The Friedman Rule and Optimal Monetary Policy | 就是愛看書
由RTSmith著作·1998·被引用13次—Thispapershows,however,thattherearelikelymanymonetarypolicies(andinflationrates)consistentwithazeronominalinterestrate,andsocialwelfare ...
由 RT Smith 著作 · 1998 · 被引用 13 次 — This paper shows, however, that there are likely many monetary policies (and inflation rates) consistent with a zero nominal interest rate, and social welfare ...
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Friedman rule | 就是愛看書
The Friedman rule is a monetary policy rule proposed by Milton Friedman. ... Friedman advocated monetary policy that would result in the nominal interest rate ... Read More
The Friedman Rule and Optimal Monetary Policy | 就是愛看書
由 RT Smith 著作 · 1998 · 被引用 13 次 — This paper shows, however, that there are likely many monetary policies (and inflation rates) consistent with a zero nominal interest rate, and social welfare ... Read More
What is the Optimal Rate of Inflation? | 就是愛看書
1997年9月19日 — Milton Friedman (1969) provided a simple rule for determining the optimal rate of inflation. He started with the observation that money ... Read More
K | 就是愛看書
The K-Percent Rule, proposed by economist Milton Friedman, states that the central bank should increase the money supply by a set percentage every year. Read More
Friedman rule (see also Monetary targeting) | 就是愛看書
由 A Mihailov 著作 · 2015 · 被引用 2 次 — Mihailov, A. (2015) Friedman rule. In: Rochon, L.-P. and Rossi,. S. (eds.) The Encyclopedia of Central Banking. Edward Elgar, pp. 219-223. Read More
The sub | 就是愛看書
由 B Paal 著作 · 2001 · 被引用 46 次 — According to the logic of the Friedman rule, the opportunity cost of holding money faced by private agents should equal the social cost of creating ... Read More
The Friedman Rule | 就是愛看書
由 J Duffy 著作 · 2020 · 被引用 7 次 — We find that, counter to theory, the Friedman rule is not welfare improving, performing no better than a constant money regime. By one welfare ... Read More
What Is Monetarism? | 就是愛看書
Constant money growth rule: Friedman, who died in 2006, proposed a fixed monetary rule, which states that the Fed should be required to target the growth ... Read More
Optimality of the Friedman Rule in Economies with Money ... | 就是愛看書
由 M Kiarsi 著作 · 2018 · 被引用 1 次 — In the case of a CIA constraint on wages, I show that the Friedman rule is not optimal when the government has access to only one distortionary tax to finance ... Read More
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