NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

Comment on "Falling Behind the Curve: A Positive Analysis of Stop-Start Monetary Policies and the Great Inflation"

Bennett T. McCallum

Chapter in forthcoming NBER book The Great Inflation: The Rebirth of Modern Central Banking, Michael D. Bordo and Athanasios Orphanides, editors
Conference held September 25-27, 2008
Forthcoming from University of Chicago Press

---- Acknowledgements -----

At the time of the conference, I had an ongoing consulting relationship with the Federal Reserve Bank of Richmond.

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