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Discretion, rules and volatility - commentary

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  • Robert A. Becker

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  • Robert A. Becker, 1996. "Discretion, rules and volatility - commentary," Review, Federal Reserve Bank of St. Louis, vol. 78(May), pages 75-79.
  • Handle: RePEc:fip:fedlrv:y:1996:i:may:p:75-79:n:v.78no.3
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    References listed on IDEAS

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    1. Paul A. Samuelson, 1958. "An Exact Consumption-Loan Model of Interest with or without the Social Contrivance of Money," Journal of Political Economy, University of Chicago Press, vol. 66(6), pages 467-467.
    2. Shell, Karl, 1971. "Notes on the Economics of Infinity," Journal of Political Economy, University of Chicago Press, vol. 79(5), pages 1002-1011, Sept.-Oct.
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