The Value of Intermediate Targets in Implementing Monetary Policy
收藏NBER1984-11-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w1487
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资源简介:
This paper reports empirical results indicating that there is no compelling evidence in favor of singling outany one variable as "the intermediate target" of monetary policy. Of the variables considered here - including money (M1), credit, a long-term interest rate, and whichever of either reserves
提供机构:
美国国家经济研究局
创建时间:
1984-11-01



