Policy Rules for Open Economies
    Published Date 
  
  
    Copyright 1999
  
  
    ISBN 0226791246
  
 
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      Copy CitationLaurence M. Ball, Monetary Policy Rules (University of Chicago Press, 1999), chap. 3, https://www.nber.org/books-and-chapters/monetary-policy-rules/policy-rules-open-economies.
 
Published From Paper
              
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                    Working Paper
          
  
  
  
  
  
  
  
  
  
      This paper examines the choice of a monetary-policy rule in a simple macroeconomic model.  In a closed economy, the...