Books in the National Bureau of Economic Research Studies in Business Cycles series

In this volume, economists examine forecasting techniques developed over the past ten years, compare their performance to traditional econometric models, and discuss new methods for forecasting and time - series analysis.

Discusses applied aspects of monetary policy, with practical research on the timing, magnitude, and channels of central bank actions. The authors evaluate a variety of policy rules based on monetary aggregates, nominal income, and commodity prices, analyzing the behaviour of prices and inflation.