Equilibrium and government commitment

Bank Runs, Deposit Insurance, and Liquidity

Douglas W. Diamond, Philip H. Dybvig · Journal of Political Economy · 1983 · 9.4K citations · Full text

Business, Economics, Finance +13

Rules Rather than Discretion: The Inconsistency of Optimal Plans

Finn E. Kydland, Edward C. Prescott · Journal of Political Economy · 1977 · 7.9K citations

Social Sciences, Economics, Public Policy +15

The Science of Monetary Policy: A New Keynesian Perspective

Richard H. Clarida, Mark Gertler · Journal of Economic Literature · 1999 · 5K citations

Social Sciences, Economics, Public Finance +12

Monetary Policy Rules and Macroeconomic Stability: Evidence and Some Theory*

Richard H. Clarida, Mark Gertler · The Quarterly Journal of Economics · 2000 · 4.7K citations

Social Sciences, Economics, Economic Policy +14

The Optimal Degree of Commitment to an Intermediate Monetary Target

Kenneth Rogoff · The Quarterly Journal of Economics · 1985 · 3.7K citations

Social Sciences, Economics, Behavioral Economics +5