Macro Musings with David Beckworth cover image

David Papell on the History, Motivations, and Current Applications of Monetary Policy Rules

Macro Musings with David Beckworth

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Exploring the Popularity and Association of the Taylor Rule

The speakers discuss the factors that led to the widespread adoption of the Taylor rule as a monetary policy rule and its association with historical economic performance. They also mention a conference honoring Bennett McCollum, who had a similar rule.

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