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Monetary policy rules

Author: John B Taylor
Publisher: Chicago : University of Chicago Press, 2001.
Series: Studies in business cycles, no. 31.
Edition/Format:   Print book : Conference publication : EnglishView all editions and formats
Summary:
Papers based on the National Bureau of Economic Research Conference on Research in Business Cycles, held at Stanford University, 1998. Includes bibliographical references and indexes.
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Genre/Form: Aufsatzsammlung
Conference papers and proceedings
Congresses
Material Type: Conference publication, Internet resource
Document Type: Book, Internet Resource
All Authors / Contributors: John B Taylor
ISBN: 0226791254 9780226791258 0226791246 9780226791241
OCLC Number: 45582625
Notes: Papers based on the National Bureau of Economic Research Conference on Research in Business Cycles, held at Stanford University, 1998.
Description: ix, 447 pages : illustrations ; 23 cm.
Contents: Introduction / John B. Taylor --
Performance of operational policy rules in an estimated semiclassical structural model / Bennett T. McCallum and Edward Nelson. Comment / Mark Gertler --
Interest rate rules in an estimated sticky price model / Julio J. Rotemberg and Michael Woodford. Comment / Martin Feldstein --
Policy rules for open economies / Laurence Ball. Comment / Thomas J. Sargent --
Forward-looking rules for monetary policy / Nicoletta Batini and Andrew G. Haldane. Comment / Donald L. Kohn --
Policy rules for inflation targeting / Glenn D. Rudebusch and Lars E.O. Svensson. Comment / Frederic S. Mishkin ; James H. Stock --
Robustness of simple monetary policy rules under model uncertainty / Andrew Levin, Volker Wieland and John C. Williams. Comment / Lawrence J. Christiano, Christopher J. Gust --
A historical analysis of monetary policy rules / John B. Taylor. Comment / Richard H. Clarida --
What should the monetary authority do when prices are sticky? / Robert G. King and Alexander L. Wolman. Comment / Benjamin M. Friedman --
Rethinking the role of NAIRU in monetary policy : implications of model formulation and uncertainty / Arturo Estrella and Frederic S. Mishkin. Comment / Robert E. Hall.
Series Title: Studies in business cycles, no. 31.
Responsibility: [edited by] John B. Taylor.
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Abstract:

Presents late-1990s thinking on monetary policy rules. The text seeks to determine which types of rules/policy guidelines function best. It presents research findings on the potential response of  Read more...

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