Rules Versus Discretion in Monetary Policy
收藏数据链接:
官方服务:
资源简介:
This paper examines the case for rules rather than discretion in the conduct of monetary policy, from both historical and analytic perspectives. The paper starts with the rules of the game under the gold standard. These rules were ill-defined and not adhered to; active discretionary policy was
提供机构:
美国国家经济研究局创建时间:
1988-02-01



