Journal article

Cross-checking optimal monetary policy with information from the Taylor rule


Authors list: Tillmann, P

Publication year: 2012

Pages: 204-207

Journal: Economics Letters

Volume number: 117

Issue number: 1

Open access status: Green

DOI Link: https://doi.org/10.1016/j.econlet.2012.05.009

Publisher: Elsevier


Abstract: 

This paper shows that monetary policy should be delegated to a central bank that cross-checks optimal policy with information from the Taylor rule. Placing some weight on deviations from a Taylor rule reduces the stabilization bias of discretionary monetary policy.




Citation Styles

Harvard Citation style: Tillmann, P. (2012) Cross-checking optimal monetary policy with information from the Taylor rule, Economics Letters, 117(1), pp. 204-207. https://doi.org/10.1016/j.econlet.2012.05.009

APA Citation style: Tillmann, P. (2012). Cross-checking optimal monetary policy with information from the Taylor rule. Economics Letters. 117(1), 204-207. https://doi.org/10.1016/j.econlet.2012.05.009


Last updated on 2025-10-06 at 10:08