Are policy rules better than the discretionary system in Taiwan?

This article investigates whether the Central Bank of China in Taiwan (CBC) would have had a more successful monetary policy during the period 1978:3 to 1999:4 if it had followed an optimal rule rather than the discretionary policies that were actually employed. The article examines the use of three...

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Detalles Bibliográficos
Publicado en:Contemporary Economic Policy Vol. 20; no. 1; pp. 60 - 72
Autores principales: Cover, James Peery, Hueng, C. James, Yau, Ruey
Formato: Artículo
Publicado: Wiley-Blackwell January 2002
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Acceso en línea:Ver este registro en EBSCOhost