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Monetary Policy Rules in Practice: Some International Evidence

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NBER1997-11-01 更新2025-01-04 收录
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This paper reports estimates of monetary policy reaction functions for two sets of" countries: the G3 (Germany, Japan, and the U.S.) and the E3 (UK, France that since 1979 each of the G3 central banks has pursued an implicit form of inflation targeting which may account for the broad success of

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1997-11-01
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