Monetary Policy and Inflation in the 1980s: A Personal View

18 Pages Posted: 17 Oct 2007 Last revised: 26 Oct 2022

See all articles by Martin S. Feldstein

Martin S. Feldstein

National Bureau of Economic Research (NBER) (deceased); Harvard University (deceased)

Date Written: April 1993

Abstract

This paper, which was written as a part of the NBER project on American economic policy in the 1980s, reviews some of the major changes in monetary policy during that period. The paper tries to explain why policies changed in the way that they did and looks particularly at the role of economists and economic analysis in shaping those developments.

Suggested Citation

Feldstein, Martin S., Monetary Policy and Inflation in the 1980s: A Personal View (April 1993). NBER Working Paper No. w4322, Available at SSRN: https://ssrn.com/abstract=349265

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