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The Taylor rule and the transformation of monetary policy
- Available as
- Online
- Summary
-
A contributors' ""who's who"" from the academic and policy communities explain and provide perspectives on John Taylor's revolutionary thinking about monetary policy. They explore some of the liter...
A contributors' ""who's who"" from the academic and policy communities explain and provide perspectives on John Taylor's revolutionary thinking about monetary policy. 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.
Details
- Creator
- edited by Evan F. Koenig, Robert Leeson, George A. Kahn
- Format
- Books
- Language
- English
- Publication
-
- Stanford, Calif. : Hoover Institution Press, Stanford University, 2012
- Physical Details
-
- 1 online resource (368 p.)
- ISBNs
- 9780817914066, 0817914064, 0817914048
- OCLC
- ocn808344425
- Description based upon print version of record.
- Includes bibliographical references and index.
- English
- Monetary policy rules : from Adam Smith to John Taylor / Pier Francesco Asso, Robert Leeson -- The Taylor Rule and the practice of central banking / George A. Kahn -- A comparison with Milton Friedman / Edward Nelson -- Two basic principles / Robert E. Lucas -- The great moderation / Ben S. Bernanke -- The great deviation / John B. Taylor -- It's not so simple / Donald L. Kohn -- Forecast targeting as a monetary policy strategy : policy rules in practice / Michael Woodford -- The dual nature of forecast targeting and instrument rules / John B. Taylor -- Evaluating monetary policy / Lars E.O. Svensson -- Overview / Ben S. Bernanke -- The view from inside the Fed / Janet Yellen -- The view from inside the European Central Bank / Otmar Issing -- The view from central banks in emerging markets / Guillermo Ortiz -- A view from the financial markets / John P. Lipsky