Monetary Policy When Potential Output is Uncertain: Understanding the Growth Gamble of the 1990s
收藏NBER2006-06-01 更新2025-01-04 收录
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https://www.nber.org/papers/w12268
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The Fed kept interest rates low and essentially unchanged during the late 1990s despite a booming economy and record-low unemployment. These interest rates were accommodative by historical standards. Nonetheless, inflation remained low. How did the Fed succeed in sustaining rapid economic growth
20世纪90年代末，尽管经济繁荣、失业率创下历史新低，美联储（Federal Reserve, Fed）仍将利率维持在低位且基本未变。从历史标准来看，此类利率水平属于宽松货币政策范畴，但通胀率仍保持低位。美联储究竟是如何成功维持经济高速增长的？
提供机构：
美国国家经济研究局
创建时间：
2006-06-01
