Marvin Goodfriend

Institutional Affiliation: Carnegie Mellon University

NBER Working Papers and Publications

June 2013The Great Inflation Drift
with Robert G. King
in The Great Inflation: The Rebirth of Modern Central Banking, Michael D. Bordo and Athanasios Orphanides, editors
April 2009The Great Inflation Drift
with Robert G. King: w14862
November 2007How the World Achieved Consensus on Monetary Policy

Published: Marvin Goodfriend, 2007. "How the World Achieved Consensus on Monetary Policy," Journal of Economic Perspectives, American Economic Association, vol. 21(4), pages 47-68, Fall. citation courtesy of

June 2007Banking and Interest Rates in Monetary Policy Analysis: A Quantitative Exploration
with Bennett T. McCallum: w13207


August 2005The Incredible Volcker Disinflation
with Robert King: w11562

Published: Goodfriend, Marvin and Robert G. King. "The Incredible Volcker Disinflation," Journal of Monetary Economics, 2005, v52(5,Jul), 981-1015. citation courtesy of

December 2004Inflation Targeting in the United States?
in The Inflation-Targeting Debate, Ben S. Bernanke and Michael Woodford, editors
September 2003Inflation Targeting in the United States?
August 2001The Case for Price Stability
with Robert G. King: w8423
January 1997The New Neoclassical Synthesis and the Role of Monetary Policy
with Robert King
in NBER Macroeconomics Annual 1997, Volume 12, Ben S. Bernanke and Julio J. Rotemberg
February 1987Money: Theoretical Analysis of the Demand for Money
with Bennett T. McCallum: w2157


  • McCallum, Bennett T. and Marvin S. Goodfriend. "Demand for Money: Theoreticl Studies," The New Palgrave: A Dictionary of Economics, ed. by J. Eatwell, P. Newman and M. Milgate. London: The Macmillan Press and New York: Stockton Press, 1987.
  • McCallum, Bennett T. and Marvin S. Goodfriend. "Theoretical Analysis Of The Demand For Money," FRB Richmond - Economic Review, 1988, v74(1), 16-24.

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