A Historical Analysis of Monetary Policy Rules

  title={A Historical Analysis of Monetary Policy Rules},
  author={John Bernard Taylor},
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The real interest rate: An empirical investigation

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8 Excerpts

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How should monetary policy respond to shocks while maintaining long-run price stability?-Conceptual issues

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Inflation targeting

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2 Excerpts

supports the point just made. A small piece of documentation is a long speech about inflation written by Arthur Bums and published by the Federal Reserve Bank of Richmond during the late 1970s

  • Ben McCallum
  • 1996

Has the Fed gotten tougher on inflation? Federal Reserve Bank of San Francisco Weekly LRtter; no

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