Product Information
This timely volume presents the latest thinking on the monetary policy rules and seeks to determine just what types of rules and policy guidelines function best. A unique cooperative research effort that allowed contributors to evaluate different policy rules using their own specific approaches, this collection presents their striking findings on the potential response of interest rates to an array of variables, including alterations in the rates of inflation, unemployment, and exchange. Monetary Policy Rules 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 central banks, Monetary Policy Rules is essential reading for economic analysts and policymakers alike.Product Identifiers
PublisherThe University of Chicago Press
ISBN-139780226791258
eBay Product ID (ePID)96711266
Product Key Features
Number of Pages458 Pages
Publication NameMonetary Policy Rules
LanguageEnglish
SubjectEconomics, Government
Publication Year2001
TypeTextbook
AuthorJohn B. Taylor
FormatPaperback
Dimensions
Item Height226 mm
Item Weight612 g
Additional Product Features
Country/Region of ManufactureUnited States
Series Title(Nber) National Bureau of Economic Research Business Cycles (Chup)