This PDF is a selection from an out-of-print volume from the National Bureau of Economic Research Volume Title: NBER Macroeconomics Annual 1995, Volume 10 Volume Author/Editor: Ben S. Bernanke and Julio J. Rotemberg, eds. Volume Publisher: MIT Press Volume ISBN: 0-262-02394-6 Volume URL: http://www.nber.org/books/bern95-1 Conference Date: March 10-11, 1995 Publication Date: January 1995 Chapter Title: Recent Central-Bank Reforms and the Role of Price Stability as the Sole Objective of Monetary Policy Chapter Author: Carl E. Walsh Chapter URL: http://www.nber.org/chapters/c11020 Chapter pages in book: (p. 237 - 252)