第十八讲rules for monetary policy new规则与自由裁量权货币政策根据公式系统地制定审慎.pdfVIP

Rules Versus Discretion • Rule for m ary – The systematic setting of according to a formula • Discretion – The situation where m ary is not set by a rule © 2012 Cengage Learning. s . May not be copied, scanned, or duplicated, in whole or in part, except for use as 1 permitted in a license distributed with a certain product or service or otherwise on a password-protected website for classroom use. Rules Versus Discretion • Ease – Wh entr