James Hoehn

A discussion of the circumstances under which interest rate rules are consistent with nominal determinacy in macroeconomic models.

A reconsideration of the role of monetary policy in a multiperiod sticky-wage model that incorporates rational expectations and displays the natural rate property.

An investigation of the ways in which rational expectations theory fundamentally changes monetary policy analysis and an attempt to generalize the implications of such analysis.

The series methods are used to determine what information Ohio and national statistics convey about the current and future state of the regional economy.

The monetary control literature has attempted to explore the effects of alternative policies without succeeding in incorporating rational expectations or in integrating analysis of the money supply sector into a complete macroeconomic framework.

A method for building a time series regional forecasting model is proposed and implemented for the state of Texas.

How should monetary policy use its control over money and prices to influence employment and output?

Can monetary policy act to stabilize the economy? Should policy attempt to do so?