Some Theoretical Aspects of Base Control
收藏NBER1981-03-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w0650
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资源简介：
This paper focuses on the implications of using the monetary base or bank reserves as an instrument to control a monetary aggregate. Following analysis of a series of theoretical models of increasing complexity, it is concluded that in a system with either institutional or structural lags base
提供机构：
美国国家经济研究局
创建时间：
1981-03-01
