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Remarks on Monetary Policy Challenges

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  • John B. Taylor

    (Department of Economics, Stanford University)

Abstract

This talk is the written version of remarks, given at a conference marking the retirement of Mervyn King from the Bank of England. It argues that economic performance deteriorated in recent years because of a change in policy rather than because of a shift in the tradeoff between inflation stability and output stability.

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  • John B. Taylor, 2013. "Remarks on Monetary Policy Challenges," Economics Working Papers 13105, Hoover Institution, Stanford University.
  • Handle: RePEc:hoo:wpaper:13105
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    Cited by:

    1. Alex Nikolsko-Rzhevskyy & David Papell, 2013. "Real-Time Historical Analysis of Monetary Policy Rules," Working Papers 2013-140-17, Department of Economics, University of Houston.

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