Richard H. Clarida
Columbia University
2 papers in the Anchorcite directory, published between 1999 and 2000, cited 9,771 times in total.
ORCID profileResearch topics
- Monetary Policy and Economic Impact · 2 papers
- Economic Theory and Policy · 2 papers
- Economic theories and models · 1 paper
- Market Dynamics and Volatility · 1 paper
Frequent co-authors
- Jordi Gaĺı · 2 papers
- Mark L. Gertler · 2 papers
Papers
- The Science of Monetary Policy: A New Keynesian PerspectiveJournal of Economic Literature · 1999 · 5,006 citations
The paper reviews the recent literature on monetary policy rules. We exposit the monetary policy design problem within a simple baseline theoretical framework. We then consider the implications of adding various real world complications. Among other things, we show that…
- Monetary Policy Rules and Macroeconomic Stability: Evidence and Some Theory*The Quarterly Journal of Economics · 2000 · 4,765 citations
We estimate a forward-looking monetary policy reaction function for the postwar United States economy, before and after Volcker's appointment as Fed Chairman in 1979. Our results point to substantial differences in the estimated rule across periods. In particular, interest rate…
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