NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

The Central-Bank Balance Sheet as an Instrument of Monetary Policy

Vasco Curdia, Michael Woodford

NBER Working Paper No. 16208
Issued in July 2010

---- Acknowledgements -----

Prepared for the 75th Carnegie-Rochester Conference on Public Policy, "The Future of Central Banking,'' April 16-17, 2010. We thank Harris Dellas, Gauti Eggertsson, Marvin Goodfriend, Bob Hall, James McAndrews, Shigenori Shiratsuka, Oreste Tristani, Kazuo Ueda and Tsutomu Watanabe for helpful discussions, Ging Cee Ng for research assistance, and the NSF for research support of the second author. The views expressed in this paper are those of the authors and do not necessarily reflect positions of the Federal Reserve Bank of New York, the Federal Reserve System, or the National Bureau of Economic Research.

return to bibliography page

 
Publications
Activities
Meetings
NBER Videos
Data
People
About

Support
National Bureau of Economic Research, 1050 Massachusetts Ave., Cambridge, MA 02138; 617-868-3900; email: info@nber.org

Contact Us