A Steadier Course for Monetary Policy

John Taylor

No 13107, Economics Working Papers from Hoover Institution, Stanford University

Abstract: This testimony before the Joint Economic Committee of the United States Congress discusses the adverse impacts of the Federal Reserve's recent departure from a rules-based monetary policy and the gains to be made by returning to a steadier monetary policy.

Pages: 5 pages
Date: 2013-04
New Economics Papers: this item is included in nep-mac and nep-mon
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