Policy rules in practice

John Williams

Journal of Economic Dynamics and Control, 2014, vol. 49, issue C, 151-153

Abstract: Over the past twenty years, monetary policy rules have played an increasingly central role in disucssions of monetary policy strategy and tactics at the Federal Reserve. This represented a sea change in thinking about monetary policy in terms of a systematic startagey rather than a sequence of policy decisions.

Keywords: E52; Monetary policy; Taylor rule (search for similar items in EconPapers)
Date: 2014
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Citations: View citations in EconPapers (5)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:dyncon:v:49:y:2014:i:c:p:151-153

DOI: 10.1016/j.jedc.2014.09.020

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