The Taylor Rule and the Transformation of Monetary Policy: Introduction

Citation data:

The Taylor Rule and the Transformation of Monetary Policy

Publication Year:
2012
Usage 134
Abstract Views 134
Repository URL:
https://researchonline.nd.edu.au/bus_chapters/34
Author(s):
Koenig, Evan F; Leeson, Robert; Kahn, George A
Publisher(s):
Hoover Institution Press
Tags:
Business
book chapter description
Twenty years ago, John Taylor proposed a simple idea to guide monetary policy. Quickly the idea spread, not only through academia, but also to the trading floors of Wall Street and the Federal Reserve's boardroom in Washington. Now, two decades later, the Taylor rule remains a focal point for discussions of monetary policy around the world.