Journal Article Rational Expectations and the Non-neutrality of Systematic Monetary Policy Get access David K. H. Begg David K. H. Begg Oxford University Search for other works by this author on: Oxford Academic Google Scholar The Review of Economic Studies, Volume 47, Issue 2, January 1980, Pages 293–303, https://doi.org/10.2307/2296993 Published: 01 January 1980 Article history Received: 01 December 1977 Accepted: 01 November 1978 Published: 01 January 1980