Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5098428 | Journal of Economic Dynamics and Control | 2014 | 4 Pages |
Abstract
This article examines the evolutionary forces involved in the development of monetary policy rules over time, considering in particular how these relate to proposals made by Milton Friedman and Walter Bagehot. The lines between money and credit and between monetary and fiscal policy are given special focus.
Keywords
Related Topics
Physical Sciences and Engineering
Mathematics
Control and Optimization
Authors
Thomas J. Sargent,