Description
Preface – Notes on the Contributors – Opening Remarks; Y.Matsushita – PART 1: KEYNOTE SPEECHES – On Making Monetary Policy More Effective Domestically and Internationally; A.H.Meltzer – Policy Rules as a Means to a More Effective Monetary Policy; J.B.Taylor – Styles of Monetary Management; T.Padoa-Schioppa – PART 2: EXPLORATION OF A FRAMEWORK FOR EFFECTIVE MONETARY POLICY – Inflation Control and Monetary Policy Rules; D.Laidler – Comments; M.Mussa – Challenges for Monetary Policy in the Evolving Financial Environment; D.W.Mullins,Jr – Comments; M.H.Moskow – PART 3: EXPERIENCE WITH MONETARY POLICY GUIDELINES – The Rise and Fall of Money Growth Targets as Guidelines for US Monetary Policy; B.M.Friedman – Comments; D.Longworth & G.Rich – Monetary Targeting in Germany; M.J.M.Neumann – Comments; W.R.White & J.L.Jordan – Inflation Targeting in Canada, New Zealand, Sweden, the United Kingdom and in General; B.T.McCallum – Comments; D.Mayes & J.H.Beebe – Japanese Monetary Policy, Rules or Discretion? Part II; K.Ueda – Comments; F.S.Mishkin, K.Andersson & M.Goodfriend – PART 4: CENTRAL BANK INDEPENDENCE AND ACCOUNTABILITY – Independence and Accountability; C.Briault, A.Haldane & M.King – Comments; R.Reynders, D.L.Kohn & R.Konig – Central Bank Independence in the European Union; F.Bruni – Comments; R.Raymond, C.E.Minehan & C.B.Briault – PART 5: CONCLUDING SUMMARY – Towards More Effective Monetary Policy: Concluding Remarks; G.Tabellini – PART 6: BACKGROUND PAPER – The Policy Objectives and the Optimal Institutional Framework of a Central Bank; K.Okina – Participants – Index
