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Author:Blinder, A. S.
Title:The rules-versus-discretion debate in the light of recent experience.
Journal:Weltwirtschaftliches Archiv
1987 : VOL. 123:3, p. 399-414
Index terms:ECONOMIC THEORY
WORLD ECONOMY
MONETARY POLICY
USA
EUROPE
Language:eng
Abstract:The study examines the recent developments in economic theory especially in the USA and Europe and how they effect the debate on the rationality of rules- versus-discreation in macroeconomic policy. A special attention is given to the problem of current consistency.
SCIMA record nr: 59926
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