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Federal Reserve Structure and the Production of Monetary Policy Ideas

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NBER2023-12-01 更新2025-01-04 收录
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https://www.nber.org/papers/w31915
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资源简介:
We evaluate the decentralized structure of the Federal Reserve System as a mechanism for generating and processing new ideas on monetary policy over the 1960 - 2000 period. We document the introduction of monetarism, rational expectations, credibility, transparency, and other monetary policy ideas
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2023-12-01
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