Quarterly Journal of Austrian Economics
Author:
Erwin Rosen
Adrián Osvaldo Ravier
Online Publish Date:
that follows Wicksell’s monetary doctrine. The goal of the rule is to match the market interest rate for loanable funds to the natural rate of interest, hereafter that the proposed rule should be a guide for monetary policy, since the success or failure to achieve economic stability will also be shown to depend mainly on how