Targeting rules for monetary policy

Joshua Aizenman, Jacob A. Frenkel

Research output: Contribution to journalArticlepeer-review

7 Scopus citations

Abstract

We develop a framework for the analysis of targeting rules for monetary policy, derive the optimal money-supply rule, and use an explicit criterion to evaluate the relative desirability of other targeting rules governing the money supply process.

Original languageEnglish
Pages (from-to)183-187
Number of pages5
JournalEconomics Letters
Volume21
Issue number2
DOIs
StatePublished - 1 Jan 1986
Externally publishedYes

ASJC Scopus subject areas

  • Finance
  • Economics and Econometrics

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