Optimal monetary policy rules in a rational expectations model of the Phillips curve

Discretion versus policy rules in practice

John B. Taylor · Carnegie-Rochester Conference Series on Public Policy · 1993 · 9K citations

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Kenneth Rogoff · The Quarterly Journal of Economics · 1985 · 3.7K citations

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Rules, discretion and reputation in a model of monetary policy

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Aggregate Dynamics and Staggered Contracts

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