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Forward-Looking Rules for Monetary Policy

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NBER1998-05-01 更新2025-01-04 收录
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This paper evaluates a class of simple monetary policy rules which feed back from explicit forecasts of future inflation - inflation forecast-based (IFB) rules. These rules aim to mimic current monetary policy practices among the inflation-targeting countries, where policy decisions are based on

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1998-05-01
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