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Inflation Targeting in the United States?

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NBER2003-09-01 更新2025-01-04 收录
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https://www.nber.org/papers/w9981
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The paper begins by tracing the origins of the case for inflation targeting in postwar US monetary history. It describes five aspects of inflation targeting practiced implicitly by the Greenspan Fed. It argues that (1) low long run inflation should be an explicit priority for monetary policy, (2) as
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2003-09-01
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