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Building a Taylor Rule Using FRED

Author

Listed:
  • Diego Mendez-Carbajo

    (Illinois Wesleyan University)

  • Keith G. Taylor

    (Illinois Wesleyan University)

  • Mark A. Bayles

    (Federal Reserve Bank of St. Louis)

Abstract

This article discusses how to build and display a graph of a Taylor rule with FRED, the St. Louis Fed’s economic database. The article provides additional...

Suggested Citation

  • Diego Mendez-Carbajo & Keith G. Taylor & Mark A. Bayles, 2017. "Building a Taylor Rule Using FRED," Journal of Economics Teaching, Journal of Economics Teaching, vol. 2(1), pages 14-29, June.
    • Handle: RePEc:jtc:journl:v:2:y:2017:i:1:p:14-29
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    References listed on IDEAS

    as
    1. Mark Maier & Joann Bangs & Niels-Hugo Blunch, 2010. "Context-rich Problems in Economics," Chapters, in: Michael K. Salemi & William B. Walstad (ed.), Teaching Innovations in Economics, chapter 8, Edward Elgar Publishing.
    2. Fernanda Nechio, 2011. "Monetary policy when one size does not fit all," FRBSF Economic Letter, Federal Reserve Bank of San Francisco, issue june13.
    3. Stephen G. Marks & Michael G. Rukstad, 1996. "Teaching Macroeconomics by the Case Method," The Journal of Economic Education, Taylor & Francis Journals, vol. 27(2), pages 139-147, April.
    4. Bill Dupor, 2015. "Liftoff and the Natural Rate of Interest," Economic Synopses, Federal Reserve Bank of St. Louis, issue 12.
    5. Mary C. Suiter & Keith G. Taylor, 2016. "Resources for economic educators from the Federal Reserve Bank of St. Louis," The Journal of Economic Education, Taylor & Francis Journals, vol. 47(1), pages 71-75, January.
    6. Michael K. Salemi, 2002. "An Illustrated Case for Active Learning," Southern Economic Journal, John Wiley & Sons, vol. 68(3), pages 721-731, January.
    7. Taylor, John B., 1993. "Discretion versus policy rules in practice," Carnegie-Rochester Conference Series on Public Policy, Elsevier, vol. 39(1), pages 195-214, December.
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    Citations

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    Cited by:

    1. Wolfe, Marketa Halova, 2020. "Integrating data analysis into an introductory macroeconomics course," International Review of Economics Education, Elsevier, vol. 33(C).
    2. Debra Howcroft & Birgitta Bergvall-KÃ¥reborn, 2019. "A Typology of Crowdwork Platforms," Work, Employment & Society, British Sociological Association, vol. 33(1), pages 21-38, February.
    3. Mendez-Carbajo, Diego & Dellachiesa, Alejandro, 2023. "Choice of data visualization tool: FRED or spreadsheets?," International Review of Economics Education, Elsevier, vol. 44(C).

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    More about this item

    Keywords

    FRED; macroeconomics; taylor rule;
    All these keywords.

    JEL classification:

    • A22 - General Economics and Teaching - - Economic Education and Teaching of Economics - - - Undergraduate

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