From Friedman To Taylor: The Revival Of Monetary Policy Rules In The 1990s

Discusses why monetary policy rules returned in the 1990s, linking Friedman and Taylor frameworks.

Panelcentral bank credibilityfederal reservefriedman k percent ruleinflation targetinginterest rate policymonetary policy rulesJohn CochraneEdward Nelson

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• Hoover Institution · 2025-05-29

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