Analysis of the Monetary Transmission Mechanism: Methodological Issues
收藏NBER1999-10-01 更新2025-01-04 收录
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https://www.nber.org/papers/w7395
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This paper argues that, in studying the monetary policy transmission process, more emphasis should be given to the systematic portion of policy behavior and correspondingly less to random shocks basically because shocks account for a very small fraction of policy-instrument variability. Analysis of
提供机构:
美国国家经济研究局
创建时间:
1999-10-01



