Monetary Policy Rules
By (author) John B. Taylor
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Monetary Policy Rules by John B. Taylor
Book DescriptionThis 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 central banks, the text should be of interest for economic analysts and policymakers alike.
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Book DetailsISBN: 9780226791258
(230mm x 152mm x 25mm)
Imprint: University of Chicago Press
Publisher: The University of Chicago Press
Publish Date: 4-Jun-2001
Country of Publication: United States
Books By Author John B. Taylor
First Principles, Paperback (May 2013)
Leading economist John B. Taylor's straightforward plan to rebuild America's economic future by returning to its founding principles.
Global Financial Warriors, Paperback (March 2008)
"A valuable insider's account of financial diplomacy in the Bush administration."-Jeffrey E. Garten, Washington Post
Study Guide, Paperback (July 2005)» View all books by John B. Taylor
The Study Guide features invaluable tools such as key terms, self-test questions, problem sets, and graphing exercises that help students read and review more effectively.
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Author Biography - John B. Taylor
John B. Taylor is the Mary and Robert Raymond Professor of Economics at Stanford University and a research associate of the National Bureau of Economic Research.
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