Peter Ireland

Shadow Open Market Committee Position Papers

Update on Monetary Conditions: Spring 2024, April 2024

The Continuing Case for Nominal GDP Level Targeting, April 2022

Substantial Progress, Transitory vs Persistent, and the Appropriate Calibration of Monetary Policy (co-authored with Mickey Levy), October 2021

Valse Hot? The Recovery and the Risks Ahead, June 2021

End Interest on Bank Reserves, September 2020

The Time is Right for Nominal GDP Level Targeting, June 2020

Monetary Policy Rules: SOMC History and a Recent Case Study, March 2020

Monetary Policy Implementation: Making Better and More Consistent Use of the Federal Reserve's Balance Sheet, March 2019

Economic Conditions and Policy Strategies: A Monetarist View, October 2018

Interest on Reserves: History and Rationale, Complications and Risks, March 2018

A Monetarist View of Policy Renormalization, September 2017

A Strategy for Normalizing Monetary Policy (co-authored with Mickey Levy), April 2017

Could The Fed Do More to Please the Public?, October 2016

Why Has Nominal Income Growth Been So Slow?, April 2016

The Classical Theory of Inflation and Its Uses Today, November 2014

Shifting Perspectives on the Dual Mandate, March 2014

Is the Fed's Exit on Track? Assessing the Indicators, September 2013

Refocusing the Fed, November 2012

Innovations to Federal Reserve Strategy: Opportunities Seized and Opportunities Lost, April 2012

What the Political System Can Do to Help the Fed, October 2011


Peter Ireland's Homepage