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Global Perspectives: John B. Taylor on the Taylor Rule, Accommodative Policy, Low Interest Rates and Expanded Central Bank Mandates

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  • Mark A. Wynne

Abstract

Taylor and Dallas Fed President Robert S. Kaplan discussed the origins of the Taylor Rule, the dangers of holding monetary policy too accommodative for too long, the distributional effects of low interest rates and expanded central bank mandates.

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Handle: RePEc:fip:d00001:89092
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File URL: https://www.dallasfed.org/research/economics/2020/1124
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