Monetary Policy Rules (National Bureau of Economic Research Studies in Income and Wealth) - ISBN:0226791246

Monetary Policy Rules (National Bureau of Economic Research Studies in Income and Wealth)

Date: 28 April 2011, 12:54

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This timely volume presents the latest thinking on the monetary policy rules and seeks to determine just what types of rules and policy guidelines function best. A unique cooperative research effort that allowed contributors to evaluate different policy rules using their own specific approaches, this collection presents their striking findings on the potential response of interest rates to an array of variables, including alterations in the rates of inflation, unemployment, and exchange. Monetary Policy Rules illustrates that simple policy rules are more robust and more efficient than comp

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