Frederic Mishkin

· Alfred Lerner Professor of Banking and Financial Institutions

Columbia University · Italian

Active 1976–2024

h-index91

Citations34.9k

Papers4883 last 5y

Funding—

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Research topics

Prospects for inflation in a high pressure economy: Is the Phillips curve dead or is it just hibernating?
Research in Economics · 2019-11-27 · 123 citations
articleOpen accessCorresponding
Publisher OA PDF DOI
Rethinking monetary policy after the crisis
Journal of International Money and Finance · 2017-02-21 · 49 citations
article1st authorCorresponding
Publisher DOI
Inflation Targeting
Princeton University Press eBooks · 2018-06-05 · 46 citations
bookOpen access
Publisher OA PDF DOI
Language after liftoff: Fed communication away from the zero lower bound
Research in Economics · 2017-04-21 · 38 citations
articleCorresponding
Publisher DOI
Improving the use of discretion in monetary policy
International Finance · 2018-12-01 · 17 citations
articleOpen access1st authorCorresponding
Abstract This paper argues that the rules versus discretion debate has been miscast because a central bank does not have to choose only between adopting a policy rule versus pure discretion, both of which have serious shortcomings. Rather, it can choose a constrained discretionary regime that has rule‐like attributes. To make monetary policy discretion more rule‐like, it can be improved by (1) adopting a nominal anchor such as an inflation target, a monetary‐policy strategy that has proved to be…
Publisher OA PDF DOI

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