The Taylor Rule and the Transformation of Monetary Policy

Language: English

Published by Hoover Institution Press,U.S., US, 2012

0817914048 / 9780817914042

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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. In The Taylor Rule and the Transformation of Monetary Policy, a veritable contributors' "who's who" from the academic and policy communities explain and provide perspectives on John Taylor's revolutionary thinking about monetary policy. From the Great Inflation of the 1970s through the Great Moderation of the 1980s and 1990s to the Great Deviation following the 2001 recession, the contributors analyse Taylor's influences on monetary theory and policy around the world. They explore some of the literature that Taylor inspired and help us understand how the new ways of thinking that he pioneered have influenced actual policy here and abroad.

Seller Inventory # LU-9780817914042

Title
The Taylor Rule and the Transformation of Monetary Policy
Author
Evan F. Koenig
Publisher
Hoover Institution Press,U.S., US
Publication year
2012
Condition
New
Binding
Hardback
Language
English
ISBN 10
0817914048
ISBN 13
9780817914042
Item weight
739 grams

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