American Economic Review Vol. 91 No. 2 2001

The Taylor Rule and Optimal Monetary Policy

Michael Woodford

Department of Economics, Princeton University, Princeton, NJ 08544-1021.

Abstract

The author discusses the U.S. monetary policy proposed and developed by John B. Taylor (1993) within the context of economic theory and economic welfare.

DOI

10.1257/aer.91.2.232

Volume

91

Issue

2

Pages

232-237

Language

en

Sources

bibtex:phds-export.bib crossref openalex

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