The Theory of Credit and Macro-economic Stability
收藏NBER2016-11-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w22837
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资源简介：
In the aftermath of the Great Recession, there is a growing consensus, even among central bank officials, concerning the limitations of monetary policy. This paper provides an explanation for the ineffectiveness of monetary policy, and in doing so provides a new framework for thinking about monetary
提供机构：
美国国家经济研究局
创建时间：
2016-11-01
