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Simple and Robust Rules for Monetary Policy

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NBER2010-04-01 更新2025-01-04 收录
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https://www.nber.org/papers/w15908
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资源简介:
This paper focuses on simple rules for monetary policy which central banks have used in various ways to guide their interest rate decisions. Such rules, which can be evaluated using simulation and optimization techniques, were first derived from research on empirical monetary models with rational
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2010-04-01
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