Rules Are Meant to Be Broken: Arguments in Favour of Discretionary Monetary Policy

Author:

Small Sarah F.,Sinha Bhavya

Publisher

Springer International Publishing

Reference48 articles.

1. Argy, V. (1988). A postwar history of the rules vs discretion debate. PSL Quarterly Review, 41(165), 147–177.

2. Beckworth, D. (2017). The knowledge problem in monetary policy: The case for nominal GDP targeting. Mercatus on Policy Series. https://www.mercatus.org/system/files/mercatus-beckworth-nominal-gdp-targeting-mop-2017-v1.pdf

3. Bernanke, B. (2015). The Taylor Rule: A benchmark for monetary policy? The Brookings Institution. https://www.brookings.edu/blog/ben-bernanke/2015/04/28/the-taylor-rule-a-benchmark-for-monetary-policy/

4. Blinder, A. (1987). The rules-versus-discretion debate in the light of recent experience. Review of World Economics, 123(3), 399–414.

5. Bowles, S., Gordon, D., & Weisskopf, T. (1990). After the waste land: A democratic economics for the year 2000. M.E. Sharpe.

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