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Choosing the Federal Reserve Chair: Lessons from History

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NBER2003-12-01 更新2025-01-04 收录
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This paper uses the lessons of history to identify the sources of monetary policy successes and failures in the past and to suggest a strategy for choosing successful Federal Reserve chairs in the future. It demonstrates that since at least the mid-1930s, the key determinant of the quality of

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2003-12-01
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