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Targets, Indicators, and Instruments of Monetary Policy

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NBER1989-07-01 更新2025-01-04 收录
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https://www.nber.org/papers/w3047
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It has become increasingly evident that the Federal Reserve's official strategy of the past decade, involving the adherence to target paths for monetary aggregates, is not currently being utilized to any significant extent. While some commentators welcome and others deplore this development, most
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1989-07-01
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