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Optimal Policy for Macro-Financial Stability

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NBER2019-10-01 更新2025-01-04 收录
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https://www.nber.org/papers/w26397
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资源简介:
There is a new and now extensive literature analyzing government policies for financial stability based on models with endogenous borrowing constraints. These normative analyses often build upon the concept of constrained efficient allocation, where the social planner is constrained by the same
创建时间:
2019-10-01
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