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What Does the Bundesbank Target?

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NBER1996-09-01 更新2025-01-04 收录
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https://www.nber.org/papers/w5764
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Although its primary ultimate objective is price stability, the Bundesbank has drawn a distinction between its money-focus strategy and the inflation targeting approach recently adopted by a number of central banks. We show that, holding constant the current forecast of inflation, German monetary
提供机构:
美国国家经济研究局
创建时间:
1996-09-01
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