Alichi, A., H. Chen, K. Clinton, C. Freedman, M.J. Johnson, O. Kamenik, Turgut Kisinbay, and D. Laxton, 2009, Inflation Targeting
Under Imperfect Policy Credibility, IMF Working Paper 09/94 (April 2009).
Alichi, A., K. Clinton, J. Dagher, O. Kamenik, D. Laxton, and M. Mills, 2010, "A Model for Full-Fledged Inflation Targeting
and Application to Ghana", IMF Working Paper 10/25 (January 2010).
Download Code for "Inflation Targeting Under Imperfect Policy Credibility" paper (requires Dynare++ 1.3.7 and Sirius)
Andrle, M., C. Freedman, R. Garcia-Saltos, K. Hermawan, D. Laxton, and H. Munandar, 2009, "Adding Indonesia to the Global
Projection Model," IMF Working Paper 09/255 (November 2009).
Batini, Nicoletta and Douglas Laxton, 2007, “Under What Conditions Can Inflation Targeting
Be Adopted? The Experience of Emerging Markets," in Monetary Policy under Inflation Targeting, ed. by Frederick
S. Mishkin and Klaus Schmidt-Hebbel (Chile: Banco Central de Chile), pp. 467–506.
Batini, N., K. Kuttner, and D. Laxton, 2005, Does Inflation Targeting Work in Emerging Markets? Chapter 4 of the September
2005 World Economic Outlook, International Monetary Fund.
Bayoumi, T., M. Kumhof, D. Laxton and K. Naknoi, 2004, "Exchange Rate Regimes, International
Linkages and the Macroeconomic Performance of the New Member States," policy version prepared for a high level conference
at the ECB in October and an extended more analytical version was prepared for the IMF Annual Research Conference, November
2004.
Bayoumi, T., D. Laxton and P. Pesenti, 2004, Benefits and Spillovers of Greater Competition in Europe: A Macroeconomic Assessment,
ECB Working Paper No. 341 and NBER Working Paper No. 10416.
Berg, A., P. Karam, and D. Laxton, 2006, A Practical Model-Based Approach to Monetary Policy AnalysisOverview, IMF Working
Paper 06/080 (April 2006).
Berg, A., P. Karam, and D. Laxton, 2006, Practical Model-Based Monetary Policy AnalysisA How-to Guide, IMF Working Paper 06/081
(April 2006).
Catão, L., D. Laxton, and A. Pagan, 2008, Monetary Transmission in an Emerging Targeter: The Case of Brazil, IMF Working Paper
no. 08/191 (Washington, D.C.: International Monetary Fund).
Clinton, K., M. Johnson, O. Kamenik and D. Laxton, 2010, "International Deflation Risks Under Alternative Macroeconomic Policies,"
Journal of Japanese and International Economies.
Coats, W., D. Laxton and D. Rose, 2003, The Czech National Banks Forecasting and Policy Analysis System,
(Prague, Czech Republic: Czech National Bank).
Decressin, J. and D. Laxton, 2009, "Gauging Risks For Deflation," IMF Staff Position Paper No. 09/01 (Washington DC.: International
Monetary Fund.
Epstein, N., D. Laxton, P. Karam, and D. Rose, 2006, A Simple Forecasting and Policy Analysis System for Israel: Structure
and Applications in Israel: Selected Issues, IMF Country Report, No. 06/121 (March 2006).
Freedman, C., and D. Laxton, 2009, Why Inflation Targeting?, IMF Working Paper No. 09/86 (Washington, DC.: International Monetary
Fund) and Chapter 2 of On Implementing Full-Fledged Inflation-Targeting Regimes: Saying What You Do and Doing What you Say,
unpublished manuscript by C. Freedman, D. Laxton and I. Okter-Robe.
Freedman, C., and D. Laxton, 2009, IT Framework Design Parameters, IMF Working Paper No. 09/87 (Washington, DC.: International
Monetary Fund) and Chapter 3 of On Implementing Full-Fledged Inflation-Targeting Regimes: Saying What You Do and Doing What
you Say, unpublished manuscript by C. Freedman, D. Laxton and I. Okter-Robe.
Goretti, M., and D. Laxton, 2005, Long-Term Inflation Expectations and Credibility, Box 4.2 in Chapter 4 of the September
2005 World Economic Outlook, International Monetary Fund.
Gray, Gavin, Thomas Harjes, Andy Jobst, Douglas Laxton, Natalia Tamirisa, and Emil Stavrev, 2007, The Euro and New Member
States, in IMF Staff Country Report, No. 07/259, (Washington: International Monetary Fund) pp. 545.
Helbling, T., D. Laxton, V. Mercer-Blackman and I. Tytell, 2008, Is Inflation Back? Commodity Prices and Inflation Chapter
3 of the October 2008 World Economic Outlook, International Monetary Fund.
Hunt, B. and D. Laxton, 2003, The Zero-Interest-Rate Floor and Its Implications for Monetary Policy
in Japan, in Japans Lost Decade: Policies for Economic Revival,
Hunt, B. and D. Laxton, 2003, “The Zero-Interest-Rate Floor and Its Implications for Monetary
Policy in Japan,” in Japan’s Lost Decade: Policies for Economic Revival, ed. by Tim Callen and Jonathan Ostry
(Washington, D.C.: International Monetary Fund).
Juillard, M., P. Karam, D. Laxton, and P. Pesenti, 2006, A Simple Welfare-Based Monetary Policy Rule in an Estimated DSGE
Model of the US Economy, ECB Working Paper No. 613.
Kamenik, O., H. Kiem, V. Klyuev, and D, Laxton, 2008, Why is Canadas Price Level so Predictable? IMF Working Paper 08/25 (January
2008).
Karam, P., D. Laxton, D. Rose, and N. Tamirisa, 2008, “The Macroeconomic
Costs and Benefits of Adopting the Euro,” IMF Staff Papers,
Vol. 55, No. 2, pp. 339–55.
Karam. P., D. Laxton and N. Tamirisa, 2005, Monetary Policy Implications of Capital Account Volatility Under an Inflation
Targeting Regime, in Czech Republic: Selected Issues, IMF Country Report, No. 05/275 (August 2005).
Kumhof, M., D. Laxton, and D. Muir, 2008, Monetary Policy Regimes and Commodity Prices Box 3.3 of Chapter 3 of the October
2008 World Economic Outlook, International Monetary Fund.
Kumhof, M.. D. Laxton. and K. Naknoi, 2008, "Does
the Exchange Rate Belong in Monetary Policy Rules? New Answers from a DSGE Model with Endogenous Tradability and Trade Frictions,"
paper prepared for an ECB Conference on Globalisation and the Marcoeconomy, July 23–34, 2007 in Frankfurt, Germany.
Kumhof, M. and D. Laxton, 2007, Improved Macroeconomic PerformanceGood Luck or Good Policies Box 5.2 of Chapter 5 of the October
2007 World Economic Outlook, International Monetary Fund.
Laxton, D., D. Rose and A. Scott, 2008, “Developing a Structured Forecasting
and Policy Analysis System,” Chapter prepared for a book on implementation issues for Inflation Targeting. Draft available
from authors.
Laxton, D., P. NDiaye, and P. Pesenti, 2006, Shocks, Monetary Rules: A Scenario Analysis for Japan, Journal of Japanese and
International Economies, doi: 10.1016/j.jjie.2006.08.004.
Laxton, D., and P. Pesenti, 2003, Monetary Policy Rules for Small, Open, Emerging Economies, Journal of Monetary Economics,
Vol. 50 (July), pp. 1109-1146.
