全球智库信息集成服务系统(G2TT): Simple Rules, Discretion and Monetary Policy

G2TT

来源类型	Working Paper
规范类型	报告
DOI	10.3386/w2934
来源ID	Working Paper 2934
	Simple Rules, Discretion and Monetary Policy
	Robert Flood; Peter Isard
发表日期	1989-04-01
出版年	1989
语种	英语
摘要	In this paper we explore the possibilities arising under a policy in which a partially state contingent money-supply rule is mixed with discretion. In addition to demonstrating that such mixed strategies can dominate both complete discretion and rigid adherence to the partially state contingent rule, we investigate the appropriate setting of parameters in a partially state contingent policy when it is acknowledged that the rule will not be followed on all occasions--i.e., that sometimes the monetary authority will resort to discretion.
主题	Macroeconomics
URL	https://www.nber.org/papers/w2934
来源智库	National Bureau of Economic Research (United States)
引用统计
资源类型	智库出版物
条目标识符	http://119.78.100.153/handle/2XGU8XDN/560204
推荐引用方式 GB/T 7714	Robert Flood,Peter Isard. Simple Rules, Discretion and Monetary Policy. 1989.