The "Thin Film Of Gold": Monetary Rules and Policy Credibility In Developing Countries
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This paper asks whether developing countries can reap credibility gains from submitting policy to a strict monetary rule. Following earlier work, we look at the gold standard era (1880-1914) as a "natural experiment" to test whether adoption of a rule-based monetary framework such as the gold
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美国国家经济研究局创建时间：
2008-04-01
