Statements (23)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
monetary policy rule
|
| gptkbp:alternativeTo |
discretionary monetary policy
|
| gptkbp:category |
macroeconomics
monetary economics |
| gptkbp:criticizedFor |
rigidity
simplification of economic dynamics |
| gptkbp:describes |
relationship between interest rates and economic conditions
|
| gptkbp:form |
output gap
equilibrium real interest rate target inflation rate inflation rate |
| https://www.w3.org/2000/01/rdf-schema#label |
Taylor Rule
|
| gptkbp:influenced |
Federal Reserve policy
|
| gptkbp:namedAfter |
gptkb:John_B._Taylor
|
| gptkbp:proposedBy |
gptkb:John_B._Taylor
1993 |
| gptkbp:purpose |
guide setting of short-term interest rates
|
| gptkbp:relatedTo |
interest rate policy
inflation targeting output stabilization |
| gptkbp:usedBy |
central banks
|
| gptkbp:bfsParent |
gptkb:Monetary_Policy_Rules
|
| gptkbp:bfsLayer |
6
|