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Monetary Policy, Interest Rate Rules, and Inflation Targeting: Some Basic Equivalences

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NBER2001-12-01 更新2025-01-04 收录
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https://www.nber.org/papers/w8684
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Policymakers increasingly view short-term nominal interest rates as the main instrument of monetary policy, often in conjunction with some inflation target. Interest rates on short-term indexed government debt (i.e., a real interest rate) have also been used as policy instruments. To understand the
创建时间:
2001-12-01
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