The Taylor rule and the transformation of monetary policy [electronic resource] / edited by Evan F. Koenig, Robert Leeson, George A. Kahn. - Stanford, Calif. : Hoover Institution Press, Stanford University, 2012. - xix, 345 p. : ill. - Hoover Institution Press publication ; no. 615 . - Hoover Institution Press publication ; 615. .

Includes bibliographical references and index.

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.


Electronic reproduction.
Palo Alto, Calif. :
ebrary,
2011.
Available via World Wide Web.
Access may be limited to ebrary affiliated libraries.

9780817914042 (cloth alk. paper) 9780817914066 (e-book)




Taylor, John B.--Influence.


Taylor's rule.
Monetary policy--Mathematical models.
Monetary policy--History.--United States


Electronic books.

HG230.3 / .T393 2012eb

339.5/3015195