Rules versus discretion: making a monetary rule operational

John Carlson ()

Economic Review, 1988, issue Q III, pages 2-13

Abstract: A history and analysis of the debate about whether monetary policy should be conducted by rules known in advance to all or by policymaker discretion.

Keywords: Monetary policy - United States; Monetary policy (search for similar items in EconPapers)
Date: 1988
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Persistent link: http://EconPapers.repec.org/RePEc:fip:fedcer:y:1988:i:qiii:p:2-13:n:v.24no.3

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