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      The New Tools of Monetary Policy

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      American Economic Review
      American Economic Association

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          Rules Rather than Discretion: The Inconsistency of Optimal Plans

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            Discretion versus policy rules in practice

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              Monetary policy surprises and interest rates: Evidence from the Fed funds futures market

                Author and article information

                Journal
                American Economic Review
                American Economic Review
                American Economic Association
                0002-8282
                April 01 2020
                April 01 2020
                : 110
                : 4
                : 943-983
                Affiliations
                [1 ]Brookings Institution (email: )
                Article
                10.1257/aer.110.4.943
                5aba4c69-fcd7-4bfa-be93-f6fa860ed5cd
                © 2020
                History

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