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Nominal GDP Targeting for Developing Countries

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NBER2015-02-01 更新2025-01-04 收录
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The revival of interest in nominal GDP (NGDP) targeting has come in the context of large advanced economies. We consider the case for NGDP targeting for mid-sized developing countries, in light of their susceptibility to supply shocks and terms of trade shocks. For India, in particular, one major

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2015-02-01
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