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FORMULATING MONETARY POLICY IN THE 1980S

Introductory Remarks
RONALD L. TEIGEN

Issues in the Coordination of Monetary and Fiscal Policies
ALAN S. BLINDER

Discussion
WILLIAM POOLE

Discussion
JAMES TOBIN

The Role of Expectations in the Choice of Monetary Policy
JOHN B. TAYLOR

Discussion
PHILLIP CAGAN

Discussion
FREDERIC S. MISHKIN

Discussion
ROBERT J. GORDON

Rejoinder
JOHN B. TAYLOR

The Effect of U.S. Policies on Foreign Countries: The Case of Canada
CHARLES FREEDMAN

Discussion
HERMANN-JOSEF DUDLER

Discussion
RICHARD N. COOPER

IMPLEMENTING MONETARY POLICY IN THE 1980S

Introductory Remarks
DONALD D. HESTER

The Effects of Alternative Operating Procedures on Economic and Financial Relationships
CARL E. WALSH

Discussion
BENNETT T. MCCALLUM

Discussion
JAMES L. PIERCE

Selecting Monetary Targets in a Changing Financial Environment
EDWARD J. KANE

Discussion
ROBERT H. RASCHE

Discussion
RAYMOND E. LOMBRA

Using a Credit Aggregate Target to Implement Monetary Policy in the Financial Environment of the Future
BENJAMIN M. FRIEDMAN

Discussion
ALAN H. MELTZER

Discussion
RICHARD G. DAVIS