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Special issue: “Money and monetary policy in a changing world”
NORTH-HOlLAND
Call for Papers Special Issue: "Money and Monetary Policy in a Changing World" Monetary policy makers must act in an environment that is changeable and uncertain. Longterm stable relationships that have seemingly stood the test of time may break down. Such shifts may reflect changes in the regulatory framework, new techniques of financial engineering, more basic changes in economic surrounding, or even the failure to specify the relationship correctly at the outset. Such shifts impose burdens on the policy maker, who is forced to adapt to changing relationships, and on the public, who must predict the central bank's reaction. The Journal of Economics and Business plans to publish a special issue in 1999 dealing with theoretical and empirical papers on the specification and implementation of monetary policy in the presence of changing structural relationships. We welcome papers on learning about policy changes, policy under parameter uncertainty, the evaluation of policy rules in an uncertain world, as well as specific case studies that examine shifts in money and asset demands, and the Phillips' curve. Papers that address monetary policy indicators, such as money and interest rates, or the monetary policy transmission mechanism in the presence of such changes would also be welcomed. All papers will be refereed. The deadline for submission is September 1, 1998. Authors should submit four copies of their paper to the editor of the special issue, Richard D. Porter, Division of Monetary Affairs, Board of Governors of the Federal Reserve System, Washington, DC 20551.
Joumal of Economics and Business 1997; 49:397 © 1997 Temple University
0148-6195/97/$17.00 PII S0148-6195(97)00042-8
Call for Papers Special Issue: "Money and Monetary Policy in a Changing World" Monetary policy makers must act in an environment that is changeable and uncertain. Longterm stable relationships that have seemingly stood the test of time may break down. Such shifts may reflect changes in the regulatory framework, new techniques of financial engineering, more basic changes in economic surrounding, or even the failure to specify the relationship correctly at the outset. Such shifts impose burdens on the policy maker, who is forced to adapt to changing relationships, and on the public, who must predict the central bank's reaction. The Journal of Economics and Business plans to publish a special issue in 1999 dealing with theoretical and empirical papers on the specification and implementation of monetary policy in the presence of changing structural relationships. We welcome papers on learning about policy changes, policy under parameter uncertainty, the evaluation of policy rules in an uncertain world, as well as specific case studies that examine shifts in money and asset demands, and the Phillips' curve. Papers that address monetary policy indicators, such as money and interest rates, or the monetary policy transmission mechanism in the presence of such changes would also be welcomed. All papers will be refereed. The deadline for submission is September 1, 1998. Authors should submit four copies of their paper to the editor of the special issue, Richard D. Porter, Division of Monetary Affairs, Board of Governors of the Federal Reserve System, Washington, DC 20551.
Joumal of Economics and Business 1997; 49:397 © 1997 Temple University
0148-6195/97/$17.00 PII S0148-6195(97)00042-8