Rules vs. Discretion: Decoding FOMC Policy Deliberations
收藏NBER2024-12-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w33262
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资源简介：
This study provides evidence on the usage and preferences of Federal Reserves Federal Open Market Committee (FOMC) regarding the balance between rules and discretion in policy decisions. Analyzing FOMC transcripts over 40 years, we find that while Discretion has been a consistent feature in the
提供机构：
美国国家经济研究局
创建时间：
2024-12-01
