FEDS Field Report
Author | : United States. Foreign Economic Development Service |
Publisher | : |
Total Pages | : |
Release | : 1970 |
Genre | : Agriculture |
ISBN | : |
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Author | : United States. Foreign Economic Development Service |
Publisher | : |
Total Pages | : |
Release | : 1970 |
Genre | : Agriculture |
ISBN | : |
Author | : Board of Governors of the Federal Reserve System |
Publisher | : |
Total Pages | : 0 |
Release | : 2002 |
Genre | : Banks and Banking |
ISBN | : 9780894991967 |
Provides an in-depth overview of the Federal Reserve System, including information about monetary policy and the economy, the Federal Reserve in the international sphere, supervision and regulation, consumer and community affairs and services offered by Reserve Banks. Contains several appendixes, including a brief explanation of Federal Reserve regulations, a glossary of terms, and a list of additional publications.
Author | : United States. Congress Printing Joint Committee |
Publisher | : |
Total Pages | : 918 |
Release | : 1919 |
Genre | : |
ISBN | : |
Author | : |
Publisher | : |
Total Pages | : 1530 |
Release | : 1921 |
Genre | : Banks and banking |
ISBN | : |
Author | : |
Publisher | : |
Total Pages | : 1290 |
Release | : 1918 |
Genre | : Law reports, digests, etc |
ISBN | : |
Author | : |
Publisher | : |
Total Pages | : 306 |
Release | : 1920 |
Genre | : United States |
ISBN | : |
Author | : |
Publisher | : |
Total Pages | : 1082 |
Release | : 1905 |
Genre | : Law reports, digests, etc |
ISBN | : |
Author | : Abraham Clark Freeman |
Publisher | : |
Total Pages | : 1070 |
Release | : 1902 |
Genre | : Law reports, digests, etc |
ISBN | : |
Author | : Economic Research Service (U.S.) |
Publisher | : |
Total Pages | : 348 |
Release | : 1973 |
Genre | : |
ISBN | : |
Author | : International Monetary Fund |
Publisher | : International Monetary Fund |
Total Pages | : 28 |
Release | : 1988-10-04 |
Genre | : Business & Economics |
ISBN | : 1451952570 |
The paper considers the merits of rules and discretion for monetary policy when the structure of the macroeconomic model and the probability distributions of disturbances are not well defined. It is argued that when it is costly to delay policy reactions to seldom-experienced shocks until formal algorithmic learning has been accomplished, and when time consistency problems are significant, a mixed strategy that combines a simple verifiable rule with discretion is attractive. The paper also discusses mechanisms for mitigating credibility problems and emphasizes that arguments against various types of simple rules lose their force under a mixed strategy.