Optimal monetary policy under uncertainty

Contents: Preface -- Part I: Imperfect information, responses to shocks, and credibility issues -- 1. Introduction, Part 1 -- 2. A basic model and some early results -- 3. The strategy of monetary policy: Targets, instruments and information variables -- 4. A variable price level, supply shocks and rational expectations -- 5. Optimal monetary and exchange rate policy in the open economy -- 6. Monetary policy credibility -- Part II: Optimal monetary policy: A new Keynesian perspective -- 7. Introduction, Part 2 -- 8. The Phillips curve: An evolving concept -- 9. The forward-looking model: The closed economy -- 10. The forward-looking model: Additional topics -- 11. The forward-looking model: The open economy -- 12. The new Keynesian model: The backward-looking case -- Part III: Research in monetary policy since the global financial crisis -- 13. Introduction, Part 3 -- 14. Money and finance in Keynesian models -- 15. Rethinking stabilization policy -- 16. Financial markets since the crisis: A smorgasbord of issues -- Bibliography -- Index.