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The Taylor rule and interest rates in the EMU area

Stefan Gerlach, Gert Schnabel

Economics Letters · 2000 · 266 citations · 2 references

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Social SciencesEconomicsFinanceEconometricsFinancial EconomicsMacroeconomicsInterest Rate DeterminationInterest Rate ModelingInterest Rate RiskMonetary PolicyPresent ValueEquilibrium Interest RatesInterest Rate ConvergenceStochastic Interest Rate Models

References

2

Discretion versus policy rules in practice

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

Public Affairs, Public Policy, Regulatory Policy +8

Monetary policy rules in practice

Richard H. Clarida, Jordi Gaĺı, Mark Gertler · European Economic Review · 1998 · 2.2K citations

Social Sciences, Economics, Financial Economics +11