Open AccessIs the Fed Following a “Modernized” Version of the Taylor Rule? Part 2
Author(s) -
Kevin L. Kliesen
Publication year - 2019
Publication title -
economic synopses
Language(s) - English
DOI - 10.20955/es.2019.3
Subject(s) - taylor rule , economics , keynesian economics , monetary policy , central bank
The past period?s policy rate is extraordinarily important for setting the current period?s policy rate in the modernized Taylor rule.
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