Use the AIER Custom Search to find articles and research published on a specific date. If you are looking for a range of dates and / or keyword, please choose Advanced Search below.
Page 1 of 1
Prof. James M. Buchanan Is the 2010 Recipient of FSSO’s Lifetime Achievement Award
Professor Emeritus of Economics at George Mason University and Nobel Laureate James M. Buchanan received the Fund for the Study of Spontaneous Orders’ Lifetime Achievement Award at George Mason University on September 9th, 2010. The event was co-hosted by Fund for the Study of Spontaneous Orders at the Atlas Economic Research Foundation, Liberty Fund, George Mason […]
READ MORE“The Optimal Degree of Discretion in Monetary Policy”
“How much discretion should the monetary authority have in setting its policy? This question is analyzed in an economy with an agreed-upon social welfare function that depends on the economy’s randomly fluctuating state. The monetary authority has private information about that state. Well designed rules trade off society’s desire to give the monetary authority discretion […]
READ MORE“A Comparison of Three Institutions for Monetary Policy When Central Bankers Have Private Objectives”
“How do different institutional arrangements for the central bank perform when central bankers have private objectives and society’s objectives vary with time? This paper evaluates three benchmark monetary institutions from a constitutional perspective: (i) a contract with an inflation- or monetary target announcement; (ii) an inflation rule, (iii) the laissez faire policy, i.e., the absence of […]
READ MOREPage 1 of 1
