With the advent of big data and increased computing power, some people have advocated for monetary policy
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With the advent of big data and increased computing power, some people have advocated for monetary policy by algorithm. Basically, real-time data is fed into a computer program, which then determines monetary policy decisions. Discuss the benefits and potential problems with such an approach.
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Monetary Policy by Algorithm Weighing the Benefits and Problems The idea of using algorithms to automate monetary policy decisionsleveraging realtime ...View the full answer
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Related Book For 
Principles Of Economics
ISBN: 9781319330156,9781319419769
2nd Edition
Authors: Betsey Stevenson, Justin Wolfers
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