five

Monetary Policy Without Quantity Variables

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NBER1988-04-01 更新2025-01-04 收录
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https://www.nber.org/papers/w2552
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The collapse in the 1980s of familiar relationships connecting money to either income or prices has thrown into question long-standing presumptions about the appropriate conduct of monetary policy. Once data from the 1980s are included, tests of several kinds -- including simple regression tests,
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1988-04-01
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