Rule-Based Monetary Policies financial definition of Rule-Based Monetary Policies
Rule-Based Monetary Policy (redirected from Rule-Based Monetary Policies)
Rule-Based Monetary Policy
A monetary policy
in which a jurisdiction rarely or never deviates from established norms. A rule-based monetary policy does not make exceptions based upon extenuating circumstances.
References in periodicals archive
Aoki and Nikolov evaluate the performance of three kinds of rule-based monetary policies
under central bank-learning about the parameter values of a simple New Keynesian model.