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Determinacy, Learnability, Plausibility, and the Role of Money in New Keynesian Models

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NBER2012-07-01 更新2025-01-04 收录
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https://www.nber.org/papers/w18215
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Recent mainstream monetary policy analysis focuses on rational expectation solutions that are uniquely stable. A number of recent studies have examined the question of whether typical New Keynesian (NK) models, with policy rules that satisfy the Taylor principle, also exhibit solutions with
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美国国家经济研究局
创建时间:
2012-07-01
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