Rules Versus Discretion: Making a Monetary Rule Operational
回顾并分析了关于货币政策应遵循预先公开的规则还是由决策者自由裁量的争论历史,适合对货币政策制度设计感兴趣的学者。
A history and analysis of the debate about whether monetary policy should be conducted by rules known in advance to all or by policymaker discretion.