A contributors' "who's who" from the academic and policy communities explain and provide perspectives on John Taylor's revolutionary thinking about monetary pol

The paper considers the merits of rules and discretion for monetary policy when the structure of the macroeconomic model and the probability distributions of di

Yes, it makes a lot of sense. This paper studies how to design simple loss functions for central banks, as parsimonious approximations to social welfare. We sho

This timely volume presents the latest thinking on the monetary policy rules and seeks to determine just what types of rules and policy guidelines function best

United States monetary policy has traditionally been modeled under the assumption that the domestic economy is immune to international factors and exogenous sho