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The Effects of Monetary Policy on the Real Sector: An Overview of Empirical Evidence for Selected OECD Economies

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The purpose of this study is to assess the current state of understanding about the effects of monetary policy, both at the conceptual level and in the light of the experience of the seven major OECD countries (the United States, Japan, Germany, France, the United Kingdom, Italy and Canada) and three selected smaller open economies (Australia, the...

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