Monetary Policy Rules (National Bureau of Economic Research Studies in Income and Wealth)
This timely volume presents the latest thinking on the monetary policy rules and seeks to determine just what types of rules and policy guidelines function best. A unique cooperative research effort that allowed contributors to evaluate different policy rules using their own specific approaches, this collection presents their striking findings on the potential response of interest rates to an array of variables, including alterations in the rates of inflation, unemployment, and exchange.
Monetary Policy Rules illustrates that simple policy rules are more robust and more efficient than complex rules with multiple variables. A state-of-the-art appraisal of the fundamental issues facing the Federal Reserve Board and other central banks, Monetary Policy Rules is essential reading for economic analysts and policymakers alike.
BindingPaperback
EAN9780226791258
Edition1
ISBN0226791254
LabelUniversity Of Chicago Press
ManufacturerUniversity Of Chicago Press
MPN82 line drawings, 33 tables
NumberOfItems1
NumberOfPages458
PackageQuantity1
PartNumber82 line drawings, 33 tables
ProductGroupBook
ProductTypeNameABIS_BOOK
PublicationDate2001-05-01
PublisherUniversity Of Chicago Press
StudioUniversity Of Chicago Press
TitleMonetary Policy Rules (National Bureau of Economic Research Studies in Income and Wealth)