▽himaginary’s diary ●12/22 23:33 2024-12-22ルール対裁量:FOMCの政策審議の解読経済というNBER論文をマイケル・ボルドーらが上げている(ungated版)。原題は「Rules vs. Discretion: Decoding FOMC Policy Deliberations」で、著者はMichael D. Bordo(ラトガーズ大)、Klodiana Istrefi(フランス銀行)、Humberto Mart〓nez(チリ大)。以下はその要旨。This study provides evidence on the usage and preferences of Federal Reserve’s Federal Open Market Committee (FOMC) regarding the balance between rules and discretion in policy dec