In a post today Scott Sumner pays tribute to Bennett McCallum. I am as Scott is a big fan of Dr. McCallum (and of Scott).
I have promised to do some posts on Dr. McCallum’s huge work on Nominal Income Targeting (NIT). I am particularly interested his work on NIT in small open economies, but it is all worth reading.
I suggest anybody interested in Dr. McCallum’s work starts at EconPapers. Take a look here and start downloading. I welcome anybody who would like to do guest blogs on their reading of Dr. McCallum’s work.