Description:V. 3A. The Mechanism-design approach to monetary theory / Neil Wallace -- New monetarist economics: models / Stephen Williamson and Randall Wright -- Money and inflation: some critical issues / Bennett T. McCallum and Edward Nelson -- Foundations: information and adjustment. Rational inattention and monetary economics / Christopher A. Sims -- Imperfect information and aggregate supply / N. Gregory Mankiw and Ricardo Reis -- Microeconomic evidence on price-setting / Peter J. Klenow and Benjamin A. Malin -- Models of the monetary transmission mechanism. DSGE models for monetary policy analysis / Lawrence J. Christiano, Mathias Trabandt, and Karl Walentin -- How has the monetary transmission mechanism evolved over time? / Jean Boivin, Michael T. Kiley, and Frederic S. Mishkin -- Inflation persistence / Jeffrey C. Fuhrer -- Monetary policy and unemployment / Jordi Gali -- Financial intermediation and credit policy in business cycle analysis / Mark Gertler and Nobuhiro Kiyotaki -- Financial intermediaries and monetary economics / Tobias Adrian and Hyun Song Shin -- v. 3B. Optical monetary policy / Stephanie Schmitt-Grohé and Martin Uribe -- Optimal monetary stabilization policy / Michael Woodford -- Simple and robust rules for monetary policy / John B. Taylor and John C. Williams -- Optical monetary policy in open economics / Giancarlo Corsetti, Luca Dedola, and Sylvain Leduc -- Constraints on monetary policy. The interaction between monetary and fiscal policy / Matthew Canzoneri, Robert Cumby, and Behzad Diba -- The politics of monetary policy / Alberto Alesina and Andrea Stella -- Inflation expectations, adaptive learning and optimal monetary policy / Vitor Gaspar, Frank Smets, and David Vestin -- Wanting robustness in macroeconomics / Lars Peter Hansen and Thomas J. Sargent -- Monetary policy in practice. Monetary policy regimes and economic performance: the historical record, 1979-2008 / Luca Benati and Charles Goodhart -- Inflation targeting / Lars E.O. Svensson -- The performance of alternative monetary regimes / Laurence Ball -- Implementation of monetary policy: how do central banks set interest rates? / Benjamin M. Friedman and Kenneth N. Kuttner -- Monetary policy in emerging markets / Jeffrey Frankel