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Commitment, Rules, and Discretion

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  • Charles I. Plosser

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  • Charles I. Plosser, 2016. "Commitment, Rules, and Discretion," Cato Journal, Cato Journal, Cato Institute, vol. 36(2), pages 251-259, Spring/Su.
    • Handle: RePEc:cto:journl:v:36:y:2016:i:2:p:251-259
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    References listed on IDEAS

    as
    1. Henry C. Simons, 1936. "Rules versus Authorities in Monetary Policy," Journal of Political Economy, University of Chicago Press, vol. 44, pages 1-1.
    2. Kydland, Finn E & Prescott, Edward C, 1977. "Rules Rather Than Discretion: The Inconsistency of Optimal Plans," Journal of Political Economy, University of Chicago Press, vol. 85(3), pages 473-491, June.
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    Cited by:

    1. Van Den Hauwe, Ludwig, 2017. "Monetary Constitutionalism: Some Recent Developments," MPRA Paper 83052, University Library of Munich, Germany.

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    More about this item

    JEL classification:

    • R00 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General - - - General
    • Z0 - Other Special Topics - - General

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