Cover, James Peery; Hueng, C. James; Yau, Ruey - In: Contemporary Economic Policy 20 (2002) 1, pp. 60-71
This article investigates whether the Central Bank of China in Taiwan (CBC) would have had a more successful monetary policy during the period 1978:3 to 1999:4 if it had followed an optimal rule rather than the discretionary policies that were actually employed. The article examines the use of...
