The Fed's monetary policy rule
This article was originally presented as a speech at the Cato Institute, Washington, D.C., October 14, 2005.
Volume (Year): (2006)
Issue (Month): Jan ()
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- William Poole, 2005.
"How predictable is Fed policy?,"
91, Federal Reserve Bank of St. Louis.
- Bennett T. McCallum, 1980.
"Price Level Determinacy with an Interest Rate Policy Rule and Rational Expectations,"
NBER Working Papers
0559, National Bureau of Economic Research, Inc.
- McCallum, Bennett T., 1981. "Price level determinacy with an interest rate policy rule and rational expectations," Journal of Monetary Economics, Elsevier, vol. 8(3), pages 319-329.
- Taylor, John B., 1993. "Discretion versus policy rules in practice," Carnegie-Rochester Conference Series on Public Policy, Elsevier, vol. 39(1), pages 195-214, December.
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