McCallum rule

GPTKB entity

Statements (16)
Predicate Object
gptkbp:instanceOf monetary policy rule
gptkbp:designedFor central banks
gptkbp:focusesOn monetary base targeting
gptkbp:form velocity of money
monetary base
target growth rate of nominal GDP
https://www.w3.org/2000/01/rdf-schema#label McCallum rule
gptkbp:objective stabilize nominal GDP growth
gptkbp:proposedBy gptkb:Bennett_T._McCallum
1988
gptkbp:relatedTo gptkb:economic_policy
gptkb:Taylor_rule
nominal GDP targeting
gptkbp:usedIn macroeconomic policy analysis
gptkbp:bfsParent gptkb:Bennett_McCallum
gptkbp:bfsLayer 7