Authors

Pier Francesco Asso
Robert Leeson, University of Notre Dame AustraliaFollow

Title

Monetary policy rules: From Adam Smith to John Taylor

Document Type

Book Chapter

Publication Date

2012

Abstract

Twenty years ago, John Taylor proposed a simple idea to guide monetary policy. Quickly the idea spread, not only through academia, but also to the trading floors of Wall Street and the Federal Reserve's boardroom in Washington. Now, two decades later, the Taylor rule remains a focal point for discussions of monetary policy around the world.

Comments

Due to copyright restrictions this book chapter is unavailable for download.

The Taylor Rule and the Transformation of Monetary Policy may be accessed from the publisher here

The Taylor Rule and the Transformation of Monetary Policy may be accessed from the National Library of Australia here

The Author:

Professor Robert Leeson

Recommended Citation

Asso, P. F., & Leeson, R. (2012). Monetary policy rules: From Adam Smith to John Taylor. In E. F. Koening, R. Leeson, R., & G. A. Kahn (eds.). The Taylor rule and the transformation of monetary policy (pp. 3-62). Stanford, CA: Hoover Institution Press.