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Goodhart's law

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fine tuning

fine tuning  

Reference type:
Overview Page
The effort to make precise adjustments in the level of activity via fiscal and monetary policies. Efforts at fine tuning are hampered by lags and minor inaccuracies in the data on which policies are ...
Goodhart's Law

Goodhart's Law   Reference library

The Handbook of International Financial Terms

Reference type:
Subject Reference
Current Version:
2005

States that the pursuit by a monetary authority of any monetary target renders it completely meaningless for the purpose for

performance measurement

performance measurement  

The process of (a) developing indicators to assess progress towards certain predefined goals and (b) reviewing performance against these measures. Performance measures can be applied to the whole ...

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