Identification and the Liquidity Effect of a Monetary Policy Shock
收藏NBER1991-11-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w3920
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资源简介：
Conventional wisdom holds that unanticipated expansionary monetary policy shocks cause transient but persistent decreases in real and nominal interest rates. However a number of econometric studies argue that the evidence favors the opposite view, namely that these shocks actually raise, rather than
提供机构：
美国国家经济研究局
创建时间：
1991-11-01
