Freeman, Richard T, and Jonathan L Willis, “Targeting Inflation in the 1990s: Recent Challenges,” Federal Reserve Board International Finance Discussion Paper #525. Galbraith, James K, “The Inflation Obsession: Flying in the Face of Facts,” Foreign Affairs, January-February, 78, 152-156. Kahn, George A, and Klara Parrish, “Conducting Monetary Policy with Inflation Targets,” Federal Reserve Bank of Kansas City Economic Review, 3rd Quarter, 5-32.
King, Mervyn, “Challenges for Monetary Policy: New and Old,” New Challenges for Monetary Policy, Federal Reserve Bank of Kansas City, forthcoming. Krugman, Paul R, “It’s Back: Japan’s Slump and the Return of the Liquidity Trap,” Brookings Papers on Economic Activity, 2:1998, 137-206. Kuttner, Kenneth N, and Adam S Posen, “Does Talk Matter After All?