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Why Does Money Affect Output? A Survey

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NBER1987-06-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w2285
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Why movements in nominal money appear to have strong and lasting effects on real activity is one of the most difficult questions in macroeconomics. The paper surveys the state of knowledge on the issue. with a focus on recent developments. The paper starts by reviewing the evolution of thought from
创建时间:
1987-06-01
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