1. Macroeconomic Themes:191 Interest Rate Determination Rule: Test of the Taylor Rule in the UK November 2002

2. Macroeconomic Themes:192 Background Literature

3. Macroeconomic Themes:193 Research in Time Inconsistency, Policy Co-ordination and

4. Macroeconomic Themes:194 Friedman (1966, 1968) and Phelps (1967) natural rate of unemployment hypothesis

5. Macroeconomic Themes:195 Aggregate Supply and Demands

6. Macroeconomic Themes:196 Labour Market Equilibrium and Aggregate Supply

7. Macroeconomic Themes:197 Impact of Monetary Policy in the Short and the Long Run

8. Macroeconomic Themes:198 Policy Rule, Discretion, Cheating and Time Inconsistency in Economic Policy Making

9. Macroeconomic Themes:199 Fiscal and Monetary Policy Game in a Diagram

10. Macroeconomic Themes:1910 Three Equations of the Interest Determination Rule: Taylor Rule

11. Macroeconomic Themes:1911 Reduced Form Equation of the Interest Determination Model

12. Macroeconomic Themes:1912 Natural rate of Interest: Steady State

13. Macroeconomic Themes:1913 General Solution of the Interest Rule Model

14. Macroeconomic Themes:1914 Convergence or Divergence from the Steady State

15. Macroeconomic Themes:1915 Data Set Used for the Interest Rate Rule

16. Macroeconomic Themes:1916 Drawbacks of Single Equation Estimation

17. Macroeconomic Themes:1917 Better Fit From the Simultaneous Estimation

18. Macroeconomic Themes:1918 Actual and Predicted Interest from the Single Equation Method

19. Macroeconomic Themes:1919 Actual and Predicted Interest from the Simultaneous Equation Method

20. Macroeconomic Themes:1920 Main Points of this Paper

21. Macroeconomic Themes:1921 References-1

22. Macroeconomic Themes:1922 References-2