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Monetary Policy Rules (National Bureau of Economic Research Studies in Income and Wealth)
John B Taylor
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Description for Monetary Policy Rules (National Bureau of Economic Research Studies in Income and Wealth)
Paperback. Presents late-1990s thinking on monetary policy rules. The text seeks to determine which types of rules/policy guidelines function best. It presents research findings on the potential response of interest rates to an array of variables, including alterations in the rates of inflation and exchange. Series: NBER Business Cycles S. Num Pages: 448 pages, 82 line drawings, 33 tables. BIC Classification: JPQB; KCBM. Category: (P) Professional & Vocational; (U) Tertiary Education (US: College). Dimension: 153 x 227 x 25. Weight in Grams: 624.
This volume presents late-1990s thinking on monetary policy rules and seeks to determine just what types of rules and policy guidelines function best. A co-operative research effort that allowed contributors to evaluate different policy rules using their own specific approaches, this collection presents their findings on the potential response of interest rates to an array of variables, including alterations in the rates of inflation, unemployment, and exchange. This work illustrates that simple policy rules are more robust and more efficient than complex rules with multiple variables. A state-of-the-art appraisal of the fundamental issues facing the Federal Reserve Board and other ... Read more
This volume presents late-1990s thinking on monetary policy rules and seeks to determine just what types of rules and policy guidelines function best. A co-operative research effort that allowed contributors to evaluate different policy rules using their own specific approaches, this collection presents their findings on the potential response of interest rates to an array of variables, including alterations in the rates of inflation, unemployment, and exchange. This work illustrates that simple policy rules are more robust and more efficient than complex rules with multiple variables. A state-of-the-art appraisal of the fundamental issues facing the Federal Reserve Board and other ... Read more
Product Details
Format
Paperback
Publication date
2001
Publisher
University Of Chicago Press
Number of pages
448
Condition
New
Series
NBER Business Cycles S.
Number of Pages
458
Place of Publication
, United States
ISBN
9780226791258
SKU
V9780226791258
Shipping Time
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Ref
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