Barro, R. J., and Gordon, D. B. (1983) “A Positive Theory of Monetary Policy in a Natural Rate Model.” Journal of Political Economy 91 (August): 589–610.
Blinder, A. S. (1997) “Distinguished Lecture on Economics in Government: What Central Bankers Could Learn from Academics—and Vice Versa.” Journal of Economic Perspectives 11 (Spring): 3–19.
Federal Open Market Committee [FOMC] (2019) “Statement on Longer‐Run Goals and Monetary Policy Strategy.” Available at www.federalreserve.gov/monetarypolicy/files/FOMC_LongerRunGoals.pdf.
Friedman, M. (1960) A Program for Monetary Stability. New York: Fordham University Press.
Hess, G. D., and Orphanides, A. (2018) “Monetary Policy Normalization Should Be More Systematic and Less Wobbly.” Position Paper. New York: Shadow Open Market Committee (March 9).
Hetzel, R. L. (1986) “A Congressional Mandate for Monetary Policy.” Cato Journal 5 (Winter): 797–820.
Ireland, P. N. (2019a) “Interest on Reserves: History and Rationale, Complications and Risks.” Cato Journal 39 (Spring/Summer): 327–37.
___________ (2019b) “Monetary Policy Implementation: Making Better and More Consistent Use of the Federal Reserve’s Balance Sheet.” Journal of Applied Corporate Finance 31 (Fall): 68–76.
Kane, E. J. (1980) “Politics and Fed Policymaking: The More Things Change, the More They Remain the Same.” Journal of Monetary Economics 6 (April): 199–211.
___________ (1988) “Fedbashing and the Role of Monetary Arrangements in Managing Political Stress.” In T. D. Willett (ed.), Political Business Cycles: The Political Economy of Money, Inflation, and Unemployment, 479–89. Durham, N. C.: Duke University Press.
Kydland, F. E., and Prescott, E. C. (1977) “Rules Rather than Discretion: The Inconsistency of Optimal Plans.” Journal of Political Economy 85 (1977): 473–92.
McCallum, B. T. (1995) “Two Fallacies Concerning Central‐Bank Independence. American Economic Review 85 (May): 207–11.
___________ (1997) “Crucial Issues Concerning Central Bank Independence.” Journal of Monetary Economics 39 (June): 99–112.
Meltzer, A. H. (2005) “Origins of the Great Inflation.” Federal Reserve Bank of St. Louis Review 87 (March/April): 145–75.
___________ (2009a) A History of the Federal Reserve: Volume 2, Book 1, 1951–1969. Chicago: University of Chicago Press.
___________ (2009b) A History of the Federal Reserve: Volume 2, Book 2, 1970–1986. Chicago: University of Chicago Press.
Mishkin, F. S. (2000) “What Should Central Banks Do?” Federal Reserve Bank of St. Louis Review 82 (November/December): 1–13.
Orphanides, A. (2019) “Monetary Policy Strategy and its Communication.” Paper presented at the Federal Reserve Bank of Kansas City Economic Policy Symposium, Challenges for Monetary Policy, Jackson Hole, August 23. Available at www.kansascityfed.org/~/media/files/publicat/sympos/2019/20190819orphanides.pdf.
Plosser, C. I. (2018) “The Risks of a Fed Balance Sheet Unconstrained by Monetary Policy.” In M. D. Bordo, J. H. Cochrane, and A. Seru (eds.), The Structural Foundations of Monetary Policy, 1–16. Stanford, Calif.: Hoover Institution Press.
Taylor, J. B. (1993) “Discretion versus Policy Rules in Practice.” Carnegie‐Rochester Conference Series of Public Policy 39 (December): 195–214.
Tolley, G. S. (1957) “Providing for Growth of the Money Supply.” Journal of Political Economy 65 (December): 465–85.
Woolley, J. T. (1984) Monetary Politics: The Federal Reserve and the Politics of Monetary Policy. New York: Cambridge University Press.