Inflation Targeting and Sudden Stops
收藏NBER2003-04-01 更新2025-01-04 收录
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https://www.nber.org/papers/w9599
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Emerging economies experience sudden stops in capital inflows. As we have argued in Caballero and Krishnamurthy (2002), having access to monetary policy during these sudden stops is useful, but mostly for insurance' rather than for aggregate demand reasons. In this environment, a central bank that
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美国国家经济研究局创建时间：
2003-04-01
