Malik, Wasim Shahid (contributor); … - 2007
problem of optimal policies and this
simple rule has the potential to improve macroeconomic performance. Similarly
it does … central banks to deviate from the rule. Similarly the credibility problem
of monetary institutions could be solved with this … Subject to Different Constraints 22
List of Figures
Figure 1. Actual and the Taylor Rule-induced Short Interest Rate 13 …