Monetary and Fiscal Policy Switching
收藏NBER2004-03-01 更新2025-01-04 收录
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https://www.nber.org/papers/w10362
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资源简介：
A growing body of evidence finds that policy reaction functions vary substantially over different periods in the United States. This paper explores how moving to an environment in which monetary and fiscal regimes evolve according to a Markov process can change the impacts of policy shocks. In one
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美国国家经济研究局创建时间：
2004-03-01
