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Taylor's rule

LC control no.sh2003010514
Topical headingTaylor's rule
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Variant(s)Taylor rules
See alsoMonetary policy--Mathematical models
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Found inWork cat.: Soderlind, P. Taylor rules and the predictability of interest rates, 2003.
An encyclopedia of macroeconomics, 2002 (Taylor's rule. A rule proposed by John B. Taylor of Stanford University (at the November 1992 Carnegie Rochester Conference), for central banks to follow in order to keep inflation low and stable, and avoid large fluctuations in output and employment.)