Direvativss

Completed Posted Feb 9, 2016 Paid on delivery
Completed Paid on delivery

(1) According to Taylor (1993) why do rules have advantages over pure discretion when implementing monetary policy?

Why do you think that policy makers, in the past, have stressed monetary aggregates when implementing monetary policy despite difficulties in measurement? Describe what is meant by the Time Inconsistency. According to Thornton (2004) and Von Hagen (1999) why might central bankers opt for monetary targeting as opposed to stressing a policy interest rate? How important are political explanations of monetary policy? What insights may be gained from Abrams (2006) when addressing the political economy explanation of monetary policy?

Finance Research Writing Technical Writing

Project ID: #9609040

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15 proposals Remote project Active Feb 9, 2016

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