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Abstract

This article is about the issue of what role might usefully be played by the commitment of the monetary authorities to a rule or book of rules in their monetary policy.

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© 1991 Springer Science+Business Media New York

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Phelps, S.E. (1991). Precommitment to Rules in Monetary Policy. In: Belongia, M.T. (eds) Monetary Policy on the 75th Anniversary of the Federal Reserve System. Springer, Dordrecht. https://doi.org/10.1007/978-94-011-3888-8_8

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  • DOI: https://doi.org/10.1007/978-94-011-3888-8_8

  • Publisher Name: Springer, Dordrecht

  • Print ISBN: 978-94-010-5731-8

  • Online ISBN: 978-94-011-3888-8

  • eBook Packages: Springer Book Archive

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