

By providing guidance about future economic developments, central banks can affect private sector expectations and decisions. This can improve welfare by reducing private sector forecast errors, but it can also magnify the impact of noise in central bank forecasts. I employ a model of heterogeneous information to compare outcomes under opaque and transparent monetary policies. While better central bank information is always welfare improving, more central bank information may not be.
Review , Volume 90 , Issue Jul , Pages 421-442

Working Paper
On the limitations of government borrowing: a framework for empirical testing: comment

Working Papers in Applied Economic Theory , Paper 87-07

Journal Article
A primer on monetary policy. Part 1, goals and instruments

FRBSF Economic Letter

Journal Article
Should the Federal Reserve establish a real interest rate target?

Economic Review , Volume 68 , Issue Jun , Pages 22-33

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Monetary policy 17 items

Monetary policy - United States 15 items

Inflation (Finance) 12 items

Banks and banking, Central 9 items

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Monetary policy - New Zealand 8 items

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