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.
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.
COinS
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