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Goals versus Rules as Central Bank Performance Measures

In: Central Bank Governance & Oversight Reform

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  • Carl E. Walsh

Abstract

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Suggested Citation

  • Carl E. Walsh, 2016. "Goals versus Rules as Central Bank Performance Measures," Book Chapters,in: Carl E. Walsh (ed.), Central Bank Governance & Oversight Reform, chapter 3 Hoover Institution, Stanford University.
  • Handle: RePEc:hoo:bookch:4-3
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    Cited by:

    1. Pelin Ilbas & Øistein Røisland & Tommy Sveen, 2013. "The influence of the Taylor rule on US monetary policy," Working Paper 2013/04, Norges Bank.
    2. Julio J. Rotemberg, 2013. "Shifts in US Federal Reserve Goals and Tactics for Monetary Policy: A Role for Penitence?," Journal of Economic Perspectives, American Economic Association, vol. 27(4), pages 65-86, Fall.
    3. Kahn, George A. & Taylor, Lisa, 2014. "Evolving market perceptions of Federal Reserve policy objectives," Economic Review, Federal Reserve Bank of Kansas City, issue Q I, pages 5-64.
    4. John B. Taylor, 2017. "Rules Versus Discretion: Assessing the Debate Over the Conduct of Monetary Policy," NBER Working Papers 24149, National Bureau of Economic Research, Inc.
    5. Ahmad, Saad, 2016. "A multiple threshold analysis of the Fed's balancing act during the Great Moderation," Economic Modelling, Elsevier, vol. 55(C), pages 343-358.
    6. Ronny Mazzocchi, 2013. "Monetary Policy when the NAIRI is unknown: The Fed and the Great Deviation," DEM Discussion Papers 2013/16, Department of Economics and Management.
    7. Allsopp, Christopher & Vines, David, 2015. "Monetary and fiscal policy in the Great Moderation and the Great Recession," CEPR Discussion Papers 10894, C.E.P.R. Discussion Papers.

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