Economics Dictionary of ArgumentsHome
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| Taylor Rule - Economics Dictionary of Arguments | |||
| Taylor Rule: The Taylor Rule is an economic formula used by central banks to set interest rates based on inflation and economic output. It suggests that the nominal interest rate should be adjusted in response to changes in inflation and the output gap from its potential level, aiming to stabilize the economy. See also Central Bank, Interest rates, Inflation, Economy, Economic growth. _____________Annotation: The above characterizations of concepts are neither definitions nor exhausting presentations of problems related to them. Instead, they are intended to give a short introduction to the contributions below. – Lexicon of Arguments. | |||
| Author | Item | More concepts for author | |
|---|---|---|---|
| Taylor, John Brian | Taylor Rule | Taylor, John Brian | |
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Ed. Martin Schulz, access date 2024-04-20 | |||
