Philipp Maier

Author

Bank publications

Bank of Canada Review articles

November 11, 2008

Conference Summary: International Experience with the Conduct of Monetary Policy under Inflation Targeting

Bank of Canada Review - Winter 2008-2009 Philipp Maier
Central bankers from inflation-targeting and non-inflation-targeting countries around the world and several distinguished scholars assembled at the Bank of Canada in July 2008 to review the international experience in some detail. This article highlights topics covered in the special lectures and sessions, including how inflation targeting can manage external shocks, various ways in which monetary policy decisions are taken, and the issues of transparency and communications. It also reports on the discussion in the closing panel, which considered options for the future of inflation targeting.
Content Type(s): Publications, Bank of Canada Review articles

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Financial System Review articles

Journal publications

Refereed Journals

  • "Hedge Funds and Financial Stability: Regulating Prime Brokers Will Mitigate Systemic Risks"
    (with Michael King), Journal of Financial Stability, 2009, forthcoming.
  • "Renewing IMF Surveillance: Transparency, Accountability and Independence"
    (with Eric Santor and Robert Lavigne, Review of International Organizations, March 2009, 4: 1
  • "A wave of protectionism? An analysis of economic and political considerations"
    World Economy 2009, 9:2
  • "EMU enlargement: Why flexibility matters"
    (with Maarten Hendrikx), Beyond Transition 2007, January-March, 3.
  • Kakes, J., Maier, P. and Sturm, J.-E.: 2001, Monetary transmission and bank lending in Germany, Kredit und Kapital 31 (4), 505-525.
  • Leertouwer, E. and Maier, P.: 2001, Who creates political business cycles?, European Journal of Political Economy 17 (3), 445-463.
  • Leertouwer, E. and Maier, P.: 2002, International and domestic constraints on political business cycles in OECD economies: A comment, International Organization 56 (1), 209-221.
  • Maier, P.: 2000, Pressure on the Bundesbank?, Kredit und Kapital 33 (4), 1-30.
  • Maier, P.: 2002b, Rhetoric and action, Public Choice 112 (3-4), 235-258.
  • Maier, P. and Bezoen, S.: 2004, Supporting and bashing central banks: The Bundesbank and the European Central Bank, European Journal of Political Economy 20 (4), 923-939.
  • Maier, P. and Cavelaars, P.: 2004, Convergence of price levels: Lessons from the German reunification, Journal of Comparative Economics 32 no3, 467-481.
  • Maier, P. and Hendrikx, M.: 2003, Implications of EMU enlargement for European monetary policy: A political economy view, Kredit und Kapital 36 (2), 137-166.
  • Maier, P. and Knaap, T.: 2002, Who supported the Deutsche Bundesbank?, Journal of Policy Modeling 24 (9), 831-851.
  • Maier, P., Sturm, J.-E. and de Haan, J.: 2002, Political pressure on the Bundesbank: An empirical investigation using the Havrilesky approach, Journal of Macroeconomics 24 (1), 103-123.

Books

  • Maier, P.: 2002a, Political Pressure, Rhetoric and Monetary Policy: Lessons for the European Central Bank, Edward Elgar, Cheltenham.
  • Maier, P. and de Haan, J.: 2000, How independent is the Bundesbank really? A survey, in J. de Haan (ed.), History of the Bundesbank: Lessons for the ECB, Routledge, London, pp. 6-42.

Other Publications

  • King, M. R. and Maier, P.: 2009b, Would greater regulation of hedge funds reduce systemic risk?, in R. W. Kolb (ed.), Lessons from the Financial Crisis: Insights and Analysis from Today's Leading Minds, John Wiley
  • Bosman, R., Maier, P., Sadiraj, V. and van Winden, F.: 2004, Let Me Vote! An experimental study of the effects of vote rotation in committees, De Nederlandsche Bank Working Paper Series 23.
  • Maier, P.: 2004, EMU enlargement, inflation, and adjustment of tradable goods prices: What to expect?, De Nederlandsche Bank Working Paper Series 10.
  • Maier, P.: 2005a, A Global Village without borders? International price differentials at eBay, De Nederlandsche Bank Working Paper Series 44.
  • Maier, P.: 2006, International reserve accumulation: Main drivers, The Accumulation of Foreign Reserves, ECB Occasional Studies, Vol. 43, European Central Bank.
  • Maier, P., Bierut, B. and Berben, R.-P.: 2003, Information accuracy and the optimal representation of regions in a currency union, De Nederlandsche Bank Working Paper Series 2003-08.
  • Wellink, A., Chapple, B. and Maier, P.: 2002, The role of national central banks within the European System of Central Banks: The example of De Nederlandsche Bank, Bank of Austria, 30th Economics Conference, Conference Volume pp. 169-189.