On Activist Monetary Policy With Rational Expectations
收藏NBER1979-04-01 更新2025-01-04 收录
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https://www.nber.org/papers/w0341
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The paper examines the case for activist monetary policy. It accepts the view that expectations are formed rationally, but not the implication of flexible price, equilibrium, rational expectations models, that monetary policy cannot and should not be used to affect real magnitudes. The paper starts
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美国国家经济研究局创建时间：
1979-04-01
