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A Theory of Macroprudential Policies in the Presence of Nominal Rigidities

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NBER2013-08-01 更新2025-01-04 收录
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https://www.nber.org/papers/w19313
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资源简介:
We propose a theory of monetary policy and macroprudential interventions in financial markets. We focus on economies with nominal rigidities in goods and labor markets and subject to constraints on monetary policy, such as the zero lower bound or fixed exchange rates. We identify an aggregate demand
提供机构:
美国国家经济研究局
创建时间:
2013-08-01
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