lasrus
Influence on monetary policy
New Keynesian economics
Influence on monetary policy
Posts 1 - 4 of 4
replied to: lasrus
tjames
Replied to: Influence on monetary policy
Interest rate rules influence how banks adjust the interest rate in response to such conditions as inflation.
replied to: tjames
crazyman2
Replied to: Interest rate rules influence how banks adjust the interest rate in...
Government and bank monetary policies are necessary, as full employment may not be reached for a very long time.
replied to: tjames
jmklives
Replied to: Interest rate rules influence how banks adjust the interest rate in...
Not true-- New Keynesians generally favor "discretionary" monetary policy as opposed to "rules-based".