Greenspan’s adherence to the Taylor rule: examining Federal Reserve chairmen policy regimes and deviations from the Taylor rule

Greenspan’s adherence to the Taylor rule: examining Federal Reserve chairmen policy regimes and deviations from the Taylor rule

AbstractThis paper examines the relationship between Federal Reserve policy and the Taylor rule, a commonly used model for guiding monetary policy. The study analyzes the deviation of the actual Federal Funds Rate from the Taylor Rule model during distinct structural changes, using real-time macroec...

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Bibliographic Details
Main Authors: Kyle Rechard, Narendra Raj Regmi
Format: Article
Language:English
Published: Taylor & Francis Group 2023-12-01
Series:Cogent Economics & Finance
Subjects:
Taylor rule
Alan Greenspan
monetary policy regimes
machine learning
text clustering
E44
Online Access:https://www.tandfonline.com/doi/10.1080/23322039.2023.2209951

Internet

https://www.tandfonline.com/doi/10.1080/23322039.2023.2209951

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