MONETARY POLICY AND THE CREDIT CRUNCH

被引:0
|
作者
Minford, Patrick [1 ]
机构
[1] Cardiff Univ, Sch Business, Appl Econ, Cardiff, S Glam, Wales
关键词
Taylor Rule; money supply targeting; credit crunch;
D O I
10.1111/j.1468-0270.2009.01876.x
中图分类号
F [经济];
学科分类号
02 ;
摘要
This article examines how interest rates should have been changed in response to the commodity price shock and the credit crunch under different assumptions for the decision rules that might be used by central banks.
引用
收藏
页码:89 / 91
页数:3
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