Bretton Woods and Its Precursors: Rules versus Discretion in the History of International Monetary Regimes
Published Date
Copyright 1993
ISBN 0226065871
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Copy CitationAlberto Giovannini, A Retrospective on the Bretton Woods System: Lessons for International Monetary Reform (University of Chicago Press, 1993), chap. 2, https://www.nber.org/books-and-chapters/retrospective-bretton-woods-system-lessons-international-monetary-reform/bretton-woods-and-its-precursors-rules-versus-discretion-history-international-monetary-regimes.
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Published From Paper
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Working Paper
In recent years, the theory of rules and discretion in monetary policy has fascinated scores of academic economists...