Mises Wire

Mateusz Machaj on the Taylor Rule

Former Mises Fellow Mateusz Machaj has published a new paper, “Can the Taylor Rule be a Good Guidance for Policy? The Case of 2001–2008 Real Estate Bubble,” in the journal Prague Economic Papers. The full text (PDF) can be found here

For more on the Taylor Rule, see Machaj’s article “Could the Taylor Rule Have Prevented the Housing Bubble?“  and The Taylor Rule Won’t Save Us. See also Machaj’s interview with Tom Woods

All Rights Reserved ©
Image Source: istock
Note: The views expressed on Mises.org are not necessarily those of the Mises Institute.
What is the Mises Institute?

The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard. 

Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order. We believe that our foundational ideas are of permanent value, and oppose all efforts at compromise, sellout, and amalgamation of these ideas with fashionable political, cultural, and social doctrines inimical to their spirit.

Become a Member
Mises Institute