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Ben Bernanke and the Zero Bound

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NBER2012-02-01 更新2025-01-04 收录
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From 2000 to 2003, when Ben Bernanke was a professor and then a Fed Governor, he wrote extensively about monetary policy at the zero bound on interest rates. He advocated aggressive stimulus policies, such as a money-financed tax cut and an inflation target of 3-4%. Yet, since U.S. interest rates

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2012-02-01
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