摘要：In the early 1990s, I had the pleasure of working with Don Kohn at the Federal Reserve Board in the Division of Monetary Affairs. It was an exciting time, in part because of a fascinating synergy between much of the practical monetary policy analysis that was being conducted and the contemporaneous academic and central bank monetary policy research. Policy questions are often considered simultaneously by central bankers and researchers, but at that time, the convergence seemed to be even greater than usual. In particular, the evaluation and use of simple interest rate monetary policy rules burgeoned during that time in both real-world policy discussions and research papers.
