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Economics: Difference between revisions
→Week 35 - Trade overview: sourcing definition of W:Taylor rule
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* '''[[w:Exchange rate policy]]''' or an '''exchange-rate regime''' is the way an authority manages its [[w:currency|currency]] in relation to other currencies and the [[w:foreign exchange market|foreign exchange market]]. It is closely related to [[w:monetary policy|monetary policy]] and the two are generally dependent on many of the same factors. ( Wikipedia ) | * '''[[w:Exchange rate policy]]''' or an '''exchange-rate regime''' is the way an authority manages its [[w:currency|currency]] in relation to other currencies and the [[w:foreign exchange market|foreign exchange market]]. It is closely related to [[w:monetary policy|monetary policy]] and the two are generally dependent on many of the same factors. ( Wikipedia ) | ||
* '''[[w:Taylor rule]]''' | * In [[economics]], a '''[[w:Taylor rule]]''' is a [[w:monetary policy|monetary-policy]] rule that stipulates how much the [[w:central bank|central bank]] should change the [[w:nominal interest rate|nominal interest rate]] in response to changes in [[w:inflation|inflation]], [[w:Gross Domestic Product|output]], or other economic conditions. ( Wikipedia ) | ||
* '''[[w:]]''' | * '''[[w:]]''' | ||