Output Gaps, the Taylor Rule and the Stance of Monetary Policy

Juan Sanchez

On the Economy from Federal Reserve Bank of St. Louis

Abstract: The Taylor rule offers a formula to calculate a prescribed policy rate. How do alternative measures of the output gap affect this prescribed rate?

Keywords: Taylor rule; output gaps; monetary policy; policy rate (search for similar items in EconPapers)
Date: 2024-03-04
New Economics Papers: this item is included in nep-ban and nep-mon
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Persistent link: https://EconPapers.repec.org/RePEc:fip:l00001:97906

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