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American Economic Review: Vol. 91 No. 2 (May 2001)

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Should Monetary Policy Respond Strongly to Output Gaps?

Article Citation

McCallum, Bennett T. 2001. "Should Monetary Policy Respond Strongly to Output Gaps?" American Economic Review, 91(2): 258-262.

DOI: 10.1257/aer.91.2.258

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McCallum, Bennett T. (Carnegie Mellon U)

JEL Classifications

E52: Monetary Policy
E58: Central Banks and Their Policies


American Economic Review


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