Should The Fed Smooth Interest Rates? The Case of Seasonal Monetary Policy
收藏NBER1990-06-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w3388
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资源简介：
This paper examines the choice of monetary policy in response to seasonal fluctuations in the economy. It discusses the costs and benefits of smoothing interest rates over the seasons, which has been the Fed's policy since its founding in 1914, and presents simulations suggesting how the economy
提供机构：
美国国家经济研究局
创建时间：
1990-06-01
